Ziebach County Real Estate and Livability Trends
Ziebach County, South Dakota's real estate market has seen median home values rise from $65,700.00 in 2015 to $93,000.00 in 2022, still well below both the state median of $219,500.00 and national median of $179,400.00. The substantial increase, combined with lower values, suggests potential growth opportunities for investors. Economic variability, reflected in fluctuating average taxable income... Read more
Ziebach County Market Trends
Ziebach County, South Dakota has witnessed a notable rise in median home values, jumping from $65,700 in 2015 to $93,000 in 2022. Despite this increase, home values remain significantly below both the state median of $219,500 and the national median of $179,400, hinting at potential opportunities for growth. Farm tax returns in the county have fluctuated between 28.75% and 33% over the past... Read more
Median Value of Occupied Housing Units in Ziebach County, South Dakota Over the Last 8 Years
Ziebach County, South Dakota has seen significant growth in median home values over the past eight years, starting from $65,700 in 2015 and reaching $93,000 in 2022. Despite this growth, these values are considerably lower compared to the state and national trends. South Dakota's median home value in 2022 was $219,500, while the national median stood at $179,400. For investors and potential homeowners, this gap may indicate untapped opportunities in Ziebach County as it catches up with broader market trends.
Percentage of Farm Returns in Ziebach County, SD Over the Last 10 Years
Ziebach County, South Dakota has seen fluctuating farm tax returns over the past decade, ranging from highs of roughly 33% in a few years down to lows around 28.75%. Farm tax returns represent the percentage of farm income subject to taxation, giving insight into the financial state of local agriculture. These returns are a crucial metric for potential investors, as stable or increasing returns may suggest profitable farming operations, influencing decisions about purchasing land or investing in agribusiness in the county.
Number of Mortgages by Occupancy Type in Ziebach County, SD Over the Last 5 Years in Ziebach County
In Ziebach County, South Dakota, trends in mortgage counts over the last five years show a predominant increase in mortgages for principal residences, suggesting a possibly growing demand for stable homeownership in the area. With minimal activity in investment property mortgages, it appears that investors may currently view the region as less favorable for rental or secondary property investments. For potential buyers, builders, or real estate professionals, noting these occupancy trends can provide insights into the local market's stability and growth, which can, in turn, impact appraisal values and insurance considerations. Understanding these shifts could be key for making informed decisions about engaging with this market.
Economic Outlook
Ziebach County, South Dakota has witnessed notable fluctuations in average taxable income per tax return, peaking at $41,598.00 in 2021 and dipping to $29,356.00 in 2016. This variability could indicate economic shifts affecting residents' financial stability, presenting both opportunities and risks for real estate investors and developers. Additionally, average total tax liability has followed a similarly erratic pattern, with notable declines during 2015 and 2019, but rebounding to $5,059.00... Read more
Average Taxable Income per Tax Return in Ziebach County, SD over the last 9 years
Ziebach County, South Dakota has seen fluctuations in average taxable income per tax return over the past nine years, ranging from a high of $41,598.00 in 2021 to a low of $29,356.00 in 2016. This variability in income levels may suggest underlying economic and employment changes impacting residents. For potential investors, real estate developers, and insurance agents, these trends might highlight both opportunities and potential risks in the region's economic climate. Real estate agents could find buyers whose incomes have notably increased, while appraisers might notice changing property values aligning with these income shifts.
Average Total Tax Liability Per Tax Return in Ziebach County, SD Over the Last 10 Years
In Ziebach County, South Dakota, average total tax liability per tax return over the past decade has exhibited notable fluctuations. Initially, from 2012 to 2014, the liability held relatively steady around $5,400. However, a significant drop was observed by 2015, reaching approximately $4,680. This decline continued, dipping as low as $4,240 in 2019. Interestingly, there was a marked increase in 2021, bringing the liability back up to about $5,059. These variations may reflect changing economic conditions or tax policies impacting the county, which could be a crucial consideration for potential investors, real estate agents, and insurance professionals eyeing the region.
Cost of Living in Ziebach County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,024 | $1,492 | $2,749 | $1,019 | $1,082 |
| 1 adult 4 children | $1,024 | $1,218 | $2,109 | $1,019 | $1,162 |
| 2 adults 3 children | $1,024 | $1,219 | $2,382 | $1,019 | $858 |
| 1 adult 3 children | $1,024 | $995 | $1,742 | $1,019 | $893 |
| 2 adults 2 children | $826 | $998 | $2,015 | $883 | $738 |
| 1 adult 2 children | $826 | $745 | $1,375 | $883 | $667 |
| 2 adults 1 child | $826 | $789 | $1,648 | $442 | $704 |
| 1 adult 1 child | $826 | $509 | $1,007 | $442 | $540 |
| 2 adults | $628 | $633 | $1,281 | $0 | $604 |
| 1 adult | $575 | $346 | $640 | $0 | $477 |
Demographics
In Ziebach County, South Dakota, the adult population exhibits a slight male majority with 901 males compared to 858 females. Educational attainment indicates a significant portion of residents have completed high school, yet only a small fraction possess graduate or professional degrees. Age distribution shows a younger demographic skew, particularly notable under the age of 44. The racial composition is predominantly American Indian and Alaska Native, making up the majority in this community.... Read more
Race Distribution in Ziebach County, South Dakota (2022)
Educational Attainment in Ziebach County, South Dakota (2022)
Age Distribution in Ziebach County, South Dakota
Citizen Population in Ziebach County, South Dakota (2022)
School Data
In Ziebach County, South Dakota, the student-to-teacher ratio has consistently hovered between roughly 10 to 12 students per teacher over the past decade, well below the national average of 14. This could appeal to parents seeking more individualized attention for their children, making it a potential selling point for families considering relocation. Real estate investors and agents might view smaller class sizes as indicative of stable or rising property values, suggesting Ziebach County... Read more
Student-to-teacher ratio in Ziebach County, South Dakota over the last 10 years
The student-to-teacher ratio in Ziebach County, South Dakota has consistently remained lower than the national average of 14 students per teacher over the past decade. With figures generally fluctuating between roughly 10 to 12 students per teacher, this trend could signify smaller class sizes, which might appeal to parents seeking more individualized attention for their children. For investors or real estate agents, these ratios might serve as a selling point for families considering a move to the area, as smaller class sizes are often perceived as a marker of better educational quality. Additionally, insurance agents and appraisers might view this as an indicator of stable or increasing property values, making it a potentially attractive location for new developments.
