Texas County Real Estate and Livability Trends
Texas County, Missouri has seen a substantial rise in the average taxable income per tax return, climbing from $33,922.50 in 2013 to $48,980.78 in 2021, suggesting possible economic growth or shifts in demographics and affluence. Interestingly, while median home values increased from $99,300 in 2015 to $120,800 in 2022, they still trail behind state and national averages, indicating ongoing... Read more
Texas County Market Trends
Median home values in Texas County, Missouri, have risen from $99,300 in 2015 to $120,800 in 2022, indicating a growing demand but still lagging behind both state and national averages. Residential energy tax credits have fluctuated, with notable peaks in 2015 and 2018, suggesting periodic boosts in energy-efficient home improvements. Real estate taxes have increased from $1,004.00 in 2012 to... Read more
Median Value of Occupied Housing Units in Texas County, Missouri Over the Last 8 Years
Median home values in Texas County, Missouri have shown a steady increase over the last eight years, rising from $99,300 in 2015 to $120,800 in 2022. While this upward trend may reflect a growing demand and a strengthening local economy, it still lags behind both Missouri state and national averages. In Missouri, home values surged from $138,400 to $199,400 during the same period, while the national figures jumped from $125,500 to $179,400. For potential investors and homebuyers, Texas County offers a cheaper entry point compared to broader state and national markets, suggesting a relative affordability despite rising prices.
Residential Energy Tax Credit Per Tax Return in Texas County, MO Over the Last 9 Years
Residential energy tax credits in Texas County, Missouri, have shown considerable fluctuations over the past nine years. From a modest $507.69 in 2013, the credit spiked significantly in 2015 to $1,245.45 and again in 2018 to $3,350.00, suggesting periodic bursts of investment in energy-efficient home improvements. This trend indicates a growing awareness and possible incentives for energy conservation among residents, peaking interest for those looking to capitalize on green investments. For real estate agents, builders, and insurers, these variations reflect a potentially evolving market focused on energy efficiency, potentially impacting property values and insurance rates.
Average Real Estate Taxes Per Tax Return in Texas County, MO Over the Last 10 Years
Over the past decade, Texas County in Missouri has seen a noticeable increase in average real estate taxes per tax return. From around $1,004.00 in 2012 to about $1,793.33 in 2021, the trend appears to reflect a rise in property values or changes in tax rates. This could be an important consideration for investors, real estate agents, and prospective property buyers eyeing the region, potentially indicating a growing demand for real estate or improvements in local amenities. For insurance agents and appraisers, the rising tax values might necessitate updated property valuations and risk assessments.
Percentage of Farm Returns in Texas County, MO Over the Last 10 Years
Farm tax returns in Texas County, Missouri have seen a slight decline over the past decade, down from around 16.34% in 2012 to approximately 13.74% in 2021, with a notable dip to 13.18% in 2020. Farm tax returns reflect the number of tax filings reporting farm-related income, which can be an indicator of farming activity and economic health within the agricultural sector. For those interested in investing or moving into the area, this trend might suggest a shifting local economy with potential agricultural opportunities or challenges.
Number of Mortgages by Occupancy Type in Texas County, MO Over the Last 5 Years in Texas County
Texas County, Missouri, has seen a steady increase in the popularity of mortgages for principal residences over the past five years, with numbers growing from 606 in 2018 to a peak of 918 in 2021, then slightly decreasing to 734 in 2022. In contrast, mortgages for investment properties and second residences remain relatively low and stable, indicating a less volatile market segment. These trends can be crucial for investors and developers, highlighting a robust demand for primary housing, which could imply stable rental yields for those considering rental investments. For real estate agents and appraisers, understanding these occupancy type shifts helps in assessing housing market trends and advising clients more effectively. Insurance agents might also see a need for tailored policies based on this demand shift, ensuring optimal coverage for the predominant occupancy types in the area.
Economic Outlook
Texas County, Missouri has seen a notable increase in the average taxable income per tax return, jumping from $33,922.50 in 2013 to $48,980.78 in 2021. This rise might hint at economic growth or changing demographics, suggesting a possibly evolving and affluent community. Additionally, state and local income taxes per tax return have risen significantly, from $5,426.32 in 2018 to $6,506.25 in 2021, indicating higher tax burdens that could impact disposable income. The average total tax... Read more
Average Taxable Income per Tax Return in Texas County, MO over the last 9 years
Over the past nine years, Texas County, Missouri has seen a notable increase in the average taxable income per tax return, rising from $33,922.50 in 2013 to $48,980.78 in 2021. This upward trend, particularly the significant jump between 2020 and 2021, might hint at economic growth or changing demographics in the area. For potential investors, real estate agents, and appraisers, this suggests a possibly evolving and affluent community. Insurance agents and property builders might find this data useful to customize their offerings and strategies accordingly, reflecting the economic vitality and potential of Texas County.
Average State and Local Income Taxes Per Tax Return in Texas County, MO Over the Last 10 Years
Over the past decade, Texas County, Missouri has seen notable increases in state and local income taxes per tax return, with a more pronounced spike from 2018 to 2021 where figures rose from $5,426.32 to $6,506.25. This suggests a trend towards higher tax burdens, potentially impacting disposable income and cost of living. For potential investors or those looking to relocate, the rising tax rates could influence decisions, urging further examination of long-term financial commitments and return on investments in the area.
