Mellette County Real Estate and Livability Trends
Home prices in Mellette County, South Dakota have been quite volatile, starting at $49,100 in 2015, then dipping to $32,100 in 2019, and finally jumping to $60,700 by 2022. Despite these fluctuations, prices remain significantly lower than state ($219,500) and national ($179,400) medians. Mortgage numbers for principal residences have climbed from 7 in 2018 to 17 in 2022, hinting at growing... Read more
Mellette County Market Trends
Home prices in Mellette County, South Dakota have shown volatility, starting at $49,100 in 2015, dropping to $32,100 in 2019, and rising to $60,700 by 2022, notably lower than both state ($219,500) and national ($179,400) medians. Farm tax returns illustrate a steady agricultural presence, growing from 25.68% in 2012 to 30.14% in 2018. Mortgages for principal residences have also increased from 7... Read more
Median Value of Occupied Housing Units in Mellette County, South Dakota Over the Last 8 Years
Home prices in Mellette County, South Dakota have displayed an interesting trend over the past eight years. Starting at $49,100 in 2015, there have been fluctuations including a drop to $32,100 in 2019 and a rise to $60,700 by 2022. When compared to state and national levels, Mellette County's median home values are significantly lower; the South Dakota median value reached $219,500 and the national median was $179,400 in 2022. This contrasts suggests Mellette County could offer more affordable housing options in a rising market, a potential draw for buyers and investors.
Percentage of Farm Returns in Mellette County, SD Over the Last 10 Years
Mellette County, South Dakota, has shown a steady yet fluctuating trend in farm tax returns over the last decade. The percentage of farm returns grew from approximately 25.68% in 2012 to around 30.14% in 2018, peaking interest for prospective agricultural investors and those keen on rural development. Despite slight declines in certain years, the overall range up to 2021 suggests a persistent agricultural presence. This metric can be crucial for evaluating the economic landscape tied to the farming sector and could impact decisions related to property investment and community planning in the county.
Number of Mortgages by Occupancy Type in Mellette County, SD Over the Last 5 Years in Mellette County
In Mellette County, South Dakota, there has been a noticeable increase in the number of mortgages for principal residences over the past five years, rising from 7 in 2018 to 17 in 2022. This trend might imply a growing demand for housing, which could influence property values and stimulate new construction. For potential investors, real estate agents, appraisers, and insurance agents, understanding these shifts in occupancy types can provide valuable insight into market dynamics, helping to forecast future market behavior and adjust their strategies accordingly.
Economic Outlook
Mellette County, South Dakota has shown considerable fluctuation in average taxable income per tax return, peaking at $41,031.51 in 2014 and dipping sharply to $29,238.89 in 2016, with a recent rebound to $41,050.00 in 2021. Average total tax liability has also varied significantly, ranging from $7,653.49 in 2014 to $4,584.09 in 2020. These economic variances could be crucial for real estate professionals and investors, as they might affect property values, market conditions, and insurance... Read more
Average Taxable Income per Tax Return in Mellette County, SD over the last 9 years
Mellette County, South Dakota has shown fluctuating trends in average taxable income per tax return over the past nine years, peaking in 2014 at $41,031.51 and dipping significantly in 2016 to $29,238.89. The most recent data for 2021 suggests a recovery to $41,050.00. Prospective investors and real estate professionals may find this volatility noteworthy when assessing the economic climate. Lower taxable incomes in certain years could reflect economic strains or demographic shifts that might impact local property markets and insurance risks.
Average Total Tax Liability Per Tax Return in Mellette County, SD Over the Last 10 Years
Over the past decade, Mellette County, South Dakota has seen fluctuating average total tax liability per tax return, ranging from a high of $7,653.49 in 2014 to a low of $4,584.09 in 2020. This variability suggests a dynamic economic environment that could impact property valuations and investment decisions. Real estate agents, appraisers, and potential investors should be aware of these trends, as they may influence housing market conditions, insurance rates, and tax planning strategies.
