Valley County Real Estate and Livability Trends
Valley County, Montana's average taxable income per tax return surged from $49,400.00 in 2013 to $66,146.50 in 2021, with a notable uptick in recent years, signaling economic growth that might bolster property values. The median home values have fluctuated but hit $183,200 in 2022, diverging from steadier gains seen statewide and nationally, reflecting unique local market dynamics. With education... Read more
Valley County Market Trends
Valley County, Montana has witnessed erratic but noteworthy median home values, peaking at $183,200 in 2022. Interestingly, Montana and national trends have shown a steadier rise, with $305,700 and $179,400 respectively, hinting at unique local market dynamics. Residential energy tax credits per tax return have also fluctuated, with a significant spike to $266.67 in 2017. Real estate taxes more... Read more
Median Value of Occupied Housing Units in Valley County, Montana Over the Last 8 Years
Valley County, Montana has seen fluctuating median home values over the past eight years, peaking at $183,200 in 2022. By contrast, Montana’s state-wide median home values have consistently risen, reaching $305,700 in 2022. Nationally, the median home value also trended upward to $179,400 in 2022. For those considering investing or moving to Valley County, this divergence may signal unique local opportunities or risks compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Valley County, MT Over the Last 8 Years
Valley County, Montana has seen fluctuations in residential energy tax credits per tax return over the last eight years, with averages ranging from $171.43 to $266.67. This inconsistency could suggest varying levels of investment in energy-efficient home improvements or changing policies. Notable is the year 2017, which peaked at $266.67, potentially indicating a higher community focus on energy-efficient upgrades during that period. The stability in 2020 and 2021 at $240.00 might reflect a growing or steady interest in maintaining energy efficiency standards. This data could be useful for real estate agents, investors, and those looking to move to Valley County as it indicates a potential trend towards energy efficiency, possibly impacting property values and insurance considerations.
Average Real Estate Taxes Per Tax Return in Valley County, MT Over the Last 10 Years
Over the past decade, Valley County, Montana has seen a notable increase in real estate taxes per tax return, climbing from $1,534.85 in 2012 to $3,450.00 in 2021. This upward trend, especially sharp after 2015, can influence both property investment decisions and the housing market dynamics. Those in real estate or looking to move to the area might find these increasing costs a significant factor in their planning and decision-making processes.
Percentage of Farm Returns in Valley County, MT Over the Last 10 Years
Valley County, Montana, has seen fluctuating percentages of farm tax returns over the past decade, with rates ranging from 10.71% to 12.94%. The highest percentage observed was in 2015 at approximately 12.94%, while the lowest was in 2020 at around 10.71%. This data potentially suggests varying levels of agricultural activity, economic factors, or policy changes affecting local farmers. For those considering investment or property development in Valley County, understanding these trends could offer insights into the area's agricultural stability and economic health.
Number of Mortgages by Occupancy Type in Valley County, MT Over the Last 5 Years in Valley County
The mortgage data in Valley County, Montana over the past five years indicates a significant focus on principal residences, with a notable peak in 2021. Investment properties and second residences have seen minimal activity in comparison, with only slight variations year-on-year. This trend suggests that most property transactions are driven by long-term residents rather than investors or those looking for vacation homes. Changes in occupancy type can impact the local economy and housing market stability; a higher number of principal residences generally promotes community stability and may influence future development plans, real estate prices, and neighborhood demographics. These dynamics are critical for investors, real estate agents, and anyone considering moving to the area, as they navigate the potential of economic growth and lifestyle benefits.
Economic Outlook
Valley County, Montana has experienced a significant increase in average taxable income per tax return over the past nine years, growing from $49,400.00 in 2013 to $66,146.50 in 2021, with particularly strong growth in the last two years. The average state and local income taxes have also seen a marked rise, jumping from $5,418.67 in 2012 to $9,052.94 in 2021. Coupled with the fluctuating but ultimately high average total tax liability, peaking at $9,905.05 in 2021, these trends could signal a... Read more
Average Taxable Income per Tax Return in Valley County, MT over the last 9 years
The average taxable income per tax return in Valley County, Montana has shown a general upward trend over the past nine years, starting from $49,400.00 in 2013 and reaching $66,146.50 by 2021. Notable fluctuations include dips in 2015 and 2016, but overall, there's been a significant rise, particularly in the last two years. This increasing income could make Valley County an attractive area for potential investors and real estate professionals, suggesting a growing local economy and potentially higher property values.
Average State and Local Income Taxes Per Tax Return in Valley County, MT Over the Last 10 Years
Over the past decade, Valley County, Montana has seen its average state and local income taxes per tax return fluctuate notably. From a low of $5,418.67 in 2012, there was a marked increase reaching $9,052.94 in 2021. This rise could signal economic shifts, upward tax rate adjustments, or higher average incomes. For investors and real estate professionals, understanding these trends may offer insights into the fiscal environment and potential cost implications for residents and property owners. This could also be vital for insurance agents in calculating risk assessments and for those looking to appraise or build property in the area.
