Morton County Real Estate and Livability Trends
Morton County, North Dakota has exhibited remarkable economic growth, with average taxable income per tax return rising from approximately $63,941.05 in 2013 to around $86,190.73 in 2021. These gains, coupled with median home values reaching $247,200 in 2022, suggest a robust housing market, despite significant hikes in real estate taxes. The notable increase in mortgage counts for principal... Read more
Morton County Market Trends
Morton County, North Dakota's housing market has consistently outperformed state and national trends, with median home values peaking at $247,200 in 2022. The area’s steady property value increases, combined with significant real estate tax hikes from $3,620.53 in 2012 to $5,222.22 in 2021, suggest robust economic growth and escalating property desirability. Although residential energy tax... Read more
Median Value of Occupied Housing Units in Morton County, North Dakota Over the Last 8 Years
Morton County, North Dakota's median home values have experienced a steady increase over the past eight years, peaking at $247,200 in 2022. This trend outpaces both the state's median values, which reached $232,500, and national figures, which stood at $179,400 in 2022. Such upward momentum could make Morton County an appealing prospect for investors and those considering building new properties, potentially suggesting robust local economic growth and increasing desirability for the region.
Residential Energy Tax Credit Per Tax Return in Morton County, ND Over the Last 8 Years
Over the past eight years, Morton County, North Dakota has seen fluctuations in the average residential energy tax credit per tax return, peaking at $641.18 in 2021. Notably, there has been a general downward trend until a significant rebound in 2021. Investors and builders looking into energy-efficient housing may find these credits appealing, although the variability suggests potential changes in incentive structures over the years. Real estate agents and appraisers should be aware of these trends as indicators of local government support for energy-efficient home improvements.
Average Real Estate Taxes Per Tax Return in Morton County, ND Over the Last 10 Years
Over the last decade, Morton County, North Dakota has experienced a notable rise in real estate taxes per tax return, jumping from $3,620.53 in 2012 to $5,222.22 in 2021. This trend hints at potentially increasing property values or changes in tax rates, which could draw attention from investors and insurance agents, as well as impact appraisals and property development costs. For current and prospective residents or real estate agents, this upward trajectory in real estate taxes may be a critical factor in decision-making and financial planning.
Percentage of Farm Returns in Morton County, ND Over the Last 10 Years
Over the past decade, Morton County, North Dakota has seen a gradual decline in the percentage of farm tax returns, dropping from approximately 7.72% in 2012 to about 6.57% in 2021. While this trend might reflect shifting economic activities or demographic changes within the county, it could signal important considerations for investors or those planning to build property here. Understanding these trends could be useful for anyone interested in the local agricultural sector or assessing the economic health of the region.
Number of Mortgages by Occupancy Type in Morton County, ND Over the Last 5 Years in Morton County
Over the past five years, Morton County, North Dakota, has seen significant variability in mortgages tied to principal residences compared to more modest changes in investment and second property mortgage counts. Particularly striking was the spike in 2020 for principal residences, which almost doubled compared to 2018 and 2019, potentially driven by market dynamics or economic stimuli. This type of fluctuation in principal residence occupancy can heavily influence home prices, demand for services, and housing market stability. For investors, the steadier trend in investment properties might suggest a predictable market segment for rental income and property appreciation. For appraisers and real estate agents, understanding these shifts is crucial for accurate property valuation and strategic market positioning. Additionally, these trends impact insurance agents regarding risk assessment for both new homeowners and investors.
Economic Outlook
Morton County, North Dakota has seen a substantial rise in average taxable income per tax return from approximately $63,941.05 in 2013 to around $86,190.73 in 2021, signaling potential economic growth. This increase, especially between 2020 and 2021, could reflect shifts in employment trends or local industry strength. Despite fluctuating state and local income taxes, peaking at $6,393.88 in 2020, the region remains economically dynamic. Average total tax liability saw moderate changes over the... Read more
Average Taxable Income per Tax Return in Morton County, ND over the last 9 years
Morton County, North Dakota has exhibited a notable upward trend in average taxable income per tax return over the past nine years, with values increasing from approximately $63,941.05 in 2013 to around $86,190.73 in 2021. This rise may be indicative of economic growth, potentially making the county more attractive for investors, real estate developers, and new residents. The steady increase, particularly the significant jump between 2020 and 2021, could also reflect broader economic changes, such as shifts in employment trends or local industry strength, which insurance agents and appraisers might find particularly relevant.
Average State and Local Income Taxes Per Tax Return in Morton County, ND Over the Last 10 Years
Morton County, North Dakota, has experienced fluctuating average state and local income taxes per tax return over the past decade. After a jump from $3,604.02 in 2012 to $4,565.57 in 2013, the taxes dipped but again surged significantly, peaking around $6,393.88 in 2020. This variability suggests an economically dynamic region, likely influenced by regional economic activities and policies impacting taxable income. Such trends might signal to investors and real estate agents a regional economy that requires close attention for planning future developments or for estimating potential property values. For appraisers and insurance agents, understanding these fluctuations can assist in assessing financial stability and the economic behavior of residents.
