Mountrail County Real Estate and Livability Trends
Mountrail County, North Dakota, has seen fluctuating economic metrics with average taxable income peaking at $122,459.58 in 2014 and dropping to $77,386.59 by 2016. A partial recovery brought the average income to $101,182.19 by 2021. Median home values surged from $132,300 in 2015 to $205,000 in 2022, outpacing state and national trends. Real estate taxes have doubled, reflecting rising property... Read more
Mountrail County Market Trends
Mountrail County, North Dakota has seen its median home values rise significantly from $132,300 in 2015 to $205,000 in 2022, outpacing both state and national trends. Residential energy tax credits per tax return have shown inconsistency, peaking in 2013 and 2020, which might interest those evaluating cost-saving potentials. Real estate taxes in the county have roughly doubled, reflecting rising... Read more
Median Value of Occupied Housing Units in Mountrail County, North Dakota Over the Last 8 Years
Over the past eight years, Mountrail County, North Dakota has seen its median home values consistently rise from $132,300 in 2015 to $205,000 in 2022. This puts the area on a steeper ascent compared to the statewide median, which grew from $153,800 to $232,500 over the same period. Interestingly, Mountrail County's increase has outpaced national trends as well, where median home values went from $125,500 in 2015 to $179,400 in 2022. This might suggest that Mountrail County could offer appealing growth opportunities for investors or homeowners considering this region.
Residential Energy Tax Credit Per Tax Return in Mountrail County, ND Over the Last 6 Years
Over the last six years in Mountrail County, North Dakota, residential energy tax credits per tax return have varied significantly, peaking in 2013 and 2020 with average values of $614.29 and $550.00 respectively. There's a notable dip from 2014 to 2017, averaging between $220.00 and $300.00. These fluctuations suggest inconsistent participation or eligibility for energy efficiency incentives, which might interest investors or real estate agents evaluating cost-saving potentials and sustainable property features.
Average Real Estate Taxes Per Tax Return in Mountrail County, ND Over the Last 10 Years
Real estate taxes per tax return in Mountrail County, North Dakota, have seen a notable upward trend over the past decade, starting at around $1,809.76 in 2012 and reaching $3,450.00 by 2021. The most significant spikes occurred between 2017 and 2018, and again from 2020 to 2021. This steady increase may reflect rising property values and could influence the financial planning of potential investors, homeowners, and real estate professionals in the area.
Percentage of Farm Returns in Mountrail County, ND Over the Last 10 Years
In Mountrail County, North Dakota, farm tax returns have shown fluctuating percentages over the past decade, hovering mostly between 12.57% and 13.80%. The peak was in 2012 at 13.80%, dipping to a low of 11.87% in 2018 and 2019, then moderately rising again to 12.35% by 2021. Understanding these percentages is essential for anyone considering investment or property development in the area as they reflect the local agricultural economy's health, influencing land values and economic stability in the region.
Number of Mortgages by Occupancy Type in Mountrail County, ND Over the Last 5 Years in Mountrail County
In Mountrail County, North Dakota, there has been a noticeable fluctuation in the number of mortgages across different occupancy types over the past five years. Mortgages for principal residences have generally seen higher counts, peaking at 265 in 2021 before dropping to 150 in 2022. Meanwhile, investment properties and second residences show less volatility, often maintaining lower and relatively stable counts. This data can help investors, real estate agents, and potential movers understand the local market dynamics; for instance, the high demand for principal residences may indicate a strong local economy or growing population, while consistent investment property numbers suggest steady interest in rental opportunities. Changes in occupancy types can influence property values, insurance rates, and appraisal processes, affecting overall investment strategies and housing market forecasts.
Economic Outlook
Mountrail County, North Dakota has experienced noticeable income and tax fluctuations over the past decade, peaking with an average taxable income of about $122,459.58 in 2014 and dropping to $77,386.59 by 2016. Despite a downturn, a partial recovery was seen in 2021, with an average income of $101,182.19. Similarly, state and local income taxes per tax return varied significantly, hitting $11,451.47 in 2013 but falling to $5,810.20 by 2017, and later rebounding to $9,614.29 in 2021. The... Read more
Average Taxable Income per Tax Return in Mountrail County, ND over the last 9 years
Mountrail County, North Dakota has seen some fluctuation in the average taxable income per tax return over the last nine years, peaking at roughly $122,459.58 in 2014 before dipping to around $77,386.59 in 2016 and then gradually recovering. The 2021 average was approximately $101,182.19, indicating a potential rebound. This could be of interest to investors, real estate agents, and insurance agents as the region may be experiencing economic variability, impacting property values and market stability. For prospective movers and residents, understanding these trends might provide some insight into the local economy and job market.
Average State and Local Income Taxes Per Tax Return in Mountrail County, ND Over the Last 10 Years
Mountrail County, North Dakota has seen significant fluctuations in average state and local income taxes per tax return over the past decade. Although peaking at $11,451.47 in 2013, the figures sharply fell to $5,810.20 by 2017, hinting at economic shifts impacting incomes. Most recently, there's a partial rebound with 2021 figures at $9,614.29. For investors or those considering relocation, these numbers hint at volatile income levels and potential tax planning opportunities. Real estate agents and appraisers might find these trends useful for assessing market stability and advising clients on financial planning.