Average Total Tax Liability Per Tax Return in Valley County, MT Over the Last 10 Years
Over the past decade, Valley County, Montana has experienced fluctuating average tax liabilities per tax return, with notable spikes and dips. The average peaked significantly at $9,905.05 in 2021, compared to a lower average of $7,322.76 in 2016. This variability might suggest changing economic conditions or shifts in county tax policies, making it crucial information for investors, real estate agents, and anyone considering moving to or doing business in the area.
Cost of Living in Valley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,120 | $1,520 | $1,968 | $1,093 | $1,315 |
| 1 adult 4 children | $1,120 | $1,241 | $1,524 | $1,093 | $1,452 |
| 2 adults 3 children | $1,120 | $1,242 | $1,698 | $1,093 | $1,063 |
| 1 adult 3 children | $1,120 | $1,014 | $1,254 | $1,093 | $1,179 |
| 2 adults 2 children | $826 | $1,017 | $1,428 | $947 | $882 |
| 1 adult 2 children | $826 | $759 | $984 | $947 | $856 |
| 2 adults 1 child | $826 | $803 | $1,159 | $474 | $794 |
| 1 adult 1 child | $826 | $519 | $714 | $474 | $670 |
| 2 adults | $628 | $645 | $889 | $0 | $624 |
| 1 adult | $596 | $352 | $444 | $0 | $563 |
Safety trends & Data
Valley County, Montana has experienced modest fluctuations in property crimes over the past five years. Larceny-theft spiked to 10 reported incidents in 2020 but has since normalized, mirroring the overall low but varied crime activity. Vandalism peaked at 7 incidents in 2018 before tapering off. Incidents of burglary, motor vehicle theft, and fraud have occurred sporadically but remain minimal. These generally low crime rates could reassure potential investors and residents about the area's... Read more
Property Crime Trends in Valley County, MT Over the Last 5 Years
Valley County, Montana has seen modest fluctuations in property crimes over the past five years. Larceny-theft notably spiked to 10 reported incidents in 2020 but has since returned to more typical figures, paralleling the overall low yet varied crime activity. Vandalism incidents peaked at 7 in 2018 before tapering off in subsequent years. Burglary, motor vehicle theft, and fraud have occurred sporadically but remain relatively minimal. These trends suggest a generally low incidence of property crimes, which potential investors and residents might find reassuring for long-term viability and safety.
Demographics
Valley County, Montana, exhibits a nearly equal split between adult males and females, yet the age distribution reveals a predominantly older population, with a noticeable concentration of residents aged 55 and over. Education levels lean significantly towards high school graduates and those with some college experience, suggesting the local economy might not require advanced degrees for most positions. The racial composition is predominantly White, with a small but notable presence of American... Read more
Race Distribution in Valley County, Montana (2022)
Educational Attainment in Valley County, Montana (2022)
Age Distribution in Valley County, Montana
Citizen Population in Valley County, Montana (2022)
Political Trends & Data
Valley County, Montana showed a strong preference for the Republican Party in the 2020 Presidential Election, with the GOP potentially capturing over 73% of the vote. Democrats seemed to have secured around 24%, while other parties like the Libertarians barely reached 2%. This significant lean could indicate a trend toward conservative policies common in rural areas, although local issues may also influence these voting... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Valley County, Montana leaned heavily Republican in the 2020 U.S. Presidential Election, with the party potentially securing over 73% of the vote. Democrats seemed to garner roughly 24%, while Libertarians barely made a dent with about 2%. Green Party and other candidates had practically no presence, underscoring the county's predominantly two-party competition. This may reflect broader rural voting trends favoring conservative policies, although local factors could also play a role.
73.57% of voters voted for the Republican party in the 2020 Presidential Election
24.17% of voters voted for the Democrat party in the 2020 Presidential Election
2.25% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Valley County, Montana has consistently featured student-to-teacher ratios between 6 and 9 students per teacher, well below the national average of 14. This could indicate a higher quality of education, making the area attractive to families and investors focused on education. Real estate agents might find this data useful for marketing, and appraisers and insurance agents may consider it when evaluating property values and assessing... Read more
Student-to-teacher ratio in Valley County, Montana over the last 10 years
Valley County, Montana has consistently maintained student-to-teacher ratios significantly lower than the national average of 14 students per teacher over the past decade. With ratios fluctuating between 6 and 9 students per teacher, the area appears to offer more personalized attention and potentially higher quality education compared to broader national standards. This trend may be particularly intriguing for families prioritizing education, real estate agents marketing to such buyers, or investors eyeing educational infrastructures. Lower ratios might also be a factor that appraisers consider when valuing property in the area, and insurance agents may find this data relevant when assessing risks and premiums.
