Coleman County Real Estate and Livability Trends
Coleman County, Texas, presents an evolving real estate landscape with median home values increasing from $60,000 in 2015 to roughly $91,800 in 2022. Taxable income trends and rising tax liabilities suggest potential economic growth, possibly driving property values higher. Meanwhile, real estate taxes have surged, reflecting this increase and potential municipal funding requirements. The strong... Read more
Coleman County Market Trends
Coleman County, Texas has seen steady growth in median home values, climbing from $60,000 in 2015 to $91,800 in 2022, though it lags behind overall state and national increases. Real estate taxes have also surged over the past decade, from $2,990.32 in 2012 to $5,014.29 in 2021, hinting at rising property values and possible municipal funding needs. Residential energy tax credits have fluctuated,... Read more
Median Value of Occupied Housing Units in Coleman County, Texas Over the Last 8 Years
Over the past 8 years, Coleman County, Texas, has experienced steady growth in median home values, escalating from $60,000 in 2015 to $91,800 in 2022. This increase, although substantial, is modest compared to the state of Texas, where median prices have jumped from $136,000 to $238,000 in the same period. Nationally, median home values also saw significant appreciation, rising from $125,500 to $179,400. Investors and potential homeowners might find Coleman County to be an attractive option due to its relatively lower median home prices while still benefiting from consistent growth.
Residential Energy Tax Credit Per Tax Return in Coleman County, TX Over the Last 3 Years
Residential energy tax credits in Coleman County, Texas have fluctuated over the past three years, with an average credit per tax return of $200.00 in 2013, a peak at $300.00 in 2014, and a return to $200.00 in 2015. For those in the real estate market or considering energy-efficient home improvements, these variations might indicate opportunities for future tax incentives or could reflect changing local policy impacts on residential energy investments.
Average Real Estate Taxes Per Tax Return in Coleman County, TX Over the Last 10 Years
Real estate taxes per tax return in Coleman County, Texas have shown a notable increase over the past decade, rising from $2,990.32 in 2012 to $5,014.29 in 2021. This upward trend indicates growing property values and potentially greater municipal funding requirements. For investors and those in property-related fields, understanding this rise is crucial for forecasting future expenses and weighing the county's investment potential. The steady increase could also suggest a thriving local economy, which might be attractive to new residents and real estate agents.
Percentage of Farm Returns in Coleman County, TX Over the Last 10 Years
Farm tax returns in Coleman County, Texas, hover around 18.43% in 2012 and show minor fluctuations over the following years, peaking at approximately 19.36% in 2016 and dipping to around 17.08% in 2019. These returns, which include all income from farming operations such as crop sales, livestock, and other agricultural activities, provide a snapshot of the economic reliance and productivity of the agricultural sector in the area. The data suggests relative stability in the region's farming economy, with slight increases and decreases over the decade, making it a potentially steady area for agricultural investments or property development for those interested in rural and farm-based opportunities.
Number of Mortgages by Occupancy Type in Coleman County, TX Over the Last 5 Years in Coleman County
Over the past five years in Coleman County, Texas, there has been a noticeable shift in mortgage types, with principal residences consistently dominating the market. The highest counts were recorded in 2021, suggesting a potential peak in homeownership interest or availability that year. The lower and more variable numbers for investment properties and second residences highlight differing levels of investor interest and perhaps limited opportunities for vacation homes or rental properties. These trends could matter significantly for investors assessing long-term property value stability, potential rent yields, or resale opportunities. For appraisers and insurance agents, understanding these occupancy trends could influence property valuations and risk assessments, respectively. Real estate agents and developers might leverage this data to tailor their marketing strategies or development plans to align with the changing occupancy landscape.
Economic Outlook
Coleman County, Texas has experienced an intriguing economic journey over the past decade. Average taxable income per tax return has shown a general upward trend since 2018, reaching $63,332.77 in 2021. Additionally, average total tax liability per tax return saw notable fluctuations, peaking at $13,077.69 in 2021 after several years of volatility. These patterns hint at potential economic growth and increased property values, making the area interesting for investors, real estate agents, and... Read more
Average Taxable Income per Tax Return in Coleman County, TX over the last 9 years
Coleman County, Texas has seen notable fluctuations in average taxable income per tax return over the past nine years. In 2013, it started at $44,583.47 and showed a mixed pattern of rises and dips, reaching a low of $41,072.97 in 2016. However, from 2018 onwards, there's been a consistent upward trend, culminating at $63,332.77 in 2021. This indicates potential economic growth and could be appealing for investors or those considering moving to the area. Economic trajectories like this may also influence property values and insurance premiums, making this trend significant for real estate agents, appraisers, and insurance agents.
