Campbell County Real Estate and Livability Trends
Campbell County, South Dakota, has seen a substantial rise in average taxable income, peaking at $79,526.03 in 2021, which could entice investors and homebuyers eyeing economic potential. Median home values increased 34%, reaching $80,300 in 2022, still offering affordability compared to wider state trends. The county’s low student-to-teacher ratio, consistently below the national average, adds... Read more
Campbell County Market Trends
Campbell County has experienced a notable 34% rise in median home values from $59,800 in 2015 to $80,300 in 2022, still trailing South Dakota's state-wide surge from $140,500 to $219,500. This local market remains relatively affordable compared to national figures, which may attract budget-conscious homebuyers and investors seeking lower entry points. Real estate taxes have shown fluctuations,... Read more
Median Value of Occupied Housing Units in Campbell County, South Dakota Over the Last 8 Years
Campbell County has seen its median home value surge from $59,800 in 2015 to $80,300 in 2022. While this 34% increase is significant, it still lags behind South Dakota's state-wide jump from $140,500 to $219,500 over the same period. Comparing Campbell County to the national scale, where median values rose from $125,500 to $179,400, it’s clear this local market remains relatively affordable. These trends might be appealing for investors seeking lower entry points or homebuyers looking for more budget-friendly options within South Dakota.
Average Real Estate Taxes Per Tax Return in Campbell County, SD Over the Last 6 Years
Over the past six years, real estate taxes per tax return in Campbell County, South Dakota have exhibited some notable fluctuations. After a high of $2,025.00 in 2013, taxes dipped to $1,725.00 in 2015 and $1,650.00 by 2017, showing a somewhat inconsistent trend. This could imply a variable tax environment that might influence decisions for potential investors, property developers, and those considering relocation. Moreover, these fluctuations may be relevant to appraisers and insurance agents when assessing the market stability and fiscal policies in the region.
Percentage of Farm Returns in Campbell County, SD Over the Last 10 Years
Over the past decade in Campbell County, South Dakota, the percentage of farm tax returns has hovered around 32.16% to 35.14%. This steady rate suggests a stable agricultural base, which likely provides some economic reliability and minimal volatility for potential investors. Farm tax returns indicate the number of tax filings that are categorized under farming activities, offering insights into the prevalence and stability of agricultural operations in the area. For those considering moving to or investing in Campbell County, these figures could imply a resilient farming community, which might contribute to steadier property values and local economic conditions.
Number of Mortgages by Occupancy Type in Campbell County, SD Over the Last 5 Years in Campbell County
Campbell County, South Dakota has seen fluctuating trends in mortgage counts over the last five years, predominately within the Principal Residence category. Sharp peaks were noted in 2021, suggesting potential market events or policy impacts. Investment Property and Second Residence mortgages remained relatively low, indicating limited interest in these areas. This variability matters for investors eyeing stability, real estate agents assessing market demands, and appraisers estimating property values in response to these occupancy shifts. Lower numbers in non-primary residences might suggest untapped opportunities or risk-averse behaviors among property buyers, crucial for those planning to build or insure properties in the region.
Economic Outlook
Campbell County, South Dakota, has experienced a noteworthy rise in average taxable income per tax return over the past nine years, peaking at $79,526.03 in 2021. This uptick could signal an underlying economic strength that investors and homebuyers might find compelling. Additionally, fluctuations in average total tax liability—from a high of $13,063.79 in 2021 to lower amounts like $7,657.89 in 2019—suggest economic growth or policy changes that may impact property values and market... Read more
Average Taxable Income per Tax Return in Campbell County, SD over the last 9 years
The average taxable income per tax return in Campbell County, South Dakota has shown a notable upward trend over the past nine years, despite some fluctuations. While there was a dip to $47,874.32 in 2016, recent years have seen significant growth, peaking at $79,526.03 in 2021. This steady increase could indicate a strengthening local economy, making Campbell County potentially attractive for investors and homebuyers. Real estate agents and appraisers might find this trend useful for pricing and market analysis, while insurance agents could consider it for risk assessment and policy planning.
Average Total Tax Liability Per Tax Return in Campbell County, SD Over the Last 10 Years
Campbell County, South Dakota has seen notable fluctuations in the average total tax liability per tax return over the past decade. Peak amounts were recorded in 2020 and 2021 at $10,214.04 and $13,063.79 respectively, suggesting potential economic growth or policy changes affecting higher tax dues during these years. Contrast this with lower values in 2016 and 2019, at around $7,737.29 and $7,657.89, which could indicate periods of economic downturn or tax relief. Investors and financial professionals should consider these variations as influencing factors for property values, market stability, and long-term financial planning within the county.
