Dunn County Real Estate and Livability Trends
Dunn County, North Dakota has experienced notable swings in average taxable income, peaking at $115,620.35 in 2014 and dipping to $68,929.59 in 2016 before recovering to $112,428.42 in 2021. Real estate market trends reflect this volatility with median home values jumping from $146,400 in 2015 to $251,700 in 2022. This sharp increase in property values, coupled with rising real estate... Read more
Dunn County Market Trends
In Dunn County, North Dakota, median home values have soared from $146,400 in 2015 to $251,700 in 2022, outpacing both state and national growth rates. Real estate taxes have also risen significantly, from $1,240.00 in 2012 to $3,183.33 by 2021, signaling increased property values and potentially higher costs for residents. Mortgage trends indicate a rise in principal residences, particularly in... Read more
Median Value of Occupied Housing Units in Dunn County, North Dakota Over the Last 8 Years
Dunn County, North Dakota has seen a steady increase in median home values over the past eight years, jumping from $146,400 in 2015 to $251,700 in 2022. This trend outpaces both the state and national averages, where North Dakota's median values grew from $153,800 to $232,500, and the U.S. figures climbed from $125,500 to $179,400 over the same period. These figures suggest that investing in or moving to Dunn County might offer stronger appreciation potential relative to broader market trends.
Residential Energy Tax Credit Per Tax Return in Dunn County, ND Over the Last 4 Years
In Dunn County, North Dakota, residential energy tax credits per tax return have fluctuated over the past four years, peaking at $425.00 in 2013 before dropping to $233.33 in 2014. The average then saw a modest increase, reaching $250.00 in 2015 and $333.33 in 2016. This suggests that incentives for energy-efficient home improvements have varied, potentially impacting decisions for property investments and real estate developments. These trends could be valuable for insurance agents assessing property values, real estate agents advising clients, and investors considering energy-efficient projects.
Average Real Estate Taxes Per Tax Return in Dunn County, ND Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Dunn County, North Dakota, have shown a noticeable upward trend. Starting from $1,240.00 in 2012, there was a significant climb to $3,183.33 by 2021. This increment might interest potential investors, real estate agents, or those looking to relocate, as it reflects changing economic conditions and possibly rising property values in the area. For insurance agents and property appraisers, this data suggests a potential increase in property-related costs, which may impact premiums and valuations respectively.
Percentage of Farm Returns in Dunn County, ND Over the Last 10 Years
Farm tax returns in Dunn County, North Dakota have generally fluctuated between 26.55% and 30.20% over the last decade. This indicates a relatively stable commitment to agriculture with minor annual variations, suggesting investors and new residents can rely on a consistent agricultural economy. For those interested in building or investing in property, the steady nature of these figures may point to a resilient local market, resistant to large economic swings.
Number of Mortgages by Occupancy Type in Dunn County, ND Over the Last 5 Years in Dunn County
In Dunn County, North Dakota, the number of mortgages for Principal Residences shows a noticeable trend with significant peaks in 2020 and 2021, indicating potential growth in families or individuals looking to settle in the area. Mortgage counts for Investment Properties have seen slight decreases, which might suggest changing investor confidence or shifting market dynamics. Mortgages for Second Residences remain consistently low, which could imply either limited demand for vacation homes or that the market primarily caters to primary housing. These trends are crucial for investors, real estate agents, and others as they provide insights into local market demands, informing decisions on property investments, pricing, and development opportunities.
Economic Outlook
Dunn County, North Dakota has seen significant fluctuations in average taxable income per tax return, peaking at $115,620.35 in 2014 before plunging to $68,929.59 in 2016 and rebounding to $112,428.42 in 2021. This rollercoaster of income levels, along with the volatile state and local income taxes—which peaked at $17,360.00 in 2019 after starting from $9,196.43 in 2012—could have far-reaching implications for property valuations, investment decisions, and financial planning. Additionally,... Read more
Average Taxable Income per Tax Return in Dunn County, ND over the last 9 years
Dunn County, North Dakota has experienced notable fluctuations in average taxable income per tax return over the past nine years. After peaking at $115,620.35 in 2014, there was a significant drop to $68,929.59 in 2016, likely reflecting economic volatility in the region. However, recent years show a rebound with average incomes bouncing back to $112,428.42 in 2021. These variations could influence investment decisions, property valuations, and insurance assessments, as they hint at underlying economic shifts. Real estate agents and potential residents might find these trends valuable for understanding market dynamics in Dunn County.
Average State and Local Income Taxes Per Tax Return in Dunn County, ND Over the Last 10 Years
Dunn County, North Dakota has experienced notable fluctuations in average state and local income taxes per tax return over the past decade. Starting at $9,196.43 in 2012, the figure peaked sharply at $17,360.00 in 2019, before settling at $10,687.50 in 2021. This volatility in tax amounts can impact financial planning for prospective investors, residents, and real estate professionals. Understanding these trends is critical for adapting to financial strategies and assessing the long-term viability of economic commitments in Dunn County.
