Adams County Real Estate and Livability Trends
Adams County, North Dakota, presents a mix of intriguing real estate trends and economic indicators. Average taxable income per tax return has rebounded from $49,224.55 in 2016 to $62,214.58 by 2021, which may imply growing economic stability. Despite a decline in median home values from $126,100 in 2015 to $95,600 by 2020, real estate taxes have trended upwards, possibly reflecting incremental... Read more
Adams County Market Trends
Adams County, North Dakota, shows intriguing volatility in median home values, dropping from $126,100 in 2015 to $95,600 by 2020, unlike the steady rises seen statewide and nationally. Despite fluctuations, average real estate taxes trend upwards, with notable peaks suggesting possible property value increases. Farm return percentages have remained relatively stable with slight improvements,... Read more
Median Value of Occupied Housing Units in Adams County, North Dakota Over the Last 8 Years
Adams County, North Dakota has seen notable fluctuations in median home values over the past eight years, making it a potentially volatile but intriguing market for investors and homeowners alike. In 2015, the median home value was $126,100 but dropped significantly to $95,600 by 2020. Comparatively, median home values in North Dakota and nationwide consistently rose, with the state peaking at $232,500 in 2022 and the national median hitting $179,400. These discrepancies could signal unique local economic factors at play in Adams County worth further investigation for informed decision-making on real estate investments and property development.
Average Real Estate Taxes Per Tax Return in Adams County, ND Over the Last 6 Years
Adams County, North Dakota, has seen some fluctuations in average real estate taxes per tax return over the past six years, ranging from $1,454.55 in 2013 to a peak of $2,075.00 in 2016. Despite the variation, the trend has generally moved upwards, with notable dips. This potential rise might signal an increased property value which could benefit investors and real estate agents. For those moving in or appraising property, understanding these fluctuations can offer insights into future tax liabilities. It's essential for insurance agents and builders to monitor these trends as they may influence overall housing costs and market conditions.
Percentage of Farm Returns in Adams County, ND Over the Last 10 Years
Over the past decade, the percentage of farm returns in Adams County, North Dakota, has seen some fluctuations, ranging from a low of 18.86% in 2012 to a peak of around 21.70% in 2017 and 2018. This trend could indicate a moderately stable agricultural economy with slight improvements and setbacks. Farm tax returns are typically filed by individuals who receive income from agricultural activities, making this data crucial for understanding the local farming community's economic health. These fluctuations might suggest varying levels of profitability and agricultural productivity, which could directly impact local investment decisions, property development considerations, and overall economic stability.
Number of Mortgages by Occupancy Type in Adams County, ND Over the Last 5 Years in Adams County
In Adams County, North Dakota, over the last five years, there are notable fluctuations in mortgage activity by occupancy type. Principal residence mortgages exhibit a peak in 2021 with 76 and a low in 2022 with 42, suggesting varying demand for homes as primary dwellings. Investment property mortgages, while generally low, tripled from 2019 to 2022, indicating a rising interest in property investments. These shifts in occupancy type can be crucial for investors, real estate professionals, and appraisers, offering insights into market dynamics, influencing property valuations, insurance premiums, and guiding future development. Understanding these trends may better position stakeholders to capitalize on evolving housing demands.
Economic Outlook
Adams County, North Dakota has shown a rebound in average taxable income per tax return from $49,224.55 in 2016 to $62,214.58 by 2021, suggesting potential economic stability and increasing property values. Peaks in state and local income taxes in 2012 and 2017, alongside a noticeable drop in 2014, suggest fluctuating economic conditions or policy shifts, critical for investors and agents to consider. The total tax liability per tax return varies, with peaks in 2015, 2017, and 2021 possibly... Read more
Average Taxable Income per Tax Return in Adams County, ND over the last 9 years
Adams County, North Dakota has seen some fluctuation in average taxable income per tax return over the past nine years. After a drop in 2016 to $49,224.55, there was a notable rebound, reaching $62,214.58 by 2021. This upward trend may indicate a growing economic stability and potentially increasing property values. For investors, real estate agents, and those considering moving to the area, these figures might suggest a positive outlook on both economic conditions and potential for returns on investment.
Average State and Local Income Taxes Per Tax Return in Adams County, ND Over the Last 6 Years
Adams County, North Dakota has experienced fluctuations in state and local income taxes per tax return over the past six years, with notable peaks in 2012 at $2988.89 and 2017 at $3800.00. This variability, including a drop to $2214.29 in 2014, suggests an economic environment worth examining for potential investors and real estate agents. These trends might reflect broader economic changes or local policy adjustments and are crucial for those considering long-term financial commitments or appraising property in the region.
