Charles Mix County Real Estate and Livability Trends
Charles Mix County, South Dakota, has seen median home values double from $82,700 in 2015 to $163,200 in 2022, outpacing state and national trends and offering potential investment appeal. Alongside rising home values, average real estate taxes increased from $2,026.67 in 2012 to $3,740.00 in 2021, indicating growing property-related costs likely tied to enhanced public services. The county's... Read more
Charles Mix County Market Trends
Charles Mix County, South Dakota has experienced a significant uptick in median home values, doubling from $82,700 in 2015 to $163,200 in 2022. This rapid ascent outpaces state and national trends, making the region a potentially lucrative spot for investors and appealing for new residents. The county also shows fluctuating residential energy tax credits, with peaks in 2016 and 2020, suggesting... Read more
Median Value of Occupied Housing Units in Charles Mix County, South Dakota Over the Last 8 Years
Charles Mix County, South Dakota has seen a remarkable surge in median home values over the last eight years, rising from $82,700 in 2015 to $163,200 in 2022. This doubling in value is particularly striking when compared to state figures, which increased from $140,500 to $219,500, and national figures, which grew from $125,500 to $179,400 in the same period. Such trends could indicate a robust local housing market, making it potentially lucrative for investors and appealing for new residents and developers.
Residential Energy Tax Credit Per Tax Return in Charles Mix County, SD Over the Last 7 Years
Charles Mix County, South Dakota, has seen fluctuating residential energy tax credits over the past seven years, with noticeable spikes in 2016 and 2020, reaching averages of $925.00 and $1500.00 per tax return respectively. Such variations suggest that investment in energy-efficient upgrades can significantly impact tax savings in certain years. For potential homebuyers, builders, and real estate agents, understanding these trends could highlight opportunities for promoting or investing in energy-efficient homes. Furthermore, it may be helpful for appraisers and insurance agents to consider these tax incentives when assessing property values or calculating premiums.
Average Real Estate Taxes Per Tax Return in Charles Mix County, SD Over the Last 10 Years
Over the past decade, Charles Mix County, South Dakota has seen an upward trend in average real estate taxes per tax return, climbing from $2,026.67 in 2012 to $3,740.00 in 2021. This trend suggests an increasing burden on property owners, potentially affecting decisions for investors, new residents, and real estate professionals. Rising real estate taxes often reflect growth and enhanced public services, but can also signal higher long-term costs for homeowners and businesses contemplating development in the area.
Percentage of Farm Returns in Charles Mix County, SD Over the Last 10 Years
Charles Mix County, South Dakota has seen fluctuating farm tax returns over the past decade, hovering around 18-19%. These returns dipped to their lowest at 16.17% in 2019 but rebounded slightly to 17.66% by 2020. Given these fluctuations, potential investors, new residents, and property developers might interpret these numbers as signs of a somewhat stable agricultural sector, despite minor annual variations. These tax returns can act as a financial indicator of the county's reliance on and support of agriculture, where significant investments and policies could impact local economic stability and growth.
Number of Mortgages by Occupancy Type in Charles Mix County, SD Over the Last 5 Years in Charles Mix County
Charles Mix County, South Dakota, has shown variable trends in mortgage types over the past five years, which might be significant for prospective investors, homebuyers, and professionals within the real estate and insurance sectors. Principal residences consistently dominate the market, but notable fluctuations in mortgage counts, such as the drop from 209 in 2020 to 135 in 2021, could hint at shifts in economic conditions or market dynamics. Meanwhile, investment properties have seen modest increases, rising from 2 in 2018 to 8 in 2022, which might suggest emerging opportunities for rental and income-generating properties. These changes are crucial for appraisers assessing property values, insurance agents calculating risks, and developers planning new projects, as they reflect evolving preferences and economic indicators in the county.
Economic Outlook
Charles Mix County, South Dakota has witnessed a significant rise in average taxable income per tax return, climbing from $46,587.10 in 2013 to $62,898.85 in 2021. This upward trend, albeit with occasional dips, hints at a growing local economy and potential property value appreciation. Interestingly, state and local income taxes have also seen an uptick, from about $4,250.00 in 2012 to roughly $5,350.00 in 2016, possibly reflecting increased financial obligations for residents. Furthermore,... Read more
Average Taxable Income per Tax Return in Charles Mix County, SD over the last 9 years
Charles Mix County, South Dakota has shown a noticeable upward trajectory in average taxable income per tax return over the past nine years, with a jump from $46,587.10 in 2013 to $62,898.85 in 2021. While fluctuations are present, such as a dip in 2019, the general trend may indicate a growing local economy. This gradual increase could suggest potential for property value appreciation, making it potentially attractive for real estate investments or building new properties. For appraisers and insurance agents, this trend might imply higher property valuations and premiums down the line.
Average State and Local Income Taxes Per Tax Return in Charles Mix County, SD Over the Last 2 Years
Over the past few years, Charles Mix County, South Dakota has seen a noticeable increase in average state and local income taxes per tax return. In 2012, the average was around $4,250.00 and by 2016, it had risen to approximately $5,350.00. This trend could indicate growing financial obligations for residents and might be a point of interest for potential investors or property developers evaluating the fiscal landscape of the region.
