Donley County Real Estate and Livability Trends
Donley County, Texas, has seen its median home values climb from $59,900 in 2015 to $98,900 in 2022, presenting an attractive option for those seeking affordable homes in a rising market, especially compared to the Texas state median of $238,000. Real estate taxes surged from $2,266.67 in 2020 to approximately $2,900.00 in 2021, suggesting fluctuating property values or assessment rules.... Read more
Donley County Market Trends
Donley County, Texas, has seen its median home values shoot up from $59,900 in 2015 to $98,900 in 2022, yet it's still way more affordable than the Texas state median of $238,000. This makes it a tantalizing option for those seeking lower-cost homes in a rising market. Real estate taxes have bounced around, hitting $2,266.67 in 2020 and jumping to about $2,900.00 in 2021, suggesting shifting... Read more
Median Value of Occupied Housing Units in Donley County, Texas Over the Last 8 Years
Over the past eight years, Donley County, Texas has shown a significant increase in median home values, rising from $59,900 in 2015 to $98,900 in 2022. Despite these gains, it remains significantly more affordable compared to both the Texas state median of $238,000 and the national median of $179,400 in 2022. This sharp yet more modest appreciation in Donley County could present appealing opportunities for investors and homebuyers looking for lower-cost alternatives in a rapidly appreciating market.
Average Real Estate Taxes Per Tax Return in Donley County, TX Over the Last 10 Years
For those looking to invest in or purchase property in Donley County, Texas, the average real estate taxes per tax return have exhibited some notable fluctuations over the past decade. Between 2012 and 2014, the taxes hovered around $1,850.00 to $1,882.35, but saw a mild dip in 2014 to 2015. A significant uptick was observed in 2016, peaking at $2,266.67 in 2020, before eventually surging to approximately $2,900.00 in 2021. This variability could suggest changing property values or assessment practices, making it crucial for potential buyers and investors to consider tax trends when evaluating long-term costs.
Percentage of Farm Returns in Donley County, TX Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Donley County, Texas has shown fluctuating trends, peaking slightly at around 18.24% in 2015 and dipping to a low of approximately 15.31% in 2020. For investors and developers, these variations might indicate shifts in the agricultural economy and potential opportunities or risks in the farming sector. Farm tax returns reflect the profitability and operational scale of farms, so these trends could reveal important insights into the local agricultural market’s health and viability.
Number of Mortgages by Occupancy Type in Donley County, TX Over the Last 5 Years in Donley County
In recent years, the mortgage landscape in Donley County, Texas shows a significant preference for principal residences, with numbers rising steadily from 69 in 2018 to 130 in 2022. In contrast, investment property mortgages have remained generally lower, peaking at nine in 2021. Second residences consistently show minimal activity. These trends suggest a predominantly homeowner-driven market, which could influence investment strategies, appraisal values, insurance rates, and future residential development. Understanding these patterns is crucial for stakeholders aiming to align their decisions with the predominant housing dynamics in the area.
Economic Outlook
Donley County, Texas, has shown an upward trend in average taxable income per tax return over the past nine years, reaching $47,414.71 in 2021, which might indicate an economic upswing. Additionally, tax liabilities have fluctuated, peaking at $7,356.70 in 2021, up from $5,503.37 in 2020. These economic trends hint at evolving conditions that could influence property values, insurance rates, and future investment opportunities, making it crucial for real estate stakeholders to stay... Read more
Average Taxable Income per Tax Return in Donley County, TX over the last 9 years
Over the past nine years, Donley County, Texas, has seen fluctuations in its average taxable income per tax return. Since 2013, there has been an overall upward trend, culminating in a notable increase to $47,414.71 in 2021, suggesting a potential economic upswing. This growth could be intriguing for real estate agents, investors, and those considering a move to the area, indicating evolving economic conditions that might impact property values, insurance rates, and future investment opportunities.
Average Total Tax Liability Per Tax Return in Donley County, TX Over the Last 10 Years
Over the past decade, Donley County, Texas has exhibited notable fluctuations in average total tax liability per tax return. The tax liability peaked at $7356.70 in 2021, a significant increase from the previous years, hinting at economic shifts or changes in taxable incomes. The lowest point observed was $5503.37 in 2020, suggesting a possible downturn or other influencing factors. These trends could impact decisions for potential investors, property builders, and real estate agents assessing market conditions and economic stability in the region.
