Kidder County Real Estate and Livability Trends
Kidder County, North Dakota has seen notable swings in real estate values and tax liabilities. Average taxable incomes peaked at $64,646 in 2021, suggesting economic shifts that developers should scrutinize. Median home values rose from $87,600 in 2015 to $140,300 in 2022, making the county an appealing choice for cost-conscious buyers compared to the state average of $232,500. The uptick in... Read more
Kidder County Market Trends
Kidder County, North Dakota has witnessed its median home values rise notably from $87,600 in 2015 to $140,300 in 2022, yet it remains under the state average of $232,500. Nationally, home values also experienced growth, moving from $125,500 to $179,400, making Kidder County an intriguing option for budget-conscious buyers seeking value. The average residential energy tax credit per tax return... Read more
Median Value of Occupied Housing Units in Kidder County, North Dakota Over the Last 8 Years
Kidder County, North Dakota has seen its median home values jump from $87,600 in 2015 to $140,300 in 2022. This growth, while impressive, still places the county below the state average, with North Dakota rising from $153,800 to $232,500 over the same period. Nationally, median home values increased from $125,500 to $179,400. For investors and prospective homeowners eyeing affordability, Kidder County presents a more budget-friendly option within a state and national context exhibiting significant appreciation.
Residential Energy Tax Credit Per Tax Return in Kidder County, ND Over the Last 2 Years
In Kidder County, North Dakota, the average residential energy tax credit per tax return saw a notable increase from around $166.67 in 2013 to $200.00 in 2014. This may suggest growing investments in energy-efficient home improvements, likely influenced by enhanced awareness or incentives. For potential property investors or real estate agents, this trend could point to a market increasingly favoring homes with energy-efficient features, potentially impacting property values and sales strategies. Appraisers and insurers might also consider this trend when assessing property values or crafting policies in the area.
Average Real Estate Taxes Per Tax Return in Kidder County, ND Over the Last 6 Years
Over the last six years, real estate taxes per tax return in Kidder County, North Dakota have shown a general upward trend. Starting at around $1,466.67 in 2012, there was a noticeable dip to $1,257.14 by 2014, followed by a significant increase reaching $1,937.50 in 2017. This fluctuation in tax rates may indicate changing property values and local government budget adjustments, providing potential insights for those considering investing, moving, or appraising real estate in the area.
Percentage of Farm Returns in Kidder County, ND Over the Last 10 Years
The percentage of farm tax returns in Kidder County, North Dakota has varied slightly over the past decade, generally hovering around the mid-30s. In 2012, about 36.52% of tax returns were from farms, peaking slightly in 2013 at 37.07%, but gradually declining to around 31.13% by 2021. Farm tax returns indicate the number of filings from agricultural operations and can be a useful measure of the area's economic reliance on farming. This trend may be interesting to potential investors, new residents, and property developers as it illustrates the shifting economic base and potential opportunities in the local agricultural market.
Number of Mortgages by Occupancy Type in Kidder County, ND Over the Last 5 Years in Kidder County
Over the last five years in Kidder County, North Dakota, the number of mortgages for principal residences has remained relatively high compared to investment or second residences, peaking in 2020 and 2021. Investment property mortgages have shown a marked decrease, suggesting a possible shift away from real estate as a commercial investment. Second residence mortgages have fluctuated but have generally trended upward from 2019 to 2022. These changes in occupancy type might matter for local stakeholders as they reflect evolving priorities and economic conditions influencing real estate investment, living arrangements, and market stability. For investors, knowing the local emphasis on primary residences can guide decisions on rental properties. Appraisers and insurance agents might find the data useful for assessing market value and risk. Real estate agents and builders can tailor their strategies to meet the predominant demand, while residents and newcomers gain insight into local housing trends.
Economic Outlook
Kidder County, North Dakota's real estate market has experienced notable financial fluctuations, with average taxable incomes per tax return peaking at $64,646 in 2021 after dipping to about $46,000 in 2019. This suggests variations in the local job market which investors and developers should analyze closely. Additionally, state and local income taxes have varied significantly, hitting a high of $3,987.50 in 2015, reflecting potential economic or policy shifts. Total tax liability also rose... Read more
Average Taxable Income per Tax Return in Kidder County, ND over the last 9 years
The average taxable income per tax return in Kidder County, North Dakota has seen some fluctuations over the past nine years, with notable peaks and troughs. From 2013 to 2016, there was a gradual increase reaching over $53,000, but it then dipped to around $46,000 by 2019. However, a significant rise occurred in 2020 and 2021, with a peak in 2021 at approximately $64,646. This volatility may suggest economic variances or changes in the local job market, making it crucial for investors, real estate agents, and property developers to closely analyze these trends for strategic decisions.
Average State and Local Income Taxes Per Tax Return in Kidder County, ND Over the Last 6 Years
Over the last six years, Kidder County, North Dakota has seen fluctuations in average state and local income taxes per tax return. Notably, there was a significant spike in 2015, reaching $3987.50, followed by a varied range from $2637.50 in 2014 to $3344.44 in 2017. This variability could indicate changes in local economic conditions or tax policy adjustments, making it crucial for investors, real estate agents, and those considering moving to the area to stay informed about possible fiscal trends and their potential impact on future financial planning.
