Austin County Real Estate and Livability Trends
Austin County, Texas, has seen notable trends potentially shaping its real estate market. Median home values increased sharply from $157,000 in 2015 to $240,000 in 2022, outpacing national growth, possibly due in part to rising residential energy tax credits, which soared from $391.30 in 2013 to $2,385.00 in 2021. Real estate taxes also rose significantly, peaking at $7,481.11 per tax return in... Read more
Austin County Market Trends
Austin County, Texas has seen its median home values jump from $157,000 in 2015 to $240,000 in 2022, outpacing the broader national growth. Average residential energy tax credits per tax return skyrocketed from $391.30 in 2013 to $2,385.00 in 2021, potentially signaling increased investments in energy-efficient homes. Real estate taxes per tax return surged from $4,348.74 in 2012 to $7,481.11 in... Read more
Median Value of Occupied Housing Units in Austin County, Texas Over the Last 8 Years
Austin County, Texas has experienced a consistent rise in median home values over the past eight years, jumping from $157,000 in 2015 to $240,000 in 2022. This growth is in line with Texas's upward trend, where the state median increased from $136,000 in 2015 to $238,000 in 2022. Nationally, the increase was more moderate, with the median climbing from $125,500 to $179,400 over the same period. For potential investors and homebuyers, this robust growth in Austin County suggests a thriving real estate market, reflecting a strong local economy and increasing desirability.
Residential Energy Tax Credit Per Tax Return in Austin County, TX Over the Last 9 Years
In Austin County, Texas, over the past nine years, there has been a noticeable upward trend in the average residential energy tax credit per tax return. Starting at $391.30 in 2013, the average climbed significantly to $2,385.00 by 2021. This growth might indicate rising investments in energy-efficient home improvements, making the area potentially attractive for investors, homeowners, and builders focused on sustainability. Appraisers and insurance agents could also find this data useful for reflecting potential increases in property values. Real estate agents may want to highlight these credits when marketing properties to eco-conscious buyers.
Average Real Estate Taxes Per Tax Return in Austin County, TX Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Austin County, Texas have shown a significant upward trend, jumping from $4,348.74 in 2012 to a peak of $7,481.11 in 2020, before slightly tapering to $7,318.39 in 2021. This steady increase suggests a strengthening real estate market, possibly indicating growing property values which could be attractive for potential investors and real estate agents. However, the tax implications are something homebuyers and insurance agents should consider when evaluating long-term costs, and it might also affect appraisals and new builds in the area.
Percentage of Farm Returns in Austin County, TX Over the Last 10 Years
Over the last decade, the percentage of farm returns in Austin County, Texas has seen mostly stable trends with minor fluctuations. Starting at 12.35% in 2012, it showed marginal decreases and increases, peaking at 12.83% in 2017 and settling at around 12.63% in 2021. Farm tax returns could offer insight into the agricultural activity and economic health of the region, which may be of interest to investors, developers, and residents considering the potential for growth and development in Austin County.
Number of Mortgages by Occupancy Type in Austin County, TX Over the Last 5 Years in Austin County
Austin County, Texas has seen varying trends in mortgage counts across different occupancy types over the last five years. Notably, mortgages for principal residences have significantly outnumbered those for investment and second properties. The peak for principal residence mortgages was in 2021, indicating strong owner-occupied housing demand possibly linked to market or economic conditions during that period. In contrast, investment and second residence mortgages have remained relatively low and stable, which could suggest constrained investor interest or a smaller market for secondary homes. For investors, appraisers, and real estate agents, understanding these occupancy trends is critical as they reflect the types of properties that are in demand, influencing property values, rental markets, and lending strategies.
Economic Outlook
Austin County, Texas has seen the average taxable income per tax return fluctuate notably over the past nine years, with a dip to $62,129.26 in 2016 and peaking at $87,223.41 in 2021. This volatility could be a key consideration for investors and real estate agents evaluating market stability. Additionally, both state and local income taxes, along with total tax liability, have shown an overall increasing trend despite periodic declines. The rising financial obligations, peaking at around... Read more
Average Taxable Income per Tax Return in Austin County, TX over the last 9 years
Average taxable income per tax return in Austin County, Texas has shown some fluctuations over the last nine years, with a notable dip in 2016 at $62,129.26 and a peak in 2021 reaching $87,223.41. Year-to-year changes suggest potential volatility in economic conditions, which can be important for investors and real estate agents to consider when assessing market stability. The general upward trend, especially the recent surge, might indicate growing economic opportunities or shifts in local economic landscape prompting increased interest from appraisers, insurance agents, and prospective residents.
Average State and Local Income Taxes Per Tax Return in Austin County, TX Over the Last 10 Years
Over the last decade, Austin County, Texas, has seen fluctuating yet overall increasing trends in state and local income taxes per tax return. Starting at $7012.50 in 2012, the average tax burden dropped to a low of $4037.50 in 2014 but subsequently escalated to $8300.00 by 2021. Such variability and eventual growth suggest a potentially increasing financial obligation for residents, a factor that could impact decisions for investors, prospective residents, and real estate professionals considering fiscal trends in their evaluations.