Average Total Tax Liability Per Tax Return in Texas County, MO Over the Last 10 Years
Over the last decade, Texas County, Missouri has seen a notable increase in the average total tax liability per tax return, jumping from roughly $4,056.33 in 2012 to about $6,938.23 in 2021. Such a trend could point toward rising incomes or property values, or potentially changes in local tax policies. For potential investors, property developers, and real estate agents, these figures might suggest an economically growing area. However, it’s healthy to consider this alongside other economic indicators and trends to get a full picture of the financial landscape.
Cost of Living in Texas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,015 | $1,303 | $2,153 | $831 | $1,076 |
| 1 adult 4 children | $1,015 | $1,064 | $1,648 | $831 | $1,151 |
| 2 adults 3 children | $1,015 | $1,064 | $1,867 | $831 | $857 |
| 1 adult 3 children | $1,015 | $869 | $1,362 | $831 | $859 |
| 2 adults 2 children | $746 | $871 | $1,581 | $704 | $707 |
| 1 adult 2 children | $746 | $651 | $1,076 | $704 | $620 |
| 2 adults 1 child | $746 | $689 | $1,295 | $291 | $647 |
| 1 adult 1 child | $746 | $445 | $790 | $291 | $532 |
| 2 adults | $660 | $553 | $1,009 | $0 | $593 |
| 1 adult | $549 | $302 | $505 | $0 | $505 |
Safety trends & Data
In Texas County, Missouri, property crime trends have shown significant fluctuations over the past five years. Notably, larceny-theft arrests peaked at 120.00 in 2019, while burglary arrests have seen a general decrease from 40.00 in 2018 to 12.00 in 2022. Motor vehicle theft has remained relatively stable. Meanwhile, fraud arrests experienced a dramatic drop, reaching just 1.00 in 2020 and 2.00 in 2021. These trends can be crucial for property investors and residents, impacting perceptions of... Read more
Property Crime Trends in Texas County, MO Over the Last 5 Years
In Texas County, Missouri, property crime trends over the past five years show a notable fluctuation. Larceny-theft consistently leads the number of arrests, peaking at 120.0 in 2019 but varying each year. Burglary arrests have generally decreased, from 40.0 in 2018 to 12.0 in 2022. Motor vehicle theft remained relatively stable, while fraud arrests saw a significant drop to 1.0 in 2020 and 2.0 in 2021. Property investors and residents should consider these trends when evaluating the area's safety and its potential impact on property value and insurance rates.
Demographics
Texas County, Missouri, shows an adult population with a slight male majority. Education levels reveal a significant portion of residents completing high school but not progressing to higher education; high school graduates account for over 30%. Age distribution suggests a balanced population spread, although there's a notable increase in the 55 to 64 years segment. The racial composition is predominantly White, with minimal representation from other racial groups, reflecting limited racial... Read more
Race Distribution in Texas County, Missouri (2022)
Educational Attainment in Texas County, Missouri (2022)
Age Distribution in Texas County, Missouri
Citizen Population in Texas County, Missouri (2022)
Political Trends & Data
Texas County, Missouri seemed to lean heavily Republican in the 2020 U.S. Presidential Election, with around 83.8% of votes potentially going to the Republican Party and only about 15.2% to the Democratic Party. Minor parties like the Libertarian and Green garnered minimal support, below 1%. This trend may highlight a strong conservative base in the area, potentially affecting broader electoral dynamics in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Texas County in Missouri appeared to lean heavily Republican in the 2020 U.S. Presidential Election, with around 83.8% of the votes ostensibly going to the Republican party, which could suggest a strong conservative base. Approximately 15.2% of voters possibly favored the Democratic party, while minor parties like the Libertarian and Green parties garnered minimal support, below 1%. This trend could indicate a significant political imbalance, revealing how certain regions might contribute to the broader electoral dynamics in Missouri.
83.76% of voters voted for the Republican party in the 2020 Presidential Election
15.17% of voters voted for the Democrat party in the 2020 Presidential Election
0.82% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% of voters voted for the Green party in the 2020 Presidential Election
0.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
Texas County, Missouri's student-to-teacher ratio has usually hovered between 11 and 12 students per teacher but dropped to 10.94 in 2023 from 11.68 in 2015. With a national average of 14 students per teacher, the county offers potentially more individualized attention, which might make it attractive to families prioritizing education. This trend could positively influence local real estate values and offer insights for investors, builders, and real estate agents into the area's appeal and... Read more
Student-to-teacher ratio in Texas County, Missouri over the last 10 years
The student-to-teacher ratio in Texas County, Missouri has mostly hovered between 11 and 12 over the last decade, with slight fluctuations. Notably, the ratio dropped to 10.94 in 2023 from 11.68 in 2015. With the national average being 14 students per teacher, Texas County remains below this figure, potentially offering more individualized attention to students. This lower ratio might be an attractive feature for families prioritizing education and could influence local real estate values positively. For investors, builders, and real estate agents, understanding these trends could provide insights into the area's appeal and infrastructural needs.