Average Total Tax Liability Per Tax Return in Kidder County, ND Over the Last 10 Years
Over the past decade, Kidder County, North Dakota has seen considerable fluctuations in the average total tax liability per tax return. Notably, there was a significant increase from $7,582.02 in 2012 to $11,084.27 in 2021. While there have been dips, such as in 2013 and 2018, the overall trend indicates a rising tax liability, with a peak observed in 2021. This trend could be indicative of economic growth, rising property values, or changes in local tax policies, making it pivotal for those involved in real estate, property appraisal, and financial planning to consider these dynamics when evaluating investment opportunities or advising clients in the area.
Cost of Living in Kidder County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,174 | $1,516 | $1,754 | $811 | $871 |
1 adult 4 children | $1,174 | $1,238 | $1,340 | $811 | $1,023 |
2 adults 3 children | $1,174 | $1,239 | $1,523 | $811 | $682 |
1 adult 3 children | $1,174 | $1,011 | $1,109 | $811 | $754 |
2 adults 2 children | $826 | $1,014 | $1,291 | $729 | $575 |
1 adult 2 children | $826 | $757 | $877 | $729 | $534 |
2 adults 1 child | $826 | $801 | $1,059 | $463 | $608 |
1 adult 1 child | $826 | $518 | $645 | $463 | $507 |
2 adults | $731 | $644 | $828 | $0 | $572 |
1 adult | $715 | $351 | $414 | $0 | $483 |
Safety trends & Data
Kidder County, North Dakota has experienced fluctuating property crime over the last four years, with larceny-theft peaking at three recorded instances in 2021. Burglary and forgery have been relatively rare, each with only one instance, but new concerns like vandalism and dealing in stolen property emerged in 2022. These trends might be valuable for real estate agents and potential investors analyzing the area's security profile, and relevant for appraisers and insurance agents assessing risks... Read more
Property Crime Trends in Kidder County, ND Over the Last 4 Years
Evidence suggests property crime in Kidder County, North Dakota has seen varied fluctuations over the last four years. Notably, larceny-theft has been the most consistent issue, peaking at three recorded instances in 2021. Burglary and forgery are relatively rare, with only one instance each, and new concerns like vandalism and dealing in stolen property have emerged as of 2022. These trends could be valuable for real estate agents and potential investors who are analyzing the area's security profile. Appraisers and insurance agents might also find these shifts relevant when assessing risks and property values.
Demographics
Kidder County, North Dakota, reflects a predominately adult male population with a notable demographic imbalance between genders. Educational attainment skews heavily toward high school graduates and those with some college but no degree, pointing to possible educational improvement opportunities. Age-wise, the community appears more mature, with substantial segments over 55. The racial makeup is overwhelmingly White with minuscule representation from other races. These insights could impact... Read more
Race Distribution in Kidder County, North Dakota (2022)
Educational Attainment in Kidder County, North Dakota (2022)
Age Distribution in Kidder County, North Dakota
Citizen Population in Kidder County, North Dakota (2022)
Political Trends & Data
Kidder County in North Dakota generally leans heavily conservative, with a significantly high proportion of votes favoring the Republican party in recent elections. Limited voter support for Democrats and Libertarians suggests that these parties have minimal influence in the area. Minor parties like the Green party show negligible presence, indicating their relatively low impact on the local political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kidder County in North Dakota saw a significantly high proportion of the vote going to the Republican party, potentially indicating strong conservative leanings in this region. The Democrats and Libertarians received markedly fewer votes, suggesting limited influence compared to the predominant Republican preference. The Green party and other minor parties barely registered on the electoral map, which could imply minimal support or presence in this area.
83.22% of voters voted for the Republican party in the 2020 Presidential Election
15.14% of voters voted for the Democrat party in the 2020 Presidential Election
1.51% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Other party in the 2020 Presidential Election
School Data
Kidder County, North Dakota has experienced fluctuations in its student-to-teacher ratio, rising from about 8 students per teacher in 2014 to over 11 recently. This consistently falls below the national average of 14, which might suggest a more personalized education environment. For potential investors, real estate agents, and homeowners, smaller class sizes could be a selling point, indicative of enhanced educational outcomes and community engagement. Additionally, insurance agents might... Read more
Student-to-teacher ratio in Kidder County, North Dakota over the last 10 years
Kidder County, North Dakota has seen fluctuations in its student-to-teacher ratio over the past decade, starting at around 8 students per teacher in 2014 and rising to over 11 in recent years. While the national average sits at approximately 14 students per teacher, Kidder County consistently trends below this benchmark, suggesting potentially smaller class sizes. For potential investors, homeowners, real estate agents, and appraisors, these figures might imply a more personalized education environment, which could be a selling point. Moreover, insurance agents may view smaller class sizes as an indicator of lower risk for incidents. Those looking to build property in the area or who have a general interest in local dynamics might find the relatively low student-to-teacher ratio appealing, as it often correlates with enhanced educational outcomes and community engagement.