Logan County Real Estate and Livability Trends
In Logan County, North Dakota, real estate market dynamics reveal some compelling trends. Median home values went from $71,000 in 2015 to $94,400 in 2022, indicating slow growth compared to state and national benchmarks. Property taxes fluctuated, peaking at $2,180.00 in 2016. Agricultural stability is hinted at with farm tax returns consistently around 37.63% to 40%. Mortgages for primary... Read more
Logan County Market Trends
The median home value in Logan County, North Dakota has risen from $71,000 in 2015 to $94,400 in 2022, showing a slower growth rate compared to broader state and national trends. Meanwhile, real estate taxes fluctuated, notably peaking at $2,180.00 in 2016 before stabilizing. Farm tax returns have stayed around 37.63% to 40% over the past decade, hinting at a stable agricultural sector. Mortgages... Read more
Median Value of Occupied Housing Units in Logan County, North Dakota Over the Last 8 Years
The median home value in Logan County, North Dakota has experienced consistent increases from $71,000 in 2015 to $94,400 by 2022. This local growth, while notable, still lags significantly behind the broader state and national figures. By comparison, North Dakota's median home value jumped from $153,800 to $232,500 over the same period, and the U.S. saw an increase from $125,500 to $179,400. This subtle but steady appreciation suggests Logan County may offer more affordable investment opportunities within North Dakota and relative to national figures, yet still hold potential for growth.
Average Real Estate Taxes Per Tax Return in Logan County, ND Over the Last 6 Years
Over the past six years in Logan County, North Dakota, average real estate taxes per tax return generally hovered between $1,600.00 to $2,200.00 with notable fluctuations. A significant dip occurred in 2013, dropping to $1,642.86, followed by a gradual rise peaking at $2,180.00 in 2016 and then slightly decreasing in 2017. For potential investors, insurance agents, appraisers, or residents, these trends might signal varying property valuations or changes in local fiscal policies affecting tax rates.
Percentage of Farm Returns in Logan County, ND Over the Last 10 Years
In Logan County, North Dakota, farm tax returns have hovered around 37.63% to 40% over the past decade. This slight increase in farm tax returns might suggest a stable or slowly growing agricultural presence. For potential investors or residents, this could indicate a solid if niche agricultural community. This steady engagement in farming could affect local infrastructure needs, property values, and community resources.
Number of Mortgages by Occupancy Type in Logan County, ND Over the Last 5 Years in Logan County
Over the past five years in Logan County, North Dakota, the mortgage market has seen significant variations linked to occupancy type, particularly for principal residences. While the count of principal residence mortgages hit a peak in 2021 with 51, investment properties and second residences have shown minimal activity, typically ranging from 1 to 3 mortgages per year. This dominance in principal residence mortgages could suggest a stable demand for homes intended for primary living, attracting potential investors looking for long-term ownership and community engagement. Conversely, the limited interest in investment properties may indicate a lower attraction for rental income opportunities or speculative investments, which could influence both real estate strategy and insurance risk assessments. Changes in occupancy type can affect property values, influencer demographics, market stability, and insurance costs, all key factors for anyone considering investment or relocation, as well as for real estate professionals and appraisers.
Economic Outlook
In Logan County, North Dakota, the real estate market exhibits intriguing economic trends. Average taxable incomes have notably peaked at $46,888.04 in 2014 and $55,438.20 in 2021, despite some fluctuations, hinting at potential economic stability and growth. State and local income taxes per tax return have varied, rising to $3,200.00 in 2015 before dropping to $2,425.00 in 2017, potentially reflecting changes in local economic conditions or policies. Total tax liabilities also show significant... Read more
Average Taxable Income per Tax Return in Logan County, ND over the last 9 years
Over the past nine years, Logan County, North Dakota has seen fluctuating average taxable incomes. Notably, 2014 and 2021 stand out with peaks at $46,888.04 and $55,438.20 respectively, suggesting potential economic boons or advantageous tax scenarios during those periods. Despite some dips, such as the $30,052.81 low in 2019, there's an overall upward trajectory which could indicate improving economic conditions. This nuanced trend might appeal to potential investors, real estate agents, and insurance agents who are evaluating the area for its economic resilience and growth potential.
Average State and Local Income Taxes Per Tax Return in Logan County, ND Over the Last 6 Years
Over the last six years, residents in Logan County, North Dakota, have experienced fluctuations in their average state and local income taxes per tax return. Starting at $2,300.00 in 2012, there was a notable increase to $3,200.00 by 2015. However, this trend did not persist, with taxes decreasing to $2,425.00 by 2017. These variations could suggest changes in local economic conditions, tax policies, or income levels, providing valuable insights for investors, property builders, and real estate agents considering the area.
