Cass County Real Estate and Livability Trends
Cass County, North Dakota, has seen a notable rise in median home values, from $172,100 in 2015 to $270,300 in 2022, hinting at a robust real estate market likely fueled by local economic growth. The climb in average taxable income per tax return, peaking at $113,076.14 in 2021, and the significant increase in state and local taxes to $19,801.49 the same year, suggest an expanding economy and... Read more
Cass County Market Trends
In Cass County, North Dakota, median home values surged from $172,100 in 2015 to $270,300 in 2022, outpacing both state and national growth rates and signaling a robust market likely driven by local economic factors. Residential energy tax credits experienced marked fluctuations, peaking at $880.00 in 2018 before stabilizing near $518.07 in 2021, which might reflect variations in energy policies... Read more
Median Value of Occupied Housing Units in Cass County, North Dakota Over the Last 8 Years
The median home values in Cass County, North Dakota have shown a steady upward trajectory over the past eight years, culminating in a significant jump from $172,100 in 2015 to $270,300 in 2022. This rate of increase outpaces the state of North Dakota as a whole, where median values rose from $153,800 in 2015 to $232,500 in 2022. On a national scale, the growth in home values within Cass County is even more pronounced, with U.S. median values increasing from $125,500 to $179,400 over the same period. These trends suggest a robust market in Cass County, potentially driven by local economic factors, making it an attractive area for investors and those looking to settle in North Dakota.
Residential Energy Tax Credit Per Tax Return in Cass County, ND Over the Last 9 Years
Residential energy tax credits in Cass County, North Dakota, have exhibited notable fluctuations over the past nine years. Starting around $313.42 in 2013 and peaking sharply at $880.00 in 2018, the average credit then somewhat stabilized, landing at $518.07 in 2021. This variation might reflect shifting energy policies, economic conditions, or changes in residential energy investments, which could be significant for potential investors, homeowners, and appraisers. The 2018 spike could suggest a heightened focus on energy efficiency or substantial qualifying projects completed that year.
Average Real Estate Taxes Per Tax Return in Cass County, ND Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Cass County, North Dakota have shown a significant upward trend. Starting at $4,255.06 in 2012, there was a dip in the following years before a notable and consistent increase from 2017 onward, reaching $7,968.19 in 2021. This suggests a growing tax burden on property owners, potentially due to rising property values or increased municipal spending, marking critical considerations for investors, potential residents, and real estate professionals.
Percentage of Farm Returns in Cass County, ND Over the Last 10 Years
Farm tax returns in Cass County, North Dakota, have shown a gradual decline over the past decade. Starting at approximately 1.73% in 2012, the percentage has edged down each year, reaching about 1.42% by 2021. This trend might suggest a shifting economic landscape or changing demographics within the farming community, impacting decisions related to agriculture and land use. For investors or those considering property development in Cass County, such data hints at potential shifts in the types of businesses and infrastructures that could succeed in the area.
Number of Mortgages by Occupancy Type in Cass County, ND Over the Last 5 Years in Cass County
Cass County, North Dakota's mortgage trends show a significant bias towards principal residences, dominating with thousands more per year compared to other occupancy types. Investment property and second residence mortgages lag noticeably, but notable fluctuations highlight trends worth watching. For investors, lower investment property activity might suggest fewer competition opportunities or untapped potential. For real estate agents and appraisers, understanding these shifts can better inform market dynamics and pricing strategies. Insurance agents could also benefit by aligning premium models with these occupancy trends.
Economic Outlook
Cass County, North Dakota, has experienced a steady climb in average taxable income per tax return, peaking at $113,076.14 in 2021. This suggests an expanding economy that might attract investors and developers. Average state and local income taxes have seen a dramatic rise, jumping to $19,801.49 in 2021 from $4,558.72 in 2012, reflecting possible shifts in fiscal policies and local economic conditions. Average total tax liability also trended upwards, reaching $20,644.49 in 2021, with notable... Read more
Average Taxable Income per Tax Return in Cass County, ND over the last 9 years
Cass County, North Dakota has seen a steady climb in average taxable income per tax return over the last nine years, with a notable spike in 2021 reaching $113,076.14. This trend could be indicative of an expanding economy, making it an attractive locale for investors, developers, and those considering relocation. The significant jumps in recent years may suggest rising property values, influencing real estate appraisals and insurance premiums. For real estate agents, understanding these income patterns can aid in market assessment and client advising. The economic growth suggested by higher incomes points to potentially increasing demand for housing and commercial properties.
Average State and Local Income Taxes Per Tax Return in Cass County, ND Over the Last 10 Years
Cass County, North Dakota has seen its average state and local income taxes per tax return fluctuate significantly over the past decade, rising sharply from $4,558.72 in 2012 to $19,801.49 in 2021. This trend likely reflects broader economic cycles, shifts in local fiscal policies, and demographic changes within the county. Understanding these fluctuations provides valuable insights for potential investors, real estate planners, and those considering moving to or insuring property in the area. Such volatility may suggest changing economic conditions or evolving tax structures, both of which are crucial for financial planning and assessment.