Average Total Tax Liability Per Tax Return in Mountrail County, ND Over the Last 10 Years
Over the past decade, Mountrail County, North Dakota, has experienced significant fluctuations in average total tax liability per tax return. The tax liability peaked notably in 2014 at $32,597.79, reflecting perhaps an unusual spike in income or economic activity during that period. However, subsequent years saw a marked decline, with the lowest point in 2016 at $14,832.02. The more recent figures suggest a gradual stabilization, with 2021 recording an average liability of $18,678.53. This variability is essential for investors, appraisers, and real estate agents, suggesting a sometimes volatile economic environment that merits closer scrutiny when making financial or property-related decisions in the area.
Cost of Living in Mountrail County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,167 | $1,456 | $1,754 | $1,011 | $852 |
| 1 adult 4 children | $1,167 | $1,189 | $1,340 | $1,011 | $1,004 |
| 2 adults 3 children | $1,167 | $1,189 | $1,523 | $1,011 | $673 |
| 1 adult 3 children | $1,167 | $971 | $1,109 | $1,011 | $750 |
| 2 adults 2 children | $831 | $974 | $1,291 | $908 | $574 |
| 1 adult 2 children | $831 | $727 | $877 | $908 | $541 |
| 2 adults 1 child | $831 | $769 | $1,059 | $576 | $600 |
| 1 adult 1 child | $831 | $497 | $645 | $576 | $508 |
| 2 adults | $736 | $618 | $828 | $0 | $550 |
| 1 adult | $720 | $337 | $414 | $0 | $486 |
Safety trends & Data
Property crime in Mountrail County, North Dakota, has shown volatility, especially with a dramatic surge in 2020 for larceny-theft ($51.00), motor vehicle theft ($40.00), and burglary ($26.00) cases. This spike contrasts with a notable drop in 2021 and partial recovery in 2022. These fluctuations might be tied to economic or societal shifts, making understanding crime trends essential for investors and real estate professionals assessing market stability and community... Read more
Property Crime Trends in Mountrail County, ND Over the Last 5 Years
Property crime in Mountrail County, North Dakota, showcased volatility over the last five years. Notably, 2020 saw a dramatic surge across several categories, particularly in larceny-theft, motor vehicle theft, and burglary, clocking in at 51.00, 40.00, and 26.00 reported cases, respectively. This spike contrasts sharply with the substantial drop in reported cases in 2021 and a partial recovery in 2022. Patterns reflect a possible correlation with economic or societal shifts, making this a crucial consideration for potential investors, property developers, and real estate professionals evaluating market stability and community safety.
Demographics
The demographic landscape of Mountrail County, North Dakota shows an intriguing male-to-female ratio with slightly more males. Education levels highlight a dominant proportion with just high school diplomas. The population has a notable representation in younger age brackets, especially under 34 years, hinting at a younger demographic trend. Ethnically, the county predominantly consists of White and American Indian and Alaska Native populations, indicating substantial indigenous... Read more
Race Distribution in Mountrail County, North Dakota (2022)
Educational Attainment in Mountrail County, North Dakota (2022)
Age Distribution in Mountrail County, North Dakota
Citizen Population in Mountrail County, North Dakota (2022)
Political Trends & Data
Mountrail County in North Dakota exhibited a pronounced Republican preference in the 2020 U.S. Presidential Election, with about 68% of votes likely supporting Republican candidates. Democratic candidates garnered just over 30% of the vote, indicating a significant gap and a probable conservative bent within the county. Minor parties, including Libertarians, made minimal impact, collectively drawing only a small fraction of votes. These voting patterns could suggest a local inclination towards... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Mountrail County in North Dakota showed a strong inclination towards the Republican party in the 2020 U.S. Presidential Election, with nearly 68 percent of votes possibly going to Republican candidates. Democrats lagged significantly, garnering just over 30 percent of the vote. Minor party candidates, including Libertarians and others, seemed to have a minimal impact, collectively receiving a small fraction of the vote. This trend may highlight the county's conservative leanings during this period.
67.80% of voters voted for the Republican party in the 2020 Presidential Election
30.16% of voters voted for the Democrat party in the 2020 Presidential Election
1.80% of voters voted for the Livertarian party in the 2020 Presidential Election
0.24% of voters voted for the Other party in the 2020 Presidential Election
School Data
Mountrail County, North Dakota, has seen its student-to-teacher ratio hover between 11 and 12 students per teacher in recent years, notably below the national average of 14. This trend could appeal to families seeking more individualized attention for their children, making the area attractive for relocation. Investors and developers might view this as a stable factor, while real estate agents could use it to attract buyers looking for quality education... Read more
Student-to-teacher ratio in Mountrail County, North Dakota over the last 10 years
Mountrail County, North Dakota, has experienced some fluctuations in its student-to-teacher ratio over the past decade, with recent years typically hovering between 11 and 12 students per teacher. This ratio remains below the current national average of 14 students per teacher, suggesting that students in Mountrail County might receive more individual attention compared to other areas. Investors and developers might find this favorable for families considering relocation, while appraisers and insurance agents could view it as a point of stability in the community’s educational infrastructure. Real estate agents might leverage this data to attract potential buyers looking for quality education environments.
