Deuel County Real Estate and Livability Trends
Deuel County, South Dakota has seen median home values climb from $112,000 in 2015 to $178,100 in 2022, still below both the state median of $219,500 and the national median of $179,400, which might make it attractive to new residents and investors. Despite significant swings in real estate taxes, which peaked at $4,933.33 in 2018 before leveling to $3,125.00 by 2021, the agricultural sector has... Read more
Deuel County Market Trends
Deuel County, South Dakota has seen a notable uptick in median home values, rising from $112,000 in 2015 to $178,100 in 2022. Despite this growth, values remain below the state median of $219,500 and the national median of $179,400, potentially offering more affordable options for new residents and investors. Energy tax credits have fluctuated but saw a sharp rise to $450.00 per return in 2021,... Read more
Median Value of Occupied Housing Units in Deuel County, South Dakota Over the Last 8 Years
Deuel County, South Dakota, has shown a significant uptick in median home values over the past eight years, increasing from $112,000 in 2015 to $178,100 in 2022. While this growth trajectory indicates a robust housing market, Deuel County's median values in 2022 still trail behind the state median of $219,500 and the national median of $179,400. This lower price point could make the county an attractive option for investors and new residents seeking more affordable housing options within South Dakota.
Residential Energy Tax Credit Per Tax Return in Deuel County, SD Over the Last 5 Years
Deuel County, South Dakota has seen variation in the average residential energy tax credit per tax return over the past five years. Starting at $360.00 in 2013 and 2015, it slightly increased to $375.00 in 2014 before dipping to $350.00 in 2016. Interestingly, 2021 witnessed a significant rise to $450.00. These changes might suggest evolving incentives for energy efficiency improvements, potentially impacting investment decisions, property values, and long-term energy costs for homeowners in the area.
Average Real Estate Taxes Per Tax Return in Deuel County, SD Over the Last 10 Years
Over the past decade, Deuel County, South Dakota has experienced significant fluctuations in average real estate taxes per tax return. In 2012, taxes averaged around $2,347.83, but by 2017, they had risen to about $3,468.42. The peak occurred in 2018 with an average of $4,933.33 before partially declining in subsequent years, landing at $3,125.00 in 2021. These trends may suggest volatility in the local real estate market, potentially affecting decisions for investors, property developers, and insurance agents considering the area's risk and investment potential.
Percentage of Farm Returns in Deuel County, SD Over the Last 10 Years
In Deuel County, South Dakota, the percentage of farm tax returns has remained relatively stable over the last decade, fluctuating between approximately 23.76% and 25.23%. This metric slightly dipped in recent years, dropping to 23.76% in 2021 from a peak of around 25.23% in 2013 and 2014. These figures suggest that the agricultural sector's contribution to local taxes has maintained a consistent role without significant volatility, an indicator of steady farming activity in the region. For those considering investment or relocation, this stability could imply a resilient agricultural base, possibly making Deuel County a reliable area for agricultural businesses and rural developments.
Number of Mortgages by Occupancy Type in Deuel County, SD Over the Last 5 Years in Deuel County
In the last 5 years in Deuel County, South Dakota, mortgages for principal residences have shown a fluctuating yet generally strong trend, peaking notably at 219 in 2020. Investment property mortgages have remained low, with minor variations ranging from 1 to 5, suggesting less investor interest or opportunities. Mortgages for second residences have also varied modestly, seeing higher activity in 2020 and 2021. Changes in occupancy types can influence the local real estate market dynamics, impacting property values, insurance premiums, and investment strategies. These trends might hint at the area's desirability for permanent living versus investments or vacation homes, crucial for potential investors, real estate agents, and those appraising properties.
Economic Outlook
Deuel County, South Dakota has seen a significant rise in average taxable income per tax return from $50,287.38 in 2013 to $74,346.15 by 2021, hinting at an improving local economy and higher earning potential. Average state and local income taxes per tax return have also shown an upward yet variable trend, peaking at $11,040.00 in 2017. Furthermore, fluctuations in average total tax liability, ranging from approximately $7,036.08 to $11,590.80, with notable spikes in 2014 and 2021, could... Read more
Average Taxable Income per Tax Return in Deuel County, SD over the last 9 years
Over the past nine years, Deuel County, South Dakota has seen notable fluctuations and a general upward trend in average taxable income per tax return. Starting from around $50,287.38 in 2013, the income figures rose significantly to $74,346.15 by 2021. This increase could be indicative of an improving local economy and higher earning potential, making it potentially attractive for real estate investments and new developments. Such positive economic indicators may also interest appraisers, insurance agents, and residents, offering insights into the county's financial growth and stability.
Average State and Local Income Taxes Per Tax Return in Deuel County, SD Over the Last 6 Years
Deuel County, South Dakota's average state and local income taxes per tax return have fluctuated noticeably over the past six years. Starting from $7,783.33 in 2012 and peaking at $11,040.00 in 2017, these trends suggest a general upward trajectory, albeit with some variability. This pattern could be of particular interest to potential investors, property developers, and real estate agents as it may reflect broader economic conditions and fiscal policies impacting the region. For those already residing in Deuel County, understanding these tax trends can help with personal financial planning and forecasting.