Cost of Living in Mellette County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,086 | $1,568 | $2,749 | $1,019 | $1,132 |
| 1 adult 4 children | $1,086 | $1,281 | $2,109 | $1,019 | $1,213 |
| 2 adults 3 children | $1,086 | $1,281 | $2,382 | $1,019 | $897 |
| 1 adult 3 children | $1,086 | $1,046 | $1,742 | $1,019 | $938 |
| 2 adults 2 children | $826 | $1,049 | $2,015 | $883 | $747 |
| 1 adult 2 children | $826 | $783 | $1,375 | $883 | $673 |
| 2 adults 1 child | $826 | $829 | $1,648 | $442 | $710 |
| 1 adult 1 child | $826 | $535 | $1,007 | $442 | $542 |
| 2 adults | $628 | $666 | $1,281 | $0 | $607 |
| 1 adult | $575 | $363 | $640 | $0 | $476 |
Safety trends & Data
Over the past two years, Mellette County, South Dakota has seen relatively low incidents of property crimes. However, in 2020, there was a notable rise in motor vehicle thefts, reaching three reported cases, and an additional case of stolen property related to buying, receiving, or possessing. This emerging trend could potentially impact property values and insurance premiums, making it crucial for real estate investors, agents, and insurance providers to stay vigilant with future crime... Read more
Property Crime Trends in Mellette County, SD Over the Last 2 Years
Over the past two years, Mellette County, South Dakota has seen relatively low incidents of property crimes, with larceny-theft consistently at one reported case each year. However, in 2020, there was a notable rise in motor vehicle thefts, reaching three reported cases, and an additional case of stolen property related to buying, receiving, or possessing. This data may hint at emerging crime trends that could affect property values and insurance premiums, making it essential for potential investors, real estate agents, and homeowner insurance providers to monitor future crime statistics closely.
Demographics
Mellette County, South Dakota, shows a balanced gender distribution, with slightly more females than males. The population skews younger with notable numbers in the under 10 and 10 to 14 age brackets, suggesting a potential focus on services for children and families. High school graduates form the largest group in educational attainment, indicating that while a majority have at least a basic education, efforts to increase higher education levels could be impactful. The racial composition is... Read more
Race Distribution in Mellette County, South Dakota (2022)
Educational Attainment in Mellette County, South Dakota (2022)
Age Distribution in Mellette County, South Dakota
Citizen Population in Mellette County, South Dakota (2022)
Political Trends & Data
The 2020 U.S. Presidential Election results in Mellette County, South Dakota suggest a strong preference for Republican candidates, who likely received approximately 58.4% of the votes. Democratic candidates possibly followed with around 38.8%, indicating some level of support. The marginal 2.9% for Libertarian candidates hints at minimal impact from third-party preferences, while the absence of significant Green Party support highlights a predominantly two-party voter base. This voting pattern... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Mellette County, South Dakota, the 2020 U.S. Presidential Election results suggest that Republican candidates likely received a significant lead with approximately 58.4% of the votes. Democratic candidates possibly trailed with roughly 38.8%, while Libertarian candidates might have garnered a minimal portion at about 2.9%. There also appeared to be no notable support for Green Party candidates or other parties. This distribution indicates a tendency toward Republican preferences among the voters in this county, although the presence of nearly 39% Democratic support could imply a somewhat competitive political landscape.
58.39% of voters voted for the Republican party in the 2020 Presidential Election
38.75% of voters voted for the Democrat party in the 2020 Presidential Election
2.86% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Mellette County, South Dakota, has shown fluctuating student-to-teacher ratios over the past decade, with ranges from 8 to 10 students per teacher. Ratios peaked at 10 in 2021 but have generally hovered around 9, consistently below the national average of 14. This trend could suggest a more personalized educational environment, potentially boosting community appeal and property values. Lower ratios might also present attractive prospects for appraisers and insurance agents, indicating strong... Read more
Student-to-teacher ratio in Mellette County, South Dakota over the last 10 years
Mellette County, South Dakota, has seen fluctuating student-to-teacher ratios over the past decade, ranging from 8 to 10 students per teacher. While ratios peaked at 10 students per teacher in 2021, they've mostly hovered around the 9 mark, which is consistently below the national average of 14. For potential investors, real estate agents, and families considering a move, this suggests a more personalized educational environment, potentially enhancing community appeal and property values. Lower ratios also offer attractive prospects for appraisers and insurance agents, as they may indicate strong local educational infrastructure.
