Armstrong County Real Estate and Livability Trends
Armstrong County, Texas has seen a noticeable rise in average taxable income per tax return, peaking at $67,661.36 in 2021, which could signal economic improvement and attract investors. Median home values climbed from $106,600 in 2015 to $167,600 in 2022, presenting an affordable yet stable growth opportunity compared to the state's average. The fluctuating student-to-teacher ratio, averaging... Read more
Armstrong County Market Trends
Armstrong County, Texas has experienced a notable rise in median home values, climbing from $106,600 in 2015 to $167,600 in 2022. Despite this growth, it's relatively modest compared to the state of Texas, which saw an increase from $136,000 to $238,000. Real estate taxes have also fluctuated, peaking at $3,420.00 in 2016 before slightly dipping. For those eyeing investment properties or... Read more
Median Value of Occupied Housing Units in Armstrong County, Texas Over the Last 8 Years
Armstrong County, Texas has seen a significant upward trend in median home values over the past eight years, from $106,600 in 2015 to $167,600 by 2022. Though impressive, this growth is relatively modest compared to the state of Texas, where median home values jumped from $136,000 to $238,000 in the same period. Nationally, median home values grew from $125,500 to $179,400. For anyone looking to invest or relocate, Armstrong County might present a more affordable gateway into Texas’s housing market, while still experiencing appreciable growth. This trend indicates a potentially safer investment with fewer spikes compared to broader state averages.
Average Real Estate Taxes Per Tax Return in Armstrong County, TX Over the Last 6 Years
Armstrong County, Texas has seen a notable rise in real estate taxes over the past six years, with an increase from approximately $2,320.00 in 2012 to around $3,420.00 in 2016 before slightly dipping to $3,320.00 in 2017. These fluctuations could impact decisions for potential property buyers or investors, as higher taxes might affect the overall cost of property ownership. Both appraisers and insurance agents might find this trend indicative of the county’s evolving market dynamics, potentially signaling rising property values or changes in tax legislation. This rising trend might also be a critical factor for real estate agents advising clients on long-term investment returns.
Percentage of Farm Returns in Armstrong County, TX Over the Last 10 Years
Armstrong County, Texas has seen a gradual decline in farm tax returns over the last decade. In 2012, farm returns were at 18.52%, but steadily decreased to around 15.84% by 2021, aside from minor fluctuations. This subtle downtrend suggests shifting dynamics in the agriculture sector, which could affect local taxes and economic stability. Investors and potential residents may want to consider this trend when evaluating the county's long-term viability for agricultural investments or rural property development.
Number of Mortgages by Occupancy Type in Armstrong County, TX Over the Last 5 Years in Armstrong County
Armstrong County, Texas has seen a noteworthy fluctuation in mortgage counts across different occupancy types over the past five years. Principal residences consistently dominate the mortgage scene, peaking at 97 in both 2020 and 2021, with investment properties trailing significantly lower, despite a slight peak at 9 in 2021. This disparity could suggest that the area is more attractive for long-term residents than for investors, potentially creating stability for prospective homeowners. Such shifts in occupancy types can impact everything from property appraisals and insurance rates to investment strategies and local economic growth, making it crucial for stakeholders to stay informed about these trends.
Economic Outlook
Armstrong County, Texas has experienced notable increases in average taxable income per tax return over the past nine years, peaking at $67,661.36 in 2021. This suggests potential economic improvement, appealing to investors, developers, and real estate agents. Meanwhile, the average total tax liability per tax return has shown considerable fluctuation, with a peak at $12,433.85 in 2015 and a significant drop to $8,361.90 in 2018, before stabilizing at $10,277.78 in 2021. These patterns could... Read more
Average Taxable Income per Tax Return in Armstrong County, TX over the last 9 years
Armstrong County, Texas has experienced notable fluctuations and generally upward trends in average taxable income per tax return over the last nine years. Starting at $52,881.93 in 2013, there was a peak in 2019 with $65,725.84, and a more recent high in 2021 at $67,661.36. Such increases in average taxable income suggest gradual economic improvement, making it an appealing location for potential investors, developers, and real estate agents. Appraisers and insurance agents might also find these figures indicative of a growing affluence in the area, impacting property values and insurance rates accordingly.
Average Total Tax Liability Per Tax Return in Armstrong County, TX Over the Last 10 Years
Armstrong County, Texas has seen some considerable fluctuations in the average total tax liability per tax return over the last decade. The highest spike occurred around 2015 with a liability peaking at $12,433.85, while a significant drop was noted in 2018, reaching as low as $8,361.90. The last few years have shown a steady increase, ending at $10,277.78 in 2021. These trends might indicate variable economic factors or changes in taxable income, which are crucial for prospective investors, real estate professionals, and those considering property developments. Understanding these tax liability trends can help in making informed financial and investment decisions in the county.