Average Total Tax Liability Per Tax Return in Dunn County, ND Over the Last 10 Years
Over the past decade, Dunn County, North Dakota has experienced significant fluctuations in average total tax liability per tax return. High points like $28,219.07 in 2014 and $29,643.03 in 2019 contrast sharply with the low of $13,097.45 in 2016. This volatility might suggest economic disturbances impacting the area, which could be critical for potential investors and real estate stakeholders to consider. Insurance agents and appraisers should also note these changes for risk assessment and valuation purposes.
Cost of Living in Dunn County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,429 | $1,488 | $1,754 | $1,118 | $1,059 |
| 1 adult 4 children | $1,429 | $1,215 | $1,340 | $1,118 | $1,264 |
| 2 adults 3 children | $1,429 | $1,216 | $1,523 | $1,118 | $859 |
| 1 adult 3 children | $1,429 | $992 | $1,109 | $1,118 | $1,025 |
| 2 adults 2 children | $1,174 | $995 | $1,291 | $1,018 | $751 |
| 1 adult 2 children | $1,174 | $743 | $877 | $1,018 | $761 |
| 2 adults 1 child | $1,174 | $786 | $1,059 | $695 | $751 |
| 1 adult 1 child | $1,174 | $508 | $645 | $695 | $674 |
| 2 adults | $914 | $632 | $828 | $0 | $622 |
| 1 adult | $908 | $345 | $414 | $0 | $547 |
Safety trends & Data
Property crime in Dunn County, North Dakota, shows some fluctuations over the past five years, but overall activity remains relatively low. Larceny-theft peaked at 7 incidents in 2018 but decreased to just 1 case by 2022. Motor vehicle thefts and fraud cases have been minimal, averaging about one incident per year. Vandalism spiked to five instances in 2019 but has otherwise been low. Sporadic burglary cases increased to four incidents in 2022. This stable crime environment may make Dunn County... Read more
Property Crime Trends in Dunn County, ND Over the Last 5 Years
Property crime trends in Dunn County, North Dakota over the past five years indicate relatively low activity, but some fluctuations are noteworthy. Larceny-theft, while peaking at 7 incidents in 2018, saw a significant decrease, with only 1 reported case by 2022. Motor vehicle thefts and fraud cases have been consistently minimal, generally hovering around one incident per year. Vandalism spiked at five instances in 2019 but otherwise maintained low numbers. Sporadic cases of burglary emerged, notably increasing to four incidents in 2022. For potential investors and real estate stakeholders, the relatively low and stable crime figures suggest a reasonably secure environment, making Dunn County a potentially attractive area for residential and commercial development.
Demographics
Dunn County, North Dakota's demographics paint a picture of a predominantly White population with significant representation of American Indian and Alaska Native individuals. The adult population is relatively balanced between males and females, but leans slightly male. The age distribution suggests a diverse range of age groups, though those under 10 years and in the 25 to 34 years range seem to be in larger numbers. Educational attainment varies, with a heavy emphasis on high school graduates... Read more
Race Distribution in Dunn County, North Dakota (2022)
Educational Attainment in Dunn County, North Dakota (2022)
Age Distribution in Dunn County, North Dakota
Citizen Population in Dunn County, North Dakota (2022)
Political Trends & Data
In Dunn County, North Dakota, the 2020 U.S. presidential election results indicate a strong Republican preference, with over 83% voting Republican and around 15% siding with Democrats. The limited support for Libertarians and other parties hints at a predominantly two-party system, heavily inclined towards the Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Dunn County, North Dakota, the 2020 U.S. presidential election results suggest a strong Republican leaning, with over 83% of the vote, while Democrats garnered just around 15%. Libertarians and other parties received minimal support, indicating a predominantly two-party preference, heavily skewed towards the Republican side.
83.45% of voters voted for the Republican party in the 2020 Presidential Election
14.63% of voters voted for the Democrat party in the 2020 Presidential Election
1.67% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Other party in the 2020 Presidential Election
School Data
Dunn County, North Dakota, has generally maintained a lower student-to-teacher ratio compared to the national average of 14 students per teacher, suggesting more personalized attention in schools. In 2014, the ratio was 8 students per teacher and dropped to below 7 in 2015, though it has gradually increased to over 10 in 2023. Such educational environment metrics are valuable for families considering relocation, investors eyeing property trends influenced by school quality, and appraisers... Read more
Student-to-teacher ratio in Dunn County, North Dakota over the last 10 years
Dunn County, North Dakota has experienced fluctuations in its student-to-teacher ratios over the past decade, generally maintaining lower figures compared to the national average of 14 students per teacher. In 2014, the ratio was 8 students per teacher, dropping to below 7 in 2015, but has seen a gradual increase in recent years, reaching over 10 in 2023. This lower student-to-teacher ratio could suggest more personalized attention for students, potentially improving educational outcomes and could be an appealing factor for families considering a move to the area or for investors interested in property trends influenced by educational quality. For appraisers and real estate agents, these details might help accurately evaluate property values, as quality education is often a significant factor in real estate demand. Insurance agents might also find this data useful when assessing risk and calculating premiums, knowing that strong education systems can contribute to community stability and potential property value appreciation.
