Teton County Real Estate and Livability Trends
Median home values in Teton County, Montana, surged from $143,800 in 2015 to $217,200 in 2022, offering opportunities for investors and homebuyers seeking affordable yet appreciating properties, even though these values remain lower than the statewide average of $305,700. Real estate taxes increased from $1,731.58 per tax return in 2012 to about $2,838.46 by 2021, reflecting the shifting cost... Read more
Teton County Market Trends
Median home values in Teton County, Montana, have surged from $143,800 in 2015 to $217,200 in 2022, signaling a strengthening market despite being lower than the statewide average of $305,700. This growth presents opportunities for investors and homebuyers seeking affordable yet appreciating properties. Real estate taxes have also seen an upward trend, from $1,731.58 per tax return in 2012 to... Read more
Median Value of Occupied Housing Units in Teton County, Montana Over the Last 8 Years
Over the last eight years, median home values in Teton County, Montana, saw a steady rise from $143,800 in 2015 to $217,200 in 2022. Although still lower than the statewide median value of $305,700 and the national median value of $179,400 in 2022, the increase suggests a strengthening local market. This could potentially offer opportunities for investors and homebuyers looking for growth amidst relatively affordable prices, especially when compared to broader Montana trends.
Residential Energy Tax Credit Per Tax Return in Teton County, MT Over the Last 7 Years
Over the past seven years, Teton County, Montana's average residential energy tax credit per tax return has experienced notable fluctuation. The amount peaked in 2015 at $400.00, followed by a dip to $200.00 in 2019. More recently, the average increased to $325.00 by 2021. This variability could be indicative of changing energy efficiency investments or tax policy shifts in the region. Investors, homebuilders, and real estate agents might find these trends relevant when considering the financial incentives for energy-efficient home improvements in Teton County.
Average Real Estate Taxes Per Tax Return in Teton County, MT Over the Last 10 Years
Over the past decade, Teton County, Montana has seen a general uptick in real estate taxes per tax return, starting at approximately $1,731.58 in 2012 and rising to about $2,838.46 by 2021. Significant jumps, such as the spike to $2,866.67 in 2018, suggest irregular but upward trends that may interest investors and those considering property ventures. This data could also serve as a notable reference point for appraisers and insurance agents, offering insight into the rising cost landscape of the area which may influence future market dynamics.
Percentage of Farm Returns in Teton County, MT Over the Last 10 Years
In Teton County, Montana, the percentage of farm tax returns has shown some fluctuation over the past decade, ranging between 13.77% and 15.20%. Farm tax returns typically indicate the prevalence of agricultural activity in the region, which could impact land values and local economy. For those looking to invest or establish property in the area, this mild variability in farm returns might suggest a relatively stable agricultural sector, aligning with the area's rural and farming characteristics. This steadiness can be attractive to individuals interested in agribusiness or seeking a quieter, farm-oriented lifestyle.
Number of Mortgages by Occupancy Type in Teton County, MT Over the Last 5 Years in Teton County
From 2018 to 2022 in Teton County, Montana, the number of mortgages for principal residences consistently outweighed those for investment and second properties. Principal residence mortgages saw a peak in 2021, while investment and second properties had relatively stable but lower numbers throughout, with minor fluctuations. These trends can hint at the county's population stability and the potential for long-term community investments, making it an attractive option for families and primary residents. Interestingly, investment property mortgages did not show significant variation, suggesting a steady interest in rental or commercial property but without a major growth trend. Changes in mortgage patterns might affect local property values, insurance rates, and community demographics, valuable data for investors, real estate professionals, and local authorities.
Economic Outlook
Teton County, Montana has seen a series of shifts in average taxable income per tax return over the past decade, with notable years like 2015 ($54,330.87) and 2021 ($61,978.78) reflecting growth, despite occasional dips such as in 2016 ($44,419.33). Meanwhile, state and local income taxes per tax return fluctuated significantly, hitting a high in 2020 ($8,690.91) after dipping in 2014 ($5,447.62), likely influenced by changes in economic activity or tax policies. Total tax liability per tax... Read more
Average Taxable Income per Tax Return in Teton County, MT over the last 9 years
Teton County, Montana has seen fluctuations in average taxable income per tax return over the past nine years, with notable increases like the jump to $54,330.87 in 2015 and $61,978.78 in 2021. Despite some declines, such as in 2016 when the average fell to $44,419.33, the overall trend leans towards growth. This variable income pattern may be of interest to investors, real estate agents, and those considering relocation, as it indicates periods of financial upswing and potential economic stability in recent years.
Average State and Local Income Taxes Per Tax Return in Teton County, MT Over the Last 10 Years
Teton County, Montana has experienced significant fluctuations in state and local income taxes per tax return over the past decade, peaking in 2020 at around $8,690.91 and with a notable dip in 2014 at approximately $5,447.62. This trend may reflect variations in economic activity or changes in tax policy and could offer valuable insights for investors, real estate agents, and insurance professionals assessing financial commitments and returns in this locale.
