Pembina County Real Estate and Livability Trends
Pembina County, North Dakota has seen its average taxable incomes grow from $64,212.68 in 2017 to $91,304.56 by 2021, hinting at possible economic progress. Median home values have similarly risen from $76,900 in 2015 to $112,700 by 2022, presenting a potentially lucrative market for investors. A low student-to-teacher ratio, remaining between 7 and 9 over the past decade, could appeal to... Read more
Pembina County Market Trends
Pembina County, North Dakota has seen median home values climb from $76,900 in 2015 to $112,700 by 2022, remaining more affordable than state and national levels, possibly making it an appealing market for investors and developers. Residential energy tax credits have varied, peaking at $500.00 per tax return in 2017 but dropping to $233.33 in 2020, indicating potential policy changes or shifts in... Read more
Median Value of Occupied Housing Units in Pembina County, North Dakota Over the Last 8 Years
Over the last 8 years, median home values in Pembina County, North Dakota have consistently trended upward, growing from $76,900 in 2015 to $112,700 in 2022. Despite these gains, Pembina County's housing market remains more affordable compared to the state and national levels, with North Dakota's median home value reaching $232,500 and the national figure climbing to $179,400 in 2022. This relative affordability might appeal to investors, potential residents, and developers looking for growth opportunities in a less saturated market.
Residential Energy Tax Credit Per Tax Return in Pembina County, ND Over the Last 6 Years
Pembina County, North Dakota has seen varying trends in residential energy tax credits over the past six years. Notably, average credits peaked at $500.00 per tax return in 2017, reflecting a heightened incentive for energy-efficient investments during that period. However, there was a significant drop in 2020, with an average credit of $233.33. This fluctuation could suggest changes in local or federal policy, or shifts in resident participation in energy-saving upgrades. These data points are crucial for investors, real estate agents, and appraisers when assessing the appeal and financial dynamics of property investments in the area.
Average Real Estate Taxes Per Tax Return in Pembina County, ND Over the Last 10 Years
Over the last decade, Pembina County, North Dakota has seen a variable but significant overall increase in real estate taxes per tax return. Starting at $2,050.00 in 2012, taxes fluctuated with notable peaks, such as $3,400.00 in 2018. Although there's evident year-to-year variability, the general trend suggests rising taxes, which could concern potential homebuyers or investors with tax liabilities. This information paints a picture of the financial landscape for stakeholders like real estate agents, appraisers, and insurance agents who need to factor in these tax trends when evaluating property and advising clients.
Percentage of Farm Returns in Pembina County, ND Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Pembina County, North Dakota, has experienced slight fluctuations but generally hovered around 14.50%, peaking at approximately 15.51% in 2013. Farm tax returns, which represent taxes filed by agricultural operations, are a strong indicator of the agricultural sector's health and economic contribution. This consistency might suggest a stable farming economy, making Pembina County potentially attractive for agricultural investment and development. However, the mild downward trend from 2013 could signal emerging challenges that prospective investors, property developers, or new residents should consider.
Number of Mortgages by Occupancy Type in Pembina County, ND Over the Last 5 Years in Pembina County
In Pembina County, North Dakota, the predominant mortgage activity over the past five years centers around principal residences, which see a higher volume compared to investment and second residences. These fluctuations in mortgage counts highlight potentially significant shifts in the local housing market dynamics. For investors, a relatively low yet stable number of investment property mortgages could indicate a less competitive market for rental properties. For residents and potential movers, high counts in principal residence mortgages might point to an attractive living environment with growth potential. Real estate agents and appraisers could infer rising demand influencing home values, thus impacting market strategies and property evaluations. Additionally, insurance agents might find these occupancy trends useful for risk assessments and premium adjustments.
Economic Outlook
Pembina County, North Dakota has witnessed considerable changes in average taxable incomes, state and local income taxes, and total tax liabilities per tax return over the past decade, reflecting an economically dynamic environment. From a steady decline to $64,212.68 in 2017, average taxable incomes surged to $91,304.56 by 2021, indicating potential economic growth. Concurrently, notable tax fluctuations peaked at $8,082.76 in 2013, and overall tax liabilities showed an upward trend from a low... Read more
Average Taxable Income per Tax Return in Pembina County, ND over the last 9 years
Pembina County, North Dakota has seen fluctuating average taxable incomes per tax return over the last nine years. These values showed a declining trend from $67,812.47 in 2013 to around $64,212.68 by 2017, with a notable dip to $64,306.63 in 2016. However, from 2018 onward, there's been a significant upward trend, peaking at $91,304.56 in 2021. This increase may suggest economic growth or higher earning potential in recent years, which might interest potential investors, real estate agents, or individuals considering moving to the area.
Average State and Local Income Taxes Per Tax Return in Pembina County, ND Over the Last 10 Years
Average state and local income taxes per tax return in Pembina County, North Dakota, have fluctuated significantly over the past decade, with a peak in 2013 at $8,082.76 and a low in 2015 at $5,300.00. This volatility suggests economic shifts and potential tax policy changes impacting residents. Understanding these trends is crucial for investors, real estate agents, and anyone considering moving to or conducting property appraisals in the area, as it reflects on the broader economic health and tax burden of the county.
