Sweet Grass County Real Estate and Livability Trends
Sweet Grass County, Montana has witnessed substantial growth in median home values, soaring from $191,800 in 2015 to $271,100 in 2022, which may indicate unique local economic drivers or heightened demand post-2021. Property tax hikes from $1,940.00 in 2012 to $3,122.22 by 2021 hint at increased property values and potential local economic growth. A consistent student-to-teacher ratio below the... Read more
Sweet Grass County Market Trends
Sweet Grass County, Montana has seen median home values nearly double from $191,800 in 2015 to $271,100 in 2022, outpacing national trends. This recent surge, especially post-2021, hints at unique local drivers or an increased demand that could intrigue buyers and investors. Meanwhile, real estate taxes surged from $1,940.00 in 2012 to $3,122.22 by 2021, possibly reflecting economic growth or... Read more
Median Value of Occupied Housing Units in Sweet Grass County, Montana Over the Last 8 Years
Sweet Grass County, Montana has seen a significant upward trend in median home values over the past eight years, rising from $191,800 in 2015 to $271,100 by 2022. While Montana generally reflected this growth with medians increasing from $193,500 to $305,700 during the same period, the county's home values specifically experienced a plateau in 2020 and 2021 before jumping again in 2022. Compared to the national median, which grew from $125,500 to $179,400, Sweet Grass County's housing market may be more dynamic, potentially indicating a stronger local demand or unique market drivers in play. This could present opportunities or challenges for prospective buyers and investors evaluating the area's real estate landscape.
Residential Energy Tax Credit Per Tax Return in Sweet Grass County, MT Over the Last 4 Years
Sweet Grass County, Montana has witnessed fluctuations in residential energy tax credits per tax return over the last four years. With values starting at $175.00 in 2013, peaking significantly at $250.00 by 2016, these changes might reflect varying levels of investment in energy-efficient home improvements. For investors or homeowners considering property in the area, these trends could indicate an evolving focus on sustainability and energy savings that could potentially influence property values and operational costs.
Average Real Estate Taxes Per Tax Return in Sweet Grass County, MT Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Sweet Grass County, Montana have shown a general upward trend, climbing from $1,940.00 in 2012 to potentially $3,122.22 in 2021. A noticeable surge occurred between 2015 and 2018, with taxes rising sharply from $2,000.00 to $2,818.18, indicating possible economic growth or property value increases. Real estate agents, appraisers, and investors might find this trend indicative of an evolving market with increasing valuation, possibly suggesting a strengthening demand for property in the county. Understanding these dynamics can be critical for those considering building, moving to, or investing in Sweet Grass County.
Percentage of Farm Returns in Sweet Grass County, MT Over the Last 10 Years
Sweet Grass County, Montana has witnessed a fluctuating trend in the percentage of farm returns over the last decade, hovering around 13.14% in 2012 and adjusting to approximately 12.35% as of 2021. Farm tax returns typically indicate profitability in agriculture and can be a valuable metric for investors and property developers when assessing economic stability and growth potential in a farming community. Noteworthy is the dip in values around 2017 and 2020, which might suggest economic factors or shifts in farm activity during those years. Understanding these variations can provide invaluable insights for stakeholders interested in the agriculture-associated economic climate of Sweet Grass County.
Number of Mortgages by Occupancy Type in Sweet Grass County, MT Over the Last 5 Years in Sweet Grass County
Sweet Grass County, Montana has seen a notable fluctuation in mortgage activity by occupancy type over the past five years. Principal residences have consistently dominated the mortgage landscape, peaking at 179 in 2021, a significant rise from 100 in 2018. Investment properties and second residences have remained relatively stable, with slight increases and decreases over the years. These trends could suggest varying degrees of confidence in the local housing market, with potential implications for investors, real estate agents, and insurance agents as they navigate changing demand for different property types. The predominant focus on principal residences might indicate a strong, permanent resident community, which could attract more stable investments compared to markets with higher proportions of investment and second homes.
Economic Outlook
Sweet Grass County, Montana has seen an impressive rise in average taxable income per tax return, jumping from $49,811.83 in 2013 to $78,662.71 in 2021. This growth may signal a thriving local economy, enticing investors and developers. Furthermore, state and local income taxes per tax return have almost doubled over the past decade, possibly reflecting economic expansion and policy changes. The total tax liability per tax return has also risen significantly from $6,842.40 in 2012 to $13,199.27... Read more
Average Taxable Income per Tax Return in Sweet Grass County, MT over the last 9 years
Over the past nine years, Sweet Grass County, Montana has exhibited a notable increase in the average taxable income per tax return. Starting from $49,811.83 in 2013, the average income experienced a steady climb, reaching a significant peak of $78,662.71 in 2021. This trend could be especially relevant for potential investors, property developers, and real estate agents, suggesting economic growth and a potentially affluent market. The substantial income increase might also affect property appraisals, insurance premiums, and general cost of living assessments in the area.
