Stark County Real Estate and Livability Trends
Stark County, North Dakota's median home value rose from $206,200 in 2015 to $255,200 in 2022, outpacing both national and state trends. Real estate taxes peaked at $4,116.42 in 2020, possibly due to increased property values or local policy changes. Mortgage trends show a peak in loans for principal residences at 2,463 in 2020, dropping to 1,174 by 2022, which might suggest shifts in housing... Read more
Stark County Market Trends
Stark County, North Dakota's median home value jumped from $206,200 in 2015 to $255,200 in 2022, outpacing both national and state trends. Real estate taxes have risen notably, peaking at $4,116.42 in 2020, which could indicate increased property values or local policy shifts. Meanwhile, residential energy tax credits have fluctuated, with a high of $688.89 in 2021, hinting at variable energy... Read more
Median Value of Occupied Housing Units in Stark County, North Dakota Over the Last 8 Years
Stark County, North Dakota, has seen its median home value grow from $206,200 in 2015 to $255,200 in 2022. This is generally ahead of the trends seen nationally, where the median value rose from $125,500 to $179,400 over the same period, and also outpaced state-level data for North Dakota, which saw a rise from $153,800 to $232,500. For investors, home-buyers, and builders, Stark County appears to offer a robust growth opportunity compared to broader benchmarks.
Residential Energy Tax Credit Per Tax Return in Stark County, ND Over the Last 8 Years
Stark County, North Dakota has experienced fluctuating trends in residential energy tax credits over the last eight years. Noteworthy peaks occurred in 2014 with an average credit of $586.21, and in 2021 reaching $688.89 per tax return. There was also a notable increase from $362.50 in 2013 to $436.36 in 2017, followed by a dip in subsequent years. This variability could signal changing energy efficiency initiatives or economic conditions in the region, offering potential insights for investors, developers, and real estate professionals eyeing Stark County.
Average Real Estate Taxes Per Tax Return in Stark County, ND Over the Last 10 Years
Real estate taxes per tax return in Stark County, North Dakota have shown a general upward trend over the past decade. Starting around $2,509.81 in 2012, there was a significant increase with a spike to $3,201.98 in 2017 and peaked at $4,116.42 in 2020. Though there was a slight dip to $4,082.26 in 2021, the overall rise could signal factors such as increased property values or changing local government policies. This trend might be particularly relevant for investors, potential homebuyers, and those involved in property appraisals or insurance, indicating a possibly higher cost of property ownership in recent years.
Percentage of Farm Returns in Stark County, ND Over the Last 10 Years
The percentage of farm tax returns in Stark County, North Dakota over the last decade shows a generally stable trend, hovering around 6.10%. For potential investors or new residents, this data might suggest a stable agricultural sector, which could imply ongoing rural vitality and consistent land use for farming. Farm tax returns are essentially the annual filed income reports by individuals or businesses engaged in farming activities. This stability in returns may indicate a relatively resilient local farming economy despite changing economic conditions. Those interested in agricultural ventures, property investment, or rural living might find Stark County a promising location given its consistent agricultural activity.
Number of Mortgages by Occupancy Type in Stark County, ND Over the Last 5 Years in Stark County
Stark County, North Dakota, has experienced fluctuating mortgage volumes over the past five years, particularly for principal residences, which peaked at 2,463 in 2020 before declining to 1,174 in 2022. Mortgages for investment properties have remained relatively stable, hovering around the 80-90 mark, while second residence mortgages have consistently shown lower activity, with numbers staying in the single digits or low teens. These variations in mortgage types suggest shifts in housing demand and investment behavior, which are crucial for investors and real estate agents to monitor in order to adapt strategies and pricing. Builders and developers might need to consider these shifts to meet changing market demands efficiently, and insurance agents could also find these trends valuable for risk assessment and policy adjustments.
Economic Outlook
Stark County, North Dakota has seen its average taxable income per tax return peak at $70,321.43 in 2016, with current figures rebounding to $85,736.72 in 2021. Alongside, state and local income taxes per tax return have fluctuated, reaching a low in 2016 at $3,156.54 before spiking to $7,146.58 in 2019. Total tax liability has also varied, peaking at $19,337.41 in 2014. This economic volatility could influence property valuations, making it a crucial consideration for investors and real estate... Read more
Average Taxable Income per Tax Return in Stark County, ND over the last 9 years
Stark County, North Dakota has seen fluctuations in its average taxable income per tax return over the last nine years, peaking at $94,194.47 in 2014 before dropping to a low of $70,321.43 in 2016. Recent data indicates a rebound, with 2021 figures reaching $85,736.72. This volatility could be significant for investors and real estate agents, suggesting a potentially unstable economic environment but also highlighting periods of growth recovery that may present lucrative opportunities. Key for appraisers and insurance agents, these income trends can impact property valuations and insurance underwriting standards.
Average State and Local Income Taxes Per Tax Return in Stark County, ND Over the Last 10 Years
Over the past decade, Stark County, North Dakota has experienced fluctuating average state and local income taxes per tax return. After a peak of $6,458.01 in 2013, tax rates hit a significant low in 2016 at $3,156.54. However, there's been a recent uptick, with rates reaching as high as $7,146.58 in 2019 before settling at approximately $5,187.93 in 2021. These shifts might indicate economic variability, affecting potential investors, property builders, and real estate agents who should consider these trends when evaluating financial commitments in the area.
