Coryell County Real Estate and Livability Trends
Coryell County, Texas, has seen a striking rise in average taxable income from $41,013.49 in 2013 to $53,087.35 in 2021, likely boosting real estate investment following 2020. Median home values surged from $102,700 in 2015 to $153,300 in 2022, outpacing state and national trends, making it an appealing market for investors due to its relatively low entry price. The county’s property crime... Read more
Coryell County Market Trends
Median home values in Coryell County, Texas have increased from $102,700 in 2015 to $153,300 in 2022, outpacing both state and national trends. This growth suggests attractive investment opportunities due to a lower entry price compared to higher statewide and national values. Additionally, residential energy tax credits have surged, peaking at $3,218.18 by 2018, highlighting a focus on energy... Read more
Median Value of Occupied Housing Units in Coryell County, Texas Over the Last 8 Years
Median home values in Coryell County, Texas have shown a steady increase over the last eight years, with a jump from $102,700 in 2015 to $153,300 in 2022. This local growth appears to outpace both Texas and national trends significantly, especially noticeable in the recent years. Coryell County's relatively lower entry price compared to state-level values, which grew from $136,000 to $238,000, and national values, escalating from $125,500 to $179,400, may attract potential investors and new residents looking for more affordable housing with the promise of value appreciation.
Residential Energy Tax Credit Per Tax Return in Coryell County, TX Over the Last 9 Years
Residential energy tax credits in Coryell County, Texas have shown a significant upward trajectory over the past nine years. Starting at $336.36 per return in 2013, the average credit skyrocketed to $3,218.18 by 2018, and has generally hovered around that mark since, peaking at $3,076.47 in 2021. This suggests a growing emphasis on energy efficiency investments, which could signify rising property values and increased attractiveness for investors and environmentally conscious home buyers. This trend is worth noting for real estate agents, appraisers, and insurers who may need to factor in these improvements when assessing property values and risks.
Average Real Estate Taxes Per Tax Return in Coryell County, TX Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Coryell County, Texas show a notable upward trend. Starting at approximately $3,244.95 in 2012, they have consistently increased, hitting around $5,504.08 in 2021. This steady rise may reflect growing property values and increased demand, suggesting potential returns for investors and implicating higher insurance premiums. Real estate agents and appraisers should take note of these shifts as they point to an evolving market landscape that could influence property valuations and client expectations.
Percentage of Farm Returns in Coryell County, TX Over the Last 10 Years
Coryell County, Texas, has seen a fluctuating yet generally declining trend in the percentage of farm tax returns over the last decade. Starting at 4.66% in 2012 and dipping to a low of 3.60% in 2020 before a slight rebound to 3.97% in 2021, these numbers reflect changes in the local agricultural sector. Farm tax returns signify the portion of total tax filings attributed to farmers, offering insights into the economic health and demographic shifts within the rural area. For investors and potential residents, this trend could suggest evolving economic dynamics, possibly pointing to opportunities in agricultural revitalization or diversifying local investments.
Number of Mortgages by Occupancy Type in Coryell County, TX Over the Last 5 Years in Coryell County
Coryell County, Texas has seen a notable ebb and flow in mortgage counts over the past five years, with principal residences consistently leading the pack, peaking at 4040 in 2021. Investment properties, while significantly fewer in number, have shown some volatility, with their count noticeably higher in recent years compared to second residences. These shifts might suggest evolving preferences and economic conditions influencing property investment patterns. For investors, real estate agents, and appraisers, understanding these occupancy shifts could illuminate changing demand dynamics and potential future value trends. Insurance agents might also consider these trends when crafting or adjusting policies, as different occupancy types can carry varying risk profiles.
Economic Outlook
Over the last nine years, Coryell County, Texas, has seen average taxable income per tax return rise from approximately $41,013.49 in 2013 to about $53,087.35 in 2021. This growth, especially evident post-2020, might signal enhanced economic opportunities, attracting real estate investment. State and local income taxes there have varied, hitting a low of $2,543.48 in 2016, then climbing to $4,150.00 by 2021, suggesting shifts in economic conditions or policy changes. The average total tax... Read more
Average Taxable Income per Tax Return in Coryell County, TX over the last 9 years
Over the last nine years, Coryell County, Texas has seen a steady increase in average taxable income per tax return, starting at approximately $41,013.49 in 2013 and rising to about $53,087.35 in 2021. The pronounced growth, particularly noticeable after 2020, potentially indicates economic developments or improved income opportunities in the region, making it a compelling area for investment and real estate development. This upward trend is essential for appraisers and insurance agents to consider, as increasing incomes could affect property values and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Coryell County, TX Over the Last 10 Years
Coryell County, Texas, has seen fluctuations in average state and local income taxes over the last decade. Starting at around $3,238.10 in 2012, there was a general decline until 2016 where taxes dipped to approximately $2,543.48. Post-2016, there was a significant rise, peaking at $4,150.00 by 2021. This trend suggests varying economic conditions and possible policy changes impacting residents, making it a point of interest for investors, property builders, and real estate agents evaluating the area's fiscal climate. The substantial jump after 2016 could be a focal point for insurance agents and appraisers assessing risk and property values.
