Bell County Real Estate and Livability Trends
Bell County, Texas has seen median home values rise sharply from $127,500 in 2015 to $196,300 in 2022, significantly outpacing national growth but still lagging behind the Texas average of $238,000. Increased taxable income from $46,045.49 in 2013 to $62,041.76 in 2021 suggests economic growth, although higher state and local taxes now likely contribute to a higher tax burden on residents. Real... Read more
Bell County Market Trends
The median home values in Bell County, Texas have risen sharply from $127,500 in 2015 to $196,300 in 2022, outpacing the national growth but still staying lower than the Texas average, which reached $238,000. The average residential energy tax credit per tax return in Bell County peaked dramatically at $3,798.65 in 2018 before settling around $3,632.06 in 2021, hinting at growing investments in... Read more
Median Value of Occupied Housing Units in Bell County, Texas Over the Last 8 Years
The median home values in Bell County, Texas have shown consistent growth over the past eight years, reaching $196,300 in 2022 from $127,500 in 2015. This increase appears steeper compared to the national median, which moved from $125,500 in 2015 to $179,400 in 2022. Within Texas, however, home values have surged even more, from $136,000 in 2015 to $238,000 in 2022. This suggests that while Bell County is experiencing healthy growth, it may still be more affordable than the broader state housing market, making it an intriguing option for investors and new residents looking for growth potential without the highest costs seen in other parts of Texas.
Residential Energy Tax Credit Per Tax Return in Bell County, TX Over the Last 9 Years
In Bell County, Texas, the average residential energy tax credit per tax return has seen significant fluctuations over the past nine years. Starting at $418.80 in 2013, there was a steady rise to $916.49 by 2016, peaking dramatically at $3,798.65 in 2018. Although there was a slight dip to $3,180.31 in 2020, the value rebounded to $3,632.06 by 2021. These trends might suggest growing investments in energy-efficient home improvements and could be relevant for potential investors, builders, real estate agents, and residents considering the long-term financial benefits of these upgrades.
Average Real Estate Taxes Per Tax Return in Bell County, TX Over the Last 10 Years
Over the last decade, Bell County, Texas has seen a consistent increase in average real estate taxes per tax return, starting at approximately $3,928.11 in 2012 and reaching about $6,858.44 by 2021. This trend suggests a gradually rising tax burden for homeowners, which could impact decisions for potential investors, homebuyers, and real estate professionals. With a noticeable jump around 2017-2018, marked by a nearly $1,400 increase, this shift might hint at changing property values or fiscal policies within the county. Such data could be critical for insurers, appraisers, and developers when assessing the area's financial landscape.
Percentage of Farm Returns in Bell County, TX Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Bell County, Texas has generally shown a gradual decline, starting at approximately 1.77% in 2012 and dipping to around 1.34% by 2021. Farm tax returns, which are specialized tax filings for agricultural businesses, typically indicate the scale and health of farming activities in the region. This trend might suggest that fewer farms are profitable enough to require such filings, potentially affecting agricultural investment opportunities, property values, and economic development in the area.
Number of Mortgages by Occupancy Type in Bell County, TX Over the Last 5 Years in Bell County
Bell County, Texas has seen significant shifts in mortgage activity across different occupancy types over the last five years. Notably, the volume of mortgages for principal residences peaked in 2021 but saw a considerable drop in 2022, suggesting possible influences from market or economic conditions. Investment property mortgages also surged in 2021 before declining sharply the following year. For insurance agents and appraisers, these variations could impact risk assessments and property valuations, while investors and real estate agents might find opportunities in the changing demand for investment properties. Potential homebuilders and movers might need to consider these trends when evaluating the county's housing market dynamics.
Economic Outlook
In Bell County, Texas, the average taxable income per tax return has seen a steady rise from $46,045.49 in 2013 to $62,041.76 in 2021, hinting at economic growth. Meanwhile, state and local income taxes have more than doubled over the last decade, with an increase from $3,814.96 in 2012 to $6,363.33 in 2021, suggesting either higher incomes or tax adjustments. The average total tax liability has also trended upward, rising from $6,910.27 in 2012 to $9,061.92 in 2021, which might reflect... Read more
Average Taxable Income per Tax Return in Bell County, TX over the last 9 years
Over the last nine years, Bell County, Texas has exhibited a steady increase in the average taxable income per tax return, rising from $46,045.49 in 2013 to $62,041.76 in 2021. This consistent growth, particularly a notable rise in 2021, suggests a strengthening local economy, which could be of interest to potential investors, real estate agents, and newcomers considering this area for relocation. For those in the appraisal and insurance industries, understanding these trends is vital as it may directly impact property appraisals and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Bell County, TX Over the Last 10 Years
Over the last decade, Bell County, Texas has experienced a surge in average state and local income taxes per tax return, more than doubling from $3,814.96 in 2012 to $6,363.33 in 2021. This steady increase, peaking in 2020 at $6,542.86, could imply rising incomes or tax rate adjustments. For those looking to invest or settle in the area, this trend might hint at a growing economy and potentially higher living standards. Real estate agents, appraisers, and insurance agents may find this data insightful for gauging property values and living costs.
