Cherokee County Real Estate and Livability Trends
Cherokee County, Texas shows interesting trends for real estate investors and homebuyers alike. The average taxable income per tax return peaked at $57,264.94 in 2021, reflecting economic stability. Median home values increased from $84,500 in 2015 to $138,500 in 2022, presenting a more affordable option compared to wider market trends. The substantial rise in real estate taxes, reaching... Read more
Cherokee County Market Trends
Cherokee County, Texas has experienced a notable increase in median home values, rising from $84,500 in 2015 to $138,500 in 2022, a more affordable option compared to state and national trends. Volatility in residential energy tax credits might signal opportunities for homeowners investing in energy-efficient improvements. Real estate taxes have seen a significant upward trend, climbing from... Read more
Median Value of Occupied Housing Units in Cherokee County, Texas Over the Last 8 Years
Over the last eight years, Cherokee County, Texas has seen median home values rise from $84,500 in 2015 to $138,500 in 2022. While these increases are impressive locally, they still lag behind the median home values seen on the state and national levels, which reached $238,000 in Texas and $179,400 nationally by 2022. For investors and potential homebuyers, Cherokee County might offer more affordable entry points compared to broader trends, potentially signaling undervalued opportunities.
Residential Energy Tax Credit Per Tax Return in Cherokee County, TX Over the Last 9 Years
Residential energy tax credits in Cherokee County, Texas have shown significant volatility over the past 9 years. From a modest increase from $404.55 in 2013 to $426.09 in 2015, the average credit surged to $556.52 by 2016 and $618.18 in 2017. A dramatic peak of $3000.00 in 2018, followed by fluctuations with $1527.27 in 2019, $1088.89 in 2020, and $1765.22 in 2021, reflects changing incentives and possibly the adoption of energy-efficient improvements. This data suggests potential savings for homeowners investing in energy-efficient technologies, a consideration for appraisers, insurance agents, and prospective buyers.
Average Real Estate Taxes Per Tax Return in Cherokee County, TX Over the Last 10 Years
Over the past decade in Cherokee County, Texas, real estate taxes per tax return have shown a significant upward trend, starting from roughly $3,438.43 in 2012 and climbing to approximately $6,807.81 by 2021. This notable increase could signal a rising demand for properties and possibly escalating property values in the area, which is valuable information for potential investors or homebuyers. Appraisers and insurance agents might also find this trend indicative of the changing financial landscape, impacting property valuations and insurance premiums. Such data is crucial for anyone engaged in real estate or planning to move to Cherokee County.
Percentage of Farm Returns in Cherokee County, TX Over the Last 10 Years
Cherokee County, Texas has seen slight fluctuations in the percentage of farm tax returns over the past decade, averaging around 7.4%. A notable dip occurred in 2020 when the percentage dropped to approximately 6.48%, possibly influenced by broader economic factors. Farm tax returns, reflecting the proportion of total tax documents filed by farm owners, could potentially indicate agricultural activity levels and economic shifts in the farming sector of this region. This data can be quite insightful for prospective investors and residents evaluating the economic stability and agricultural health of Cherokee County. As farming remains vital to the local economy, these trends might help inform decisions about property investments, business opportunities, or residency.
Number of Mortgages by Occupancy Type in Cherokee County, TX Over the Last 5 Years in Cherokee County
Trends in mortgage counts over the past five years in Cherokee County, Texas show a clear dominance of principal residences, consistently outpacing investment and second residences. Principal residences surged to 2,175 in 2021 before stabilizing at 1,798 in 2022. Investment properties have seen a more modest fluctuation, peaking at 122 in 2022. Second residences, though the smallest category, doubled from 38 in 2018 to 106 in 2021. Shifts in occupancy types affect market dynamics and risk profiles, crucial for investors, developers, and real estate agents to gauge demand and plan accordingly. Changes in these figures can also influence property valuations and insurance premiums.
Economic Outlook
Cherokee County, Texas has seen a steady increase in average taxable income per tax return, peaking at $57,264.94 in 2021, hinting at rising economic stability and attractiveness for investors and homebuyers. Meanwhile, the region's state and local income taxes per tax return have exhibited notable fluctuations, with a dramatic spike to $13,000.00 in 2021, suggesting underlying economic shifts that could impact financial planning and real estate strategies. Additionally, the average total tax... Read more
Average Taxable Income per Tax Return in Cherokee County, TX over the last 9 years
Cherokee County, Texas has generally shown a steady increase in average taxable income per tax return over the past nine years, peaking at $57,264.94 in 2021. This indicates a potentially growing economic stability and prosperity in the area, possibly making it more attractive for investors and homebuyers. Real estate professionals and appraisers might see this as a positive signal for property values, while insurance agents could consider adjusting their policies in light of this upward trend.
Average State and Local Income Taxes Per Tax Return in Cherokee County, TX Over the Last 10 Years
Over the past decade, Cherokee County, Texas has experienced noticeable fluctuations in state and local income taxes per tax return. Starting at $5,609.09 in 2012, there was a dip in 2013 and 2014 to $5,100.00 and $4,255.00 respectively. By 2016 and 2017, the figures rebounded somewhat, only to see a dramatic spike to $9,757.14 in 2019 and a peak at $13,000.00 in 2021. This erratic trend could indicate a range of underlying economic shifts, possibly affecting the financial planning and economic strategies for potential investors, local insurance agents, real estate developers, and current residents evaluating the long-term financial landscape.
