Bottineau County Real Estate and Livability Trends
In Bottineau County, North Dakota, trending home values have surged from $116,800 in 2015 to $188,500 in 2022, showcasing relatively affordable housing compared to national averages despite trailing state figures. This has coincided with rising real estate taxes, escalating from $2,903.03 in 2012 to about $4,450.00 in 2021, reflecting increasing property values. Investor interest has shifted... Read more
Bottineau County Market Trends
Bottineau County, North Dakota has seen a steady home value increase, growing from $116,800 in 2015 to $188,500 in 2022; despite trailing behind the state average, it offers relatively affordable housing compared to broader national trends. The average Residential Energy Tax Credit has also shown variability but generally increased, indicating enhanced incentives for energy-efficient upgrades.... Read more
Median Value of Occupied Housing Units in Bottineau County, North Dakota Over the Last 8 Years
Over the last eight years, Bottineau County, North Dakota has seen a steady rise in median home values, climbing from $116,800 in 2015 to $188,500 in 2022. This increase is quite significant when compared to the national trend, where median home values grew from $125,500 to $179,400 during the same period. However, within North Dakota, Bottineau County's growth lags behind the state average, which surged from $153,800 in 2015 to $232,500 in 2022. This could suggest relatively more affordable housing options in Bottineau County, potentially making it attractive for investors or new residents looking for cost-effective property in a rising market.
Residential Energy Tax Credit Per Tax Return in Bottineau County, ND Over the Last 5 Years
Over the last five years, the average Residential Energy Tax Credit per tax return in Bottineau County, North Dakota has seen notable fluctuations. Starting at $185.71 in 2013, there was a significant spike to $460.00 in 2014. This was followed by a drop to $225.00 in 2015 and a slight increase to $233.33 in 2016. By 2021, the average tax credit rose again to $350.00 per return. This trend suggests variable yet generally increasing incentives for energy-efficient investments in the area, which might be appealing for property developers and current homeowners considering eco-friendly upgrades.
Average Real Estate Taxes Per Tax Return in Bottineau County, ND Over the Last 10 Years
Over the last decade, Bottineau County, North Dakota has seen a notable increase in average real estate taxes per tax return, escalating from approximately $2,903.03 in 2012 to around $4,450.00 in 2021. This trend suggests a growing demand and perhaps a rise in property values within the county, making it key for potential investors and property developers to consider. For real estate agents and appraisers, this upward trajectory in taxes could be indicative of a robust property market, potentially offering lucrative opportunities. Insurance agents might also find this information vital for adjusting property insurance premiums accordingly.
Percentage of Farm Returns in Bottineau County, ND Over the Last 10 Years
Farm tax returns in Bottineau County, North Dakota over the last decade have hovered around 18.3% to 19.6%. These percentages reflect the proportion of farm-related income reported on tax returns, showcasing a relatively stable pattern with slight fluctuations. This steadiness suggests that agriculture remains a consistent economic driver for the county, making it an attractive consideration for those looking to invest in rural property or agriculture-based enterprises.
Number of Mortgages by Occupancy Type in Bottineau County, ND Over the Last 5 Years in Bottineau County
Bottineau County, North Dakota, has seen fluctuations in mortgage originations, especially for principal residences, which peaked in 2020 but have since declined. There's a notable uptick in investment property loans, showing increased interest in rental or speculative real estate, albeit from a very low base. A slight rise in second residence mortgages indicates some interest in vacation or secondary homes. For investors, these trends suggest a dynamic market with shifting priorities potentially influenced by economic conditions or lifestyle changes. Real estate agents and builders might gauge this as a signal to emphasize residential projects, while appraisers and insurance agents consider the varied risk profiles these types present.
Economic Outlook
In Bottineau County, North Dakota, the average taxable income per tax return has seen ups and downs in the past nine years, peaking at around $78,519.80 in 2021 after a dip to $61,570.25 in 2016. Local tax rates have also varied, with 2015 seeing the highest average state and local income taxes at $6,636.67, contrasting with a low of $3,459.09 in 2017. Furthermore, average total tax liabilities have fluctuated, with peaks and dips that suggest economic and policy shifts, hitting as high as... Read more
Average Taxable Income per Tax Return in Bottineau County, ND over the last 9 years
Bottineau County, North Dakota has shown fluctuating average taxable incomes per tax return over the past nine years, starting at $71,602.10 in 2013 and peaking at approximately $78,519.80 by 2021. Notably, there was a dip to around $61,570.25 in 2016, but an upward trend resumed with the income reaching higher levels by 2021. This variability could indicate economic activities influencing resident incomes, making it an intriguing prospect for investors, real estate agents, and potential homeowners.
Average State and Local Income Taxes Per Tax Return in Bottineau County, ND Over the Last 10 Years
In Bottineau County, North Dakota, tax rates have fluctuated significantly over the last decade, with the highest average state and local income taxes per tax return recorded in 2015 at approximately $6,636.67. The lowest point was in 2017, with an average of $3,459.09. The data isn't just numbers; it suggests shifts in the economic landscape and local policies that could impact everything from real estate investments to the cost of living. For investors, new residents, and professionals tied to property values, understanding these trends is crucial for making informed decisions.
