Harding County Real Estate and Livability Trends
Harding County, South Dakota’s real estate market has seen significant fluctuations, with median home values rising from $87,200 in 2015 to $128,300 by 2022, suggesting it could still offer more affordable investment opportunities compared to broader markets. Varied real estate taxes, peaking at $2,100.00 in 2016 and dropping to $1,800.00 in 2017, may indicate changes in property values or... Read more
Harding County Market Trends
Harding County, South Dakota, has seen fluctuating median home values from $87,200 in 2015, hitting a low of $82,300 in 2017, and rising significantly to $128,300 by 2022, suggesting this area might offer more affordable investments compared with state and national medians. Real estate taxes have varied significantly, peaking at $2,100.00 in 2016 and dipping to $1,800.00 in 2017, which could... Read more
Median Value of Occupied Housing Units in Harding County, South Dakota Over the Last 8 Years
Over the last eight years, Harding County, South Dakota, has experienced fluctuations in median home values, from $87,200 in 2015, dipping to $82,300 in 2017, and rising notably to $128,300 by 2022. While Harding County's values are considerably lower than both the state and national medians, this could indicate potential for more affordable investments, especially as recent years show a growth trend exceeding that of both wider benchmarks. Given the county's positive trajectory and more accessible price points, it's an intriguing market for those seeking value or opportunities in South Dakota's real estate landscape.
Average Real Estate Taxes Per Tax Return in Harding County, SD Over the Last 4 Years
Harding County, South Dakota has seen some fluctuations in average real estate taxes per tax return over the last few years, with a notable jump from around $1,366.67 in 2012 to $1,950.00 in 2013. While the taxes peaked at $2,100.00 in 2016, they dipped slightly to $1,800.00 in 2017. These changes might reflect shifts in property values, economic conditions, or adjustments in county tax policies, making it an intriguing area for investors, appraisers, and real estate agents to monitor. Potential homebuyers and those looking to move here should consider these trends when evaluating long-term affordability and tax obligations.
Percentage of Farm Returns in Harding County, SD Over the Last 10 Years
Over the past decade, Harding County, South Dakota has seen some fluctuations in the percentage of farm returns, with values hovering between approximately 41.18% and 50.85%. These figures suggest a relatively stable agricultural economy, making it a potentially promising area for those interested in investing in farmland or agricultural businesses. The steady trend in farm tax returns, which are essentially reports on farming income and expenses filed by farmers, indicates consistent agricultural activity and potential long-term viability for agricultural investments and developments. This can also reflect the community's reliance on agriculture as a significant economic driver, a valuable insight for potential new residents or property developers.
Number of Mortgages by Occupancy Type in Harding County, SD Over the Last 5 Years in Harding County
Mortgages for principal residences in Harding County, South Dakota have shown a consistent upward trend over the last five years, increasing from 9 in 2018 to 20 in 2022. In contrast, investment property mortgages have remained sparse, peaking at just 2 in 2018 and stagnating at 1 per year in more recent years. For potential investors or those considering moving to Harding County, these shifts may suggest a stronger demand for primary homes rather than investment properties. For appraisers, insurance agents, and real estate professionals, understanding this trend can be crucial for accurately assessing property values and market conditions. This differentiation can influence everything from investment strategies to local economic forecasts.
Economic Outlook
Harding County, South Dakota has experienced noticeable economic fluctuations over the past decade. Average taxable incomes saw a notable peak in 2014 at around $83,014.52 but dropped significantly to $54,213.56 in 2020 before recovering to $69,046.67 in 2021. Similarly, the average total tax liability per tax return peaked near $15,000.00 in 2013 but dipped below $8,000.00 between 2016 and 2020, with a slight rise to $9,165.31 in 2021. This variability in income and tax liabilities could be... Read more
Average Taxable Income per Tax Return in Harding County, SD over the last 9 years
Over the past nine years, average taxable incomes in Harding County, South Dakota have fluctuated quite a bit. In 2013, it peaked at around $69,932.79, spiking to about $83,014.52 in 2014. However, subsequent years saw a downward trend, dipping to $54,213.56 in 2020 before rebounding to approximately $69,046.67 in 2021. These variations could be significant for those looking to invest or move to the area, as they reflect the economic volatility which might impact financial planning, property investments, and broader economic assessments.