Average Total Tax Liability Per Tax Return in Cherokee County, TX Over the Last 10 Years
The average total tax liability per tax return in Cherokee County, Texas has seen notable fluctuations over the last decade. After hitting a low of approximately $7,211.60 in 2015, the liability peaked at around $9,384.85 in 2017. This volatility, particularly the spike in recent years up to $8,555.55 in 2021, may be of interest to potential investors and property developers, suggesting wider economic shifts and possibly changing fiscal policies. Understanding these trends is crucial for real estate agents, insurance agents, and appraisers when assessing property values and investment risks in the area.
Cost of Living in Cherokee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,211 | $1,279 | $1,874 | $1,146 | $811 |
| 1 adult 4 children | $1,211 | $1,044 | $1,433 | $1,146 | $900 |
| 2 adults 3 children | $1,211 | $1,045 | $1,625 | $1,146 | $647 |
| 1 adult 3 children | $1,211 | $853 | $1,185 | $1,146 | $672 |
| 2 adults 2 children | $852 | $855 | $1,377 | $999 | $545 |
| 1 adult 2 children | $852 | $639 | $937 | $999 | $484 |
| 2 adults 1 child | $852 | $676 | $1,129 | $522 | $545 |
| 1 adult 1 child | $852 | $437 | $689 | $522 | $451 |
| 2 adults | $647 | $543 | $880 | $0 | $482 |
| 1 adult | $570 | $296 | $440 | $0 | $410 |
Safety trends & Data
Cherokee County, Texas has experienced fluctuating property crime rates over the past five years. Burglary incidents peaked in 2018 with 33 arrests but dropped to 10 by 2022. Larceny-theft, however, remains prevalent with spikes in 2018 (65 arrests) and 2022 (57 arrests). Motor vehicle thefts stayed relatively stable around 12-13 arrests annually. Notably, fraud incidents doubled from 6 in 2021 to 13 in 2022. This data can help investors, real estate agents, and residents grasp local crime... Read more
Property Crime Trends in Cherokee County, TX Over the Last 5 Years
Over the past five years, Cherokee County, Texas has seen fluctuating property crime rates. Burglary incidents hit a high in 2018 with 33 arrests but dropped significantly to 10 by 2022. Larceny-theft has remained one of the most prevalent crimes, with notable spikes in 2018 (65 arrests) and 2022 (57 arrests). Motor vehicle theft saw minimal change, consistently hovering around 12-13 arrests each year. Fraud and forgery cases varied, but fraud incidents doubled from 6 in 2021 to 13 in 2022. This data is crucial for investors, real estate agents, and residents to understand the local crime dynamics and their potential impact on property values and insurance rates.
Demographics
Cherokee County, Texas shows an approximate gender balance, with a nearly even split between male and female residents. The educational landscape reveals that despite a significant portion of the population having completed high school, fewer individuals hold graduate or professional degrees, which may imply limited access to higher education or different educational priorities. The age distribution might indicate a strong workforce presence, yet there is a notable segment of individuals... Read more
Race Distribution in Cherokee County, Texas (2022)
Educational Attainment in Cherokee County, Texas (2022)
Age Distribution in Cherokee County, Texas
Citizen Population in Cherokee County, Texas (2022)
Political Trends & Data
Cherokee County, Texas, seems to lean heavily Republican, with about 77% of the vote. Democratic support appears to hover around 22%, leaving a noticeable gap between the two major parties. Minor parties barely made a dent, each taking in less than 1%. This could imply a predominantly conservative voter base with minimal interest in third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cherokee County, Texas, likely showed strong support for the Republican party, with approximately 77% of the vote. The Democratic party probably secured around 22%, indicating a significant gap. Minor parties like the Libertarians and Greens seemed to garner minimal support, with less than 1% each. This data might suggest a predominantly conservative electorate with limited backing for third-party candidates.
77.41% of voters voted for the Republican party in the 2020 Presidential Election
21.58% of voters voted for the Democrat party in the 2020 Presidential Election
0.83% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
School Data
Cherokee County, Texas, has consistently had a student-to-teacher ratio below the national average, dipping from 13.73 in 2014 to 13.33 in 2023. This lower ratio might indicate more personalized attention for students, making local schools more appealing and potentially boosting property values. Both investors and families could see this as a sign of a strong educational environment, enhancing the overall livability of the... Read more
Student-to-teacher ratio in Cherokee County, Texas over the last 10 years
The student-to-teacher ratio in Cherokee County, Texas, has generally trended below the national average of 14 students per teacher, ranging from 13.73 in 2014 to 13.33 in 2023. Investors, real estate agents, and families considering a move to the area might note that the lower student-to-teacher ratio could indicate more personalized attention for students, potentially influencing property values and the appeal of local schools. For appraisers and insurance agents, this trend could hint at a stable or improving educational environment, which can contribute to a community's overall attractiveness and livability.