Average Total Tax Liability Per Tax Return in Adams County, ND Over the Last 10 Years
Over the past decade, Adams County, North Dakota, has seen notable fluctuations in average total tax liability per tax return, ranging from $7,638.89 to $9,682.89. Peaks in 2015, 2017, and 2021 indicate periods of higher economic activity or adjustments in tax laws. The variance suggests that potential investors and residents should be aware of possible economic shifts, while real estate agents and appraisers might need to account for these changes when projecting property values or tax burdens. Notably, the dips in 2016 and 2019 highlight years where the tax burden was relatively lower, hinting at either successful tax deductions or reduced taxable income during those periods.
Cost of Living in Adams County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,488 | $1,754 | $811 | $856 |
| 1 adult 4 children | $1,174 | $1,215 | $1,340 | $811 | $1,006 |
| 2 adults 3 children | $1,174 | $1,216 | $1,523 | $811 | $671 |
| 1 adult 3 children | $1,174 | $992 | $1,109 | $811 | $740 |
| 2 adults 2 children | $826 | $995 | $1,291 | $740 | $570 |
| 2 adults 1 child | $826 | $786 | $1,059 | $508 | $611 |
| 1 adult 2 children | $826 | $743 | $877 | $740 | $529 |
| 1 adult 1 child | $826 | $508 | $645 | $508 | $512 |
| 2 adults | $643 | $632 | $828 | $0 | $543 |
| 1 adult | $639 | $345 | $414 | $0 | $460 |
Safety trends & Data
Adams County, North Dakota, has experienced fluctuating property crime trends over the past two years. In 2019, there was one reported case each of larceny-theft and stolen property offenses. By 2021, two burglaries were reported, indicating a shift in crime activity. Such variations could be informative for investors, new residents, and professionals involved in property appraisal, insurance, and real estate... Read more
Property Crime Trends in Adams County, ND Over the Last 2 Years
Adams County, North Dakota has seen fluctuations in property crime trends over the past two years. In 2019, the county recorded only a single instance of both larceny-theft and stolen property offenses. By 2021, however, there was a notable increase with two burglaries reported. Such shifts suggest varying levels of property crime activity, which could be of interest to potential investors, new residents, and professionals involved in property appraisal, insurance, and real estate.
Demographics
Adams County, North Dakota shows a relatively balanced gender distribution in its adult population. The majority of the population has at least a high school diploma, with a considerable number possessing some college education or higher degrees. The county's age distribution suggests a significant portion of the population is middle-aged or older, perhaps hinting at an aging community. Racially, the county is predominantly White, with other racial groups making up a minimal share of the... Read more
Race Distribution in Adams County, North Dakota (2022)
Educational Attainment in Adams County, North Dakota (2022)
Age Distribution in Adams County, North Dakota
Citizen Population in Adams County, North Dakota (2022)
Political Trends & Data
In Adams County, North Dakota, the 2020 Presidential Election results highlighted a notable tilt towards Republican candidates, who secured around 77% of the vote. Democratic candidates managed approximately 20%, with Libertarians receiving about 2%. The lack of votes for Green and other parties underscores the dominance of the two major parties and suggests a deeply rooted political landscape, potentially driving local policy and election... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Adams County, North Dakota, the 2020 U.S. Presidential Election showed a significant leaning towards Republican candidates, who garnered around 77 percent of the vote. In contrast, Democratic candidates captured roughly 20 percent, with Libertarians receiving just about 2 percent. The absence of votes for Green and other parties further emphasizes the dominance of the two major parties, particularly the Republicans, in this region. This data might suggest a deeply entrenched political landscape, potentially shaping local policy and election strategies.
77.30% of voters voted for the Republican party in the 2020 Presidential Election
20.33% of voters voted for the Democrat party in the 2020 Presidential Election
2.36% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, Adams County, North Dakota has seen its student-to-teacher ratio fluctuate, hitting a peak of 13 in 2017 and a low of nine in 2022, which is generally lower than the national average of 14. This trend suggests more individualized attention for students, making the area potentially more appealing to families. Real estate agents and investors might find this data significant as it could affect the region's desirability. Appraisers and insurance agents may also view these... Read more
Student-to-teacher ratio in Adams County, North Dakota over the last 10 years
Over the past decade, Adams County, North Dakota has seen fluctuations in its student-to-teacher ratio, peaking at 13 students per teacher in 2017 and hitting a low of nine students per teacher in 2022. For those considering moving to the area, the generally lower ratios compared to the national average of 14 suggest more individualized attention for students, which could be appealing to families. Real estate agents and investors might find this data valuable as it could affect the desirability of the region. Appraisers and insurance agents might also view these trends as indicative of the quality of local education infrastructure.