Average Total Tax Liability Per Tax Return in Morton County, ND Over the Last 10 Years
Over the last decade, Morton County, North Dakota has exhibited fluctuations in average total tax liability per tax return. Between 2012 and 2020, tax liabilities ranged from approximately $10,022.54 to $11,060.86, reflecting moderate variability with occasional dips and spikes. However, a notable increase occurred in 2021, surging to $14,086.39, possibly indicating significant economic or regulatory changes. This trend may interest potential investors, developers, and appraisers as it suggests a shifting financial landscape.
Cost of Living in Morton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,328 | $1,395 | $1,523 | $1,260 | $853 |
| 1 adult 4 children | $1,328 | $1,140 | $1,170 | $1,260 | $1,029 |
| 2 adults 3 children | $1,328 | $1,140 | $1,319 | $1,260 | $686 |
| 1 adult 3 children | $1,328 | $931 | $966 | $1,260 | $818 |
| 2 adults 2 children | $934 | $933 | $1,114 | $1,157 | $592 |
| 1 adult 2 children | $934 | $697 | $761 | $1,157 | $565 |
| 2 adults 1 child | $934 | $738 | $910 | $823 | $613 |
| 1 adult 1 child | $934 | $476 | $557 | $823 | $537 |
| 2 adults | $819 | $593 | $706 | $0 | $516 |
| 1 adult | $724 | $323 | $353 | $0 | $446 |
Safety trends & Data
In Morton County, North Dakota, property crime trends have been dynamic, with notable shifts in categories like larceny-theft, which peaked at 176 cases in 2020 but dropped to 99 cases by 2022. Motor vehicle theft and burglary initially declined from 2020 to 2021 but saw new increases in 2022. Fraud cases have dramatically risen, going from 15 cases in 2018 to 55 in 2021 before stabilizing. These fluctuations in crime rates can potentially affect property values and insurance premiums, making... Read more
Property Crime Trends in Morton County, ND Over the Last 5 Years
In Morton County, North Dakota, property crime trends over the last five years have shown variability across different categories. Larceny-theft displayed peaks in 2020 with 176 cases but dropped to 99 cases by 2022. Despite a general decline in categories like motor vehicle theft and burglary from 2020 to 2021, these crimes saw new upticks in 2022. Fraud cases saw a notable rise from 15 cases in 2018 to 55 cases in 2021, stabilizing thereafter. Vandalism and cases of stolen property have generally been consistent but with slight fluctuations. Investors, real estate agents, and those involved in property development should consider these dynamic trends, as they can impact property values and insurance premiums in the area.
Demographics
Morton County, North Dakota's demographic trends offer a glimpse into a community shaped by its predominantly White population and a nearly even split between males and females. Age-wise, the county features a significant younger population under 35 years, revealing potential dynamic workforce growth, while educational attainment tends to lean heavily on high school graduates and those with some college education. Such trends can imply opportunities for targeted educational programs and... Read more
Race Distribution in Morton County, North Dakota (2022)
Educational Attainment in Morton County, North Dakota (2022)
Age Distribution in Morton County, North Dakota
Citizen Population in Morton County, North Dakota (2022)
Political Trends & Data
In Morton County, North Dakota, Republican candidates may have secured around 73.7% of the vote in the 2020 U.S. Presidential Election, suggesting substantial support. Democratic candidates, with about 23.3%, indicate some political diversity, while minor parties collectively garnered less than 3%. This potentially reflects on the county's political leanings and engagement... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Morton County, North Dakota, Republican candidates appear to have potentially garnered significant support in the 2020 U.S. Presidential Election, with around 73.7% of the vote. Democratic candidates, although notably behind, managed to secure roughly 23.3%, indicating a diverse political landscape. Libertarian and other minor party candidates, while present, seem to have minimal impact, collectively attracting less than 3% of the vote. This data may hint at the county's leanings and the political engagement levels across different groups.
73.67% of voters voted for the Republican party in the 2020 Presidential Election
23.30% of voters voted for the Democrat party in the 2020 Presidential Election
2.60% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Other party in the 2020 Presidential Election
School Data
Morton County, North Dakota has seen fluctuating student-to-teacher ratios, from a low of 9 in 2015 to nearly 15 in 2023, slightly above the national average of 14 students per teacher. These trends could reflect changing educational dynamics, possibly due to increasing student enrollment or challenges in teacher recruitment and retention. For investors and relocators, this might signal shifts in community size or educational resource allocation, while appraisers and insurance agents might... Read more
Student-to-teacher ratio in Morton County, North Dakota over the last 10 years
Morton County, North Dakota has seen fluctuating student-to-teacher ratios over the past decade, with values ranging from as low as 9 in 2015 to a peak of nearly 15 in 2023. The most recent figures suggest ratios slightly above the current national average of 14 students per teacher. These trends could imply changing educational dynamics, potentially indicating either increasing student enrollment or challenges in teacher recruitment and retention. For those considering investments or relocations, this data might signal shifts in community size or educational resource allocation, while appraisers and insurance agents might find these ratios indicative of broader socio-economic factors within the county.
