Roberts County Real Estate and Livability Trends
Roberts County, South Dakota has experienced a significant rise in median home values from $90,900 in 2015 to $127,800 in 2022, signaling steady growth and potential investment opportunities. Average taxable income per tax return has also climbed, peaking at $72,260.52 in 2021, which could indicate economic development and increased earning potential. However, real estate taxes have notably... Read more
Roberts County Market Trends
In Roberts County, South Dakota, median home values have risen from $90,900 in 2015 to $127,800 in 2022, reflecting a steady growth that, while behind state and national averages, suggests potential investment opportunities. Residential energy tax credits have varied widely, with a peak of $1,700.00 in 2015 and a low of $366.67 in 2020, possibly due to changes in energy policies and incentives.... Read more
Median Value of Occupied Housing Units in Roberts County, South Dakota Over the Last 8 Years
Over the past 8 years, median home values in Roberts County, South Dakota have seen a steady increase from $90,900 in 2015 to $127,800 in 2022. This trend is paralleled by rising home values statewide and nationally, where South Dakota's median home values surged from $140,500 to $219,500, and the United States saw an increase from $125,500 to $179,400. Despite lagging behind state and national averages, Roberts County's consistent growth suggests potential investment opportunities as the area may continue to close the gap.
Residential Energy Tax Credit Per Tax Return in Roberts County, SD Over the Last 6 Years
Residential energy tax credits in Roberts County, South Dakota have fluctuated significantly over the past six years, with a peak at $1,700.00 in 2015 and a low of $366.67 in 2020. This variability might reflect changing local energy policies, adoption rates of energy-efficient home improvements, or shifts in state and federal incentives. For anyone looking to invest or build property in the area, these trends could suggest that energy-related incentives might not be a stable factor in financial planning. Real estate agents and appraisers may find it useful to note how these credits can impact the appeal and valuation of properties in Roberts County.
Average Real Estate Taxes Per Tax Return in Roberts County, SD Over the Last 10 Years
Roberts County, South Dakota has seen fluctuating real estate taxes over the last 10 years, with significant increases in recent years. Starting at approximately $2,600.00 in 2012, the average real estate tax per return peaked at around $4,242.86 in 2020. These changes suggest a dynamic tax environment, potentially impacting property investments and valuations. Notably, 2019 and 2020 marked considerable hikes, which could be pivotal for real estate agents, investors, and appraisers assessing future property market trends.
Percentage of Farm Returns in Roberts County, SD Over the Last 10 Years
Roberts County, South Dakota, has seen some fluctuations in the percentage of farm tax returns over the last decade, ranging mainly between 16.18% and 17.05%. The peak was in 2014 when farm returns hit approximately 17.05%, while the lowest was around 15.45% in 2019. Farm tax returns indicate economic activity tied to agriculture, so these percentages can provide insights into the health and stability of the farming sector, which may be relevant for investors, property developers, and new residents. Higher percentages might suggest a robust agricultural economy, while dips could hint at challenges faced by local farmers.
Number of Mortgages by Occupancy Type in Roberts County, SD Over the Last 5 Years in Roberts County
Over the last five years, Roberts County, South Dakota, has shown variability in mortgage trends by occupancy type. Principal residences consistently dominated with a notable peak at 225 in 2021, indicating strong demand for primary homes. Meanwhile, investment properties and second residences hold relatively smaller, yet stable, shares, suggesting a consistent interest in these categories but not overt competition with the primary residence market. These shifts matter for investors and real estate agents as they highlight the potential areas for growth or saturation. Appraisers and insurance agents can tailor their services based on the types of properties being purchased, while those looking to build or move might gauge their timing and investment strategy to align with these trends.
Economic Outlook
Roberts County, South Dakota has shown a notable upward trend in average taxable income per tax return over the last nine years, starting from $46,345.62 in 2013 and peaking at $72,260.52 in 2021. This growth could signal economic development and increased earning potential, making it appealing for investors, property builders, and real estate agents. However, state and local income taxes have fluctuated, peaking in 2014 at about $8,366.67 before settling around $5,985.71 by 2017, which may... Read more
Average Taxable Income per Tax Return in Roberts County, SD over the last 9 years
Roberts County, South Dakota has shown a notable upward trend in average taxable income per tax return over the last nine years. Starting from $46,345.62 in 2013, it has seen a consistent rise, reaching a peak of $72,260.52 in 2021. This growth could signal economic development and increased earning potential in the area, making it an appealing consideration for investors, property builders, and real estate agents. Additionally, this trend might influence insurance agents and appraisers to adjust their evaluations based on the rising income levels, while current residents might experience an elevated standard of living.
Average State and Local Income Taxes Per Tax Return in Roberts County, SD Over the Last 6 Years
Roberts County, South Dakota has seen notable fluctuations in state and local income taxes per tax return over the past six years. Starting at around $4,266.67 in 2012, there was a significant rise, peaking in 2014 at approximately $8,366.67. Following this peak, the numbers have demonstrated a general decline with some variability, settling at about $5,985.71 by 2017. These trends could suggest shifting economic conditions or tax policy changes that may impact individuals considering relocation or investment in the area.
