Cooke County Real Estate and Livability Trends
Median home values in Cooke County, Texas have surged from $122,700 in 2015 to $207,100 in 2022, indicating robust growth that has outpaced national trends. Despite this, local taxable income shows marked fluctuations, hinting at economic volatility, with averages swinging from $55,884.97 in 2016 to a peak of $82,421.15 in 2021. Rising real estate taxes nearly doubling over the past decade... Read more
Cooke County Market Trends
Cooke County, Texas has seen its median home values more than double from $122,700 in 2015 to $207,100 in 2022, outpacing the national median growth but still trailing state trends. Residential energy tax credits have fluctuated significantly, indicating an inconsistent but growing interest in green technologies. Rising real estate taxes, almost doubling over the last decade, suggest increasing... Read more
Median Value of Occupied Housing Units in Cooke County, Texas Over the Last 8 Years
Cooke County, Texas has experienced a significant increase in median home values over the past eight years, jumping from $122,700 in 2015 to $207,100 in 2022. This growth outpaces the national median, which rose from $125,500 to $179,400 over the same period. Additionally, Texas as a whole saw its median values climb from $136,000 to $238,000. For prospective investors and homebuyers, this indicates that Cooke County may offer relatively attractive investment opportunities with substantial value growth, though it still lags behind the broader state trends.
Residential Energy Tax Credit Per Tax Return in Cooke County, TX Over the Last 9 Years
Residential energy tax credits in Cooke County, Texas have shown significant variability over the past nine years. Starting at $365.38 in 2013, they peaked dramatically at $2,300.00 in 2018 before decreasing to $1,660.00 in 2021. This fluctuation indicates evolving investment in energy-efficient home improvements, suggesting a responsive but inconsistent adoption of green technologies in the area. For potential investors, developers, and real estate agents, this trend may point to a growing but volatile market for energy-efficient properties and associated incentives.
Average Real Estate Taxes Per Tax Return in Cooke County, TX Over the Last 10 Years
Over the last decade, Cooke County, Texas, has experienced a notable increase in average real estate taxes per tax return, nearly doubling from $4,070.89 in 2012 to $7,374.51 in 2021. This rising trend highlights a potential increase in property valuations or changes in tax rates, key considerations for prospective homeowners, real estate investors, and those involved in property management within the county. Real estate agents and appraisers might find these figures useful for market analysis, while insurance agents can anticipate shifts in policyholder needs based on evolving tax liabilities.
Percentage of Farm Returns in Cooke County, TX Over the Last 10 Years
Farm tax returns in Cooke County, Texas have fluctuated between approximately 9.37% and 10.30% over the past decade, with a noticeable dip to 8.87% in 2020. These tax returns offer insights into the financial health and production levels of local agriculture, which matters if you're considering investing in farmland. The overall trend suggests periodic highs and lows but indicates resiliency. For potential investors, developers, or residents, these metrics could hint at the economic landscape and stability of the agricultural sector in Cooke County.
Number of Mortgages by Occupancy Type in Cooke County, TX Over the Last 5 Years in Cooke County
Over the past five years in Cooke County, Texas, there's been a noticeable fluctuation in mortgage counts, with primary residences consistently leading the charge. Investment properties and second residences show more variability, which could reflect shifting market demands or economic factors. For investors and developers, these trends suggest a potential opportunity in the secondary market as the primary home space saturates. Appraisers and insurance agents might value the prominence of principal residences due to their stability, while real estate agents should watch the up-and-down pattern in investment properties for advising clients strategically. The variances in mortgage types underscore the importance of targeting the right segment for those looking to move into or do business in Cooke County.
Economic Outlook
In Cooke County, Texas, there's been a generally upward trend in average taxable income per tax return, peaking at $82,421.15 in 2021, which could suggest improving economic conditions. However, significant year-to-year variations, such as a drop to $55,884.97 in 2016, indicate economic volatility. Average state and local income taxes per return also saw dramatic shifts, peaking at $15,350.00 in 2020, reflecting possible pandemic impacts. Similarly, total tax liability per return has... Read more
Average Taxable Income per Tax Return in Cooke County, TX over the last 9 years
Cooke County, Texas, has seen a fluctuating yet generally upward trend in average taxable income per tax return over the last nine years. Notably, the taxable income reached a peak of $82,421.15 in 2021, which could indicate improving economic conditions or higher earnings among residents. Significant year-to-year variations, such as the drop from $74,318.82 in 2014 to $55,884.97 in 2016, suggest possible economic volatility. This data could be particularly useful for investors, real estate agents, or insurance agents assessing the financial health of the county's residents and their capacity for new investments or property development.
Average State and Local Income Taxes Per Tax Return in Cooke County, TX Over the Last 10 Years
Cooke County, Texas has seen significant fluctuations in average state and local income taxes per tax return over the past decade. The figures peaked dramatically in 2020 at $15,350.00, likely as a result of economic shifts during the pandemic, before settling at $11,200.00 in 2021. These trends suggest economic volatility that potential investors, real estate agents, and new residents should carefully consider, as tax burdens and economic climate can greatly influence financial planning and property investments in the area.