Cost of Living in Armstrong County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,306 | $1,387 | $1,985 | $1,341 | $1,008 |
| 1 adult 4 children | $1,306 | $1,133 | $1,518 | $1,341 | $1,139 |
| 2 adults 3 children | $1,306 | $1,133 | $1,722 | $1,341 | $825 |
| 1 adult 3 children | $1,306 | $925 | $1,255 | $1,341 | $919 |
| 2 adults 2 children | $961 | $928 | $1,459 | $1,161 | $691 |
| 1 adult 2 children | $961 | $693 | $993 | $1,161 | $661 |
| 2 adults 1 child | $961 | $733 | $1,196 | $577 | $658 |
| 1 adult 1 child | $961 | $474 | $730 | $577 | $537 |
| 2 adults | $769 | $589 | $933 | $0 | $560 |
| 1 adult | $662 | $321 | $467 | $0 | $466 |
Safety trends & Data
In Armstrong County, Texas, property crime trends have fluctuated over the past three years. With larceny-theft incidents at a minimal one reported case in 2018, and motor vehicle theft peaking with two arrests in 2021 but dropping to one in 2022, there's a potential shift in criminal focus or law enforcement effectiveness. For investors, real estate agents, and insurance agents, these trends hint at relatively low property crime risks, but staying updated remains essential for making informed... Read more
Property Crime Trends in Armstrong County, TX Over the Last 3 Years
In Armstrong County, Texas, the past three years show a fluctuation in property crime trends. Larceny-theft incidences were minimal with just one reported case in 2018, while motor vehicle theft saw a moderate uptick with two arrests in 2021 and a slight decrease to one in 2022. This shift may signal a changing focus in criminal activities or varying effectiveness in law enforcement strategies. For investors, real estate agents, and insurance agents, these trends could suggest a relatively low risk for property crime, but it's crucial to stay updated on such dynamics when considering long-term decisions in the area.
Demographics
In Armstrong County, Texas, the gender distribution is fairly balanced, with a slight predominance of females over males. The educational attainment levels suggest a solid foundation, with most adults finishing high school and a significant number going on to obtain associate, bachelor, or graduate degrees. The age distribution highlights a considerable portion of the population in older age brackets, potentially influencing community needs and services. Race-wise, the county is largely... Read more
Race Distribution in Armstrong County, Texas (2022)
Educational Attainment in Armstrong County, Texas (2022)
Age Distribution in Armstrong County, Texas
Citizen Population in Armstrong County, Texas (2022)
Political Trends & Data
Armstrong County, Texas exhibits a strong conservative leaning, as evidenced by the 2020 U.S. Presidential Election where around 93% of voters supported the Republican candidate. This area's political climate could potentially influence local real estate trends, particularly appealing to buyers and investors who favor areas with minimal political diversity. Republican dominance may also affect community planning, educational priorities, and business development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Armstrong County, Texas saw a notable skew in voting patterns during the 2020 U.S. Presidential Election, with an overwhelming majority—around 93%—leaning Republican. Democrats captured roughly 7% of the vote, while Libertarians barely registered with about 0.2%. This distribution suggests a predominantly conservative electorate, with minimal support for third parties or non-traditional candidates.
93.08% of voters voted for the Republican party in the 2020 Presidential Election
6.74% of voters voted for the Democrat party in the 2020 Presidential Election
0.18% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, Armstrong County, Texas, has seen its student-to-teacher ratio fluctuate between roughly nine and eleven students per teacher. Although this ratio is lower than the national average of fourteen, it suggests that students might benefit from more individualized attention and potentially higher-quality interactions with educators. These ratios could be appealing for families considering a move to the area, and it might also influence appraisals and insurance as educational... Read more
Student-to-teacher ratio in Armstrong County, Texas over the last 10 years
Over the past decade, Armstrong County, Texas, has seen its student-to-teacher ratio fluctuate between roughly nine and eleven students per teacher. Although this ratio is lower than the national average of fourteen, it suggests that students might benefit from more individualized attention and potentially higher-quality interactions with educators. These ratios could be appealing for families considering a move to the area, and it could also influence appraisals and insurance as educational quality can impact property values. Real estate agents might highlight this favorable student-to-teacher ratio as a selling point, while builders and investors could see this as a factor when planning developments.
