Pierce County Real Estate and Livability Trends
Pierce County, North Dakota has witnessed a notable rise in average taxable income per tax return, climbing from around $54,390 in 2013 to just over $73,860 in 2021, signaling potential economic growth. This is complemented by a significant increase in median home values, which have grown from $97,900 to $154,400 over eight years, making the region attractive due to its relative affordability.... Read more
Pierce County Market Trends
Over the past eight years, Pierce County, North Dakota has experienced a climb in median home values from $97,900 to $154,400, though it remains below state and national averages. This disparity could present investment or relocation opportunities due to its affordability. Energy-efficient improvements have been on the rise, evidenced by an increase in the average residential energy tax credit to... Read more
Median Value of Occupied Housing Units in Pierce County, North Dakota Over the Last 8 Years
Pierce County, North Dakota has seen a notable increase in median home values over the past eight years, starting from $97,900 in 2015 to $154,400 in 2022. Despite these gains, Pierce County's median home values remain significantly lower than North Dakota's state averages, which climbed from $153,800 to $232,500 over the same period. Nationally, median home values also show a substantial rise from $125,500 in 2015 to $179,400 in 2022. For investors or those looking to move, Pierce County's more affordable real estate market relative to state and national figures could offer attractive opportunities for growth and development.
Residential Energy Tax Credit Per Tax Return in Pierce County, ND Over the Last 3 Years
Pierce County, North Dakota has seen a noticeable increase in the average residential energy tax credit per tax return, rising from $175.00 in 2013 to $250.00 in 2016. This upward trend may point to growing investments in energy-efficient home improvements, making it potentially attractive for real estate investors and home builders focusing on eco-friendly developments. For insurance agents and appraisers, the increase could signal an incremental rise in home values tied to energy efficiency enhancements.
Average Real Estate Taxes Per Tax Return in Pierce County, ND Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Pierce County, North Dakota have displayed notable fluctuations, peaking in 2018 at $4,333.33 and dipping by 2021 to $2,766.67. This trend suggests potential volatility in the local real estate market, which could influence investment strategies and property valuations. The significant rise in taxes from 2016 to 2018 may reflect changes in property values or tax policies, which are crucial considerations for real estate agents, appraisers, and insurance agents operating in the area. Understanding these trends can also aid potential residents and investors in making more informed decisions.
Percentage of Farm Returns in Pierce County, ND Over the Last 10 Years
Farm tax returns in Pierce County, North Dakota have shown varying consistency over the last decade. The percentage has incrementally risen from approximately 20% in 2012 to a peak of about 22.80% in 2018, with minor fluctuations alongside this trend. If you're contemplating an investment, relocation, or development within Pierce County, these farm return figures might serve as an indicator of agricultural activity and economic resilience in the region. Though not definitive, a steady or increasing proportion of farm tax returns could suggest a stable agricultural presence, which could be a boon for those looking to engage with or support the local farming community.
Number of Mortgages by Occupancy Type in Pierce County, ND Over the Last 5 Years in Pierce County
In Pierce County, North Dakota, the past five years have shown relatively stable numbers for investment property mortgages, hovering around 2-4 annually, while principal residence mortgages have seen a notable increase, especially peaking in 2020 with 114. Second residence mortgages generally remain low, mostly at 1-3 per year. These trends might indicate a growing interest in primary homes, potentially driven by more people relocating to the area or taking advantage of local residential opportunities. Investment property lenders, real estate agents, and developers might see this as a signal of a growing residential market, whereas insurance agents and appraisers could consider the implied stability of homeownership as a positive indicator for long-term property value.
Economic Outlook
Pierce County, North Dakota, has seen a consistent rise in average taxable income per tax return, from around $54,390 in 2013 to just over $73,860 in 2021. This upward trend might signal economic growth and increased earning potential, potentially appealing to investors and new residents seeking financial stability. However, state and local income taxes have shown marked variability, peaking at $3,771.43 in 2013 and dipping to $2,000.00 in 2021, suggesting fluctuations in economic conditions or... Read more
Average Taxable Income per Tax Return in Pierce County, ND over the last 9 years
Over the past nine years, Pierce County, North Dakota has experienced a noticeable upward trend in average taxable income per tax return. Starting at approximately $54,390 in 2013, there were slight fluctuations until 2018, after which income figures steadily increased, reaching just over $73,860 in 2021. This gradual rise may indicate economic growth and potentially higher earning opportunities, making it a potentially attractive area for investors, real estate developers, and new residents seeking financial stability.
Average State and Local Income Taxes Per Tax Return in Pierce County, ND Over the Last 9 Years
Pierce County, North Dakota's state and local income taxes per tax return have shown significant fluctuations over the past nine years, peaking at $3,771.43 in 2013 and experiencing a notable dip to $2,000.00 in 2021. This variability may interest potential investors and property developers as it could reflect changes in local economic conditions or tax policies. For insurance agents and appraisers, understanding such trends is crucial to accurately assess risk and value. Additionally, these trends can be essential for those looking to move to the area, shedding light on potential financial expectations.
