Brown County Real Estate and Livability Trends
In Brown County, South Dakota, the average taxable incomes soared from $61,265.94 in 2013 to $85,068.28 in 2021, hinting at economic vitality that could foster real estate developments. Median home values also surged, peaking at $200,400 in 2022, outstripping the national median and suggesting robust appreciation potential. Meanwhile, property crimes, including larceny-theft and motor vehicle... Read more
Brown County Market Trends
In Brown County, South Dakota, the median home values have been on the rise, peaking at $200,400 in 2022, outpacing the national median of $179,400. This growth suggests robust value appreciation potential. The residential energy tax credit saw a dramatic spike in 2018 to $2,971.43, hinting at significant local energy initiatives or economic shifts. Real estate taxes have notably increased, from... Read more
Median Value of Occupied Housing Units in Brown County, South Dakota Over the Last 8 Years
The median home values in Brown County, South Dakota have seen a consistent upward trend over the past eight years, peaking at $200,400 in 2022. This local growth trajectory appears aligned with state-level trends, as South Dakota's median home values also climbed steadily, reaching $219,500 in 2022. Both figures outpace the national median, which stood at $179,400 in the same year, suggesting that Brown County may offer robust value appreciation for potential investors. This could be particularly appealing to those looking to tap into a market with a demonstrated track record of growth.
Residential Energy Tax Credit Per Tax Return in Brown County, SD Over the Last 9 Years
In Brown County, South Dakota, the average residential energy tax credit per tax return has seen significant fluctuations over the past nine years. Particularly notable is the dramatic spike in 2018, where credits soared to $2,971.43, compared to the surrounding years where values mostly hovered between $520.00 and $865.00. This variability could be tied to changes in local energy initiatives, tax regulations, or economic conditions, making it essential for prospective homeowners, investors, and related professionals to stay informed about the potential financial incentives and trends in the area.
Average Real Estate Taxes Per Tax Return in Brown County, SD Over the Last 10 Years
Over the past decade, Brown County, South Dakota, has seen a significant upward trend in average real estate taxes per tax return. The increase from approximately $3,859.30 in 2012 to around $6,451.92 in 2021 suggests rising property values or possible adjustments in taxation policy. This substantial growth in real estate taxes might interest potential investors, property developers, and real estate professionals, indicating a possibly appreciating market. For current and prospective residents, this trend could imply higher homeownership costs over time.
Percentage of Farm Returns in Brown County, SD Over the Last 10 Years
Farm tax returns in Brown County, South Dakota, have shown a subtle but steady decline over the last decade, shifting from around 5.93% in 2012 to approximately 5.64% in 2021. This trend might suggest a gradual decrease in the number of active farm operations or profitability in the area, which could have implications for local investors and those looking to build property-based businesses reliant on agriculture. As farm returns factor heavily into the tax revenue and financial health of the county, potential residents and stakeholders should be aware of these dynamics when considering long-term investments.
Number of Mortgages by Occupancy Type in Brown County, SD Over the Last 5 Years in Brown County
Brown County, South Dakota has experienced notable trends in mortgage activity over the last five years, with principal residence mortgages leading by a significant margin yearly. Investment property mortgages have shown a gradual increase, peaking in 2022, while second residence mortgages stay consistently low. This shift in occupancy type highlights a possible increase in demand for rental properties, suggesting potential investment opportunities. Appraisers may find value trends influenced by this distribution, while insurance agents might note a rise in coverage requests for investment properties. Real estate agents and developers should recognize the steady interest in primary residences alongside rising investment potential, tailoring offerings accordingly.
Economic Outlook
Average taxable incomes in Brown County, South Dakota have been on a general upward trend over the last nine years, jumping from $61,265.94 in 2013 to $85,068.28 in 2021, with a notable spike between 2020 and 2021. This rising income level may signal improved economic health and opportunities for real estate development. Meanwhile, state and local income taxes have fluctuated significantly, with a substantial decline from $26,515.79 in 2012 to $10,026.67 in 2014, before peaking again at... Read more
Average Taxable Income per Tax Return in Brown County, SD over the last 9 years
Average taxable income per tax return in Brown County, South Dakota has shown a general upward trend over the last nine years, indicating a potentially healthier local economy which might appeal to investors and potential residents. Starting at approximately $61,265.94 in 2013, there has been a notable increase, peaking with an average of $85,068.28 in 2021. This rise, particularly sharp between 2020 and 2021, could suggest growing economic opportunities and an attractive environment for real estate development and business ventures, though fluctuations around 2016-2017 imply some volatility.
Average State and Local Income Taxes Per Tax Return in Brown County, SD Over the Last 10 Years
The average state and local income taxes per tax return in Brown County, South Dakota have seen significant fluctuations over the past decade, suggesting an unstable tax burden landscape. Notably, there was a sharp decline from $26,515.79 in 2012 to $10,026.67 by 2014, followed by varying levels until peaking again at $21,225.00 in 2021. These variations may be indicative of changing economic conditions, policy shifts, or adjustments in local income levels, which hold relevance for potential investors, real estate agents, and local residents planning their financial futures.