Average Total Tax Liability Per Tax Return in Pembina County, ND Over the Last 10 Years
The average total tax liability per tax return in Pembina County, North Dakota has experienced fluctuations over the last decade, with a notable dip in the years 2017-2019, hitting a low of $9,410.57 in 2019. Following this period, there's a significant upward trend, reaching approximately $14,611.15 by 2021. This variability might suggest economically dynamic conditions influencing taxpayers' obligations, relevant for potential investors, appraisers, or anyone with a financial stake in the county.
Cost of Living in Pembina County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,492 | $1,754 | $862 | $885 |
| 1 adult 4 children | $1,174 | $1,218 | $1,340 | $862 | $1,042 |
| 2 adults 3 children | $1,174 | $1,219 | $1,523 | $862 | $696 |
| 1 adult 3 children | $1,174 | $995 | $1,109 | $862 | $774 |
| 2 adults 2 children | $826 | $998 | $1,291 | $775 | $585 |
| 1 adult 2 children | $826 | $745 | $877 | $775 | $549 |
| 2 adults 1 child | $826 | $789 | $1,059 | $494 | $615 |
| 1 adult 1 child | $826 | $509 | $645 | $494 | $515 |
| 2 adults | $731 | $633 | $828 | $0 | $573 |
| 1 adult | $715 | $346 | $414 | $0 | $483 |
Safety trends & Data
Property crime in Pembina County, North Dakota has fluctuated significantly over the past five years, with Larceny-Theft peaking at 4 incidents in 2019 but dropping to just 1 by 2022. Motor Vehicle Theft has been relatively stable at about 2 incidents each year. Fraud emerged as a notable issue starting in 2020 and has maintained low levels between 1-2 incidents. Sporadic cases of Vandalism, Burglary, Forgery, and Counterfeiting add complexity to the crime landscape. This evolving safety... Read more
Property Crime Trends in Pembina County, ND Over the Last 5 Years
Property crime trends in Pembina County, North Dakota over the past five years reveal a notable fluctuation across different categories. Larceny-Theft saw its peak in 2019 with 4 incidents but dipped to only 1 incident by 2022. Motor Vehicle Theft has remained fairly steady with 2 incidents reported across multiple years. Instances of Fraud appeared beginning in 2020 and continue to be a recurring issue, though they remain low with values between 1-2. There is also a sporadic presence of Vandalism and Burglary, alongside occasional Forgery and Counterfeiting incidents. These insights may be crucial for potential investors, real estate agents, and community planners to understand the evolving safety landscape of the area.
Demographics
Pembina County, North Dakota, shows a slightly higher male population with around 2,776 males compared to 2,527 females. The educational attainment data suggests that a significant portion of the population are high school graduates or have attended college without completing a degree, hinting at potentially high local demand for vocational training or part-time educational opportunities. The age distribution highlights a prominent senior demographic, especially in the 55 to 74 years range,... Read more
Race Distribution in Pembina County, North Dakota (2022)
Educational Attainment in Pembina County, North Dakota (2022)
Age Distribution in Pembina County, North Dakota
Citizen Population in Pembina County, North Dakota (2022)
Political Trends & Data
In Pembina County, North Dakota, the 2020 U.S. Presidential Election indicated a dominant Republican preference, with Republicans securing around 74% of the vote. Democrats managed about 24%, and other parties had minimal impact. This political landscape might shape local policy and resource distribution, reflecting the community's conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pembina County, North Dakota, the 2020 U.S. Presidential Election results show a significant lean towards the Republican party, with an approximate 74% of votes. Democrats garnered around 24%, while other parties, including Libertarians, captured a small fraction of the vote. This trend suggests a strong Republican presence in the area, potentially influencing policy decisions and resource allocation based on predominant political ideologies.
73.85% of voters voted for the Republican party in the 2020 Presidential Election
23.60% of voters voted for the Democrat party in the 2020 Presidential Election
1.98% of voters voted for the Livertarian party in the 2020 Presidential Election
0.57% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pembina County, North Dakota, has seen its student-to-teacher ratio hover between 7 and 9 students per teacher over the past decade, hitting 9 students per teacher in 2023. This low ratio suggests more individualized attention compared to the national average of 14 students per teacher, which could attract families and enhance property desirability for real estate agents and appraisers. Insurance agents might also view this as indicative of a stable, potentially lower-risk community... Read more
Student-to-teacher ratio in Pembina County, North Dakota over the last 10 years
Pembina County, North Dakota, has seen its student-to-teacher ratio fluctuate, generally hovering between 7 and 9 students per teacher over the past decade. In 2023, the ratio reached 9 students per teacher, suggesting more individualized attention than the national average of 14 students per teacher. For potential residents or investors, this could indicate a robust commitment to education, which might be attractive to families. Additionally, real estate agents and appraisers might find this advantageous, as lower student-to-teacher ratios can enhance property desirability. Insurance agents could see this as a sign of a stable and potentially lower-risk community environment.
