Bee County Real Estate and Livability Trends
Bee County, Texas has seen home values jump from $72,900 in 2015 to $106,700 in 2022, signaling market growth opportunities. Although residential energy tax credits rose, real estate taxes were highly volatile, peaking at $5,704.76 in 2021, which might concern investors. Agricultural contributions fluctuated but peaked at 8.11% of total tax returns in 2017 before stabilizing, influencing... Read more
Bee County Market Trends
Bee County, Texas has experienced a notable increase in home values, jumping from $72,900 in 2015 to $106,700 in 2022, indicating potential market growth opportunities. Residential energy tax credits have also surged, suggesting rising incentives for energy-efficient home improvements. However, real estate taxes have shown considerable volatility, reaching $5,704.76 in 2021, which might signal... Read more
Median Value of Occupied Housing Units in Bee County, Texas Over the Last 8 Years
Bee County, Texas has seen a surge in median home values over the past eight years, jumping from $72,900 in 2015 to $106,700 in 2022. Although still significantly lower than state and national levels, this growth suggests a catch-up dynamic at play. Texas overall moved from $136,000 to $238,000 within the same period, while national figures went from $125,500 to $179,400. For prospective investors or anyone interested in this area, Bee County's rising home values could be a leading indicator of emerging market potential.
Residential Energy Tax Credit Per Tax Return in Bee County, TX Over the Last 9 Years
In Bee County, Texas, the average residential energy tax credit per tax return has seen a notable upward trajectory over the past nine years. Starting at $616.22 in 2013, the credit peaked at $1571.43 in 2021. While there were fluctuations, such as a drop in 2017 to $954.84, the overall trend indicates a significant increase. This suggests growing incentives for residents investing in energy-efficient home improvements, which can be a key factor for investors, homebuyers, and professionals in real estate and related fields.
Average Real Estate Taxes Per Tax Return in Bee County, TX Over the Last 10 Years
Over the past decade, real estate taxes in Bee County, Texas have exhibited considerable volatility. From a low of approximately $2,931.19 in 2015 to a steep rise reaching $5,704.76 in 2021, there's an evident upward trend particularly noticeable after 2016. This fluctuating pattern can signal potential financial planning concerns for investors, homeowners, appraisers, and insurance agents. Builders and real estate agents might find these trends informative for forecasting property values and advising clients on potential tax liabilities. Such a trajectory could reflect broader economic shifts or local policy changes impacting the real estate market in Bee County, Texas.
Percentage of Farm Returns in Bee County, TX Over the Last 10 Years
Bee County, Texas has seen some fluctuations in the percentage of farm tax returns over the past decade. Starting from 6.15% in 2012, the figure increased to a peak of 8.11% in 2017, before dropping back to around 6.01% in 2021. Farm tax returns are the proportion of total tax returns filed that come from farm-related income, indicating the economic contributions of agriculture to the area. Potential investors, residents, and developers might find these trends indicative of the local agricultural sector's relative stability and periodic growth, which can affect land values, local employment, and community development efforts.
Number of Mortgages by Occupancy Type in Bee County, TX Over the Last 5 Years in Bee County
Bee County, Texas has seen fluctuations in mortgage counts over the past five years, with the highest numbers recorded for principal residences. The declining trend post-2020 may reflect broader market shifts or economic changes, potentially impacting investment property decisions and second-home purchases. For investors and builders, understanding these patterns can help in making informed decisions about property types and market risks. Real estate agents and insurance agents might leverage these insights to tailor policies and marketing strategies, while appraisers should consider these historical trends in market assessments.
Economic Outlook
The average taxable income per tax return in Bee County, Texas, has ranged from $43,223.24 to $53,243.19 over the past nine years, with a notable increase in 2021 likely tied to post-pandemic recovery. State and local income taxes fluctuated between $2,266.67 in 2014 and $5,400.00 in 2015, reflecting possible shifts in economic conditions or tax policies. Total tax liability per tax return peaked at $8,347.40 in 2014 and dipped to $6,265.26 in 2016, stabilizing at $7,990.47 in 2021. These... Read more
Average Taxable Income per Tax Return in Bee County, TX over the last 9 years
Over the past nine years, Bee County, Texas has shown fluctuation in average taxable income per tax return, with figures ranging from $43,223.24 to $53,243.19. The highest notable increase appears in 2021, potentially driven by factors like economic recovery post-pandemic. Investors, appraisers, and real estate agents should consider these variations in taxable income when evaluating the area's financial health and growth potential. This insight could help in making informed decisions about property investment or insurance assessments in Bee County.
Average State and Local Income Taxes Per Tax Return in Bee County, TX Over the Last 6 Years
Average state and local income taxes per tax return in Bee County, Texas, have shown substantial variability over the past six years, with values ranging from a low of $2,266.67 in 2014 to a high of $5,400.00 in 2015. This fluctuation may indicate changes in local economic conditions or tax policies, which could be important for potential investors, real estate agents, or anyone considering moving to or doing business in the area. Keeping an eye on these trends might help in predicting future tax responsibilities and understanding the broader fiscal environment in Bee County.
