Rolette County Real Estate and Livability Trends
Rolette County, North Dakota has shown steady economic growth with average taxable income per tax return rising from $41,465.95 in 2013 to $55,848.27 in 2021. Property values have climbed from $69,000 in 2015 to $90,200 in 2022, making it an attractive, affordable investment compared to state and national medians. The county's consistently low student-to-teacher ratio, ranging from 9 to 12,... Read more
Rolette County Market Trends
Rolette County, North Dakota has seen its median home value increase from $69,000 in 2015 to $90,200 in 2022, presenting a more affordable investment opportunity compared to the state's median of $232,500 and the national median of $179,400. Fluctuations in residential energy tax credits, from $233.33 in 2014 and 2017 to $366.67 in 2021, may hint at evolving energy efficiency initiatives. Real... Read more
Median Value of Occupied Housing Units in Rolette County, North Dakota Over the Last 8 Years
Rolette County, North Dakota has seen its median home values increase from $69,000 in 2015 to $90,200 in 2022. While this represents a significant rise, it's still far below both the North Dakota state median of $232,500 and the national median of $179,400 for 2022. This may suggest that Rolette County presents a more affordable investment opportunity compared to other regions, with potential for value growth. For those considering relocating or developing property, understanding this price gap could be highly strategic.
Residential Energy Tax Credit Per Tax Return in Rolette County, ND Over the Last 7 Years
Rolette County, North Dakota, has seen notable fluctuations in residential energy tax credits over the last seven years. The average amount per tax return ranged from $233.33 in 2014 and 2017 to a high of $366.67 in 2021. These shifts could indicate evolving energy efficiency initiatives and varying investment levels in energy-saving home improvements. Potential homeowners, real estate investors, and insurance agents might find these trends relevant for assessing long-term property values and the minimal yet impactful role of energy credits in reducing annual tax burdens.
Average Real Estate Taxes Per Tax Return in Rolette County, ND Over the Last 7 Years
Over the past seven years in Rolette County, North Dakota, real estate taxes per tax return have shown considerable fluctuation, with a noticeable spike to $4,200.00 in 2018. Overall, taxes have varied from a low of $1,730.00 in 2015 to more stable years like 2017 at around $2,172.73. This variability could impact property valuation, insurance rates, and investment decisions, underscoring the need for due diligence when it comes to assessing real estate opportunities in the area.
Percentage of Farm Returns in Rolette County, ND Over the Last 10 Years
Rolette County, North Dakota has seen a generally stable trend in the percentage of farm tax returns over the past decade, hovering around the 7.5% to 8.7% range, with a slight dip in 2020 to approximately 7.1%. Farm tax returns represent the portion of tax filings attributable to farming activities, providing insight into the agricultural economic base of the region. This stability may suggest a consistent agricultural presence which could be beneficial for potential investors or new residents involved in or reliant on farming and agricultural support services. These figures are useful for understanding the economic landscape, particularly for those looking into agro-based business opportunities or rural living.
Number of Mortgages by Occupancy Type in Rolette County, ND Over the Last 5 Years in Rolette County
Over the last five years, Rolette County, North Dakota has shown a strong predominance of mortgages for principal residences, though there’s a subtle but noticeable uptick in investment properties since 2018. Investors might see this as a signal of emerging rental or resale opportunities. For real estate agents, the steady, albeit small, number of second residence mortgages points to a niche market. These nuances in occupancy types can impact everything from property values to insurance premiums, providing valuable insights for appraisers and those considering building or purchasing property in the area. The fluctuations can also inform predictive models about economic stability and real estate demand in Rolette County.
Economic Outlook
Rolette County, North Dakota has steadily grown in average taxable income per tax return from $41,465.95 in 2013 to $55,848.27 in 2021, hinting at economic growth and increased earning power for its residents. Meanwhile, state and local income taxes have fluctuated, peaking at $4,683.33 in 2013 and dropping to $2,272.73 in 2016, potentially suggesting a more favorable tax environment in recent years. Total tax liabilities have also varied, rising from $6,319.77 in 2012 to a high of $7,518.83 in... Read more
Average Taxable Income per Tax Return in Rolette County, ND over the last 9 years
Rolette County, North Dakota has seen a steady increase in average taxable income per tax return over the past nine years, growing from $41,465.95 in 2013 to $55,848.27 in 2021. This upward trend indicates potential economic growth and enhanced earning power for residents, signaling a positive environment for investment and property development. For real estate agents, insurance agents, and those considering a move, this pattern may point to a thriving community with increasing financial stability.
Average State and Local Income Taxes Per Tax Return in Rolette County, ND Over the Last 6 Years
Over the past six years, Rolette County, North Dakota, has seen fluctuating average state and local income taxes per tax return, peaking at $4,683.33 in 2013 and dipping to $2,272.73 in 2016. This variability may indicate economic shifts or changes in tax policy, potentially impacting decision-making for investors and property developers. Lower averages in recent years could signal a more favorable tax environment for new businesses or residents considering a move. Keep a close eye on these trends as they could influence property values and investment returns.
