Griggs County Real Estate and Livability Trends
Griggs County, North Dakota has seen a shift in taxable income levels, moving from $57,331.62 in 2015 to $71,453.77 in 2021, possibly reflecting economic growth or demographic shifts. With median home values at $119,500 in 2022—well below the state average of $232,500—the area presents a budget-friendly option for buyers. Real estate market conditions may be influenced by fluctuating energy... Read more
Griggs County Market Trends
Griggs County, North Dakota offers a relatively budget-friendly real estate market with median home values reaching $119,500 in 2022, far below the state average of $232,500. Energy tax credits in the county have been unpredictable, possibly reflecting changes in energy efficiency initiatives, while real estate taxes have shown notable volatility, peaking at $3,300 in 2019. This could influence... Read more
Median Value of Occupied Housing Units in Griggs County, North Dakota Over the Last 8 Years
Griggs County, North Dakota has seen a consistent upward trend in median home values over the past eight years, culminating at $119,500 in 2022. When compared to the statewide figures, homes in Griggs County have been significantly more affordable, with North Dakota's median home value hitting $232,500 in 2022. Nationally, the trend echoes this increase, though on a smaller scale, where 2022's median home value rests at $179,400. For investors or potential homeowners, Griggs County could present a more budget-friendly option within North Dakota while still following the overall positive appreciation trend seen across the state and country.
Residential Energy Tax Credit Per Tax Return in Griggs County, ND Over the Last 3 Years
Griggs County, North Dakota has seen significant fluctuations in the average residential energy tax credit per tax return over the last three years. In 2013, this value was around $200.00, dropping to approximately $150.00 in 2014, but it jumped to $250.00 in 2015. This volatility may indicate changing energy efficiency investments or alterations in tax credit regulations, providing essential insights for potential investors, homeowners, and real estate professionals looking to understand the economic incentives in the region.
Average Real Estate Taxes Per Tax Return in Griggs County, ND Over the Last 7 Years
Over the past seven years, Griggs County, North Dakota has experienced significant fluctuations in real estate taxes per tax return, with values swinging between $1,950.00 and $3,300.00. The substantial increase in 2019, peaking at $3,300.00, indicates a surge that might impact property valuations and housing investments. This trend could be of interest to potential investors, real estate agents, and appraisers who are keeping an eye on property taxes as an influential factor in the overall cost of property ownership in the county.
Percentage of Farm Returns in Griggs County, ND Over the Last 10 Years
Over the past decade, the percentage of farm tax returns filed in Griggs County, North Dakota has remained relatively stable, fluctuating between approximately 23.14% and 25.69%. Farm tax returns essentially represent the portion of tax filings that come from agricultural operations, which can indicate the economic reliance on farming in the region. This consistency in the percentage suggests a steady agricultural presence and potentially robust support for farming industries. For investors, developers, and new residents, these trends may imply a stable agricultural economy, which can influence land use decisions, property values, and local economic policies.
Number of Mortgages by Occupancy Type in Griggs County, ND Over the Last 5 Years in Griggs County
Griggs County, North Dakota, has seen variances in mortgage counts across different occupancy types over the last five years, with a notable predominance of principal residences. While investment property mortgages have shown sporadic activity, peaking at 6 in both 2018 and 2019 but dwindling to just 1 in 2022, principal residence mortgages saw a spike in 2021 with 58, followed by a drop to 36 in 2022. Second residence mortgages have remained minimal throughout, with slight fluctuations. These shifts in occupancy types could suggest changes in economic conditions or shifts in housing preferences, impacting potential market stability and attractiveness for investors, homeowners, and professionals engaged in real estate and insurance sectors.
Economic Outlook
Griggs County, North Dakota's average taxable income per tax return has shown notable increases, climbing from $57,331.62 in 2015 to $71,453.77 in 2021. Between 2019 and 2021, taxable incomes rose significantly, hinting at possible economic growth or demographic shifts that might be attracting new residents. Meanwhile, a declining trend in average state and local income taxes per return from $3,755.56 in 2012 to $2,416.67 in 2017 might indicate favorable conditions for potential investors and... Read more
Average Taxable Income per Tax Return in Griggs County, ND over the last 9 years
Over the past nine years, Griggs County, North Dakota has seen fluctuations in average taxable income per tax return, ranging from $57,331.62 in 2015 to $71,453.77 in 2021. Notably, there was a marked increase between 2019 and 2021, potentially indicating economic growth or demographic shifts. For those interested in the local real estate market, this trend may suggest a rising income base, making it potentially attractive for investments and developments. Appraisers and insurance agents might find these details useful for adjusting valuations and policy terms in the region.
Average State and Local Income Taxes Per Tax Return in Griggs County, ND Over the Last 6 Years
Examining Griggs County, North Dakota from 2012 to 2017, one might notice a declining trend in average state and local income taxes per tax return, starting at $3,755.56 and dropping to $2,416.67. This gradual decrease could suggest shifts in local tax policies, economic conditions, or demographic changes that may influence cost-of-living, making it potentially attractive for prospective residents, investors, and real estate developers. Appraisers and insurance agents might find such trends useful for valuing properties and assessing risk, while current homeowners might benefit from insights into financial planning and fiscal health.