Average Total Tax Liability Per Tax Return in Cass County, ND Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Cass County, North Dakota, has generally trended upwards, presenting potential cost implications for those considering relocation or investment. Significant milestones include a noticeable jump to $15,287.85 in 2020 and an even more striking increase to $20,644.49 in 2021. A dip was observed in 2018 with a liability of $12,515.08, hinting at temporary economic factors or policy changes. Investors, property developers, and financial planners could find this data critical when assessing economic stability and tax pressures within the region.
Cost of Living in Cass County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,285 | $1,544 | $1,523 | $1,303 | $820 |
1 adult 4 children | $1,285 | $1,261 | $1,170 | $1,303 | $966 |
2 adults 3 children | $1,285 | $1,262 | $1,319 | $1,303 | $648 |
1 adult 3 children | $1,285 | $1,030 | $966 | $1,303 | $728 |
2 adults 2 children | $904 | $1,033 | $1,114 | $1,197 | $549 |
1 adult 2 children | $904 | $771 | $761 | $1,197 | $516 |
2 adults 1 child | $904 | $816 | $910 | $852 | $580 |
1 adult 1 child | $904 | $527 | $557 | $852 | $497 |
2 adults | $743 | $656 | $706 | $0 | $468 |
1 adult | $629 | $358 | $353 | $0 | $394 |
Safety trends & Data
In Cass County, North Dakota, property crime trends over the past five years show larceny-theft as the most common issue, peaking at 849.0 incidents in 2019 before seeing a decline. Burglary and vandalism have experienced irregular increases, with burglary hitting a high of 149.0 cases in 2021, while arson, though less frequent, has consistently risen to 16.0 incidents in 2021. These crime patterns could potentially impact decisions for investors, homeowners, and insurance providers by... Read more
Property Crime Trends in Cass County, ND Over the Last 5 Years
Over the last five years, property crime in Cass County, North Dakota shows a fluctuating pattern but with some noticeable trends. Larceny-theft appears to be the most prevalent, peaking at 849.0 reported incidents in 2019 before gradually declining. Burglary and vandalism have seen sporadic increases, with burglary hitting a high of 149.0 cases in 2021. Arson, although less frequent, has shown a consistent uptick, reaching 16.0 incidents in 2021. Embezzlement and forgery/counterfeiting remain relatively low but still present. These trends may influence decisions for potential investors, homeowners, and insurance providers as they reflect varying degrees of financial risk and community safety.
Demographics
Cass County, North Dakota, shows a slightly higher male population compared to female, with educational attainment data indicating a significant portion of adults holding a Bachelor's degree or higher. The age distribution suggests a relatively young demographic, with substantial numbers in the 25 to 34-year age range. The racial composition predominantly features White residents, with smaller representations from Black or African American, Asian, and other racial groups. This blend of... Read more
Race Distribution in Cass County, North Dakota (2022)
Educational Attainment in Cass County, North Dakota (2022)
Age Distribution in Cass County, North Dakota
Citizen Population in Cass County, North Dakota (2022)
Political Trends & Data
In Cass County, North Dakota, the 2020 U.S. Presidential Election results pointed to a competitive landscape with Republicans slightly leading at approximately 49.5% of the votes, compared to Democrats' 46.8%. Libertarians managed to pull in nearly 3% of the vote. The narrow margin between the major parties suggests Cass County might be more politically balanced, underscoring its potential as a competitive battleground within a predominantly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cass County, North Dakota, the 2020 U.S. Presidential Election results suggest a tight race between the Republican and Democrat parties, with Republicans slightly ahead at roughly 49.5% compared to Democrats at around 46.8%. Libertarians captured modest interest, securing nearly 3% of the vote, while other parties barely registered. This closely contested outcome highlights Cass County as potentially more competitive than other areas in the state.
49.53% of voters voted for the Republican party in the 2020 Presidential Election
46.84% of voters voted for the Democrat party in the 2020 Presidential Election
2.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.73% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Cass County, North Dakota, the student-to-teacher ratio has hovered around 12 to 13 students per teacher over the past decade, consistently remaining below the national average of 14. This lower ratio might indicate a more personalized and engaging educational environment, which could be a selling point for families prioritizing education. Appraisers and insurance agents may view this as a sign of a community with strong infrastructure, possibly making it more attractive to potential home... Read more
Student-to-teacher ratio in Cass County, North Dakota over the last 10 years
The student-to-teacher ratio in Cass County, North Dakota, has shown a relatively stable trend over the past decade, hovering around 12 to 13 students per teacher. While this consistently remains below the national average of 14 students per teacher, it's an important factor for potential investors, new residents, and real estate agents to consider. Lower student-to-teacher ratios are often indicative of a more personalized and engaging educational environment, which can be a significant selling point for families prioritizing education. Additionally, appraisers and insurance agents may see value in this statistic as it points to a possibly stronger, more attractive community infrastructure for potential home buyers. For developers and those looking to build property in the area, this trend may hint at a stable demand for family-friendly housing and community resources.