Average Total Tax Liability Per Tax Return in Roberts County, SD Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Roberts County, South Dakota has shown a general upward trend, notably increasing from around $8,112.00 in 2012 to approximately $10,900.00 in 2021. This period is characterized by periodic fluctuations but overall suggests a rising tax burden. For investors and property developers, understanding these rising tax liabilities is crucial for projecting future costs. Real estate agents and those selling properties might also find this data useful for setting realistic expectations and educating potential buyers about long-term fiscal responsibilities. Additionally, insurance agents and appraisers can use this trend to better understand the economic landscape and its possible effects on property values and client decisions.
Cost of Living in Roberts County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,117 | $1,496 | $2,458 | $1,019 | $1,015 |
| 1 adult 4 children | $1,117 | $1,222 | $1,884 | $1,019 | $1,101 |
| 2 adults 3 children | $1,117 | $1,222 | $2,130 | $1,019 | $806 |
| 1 adult 3 children | $1,117 | $998 | $1,557 | $1,019 | $850 |
| 2 adults 2 children | $826 | $1,000 | $1,803 | $883 | $682 |
| 1 adult 2 children | $826 | $747 | $1,229 | $883 | $614 |
| 2 adults 1 child | $826 | $791 | $1,475 | $442 | $661 |
| 1 adult 1 child | $826 | $511 | $901 | $442 | $514 |
| 2 adults | $673 | $635 | $1,148 | $0 | $586 |
| 1 adult | $575 | $346 | $574 | $0 | $467 |
Safety trends & Data
Property crime trends in Roberts County, South Dakota, over the past five years have shown fluctuations that could impact real estate decisions. Instances of vandalism spiked in 2018 and 2020, peaking at 15 and 16 cases, while larceny-theft generally decreased from 20 in 2018 to just 1 in 2022. Burglary exhibited significant variability, with a high of 8 in 2018 and lows of 1 in 2019 and 2021. Fraud has remained relatively stable. These trends suggest a shifting landscape of property crime that... Read more
Property Crime Trends in Roberts County, SD Over the Last 5 Years
Property crime trends in Roberts County, South Dakota, over the last five years reveal some interesting fluctuations. While 2018 and 2020 saw higher instances of vandalism, peaking at 15 and 16 cases respectively, larceny-theft has generally decreased from 20 in 2018 to just 1 in 2022. Burglary showed significant variability, spiking to 8 in 2018 and dropping as low as 1 in 2019 and 2021. Fraud has remained relatively stable with minor fluctuations. For investors, real estate agents, and people considering a move, these trends suggest a shifting landscape of property crime that could influence decisions around security measures and insurance costs.
Demographics
Roberts County, South Dakota shows a relatively balanced gender distribution among adults, with a slight male majority. The educational attainment indicates a higher proportion of adults with a high school diploma or some college experience, yet fewer have advanced degrees. Age-wise, there’s a notable presence of an older population, particularly those aged 55 and above. Racially, the county appears to have significant representation of White and American Indian or Alaska Native individuals,... Read more
Race Distribution in Roberts County, South Dakota (2022)
Educational Attainment in Roberts County, South Dakota (2022)
Age Distribution in Roberts County, South Dakota
Citizen Population in Roberts County, South Dakota (2022)
Political Trends & Data
Roberts County, South Dakota, leans predominantly Republican, with 55.8% of 2020 U.S. Presidential votes favoring the GOP. However, Democrats still garnered a notable 42.4% support, pointing to a fairly competitive political landscape. The Libertarian vote was minimal at 1.7%, while other parties didn't register significant support. This political distribution might influence future local and state elections, potentially affecting policy and development trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Roberts County, South Dakota, the voting trends for the 2020 U.S. Presidential Election might indicate a predominantly Republican preference, with 55.8% support. Democrats had a notable presence with 42.4% of the vote, suggesting a competitive political landscape. Libertarian support was minimal at 1.7%, while no significant votes were recorded for the Green Party or other parties. These figures could reflect broader statewide or regional political inclinations and may influence future local and state elections.
55.82% of voters voted for the Republican party in the 2020 Presidential Election
42.44% of voters voted for the Democrat party in the 2020 Presidential Election
1.74% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Roberts County, South Dakota has seen its student-to-teacher ratio slowly rise from about 11 students per teacher in 2014 to just over 12 in 2021, before settling at roughly 11.56 in 2023. This ratio, lower than the national average of 14 students per teacher, hints at smaller class sizes and potentially higher quality education. For real estate stakeholders, such educational metrics could signal a community that prioritizes education, possibly enhancing property appeal and stability for... Read more
Student-to-teacher ratio in Roberts County, South Dakota over the last 10 years
Roberts County, South Dakota has experienced a slow but steady increase in its student-to-teacher ratio over the past decade, rising from around 11 students per teacher in 2014 to over 12 by 2021, before slightly decreasing to approximately 11.56 in 2023. This ratio remains markedly lower than the national average of 14 students per teacher, suggesting a more favorable classroom size for individual attention and potentially higher quality of education. For investors, real estate agents, or those planning to move to the area, the low ratios might indicate a community valuing education, potentially enhancing property appeal and long-term family retention. For appraisers and insurance agents, these trends could also be indicative of stable or increasing property values driven by perceived improvements in local education quality.