Cost of Living in Campbell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,162 | $1,584 | $2,458 | $1,019 | $1,142 |
| 1 adult 4 children | $1,162 | $1,294 | $1,884 | $1,019 | $1,248 |
| 2 adults 3 children | $1,162 | $1,294 | $2,130 | $1,019 | $915 |
| 1 adult 3 children | $1,162 | $1,057 | $1,557 | $1,019 | $984 |
| 2 adults 2 children | $826 | $1,060 | $1,803 | $883 | $746 |
| 1 adult 2 children | $826 | $791 | $1,229 | $883 | $690 |
| 2 adults 1 child | $826 | $837 | $1,475 | $442 | $715 |
| 1 adult 1 child | $826 | $541 | $901 | $442 | $558 |
| 2 adults | $628 | $673 | $1,148 | $0 | $617 |
| 1 adult | $575 | $367 | $574 | $0 | $496 |
Safety trends & Data
Campbell County, South Dakota, saw minimal property crime in 2018 with just one burglary and one vandalism case. By 2022, there was a rise in larceny-theft, suggesting a shift towards more theft-related offenses. This trend could affect real estate investments, insurance premiums, and safety perceptions, becoming a crucial aspect for homebuyers, investors, and local businesses to... Read more
Property Crime Trends in Campbell County, SD Over the Last 2 Years
Campbell County, South Dakota, has witnessed a notable shift in property crimes over the past two years. In 2018, incidents were minimal with just one case each of burglary and vandalism. By 2022, there was an increase in larceny-theft, indicating a possible trend toward more theft-related offenses. This changing crime landscape could influence real estate investments, insurance premiums, and safety perceptions, making it an essential factor for prospective homebuyers, investors, and local businesses to consider.
Demographics
Campbell County, South Dakota's population dynamics offer some intriguing insights. There's a nearly equal gender distribution with 583 males and 593 females. Educational attainment skews towards high school graduates and those with some college experience, but higher education levels see smaller numbers. Age-wise, the largest groups are those between 55 to 64 years and children under 10, highlighting possible future service and infrastructure needs for these demographics. Lastly, the racial... Read more
Race Distribution in Campbell County, South Dakota (2022)
Educational Attainment in Campbell County, South Dakota (2022)
Age Distribution in Campbell County, South Dakota
Citizen Population in Campbell County, South Dakota (2022)
Political Trends & Data
Campbell County, South Dakota, displayed a marked preference for Republican candidates in the 2020 U.S. Presidential Election, with Republican votes significantly outnumbering those for other parties. Democrat support lagged substantially, and Libertarian presence was barely noticeable. This heavy Republican tilt could suggest underlying socio-political dynamics common in rural South Dakota... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Campbell County, South Dakota, the 2020 U.S. Presidential Election saw a strong skew towards the Republican side, with votes leaning significantly more Republican compared to other parties. The Democrat votes trailed far behind, and Libertarian representation was minimal. This evident political tilt might reflect deeper socio-political trends in rural South Dakota communities.
85.57% of voters voted for the Republican party in the 2020 Presidential Election
13.40% of voters voted for the Democrat party in the 2020 Presidential Election
1.03% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Campbell County, South Dakota has consistently maintained a low student-to-teacher ratio, with numbers hovering between 8 and 10 students per teacher over the past decade—well below the national average of 14. This peaked in 2018 with just 7 students per teacher, and while there’s been a slight increase to nearly 10 in 2023, it still suggests smaller class sizes. These educational stats could be a selling point for real estate agents targeting families, while developers and investors might... Read more
Student-to-teacher ratio in Campbell County, South Dakota over the last 10 years
Campbell County, South Dakota has seen a generally low student-to-teacher ratio over the past decade, consistently remaining below the national average of 14 students per teacher. Fluctuating between roughly eight and ten students per teacher, the ratio reached its lowest at 7 students per teacher in 2018 but has shown a recent increase to nearly 10 in 2023. This trend suggests smaller class sizes compared to the national average, which could be attractive for families seeking more individualized attention for their children and educators aiming for manageable workloads. Real estate agents might leverage these stats when marketing to potential home buyers, while investors and property builders could consider these educational advantages when deciding on new projects. Insurance agents and appraisers, understanding the correlation between local amenities and property values, might find these figures pertinent in their valuations and risk assessments.
