Anderson County Real Estate and Livability Trends
In Anderson County, Texas, median home values have nearly doubled from $83,000 in 2015 to $154,600 in 2022, indicating attractive market conditions for investors. Coupled with increased state and local income taxes, real estate taxes, and a notable rise in the average taxable income per tax return to $59,068.18 in 2021, economic shifts could affect investment strategies. The surge in average... Read more
Anderson County Market Trends
Anderson County, Texas has seen its median home values almost double from $83,000 in 2015 to $154,600 in 2022, outpacing both state and national averages. This surge could indicate the county's growing market appeal, making it a potentially lucrative area for investors. Additionally, the average residential energy tax credit per tax return spiked to $2,525.00 in 2018 and stayed high at about... Read more
Median Value of Occupied Housing Units in Anderson County, Texas Over the Last 8 Years
Anderson County, Texas has experienced a significant rise in median home values over the last eight years, nearly doubling from $83,000 in 2015 to $154,600 in 2022. This percentage growth arguably outpaces both the state average in Texas and the national average, which saw their median values increase to $238,000 and $179,400, respectively, in the same period. For potential investors, homebuyers, and property developers, this surge indicates a local market gaining traction and possibly suggesting a promising investment opportunity in a county that's seen more rapid appreciation compared to broader benchmarks.
Residential Energy Tax Credit Per Tax Return in Anderson County, TX Over the Last 9 Years
Over the last nine years, Anderson County, Texas has seen a significant increase in the average residential energy tax credit per tax return. Notably, there’s a sharp rise starting in 2018, with the credit peaking at $2,525.00, then fluctuating but remaining high at approximately $1,468.18 in 2021. This trend suggests a growing investment in energy-efficient home improvements, making it an attractive consideration for investors, real estate agents, and homeowners aiming to enhance property value or reduce energy costs.
Average Real Estate Taxes Per Tax Return in Anderson County, TX Over the Last 10 Years
Anderson County, Texas has experienced a notable increase in real estate taxes per tax return over the past decade, with figures rising from around $3,008.05 in 2012 to approximately $5,378.21 in 2021. This growth suggests a steady upward trend, reflecting possible increases in property values or tax rates. This trend is significant for those considering investments, property development, or real estate transactions in the area, as it could indicate an escalating cost trend that might affect profitability or budgeting. For appraisers and insurance agents, these rising taxes could suggest adjustments in property valuations and insurance premiums.
Percentage of Farm Returns in Anderson County, TX Over the Last 10 Years
Farm tax returns in Anderson County, Texas, have shown a fluctuating trend over the last decade. These returns represent the portion of tax filings submitted by farm operators, which can serve as an economic indicator of the agricultural sector's health. The percentage started from roughly 8.71% in 2012 and hovered around similar levels until a noticeable dip to about 6.48% in 2020, followed by a slight rebound to approximately 7.98% in 2021. These shifts hint at varying levels of farm activity and profitability, which could be crucial for investors and stakeholders interested in the local agricultural economy. Understanding these trends may aid in making more informed decisions regarding property investments or moves to the area, highlighting potential risks or growth opportunities within the county's farm sector.
Number of Mortgages by Occupancy Type in Anderson County, TX Over the Last 5 Years in Anderson County
Over the last five years in Anderson County, Texas, the number of mortgages for principal residences has seen a consistent increase, notably rising from 1,214 in 2018 to a peak of 1,803 in 2021. Investment properties have also experienced some growth, though on a smaller scale, escalating from 74 in 2018 to 146 in 2021. Second residence mortgages have remained relatively stable, with slight fluctuations. Shifts in occupancy type can be insightful; a surge in principal residence mortgages might hint at burgeoning community appeal, while steady investment property activity could reflect sustained rental demand. Those eyeing potential moves or investments might find the rising trend in principal residences particularly encouraging, indicating a possibly strengthening local housing market. Appraisers and insurance agents could also glean valuable insights into market demand and risk assessment based on these evolving patterns.
Economic Outlook
In Anderson County, Texas, the average taxable income per tax return saw a notable increase in 2021 to $59,068.18, hinting at potential economic growth or shifts in income distribution. Coupled with a jump in state and local income taxes to $9,480.00 in 2021 from a low of $3,400.00 in 2014, these changes suggest evolving economic conditions that could influence investment decisions. This financial landscape, marked by fluctuating total tax liabilities reaching $8,909.40 in 2021 after previous... Read more
Average Taxable Income per Tax Return in Anderson County, TX over the last 9 years
For Anderson County, Texas, the average taxable income per tax return has shown fluctuations over the past nine years, with a noticeable increase in 2021 to $59,068.18. This rise, especially post-2020, could indicate stronger economic conditions or changes in income distribution. For potential investors, real estate agents, and those in the appraisal and insurance sectors, these trends suggest a possibly growing affluence in the area, which may affect market dynamics and investment prospects in Anderson County.
Average State and Local Income Taxes Per Tax Return in Anderson County, TX Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Anderson County, Texas have shown significant fluctuation. For instance, taxes were as low as $3,400.00 in 2014 but surged to $9,480.00 in 2021. This variability may indicate economic shifts or changes in tax policy that could influence investment decisions. Those planning to move to the area or invest in property should consider these trends, as they might impact the overall cost of living or potential returns on investment.
