Williams County Real Estate and Livability Trends
Williams County, North Dakota's median home values have consistently outperformed state and national averages, stabilizing around $255,000 by 2022. Real estate taxes jumped from $2,972.34 per return in 2017 to $3,958.90 by 2021, possibly reflecting increased property values or local tax changes. Significant fluctuations in residential energy tax credits, particularly a spike to $1,766.67 in 2018,... Read more
Williams County Market Trends
Williams County, North Dakota's median home values have remained higher than state and national averages over the past eight years, with values peaking at $256,000 in 2018 before stabilizing around $255,000 by 2022. Significant volatility in residential energy tax credits, spiking to $1,766.67 in 2018, hints at varying investments in energy-efficient home improvements. Real estate taxes have also... Read more
Median Value of Occupied Housing Units in Williams County, North Dakota Over the Last 8 Years
Over the last eight years, median home values in Williams County, North Dakota have experienced fluctuations but generally remained higher than both state and national averages. Starting from $201,400 in 2015, the county saw values rise and fall, peaking at $256,000 in 2018 before a slight dip and another rise to $255,000 by 2022. This pattern contrasts with a more consistent growth in North Dakota, where the median home value climbed from $153,800 in 2015 to $232,500 in 2022. Nationally, the increase has been steady, from $125,500 in 2015 to $179,400 in 2022. For investors and homeowners, this volatility in Williams County could indicate a responsive and potentially lucrative market, albeit with risks tied to sudden value shifts.
Residential Energy Tax Credit Per Tax Return in Williams County, ND Over the Last 9 Years
Over the past nine years, Williams County, North Dakota has seen significant fluctuations in the average residential energy tax credit per tax return. Starting at roughly $326.83 in 2013, this figure rose sharply to $659.26 by 2015 and continued climbing, peaking at $1,766.67 in 2018. Although there was a dip in 2019 and 2020, the average bounced back to approximately $1,761.54 in 2021. This volatility could indicate changes in local energy policies or varying investment in energy-efficient home improvements, making it a dynamic area for both residential investors and real estate professionals to watch.
Average Real Estate Taxes Per Tax Return in Williams County, ND Over the Last 10 Years
Over the past decade, real estate taxes in Williams County, North Dakota, have generally trended upward. Notably, there has been a significant jump starting around 2017, with taxes increasing from approximately $2,972.34 per return to $3,958.90 in 2021. This surge could imply rising property values or changes in local tax policies, which prospective homeowners, investors, and real estate professionals might find relevant.
Percentage of Farm Returns in Williams County, ND Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Williams County, North Dakota, has shown slight fluctuations with an overall downward trend. Starting from 5.41% in 2012, the percentage dipped to around 4.66% by 2021. Farm tax returns, essentially the income taxpayers report from farming activities, are critical for gauging the economic health of the agricultural sector. For investors and residents, this small decline could suggest a gradual shift in the local economy or changes in the agricultural landscape. Potential developments in property and business could be influenced by this subtle yet ongoing change in farm-related economic activity.
Number of Mortgages by Occupancy Type in Williams County, ND Over the Last 5 Years in Williams County
Williams County, North Dakota has experienced fluctuations in the number of mortgages for different occupancy types over the past five years. Notably, principal residences dominate mortgage counts, reaching peaks in 2020 with 2094 mortgages, while investment properties and second residences consistently trail far behind. Understanding these trends is crucial for investors, real estate agents, and other stakeholders as shifts in principal residences can indicate broader market stability or community growth. For appraisers and insurance agents, these trends might reflect changes in property values and associated risks, influencing their assessments and policy recommendations.
Economic Outlook
Williams County, North Dakota has shown considerable fluctuations in average taxable income per tax return, peaking at $121,168.33 in 2014 and dipping to $79,667.99 in 2016, with more stable averages around $93,921.67 in 2021. Similarly, state and local income taxes have seen sharp changes, from $12,340.98 in 2013 to a low of $3,764.24 in 2017, recovering to $6,171.43 by 2021. These trends are mirrored in the total tax liability, peaking at $30,700.73 in 2012 and stabilizing between $13,481.08... Read more
Average Taxable Income per Tax Return in Williams County, ND over the last 9 years
Williams County, North Dakota has experienced notable fluctuations in average taxable income per tax return over the past nine years. Peaking at around $121,168.33 in 2014, the average then saw a substantial dip, hitting a low of approximately $79,667.99 in 2016. After a period of recovery, the income levels are more stable, averaging around $93,921.67 in 2021. These trends might impact perceptions of economic stability and growth potential in the area, crucial for real estate agents, investors, and anyone considering a move.
Average State and Local Income Taxes Per Tax Return in Williams County, ND Over the Last 10 Years
Over the past decade, Williams County, North Dakota has seen a fluctuating trend in average state and local income taxes per tax return. Starting at $12,116.55 in 2012 and peaking in 2013 at $12,340.98, taxes then declined sharply, hitting a low of $3,764.24 in 2017. Recent years have seen a slight recovery, with 2021 averaging $6,171.43. These changes are likely tied to local economic conditions and may impact decisions for potential investors, residents, and real estate stakeholders considering this area.