Average Total Tax Liability Per Tax Return in Coleman County, TX Over the Last 10 Years
Over the last decade, Coleman County, Texas, has seen significant fluctuations in average total tax liability per tax return. Between 2012 and 2014, there was a notable increase from approximately $8,103.66 to over $10,153.08, which could hint at rising incomes or possibly changes in tax regulations. After a dip to around $7,542.26 in 2016, liabilities surged dramatically, peaking at $13,077.69 by 2021. This upward trend may be driven by economic factors or increasing property values, presenting both opportunities and challenges for investors, real estate agents, and residents.
Cost of Living in Coleman County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,098 | $1,379 | $2,155 | $1,062 | $859 |
| 1 adult 4 children | $1,098 | $1,126 | $1,651 | $1,062 | $933 |
| 2 adults 3 children | $1,098 | $1,127 | $1,869 | $1,062 | $677 |
| 1 adult 3 children | $1,098 | $920 | $1,364 | $1,062 | $684 |
| 2 adults 2 children | $902 | $922 | $1,582 | $928 | $606 |
| 1 adult 2 children | $902 | $689 | $1,078 | $928 | $539 |
| 2 adults 1 child | $902 | $729 | $1,295 | $495 | $602 |
| 1 adult 1 child | $902 | $471 | $791 | $495 | $490 |
| 2 adults | $685 | $586 | $1,009 | $0 | $528 |
| 1 adult | $680 | $319 | $504 | $0 | $460 |
Safety trends & Data
Coleman County, Texas, has seen fluctuating property crime rates over the last five years, with burglary being the most common issue. In 2018, there were five burglary incidents, but numbers have generally declined, despite occasional spikes. Rarely reported crimes like motor vehicle theft and fraud also show up sporadically. This trend of relatively low but inconsistent property crime rates could be attractive to potential buyers and tenants looking for a safer environment. It's valuable... Read more
Property Crime Trends in Coleman County, TX Over the Last 5 Years
Coleman County, Texas has experienced fluctuating property crime rates over the past five years, with burglary being the most recurrent issue. Notably, there were five instances of burglary in 2018, but the occurrences dropped in subsequent years, with occasional spikes. Lesser reported crimes include motor vehicle theft and fraud, each showing up sporadically. For investors and real estate agents, this trend suggests a relatively low, though somewhat inconsistent, property crime rate in the area, which might be appealing for potential buyers and tenants seeking a safer environment. Appraisers and insurance agents might highlight these figures when assessing property values and premiums.
Demographics
Coleman County, Texas, has a fairly balanced gender distribution among adults, with females slightly outnumbering males. In terms of education, a significant portion of the population has completed at least high school, but there’s also a notable segment with less than a ninth-grade education. The age distribution indicates a larger elderly population, particularly those aged 55 and over, which might impact local healthcare and social services. Racially, the county is predominantly white,... Read more
Race Distribution in Coleman County, Texas (2022)
Educational Attainment in Coleman County, Texas (2022)
Age Distribution in Coleman County, Texas
Citizen Population in Coleman County, Texas (2022)
Political Trends & Data
In Coleman County, Texas, the overwhelming Republican support in the 2020 U.S. Presidential Election, with around 88% of votes possibly going to the Republican candidate, illustrates a significant conservative presence. Democrats capturing only 11% of the vote highlights a minor, yet noteworthy, voter base. Minimal influence from the Libertarian and Green parties, each with less than 1%, further emphasizes the dominant conservative lean. This strong political inclination could play a crucial... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Coleman County, Texas, the 2020 U.S. Presidential Election results suggest a dominant Republican presence, with approximately 88% of votes likely cast for the Republican candidate. Democrats seem to have garnered around 11%, indicating a minor but existent voter base. The Libertarian and Green parties appear to have minimal influence, pulling in less than 1% each. These figures could point to a strong conservative lean in the region, potentially influencing local and state-level political strategies.
88.29% of voters voted for the Republican party in the 2020 Presidential Election
10.94% of voters voted for the Democrat party in the 2020 Presidential Election
0.56% 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
Coleman County, Texas, has a student-to-teacher ratio between 10 and 11 students per teacher over the past decade, much lower than the national average of 14. This could appeal to families looking for a more individualized educational experience for their children. For real estate agents and property developers, this trend indicates a community that prioritizes small class sizes, making it an attractive selling point when marketing properties to potential... Read more
Student-to-teacher ratio in Coleman County, Texas over the last 10 years
Over the past decade, Coleman County, Texas, has seen a relatively stable student-to-teacher ratio, ranging from about 10 to 11 students per teacher. This is noticeably lower than the national average of 14 students per teacher, which could be an attractive factor for families seeking a more individualized educational experience for their children. Such a low ratio may also imply that schools in Coleman County can offer more attention and resources to each student, potentially boosting educational outcomes. For real estate agents, property developers, and families considering a move, this data point suggests a community that values small class sizes, which might be a key selling point.