Average Total Tax Liability Per Tax Return in Logan County, ND Over the Last 10 Years
Over the past decade in Logan County, North Dakota, the average total tax liability per tax return has fluctuated significantly. Starting around $6,130 in 2012, there was a noticeable dip to just over $6,000 in 2013, followed by a sharp increase in 2014 ($7,384.00) that remained relatively high with some ups and downs until 2020. However, the most striking change occurred in 2021 when the average liability spiked to $10,413.89. These trends could be indicative of broader economic shifts or localized changes in property values and income levels, making Logan County potentially intriguing for investors, real estate agents, and those considering building or moving to the area.
Cost of Living in Logan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,218 | $1,391 | $1,754 | $879 | $870 |
| 1 adult 4 children | $1,218 | $1,136 | $1,340 | $879 | $1,033 |
| 2 adults 3 children | $1,218 | $1,137 | $1,523 | $879 | $689 |
| 1 adult 3 children | $1,218 | $928 | $1,109 | $879 | $772 |
| 2 adults 2 children | $857 | $931 | $1,291 | $788 | $580 |
| 1 adult 2 children | $857 | $695 | $877 | $788 | $547 |
| 2 adults 1 child | $857 | $735 | $1,059 | $495 | $610 |
| 1 adult 1 child | $857 | $475 | $645 | $495 | $515 |
| 2 adults | $667 | $591 | $828 | $0 | $544 |
| 1 adult | $663 | $322 | $414 | $0 | $464 |
Safety trends & Data
Logan County in North Dakota has seen fluctuating property crime trends over the past four years. While burglary, vandalism, and larceny-theft have been consistent issues, 2020 witnessed a noticeable spike in larceny-theft with 7 incidents. Emerging crimes like arson and forgery in 2022 may signal new concerns. These trends could be crucial for property investors, insurance agents, and real estate professionals evaluating risk and opportunities in the... Read more
Property Crime Trends in Logan County, ND Over the Last 4 Years
Logan County in North Dakota has experienced varied property crime activity over the past four years. Burglary, vandalism, and larceny-theft have been the most consistent issues, with a noticeable spike in larceny-theft in 2020 totaling 7 incidents. Emerging crimes like arson and forgery were recorded in 2022 underlining potential new concerns. This fluctuating crime landscape implies that property investors, insurance agents, and real estate professionals might want to consider these trends carefully when evaluating risk and opportunity in Logan County.
Demographics
Logan County, North Dakota, reveals a population with a slightly higher male to female ratio. Most residents have completed high school, and there's a noticeable presence of individuals with some college experience but no degree. A significant portion also holds associate's or bachelor's degrees, though advanced degrees remain less common. The age distribution shows a substantial elderly population, with the 55-64 and 75+ age groups being quite prominent. Racially, the county is predominantly... Read more
Race Distribution in Logan County, North Dakota (2022)
Educational Attainment in Logan County, North Dakota (2022)
Age Distribution in Logan County, North Dakota
Citizen Population in Logan County, North Dakota (2022)
Political Trends & Data
Logan County, North Dakota, seems to have a notably strong Republican preference based on the 2020 U.S. Presidential Election results. The Democratic and Libertarian parties saw relatively minimal support, with virtually no votes for the Green Party and only a small fraction going to "Other" parties. This political landscape could potentially translate into policies and trends that favor Republican-leaning areas, impacting local real estate dynamics and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Logan County, North Dakota, notably leaned Republican in the 2020 U.S. Presidential Election, with an overwhelming majority of votes. Other parties, including Democrats and Libertarians, garnered a much smaller share of the electorate's support. Interestingly, no votes were recorded for the Green Party, and "Other" parties made up a very minor portion.
86.43% of voters voted for the Republican party in the 2020 Presidential Election
11.90% of voters voted for the Democrat party in the 2020 Presidential Election
1.30% of voters voted for the Livertarian party in the 2020 Presidential Election
0.37% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Logan County, North Dakota, the student-to-teacher ratio has consistently been around 6 to 7 students per teacher, significantly below the national average of 14. This could signify strong local commitment to education, potentially appealing to families seeking more personalized learning environments for their children. Real estate agents and appraisers might view this as a positive factor when assessing property values, while developers and insurance agents could incorporate this... Read more
Student-to-teacher ratio in Logan County, North Dakota over the last 10 years
Logan County, North Dakota has consistently shown a student-to-teacher ratio well below the national average of 14 students per teacher over the past decade, ranging from approximately 6 to 7 students per teacher. This low student-to-teacher ratio could potentially lead to more individualized attention for students and might appeal to parents valuing personalized education. For those looking to invest in or move to Logan County, this trend could indicate a strong local commitment to education. Additionally, real estate agents and appraisers might find this data useful when assessing property values and marketing to families. Insurance agents and those in property development can consider this attractive educational environment when pricing or planning new projects in the area.
