Callahan County Real Estate and Livability Trends
Callahan County, Texas has shown a steady rise in average taxable income from $45,888 in 2013 to $64,230 in 2021, potentially signaling economic growth and stability that might appeal to investors. Median home values increased from $74,000 in 2015 to $129,500 in 2022, maintaining the county's affordability compared to state and national medians. Real estate taxes have surged from $2,888.89 in... Read more
Callahan County Market Trends
Callahan County, Texas has witnessed notable trends in its real estate market over the past decade. Median home values have climbed from $74,000 in 2015 to $129,500 in 2022, keeping the county affordable compared to state and national medians. The average residential energy tax credit per tax return jumped from $328.57 in 2013 to $1,657.14 in 2021, pointing to increased energy-efficient home... Read more
Median Value of Occupied Housing Units in Callahan County, Texas Over the Last 8 Years
Callahan County, Texas has seen a steady rise in median home values over the last eight years, starting at $74,000 in 2015 and reaching $129,500 in 2022. This growth, while significant, still keeps the county's real estate more affordable compared to both the Texas state median of $238,000 and the national median of $179,400 in 2022. The relative affordability and increasing value in Callahan County may present attractive investment opportunities for those considering various real estate markets across the state and the country.
Residential Energy Tax Credit Per Tax Return in Callahan County, TX Over the Last 8 Years
Callahan County, Texas has seen a notable increase in average residential energy tax credits per tax return over the past eight years, rising from $328.57 in 2013 to $1,657.14 in 2021. Significant jumps, particularly in 2016, 2019, and a steep increase in 2020 and 2021, suggest a growing investment in energy-efficient home improvements. This trend could be attractive for real estate investors, homeowners looking to reduce long-term energy costs, and insurance agents assessing property values, as well as appraisers and builders focused on modern energy solutions.
Average Real Estate Taxes Per Tax Return in Callahan County, TX Over the Last 10 Years
Callahan County, Texas, has seen a noticeable increase in real estate taxes per tax return over the past decade, moving from approximately $2,888.89 in 2012 to a high of about $5,218.75 in 2020. This upward trend, especially notable from 2017 to 2020, is significant for potential investors, homeowners, real estate agents, and those in property-related sectors. The spike may reflect increasing property values or rising tax rates, key factors for those considering financial decisions related to real estate in the area. For appraisers and insurance agents, staying aware of these tax changes is crucial when assessing property values and insurance premiums.
Percentage of Farm Returns in Callahan County, TX Over the Last 10 Years
Callahan County, Texas has seen an overall steady percentage of farm returns over the last decade, fluctuating between 12.32% to 13.97%. Despite some slight variances, the data shows a consistent agricultural presence, which could be indicative of stable farming operations. These farm tax returns reflect income from farming, important for investors, potential homeowners, and developers to consider, as they may suggest the economic viability and agricultural productivity of the region. Understanding these trends could help gauge the sustainability of agricultural investments and the overall stability of the local economy.
Number of Mortgages by Occupancy Type in Callahan County, TX Over the Last 5 Years in Callahan County
Over the last five years in Callahan County, Texas, there's been a notable trend in mortgage activity primarily dominated by principal residences, with a peak in 2021 followed by a decrease in 2022. Investment properties have consistently accounted for a smaller portion, while second residences show minimal activity. This shift in occupancy type might affect local economic dynamics, influencing property values, rental markets, and demand for services. For investors, understanding these trends could indicate potential areas for rental growth or highlight shifts that might impact long-term profitability. Meanwhile, appraisers and insurance agents might need to adjust their assessments and policies, respectively, to reflect the changing landscape. Real estate agents could leverage this data to tailor their strategies, catering to the predominant buyer types in the market.
Economic Outlook
Callahan County, Texas has shown a steady rise in average taxable income over the past nine years, from $45,888 in 2013 to $64,230 by 2021. This might indicate economic growth and stability, making it attractive for investors and property developers eyeing higher property values. While average state and local income taxes have fluctuated, peaking at $4,733.33 in 2017, these variations could impact real estate decisions. The overall upward trend in total tax liability, reaching $9,745.82 in... Read more
Average Taxable Income per Tax Return in Callahan County, TX over the last 9 years
Callahan County, Texas has experienced a noteworthy upward trend in average taxable income per tax return over the past nine years. Starting at approximately $45,888 in 2013 and climbing to around $64,230 by 2021, this consistent increase highlights potential economic growth and stability. Such rising incomes might interest investors and property developers, suggesting a robust local economy. Real estate agents and insurance agents may view this as an opportunity for higher property values and premiums. For residents and those considering moving to the area, consistently rising incomes could translate into better services and infrastructure over time.
Average State and Local Income Taxes Per Tax Return in Callahan County, TX Over the Last 6 Years
In Callahan County, Texas, average state and local income taxes per tax return have seen fluctuations over the past six years. The taxes ranged from a low of $2,800.00 in 2014 to a high of approximately $4,733.33 in 2017. Notably, 2015 and 2017 saw significant spikes, surpassing the average amounts of the other years. This volatility in tax liabilities could be relevant for potential investors, homebuyers, and real estate professionals considering the financial impact of fluctuating tax obligations on property investments and valuations.