Average Total Tax Liability Per Tax Return in Rolette County, ND Over the Last 10 Years
Rolette County, North Dakota, has experienced fluctuating average total tax liabilities per tax return over the past decade. Between 2012 and 2021, liability generally rose from $6,319.77 to a peak of $7,518.83 in 2021, suggesting a probable increase in either incomes or tax rates. This variability highlights potential financial trends that could interest investors, property builders, and real estate agents considering the economic backdrop of the area. It may also be relevant for insurance agents and appraisers who need to assess the financial health and risk factors of the local population.
Cost of Living in Rolette County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,027 | $1,456 | $1,754 | $823 | $748 |
| 1 adult 4 children | $1,027 | $1,189 | $1,340 | $823 | $864 |
| 2 adults 3 children | $1,027 | $1,189 | $1,523 | $823 | $582 |
| 1 adult 3 children | $1,027 | $971 | $1,109 | $823 | $608 |
| 2 adults 2 children | $826 | $974 | $1,291 | $739 | $537 |
| 1 adult 2 children | $826 | $727 | $877 | $739 | $489 |
| 2 adults 1 child | $826 | $769 | $1,059 | $470 | $575 |
| 1 adult 1 child | $826 | $497 | $645 | $470 | $480 |
| 2 adults | $628 | $618 | $828 | $0 | $516 |
| 1 adult | $623 | $337 | $414 | $0 | $443 |
Safety trends & Data
Property crime trends in Rolette County, North Dakota, have shown some significant shifts over the past five years. Burglaries peaked at 18 incidents in 2020 but declined to 10 by 2022. Larceny-theft incidents fell dramatically, reaching just 2 cases in 2021. Motor vehicle theft remained relatively stable, showing a slight dip from 16 incidents in 2018 to 7 in 2022. However, vandalism surged from 4 cases in 2020 to 16 in 2022. These fluctuating crime dynamics might be crucial for investors,... Read more
Property Crime Trends in Rolette County, ND Over the Last 5 Years
Over the past five years in Rolette County, North Dakota, property crimes have shown some notable fluctuations. Burglary levels saw a peak in 2020 with 18 incidents but have gradually declined to 10 in 2022. Larceny-theft incidents dropped sharply after 2018, bottoming out at just 2 in 2021. Motor vehicle theft appears relatively stable but slightly dipped from 16 in 2018 to 7 in 2022. The most striking surge is in vandalism, which jumped from a mere 4 cases in 2020 to 16 in 2022. These trends could indicate shifting crime dynamics, which might be essential for investors, real estate agents, and insurance professionals to consider when evaluating opportunities in the area.
Demographics
Rolette County, North Dakota shows a fairly balanced gender distribution, leaning slightly towards more females. The education levels suggest a community with a strong high school graduation and some college attendance, though fewer attain graduate or professional degrees. Age-wise, the county has a considerable young population under 10 and a notable drop in numbers as age increases. Racially, the population is predominantly American Indian and Alaska Native, with a smaller number of White... Read more
Race Distribution in Rolette County, North Dakota (2022)
Educational Attainment in Rolette County, North Dakota (2022)
Age Distribution in Rolette County, North Dakota
Citizen Population in Rolette County, North Dakota (2022)
Political Trends & Data
In Rolette County, North Dakota, the 2020 U.S. Presidential Election leaned heavily Democratic, with Democrats possibly capturing around 65% of the vote while Republicans garnered approximately 33%. Alternative parties collectively accounted for a minimal portion of the votes, suggesting a strong two-party preference. This trend may indicate significant political leanings that shape local and state-level decision-making, possibly influencing policy priorities and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Rolette County, North Dakota, the 2020 U.S. Presidential Election leaned heavily Democratic, with Democrats possibly capturing around 65% of the vote compared to Republicans who garnered approximately 33%. Alternative parties like Libertarians and others collectively accounted for a minimal portion of the votes, suggesting a strong two-party preference among voters in this region. This trend could indicate significant political leanings and community priorities that shape local and state-level decision-making.
33.04% of voters voted for the Republican party in the 2020 Presidential Election
65.25% of voters voted for the Democrat party in the 2020 Presidential Election
1.58% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Rolette County, North Dakota, has been consistently below the national average of 14 students per teacher, fluctuating between 9 and 12 students per teacher over the last decade. Investors and real estate agents could leverage this as a selling point to attract families, indicating smaller class sizes and potentially richer educational experiences. Builders and developers might find opportunities in community-based projects that support these strengths,... Read more
Student-to-teacher ratio in Rolette County, North Dakota over the last 10 years
The student-to-teacher ratio in Rolette County, North Dakota, has hovered below the national average of 14 students per teacher over the last decade, with values fluctuating between 9 and 12 students per teacher. For investors, low student-to-teacher ratios frequently hint at smaller class sizes, which might appeal to families considering relocation. Real estate agents could position this as a key selling point, while insurance agents and appraisers might infer a stable or favorable educational environment. builders and developers might see potential in supporting these educational strengths through community-based projects.