Average Total Tax Liability Per Tax Return in Cooke County, TX Over the Last 10 Years
Over the past decade, Cooke County, Texas has seen fluctuating trends in average total tax liability per tax return, peaking in 2014 at $15,993.73 before significantly dipping in 2016 to $9,243.78. More recent years like 2019 and 2021 have shown a resurgence, with figures of $13,131.04 and $13,696.80 respectively. These variations can hint at economic shifts or changes in local tax policies, which may be crucial for potential investors, new residents, or real estate agents tracking the financial climate and cost of living in the area.
Cost of Living in Cooke County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,356 | $1,371 | $2,098 | $1,295 | $995 |
| 1 adult 4 children | $1,356 | $1,120 | $1,607 | $1,295 | $1,111 |
| 2 adults 3 children | $1,356 | $1,120 | $1,819 | $1,295 | $811 |
| 1 adult 3 children | $1,356 | $915 | $1,328 | $1,295 | $888 |
| 2 adults 2 children | $1,013 | $917 | $1,540 | $1,130 | $682 |
| 1 adult 2 children | $1,013 | $685 | $1,049 | $1,130 | $640 |
| 2 adults 1 child | $1,013 | $725 | $1,261 | $594 | $657 |
| 1 adult 1 child | $1,013 | $468 | $770 | $594 | $533 |
| 2 adults | $799 | $582 | $982 | $0 | $551 |
| 1 adult | $794 | $318 | $491 | $0 | $481 |
Safety trends & Data
Cooke County, Texas, has experienced notable shifts in property crime over the last five years, with larceny-theft peaking at 88 incidents in 2020. Burglary incidents remained stable yet slightly increased, hitting a high of 14 in both 2020 and 2022. Fraud saw a significant rise in 2022 with 19 cases. Motor vehicle thefts spiked in 2020 but generally remained low. These crime patterns could influence real estate values and insurance premiums, providing key insights for investors, buyers, and... Read more
Property Crime Trends in Cooke County, TX Over the Last 5 Years
Cooke County, Texas has seen notable fluctuations in property crime over the past five years. Larceny-theft has consistently been the most prevalent crime, peaking at 88 incidents in 2020. Burglary remained relatively stable, with slight increases, reaching its highest at 14 incidents in both 2020 and 2022. Fraud cases showed a significant rise, particularly in 2022 with 19 incidents. Meanwhile, motor vehicle thefts spiked in 2020 but generally stayed low. These trends provide crucial insights for those investing, moving, appraising, or building in Cooke County and reflect shifting safety dynamics that could influence future real estate values and insurance premiums.
Demographics
Cooke County, Texas, displays a near-equal split between male and female adults, with educational attainment skewing toward high school graduates and some college experience, suggesting a focus on secondary and post-secondary education without widespread attainment of higher degrees. Age distribution hints at a balanced spread across various age groups from children to seniors, with a notable presence of individuals aged 55 and older. Despite its predominantly White population at over 34,000,... Read more
Race Distribution in Cooke County, Texas (2022)
Educational Attainment in Cooke County, Texas (2022)
Age Distribution in Cooke County, Texas
Citizen Population in Cooke County, Texas (2022)
Political Trends & Data
Cooke County, Texas, leans heavily Republican, with the 2020 U.S. Presidential Election reflecting Republicans with about 82% of the vote. Democrats likely garnered around 17%, indicating a predominately conservative electorate. The presence of other parties like the Libertarians and Greens was minimal, suggesting limited influence from alternative parties. This conservative skew can significantly shape local policies and community dynamics, reflecting the dominant political sentiment in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cooke County, Texas, saw a strong lean towards the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly garnering around 82% of the vote. Democrats may have received roughly 17%, while other parties like the Libertarians and Greens seemed to have minimal reach, with Libertarians around 0.8% and Greens close to 0.1%. This notable skew suggests a predominantly conservative voter base, potentially influencing local policies and community dynamics.
82.10% of voters voted for the Republican party in the 2020 Presidential Election
16.90% of voters voted for the Democrat party in the 2020 Presidential Election
0.82% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% 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
Cooke County, Texas has kept its student-to-teacher ratio close to the national average of fourteen students per teacher over the last decade, indicating stable and balanced classroom environments. This consistency could be appealing to families and investors, affecting property valuations and home-buying decisions. Educational quality often plays a significant role in these markets, suggesting steady demand for family-centric properties and highlighting the area's investment... Read more
Student-to-teacher ratio in Cooke County, Texas over the last 10 years
Cooke County, Texas has generally maintained a student-to-teacher ratio close to the national average of fourteen students per teacher over the last decade, consistently falling just below this benchmark. From 2014 to 2023, the ratio fluctuated slightly, seeing minor increases and decreases but remaining quite stable overall. This consistency suggests that schools in Cooke County might be providing relatively balanced classroom environments compared to the national scene, which could appeal to families considering relocation and investors looking at the education infrastructure. Real estate agents and appraisers might find this particularly useful, as educational quality is often a significant factor in property valuations and home-buying decisions. Furthermore, insurance agents and builders could see steady demand for family-centric properties, reinforcing the area's investment potential.
