Kingsbury County Real Estate and Livability Trends
Kingsbury County, South Dakota has seen notable trends in real estate that could pique the interest of value-seeking buyers and investors. Median home values surged from $88,800 in 2015 to $149,300 in 2022, still sitting below state and national averages, making the area potentially attractive. However, the rise in real estate taxes, peaking at $3,520.00 in 2019, points to rising property values... Read more
Kingsbury County Market Trends
In Kingsbury County, South Dakota, the median home values have climbed from $88,800 in 2015 to $149,300 in 2022, showcasing appreciation rates attractive to value-seeking buyers. Despite this growth, these values remain lower than both state and national averages, potentially making it an appealing market for investors. A drop in average residential energy tax credits from $700.00 in 2013 to... Read more
Median Value of Occupied Housing Units in Kingsbury County, South Dakota Over the Last 8 Years
The median home values in Kingsbury County, South Dakota have shown a steady increase over the last eight years, rising from $88,800 in 2015 to $149,300 in 2022. While this growth is evident, Kingsbury County's home values remain lower compared to the state and national levels. South Dakota overall saw its median home values escalate from $140,500 to $219,500 in the same period, and the national figures increased from $125,500 to $179,400. This disparity suggests that Kingsbury County might be an attractive spot for value-seeking homebuyers or investors keen on entering an appreciating market without the heftier price tags seen on a broader scale.
Residential Energy Tax Credit Per Tax Return in Kingsbury County, SD Over the Last 4 Years
Over the past four years, the average residential energy tax credit per tax return in Kingsbury County, South Dakota has seen a significant decline. Starting at an average of $700.00 in 2013, it decreased to $500.00 in 2014, showed a slight rebound to $516.67 in 2015, and then dropped sharply to $175.00 in 2016. Potential investors, homeowners, and real estate professionals may find these trends indicative of changing energy efficiency incentives, possibly impacting the overall cost-benefit analysis of investing in energy-efficient home improvements within the county. This could also influence property valuations and insurance considerations for those evaluating long-term investments in the area.
Average Real Estate Taxes Per Tax Return in Kingsbury County, SD Over the Last 10 Years
Kingsbury County, South Dakota has seen a general upward trend in average real estate taxes per tax return over the past decade, peaking at $3,520.00 in 2019. Despite some fluctuations, including a notable rise in 2018 and a slight drop in 2020, the overall increase suggests rising property values or tax rates, potentially signaling a growing local economy. This upward trend in property taxes may impact various stakeholders, including potential investors, real estate agents, and those considering relocating to the area, as it reflects the changing market dynamics and possibly an increasing demand for property in the region.
Percentage of Farm Returns in Kingsbury County, SD Over the Last 10 Years
Kingsbury County, South Dakota has seen fluctuating, though somewhat declining, percentages of farm tax returns over the last decade, hovering around 20% in 2012 but dropping closer to 17.83% by 2021. Farm tax returns reflect the economic health and activity level of agricultural businesses in the area, which can influence local economies, real estate values, and investment opportunities. Those considering investing or relocating to Kingsbury County might find it useful to understand these trends, as they could impact future property values and community development.
Number of Mortgages by Occupancy Type in Kingsbury County, SD Over the Last 5 Years in Kingsbury County
Kingsbury County, South Dakota, has recently seen fluctuating mortgage counts, especially in the "Principal Residence" category, peaking significantly in 2020. Investment properties remain relatively low but steady, while second residences have brief spikes, suggesting diverse interests in property types. These shifts in occupancy types are pivotal; they can hint at economic stability or volatility, impacting everything from property values to local business growth potential. This data can guide investors, builders, and insurers in making informed decisions about their activities in the area.
Economic Outlook
Over the past nine years, Kingsbury County, South Dakota has seen average taxable income per tax return generally ranging between $50,000.00 and $70,000.00, with 2021 hitting around $69,559.11. These trends could point to some economic resilience and potential growth. However, dips in 2017 and 2019 suggest possible underlying economic shifts, which could impact long-term commitments. Additionally, the county has experienced varying trends in total tax liability per tax return, peaking at... Read more
Average Taxable Income per Tax Return in Kingsbury County, SD over the last 9 years
Over the past nine years, the average taxable income per tax return in Kingsbury County, South Dakota has shown some variability but generally hovered between $50,000.00 and $70,000.00. Notable highs were seen in 2014 and 2021, with 2021 reaching approximately $69,559.11. This trend could suggest some economic resilience and potential growth, making it of interest to investors, real estate agents, and appraisers considering opportunities in the area. However, fluctuations, as evidenced by the drops in 2017 and 2019, indicate possible underlying economic shifts that could warrant further analysis for those planning long-term commitments in this market.
