Culberson County Real Estate and Livability Trends
In Culberson County, Texas, average taxable income per tax return has grown from $37,302.75 in 2013 to $51,950.00 by 2021, suggesting potential economic vigor that could draw investors and new residents. Despite a significant 37% rise in median home values from $60,700 in 2015 to $83,300 in 2022, it still lags behind broader market trends. Average total tax liabilities have varied, peaking at... Read more
Culberson County Market Trends
Culberson County, Texas has experienced a modest 37% rise in median home values from $60,700 in 2015 to $83,300 in 2022, lagging behind broader Texas and national growth trends. Fluctuating real estate taxes, hitting highs of $3,328.57 in 2012 and lows of $1,828.57 in 2015, highlight potential economic or policy impacts worth noting. Farm returns have generally ranged from 6% to 8%, peaking at... Read more
Median Value of Occupied Housing Units in Culberson County, Texas Over the Last 8 Years
Over the last eight years, median home values in Culberson County, Texas have seen a steady but modest rise, jumping from $60,700 in 2015 to $83,300 in 2022. This increase, although significant locally, pales in comparison to state and national levels where Texas saw values climb from $136,000 to $238,000 and the United States from $125,500 to $179,400 in the same period. This slower growth in Culberson County may present opportunities for more affordable investments compared to the broader market.
Average Real Estate Taxes Per Tax Return in Culberson County, TX Over the Last 6 Years
Culberson County, Texas has seen fluctuating average real estate taxes per tax return over the past six years. The highest point was in 2012 with $3,328.57, followed by a significant drop in 2013 to $2,066.67, and another low in 2015 at $1,828.57. The taxes then increased in 2016 to $2,683.33 and slightly tapered off in 2017 at $2,428.57. These shifts could suggest varying economic or policy impacts, which might be of interest to potential investors, real estate agents, and others with a stake in the property market.
Percentage of Farm Returns in Culberson County, TX Over the Last 10 Years
Over the last decade, the percentage of farm returns in Culberson County, Texas seems to hover around the 6% to 8% mark, with a few fluctuations. 2014 and 2017 saw higher returns at approximately 7.77% and 8.33% respectively, suggesting years of better productivity, while other years like 2016 and 2019 were slightly lower around 5.77% and 7.34%. Farm tax returns generally reflect the profitability and operational scale of agricultural activities, which can be critical for investors, new residents, and policy makers looking into the local economy. Recognizing these trends may provide valuable insights into the area's agricultural stability and potential for continued growth.
Number of Mortgages by Occupancy Type in Culberson County, TX Over the Last 5 Years in Culberson County
Culberson County, Texas shows a consistent majority of mortgage activity centered around principal residences, with notable fluctuations over the last five years. In particular, 2022 saw a sharp increase in principal residence mortgages compared to previous years. While investment properties and second residences remained stable but minimal in numbers, the dominance of primary residences might suggest a stronger community focus and potential for residential growth. This trend can influence decisions for investors, real estate developers, and insurance agents, hinting at a more stable clientele primarily seeking long-term homeownership rather than short-term gains. Understanding these dynamics is crucial for those looking to invest or build property in the area.
Economic Outlook
Culberson County, Texas has witnessed a notable rise in average taxable income per tax return, starting at approximately $37,302.75 in 2013 and climbing to around $51,950.00 by 2021. Significant increases occurred between 2017-2018 and 2020-2021, suggesting economic growth that could attract investors and new residents. However, average total tax liabilities also showed considerable variation, with peaks reaching up to $7,470.24. While these trends might indicate broader economic shifts,... Read more
Average Taxable Income per Tax Return in Culberson County, TX over the last 9 years
Over the past nine years, Culberson County, Texas has seen a steady increase in the average taxable income per tax return, beginning at approximately $37,302.75 in 2013 and rising to around $51,950.00 by 2021. Notable jumps occurred between 2017 and 2018 when the average taxable income leapt from about $42,081.31 to $45,265.71, and again from 2020 to 2021, moving from $47,216.67 to $51,950.00. This upward trend may suggest ongoing economic growth and possibly increasing job opportunities in the region, which could be attractive for potential investors, developers, and new residents. However, it's worth considering what factors are driving this growth when planning property investments or real estate development.