Average Total Tax Liability Per Tax Return in Austin County, TX Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Austin County, Texas has shown notable fluctuations, peaking at around $17,672.00 in 2021 after a previous high of approximately $17,427.00 in 2017. There were significant declines as well, especially in 2016 and 2019 when values dipped to about $11,623.00 and $11,777.00 respectively. These variations could influence decisions for investors, real estate agents, and potential homeowners assessing the financial dynamics and tax landscape of the area.
Cost of Living in Austin County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,357 | $1,283 | $1,865 | $1,688 | $1,029 |
1 adult 4 children | $1,357 | $1,048 | $1,426 | $1,688 | $1,180 |
2 adults 3 children | $1,357 | $1,048 | $1,619 | $1,688 | $857 |
1 adult 3 children | $1,357 | $856 | $1,179 | $1,688 | $974 |
2 adults 2 children | $955 | $858 | $1,372 | $1,469 | $699 |
1 adult 2 children | $955 | $641 | $933 | $1,469 | $683 |
2 adults 1 child | $955 | $678 | $1,125 | $757 | $647 |
1 adult 1 child | $955 | $438 | $686 | $757 | $550 |
2 adults | $826 | $545 | $879 | $0 | $551 |
1 adult | $639 | $297 | $439 | $0 | $430 |
Safety trends & Data
Austin County, Texas, has experienced notable variations in property crime over the last five years. In 2019, larceny-theft spiked with 21 incidents, and burglary rose sharply to 13 arrests. Motor vehicle theft peaked in 2018 but saw a significant decline afterward. Embezzlement was only reported in 2018, while arson emerged for the first time in both 2020 and 2021 with one case each. Fraud and vandalism have remained relatively steady but varied in numbers, offering potential insights for... Read more
Property Crime Trends in Austin County, TX Over the Last 5 Years
Property crime in Austin County, Texas has seen notable fluctuations over the past five years. Significant peaks include a spike in larceny-theft in 2019 with 21 incidents, while burglary saw a sharp rise to 13 arrests that same year. Motor vehicle theft was highest in 2018 and then saw a significant drop in subsequent years. Interestingly, embezzlement was only reported in 2018, and arson appeared for the first time in 2020 and 2021 with one case each. Fraud and vandalism have remained relatively steady but varied in numbers across the years. This data suggests that while some crime categories show periodic increases, others like motor vehicle theft and embezzlement have either declined or stayed low, offering valuable insights for potential investors, real estate agents, and residents.
Demographics
Austin County, Texas exhibits a near-even gender split among its adults, with slightly more males than females. Education levels show varying achievement, with a notable segment having just high school diplomas or some college experience but no degree. Age-wise, the population skews middle-aged, with significant proportions in the 25 to 64 year range. Racially, the county is predominantly White, with modest representation from Black or African American and other ethnic groups. These patterns... Read more
Race Distribution in Austin County, Texas (2022)
Educational Attainment in Austin County, Texas (2022)
Age Distribution in Austin County, Texas
Citizen Population in Austin County, Texas (2022)
Political Trends & Data
Austin County, Texas, shows a strong leaning towards Republican candidates, with the 2020 U.S. Presidential Election revealing that 79% of voters supported the Republican candidate. This could indicate a political climate that may influence local real estate trends, potentially attracting buyers who prefer stable, conservative communities. On the flip side, the minimal impact of third-party candidates suggests limited voter diversity, which may be something for potential residents to consider... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Austin County, Texas, approximately 79% of the vote went to the Republican candidate in the 2020 U.S. Presidential Election, while around 20% supported the Democratic candidate. The Libertarian and Green parties had minimal impact, collecting roughly 0.8% and 0.2% of the votes, respectively. This trend could suggest a strong Republican presence in local political culture.
78.65% of voters voted for the Republican party in the 2020 Presidential Election
20.28% of voters voted for the Democrat party in the 2020 Presidential Election
0.85% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Green party in the 2020 Presidential Election
School Data
Austin County, Texas, demonstrates a relatively favorable teaching environment with a student-to-teacher ratio that has generally remained below the national average. Starting at nearly twelve students per teacher in 2014, it peaked just above thirteen in 2020, before settling around twelve and a half in 2023. This trend could appeal to families prioritizing education, presenting a potential marketing angle for investors and real estate... Read more
Student-to-teacher ratio in Austin County, Texas over the last 10 years
The student-to-teacher ratio in Austin County, Texas has seen a consistent uptick, starting at nearly twelve students per teacher in 2014 and rising to just above thirteen by 2020, before modestly declining to around twelve and a half in 2023. Compared to the national average of fourteen students per teacher, Austin County demonstrates a relatively favorable teaching environment, which could potentially make it an attractive option for families considering relocation. Investors and real estate agents could find this data useful when marketing properties to families prioritizing education, while appraisers and insurance agents might consider this trend indicative of a stable or improving local infrastructure.