Average Total Tax Liability Per Tax Return in Williams County, ND Over the Last 10 Years
Williams County, North Dakota has seen noteworthy fluctuations in its average total tax liability per tax return over the past decade. The highest recorded value was in 2012 at approximately $30,700.73, followed by a significant drop to around $26,342.39 in 2013 and $19,883.37 in 2015. Notably, there's been a gradual recovery since 2016, with the tax liability stabilizing between $13,481.08 in 2020 and $16,293.51 in 2021. These trends might be of interest to investors and real estate agents by reflecting the local economic conditions and possibly indicating market shifts or changes in household income levels.
Cost of Living in Williams County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,526 | $1,520 | $1,754 | $1,202 | $1,011 |
| 1 adult 4 children | $1,526 | $1,241 | $1,340 | $1,202 | $1,197 |
| 2 adults 3 children | $1,526 | $1,242 | $1,523 | $1,202 | $816 |
| 1 adult 3 children | $1,526 | $1,014 | $1,109 | $1,202 | $963 |
| 2 adults 2 children | $1,074 | $1,017 | $1,291 | $1,080 | $661 |
| 1 adult 2 children | $1,074 | $759 | $877 | $1,080 | $634 |
| 2 adults 1 child | $1,074 | $803 | $1,059 | $683 | $656 |
| 1 adult 1 child | $1,074 | $519 | $645 | $683 | $562 |
| 2 adults | $939 | $645 | $828 | $0 | $572 |
| 1 adult | $840 | $352 | $414 | $0 | $481 |
Safety trends & Data
Property crime trends in Williams County, North Dakota exhibit notable fluctuations, particularly in larceny-theft incidents, ranging from 227 in 2018 and 2020 to a low of 112 in 2021. Vandalism has remained relatively stable, generally in the 30s. Burglary incidents show sporadic patterns, peaking at 20 in 2020, dropping to 11 in 2021, and slightly rising to 17 in 2022. Motor vehicle thefts have seen minimal variation, staying in the single digits to low teens. These trends might impact... Read more
Property Crime Trends in Williams County, ND Over the Last 5 Years
Property crime trends in Williams County, North Dakota show a significant fluctuation in larceny-theft incidents, with numbers ranging from a high of 227 in 2018 and 2020 to a low of 112 in 2021. Vandalism has seen a relatively stable occurrence, generally hovering around the 30s. Burglary incidents appear sporadic, peaking at 20 in 2020 and dropping to 11 by 2021, then slightly increasing again to 17 in 2022. Motor vehicle thefts have seen marginal variation, consistently remaining in the single digits to low teens. Potential investors, real estate agents, and insurance professionals may find these trends particularly relevant when assessing property values, insurance rates, and community safety.
Demographics
Williams County, North Dakota shows a substantial male population at around 14,339 compared to 11,875 females. The county’s educational attainment is mainly composed of high school graduates and those with some college, yet only a modest proportion reach Bachelor's or advanced degrees. Age distribution reveals a strong presence of residents under 10 years old as well as those in the 25 to 34 age range, hinting at both young families and working-age adults. The racial landscape is... Read more
Race Distribution in Williams County, North Dakota (2022)
Educational Attainment in Williams County, North Dakota (2022)
Age Distribution in Williams County, North Dakota
Citizen Population in Williams County, North Dakota (2022)
Political Trends & Data
Williams County, North Dakota, displays a dominant Republican preference with nearly 82% voter support, dwarfing the Democratic vote at about 15%. Libertarians and other parties make up a minimal portion of the electorate. This strong conservative trend may shape local policies and candidate agendas, potentially impacting issues like property regulations and tax... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Williams County, North Dakota, shows a strong Republican preference, with nearly 82% of the vote leaning that way, significantly overshadowing the Democratic vote at around 15%. Libertarians hold a minor presence with just over 2%, and other parties barely register. This trend suggests that Williams County is overwhelmingly conservative, which could influence local policies and candidate priorities.
81.90% of voters voted for the Republican party in the 2020 Presidential Election
15.13% of voters voted for the Democrat party in the 2020 Presidential Election
2.53% of voters voted for the Livertarian party in the 2020 Presidential Election
0.45% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Williams County, North Dakota, the student-to-teacher ratio over the past decade has seen fluctuations, generally staying between 12 and 15 students per teacher, averaging around the national figure of 14. Investors, real estate agents, and families may find this data crucial since lower ratios often indicate more personalized student attention, potentially driving housing demand. Appraisers, insurance agents, and developers might also see value in this trend, with better educational... Read more
Student-to-teacher ratio in Williams County, North Dakota over the last 10 years
Over the last decade, the student-to-teacher ratio in Williams County, North Dakota has fluctuated, ranging between 12 and 15 students per teacher, with an average hovering close to the national average of 14 students per teacher. These numbers could be pivotal for potential investors, real estate agents, and families deciding to move to the area, as a lower student-to-teacher ratio often signifies more personalized attention for students. For appraisers and insurance agents, trends in ratios might influence the perceived value and risk factors associated with educational facilities. Additionally, builders and real estate developers may find this data useful in planning new properties, as a more favorable education environment can increase home demand and value in the region.
