Todd County Real Estate and Livability Trends
Todd County, South Dakota, has seen some intriguing real estate trends that might catch an investor's eye. Median home values have bounced around significantly, from $43,700 in 2015 down to $26,000 in 2019, then back up to $40,500 in 2022. This contrast against the steady rise across the state and nation could signal unique local factors at play. Additionally, real estate taxes fell notably from... Read more
Todd County Market Trends
In Todd County, South Dakota, the real estate market has been quite volatile, especially compared to state and national trends. Median home values have fluctuated from $43,700 in 2015 down to $26,000 in 2019, then back up to $40,500 in 2022, contrasting the steady rise seen across South Dakota and nationwide. Additionally, average real estate taxes have seen a significant decrease, dropping from... Read more
Median Value of Occupied Housing Units in Todd County, South Dakota Over the Last 8 Years
In Todd County, South Dakota, the median home values over the last eight years have experienced an uneven trend, beginning at $43,700 in 2015 and dipping as low as $26,000 in 2019 before recovering to $40,500 in 2022. This volatility contrasts sharply with the broader trends seen both statewide and nationally; across South Dakota, home values rose consistently from $140,500 in 2015 to $219,500 in 2022, and the national median followed a similar upward trajectory from $125,500 to $179,400. Such discrepancies make Todd County a potentially attractive consideration for investors seeking lower initial outlays or those looking to capitalize on recovering markets.
Average Real Estate Taxes Per Tax Return in Todd County, SD Over the Last 2 Years
Recent data suggests a potential downward trend in the average real estate taxes per tax return in Todd County, South Dakota. In just five years, figures dropped from $2,650.00 in 2012 to $1,950.00 in 2017. This might be appealing for potential investors, property appraisers, or those considering moving to the area, as lower tax burdens could be indicative of a favorable investment climate or a decrease in property values. Real estate and insurance agents may also find these insights valuable when advising clients or assessing coverage and risk.
Percentage of Farm Returns in Todd County, SD Over the Last 10 Years
In Todd County, South Dakota, the percentage of farm tax returns has generally fluctuated over the past decade, hovering around 4% to 5%. Notable peaks include 2014, which saw a high of approximately 4.83%, while lows occurred in 2020 with about 3.70%. Farm tax returns, representing the portion of tax filings linked to agricultural income, are vital indicators of the agricultural sector's health and local economic stability. For potential investors, builders, or those looking to relocate, these trends suggest a relatively stable agricultural base, which might imply economic resilience and opportunities in the farming sector.
Number of Mortgages by Occupancy Type in Todd County, SD Over the Last 5 Years in Todd County
The mortgage data for Todd County, South Dakota, over the past five years suggests a relatively stable market for principal residences, with counts ranging from 14 to 21. Investment property mortgages, however, show a noticeable decline, dropping from 4 in 2018 to just 1 in 2021. These shifts could matter for investors evaluating market potential, as a stable demand for principal residences indicates consistent housing needs, while a declining interest in investment properties might reflect economic or demographic changes worth investigating. Real estate agents and appraisers should be attentive to these dynamics as they could affect property values and market strategies.
Economic Outlook
Todd County, South Dakota, has experienced a steady rise in average taxable income per tax return, climbing from $29,574.66 in 2013 to $40,711.11 in 2021. This trend hints at potential economic growth and increased affluence. Concurrently, average total tax liability per tax return has shown a fluctuating pattern, going from $4,205.44 in 2012 to $5,082.09 in 2021, with notable dips and rises along the way. For investors and real estate professionals, these trends might indicate a strengthening... Read more
Average Taxable Income per Tax Return in Todd County, SD over the last 9 years
Over the past nine years, Todd County, South Dakota has seen a gradual increase in average taxable income per tax return, rising from approximately $29,574.66 in 2013 to a significant $40,711.11 in 2021. This upward trend could potentially signal economic growth and increasing affluence in the area. For real estate agents and investors, this may suggest a strengthening market with potentially higher property values. Insurance agents and appraisers might find this trend relevant for adjustments in policy premiums and property appraisals. Those considering relocating can view Todd County as a progressively prospering region with improving financial health.
Average Total Tax Liability Per Tax Return in Todd County, SD Over the Last 10 Years
In Todd County, South Dakota, the average total tax liability per tax return has seen a fluctuating trend over the past decade, starting from $4,205.44 in 2012 and generally increasing to $5,082.09 in 2021. Peaks and troughs appear, with notable dips in 2018 at $4,065.91 and steady increases in subsequent years. This variability could suggest economic shifts and changing income levels, valuable for investors, real estate agents, and insurance agents aiming to understand the financial landscape and local market dynamics.
