Brazos County Real Estate and Livability Trends
Brazos County, Texas has experienced a marked increase in average taxable income per tax return, rising from $58,143.81 in 2013 to $79,576.81 in 2021. Real estate values have followed suit, with median home prices climbing from $160,000 in 2015 to $260,800 in 2022, outpacing broader trends. Despite a fluctuating poverty rate, recent declines in property crime rates may enhance the appeal for... Read more
Brazos County Market Trends
In Brazos County, Texas, the median home value has surged from $160,000 in 2015 to $260,800 in 2022, outpacing trends in both Texas and the nation. Significant fluctuations in the average residential energy tax credit, peaking at $1,509.38 in 2018, suggest growing investments in energy-efficient homes, potentially driving property values higher and attracting eco-conscious buyers. Real estate... Read more
Median Value of Occupied Housing Units in Brazos County, Texas Over the Last 8 Years
Brazos County, Texas has seen steady growth in median home values over the past eight years, jumping from $160,000 in 2015 to $260,800 in 2022. This outpaces both Texas and national trends, where home values increased from $136,000 to $238,000 and $125,500 to $179,400 respectively over the same period. For investors, this consistent rise could signal robust market confidence and potential returns, while those looking to move or build in the area might need to act sooner to avoid escalating costs.
Residential Energy Tax Credit Per Tax Return in Brazos County, TX Over the Last 9 Years
Over the last nine years, Brazos County, Texas has seen significant fluctuations in the average residential energy tax credit per tax return, peaking dramatically from $435.29 in 2016 to $1,509.38 in 2018. This surge may imply growing investments in energy-efficient home upgrades. For potential investors, real estate agents, and those considering new property developments, this could indicate a rising trend in energy-conscious consumer behavior potentially driving property values. Appraisers and insurance agents might note higher valuations or specific insurance needs linked to such upgrades. This data might suggest an increasing attractiveness for eco-conscious homebuyers looking in the region.
Average Real Estate Taxes Per Tax Return in Brazos County, TX Over the Last 10 Years
Average real estate taxes in Brazos County, Texas show a noticeable upward trend over the past decade, starting at approximately $5,076.68 in 2012 and rising to around $9,040.04 by 2021. This steady increase might signal rising property values, an expanding local economy, or higher tax rates, which could impact prospective buyers and investors considering the area. The sharp jump between 2017 and 2018, where taxes increased by over $1,500, tends to suggest significant changes in the local real estate landscape during that period. Understanding these trends could be valuable for real estate agents, appraisers, or anybody involved in property development or investment in Brazos County.
Percentage of Farm Returns in Brazos County, TX Over the Last 10 Years
Over the past decade, Brazos County, Texas has seen a slight decline in the percentage of farm tax returns, moving from approximately 2.64% in 2012 to around 2.19% in 2021. Farm tax returns essentially reflect the economic activity and profitability of agricultural operations within the county. For those considering investments or property development, this trend might suggest either a shift in local economic focus or challenges facing the farming sector. This could influence decisions on resource allocation or development strategies, particularly in areas connected with agriculture.
Number of Mortgages by Occupancy Type in Brazos County, TX Over the Last 5 Years in Brazos County
In Brazos County, Texas, over the past five years, there's been a noticeable decline in mortgages for principal residences, peaking in 2021 with 10,455 and dropping to 6,612 in 2022. Investment properties saw a smaller peak in the same year but also decreased by 2022. Second residences consistently trailed both categories, showing a decreasing trend as well. These shifts in occupancy type may signal changing market dynamics that potential investors, real estate agents, and appraisers should monitor closely. For those planning to build or move to the area, declining mortgage counts might suggest a cooling real estate market, potentially impacting property values and investment returns. Insurance agents might also be interested as fluctuating property types can affect risk assessments and policy pricing.
Economic Outlook
Brazos County, Texas has seen a notable rise in average taxable income per tax return, climbing from $58,143.81 in 2013 to $79,576.81 in 2021, hinting at enhanced economic vitality. State and local income taxes have fluctuated widely, peaking at approximately $12,622.00 in 2020, which could reflect broader economic changes or policy adjustments. The average total tax liability per tax return has steadily risen, hitting $14,719.48 in 2021, indicating potential shifts in local income levels.... Read more
Average Taxable Income per Tax Return in Brazos County, TX over the last 9 years
Over the last nine years, Brazos County, Texas has experienced a notable upward trend in average taxable income per tax return. Starting at $58,143.81 in 2013, there has been a general increase with minor fluctuations, culminating in a substantial rise to $79,576.81 by 2021. This could signal a growing economic vitality and may be of interest to potential investors, appraisers, insurance agents, and real estate professionals considering the area. Elevated average incomes might suggest higher disposable incomes, housing demands, and could potentially influence property values and investment returns in the county.
Average State and Local Income Taxes Per Tax Return in Brazos County, TX Over the Last 10 Years
Brazos County, Texas has shown varied fluctuations in average state and local income taxes per tax return over the past decade, ranging from a low of around $6,584.00 in 2014 to a peak of approximately $12,622.00 in 2020. The trends highlight significant increases in certain years like 2018 and 2020, potentially reflecting broader economic changes or local policy adjustments. These shifts may influence investment decisions, property values, and living costs, making it crucial for investors, real estate professionals, and residents to stay informed on tax trends. The notable tax increases might interest stakeholders in assessing long-term financial commitments in the area.
