Jackson County Real Estate and Livability Trends
Jackson County, South Dakota, shows an economically variable landscape with average taxable incomes fluctuating from $31,292.86 in 2013 to peaking at $47,983.49 in 2021, influencing financial health and income stability. Home values have surged from $57,800 in 2015 to $108,400 in 2022, hinting at increased demand or limited supply, while real estate taxes have decreased, potentially easing the... Read more
Jackson County Market Trends
Median home values in Jackson County, South Dakota, have experienced a notable rise from $57,800 in 2015 to $108,400 in 2022, suggesting increased demand or limited supply. This is accentuated by the lower average real estate taxes, which decreased from $1,650.00 in 2012 to $1,400.00 in 2017, potentially easing the tax burden for property owners. Farm tax returns have shown slight variations but... Read more
Median Value of Occupied Housing Units in Jackson County, South Dakota Over the Last 8 Years
Median home values in Jackson County, South Dakota, have shown a fluctuating but ultimately rising trend over the last eight years, jumping from $57,800 in 2015 to $108,400 in 2022. This rise is especially striking when compared to the overall South Dakota median $219,500 and the national median $179,400. Such growth might suggest growing demand or limited supply in Jackson County, making it a potentially lucrative area for real estate investments or development. However, home buyers might find more affordable housing options here compared to other regions.
Average Real Estate Taxes Per Tax Return in Jackson County, SD Over the Last 4 Years
In Jackson County, South Dakota, average real estate taxes per tax return have shown a somewhat fluctuating but generally decreasing trend over the last several years. In 2012, residents paid $1650.00 on average, but this amount dropped to $1450.00 by 2014. Despite a minor uptick to $1500.00 in 2015, the average fell again to $1400.00 by 2017. This trend suggests a potential easing in the tax burden for property owners, possibly making the county more attractive for investors and new residents looking to capitalize on lower taxation levels.
Percentage of Farm Returns in Jackson County, SD Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Jackson County, South Dakota has generally hovered between 26.72% and 30.91%, with slight fluctuations from year to year. Farm tax returns, which reflect the income and financial activities specifically tied to agricultural operations in the county, serve as a significant economic indicator. Understanding these trends might be crucial for anyone looking to invest, establish a property, or move to the county, as they offer insight into the economic stability and importance of the farming sector in this region.
Number of Mortgages by Occupancy Type in Jackson County, SD Over the Last 5 Years in Jackson County
In Jackson County, South Dakota, the number of mortgages for principal residences has shown a consistent increase over the past five years, while investment property and second residence mortgages have remained relatively low. This trend suggests a rising demand for primary homes, which could signal stability and attractiveness for people looking to relocate here. For real estate agents, this indicates a favorable market for family homes, while investors might see limited opportunities in rental properties. Insights like these can also help appraisers and insurance agents understand the shifting demographics and potential risk profiles of the area.
Economic Outlook
In Jackson County, South Dakota, average taxable income per tax return has shown considerable fluctuations over the past nine years. Starting at $31,292.86 in 2013, it peaked at $47,983.49 in 2021. Similarly, total tax liabilities per return peaked over $7,000 in 2014 and 2021 but experienced noticeable dips in other years. These trends suggest an economically variable landscape, which could be critical for investors and real estate professionals aiming to gauge financial health and income... Read more
Average Taxable Income per Tax Return in Jackson County, SD over the last 9 years
Jackson County, South Dakota has witnessed a somewhat volatile pattern in average taxable income per tax return over the past nine years. Beginning with a modest $31,292.86 in 2013, the average taxable income saw a significant rise to $42,196.36 in 2014 before experiencing fluctuations. Notably, 2021 marked a high of $47,983.49. This trend could suggest economic variability and may be of particular interest to investors and real estate professionals monitoring financial health and income levels in the area.
Average Total Tax Liability Per Tax Return in Jackson County, SD Over the Last 10 Years
In Jackson County, South Dakota, average total tax liabilities per tax return have generally fluctuated over the last decade, peaking notably in 2014 and 2021 at amounts over $7,000. A significant drop in 2013, followed by another dip in 2015 through 2020, reveals a somewhat volatile pattern that could impact financial planning for residents and investors. These swings suggest varying economic factors at play, which might hold implications for those looking to invest or develop properties in the area, buyers considering a move, as well as professionals like appraisers and insurance agents assessing the financial landscape.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,042 | $1,568 | $2,749 | $1,019 | $1,098 |
| 1 adult 4 children | $1,042 | $1,281 | $2,109 | $1,019 | $1,177 |
| 2 adults 3 children | $1,042 | $1,281 | $2,382 | $1,019 | $869 |
| 1 adult 3 children | $1,042 | $1,046 | $1,742 | $1,019 | $904 |
| 2 adults 2 children | $826 | $1,049 | $2,015 | $883 | $739 |
| 1 adult 2 children | $826 | $783 | $1,375 | $883 | $666 |
| 2 adults 1 child | $826 | $829 | $1,648 | $442 | $705 |
| 1 adult 1 child | $826 | $535 | $1,007 | $442 | $539 |
| 2 adults | $731 | $666 | $1,281 | $0 | $633 |
| 1 adult | $575 | $363 | $640 | $0 | $479 |
Demographics
Jackson County, South Dakota, exhibits a balanced gender distribution with females slightly outnumbering males. The educational attainment reveals that most adults have at least a high school diploma, though a significant portion of the population has pursued college education without completing a degree. Age distribution shows diverse generational representation, with notable concentrations in the younger and middle-aged brackets. Racial demographics highlight a predominantly American Indian... Read more
Race Distribution in Jackson County, South Dakota (2022)
Educational Attainment in Jackson County, South Dakota (2022)
Age Distribution in Jackson County, South Dakota
Citizen Population in Jackson County, South Dakota (2022)
Political Trends & Data
In Jackson County, South Dakota, the 2020 U.S. Presidential Election results suggest a predominantly conservative voter base, with Republicans capturing about 66% of the votes. The Democratic Party secured around 32%, and Libertarians received a marginal 1.6%, possibly indicating limited third-party influence. This political landscape might influence local policy and community priorities, potentially affecting future real estate developments and economic trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jackson County, South Dakota, the 2020 U.S. Presidential Election seemed to lean significantly towards the Republican party, capturing around 66% of the votes. The Democratic party garnered approximately 32%, while Libertarians saw a marginal share with roughly 1.6%. This distribution could imply a predominantly conservative voter base with limited traction for third-party candidates.
66.19% of voters voted for the Republican party in the 2020 Presidential Election
32.20% of voters voted for the Democrat party in the 2020 Presidential Election
1.61% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Jackson County, South Dakota has seen notable fluctuations in its student-to-teacher ratio, peaking at over fourteen in 2020 and settling around nine in 2023. Such shifts may reflect changes in teacher availability and student population, impacting families' decisions to move, investor evaluations, and real estate marketing strategies. A favorable ratio could indicate high educational quality, potentially influencing local property values and community... Read more
Student-to-teacher ratio in Jackson County, South Dakota over the last 10 years
Jackson County, South Dakota has experienced significant fluctuations in its student-to-teacher ratio over the past ten years, with notable peaks and valleys. In 2014, the ratio was around ten students per teacher, well below the national average of fourteen. The ratio dipped to nearly nine in 2017, surged to over fourteen in 2020, and has recently settled around nine again in 2023. These shifts could suggest varying levels of teacher availability and student population changes, which might impact decisions for families considering moving to the area, investors evaluating school performance, and real estate agents marketing properties. Maintaining a favorable student-to-teacher ratio can be indicative of the educational quality and may play a role in local property values and community appeal.