Average Total Tax Liability Per Tax Return in Culberson County, TX Over the Last 10 Years
Over the past decade, Culberson County, Texas has seen substantial variation in average total tax liability per tax return, with notable peaks in 2013 and 2021, reaching up to $7,470.24. Despite a dip in 2015, the overall trend leans towards an increase, suggesting growing income levels or changes in tax rates. Potential investors and real estate professionals might find this evolving landscape indicative of broader economic shifts and opportunities within the county.
Cost of Living in Culberson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,161 | $1,331 | $1,962 | $1,137 | $890 |
| 1 adult 4 children | $1,161 | $1,087 | $1,501 | $1,137 | $1,003 |
| 2 adults 3 children | $1,161 | $1,087 | $1,701 | $1,137 | $719 |
| 1 adult 3 children | $1,161 | $888 | $1,241 | $1,137 | $766 |
| 2 adults 2 children | $885 | $890 | $1,441 | $995 | $624 |
| 1 adult 2 children | $885 | $665 | $981 | $995 | $587 |
| 2 adults 1 child | $885 | $704 | $1,181 | $537 | $625 |
| 1 adult 1 child | $885 | $454 | $720 | $537 | $533 |
| 2 adults | $705 | $565 | $920 | $0 | $562 |
| 1 adult | $667 | $308 | $460 | $0 | $507 |
Safety trends & Data
Property crime trends in Culberson County, Texas, over the past two years reflect minimal activity, with only one incident of forgery and counterfeiting in 2018 and one case of larceny-theft in 2019. This low incidence of property crimes may be reassuring for potential investors, real estate agents, and prospective residents considering the... Read more
Property Crime Trends in Culberson County, TX Over the Last 2 Years
The property crime trends in Culberson County, Texas, over the last two years show minimal activity, with 2018 seeing one incident of forgery and counterfeiting and 2019 reporting one case of larceny-theft. This data suggests a generally low incidence of property crimes, which could be reassuring for potential investors, real estate agents, and individuals considering moving to the area.
Demographics
The adult population in Culberson County, Texas, skews heavily male, suggesting a possible gender imbalance that may impact social dynamics. Educational attainment reveals many residents have only high school diplomas, with relatively few holding advanced degrees, likely influencing local employment opportunities and income levels. The age distribution hints at a middle-aged majority, while racial demographics show a predominantly White population with some multiracial diversity. This mix of... Read more
Race Distribution in Culberson County, Texas (2022)
Educational Attainment in Culberson County, Texas (2022)
Age Distribution in Culberson County, Texas
Citizen Population in Culberson County, Texas (2022)
School Data
Over the last ten years, Culberson County, Texas, has consistently maintained a student-to-teacher ratio below the national average, dropping from approximately fifteen students per teacher in 2014 to around eleven by 2018, and has since fluctuated between ten and twelve. This relatively low ratio is attractive for parents and educators, potentially boosting property marketability due to the promise of more personalized student attention. Moreover, smaller class sizes often lead to better... Read more
Student-to-teacher ratio in Culberson County, Texas over the last 10 years
Over the last decade, Culberson County, Texas has seen its student-to-teacher ratio generally fall below the national average of fourteen students per teacher. Starting at about fifteen in 2014, the ratio dropped to around eleven by 2018 and has fluctuated between ten and twelve since then. This relatively lower ratio could be appealing for parents and educators prioritizing more personalized attention for students. Smaller class sizes often contribute to better educational outcomes, a key point for real estate agents marketing properties in the area. The trend might also indicate a stable or declining student population, which could have implications for long-term community and economic planning.
