Walsh County Real Estate and Livability Trends
Walsh County, North Dakota has seen a general upward trend in average taxable income per tax return, with an increase from $59,977.11 in 2013 to $78,059.96 in 2021, hinting at rising prosperity among residents. Meanwhile, median home values have climbed from $75,400 in 2015 to $111,700 in 2022, remaining attractively low compared to the state and national averages, which may present investment... Read more
Walsh County Market Trends
Median home values in Walsh County, North Dakota, have climbed from $75,400 in 2015 to $111,700 in 2022, yet they remain significantly lower than the North Dakota and national averages. Despite higher real estate taxes rising from $2,525 in 2012 to $4,300 in 2021, housing prices in Walsh County are still attractively low, presenting potential opportunities for investors and homebuyers.... Read more
Median Value of Occupied Housing Units in Walsh County, North Dakota Over the Last 8 Years
Median home values in Walsh County, North Dakota, have shown a steady upward trend over the past eight years, climbing from $75,400 in 2015 to $111,700 in 2022. Although these figures reveal significant growth locally, Walsh County's home prices remain considerably lower than both the state and national averages. For perspective, the median value in North Dakota rose from $153,800 in 2015 to $232,500 in 2022, while national median home values increased from $125,500 to $179,400 in the same period. This disparity could signal potential opportunities for investors seeking more affordable real estate markets, and a lower cost of entry for those looking to move to or build property in this area of North Dakota.
Residential Energy Tax Credit Per Tax Return in Walsh County, ND Over the Last 8 Years
Walsh County, North Dakota, has seen fluctuating residential energy tax credits per tax return over the past eight years, with notable peaks in 2014 at $430.00 and 2019 at $475.00. This variability indicates that investments in energy-efficient home improvements can yield substantial tax benefits for residents, making it an attractive consideration for prospective homebuyers and current homeowners. For real estate agents and property appraisers, these trends highlight potential value-adds when marketing or evaluating homes. Insurance agents might also find the data useful for assessing risk profiles and offering policy incentives.
Average Real Estate Taxes Per Tax Return in Walsh County, ND Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Walsh County, North Dakota have shown a marked increase, rising from approximately $2,525 in 2012 to around $4,300 in 2021. Notable spikes in 2016 and 2020 suggest potential impacts from local economic developments or policy changes. These trends could signal increased property values and consequently, higher costs for homeowners and investors. For potential buyers, understanding these tax trends is crucial for financial planning, while real estate agents and insurance agents need to consider the implications for market dynamics and risk assessment.
Percentage of Farm Returns in Walsh County, ND Over the Last 10 Years
Over the last decade, Walsh County, North Dakota has seen slight fluctuations in the percentage of farm tax returns, oscillating between approximately 12.59% and 13.53%. Farm tax returns, an important financial indicator in agricultural regions, reflect the number of filed tax returns attributed to farming incomes. Investors, developers, and new residents might find these trends insightful as they suggest relative stability in the agricultural sector, a key aspect in areas heavily reliant on farming. Understanding these percentages could be crucial for gauging economic health, potential growth or stability in this largely rural county, impacting decisions on land investments and community planning.
Number of Mortgages by Occupancy Type in Walsh County, ND Over the Last 5 Years in Walsh County
Over the last five years, Walsh County, North Dakota, has shown a substantial majority of mortgages allocated towards principal residences, with figures consistently above 185 annually. Investment properties, although significantly fewer, saw a noticeable spike in 2021, peaking at 24 from the usual 6-10. Second residences remained minimally impacted, with figures barely crossing single digits. These shifts suggest a stable to growing confidence among residents in homeownership and potential interest from investors, particularly in 2021, which could translate to a higher demand for residential services and amenities. For investors and real estate agents, the volatility in investment property mortgages hints at periods of emerging opportunities. Meanwhile, appraisers and insurance agents might find the consistency in principal residence mortgages indicative of a steady market, beneficial for valuation and risk assessment purposes.
Economic Outlook
Over the past nine years, Walsh County, North Dakota has seen a general upward trend in average taxable income per tax return, rising from $59,977.11 in 2013 to $78,059.96 in 2021. This could hint at increasing economic activity or rising prosperity among residents. Meanwhile, average state and local income taxes per tax return have fluctuated, with notable lows and highs affecting the financial landscape. Additionally, the average total tax liability per tax return saw a decline from 2012's... Read more
Average Taxable Income per Tax Return in Walsh County, ND over the last 9 years
Over the past nine years, Walsh County, North Dakota has generally observed an upward trend in average taxable income per tax return, from $59,977.11 in 2013 to $78,059.96 in 2021. This trend might indicate growing economic activity or increasing prosperity among residents. The notable rise in 2021 suggests a significant shift, which could be of interest for investors, real estate agents, and appraisers considering the area. Building property or moving to Walsh County could potentially bring financial advantages, but potential fluctuations are worth taking into consideration.
Average State and Local Income Taxes Per Tax Return in Walsh County, ND Over the Last 10 Years
Over the last decade, Walsh County, North Dakota has seen fluctuating trends in average state and local income taxes per tax return. In 2012, the average was $5,151.22, peaking slightly in 2013 to $5,245.00 before experiencing a notable dip in subsequent years, reaching a low of $3,174.29 in 2017. However, 2018 showed a recovery to $4,166.67, followed by another period of decline until it climbed back to $4,762.50 in 2021. These shifts could indicate changing economic conditions and should be considered by potential investors, appraisers, and real estate agents analyzing the financial landscape of the county.
