Duval County Real Estate and Livability Trends
In Duval County, Texas, median home values rose from $52,800 in 2015 to $76,000 in 2022, suggesting a budget-friendly investment prospect by outpacing state and national growth rates. The increase in farm tax returns from 9.36% in 2012 to 11.64% in 2021 highlights a strong agricultural sector, appealing to those interested in farming. Duval County's student-to-teacher ratio dropped to 11 by 2023,... Read more
Duval County Market Trends
Median home values in Duval County, Texas have climbed from $52,800 in 2015 to $76,000 in 2022, outpacing both the state and national growth rates and positioning the area as a budget-friendly investment opportunity. The rising average residential energy tax credits, peaking at $2,142.86 in 2019, indicate a growing investment in green technologies, which might attract eco-conscious buyers.... Read more
Median Value of Occupied Housing Units in Duval County, Texas Over the Last 8 Years
Median home values in Duval County, Texas have shown intriguing trends over the last eight years, indicating a significant upward trajectory especially from 2020 onwards. Prices climbed from $52,800 in 2015 to $76,000 in 2022, reflecting a growth spurt post-2019. When you consider that during this same period, Texas jumped from $136,000 to $238,000 and the national median went from $125,500 to $179,400, Duval County's relatively lower cost could be enticing for budget-conscious investors. This divergence underscores Duval County as a potentially lucrative option for those priced out of the broader Texas or national markets, offering affordability with a hint of growth potential.
Residential Energy Tax Credit Per Tax Return in Duval County, TX Over the Last 9 Years
Over the past nine years in Duval County, Texas, average residential energy tax credits per tax return have shown a generally increasing trend, peaking in 2019 at $2142.86. While there's notable fluctuation—such as the jump to $1885.71 in 2018 and a drop to $1276.47 in 2021—these figures suggest growing investments in energy-efficient home improvements. This activity could imply an increasing awareness and adoption of green technologies, making the area potentially attractive for eco-conscious investors and residents, as well as those in real estate and insurance sectors focusing on energy-efficient properties.
Average Real Estate Taxes Per Tax Return in Duval County, TX Over the Last 10 Years
Over the last decade, Duval County, Texas has seen a noticeable fluctuation in average real estate taxes per tax return. Starting from $2,163.33 in 2012 and peaking dramatically at $4,657.14 in 2019. This rise might suggest an increased assessment of property values or higher taxation rates. For those involved in the real estate market or considering a move, this trend indicates potential for both increased costs and investment opportunities. Appraisers and insurance agents should be aware of these changes, as they could affect property valuations and insurance premiums in the area.
Percentage of Farm Returns in Duval County, TX Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Duval County, Texas has shown a general upward trend, starting at 9.36% in 2012 and reaching around 11.64% by 2021. Farm tax returns are crucial indicators for understanding the vitality of the agricultural sector in a county. They can reflect market conditions, shifts in land usage, and the economic health of farming communities. This pattern of increasing farm returns might suggest a strengthening or diversifying agricultural base, which can be beneficial for those considering agricultural investments, moving to the county for farming opportunities, or building property tied to agricultural production.
Number of Mortgages by Occupancy Type in Duval County, TX Over the Last 5 Years in Duval County
Duval County, Texas has experienced fluctuating trends in mortgage counts across different occupancy types over the last five years. Principal residences consistently lead with a relatively stable count, indicating a strong preference for primary homes, particularly peaking in 2020 with 175 mortgages. Investment properties and second residences show more variation but remain significantly lower, with investment properties having a notable dip in 2021 before slightly recovering. These shifts in occupancy types could impact investment decisions, property values, and risk assessments. For investors, a steadier market for principal residences might suggest lower volatility. Appraisers and insurance agents might use this data to gauge market stability and risk. Builders and real estate agents could capitalize on the preference for primary residences to meet the apparent demand.
Economic Outlook
Average taxable income per tax return in Duval County, Texas has shown notable fluctuations over the past nine years, peaking at approximately $46,570.11 in 2014 before dipping to about $37,843.09 in 2016, and then slightly recovering to around $40,836.24 in 2021. Similarly, the average total tax liability per tax return has also seen significant changes, hitting a high of roughly $7,978.93 in 2013 but decreasing to around $5,203.85 in 2021. These economic variabilities could indicate shifts in... Read more
Average Taxable Income per Tax Return in Duval County, TX over the last 9 years
Over the past nine years, the average taxable income per tax return in Duval County, Texas has exhibited fluctuations, peaking at approximately $46,570.11 in 2014, then experiencing a significant dip to about $37,843.09 in 2016. Recent data shows a slight recovery, with an increase to around $40,836.24 in 2021. For potential investors, real estate agents, and those considering relocation, these variances might indicate economic instability or shifts in employment and industry dynamics in the area. This income trend could inform decisions regarding property investments, insurance evaluations, and overall financial planning within the county.