Average Total Tax Liability Per Tax Return in Anderson County, TX Over the Last 10 Years
Over the last decade in Anderson County, Texas, the average total tax liability per tax return has been somewhat volatile, with notable peaks and drops. From 2012's average of $7,033.21, it surged to $7,455.63 in 2013 and reached a peak of $8,909.40 by 2021. However, 2016 and 2020 saw significant dips, dropping to $6,851.39 and $6,789.68 respectively. This fluctuation can impact various stakeholders; investors and real estate agents might see these trends as indicators of economic shifts, while insurance agents and appraisers might use this data to assess the county's financial landscape. For those considering moving to or living in Anderson County, Texas, understanding these tax liability trends could be crucial for long-term financial planning and decision-making.
Cost of Living in Anderson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,223 | $1,279 | $1,874 | $1,146 | $798 |
| 1 adult 4 children | $1,223 | $1,044 | $1,433 | $1,146 | $883 |
| 2 adults 3 children | $1,223 | $1,045 | $1,625 | $1,146 | $636 |
| 1 adult 3 children | $1,223 | $853 | $1,185 | $1,146 | $657 |
| 2 adults 2 children | $907 | $855 | $1,377 | $999 | $549 |
| 1 adult 2 children | $907 | $639 | $937 | $999 | $490 |
| 2 adults 1 child | $907 | $676 | $1,129 | $522 | $550 |
| 1 adult 1 child | $907 | $437 | $689 | $522 | $457 |
| 2 adults | $755 | $543 | $880 | $0 | $502 |
| 1 adult | $684 | $296 | $440 | $0 | $435 |
Safety trends & Data
Property crime in Anderson County, Texas, has experienced significant changes over the past five years, especially in larceny-theft, which saw a considerable drop from 103.00 reported incidents in 2019 to 23.00 by 2022. Burglary incidents also fell dramatically, from 32.00 in 2019 to 14.00 in 2022. Motor vehicle theft has stayed relatively stable, with reports ranging between 5.00 and 14.00. Fraud cases noted a sharp decline from 24.00 incidents in 2019 to just 3.00 by 2022. These shifts are... Read more
Property Crime Trends in Anderson County, TX Over the Last 5 Years
Property crime in Anderson County, Texas has shown significant fluctuations over the past five years. Notably, larceny-theft remains the most prevalent type, peaking at 103.00 reported incidents in 2019 but dropping sharply to 23.00 by 2022. Burglary incidents saw a dramatic reduction from 32.00 in 2019 to 14.00 in 2022. Meanwhile, motor vehicle theft has remained relatively steady, oscillating around the 5.00 to 14.00 range. A notable downturn is observed in fraud cases, which decreased from 24.00 in 2019 to just 3.00 by 2022. Such trends are essential for real estate investors, appraisers, and insurance agents who need to assess the safety and economic stability of the area.
Demographics
In Anderson County, Texas, the adult population leans significantly male, with a notable gender gap. Educational attainment reveals a large segment of the population only reaching high school, and fewer achieving graduate degrees. Age distribution suggests a relatively even spread across working-age groups but with fewer children and seniors. The racial composition is predominantly White, with African Americans being the largest minority group. This demographic snapshot provides insights into... Read more
Race Distribution in Anderson County, Texas (2022)
Educational Attainment in Anderson County, Texas (2022)
Age Distribution in Anderson County, Texas
Citizen Population in Anderson County, Texas (2022)
Political Trends & Data
Anderson County, Texas, displayed a notable Republican preference in the 2020 U.S. Presidential Election, with nearly 79% of votes leaning that way. Democrats received around 21%, while minor parties collected paltry support, less than 1% combined. This conservative stronghold likely shapes regional political dynamics and policy decisions, indicating a significant right-leaning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Anderson County, Texas, exhibited a strong tendency toward Republican preferences in the 2020 U.S. Presidential Election, with approximately 79% of the votes leaning that way. Democrats garnered around 21%, while Libertarians and Green Party candidates received a fraction, less than 1% combined. Other minor parties barely made an impact, capturing a mere 0.03%. This suggests a predominantly conservative voter base in this region, highlighting a significant political leaning that might influence future elections and policy decisions.
78.59% of voters voted for the Republican party in the 2020 Presidential Election
20.57% of voters voted for the Democrat party in the 2020 Presidential Election
0.70% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Anderson County, Texas, the student-to-teacher ratio has consistently remained below the national average, fluctuating between 12.46 in 2017 and 11.7 in 2021. This trend suggests students are likely getting more individualized attention, making the area appealing for families seeking better educational opportunities. For real estate investors and agents, this educational advantage can be a significant selling point, potentially driving higher property values and stable community... Read more
Student-to-teacher ratio in Anderson County, Texas over the last 10 years
The student-to-teacher ratio in Anderson County, Texas has hovered consistently below the national average of 14 students per teacher for the past decade, fluctuating between 12.46 in 2017 and 11.7 in 2021. With ratios in the 11 to 12 range, education stakeholders might infer that students in this county are likely receiving more individualized attention compared to many other areas in the United States. This trend could be attractive for families looking to relocate for enhanced educational opportunities, appealing to investors and real estate agents who can market properties with this benefit. Lower student-to-teacher ratios also potentially influence property appraisals and decisions by builders and insurance agents, as homeowner demand in regions with favorable educational metrics often translates to higher property values and perceived community stability.