Average Total Tax Liability Per Tax Return in Charles Mix County, SD Over the Last 10 Years
Average total tax liability per tax return in Charles Mix County, South Dakota has shown notable fluctuations over the past decade, peaking at $9,968.91 in 2021. The most significant increase occurred between 2020 and 2021, with a jump of over $1,500. Conversely, some years, like 2019, experienced a decline to $7,929.75. These variations potentially signal economic shifts, income changes, or policy impacts within the region, which could be insightful for investors, property developers, and real estate professionals assessing the financial landscape.
Cost of Living in Charles Mix County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,131 | $1,504 | $2,395 | $1,019 | $1,010 |
| 1 adult 4 children | $1,131 | $1,228 | $1,835 | $1,019 | $1,100 |
| 2 adults 3 children | $1,131 | $1,229 | $2,076 | $1,019 | $803 |
| 1 adult 3 children | $1,131 | $1,003 | $1,516 | $1,019 | $850 |
| 2 adults 2 children | $826 | $1,006 | $1,757 | $883 | $677 |
| 1 adult 2 children | $826 | $751 | $1,197 | $883 | $611 |
| 2 adults 1 child | $826 | $795 | $1,438 | $442 | $657 |
| 1 adult 1 child | $826 | $513 | $878 | $442 | $513 |
| 2 adults | $706 | $639 | $1,119 | $0 | $593 |
| 1 adult | $575 | $348 | $560 | $0 | $467 |
Safety trends & Data
Property crime trends in Charles Mix County, South Dakota, have been declining over the past five years, with Larceny - Theft cases dropping from 28 in 2018 to just 2 in 2022. Vandalism has also decreased, hinting at effective local crime prevention efforts. This downward trend in property crime could make the area more attractive to investors, future residents, and real estate professionals. However, sporadic increases in Motor Vehicle Theft and Stolen Property suggest some ongoing risks that... Read more
Property Crime Trends in Charles Mix County, SD Over the Last 5 Years
Property crime trends in Charles Mix County, South Dakota, suggest a gradual decline over the past five years, with a notable drop in Larceny - Theft cases from 28 in 2018 to just 2 in 2022. Vandalism also saw a reduction, while incidents of Fraud appeared more sporadically. These patterns may be indicative of successful local crime prevention measures, making the area potentially more appealing for investors, future residents, and real estate professionals. However, sporadic increases in certain categories like Motor Vehicle Theft and Stolen Property indicate that some property crime risks persist, which could influence insurance and appraisal considerations.
Demographics
Charles Mix County, South Dakota displays a striking balance in adult gender demographics, with males and females almost equally represented. Educational attainment reveals just under half the population holds at least some college education, though a significant portion still does not have a high school diploma. Age-wise, the county has a youthful slant, but with a substantial and growing older population, which could impact local healthcare and senior services. Race distribution indicates a... Read more
Race Distribution in Charles Mix County, South Dakota (2022)
Educational Attainment in Charles Mix County, South Dakota (2022)
Age Distribution in Charles Mix County, South Dakota
Citizen Population in Charles Mix County, South Dakota (2022)
Political Trends & Data
Charles Mix County in South Dakota leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 67% of the vote going to the GOP. Democrats managed around 31%, and Libertarian support was minimal at just over 1%. The absence of votes for Green Party candidates and other parties emphasizes the dominance of traditional party lines in this area. Such voting behavior could imply a continued preference for conservative policies and values, shaping everything from local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Charles Mix County in South Dakota saw a significant lead for Republicans with roughly 67% of the vote in the 2020 U.S. Presidential Election. Democrats garnered approximately 31% of the vote, while the Libertarian candidate received just over 1%. There was no reported support for Green Party candidates, and votes for other parties were either negligible or non-existent. This voting pattern suggests a strong Republican preference in the county, which could be indicative of broader political trends and voter priorities in the region.
67.46% of voters voted for the Republican party in the 2020 Presidential Election
31.11% of voters voted for the Democrat party in the 2020 Presidential Election
1.43% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Charles Mix County, South Dakota, features a student-to-teacher ratio of approximately 11 to 12 students per teacher, which falls below the current US average of fourteen. This lower ratio suggests more personalized attention in schools and possibly better educational outcomes. Such a steady metric could appeal to families moving to the area and may influence investors, real estate agents, and property appraisers when assessing local desirability. Additionally, this stable educational... Read more
Student-to-teacher ratio in Charles Mix County, South Dakota over the last 10 years
Charles Mix County, South Dakota, has consistently maintained a student-to-teacher ratio ranging between roughly 11 and 12 students per teacher over the last decade, which is slightly below the current US national average of fourteen. This lower ratio could imply more personalized attention and potentially better educational outcomes, making it an appealing factor for families considering relocation. Investors, real estate agents, and property appraisers might find this an attractive feature when evaluating the area's desirability. For insurance agents and builders, a stable and possibly improving educational system might suggest a more stable community environment, affecting decisions in risk assessment and long-term investments.