Average Total Tax Liability Per Tax Return in Bell County, TX Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Bell County, Texas has shown a general upward trend. Starting from $6,910.27 in 2012, there was a gradual increase reaching $9,061.92 by 2021. Notably, the data reflects fluctuations, such as a dip in 2016, but the overall pattern suggests rising tax liabilities. This trend may indicate growing incomes or changes in tax policy, which could impact decisions for potential investors, homeowners, insurance agents, and real estate professionals considering the area.
Cost of Living in Bell County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,368 | $1,279 | $2,011 | $1,300 | $871 |
1 adult 4 children | $1,368 | $1,044 | $1,538 | $1,300 | $964 |
2 adults 3 children | $1,368 | $1,045 | $1,744 | $1,300 | $703 |
1 adult 3 children | $1,368 | $853 | $1,272 | $1,300 | $759 |
2 adults 2 children | $963 | $855 | $1,478 | $1,131 | $587 |
1 adult 2 children | $963 | $639 | $1,005 | $1,131 | $513 |
2 adults 1 child | $963 | $676 | $1,211 | $581 | $559 |
1 adult 1 child | $963 | $437 | $739 | $581 | $461 |
2 adults | $758 | $543 | $945 | $0 | $486 |
1 adult | $753 | $296 | $472 | $0 | $434 |
Safety trends & Data
Bell County, Texas, sees high larceny-theft rates, peaking with 1,073 cases in 2018 and fluctuating since. Burglary and motor vehicle theft seem to have somewhat decreased, while fraud cases stay relatively stable over the years. Arson shows low but sporadic spikes in 2018 and 2021. Trends in vandalism and embezzlement are modest but inconsistent annually. These crime trends might be useful for those eyeing real estate or considering moving to Bell County, helping inform risk assessment and... Read more
Property Crime Trends in Bell County, TX Over the Last 5 Years
Bell County, Texas, has seen varied trends in property crime over the past five years. Larceny-theft consistently appears high, peaking in 2018 with 1073 cases and experiencing fluctuations afterward. Burglary and motor vehicle theft have somewhat decreased, while fraud cases remain relatively stable. Arson figures are low but show volatility with spikes in 2018 and 2021. Trends in vandalism and embezzlement are modest but indicate year-to-year inconsistencies. Those interested in real estate or living in Bell County may find these crime trends useful for risk assessment and investment decisions.
Demographics
Bell County, Texas shows a fairly balanced gender ratio in its adult population, highlighting a nearly equal split between males and females. On the educational front, a significant portion of adults have attended college, although many have not completed a degree, signaling potential in workforce development. Age distribution suggests a large number of young residents with substantial populations in both the under-10 and 25-to-34 age brackets, indicating potential growth and a youthful... Read more
Race Distribution in Bell County, Texas (2022)
Educational Attainment in Bell County, Texas (2022)
Age Distribution in Bell County, Texas
Citizen Population in Bell County, Texas (2022)
Political Trends & Data
In Bell County, Texas, Republicans secured around 53% of votes in the 2020 Presidential Election, indicating a stable GOP stronghold. Democrats attracted roughly 45% of the vote, showing notable but non-majority support. Libertarians and Greens contributed around 1.5% and 0.3%, respectively, showing limited but present influence from minor parties. This political landscape may influence local real estate trends, particularly in buyer preferences and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bell County, Texas, the 2020 U.S. Presidential Election saw Republicans capture approximately 53% of the vote, overshadowing Democrats who garnered around 45%. Minor parties like the Libertarians and Greens contributed modest shares, at about 1.5% and 0.3%, respectively. This data suggests a relatively stable Republican stronghold, with Democratic support significant but insufficient for a majority.
53.30% of voters voted for the Republican party in the 2020 Presidential Election
44.76% of voters voted for the Democrat party in the 2020 Presidential Election
1.55% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
0.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Bell County, Texas has seen its student-to-teacher ratio generally align with the national average of 14 students per teacher. The ratio did peak at nearly 15 in 2019, but dipped to 14 in 2021 and has stayed close to the national average since. These fluctuations can significantly impact classroom dynamics and educational quality, which matters for potential homebuyers, real estate investors, and educational institutions assessing the area. A consistently higher ratio... Read more
Student-to-teacher ratio in Bell County, Texas over the last 10 years
Over the past decade, Bell County, Texas has seen its student-to-teacher ratio fluctuate but largely hover around the national average of 14 students per teacher. Notably, the ratio peaked at nearly 15 in 2019 but saw a slight dip to 14 in 2021 before stabilizing closer to the national average in recent years. These variations in student-to-teacher ratio can impact classroom dynamics and educational quality, influencing decisions for potential homebuyers, real estate investors, and educational institutions in the area. A consistently higher ratio could indicate stretched resources which might be a consideration for families moving to the region or for appraisers and insurance agents assessing the community's educational landscape.