Treasure County Real Estate and Livability Trends
Treasure County, Montana’s median home values rocketed by over 144% from $86,100 in 2015 to $210,700 in 2022, outpacing state and national trends. The average total tax liability per tax return, usually around $6,000.00, with noticeable peaks in 2014 and 2019, offers critical insights for real estate and insurance professionals. Student-to-teacher ratios have consistently stayed well below the... Read more
Treasure County Market Trends
Treasure County, Montana's median home values have surged by over 144% from $86,100 in 2015 to $210,700 in 2022, significantly outpacing both state and national trends. Real estate taxes have fluctuated, with notable increases like the jump from $866.67 in 2014 to $1233.33 in 2015 and reaching $1300.00 in 2017. Farm tax returns, indicative of agricultural activity, have shown variability,... Read more
Median Value of Occupied Housing Units in Treasure County, Montana Over the Last 8 Years
Treasure County, Montana has experienced a dramatic rise in median home values over the last eight years, moving from $86,100 in 2015 to $210,700 in 2022, which translates to an increase of over 144%. This local surge has outpaced both state and national trends, with Montana's state values rising from $193,500 to $305,700 and national values increasing from $125,500 to $179,400 during the same period. Prospective investors and new residents might find the rapid appreciation appealing, but they should also be prepared for potentially steeper entry costs into this burgeoning market.
Average Real Estate Taxes Per Tax Return in Treasure County, MT Over the Last 6 Years
Real estate taxes in Treasure County, Montana have displayed notable fluctuation over the last six years. Starting at $1000.00 in 2012, they increased steadily to $1033.33 in 2013, yet dipped to $866.67 in 2014. A significant jump occurred in 2015 to $1233.33, stabilizing at that figure through 2016, before rising again to $1300.00 in 2017. These insights could be valuable for potential investors and real estate professionals analyzing tax trends and forecasting future property expenses in the area.
Percentage of Farm Returns in Treasure County, MT Over the Last 10 Years
Treasure County, Montana, has seen fluctuations in the percentage of farm tax returns over the past decade, peaking at 33.33% in 2016 and dipping to 22.86% in 2019. Those contemplating investment or property development in the area should note this variability; it signals changes in agricultural activity and possibly broader economic shifts. Farm tax returns, which indicate the number of tax filings from farm operations, are a useful metric for understanding the local economy's reliance on agriculture. Such insights can help gauge community stability and economic health, critical factors for strategic decisions.
Number of Mortgages by Occupancy Type in Treasure County, MT Over the Last 5 Years in Treasure County
Over the past five years in Treasure County, Montana, the number of mortgages for principal residences has shown variability, peaking at 16 in 2021 and dropping to 9 in 2020. Investment property mortgages have remained minimal, typically ranging around 1 to 2 annually. Second residence mortgages appear sporadically, with two recorded in 2021 and 2022. Understanding these trends helps investors and real estate agents gauge demand for different property types, appraisers in assessing market values accurately, and insurance agents in tailoring policies. Shifts in occupancy types could also affect local economic activity, influencing development plans for builders and signaling residential stability or flux to potential residents.
Economic Outlook
Treasure County, Montana, has seen varied trends in average taxable income, with notable spikes like the $58,460.61 average in 2021 suggesting potential economic growth, which might catch the eye of investors and those considering relocation. The fluctuations in state and local income taxes, ranging from $6,525.00 in 2013 to $4,680.00 in 2015, indicate a dynamic local economy, impacting investment decisions and project planning. Additionally, the average total tax liability per tax return,... Read more
Average Taxable Income per Tax Return in Treasure County, MT over the last 9 years
Average taxable income per tax return in Treasure County, Montana has experienced fluctuations over the past nine years, with peaks and dips reflecting potential economic shifts. Notably, income saw a marked increase in 2021, reaching an average of $58,460.61, a substantial rise from previous years. Trends suggest that while there can be volatility, there is a general upward trajectory, which could be appealing for investors or those considering relocation. Appraisers and insurance agents might find these figures indicative of a strengthening local economy, potentially affecting property values and risk assessments. Real estate agents and builders could also leverage this data to forecast market conditions and client preferences.