Cost of Living in Donley County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,151 | $1,375 | $1,948 | $1,242 | $872 |
1 adult 4 children | $1,151 | $1,123 | $1,491 | $1,242 | $967 |
2 adults 3 children | $1,151 | $1,124 | $1,689 | $1,242 | $696 |
1 adult 3 children | $1,151 | $917 | $1,232 | $1,242 | $727 |
2 adults 2 children | $826 | $920 | $1,431 | $1,084 | $586 |
1 adult 2 children | $826 | $687 | $974 | $1,084 | $527 |
2 adults 1 child | $826 | $727 | $1,173 | $572 | $572 |
1 adult 1 child | $826 | $470 | $715 | $572 | $470 |
2 adults | $628 | $584 | $914 | $0 | $494 |
1 adult | $623 | $319 | $457 | $0 | $434 |
Safety trends & Data
Donley County, Texas has seen notable changes in property crime over the past four years. Larceny-Theft incidents dropped from 10 in 2018 to just 1 by 2020, and Motor Vehicle Theft decreased from 6 in 2018 to 1 in 2022. Although Forgery and Counterfeiting spiked to 3 incidents in 2019, and Vandalism occurred once in 2020, the overall low crime rates likely enhance the county's appeal for potential investors and... Read more
Property Crime Trends in Donley County, TX Over the Last 4 Years
Donley County, Texas has experienced a fluctuation in property crime over the past four years. The most notable decrease is seen in Larceny-Theft, which dropped sharply from 10 incidents in 2018 to just 1 in 2020. Burglary incidents remained relatively low but steady, with minor fluctuations between 2 to 3 incidents. Motor Vehicle Theft also decreased, from 6 incidents in 2018 to 1 in 2022. Interestingly, 2019 saw a spike in Forgery and Counterfeiting, with 3 incidents, while Vandalism appeared only once in 2020. These trends may suggest improvements in certain areas of crime prevention, but the overall low crime rates likely make Donley County attractive for potential investors and residents.
Demographics
In Donley County, Texas, the adult population skews slightly female, with 53.4% women. Educational attainment shows a predominant number of high school graduates and those with some college education, while smaller percentages hold bachelor's or graduate degrees. Age distribution highlights a significant portion of the population aged 55 and older, suggesting a potential need for services catering to seniors. Racial demographics reveal a predominantly White population, with minimal... Read more
Race Distribution in Donley County, Texas (2022)
Educational Attainment in Donley County, Texas (2022)
Age Distribution in Donley County, Texas
Citizen Population in Donley County, Texas (2022)
Political Trends & Data
Donley County, Texas, demonstrated a strong Republican preference in the 2020 U.S. Presidential Election, with nearly 87% of the votes going to the GOP. Democratic candidates captured only about 12% of the vote, while third-party options barely registered, gathering less than 1% together. This voting pattern aligns with broader political trends in Texas, potentially influencing the region's social and economic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Donley County, Texas, saw a significant lean towards the Republican Party in the 2020 U.S. Presidential Election, with nearly 87% of the votes. The Democratic candidates trailed far behind, gathering only around 12% of the vote. Third-party options like the Libertarian and Green parties barely made an impact, capturing less than 1% combined. These figures could suggest a strong Republican stronghold in this region, reflective of broader political trends in Texas.
87.26% of voters voted for the Republican party in the 2020 Presidential Election
12.01% of voters voted for the Democrat party in the 2020 Presidential Election
0.67% of voters voted for the Livertarian party in the 2020 Presidential Election
0.06% of voters voted for the Green party in the 2020 Presidential Election
School Data
Donley County, Texas has consistently displayed a student-to-teacher ratio well below the national average of 14 students per teacher, with fluctuations between 8 and 10 students per teacher over the past decade. This lower ratio suggests a more personalized educational environment, making it appealing for families prioritizing education when considering a move. Investors and real estate agents might find this advantageous as it could enhance the area's attractiveness to prospective home... Read more
Student-to-teacher ratio in Donley County, Texas over the last 10 years
Donley County, Texas has consistently displayed a student-to-teacher ratio well below the national average of 14 students per teacher, indicating a more personalized educational environment. Over the past decade, ratios have fluctuated between 8 and 10 students per teacher, suggesting that schools in Donley County might offer more individualized attention compared to larger school districts. This lower ratio could be a significant factor for families prioritizing personalized education when considering a move. Investors and real estate agents might also find this appealing as it could enhance the area's attractiveness to prospective home buyers. Additionally, appraisers and insurance agents might note the county's commitment to education quality as a potentially stabilizing factor for the community.