Average Total Tax Liability Per Tax Return in Stark County, ND Over the Last 10 Years
Stark County, North Dakota has experienced notable fluctuations in its average total tax liability per tax return over the past decade. The peak was seen in 2014 at $19,337.41, followed by a significant dip in 2016 to $11,605.99. Recent years show a modest recovery, with values stabilizing around $13,000 to $14,000. This variability in tax liability can be a key consideration for potential investors, homeowners, and real estate agents when assessing financial commitments and economic stability in the region.
Cost of Living in Stark County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,423 | $1,488 | $1,754 | $1,224 | $982 |
| 1 adult 4 children | $1,423 | $1,215 | $1,340 | $1,224 | $1,163 |
| 2 adults 3 children | $1,423 | $1,216 | $1,523 | $1,224 | $790 |
| 1 adult 3 children | $1,423 | $992 | $1,109 | $1,224 | $930 |
| 2 adults 2 children | $1,001 | $995 | $1,291 | $1,100 | $650 |
| 1 adult 2 children | $1,001 | $743 | $877 | $1,100 | $620 |
| 2 adults 1 child | $1,001 | $786 | $1,059 | $698 | $645 |
| 1 adult 1 child | $1,001 | $508 | $645 | $698 | $551 |
| 2 adults | $881 | $632 | $828 | $0 | $561 |
| 1 adult | $867 | $345 | $414 | $0 | $493 |
Safety trends & Data
In Stark County, North Dakota, property crime trends over the past five years reveal a notable decline in larceny-theft arrests, dropping from 97.00 in 2018 to 68.00 in 2022. However, burglary arrests have almost doubled, rising from 6.00 to 14.00 in the same period. While vandalism incidents remain relatively steady with minor fluctuations and motor vehicle thefts holding steady, these crime patterns are significant for real estate stakeholders. This data suggests a need for potential security... Read more
Property Crime Trends in Stark County, ND Over the Last 5 Years
Property crime trends in Stark County, North Dakota suggest varying shifts over the past five years. The county has experienced fluctuations in "Larceny - Theft" numbers, peaking at 97.0 arrests in 2018 but then lowering to 68.0 by 2022. Burglary arrests show an increasing trend, going from 6.0 in 2018 to 14.0 in 2022. Vandalism appears relatively consistent with minor upticks, while motor vehicle thefts have remained fairly steady. These crime trends are crucial for real estate agents and investors, as they hint at areas needing potential security improvements and impact property valuations. For those moving to or living in Stark County, understanding these patterns can help in making informed decisions about neighborhood safety and insurance needs.
Demographics
Stark County, North Dakota's population shows a slight gender imbalance with more males than females. The educational attainment highlights a strong emphasis on secondary education, with a significant portion holding a high school diploma or some college experience, though fewer possess graduate degrees. Age distribution skews younger with a notable cluster below 34, indicating a possibly vibrant younger demographic. The racial composition is predominantly White, with small but present African... Read more
Race Distribution in Stark County, North Dakota (2022)
Educational Attainment in Stark County, North Dakota (2022)
Age Distribution in Stark County, North Dakota
Citizen Population in Stark County, North Dakota (2022)
Political Trends & Data
Stark County, North Dakota, shows a significant conservative tilt, with around 80% of votes in the 2020 Presidential Election favoring the GOP and Democrats securing only about 17%. Libertarian and other minor party support was negligible, hinting at a prevailing two-party dominance. This political balance might suggest a strong conservative influence shaping local policy and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Stark County, North Dakota, appears to lean heavily Republican, with approximately 80% of the vote in the 2020 Presidential Election supporting the GOP. Meanwhile, Democrats garnered around 17%, suggesting a significant but smaller base. Libertarians and other minor parties captured a minimal share of the vote, hinting at a political landscape largely dominated by the two primary parties. This voting pattern could imply a strong conservative influence within the county.
80.47% of voters voted for the Republican party in the 2020 Presidential Election
16.60% of voters voted for the Democrat party in the 2020 Presidential Election
2.63% of voters voted for the Livertarian party in the 2020 Presidential Election
0.30% of voters voted for the Other party in the 2020 Presidential Election
School Data
Stark County, North Dakota boasts a student-to-teacher ratio of around 12, notably lower than the national average of 14. This lower ratio implies more personalized attention for students, hinting at potentially better educational outcomes. For homebuyers, investors, and developers, this could make the area more attractive, emphasizing a strong and supportive school system. Appraisers and insurance agents might view this as a sign of community stability, enhancing property... Read more
Student-to-teacher ratio in Stark County, North Dakota over the last 10 years
Stark County, North Dakota's student-to-teacher ratio has generally hovered around 12 students per teacher over the past decade, which is below the national average of 14 students per teacher. This relatively low ratio indicates more personalized attention for students, potentially translating to better educational outcomes. For investors and those looking to move, this could suggest a more appealing school system. For real estate agents and developers, promoting the area's favorable ratio could entice families. Appraisers and insurance agents might also see this as a signal of community stability and value.