Average Total Tax Liability Per Tax Return in Callahan County, TX Over the Last 10 Years
Over the past decade, Callahan County, Texas has seen a variable yet notable increase in the average total tax liability per tax return. Starting from $6,458.06 in 2012, the liability has generally trended upwards, jumping to $7,933.48 in 2019 and reaching $9,745.82 by 2021. This uptick could suggest a growing economy or increased property values in the area, making it potentially lucrative for investors and real estate agents. However, higher tax liabilities might also mean increased costs for homeowners and those looking to move to the region should account for this in their financial planning.
Cost of Living in Callahan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,133 | $1,363 | $2,193 | $1,205 | $931 |
| 1 adult 4 children | $1,133 | $1,113 | $1,679 | $1,205 | $1,025 |
| 2 adults 3 children | $1,133 | $1,114 | $1,901 | $1,205 | $746 |
| 1 adult 3 children | $1,133 | $909 | $1,388 | $1,205 | $798 |
| 2 adults 2 children | $838 | $912 | $1,610 | $1,050 | $643 |
| 1 adult 2 children | $838 | $681 | $1,096 | $1,050 | $565 |
| 2 adults 1 child | $838 | $721 | $1,319 | $543 | $607 |
| 1 adult 1 child | $838 | $465 | $805 | $543 | $493 |
| 2 adults | $649 | $579 | $1,028 | $0 | $529 |
| 1 adult | $610 | $316 | $514 | $0 | $448 |
Safety trends & Data
Callahan County, Texas, has experienced notable fluctuations in property crimes over the past five years. Burglary incidents peaked with 14 cases in 2018 but dropped significantly afterward, hinting at improved security measures. Motor vehicle thefts showed minor fluctuations, while larceny-theft cases dramatically decreased from 8 in 2018 to just 1 in 2022. Vandalism and arson instances have been minimal, and sporadic cases of forgery and fraud suggest these are not major concerns for... Read more
Property Crime Trends in Callahan County, TX Over the Last 5 Years
Callahan County, Texas, has shown fluctuating trends in property crimes over the last five years. Notably, burglary incidents peaked in 2018 with 14 cases but significantly dropped in the following years, indicating a possible improvement in security or preventive measures. Motor vehicle thefts have remained relatively stable with minor fluctuations, whereas larceny-theft cases saw a sharp decrease from 8 cases in 2018 to just 1 in 2022. Instances of vandalism and arson have been minimal, and other categories like forgery and fraud have appeared sporadically, suggesting they may not be of major concern for residents or investors.
Demographics
Callahan County, Texas, sees a relatively balanced gender demographic. Educationally, a large portion of the population has either completed high school or attended some college, with fewer residents achieving higher academic degrees. Age-wise, the county is fairly spread out, with a noticeable concentration in the 55 to 64 age bracket, followed closely by those between 65 to 74 years. Racially, the population is predominantly White, with minimal representation from other racial groups,... Read more
Race Distribution in Callahan County, Texas (2022)
Educational Attainment in Callahan County, Texas (2022)
Age Distribution in Callahan County, Texas
Citizen Population in Callahan County, Texas (2022)
Political Trends & Data
The real estate market in Callahan County, Texas could be influenced by its predominantly conservative voter base, with about 88% of the votes possibly favoring Republican candidates in the 2020 presidential election. Such political leanings might attract buyers or investors who align with these values, potentially affecting property demand and local development priorities. Democrats and third-party candidates appear to have limited traction, possibly indicating stable political preferences... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Callahan County, Texas appears to strongly lean Republican with around 88% of the vote possibly going to the Republican party in the 2020 presidential election. Democrats might have received roughly 11%, while Libertarians and Green Party candidates gathered only minor fractions of the votes. This could suggest that Callahan County is characterized by a predominantly conservative voter base and limited support for third-party candidates.
88.00% of voters voted for the Republican party in the 2020 Presidential Election
10.74% of voters voted for the Democrat party in the 2020 Presidential Election
1.04% of voters voted for the Livertarian party in the 2020 Presidential Election
0.22% of voters voted for the Green party in the 2020 Presidential Election
School Data
Callahan County, Texas boasts a student-to-teacher ratio averaging around 11 students per teacher, lower than the national average of 14 students per teacher. This trend could suggest more personalized attention in classrooms, potentially enhancing educational outcomes. For real estate investors and prospective homeowners, this presents a significant selling point, as families may be drawn to the area for its promising educational environment. Appraisers and insurance agents might also consider... Read more
Student-to-teacher ratio in Callahan County, Texas over the last 10 years
Callahan County, Texas has consistently seen a student-to-teacher ratio averaging around 11 students per teacher over the past decade, which is lower than the current national average of 14 students per teacher. This tighter ratio may suggest more personalized attention and potentially enhanced educational outcomes, making the area appealing for families prioritizing education. For those investing in property or involved in real estate, this could be a key selling point, while appraisers and insurance agents might take it into account when assessing the value of local homes. If you're considering building or moving here, this lower ratio might indicate a community where schools can provide more tailored support to students.