Average Total Tax Liability Per Tax Return in Brown County, SD Over the Last 10 Years
Over the last decade in Brown County, South Dakota, the average total tax liability per tax return has seen considerable fluctuations. Starting at $12,596.49 in 2012, the liability dropped to a low of $10,876.91 in 2019 before climbing significantly to $14,934.11 in 2021. This data could suggest an inconsistent economic landscape, impacting property values, investment stability, and financial planning for potential residents and investors alike. Understanding these oscillations is crucial for real estate agents, appraisers, and insurance agents assessing long-term trends and risks in this area.
Cost of Living in Brown County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,178 | $1,472 | $1,969 | $1,018 | $822 |
| 1 adult 4 children | $1,178 | $1,202 | $1,506 | $1,018 | $891 |
| 2 adults 3 children | $1,178 | $1,202 | $1,708 | $1,018 | $645 |
| 1 adult 3 children | $1,178 | $982 | $1,245 | $1,018 | $674 |
| 2 adults 2 children | $829 | $984 | $1,447 | $883 | $555 |
| 1 adult 2 children | $829 | $735 | $984 | $883 | $480 |
| 2 adults 1 child | $829 | $778 | $1,186 | $443 | $554 |
| 1 adult 1 child | $829 | $502 | $723 | $443 | $445 |
| 2 adults | $643 | $625 | $925 | $0 | $504 |
| 1 adult | $638 | $341 | $463 | $0 | $427 |
Safety trends & Data
Brown County, South Dakota's property crime trends over the last five years reveal fluctuating instances of larceny-theft, peaking at 104 cases in 2021. Burglary arrests have generally declined since 2019, while motor vehicle thefts spiked notably in 2021. Persistent high levels of vandalism also peaked in 2021 at 42 occurrences. These trends may be crucial for potential investors, real estate agents, and residents prioritizing property security and community... Read more
Property Crime Trends in Brown County, SD Over the Last 5 Years
Over the last five years, Brown County, South Dakota, has experienced fluctuating trends in property crimes, notably in larceny-theft, which peaked at 104 instances in 2021. Burglary arrests saw a decline after 2019, while motor vehicle thefts showed a notable increase in 2021. Vandalism remained persistently high, peaking in 2021 with 42 occurrences. These crime statistics provide valuable insights for potential investors, real estate agents, and residents concerned about property security and community safety.
Demographics
Brown County, South Dakota, shows an evenly matched gender distribution among adults, with a slight edge towards females. Educational attainment figures suggest that high school and some college education are common, highlighting potential areas for educational programs aiming at higher degrees. The age distribution indicates a balanced mix across various age groups, with noticeable percentages in both the younger and older cohorts. The racial makeup is predominantly White, with small but... Read more
Race Distribution in Brown County, South Dakota (2022)
Educational Attainment in Brown County, South Dakota (2022)
Age Distribution in Brown County, South Dakota
Citizen Population in Brown County, South Dakota (2022)
Political Trends & Data
In Brown County, South Dakota's real estate market, home prices may be impacted by the local conservative voting patterns, with around 60.3% favoring the Republican party in the 2020 election. This could hint at preferences for policies that are business-friendly, potentially making the county attractive for real estate investments. It’s also possible that community values could align with maintaining more traditional property landscapes, affecting development trends and zoning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Brown County, South Dakota, the 2020 U.S. Presidential Election saw a notable majority of votes leaning Republican at approximately 60.3%, while Democrats garnered around 37.3%. The Libertarian party received a modest 2.4% of the votes, with no significant support for the Green party or other candidates. This voting pattern suggests a strong conservative preference among the electorate in this county.
60.30% of voters voted for the Republican party in the 2020 Presidential Election
37.26% of voters voted for the Democrat party in the 2020 Presidential Election
2.44% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Brown County, South Dakota's student-to-teacher ratio has steadily remained around 11 to 12 students per teacher, compared to the national average of 14. This may reflect smaller class sizes, appealing to families seeking more individualized attention in education. The trend might indicate a competitive edge for the local education system, potentially boosting interest among prospective residents. For real estate agents, appraisers, and insurance agents, this could suggest higher property... Read more
Student-to-teacher ratio in Brown County, South Dakota over the last 10 years
Brown County, South Dakota's student-to-teacher ratio has hovered around 11 to 12 students per teacher over the past decade, consistently below the current national average of 14 students per teacher. This could potentially reflect smaller class sizes, which might appeal to families prioritizing more individualized attention in education. For real estate agents and prospective residents, this trend may indicate a competitive edge in the local education system, potentially driving interest in the area. Appraisers and insurance agents might also find value in this data, as better perceived educational environments can sometimes correlate with higher property values and lower risk factors.