Average State and Local Income Taxes Per Tax Return in Sweet Grass County, MT Over the Last 10 Years
Over the past decade, Sweet Grass County, Montana has seen fluctuating but overall increasing trends in state and local income taxes per tax return, with amounts ranging from $4,486.96 in 2012 to $8,950.00 in 2021. These trends could offer insights into the economic growth or shifts happening within the county, potentially influenced by changes in local policies or economic conditions. The considerable rise between 2018 and 2021 might suggest a growing local economy, which could be a signal for investors, real estate agents, and property developers to pay closer attention to this region. For potential new residents and current homeowners, this trend may also reflect changes in local government funding needs and public service improvements.
Average Total Tax Liability Per Tax Return in Sweet Grass County, MT Over the Last 10 Years
Over the past decade, Sweet Grass County, Montana has seen a noticeable increase in average total tax liability per tax return, rising from $6,842.40 in 2012 to $13,199.27 in 2021. This upward trend suggests growing economic activity and possibly increasing property values in the area, factors that should be of interest to potential investors, real estate agents, and appraisers. However, this also means that residents might face higher costs of living, which could impact decisions for those looking to move or build property here. Understanding these tax liability trends is crucial for making informed financial and real estate decisions in Sweet Grass County.
Cost of Living in Sweet Grass County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,633 | $1,586 | $1,297 | $1,349 |
| 1 adult 4 children | $1,174 | $1,333 | $1,228 | $1,297 | $1,516 |
| 2 adults 3 children | $1,174 | $1,334 | $1,368 | $1,297 | $1,102 |
| 1 adult 3 children | $1,174 | $1,089 | $1,011 | $1,297 | $1,251 |
| 2 adults 2 children | $826 | $1,092 | $1,150 | $1,124 | $890 |
| 1 adult 2 children | $826 | $816 | $793 | $1,124 | $889 |
| 2 adults 1 child | $826 | $863 | $932 | $562 | $784 |
| 1 adult 1 child | $826 | $557 | $575 | $562 | $674 |
| 2 adults | $648 | $693 | $715 | $0 | $605 |
| 1 adult | $596 | $378 | $357 | $0 | $547 |
Safety trends & Data
Sweet Grass County, Montana, has experienced variable property crime rates over the last five years, with larceny-theft peaking at 8 reported instances in 2021. Vandalism saw concerning trends, hitting 7 incidents in 2021 and peaking at 6 in multiple other years. While burglary and motor vehicle theft have sporadically increased, their rates have generally stayed lower, painting a mixed but modest property crime landscape for potential investors or new... Read more
Property Crime Trends in Sweet Grass County, MT Over the Last 5 Years
Sweet Grass County, Montana, has seen fluctuating property crime rates over the past five years. The data points to a notable increase in larceny-theft cases, peaking in 2021 with 8 reported instances. Vandalism also marked a concerning trend with 7 incidents in 2021 and a peak of 6 incidents in multiple years. Burglary and motor vehicle theft showed sporadic increases but remained relatively lower in comparison. For those considering investment or relocation, these trends may suggest a modest yet varied property crime landscape.
Demographics
Sweet Grass County in Montana shows a modestly larger male population than female, reflecting a balanced gender ratio. Educational attainment indicates a significant portion having a high school diploma or some college education, though fewer possess advanced degrees. The age distribution presents a substantial proportion of residents aged 55 and above, which might explain the need for targeted services for older adults. Racial demographics reveal a predominantly White community, with very... Read more
Race Distribution in Sweet Grass County, Montana (2022)
Educational Attainment in Sweet Grass County, Montana (2022)
Age Distribution in Sweet Grass County, Montana
Citizen Population in Sweet Grass County, Montana (2022)
Political Trends & Data
Sweet Grass County, Montana, exhibits a strong conservative presence with around 75% of the 2020 U.S. Presidential Election votes potentially supporting the GOP, while Democrats garnered around 22% and Libertarians just over 2%. This political landscape suggests that local policies and community dynamics might lean towards conservative values, potentially influencing real estate development, property taxes, and local zoning laws. For potential investors or homebuyers, understanding these... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Sweet Grass County, Montana, the 2020 U.S. Presidential Election results leaned heavily Republican, with approximately 75% of votes potentially supporting the GOP. Democrats seemed to have a smaller base here, capturing around 22% of the votes, while Libertarians garnered just over 2%. No significant support was noted for Green or other parties. This indicates a strong conservative presence, which might influence local policies and political dynamics.
75.22% of voters voted for the Republican party in the 2020 Presidential Election
22.44% of voters voted for the Democrat party in the 2020 Presidential Election
2.33% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Sweet Grass County, Montana consistently maintains a student-to-teacher ratio between 10 to 13 students per teacher, below the national average of 14. This could indicate a more personalized educational environment, potentially attracting families who prioritize quality education. For real estate professionals, these dynamics might offer insights into community development trends, property valuations, and risk... Read more
Student-to-teacher ratio in Sweet Grass County, Montana over the last 10 years
Sweet Grass County, Montana has experienced fluctuations in its student-to-teacher ratio over the past decade, varying between roughly 10 to 13 students per teacher. Notably, the county consistently maintains ratios below the national average of 14 students per teacher. For potential investors, residents, and those involved in real estate or education sectors, this might suggest a more personalized educational environment, which could be a draw for families prioritizing quality education. For appraisers and insurance agents, understanding these dynamics can give insights into community development trends and potentially impact property valuations and risk assessments.