Average Total Tax Liability Per Tax Return in Pierce County, ND Over the Last 10 Years
Over the last decade, Pierce County, North Dakota has seen notable fluctuations in average total tax liability per tax return. While the figures generally hovered around $8,500.00 to $8,800.00 for the majority of years, there were significant spikes in 2014 and especially 2021, reaching as high as $11,074.19. Such volatility could impact real estate and investment decisions, as varying tax liabilities influence both property valuations and the attractiveness of the area for newcomers. Understanding these trends is essential for stakeholders, including investors, appraisers, insurance agents, and real estate professionals, as it factors into financial planning and decision-making processes.
Cost of Living in Pierce County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,456 | $1,754 | $851 | $721 |
| 1 adult 4 children | $1,005 | $1,189 | $1,340 | $851 | $824 |
| 2 adults 3 children | $1,005 | $1,189 | $1,523 | $851 | $561 |
| 1 adult 3 children | $1,005 | $971 | $1,109 | $851 | $568 |
| 2 adults 2 children | $826 | $974 | $1,291 | $776 | $525 |
| 2 adults 1 child | $826 | $769 | $1,059 | $533 | $569 |
| 1 adult 2 children | $826 | $727 | $877 | $776 | $470 |
| 1 adult 1 child | $826 | $497 | $645 | $533 | $472 |
| 2 adults | $731 | $618 | $828 | $0 | $526 |
| 1 adult | $715 | $337 | $414 | $0 | $449 |
Safety trends & Data
Pierce County, North Dakota, has seen relatively low but varied property crime incidents over the last five years. Larceny-theft had noticeable peaks in 2019 and 2020, signifying minor surges. Fraud cases spiked in 2021 with notable increases, whereas crimes like burglary and vandalism stayed consistent yet infrequent. Such trends could easily sway investor decisions, impact property valuations, and affect insurance premium... Read more
Property Crime Trends in Pierce County, ND Over the Last 5 Years
In Pierce County, North Dakota, property crime trends over the last five years show a relatively low but varied number of incidents. Larceny-theft appears consistently with peaks in 2019 and 2020, suggesting a mild surge in those years. Fraud incidents spiked markedly in 2021 with eight cases, while other property crimes like burglary and vandalism remained consistent but infrequent, indicating relatively stable safety conditions. These insights could influence investment decisions, property valuations for appraisers, and insurance premium assessments.
Demographics
The adult population in Pierce County, North Dakota, is fairly balanced between males and females, with education levels showing that a significant portion of residents have completed high school or have some college education. The age distribution indicates a notable number of residents are in the 55 to 64 and 65 to 74 age brackets, which could point to an aging population dynamic. Racially, the county appears predominantly white, with smaller representations of African American, American... Read more
Race Distribution in Pierce County, North Dakota (2022)
Educational Attainment in Pierce County, North Dakota (2022)
Age Distribution in Pierce County, North Dakota
Citizen Population in Pierce County, North Dakota (2022)
Political Trends & Data
Pierce County's real estate market could be subtly influenced by its political landscape, as demonstrated by the 2020 U.S. Presidential Election results where around 74% of votes leaned Republican and only about 23% favored Democrats. These voting patterns may hint at a predominantly conservative demographic, possibly affecting buyer preferences and community development trends. The minimal support for third-party candidates also suggests a fairly binary political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pierce County's voting trends in the 2020 U.S. Presidential Election suggest a strong Republican preference, with around 74% of votes cast for the GOP. Democrats garnered approximately 23%, showing significantly less support in comparison. The presence of third-party votes was minimal, with Libertarians capturing nearly 2% and other parties trailing far behind. This distribution could reflect the county's political leanings and possibly indicate a predominantly conservative electorate.
74.48% of voters voted for the Republican party in the 2020 Presidential Election
23.36% of voters voted for the Democrat party in the 2020 Presidential Election
1.79% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pierce County, North Dakota's student-to-teacher ratios have climbed from 8 in 2014 to roughly 13 since 2020. Although still below the national average of 14, this increase could affect classroom dynamics and teacher workload, potentially influencing student outcomes. These trends might be compelling for investors, educators, and families looking at the region, as lower ratios can indicate more personalized... Read more
Student-to-teacher ratio in Pierce County, North Dakota over the last 10 years
Pierce County, North Dakota has seen significant changes in its student-to-teacher ratios over the last decade. Starting from 8 in 2014 and steadily increasing, the ratio spiked dramatically to around 13 from 2020 onwards. Despite this uptick, the current figures still fall below the U.S. national average of 14 students per teacher. Such changes can impact classroom dynamics, teacher workload, and ultimately, student outcomes, making these trends particularly relevant for potential investors, educators, and families considering a move to the area. Lower ratios may suggest more individualized attention for students, which could be attractive to those valuing a more personalized educational experience.
