Andrews County Real Estate and Livability Trends
Andrews County, Texas has seen its median home values rise from $111,600 in 2015 to $179,300 in 2022, below the state median but near the national average. Real estate taxes surged, averaging $6,770 in 2021, suggesting higher property values and demand. The local market appears to focus on primary residences, peaking in 2020, with low activity in investment and second-home mortgages, implying... Read more
Andrews County Market Trends
From 2015 to 2022, Andrews County, Texas saw its median home values climb from $111,600 to $179,300, trailing the state median of $238,000 but aligning closely with the national average. Residential energy tax credits peaked at about $4,737.50 in 2021, indicating heavy investment in energy-efficient home upgrades. Real estate taxes also rose sharply, hitting an average of $6,770 in 2021,... Read more
Median Value of Occupied Housing Units in Andrews County, Texas Over the Last 8 Years
From 2015 to 2022, Andrews County, Texas, saw its median home values jump from $111,600 to $179,300. While Andrews County's growth is impressive, especially hitting $179,300 in 2022, it's still trailing behind Texas's state median, which skyrocketed to $238,000 in the same year. So, if you're looking to invest or build in Andrews County, there's still room for potential appreciation compared to state levels. Nationally, the median value in 2022 was nearly on par with Andrews County at $179,400, making it a competitive market without the higher investments seen at the state level.
Residential Energy Tax Credit Per Tax Return in Andrews County, TX Over the Last 9 Years
Andrews County, Texas has seen a significant increase in residential energy tax credits per tax return over the past nine years. Starting at approximately $607.14 in 2013, the average credit saw a noticeable jump to about $761.54 in 2014, and then fluctuated slightly in the years that followed. By 2017, there was a dramatic rise to $1533.33, and this upward trend continued with the average peaking at an impressive $4737.50 in 2021. These figures suggest a growing investment in energy-efficient residential upgrades, which could be appealing for investors, potential residents, and those involved in property development given the possible long-term savings and incentives.
Average Real Estate Taxes Per Tax Return in Andrews County, TX Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Andrews County, Texas have shown a clear upward trend. Starting at around $2,906.19 in 2012, there has been a steady increase each year with a significant peak in 2021, reaching approximately $6,770.00. This rise in real estate taxes could imply a growing demand for property and potentially higher property values, which may interest investors, appraisers, and real estate agents. Additionally, insurance agents and those looking to move to the area should be aware of the increasing tax obligations associated with property ownership in this region.
Percentage of Farm Returns in Andrews County, TX Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Andrews County, Texas generally fluctuated between 1.97% and 2.44%, indicating a modest but relatively stable presence of agricultural activities. Farm tax returns are typically filed by those engaged in farming operations and can reflect the overall health and prevalence of the agricultural sector within the county. For investors and potential residents considering Andrews County, this stability might suggest a consistent but small-scale farming community, offering insights into land use and economic diversification opportunities.
Number of Mortgages by Occupancy Type in Andrews County, TX Over the Last 5 Years in Andrews County
In Andrews County, Texas, the mortgage landscape over the past five years shows notable fluctuations in the number of mortgages by occupancy type. Principal residences consistently dominate, peaking in 2020 with over a thousand mortgages, which could indicate a stable and attractive market for homebuyers. Conversely, investment properties and second residences maintain much lower numbers, suggesting either a lack of interest or fewer opportunities in these areas. Changes in occupancy types can influence local infrastructure needs, property prices, and insurance rates. Potential investors or developers might view the stability in primary home mortgages as a positive indicator of long-term demand, whereas the relatively low investment property activity could either signal a saturated market or untapped potential. Adjusting strategies accordingly can help capitalize on these trends.
Economic Outlook
Andrews County, Texas has seen notable economic fluctuations over the past decade, with average taxable incomes peaking at $81,037.94 in 2014 before experiencing dips and subsequent recoveries, landing at $76,804.66 by 2021. State and local income taxes also showed variability, decreasing steadily until 2017 but increasing sharply afterward, peaking at $6,933.33 in 2018. Likewise, total tax liabilities peaked at $15,768.61 in 2014 but fluctuated downward, reaching $11,557.84 in 2021. These... Read more
Average Taxable Income per Tax Return in Andrews County, TX over the last 9 years
Over the past nine years, the average taxable income per tax return in Andrews County, Texas has shown notable fluctuations. After peaking at around $81,037.94 in 2014, the income saw a significant dip in 2016 to roughly $64,727.34. A resurgence occurred in 2018, reaching $80,933.38, before another drop in 2020. By 2021, it had climbed back to approximately $76,804.66. This variable trend may indicate economic shifts impacting income levels, essential for potential investors, real estate developers, and others interested in the county's financial health and economic stability.
Average State and Local Income Taxes Per Tax Return in Andrews County, TX Over the Last 10 Years
Average state and local income taxes per tax return in Andrews County, Texas have shown notable fluctuations over the past decade. The period between 2012 and 2017 saw a steady decline from around $5264.29 to approximately $4736.36. However, significant increases were evident starting 2018, peaking at $6933.33 and experiencing a subsequent decrease to $5966.67 by 2021. These changes could reflect evolving economic conditions, shifts in local policies, or population dynamics, which can be essential indicators for prospective investors, real estate professionals, and residents evaluating the tax climate and financial landscape of the area.