Average Total Tax Liability Per Tax Return in Brazos County, TX Over the Last 10 Years
Over the last decade, Brazos County, Texas has experienced a steady increase in the average total tax liability per tax return, culminating in a notable spike to $14,719.48 in 2021. This upward trend, particularly the sharp rise in the most recent year, may reflect broader economic changes or shifts in local income levels, which could be significant for potential investors and residents. Understanding these patterns can be crucial for real estate agents and appraisers, as such financial fluctuations often correlate with property values and market demand.
Cost of Living in Brazos County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,478 | $1,323 | $1,927 | $1,548 | $967 |
| 1 adult 4 children | $1,478 | $1,080 | $1,474 | $1,548 | $1,090 |
| 2 adults 3 children | $1,478 | $1,081 | $1,672 | $1,548 | $796 |
| 1 adult 3 children | $1,478 | $882 | $1,219 | $1,548 | $884 |
| 2 adults 2 children | $1,041 | $885 | $1,417 | $1,346 | $646 |
| 1 adult 2 children | $1,041 | $661 | $964 | $1,346 | $607 |
| 2 adults 1 child | $1,041 | $699 | $1,162 | $693 | $609 |
| 1 adult 1 child | $1,041 | $452 | $709 | $693 | $499 |
| 2 adults | $919 | $562 | $907 | $0 | $522 |
| 1 adult | $853 | $306 | $454 | $0 | $455 |
Safety trends & Data
In Brazos County, Texas, property crime rates, including burglary and larceny-theft, have experienced a significant decline over the past five years. Burglaries dropped from 88 incidents in 2018 to 44 in 2022, while larceny-theft fell from 525 to 219. Motor vehicle theft also decreased from 43 to 27 cases. This downward trend in crime rates could make the area more appealing to potential investors, homeowners, and real estate agents, offering a safer community. However, it's worth noting that... Read more
Property Crime Trends in Brazos County, TX Over the Last 5 Years
In Brazos County, Texas, property crime rates like burglary and larceny-theft have consistently trended downward over the past five years. Burglary, for instance, dropped from 88 incidents in 2018 to 44 in 2022, while larceny-theft saw a notable decrease from 525 to 219 within the same period. Even motor vehicle theft showed a decline from 43 to 27 cases. However, fraud incidents have shown less consistency, remaining relatively stable with a slight uptick in 2022. The reduction in these key crime categories could potentially make Brazos County more appealing for potential investors, homeowners, and real estate agents looking to market properties in a safer community.
Demographics
Brazos County, Texas shows a balanced gender distribution with a slight female majority. The educational attainment data suggests a community leaning towards higher education, as nearly half of adults possess a bachelor's or graduate degree. The age demographics indicate a youthful population, largely driven by the presence of college-aged individuals. Racial diversity is apparent, with a predominance of White residents alongside significant Black or African American and Asian... Read more
Race Distribution in Brazos County, Texas (2022)
Educational Attainment in Brazos County, Texas (2022)
Age Distribution in Brazos County, Texas
Citizen Population in Brazos County, Texas (2022)
Political Trends & Data
Brazos County, Texas exhibited a Republican tilt in the 2020 U.S. Presidential Election, with an estimated 56% supporting the GOP. The Democratic Party trailed at approximately 42%, while minor parties like the Libertarians and Greens collectively made up less than 3% of the vote. This pattern hints at a strong two-party dominance, which could influence local policies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Brazos County, Texas showed a clear leaning towards Republican candidates in the 2020 U.S. Presidential Election, with an estimated 56% of votes going to the Republican Party. This was followed by the Democratic Party at around 42%, while minor parties like the Libertarians and Greens garnered minimal support, collectively making up less than 3% of the vote. The data might suggest a strong two-party dominance in this region.
55.88% of voters voted for the Republican party in the 2020 Presidential Election
41.56% of voters voted for the Democrat party in the 2020 Presidential Election
2.13% of voters voted for the Livertarian party in the 2020 Presidential Election
0.30% of voters voted for the Green party in the 2020 Presidential Election
0.14% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Brazos County, Texas, the student-to-teacher ratio has decreased over the last decade from about fifteen to just under thirteen and a half, compared to the national average of fourteen. This trend might clue in for families seeking smaller class sizes, thereby boosting the local real estate market. Investors and builders may see this as a stable demand for family-oriented housing, while appraisers and insurance agents could factor in these educational shifts when evaluating property values... Read more
Student-to-teacher ratio in Brazos County, Texas over the last 10 years
Over the last decade, the student-to-teacher ratio in Brazos County, Texas has trended downward from close to fifteen students per teacher to just under thirteen and a half. When you compare this with the national average of fourteen students per teacher, Brazos County has consistently offered better ratios, particularly in recent years. This decline in the ratio may indicate smaller class sizes, which can be a significant draw for families looking to move to the area, as well as a potential selling point for real estate agents. For investors and builders, such trends could signal a stable demand for housing geared toward families. For appraisers and insurance agents, this data can provide insight into the evolving educational landscape, potentially affecting property values and insurance premiums.