Average Total Tax Liability Per Tax Return in Teton County, MT Over the Last 10 Years
In Teton County, Montana, the average total tax liability per tax return has experienced notable fluctuations over the past decade. Every few years show spikes and dips, such as a notable increase to $10,046.67 in 2015 and a rise to $9,275.93 in 2021, while other years like 2019 saw a reduction to $6,517.91. This kind of variation may be of particular interest to potential investors, real estate agents, and appraisers, as it could indicate economic activities and possibly changing property values within the county. For those living or moving to Teton County, understanding these tax trends can provide a clearer picture of the financial landscape.
Cost of Living in Teton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,140 | $1,460 | $2,018 | $1,180 | $1,363 |
| 1 adult 4 children | $1,140 | $1,192 | $1,562 | $1,180 | $1,509 |
| 2 adults 3 children | $1,140 | $1,193 | $1,741 | $1,180 | $1,110 |
| 1 adult 3 children | $1,140 | $974 | $1,286 | $1,180 | $1,235 |
| 2 adults 2 children | $826 | $976 | $1,465 | $1,023 | $908 |
| 1 adult 2 children | $826 | $729 | $1,009 | $1,023 | $892 |
| 2 adults 1 child | $826 | $772 | $1,188 | $511 | $810 |
| 1 adult 1 child | $826 | $498 | $732 | $511 | $686 |
| 2 adults | $694 | $620 | $912 | $0 | $651 |
| 1 adult | $596 | $338 | $456 | $0 | $565 |
Safety trends & Data
In Teton County, Montana, property crime trends over the last five years reveal fluctuating incidents, with larceny-theft peaking in 2021 at 20 cases, a notable increase from previous years. Interestingly, both burglary and motor vehicle theft have steadily declined, with only one reported case each in 2022. Additionally, fraud cases spiked in 2018 but have since tapered off. These criminal activity patterns are crucial for property investors, real estate agents, and insurers as they assess... Read more
Property Crime Trends in Teton County, MT Over the Last 5 Years
Teton County, Montana has seen fluctuating trends in property crimes over the last five years, with larceny-theft peaking in 2021 at 20 incidents, a significant rise compared to previous years. Burglary and motor vehicle theft have shown a steady decline, with only a single instance each in 2022. Interestingly, fraud cases spiked in 2018 but have since decreased. These patterns might indicate shifts in local criminal activity, which property investors, real estate agents, and insurers would find pertinent when assessing risk and property values.
Demographics
Teton County, Montana has a nearly even gender distribution with 2,337 males and 2,343 females. The area tends to have a predominantly older population, especially those aged 55 years and older. Educational attainment varies significantly, with high school graduates making up a relatively large portion of the population. The racial composition tilts heavily towards White individuals, while other racial groups, including Black or African American and American Indian and Alaska Native, represent... Read more
Race Distribution in Teton County, Montana (2022)
Educational Attainment in Teton County, Montana (2022)
Age Distribution in Teton County, Montana
Citizen Population in Teton County, Montana (2022)
Political Trends & Data
In Teton County, Montana, the 2020 U.S. Presidential Election showed a clear preference for the Republican party, which secured roughly 71% of the vote. Democrats managed to capture around 27%, while Libertarians saw minimal support at close to 2%. The area's strong conservative tendencies could influence local policies and shape community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Teton County, Montana, the 2020 U.S. Presidential Election saw a significant lean towards the Republican party, with approximately 71% of the vote. Democrats garnered around 27%, reflective of a smaller but noteworthy portion of the electorate. Minimal support was evident for Libertarians, who received close to 2%. Although data on other parties was not provided, third-party influence seems marginal at best. This voting behavior may indicate strong conservative tendencies in the region, potentially shaping local policies and community values.
70.89% of voters voted for the Republican party in the 2020 Presidential Election
27.37% of voters voted for the Democrat party in the 2020 Presidential Election
1.74% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Teton County, Montana's student-to-teacher ratio has remained consistently below the national average of 14 students per teacher, fluctuating between about 10 and 11.65 over the past decade. This trend could imply more individualized attention for students and potentially better educational outcomes. Such a consistently low ratio might appeal to families prioritizing education quality, as well as to educators seeking less congested classrooms. Investors, real estate agents, and new residents... Read more
Student-to-teacher ratio in Teton County, Montana over the last 10 years
Over the past 10 years, Teton County, Montana's student-to-teacher ratio has mostly remained below the national average of 14 students per teacher, with figures fluctuating between about 10 and 11.65. Such consistently lower ratios could imply more individualized attention for students and potentially better educational outcomes. This trend might appeal to families prioritizing education quality, as well as to educators seeking less congested classrooms. Investors, real estate agents, and new residents may find this data significant because it suggests a community with a strong commitment to education, which often correlates with stable property values and overall community wellbeing.