Average Total Tax Liability Per Tax Return in Andrews County, TX Over the Last 10 Years
In Andrews County, Texas, the average total tax liability per tax return has exhibited significant fluctuations over the past decade. After peaking in 2014 at $15,768.61, it took a notable dip in 2015 and again in 2016, reaching a low of $11,287.59. A similar trend of decline was observed from 2017 onwards, with a particularly sharp decrease in 2020 to $10,060.75, before rising somewhat to $11,557.84 in 2021. This variability suggests an unstable financial environment which might be essential for investors, real estate agents, and potential homeowners to consider when evaluating the area's economic climate and fiscal consistency.
Cost of Living in Andrews County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,506 | $1,371 | $1,762 | $1,310 | $973 |
| 1 adult 4 children | $1,506 | $1,120 | $1,347 | $1,310 | $1,112 |
| 2 adults 3 children | $1,506 | $1,120 | $1,529 | $1,310 | $803 |
| 1 adult 3 children | $1,506 | $915 | $1,114 | $1,310 | $884 |
| 2 adults 2 children | $1,159 | $917 | $1,296 | $1,145 | $672 |
| 1 adult 2 children | $1,159 | $685 | $881 | $1,145 | $651 |
| 2 adults 1 child | $1,159 | $725 | $1,063 | $608 | $659 |
| 1 adult 1 child | $1,159 | $468 | $648 | $608 | $566 |
| 2 adults | $1,006 | $582 | $830 | $0 | $591 |
| 1 adult | $874 | $318 | $415 | $0 | $492 |
Safety trends & Data
Real estate investors and potential homebuyers in Andrews County, Texas should note the recent fluctuations in property crime. While burglary has been decreasing, larceny-theft and vandalism are trending upwards, with larceny-theft incidents peaking at 31 in 2020 and remaining high at 26 in 2022. Stable yet variable rates of motor vehicle theft and fraud also add layers of complexity to the market... Read more
Property Crime Trends in Andrews County, TX Over the Last 5 Years
Property crime trends in Andrews County, Texas suggest varying fluctuations over the last five years. Burglary cases peaked at 10 in 2018 but showed a general decline, ending at 7 in 2022. Larceny - Theft has seen a worrisome increase, especially noticeable in 2020 with 31 incidents and staying relatively high at 26 in 2022. Vandalism is another concern, rising to 15 cases in 2022 from its lowest point of 8 in 2018. Motor Vehicle Theft and Fraud have remained relatively stable but frequently change year over year. For anyone looking to invest, move, or engage in real estate, it’s crucial to consider these trends for informed decision-making and risk assessment.
Demographics
In Andrews County, Texas, the adult population shows a balanced male-to-female ratio with a slight female majority. Educational attainment levels indicate a significant portion of the population having completed high school, but there may be room for improvement in higher education degrees. The age distribution suggests a youthful population, with a noticeable percentage under 35 years old, which could influence local education and workforce planning. Racial demographics are predominantly... Read more
Race Distribution in Andrews County, Texas (2022)
Educational Attainment in Andrews County, Texas (2022)
Age Distribution in Andrews County, Texas
Citizen Population in Andrews County, Texas (2022)
Political Trends & Data
Andrews County, Texas, displayed a strong Republican preference in the 2020 Presidential Election, with over 84% of voters casting ballots for the GOP. Democrats saw around 14.5% support, and minor parties like the Libertarians and Greens received scant backing. This overwhelming Republican majority hints at a deeply conservative community with limited interest in alternative political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Andrews County, Texas, the 2020 U.S. Presidential Election favored the Republican party significantly, capturing over 84% of the vote. Democrats trailed with around 14.5%, while Libertarians and the Green party garnered minimal support. This distribution suggests a predominantly conservative voter base with little inclination toward third-party candidates.
84.31% of voters voted for the Republican party in the 2020 Presidential Election
14.50% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.17% of voters voted for the Green party in the 2020 Presidential Election
School Data
Andrews County, Texas has experienced shifts in its student-to-teacher ratio over the past decade, with notable lows of 12 students per teacher in 2016 and highs of 15 in 2018. These fluctuations could sway investment decisions and attract or deter potential movers. A lower ratio suggests more individualized student attention, which can be a strong selling point for families. On the other hand, higher ratios might raise concerns about educational quality, impacting property values and local... Read more
Student-to-teacher ratio in Andrews County, Texas over the last 10 years
Andrews County, Texas has seen its student-to-teacher ratio fluctuate over the past ten years, with a noticeable dip to 12 students per teacher in 2016 and peaking at 15 in 2018. While the ratio has generally hovered around the national average of 14, these shifts might impact investment decisions, the appeal for movers, and the way real estate agents market the area. Fewer students per teacher could indicate more individualized attention, appealing for families considering relocation. Conversely, ratios above the national average could affect perceptions of educational quality, influencing property values and local economic growth.