Average Total Tax Liability Per Tax Return in Coryell County, TX Over the Last 10 Years
The average total tax liability per tax return in Coryell County, Texas has generally exhibited an upward trend over the past decade. Notably, the period from 2017 to 2021 saw significant increases, peaking at $6,669.06 in 2021. This could possibly reflect economic growth, changing income levels, or tax policy adjustments in the area. Such data may interest investors and real estate agents as indications of evolving economic conditions, affecting property valuations and investment strategies. Similarly, insurance agents and appraisers might find the upward trajectory relevant when assessing risk and property values.
Cost of Living in Coryell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,311 | $1,271 | $2,011 | $1,300 | $877 |
| 1 adult 4 children | $1,311 | $1,038 | $1,538 | $1,300 | $973 |
| 2 adults 3 children | $1,311 | $1,038 | $1,744 | $1,300 | $708 |
| 1 adult 3 children | $1,311 | $848 | $1,272 | $1,300 | $766 |
| 2 adults 2 children | $923 | $850 | $1,478 | $1,131 | $594 |
| 1 adult 2 children | $923 | $635 | $1,005 | $1,131 | $521 |
| 2 adults 1 child | $923 | $672 | $1,211 | $581 | $564 |
| 1 adult 1 child | $923 | $434 | $739 | $581 | $464 |
| 2 adults | $727 | $540 | $945 | $0 | $489 |
| 1 adult | $722 | $294 | $472 | $0 | $434 |
Safety trends & Data
Property crime trends in Coryell County, Texas have fluctuated over the past five years. Notably, larceny-theft incidents dropped from a peak of 284 in 2019 to 126 in 2021, rebounding slightly to 194 in 2022. Burglary cases saw a steady decline from 44 in 2019 to 21 in 2022. This varying, yet generally declining threat landscape could influence property values and insurance premiums, offering useful insights for investors and real estate... Read more
Property Crime Trends in Coryell County, TX Over the Last 5 Years
Over the past five years, property crime trends in Coryell County, Texas reveal fluctuations in different crime categories. While larceny-theft incidents peaked at 284 in 2019, they noticeably dropped to 126 in 2021 before climbing again to 194 by 2022. Burglary cases have generally declined, falling from 44 in 2019 to just 21 by 2022. Vandalism cases appear relatively stable with minor variations, but fraud cases show an initial rise, peaking at 54 in 2019, before dropping and then slightly increasing again to 47 in 2022. For potential investors, real estate agents, and insurance agents, these trends hint at a variable but generally declining threat landscape, which can impact property values and insurance premiums.
Demographics
Coryell County, Texas, presents a fairly balanced gender ratio and shows a dynamic educational landscape with a significant portion of its population not pursuing education beyond high school. The age distribution potentially suggests a growing younger demographic with a noteworthy number of young adults in their prime working years. Racially, the county remains predominantly White but has diverse representations that could shape future demographic shifts. Recognizing these patterns can be... Read more
Race Distribution in Coryell County, Texas (2022)
Educational Attainment in Coryell County, Texas (2022)
Age Distribution in Coryell County, Texas
Citizen Population in Coryell County, Texas (2022)
Political Trends & Data
Coryell County, Texas, showcased a significant Republican tilt in the 2020 U.S. Presidential Election, with around 67% of the vote. The Democratic party secured about 32%, highlighting a noticeable gap. Minor parties, like the Libertarian and Green parties, barely made a dent with under 2% combined. This indicates a potentially strong conservative inclination within the local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Coryell County in Texas displayed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with roughly two-thirds of the votes. The Democratic party garnered about 32 percent, showing a marked disparity. Minor parties like the Libertarian and Green parties held minimal influence, collectively drawing less than 2 percent. These results may suggest a strong conservative preference among voters in this region.
65.71% of voters voted for the Republican party in the 2020 Presidential Election
32.20% of voters voted for the Democrat party in the 2020 Presidential Election
1.75% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Green party in the 2020 Presidential Election
0.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
Coryell County, Texas has seen its student-to-teacher ratio peak at 15 in 2018 and 2020, currently hovering at around 14, just below the national average. These fluctuations may indicate shifts in school funding, teacher availability, or demographic changes, which are crucial for real estate agents and investors to consider. Educational quality can directly impact property values and desirability, making these trends a key factor in long-term planning and investment... Read more
Student-to-teacher ratio in Coryell County, Texas over the last 10 years
Over the past decade, Coryell County, Texas has seen fluctuations in its student-to-teacher ratio, peaking at 15 students per teacher in 2018 and 2020. While the current ratio hovers around 14, slightly below the national average of 14 students per teacher, notable dips and peaks could impact local educational quality and classroom dynamics. For those considering moving to the area, investing in property, or assessing real estate values, these shifts might suggest variations in school funding, teacher availability, or broader demographic changes. Real estate agents and investors should be aware that educational quality often affects property values and desirability, making this a crucial factor in long-term planning.