Average Total Tax Liability Per Tax Return in Harding County, SD Over the Last 10 Years
In Harding County, South Dakota, the average total tax liability per tax return has shown significant fluctuations over the past decade. After a peak nearing $15,000.00 in 2013, there’s been a downward trend settling under $8,000.00 from 2016 to 2020, with a slight uptick to $9,165.31 in 2021. This volatility might suggest a shifting economic landscape, potentially influenced by changes in income levels and economic conditions, which could be insightful for those evaluating the area for financial stability and tax planning.
Cost of Living in Harding County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,113 | $1,492 | $2,749 | $1,019 | $1,108 |
| 1 adult 4 children | $1,113 | $1,218 | $2,109 | $1,019 | $1,193 |
| 2 adults 3 children | $1,113 | $1,219 | $2,382 | $1,019 | $883 |
| 1 adult 3 children | $1,113 | $995 | $1,742 | $1,019 | $923 |
| 2 adults 2 children | $834 | $998 | $2,015 | $883 | $734 |
| 1 adult 2 children | $834 | $745 | $1,375 | $883 | $661 |
| 2 adults 1 child | $834 | $789 | $1,648 | $442 | $701 |
| 1 adult 1 child | $834 | $509 | $1,007 | $442 | $536 |
| 2 adults | $634 | $633 | $1,281 | $0 | $600 |
| 1 adult | $580 | $346 | $640 | $0 | $473 |
Demographics
Harding County, South Dakota shows some interesting demographic trends. The gender distribution is quite balanced but skews slightly male. Education attainment data reveals a significant portion of the adult population has completed some college or obtained a high school diploma. The age spread indicates a majority of the population is in the 55 to 64 and under 10 age groups, potentially affecting school funding and healthcare services. Racially, the county is predominantly white, which could... Read more
Race Distribution in Harding County, South Dakota (2022)
Educational Attainment in Harding County, South Dakota (2022)
Age Distribution in Harding County, South Dakota
Citizen Population in Harding County, South Dakota (2022)
Political Trends & Data
Harding County, South Dakota displayed a strong Republican preference in the 2020 U.S. Presidential Election, with about 92% of votes going to the GOP. Democrats received slightly over 6%, and Libertarians nearly 2%, suggesting that other parties had minimal impact. This indicates a significant leaning towards Republican values, which might reflect broader rural voting behaviors in South... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Harding County in South Dakota leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 92% of the vote. Democrats garnered just over 6%, while Libertarians received nearly 2%. Other parties, including the Green party, had negligible support. This distribution underscores the county's strong Republican preference, which could be indicative of broader rural voting patterns in the state.
92.00% of voters voted for the Republican party in the 2020 Presidential Election
6.03% of voters voted for the Democrat party in the 2020 Presidential Election
1.97% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Harding County, South Dakota, maintains a student-to-teacher ratio of 8 to 9 students per teacher, well below the national average of 14. This low ratio may mean more personalized attention and better educational outcomes, attracting families prioritizing education. For investors and real estate agents, it could be a key selling point, while appraisers and insurance agents might find the stable educational environment significant in property assessments and risk... Read more
Student-to-teacher ratio in Harding County, South Dakota over the last 10 years
Harding County, South Dakota, shows a consistent trend of a student-to-teacher ratio well below the national average of 14 students per teacher, hovering around 8 to 9 students per teacher over the last decade. This relatively low ratio could suggest more personalized attention and potentially better educational outcomes for students, making the county appealing for families prioritizing education. For investors and real estate agents, this might indicate a selling point for attracting buyers interested in quality education. Appraisers and insurance agents might also find the stable educational environment a notable factor when assessing property values and risks.