Average State and Local Income Taxes Per Tax Return in Treasure County, MT Over the Last 6 Years
Over the last six years, Treasure County, Montana has seen fluctuations in average state and local income taxes per tax return ranging from a high of $6,525.00 in 2013 to a low of $4,680.00 in 2015. The general trend appears to indicate variability rather than a consistent increase or decrease, suggesting a dynamic local economic environment. These changes could impact decision-making for investors and property developers when appraising future property values or planning real estate projects. Insurance agents may also find these tax fluctuations significant when assessing risk and setting premiums for new residents or businesses.
Average Total Tax Liability Per Tax Return in Treasure County, MT Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Treasure County, Montana has shown some fluctuations but generally hovers around the $6,000.00 range. Notable peaks occurred in 2014 and 2019 with liabilities reaching $6,768.97 and $6,576.00 respectively. The lowest point was in 2013 with $5,562.07. These figures provide useful insights for potential investors, property builders, real estate agents, and insurance professionals, as they reflect the financial landscape and economic shifts within the county. Understanding these trends can aid in making informed decisions regarding property investments, market assessments, and financial planning.
Cost of Living in Treasure County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,258 | $1,456 | $1,968 | $1,128 | $1,461 |
| 1 adult 4 children | $1,258 | $1,189 | $1,524 | $1,128 | $1,615 |
| 2 adults 3 children | $1,258 | $1,189 | $1,698 | $1,128 | $1,204 |
| 1 adult 3 children | $1,258 | $971 | $1,254 | $1,128 | $1,345 |
| 2 adults 2 children | $929 | $974 | $1,428 | $978 | $974 |
| 1 adult 2 children | $929 | $727 | $984 | $978 | $984 |
| 2 adults 1 child | $929 | $769 | $1,159 | $489 | $878 |
| 1 adult 1 child | $929 | $497 | $714 | $489 | $751 |
| 2 adults | $706 | $618 | $889 | $0 | $684 |
| 1 adult | $670 | $337 | $444 | $0 | $612 |
Demographics
Treasure County, Montana, shows a slight male majority in its adult population, with educational attainment levels reflecting a strong emphasis on high school and some college education. The county has a significant portion of its population in the 55-64 age bracket, which could imply a trend towards an aging community. Racial diversity seems minimal, with an overwhelming majority identifying as White. These trends might indicate the need for policies focusing on senior services and educational... Read more
Race Distribution in Treasure County, Montana (2022)
Educational Attainment in Treasure County, Montana (2022)
Age Distribution in Treasure County, Montana
Citizen Population in Treasure County, Montana (2022)
Political Trends & Data
Treasure County, Montana reflects a strong Republican preference, with the 2020 U.S. Presidential Election showing approximately 81% of votes in favor of the GOP. Democrats lagged at about 17%, while Libertarians managed close to 2%. This trend might highlight a deep-seated conservative inclination with limited room for third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Treasure County, Montana, the 2020 U.S. Presidential Election saw a dominant leaning towards the Republican party, which garnered approximately 81% of the votes. Democrats trailed significantly, capturing around 17%, with Libertarians making up close to 2%. The data could suggest a strong Republican preference among voters, with minimal support for third-party candidates.
81.09% of voters voted for the Republican party in the 2020 Presidential Election
16.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.96% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Treasure County, Montana's student-to-teacher ratio has significantly consistently stayed well below the national average of 14 students per teacher, ranging between 4 and 7 over the past decade. This suggests more personalized attention for students, making it an appealing factor for parents considering moving here. For investors and developers, it indicates strong support for local education, potentially increasing the area's attractiveness. Appraisers and real estate agents should highlight... Read more
Student-to-teacher ratio in Treasure County, Montana over the last 10 years
Over the past decade, Treasure County, Montana's student-to-teacher ratio has consistently trended significantly below the national average of 14 students per teacher, with values fluctuating between 4 and 7 students per teacher. Such low ratios suggest smaller class sizes, which could be seen as beneficial for parents considering a move due to more personalized attention for students. For potential investors or those looking to build property, these numbers might imply robust support for local education systems and could potentially increase the area's appeal. Appraisers and real estate agents might note the desirability of this feature when determining property values or marketing homes. Low student-to-teacher ratios can also affect insurance agents’ risk assessments, as smaller class sizes are frequently associated with lower risk environments for students.