Average Total Tax Liability Per Tax Return in Kingsbury County, SD Over the Last 10 Years
Kingsbury County, South Dakota has seen variable trends in average total tax liability per tax return over the last decade. Tax liability peaked in 2014 at $11,058.88, suggesting potential shifts in economic activity or changes in the tax code during that year. The lowest average observed was in 2019 at $7,270.59, which could be attributed to a range of factors such as local economic shifts or changes in taxpayer income. For anyone considering real estate investments, these fluctuations highlight the importance of understanding fiscal trends and potential impacts on property tax assessments.
Cost of Living in Kingsbury County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,043 | $1,544 | $2,458 | $1,019 | $1,032 |
| 1 adult 4 children | $1,043 | $1,261 | $1,884 | $1,019 | $1,119 |
| 2 adults 3 children | $1,043 | $1,262 | $2,130 | $1,019 | $818 |
| 1 adult 3 children | $1,043 | $1,030 | $1,557 | $1,019 | $862 |
| 2 adults 2 children | $857 | $1,033 | $1,803 | $883 | $718 |
| 1 adult 2 children | $857 | $771 | $1,229 | $883 | $658 |
| 2 adults 1 child | $857 | $816 | $1,475 | $442 | $693 |
| 1 adult 1 child | $857 | $527 | $901 | $442 | $541 |
| 2 adults | $651 | $656 | $1,148 | $0 | $599 |
| 1 adult | $596 | $358 | $574 | $0 | $486 |
Safety trends & Data
Kingsbury County, South Dakota has experienced fluctuating property crime trends over the past five years, likely influencing property valuations and real estate decisions. Larceny-theft peaked in 2022 at 5.00 incidents, while burglary cases remained consistently low. Motor vehicle thefts saw a slight uptick in 2020 but didn't sustain increases, and vandalism had sporadic occurrences with two incidents in 2022. These patterns might affect insurance premiums and highlight potential community... Read more
Property Crime Trends in Kingsbury County, SD Over the Last 5 Years
Kingsbury County, South Dakota has seen a fluctuating trend in property crimes over the past five years. Notably, larceny-theft incidents peaked in 2022 with a value of 5.00, while burglary cases largely remained stable but low throughout the period. Motor vehicle thefts also experienced a slight uptick in 2020, but did not sustain significant increases. Vandalism incidents had sporadic occurrences with two incidents recorded in 2022. These trends may influence property valuations, insurance premiums, and real estate decisions by potentially signaling areas of concern for security and community safety.
Demographics
Kingsbury County's demographic trends show a slightly higher male population compared to females and a predominantly aging community, especially in the 55 to 74-year range. Educational attainment suggests a significant number of high school graduates with a reasonable proportion pursuing higher education degrees. The racial distribution is overwhelmingly White, with minimal representation from other racial groups. This data implies potential challenges in workforce diversity and suggests the... Read more
Race Distribution in Kingsbury County, South Dakota (2022)
Educational Attainment in Kingsbury County, South Dakota (2022)
Age Distribution in Kingsbury County, South Dakota
Citizen Population in Kingsbury County, South Dakota (2022)
Political Trends & Data
In Kingsbury County, South Dakota, the 2020 U.S. Presidential Election leaned heavily Republican with nearly 69% of the vote. This strong conservative preference might influence local and state policy decisions, reflecting the community's priorities. With around 29% of the vote going to Democrats and a small fraction to Libertarians, there seems to be limited support for progressive or fringe platforms. The minimal third-party presence suggests a slight interest in alternatives, although it... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Kingsbury County, South Dakota, the 2020 U.S. Presidential Election predominantly leaned Republican, with nearly 69% of the vote, compared to approximately 29% for Democrats and just over 2% for Libertarians. This pattern suggests a strong conservative preference in this region, potentially impacting local and state policy decisions. The presence of third-party votes, while minimal, might indicate a slight interest in alternative political voices. The absence of votes for the Green Party and other candidates could reflect limited support for more progressive or fringe platforms in this area.
68.51% of voters voted for the Republican party in the 2020 Presidential Election
29.47% of voters voted for the Democrat party in the 2020 Presidential Election
2.02% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Kingsbury County, South Dakota, the student-to-teacher ratio has seen significant fluctuations over the past decade, settling around 17:1 recently, which is higher than the national average of 14:1. This trend can influence everything from individual classroom attention to overall school ratings. For real estate agents, investors, and families, this suggests a potential demand for educational resources and could be an indicator of increasing school... Read more
Student-to-teacher ratio in Kingsbury County, South Dakota over the last 10 years
Over the last decade, Kingsbury County, South Dakota has experienced a fluctuating student-to-teacher ratio, oscillating between a low of twelve students per teacher in 2015 and 2016 to a high of nearly eighteen in 2018. Notably, recent years have seen ratios stabilize around 17:1, which is higher than the national average of 14:1. This variation in student-to-teacher ratios can have significant impacts on educational quality and student performance, influencing everything from personalized attention in classrooms to overall school ratings. For potential investors, real estate agents, and families considering a move to the area, understanding these dynamics is crucial—as higher ratios could suggest a demand for more educational resources and potentially indicate growing school enrollment.