Average Total Tax Liability Per Tax Return in Duval County, TX Over the Last 10 Years
Duval County, Texas has seen a significant fluctuation in average total tax liability per tax return over the past decade. In 2012, taxpayers experienced a high of approximately $7,772.76, with a peak in 2013 at about $7,978.93. However, there has been a noticeable downward trend since, with 2021 figures dropping to around $5,203.85. These shifts could signal changing economic conditions, impacting property valuation and investment decisions. This variability in tax liability might interest real estate agents, appraisers, and potential investors considering the financial climate for development and insurance purposes.
Cost of Living in Duval County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,147 | $1,279 | $2,104 | $1,334 | $898 |
1 adult 4 children | $1,147 | $1,044 | $1,611 | $1,334 | $998 |
2 adults 3 children | $1,147 | $1,045 | $1,824 | $1,334 | $723 |
1 adult 3 children | $1,147 | $853 | $1,332 | $1,334 | $758 |
2 adults 2 children | $826 | $855 | $1,545 | $1,165 | $607 |
1 adult 2 children | $826 | $639 | $1,052 | $1,165 | $551 |
2 adults 1 child | $826 | $676 | $1,265 | $616 | $586 |
1 adult 1 child | $826 | $437 | $772 | $616 | $482 |
2 adults | $658 | $543 | $985 | $0 | $506 |
1 adult | $623 | $296 | $493 | $0 | $440 |
Safety trends & Data
Duval County, Texas has seen fluctuating property crime rates over the past five years, with spikes in motor vehicle theft in 2020 at 8.0 incidents and vandalism peaking at 9.0 incidents in 2021. Larceny-theft, the most frequent crime, showed an overall increase, hitting 9.0 incidents in both 2020 and 2022. These trends could indicate potential risk areas for insurance premiums and property investments, suggesting that safety improvements might be necessary to attract new residents or... Read more
Property Crime Trends in Duval County, TX Over the Last 5 Years
Duval County, Texas has experienced fluctuating property crime rates over the last five years, with notable increases in motor vehicle theft in 2020 (8.0 incidents), and recurring high incidences of vandalism, peaking at 9.0 incidents in 2021. Larceny-theft, consistently the most common crime, showed an overall uptick, reaching 9.0 incidents in both 2020 and 2022. These trends could indicate potential risk areas for insurance premiums and property investments while suggesting that safety improvements might be necessary to attract new residents or businesses.
Demographics
Duval County, Texas, displays a balanced but slightly larger male population compared to females. Educational attainment trends indicate a significant portion of adults have not progressed beyond high school, with fewer holding college degrees. The age distribution, while relatively even across middle age groups, shows fewer young adults and seniors, suggesting potential shifts in local priorities such as healthcare and education. Racial demographics highlight a predominantly White population,... Read more
Race Distribution in Duval County, Texas (2022)
Educational Attainment in Duval County, Texas (2022)
Age Distribution in Duval County, Texas
Citizen Population in Duval County, Texas (2022)
Political Trends & Data
Duval County, Texas, experienced a closely contested 2020 Presidential Election, where Democrats seemingly garnered around 51% of votes, narrowly outpacing Republicans at about 48%. Minor parties like the Libertarians and Greens played a negligible role, securing just above half a percent each. This near-even split hints at a competitive political environment with a slight Democratic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Duval County, Texas, the 2020 U.S. Presidential Election saw a slight lean towards the Democratic party, with Democrats potentially receiving about 51 percent of the vote and Republicans close behind at approximately 48 percent. The presence of Libertarian and Green party voters was minimal, each barely surpassing half a percent. This distribution could suggest a competitive political landscape with a marginal Democratic advantage.
48.35% of voters voted for the Republican party in the 2020 Presidential Election
50.96% of voters voted for the Democrat party in the 2020 Presidential Election
0.44% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
School Data
In Duval County, Texas, the student-to-teacher ratio has been below the national average of 14, peaking at 13 in 2020 and dropping to 11 by 2023. This trend points to a potentially higher quality education and more individualized attention for students, which could increase the desirability of properties in the area for investors and families. Lower ratios may enhance the living appeal of Duval County, potentially driving interest in the local real estate... Read more
Student-to-teacher ratio in Duval County, Texas over the last 10 years
The student-to-teacher ratio in Duval County, Texas, has generally remained below the national average of fourteen over the past decade. From 2014 to 2023, the ratio fluctuated slightly, peaking at 13 in 2020 and then declining to 11 by 2023. These figures suggest a relatively favorable learning environment compared to other regions. For potential investors, real estate developers, and families considering a move, lower student-to-teacher ratios can indicate a higher quality of education and possibly more individualized attention for students. This could enhance the appeal of properties and the overall attractiveness of living in Duval County.