Average Total Tax Liability Per Tax Return in Bee County, TX Over the Last 10 Years
The average total tax liability per tax return in Bee County, Texas has experienced fluctuations over the last decade, peaking at $8,347.40 in 2014 and dipping to a low of $6,265.26 in 2016. Most recently, in 2021, the liability settled at $7,990.47, suggesting potential stabilization after significant variability. For real estate agents, appraisers, and investors, these trends hint at potential economic shifts in the county, which could be pivotal in evaluating property values and assessing fiscal health. Insurance agents may find these numbers useful for tailoring policies based on historical economic resilience and tax patterns.
Cost of Living in Bee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,395 | $1,271 | $1,822 | $1,334 | $882 |
| 1 adult 4 children | $1,395 | $1,038 | $1,394 | $1,334 | $998 |
| 2 adults 3 children | $1,395 | $1,038 | $1,581 | $1,334 | $719 |
| 1 adult 3 children | $1,395 | $848 | $1,152 | $1,334 | $775 |
| 2 adults 2 children | $1,053 | $850 | $1,340 | $1,165 | $608 |
| 1 adult 2 children | $1,053 | $635 | $911 | $1,165 | $570 |
| 2 adults 1 child | $1,053 | $672 | $1,098 | $616 | $596 |
| 1 adult 1 child | $1,053 | $434 | $670 | $616 | $507 |
| 2 adults | $800 | $540 | $857 | $0 | $503 |
| 1 adult | $794 | $294 | $428 | $0 | $459 |
Safety trends & Data
Over five years, Bee County, Texas has witnessed a notable drop in property crimes. Burglary rates peaked at 31 in 2020 but fell sharply to 11 by 2022, and Larceny-Theft incidents decreased from 117 in 2018 to 31 in 2022. Motor Vehicle Theft has shown minor fluctuations, ranging between 4 to 9 incidents annually. This evolving safety landscape is essential for investors and residents to consider when evaluating the... Read more
Property Crime Trends in Bee County, TX Over the Last 5 Years
Over the past five years, Bee County, Texas has seen varying trends in property crimes. Burglary incidents fluctuated, peaking at 31 in 2020 but dropping significantly to just 11 by 2022. Larceny-Theft numbers also declined steadily from 117 in 2018 to 31 in 2022. Motor Vehicle Theft arrests have remained relatively low, with minor fluctuations, showing 4 to 9 incidents annually. Crimes like Arson, Fraud, and Vandalism have smaller, but notable, presence. These trends are crucial for potential investors, property developers, and residents seeking to understand the evolving safety landscape of the county.
Demographics
Bee County, Texas reveals a notable gender imbalance with a significantly higher male population compared to females. Educational attainment levels show that the majority of residents have at least a high school diploma, with a substantial segment having completed some college education without a degree. The age distribution indicates a youthful skew, with a prominent number of individuals in the 25 to 34 age bracket, yet there's a steady presence across older age groups. Racially, the county... Read more
Race Distribution in Bee County, Texas (2022)
Educational Attainment in Bee County, Texas (2022)
Age Distribution in Bee County, Texas
Citizen Population in Bee County, Texas (2022)
Political Trends & Data
Bee County, Texas, could be seen as leaning significantly Republican, with around 64% of votes in the 2020 Presidential Election favoring the GOP. Democrats received approximately 35%, showing some competitive edge yet a clear gap. Minor parties like the Libertarians and Green Party captured roughly 1% combined, indicating minimal impact. This voting trend may shape future political strategies and campaigns in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bee County, Texas, potentially leans heavily Republican with an approximate 64% share of the vote in the 2020 U.S. Presidential Election. Democrats garnered around 35%, suggesting some level of competitiveness but still a notable gap. Libertarians and Green Party candidates, while participating, only captured about 1% combined. This voting pattern may influence future political strategies and campaigns within the county.
63.76% of voters voted for the Republican party in the 2020 Presidential Election
34.90% of voters voted for the Democrat party in the 2020 Presidential Election
0.99% of voters voted for the Livertarian party in the 2020 Presidential Election
0.29% of voters voted for the Green party in the 2020 Presidential Election
0.06% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Bee County, Texas fluctuates near the national average of 14 students per teacher, with slight dips below 14 from 2020 to 2021 hinting at more personalized learning environments. This could attract investors, relocating parents, and education professionals looking into the quality of education and future workforce needs. Real estate agents and appraisers might also leverage this trend to evaluate property values influenced by local school... Read more
Student-to-teacher ratio in Bee County, Texas over the last 10 years
The student-to-teacher ratio in Bee County, Texas has shown some fluctuations over the past decade. With a low of about 14 in 2017 and peaks close to 15 in 2023, the ratio hovers near the national average for the U.S., which stands at 14 students per teacher. While ratios closer to the national benchmark could suggest standard class sizes, the occasional dips below 14 from 2020 to 2021 might indicate smaller, more personalized learning environments. Investors, parents considering relocation, and education-focused professionals might be particularly interested in these trends for insights into educational quality and potential workforce needs. Real estate agents and appraisers might also find this data relevant when evaluating property values influenced by local school performance.