Cost of Living in Todd County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,104 | $1,568 | $2,749 | $1,019 | $1,087 |
| 1 adult 4 children | $1,104 | $1,281 | $2,109 | $1,019 | $1,160 |
| 2 adults 3 children | $1,104 | $1,281 | $2,382 | $1,019 | $859 |
| 1 adult 3 children | $1,104 | $1,046 | $1,742 | $1,019 | $888 |
| 2 adults 2 children | $826 | $1,049 | $2,015 | $883 | $715 |
| 1 adult 2 children | $826 | $783 | $1,375 | $883 | $631 |
| 2 adults 1 child | $826 | $829 | $1,648 | $442 | $681 |
| 1 adult 1 child | $826 | $535 | $1,007 | $442 | $516 |
| 2 adults | $628 | $666 | $1,281 | $0 | $584 |
| 1 adult | $575 | $363 | $640 | $0 | $459 |
Safety trends & Data
Todd County, South Dakota has seen a noticeable uptick in property crimes over the past five years, with 2022 marking significant spikes in vandalism and motor vehicle thefts. The increase in incidents like vandalism, which hit 59 arrests, and motor vehicle thefts reaching 24, suggests a growing concern for property security. This could potentially lead to higher insurance premiums and may influence real estate valuations and investment decisions in the... Read more
Property Crime Trends in Todd County, SD Over the Last 5 Years
Over the past five years, property crime trends in Todd County, South Dakota show a concerning increase in vandalism and motor vehicle theft. Significant spikes can be noted in 2022, with vandalism arrests hitting 59 and motor vehicle thefts reaching 24. While burglary and larceny-theft arrests have shown some fluctuation, 2022 saw a noticeable rise in both categories, hinting at a potential deterioration in property security. These trends could imply rising risks for local residents and businesses, thus impacting real estate valuations, insurance premiums, and investment decisions in the area.
Demographics
Todd County, South Dakota exhibits a diverse age distribution, indicating a potentially varied socioeconomic landscape. The county has a significant proportion of young residents, which may imply future growth but also an increased need for educational and familial support services. The dominant presence of American Indian and Alaska Native individuals suggests a culturally rich community that may face unique challenges and opportunities. Educational attainment reveals a community where a... Read more
Race Distribution in Todd County, South Dakota (2022)
Educational Attainment in Todd County, South Dakota (2022)
Age Distribution in Todd County, South Dakota
Citizen Population in Todd County, South Dakota (2022)
Political Trends & Data
In Todd County, South Dakota, the 2020 Presidential Election results hinted at a predominantly Democratic inclination, with candidates from the party securing approximately 77 percent of the vote. Republicans garnered about 21 percent, while Libertarians had a negligible influence at around 2 percent. This could suggest a robust Democratic presence, potentially guiding strategies for upcoming political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Todd County, South Dakota, the 2020 U.S. Presidential Election showed a significant leaning towards Democratic candidates, with around 77 percent of the vote. Republicans lagged considerably behind, capturing only roughly 21 percent. Libertarians had a minimal impact, contributing just around 2 percent. These trends might indicate a strong Democratic base in the region, highlighting potential areas of focus for future political campaigns.
20.95% of voters voted for the Republican party in the 2020 Presidential Election
77.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.73% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Todd County, South Dakota, the student-to-teacher ratio has seen considerable fluctuation, rising from 10 in 2016 to 15 in 2023, compared to the national average of about 14 students per teacher. This increase may suggest larger class sizes, impacting the quality of education and could signal shifts in school funding, property values, and community growth patterns. Prospective investors, real estate agents, and families may find this trend crucial in their decision-making, as it may also... Read more
Student-to-teacher ratio in Todd County, South Dakota over the last 10 years
Over the past decade in Todd County, South Dakota, the student-to-teacher ratio has varied significantly, starting from a low of 10 in 2016 to the latest figure rising sharply to 15 in 2023. These fluctuations are noteworthy, especially considering the current national average in the United States is about 14 students per teacher. A higher student-to-teacher ratio may indicate larger class sizes, potentially affecting individualized attention for students and overall educational quality. This trend could be an essential factor for prospective investors, real estate agents, and families considering a move to the county, as it might signify changes in school funding, property values, and community growth patterns. It may also influence appraisers and insurance agents by indicating shifts in local demographics and school district resources.