Average Total Tax Liability Per Tax Return in Deuel County, SD Over the Last 10 Years
Over the last decade, Deuel County, South Dakota has experienced noticeable fluctuations in average total tax liability per tax return, with figures generally ranging from around $7,036.08 to $11,590.80. Notably, tax liability spiked significantly in 2014 and 2021, hinting at possible economic or policy shifts during those years. For those looking into investment or property development in the area, these variations could reflect broader economic trends impacting residents' incomes and fiscal responsibilities. Appraisers and real estate agents might find this data useful for assessing market conditions, while insurance agents can use it to better understand the economic landscape of potential clients.
Cost of Living in Deuel County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,496 | $2,458 | $1,019 | $1,060 |
| 1 adult 4 children | $1,174 | $1,222 | $1,884 | $1,019 | $1,159 |
| 2 adults 3 children | $1,174 | $1,222 | $2,130 | $1,019 | $849 |
| 1 adult 3 children | $1,174 | $998 | $1,557 | $1,019 | $907 |
| 2 adults 2 children | $826 | $1,000 | $1,803 | $883 | $699 |
| 1 adult 2 children | $826 | $747 | $1,229 | $883 | $637 |
| 2 adults 1 child | $826 | $791 | $1,475 | $442 | $678 |
| 1 adult 1 child | $826 | $511 | $901 | $442 | $544 |
| 2 adults | $628 | $635 | $1,148 | $0 | $602 |
| 1 adult | $575 | $346 | $574 | $0 | $481 |
Safety trends & Data
Deuel County, South Dakota, has experienced fluctuating property crime trends over the past five years, with instances of burglary and larceny-theft happening sporadically. Fraud peaked in 2019 and 2020 but decreased by 2021, while motor vehicle thefts were only reported in 2020 and 2021. The relatively low crime rates could be a draw for potential investors or new... Read more
Property Crime Trends in Deuel County, SD Over the Last 5 Years
Deuel County, South Dakota, has seen varied property crime trends over the last five years, with burglary and larceny-theft incidents occurring sporadically. Notably, fraud seemed prominent in 2019 and 2020, but tapered off by 2021. Motor vehicle theft was reported only in 2020 and 2021. Overall, crime numbers remain relatively low, which may be appealing for those considering investments or residential moves.
Demographics
Deuel County's adult demographic leans slightly towards males. Educational attainment highlights a high proportion of residents with at least a high school diploma, and a noteworthy segment holding Bachelor's degrees. Age distribution suggests a balanced mix of age groups, with a significant number of residents approaching retirement, which may influence local services and economic focus. There's a dominant White population, while other races are scarcely represented, pointing towards a less... Read more
Race Distribution in Deuel County, South Dakota (2022)
Educational Attainment in Deuel County, South Dakota (2022)
Age Distribution in Deuel County, South Dakota
Citizen Population in Deuel County, South Dakota (2022)
Political Trends & Data
The 2020 Presidential election results might suggest that Deuel County, South Dakota is heavily Republican, with about 72.3% of the vote leaning towards the GOP. Although Democrats received around 25.9% and Libertarians a mere 1.8%, these figures potentially reflect a political climate that could influence local real estate trends, including investment appeal and community development projects. Such a dominant political stance could shape policy priorities, infrastructural developments, and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
The 2020 U.S. Presidential election results for Deuel County, South Dakota, indicate a dominant Republican preference with an estimated 72.3% of the vote. Democrats seem to have garnered roughly 25.9%, while Libertarians captured a modest 1.8%. Green Party and other candidates appeared to receive negligible support, highlighting the county's strong Republican leaning.
72.30% of voters voted for the Republican party in the 2020 Presidential Election
25.91% of voters voted for the Democrat party in the 2020 Presidential Election
1.79% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Deuel County, South Dakota's student-to-teacher ratio has mostly hovered around the national average of 14 students per teacher. After hitting a low of 12 in 2017, the ratio peaked at nearly 15 in 2022 before dipping back to 14 in 2023. For potential investors, insurers, and real estate agents, this trend might signal changes in educational resources that could affect local property values and community appeal. Families contemplating a move could appreciate the relatively personalized attention... Read more
Student-to-teacher ratio in Deuel County, South Dakota over the last 10 years
Deuel County, South Dakota has seen its student-to-teacher ratio fluctuate over the past decade but mostly remains close to the national average of 14 students per teacher. After dipping to a low of 12 students per teacher in 2017, the ratio gradually increased, peaking at almost 15 in 2022 before slightly decreasing to 14 in 2023. For potential investors, insurers, and real estate agents, these trends could indicate changes in educational resources that might influence local property values and community attractiveness. For families considering a move, this ratio suggests relatively personalized attention for students compared to more crowded districts.