Average Total Tax Liability Per Tax Return in Griggs County, ND Over the Last 10 Years
Griggs County, North Dakota has experienced significant fluctuations in average total tax liability over the past decade. The region saw a peak average liability of roughly $11,417.58 in 2013, followed by a sharp decline to about $7,470.93 in 2019. This data suggests that the economic environment and potentially property values and incomes have shifted over time, affecting tax liabilities. For investors and real estate professionals, understanding these trends could be essential for evaluating future financial commitments and risks associated with property in Griggs County.
Cost of Living in Griggs County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,121 | $1,391 | $1,754 | $785 | $793 |
| 1 adult 4 children | $1,121 | $1,136 | $1,340 | $785 | $929 |
| 2 adults 3 children | $1,121 | $1,137 | $1,523 | $785 | $619 |
| 1 adult 3 children | $1,121 | $928 | $1,109 | $785 | $670 |
| 2 adults 2 children | $826 | $931 | $1,291 | $715 | $547 |
| 2 adults 1 child | $826 | $735 | $1,059 | $489 | $593 |
| 1 adult 2 children | $826 | $695 | $877 | $715 | $502 |
| 1 adult 1 child | $826 | $475 | $645 | $489 | $497 |
| 2 adults | $628 | $591 | $828 | $0 | $526 |
| 1 adult | $623 | $322 | $414 | $0 | $446 |
Safety trends & Data
Property crime trends in Griggs County, North Dakota, show sporadic patterns, with significant changes in the frequency of different crimes over the last three years. Motor vehicle theft and vandalism incidents were notably low, both registering just one instance in 2019. Fraud saw a slight decline, dropping from three cases in 2019 to one in 2020, indicating shifts in economic-related crimes. However, a minor increase in burglary cases was noted in 2022, suggesting a potential new risk area.... Read more
Property Crime Trends in Griggs County, ND Over the Last 3 Years
Property crime trends in Griggs County, North Dakota, show a sporadic pattern over the last three years. Motor vehicle theft and vandalism incidents were low, both registering just one instance in 2019. Fraud, which had three cases in 2019, decreased to one in 2020, reflecting some variability in economic-related crimes. Interestingly, there was a slight uptick in burglary with two reported cases in 2022, indicating a new area of concern. These fluctuations might suggest changing criminal behaviors or effectiveness of law enforcement over time, which is crucial for investors, insurers, and property developers analyzing risk and safety metrics.
Demographics
Griggs County, North Dakota, presents a balanced gender distribution with a slight male majority and an aging population leaning towards the 55-74 age brackets. Educational attainment is dominated by high school graduates and those with some college education, but bachelor's and graduate degrees also have a meaningful presence. The racial makeup is overwhelmingly White, with negligible representation from other races. This demographic landscape illustrates a predominantly educated, aging, and... Read more
Race Distribution in Griggs County, North Dakota (2022)
Educational Attainment in Griggs County, North Dakota (2022)
Age Distribution in Griggs County, North Dakota
Citizen Population in Griggs County, North Dakota (2022)
Political Trends & Data
Griggs County, North Dakota, tends to lean Republican based on the 2020 Presidential Election data, with the GOP attracting about 72.56% of the vote. Democrats and Libertarians saw considerably less support at around 24.64% and 2.72%, respectively, suggesting a strong conservative base and limited third-party influence. This political landscape might influence market behaviors and local policies, potentially attracting or deterring certain buyer... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Griggs County in North Dakota showed a notable lean towards the Republican party in the 2020 U.S. Presidential Election, with approximately 72.56% of the vote. This could suggest a strong conservative presence in the area. Democrats trailed with around 24.64%, while Libertarians garnered 2.72%, indicating limited but existing support for third-party candidates. Other parties barely registered, suggesting a dominant two-party preference among voters.
72.56% of voters voted for the Republican party in the 2020 Presidential Election
24.64% of voters voted for the Democrat party in the 2020 Presidential Election
2.72% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% of voters voted for the Other party in the 2020 Presidential Election
School Data
Griggs County, North Dakota, has experienced a modest increase in its student-to-teacher ratio, rising from about 10 students per teacher in 2014 to approximately 11 in 2023. Despite this uptick, the ratio remains comfortably below the national average of 14, which might suggest more personalized attention for students—a factor that could appeal to families considering a move to the area. For real estate investors and agents, this educational stability could signal enhanced local property... Read more
Student-to-teacher ratio in Griggs County, North Dakota over the last 10 years
Griggs County, North Dakota, has seen its student-to-teacher ratio increase modestly from around 10 students per teacher in 2014 to approximately 11 in 2023. While this suggests a trend toward slightly larger class sizes, it remains comfortably below the national average of 14, which may indicate more personalized attention for students. Investors, real estate agents, and those considering moving to the area could see this as a positive, as smaller class sizes are often linked to better educational outcomes. For appraisers and insurance agents, maintaining such metrics may signal stability in the local education system, potentially making residential properties in Griggs County more attractive to families.