Average Total Tax Liability Per Tax Return in Bottineau County, ND Over the Last 10 Years
Bottineau County, North Dakota has seen a fluctuating trend in average total tax liability per tax return over the past decade, with notable peaks in 2012 ($13,940.44) and a significant dip in 2017 ($10,698.80). The highest tax liability was recorded in 2014 at $14,002.89, but it dropped sharply by 2016 to $11,058.96, indicating potential economic shifts during those years. Recent years, like 2021, show a recovery with an average tax liability of $12,663.20. These trends may interest potential investors, real estate agents, and property developers by highlighting economic volatility and possible resurgence in the local economy.
Cost of Living in Bottineau County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,456 | $1,754 | $925 | $806 |
| 1 adult 4 children | $1,005 | $1,189 | $1,340 | $925 | $941 |
| 2 adults 3 children | $1,005 | $1,189 | $1,523 | $925 | $627 |
| 1 adult 3 children | $1,005 | $971 | $1,109 | $925 | $679 |
| 2 adults 2 children | $826 | $974 | $1,291 | $843 | $582 |
| 1 adult 2 children | $826 | $727 | $877 | $843 | $547 |
| 2 adults 1 child | $826 | $769 | $1,059 | $577 | $617 |
| 1 adult 1 child | $826 | $497 | $645 | $577 | $520 |
| 2 adults | $628 | $618 | $828 | $0 | $532 |
| 1 adult | $623 | $337 | $414 | $0 | $450 |
Safety trends & Data
Bottineau County, North Dakota, has seen property crime rates fluctuate over the past five years, with larceny-theft peaking in 2018 at 12 incidents but dropping to just 3 incidents in 2022. Burglary rates have remained steady, while arson incidents appeared only in 2021 and 2022 with one incident each year. This downward trend in property crime could pique the interest of investors, developers, and real estate agents, suggesting the county is becoming a safer place for new developments and... Read more
Property Crime Trends in Bottineau County, ND Over the Last 5 Years
Over the past five years, Bottineau County, North Dakota, has experienced a notable fluctuation in property crime rates. Larceny-theft has been consistently the most prevalent type of property crime, peaking in 2018 with 12 reported incidents but then gradually declining to just 3 incidents in 2022. Burglary incidents have remained relatively stable. Interestingly, arson appeared only in 2021 and 2022 with one incident each year. These trends could be of interest to potential investors, property developers, and real estate agents as they highlight an overall downtrend in property crime, suggesting an increasingly safer environment.
Demographics
Bottineau County, North Dakota's adult population slightly favors males, with 2,521 compared to 2,358 females, suggesting a relatively balanced gender ratio. A significant portion of the population, 1,363 people, are high school graduates, and many have pursued higher education, with 881 holding bachelor's degrees. The age distribution indicates a sizable presence of older adults, particularly those aged 55 to 74 years, potentially impacting local healthcare and social services. The county is... Read more
Race Distribution in Bottineau County, North Dakota (2022)
Educational Attainment in Bottineau County, North Dakota (2022)
Age Distribution in Bottineau County, North Dakota
Citizen Population in Bottineau County, North Dakota (2022)
Political Trends & Data
Bottineau County, North Dakota, showed a noticeable Republican inclination in the recent US presidential election, with about 74% of the votes going to the GOP. The Democratic party received roughly 24%, and the Libertarian party managed nearly 2%, with minimal backing for other parties. This political landscape points to a heavily Republican-leaning county, with limited impact from third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bottineau County in North Dakota displayed a significant lean towards the Republican party, capturing approximately 74% of the votes. The Democratic party garnered around 24%, while the Libertarian party received close to 2%, with negligible support for other parties. This trend suggests strong Republican dominance, with minor influence from third parties.
74.19% of voters voted for the Republican party in the 2020 Presidential Election
23.65% of voters voted for the Democrat party in the 2020 Presidential Election
1.87% of voters voted for the Livertarian party in the 2020 Presidential Election
0.29% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Bottineau County, North Dakota, has consistently hovered between 8 and 8.5, well below the national average of 14. This likely indicates smaller class sizes and more individualized attention for students, which could be a draw for investors, real estate agents, and potential relocators. A strong educational environment often boosts property values and community growth, making this trend particularly... Read more
Student-to-teacher ratio in Bottineau County, North Dakota over the last 10 years
The student-to-teacher ratio in Bottineau County, North Dakota, has consistently been lower than the national average of fourteen students per teacher over the last decade, ranging from just under eight to around eight and a half. This relatively low ratio might suggest smaller class sizes, potentially allowing for more individualized attention and support for students. Investors, movers, appraisers, insurance agents, builders, and real estate agents might find this trend appealing as it can indirectly indicate a strong, supportive educational environment that could enhance property values and community growth. For potential relocators or those already living in the area, a lower student-to-teacher ratio could be a crucial factor in educational quality and overall family satisfaction.