Average Total Tax Liability Per Tax Return in Walsh County, ND Over the Last 10 Years
In Walsh County, North Dakota, the average total tax liability per tax return over the last decade shows a general decline from 2012’s high of $10,936.38 to a low point in 2018 of $8,775.26, followed by a notable rebound peaking at $11,447.03 in 2021. This fluctuation likely indicates underlying economic shifts affecting taxable income, potentially making it of interest for anyone considering investments or property developments in the area. Interested stakeholders might view this as a reflection of the economic dynamics and fiscal health of Walsh County.
Cost of Living in Walsh County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,060 | $1,492 | $1,754 | $848 | $792 |
| 1 adult 4 children | $1,060 | $1,218 | $1,340 | $848 | $919 |
| 2 adults 3 children | $1,060 | $1,219 | $1,523 | $848 | $614 |
| 1 adult 3 children | $1,060 | $995 | $1,109 | $848 | $658 |
| 2 adults 2 children | $826 | $998 | $1,291 | $773 | $557 |
| 1 adult 2 children | $826 | $745 | $877 | $773 | $512 |
| 2 adults 1 child | $826 | $789 | $1,059 | $527 | $597 |
| 1 adult 1 child | $826 | $509 | $645 | $527 | $499 |
| 2 adults | $650 | $633 | $828 | $0 | $530 |
| 1 adult | $646 | $346 | $414 | $0 | $451 |
Safety trends & Data
In Walsh County, North Dakota, property crime trends have been fluctuating, offering nuanced insights for potential investors and property owners. Notably, burglary incidents spiked to seven in 2020 but plummeted to just one by 2022. Vandalism peaked with six arrests in 2019, yet it has seen mostly low to moderate levels. Larceny-theft varied, hitting 13.0 cases in 2018, then reduced to 6.0 by 2022. Occasional spikes in fraud and forgery suggest isolated issues rather than a consistent problem.... Read more
Property Crime Trends in Walsh County, ND Over the Last 5 Years
Walsh County, North Dakota has shown fluctuating trends in property crimes over the past five years. Burglary peaked in 2020 with seven incidents but dropped to just one by 2022. Vandalism saw a high in 2019 with six arrests but has generally remained low to moderate. Larceny-theft remains variable, reaching as high as 13.0 cases in 2018 before tapering to 6.0 by 2022. Notably, fraud and forgery did appear sporadically, reflecting potential isolated spikes rather than consistent issues. These trends could be significant for potential investors, property owners, and local authorities looking to understand or address crime dynamics in the area.
Demographics
In Walsh County, North Dakota, there's a nearly equal split between male and female adults. The majority are high school graduates, with a significant portion having some college education or an associate's degree. There's a balanced distribution across age groups, although those 55 and older represent a notable segment. The county is predominantly White, with very small percentages of Black, American Indian, Asian, and other races. These trends suggest a community with a stable and mature... Read more
Race Distribution in Walsh County, North Dakota (2022)
Educational Attainment in Walsh County, North Dakota (2022)
Age Distribution in Walsh County, North Dakota
Citizen Population in Walsh County, North Dakota (2022)
Political Trends & Data
Walsh County, North Dakota, demonstrated a strong Republican preference in the 2020 U.S. Presidential Election, with nearly 70% of the vote going to the party. Democrats captured just under 28%, while Libertarians and other parties combined failed to reach 3%. This dominant political leaning suggests that future campaigns and policies need to align closely with Republican values to gain traction in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Walsh County, North Dakota, the 2020 U.S. Presidential Election results showed a significant lead for the Republican party, capturing nearly 70% of the vote. Democrats garnered just under 28%, while Libertarians and other parties barely made a dent, with Libertarians at roughly 2% and other parties combined under 1%. This trend indicates a strong Republican presence in the county, suggesting that any future campaigns, policies, or initiatives will likely need to acknowledge and address this political leaning to resonate effectively with its residents.
69.50% of voters voted for the Republican party in the 2020 Presidential Election
27.87% of voters voted for the Democrat party in the 2020 Presidential Election
1.99% of voters voted for the Livertarian party in the 2020 Presidential Election
0.65% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Walsh County, North Dakota has fluctuated between ten and seven students per teacher over the past decade, consistently staying below the national average of fourteen. This could be a significant draw for potential residents seeking personalized education for their children, and a strong selling point for real estate agents marketing family-friendly communities. The lower ratios might also hint at higher educational costs, possibly influencing local property... Read more
Student-to-teacher ratio in Walsh County, North Dakota over the last 10 years
The student-to-teacher ratio in Walsh County, North Dakota has fluctuated over the past decade, peaking at nearly ten students per teacher in 2020 and dipping as low as about seven in 2014 and 2019. Despite these variations, the ratios have consistently remained well below the current national average of fourteen students per teacher, signaling potentially smaller class sizes. This trend could be appealing for prospective residents who prioritize personalized education, as well as for investors and real estate agents marketing family-friendly communities. Lower ratios may also suggest higher costs for educational institutions, which could impact local property taxes and appeal to insurance agents and appraisers.
