Foard County Real Estate and Livability Trends
In Foard County, Texas, real estate trends reveal a significant rebound in median home values from $45,200 in 2018 to $65,000 in 2022, pointing to rising appeal for budget-conscious buyers looking for appreciation potential. Fluctuations in real estate taxes, peaking at $3,266.67 in 2017, indicate economic variability that could impact long-term homeowner expenses. The rise in mortgages for... Read more
Foard County Market Trends
Foard County, Texas has experienced an interesting trajectory in median home values, dropping to $45,200 in 2018 but rebounding to $65,000 in 2022, making it an attractive prospect for those seeking lower-priced options with growth potential. Average real estate taxes have seen significant fluctuations, peaking at $3,266.67 in 2017, which could affect long-term financial planning for homeowners.... Read more
Median Value of Occupied Housing Units in Foard County, Texas Over the Last 8 Years
Foard County, Texas has seen its median home values make quite a journey over the last 8 years. While the county experienced a dip to $45,200 in 2018 from $55,900 in 2015, there's been a significant recovery, peaking at $65,000 in 2022. This recent surge is particularly intriguing compared to broader trends. Texas homes overall increased from $136,000 in 2015 to $238,000 in 2022, and the national median rose from $125,500 to $179,400 in the same period. Investors and prospective homeowners might find Foard County appealing for its lower median values and remarkable growth potential.
Average Real Estate Taxes Per Tax Return in Foard County, TX Over the Last 6 Years
Foard County, Texas shows fluctuating trends in average real estate taxes per tax return over the past six years, peaking sharply at $3,266.67 in 2017 after a low of $1,500.00 in 2014. Notably, these numbers suggest that real estate taxes can vary significantly year over year, which might impact the long-term investment appeal. Real estate agents, appraisers, and potential homeowners should consider these variances when evaluating the financial commitments tied to owning property in this area.
Percentage of Farm Returns in Foard County, TX Over the Last 10 Years
Foard County, Texas has seen its percentage of farm tax returns gradually increase over the last decade, starting from around 20.00% in 2012 and peaking at 26.00% in 2016. Although there was some fluctuation, the percentage generally stayed above 21.00%, with recent years stabilizing around 24.68% in 2021. Farm tax returns reflect the economic health and agricultural activity in the area, indicating a robust engagement in farming, which could appeal to potential investors or those considering moving to the region. This growth could signal a steady community with consistent agricultural productivity and potential expansion opportunities.
Number of Mortgages by Occupancy Type in Foard County, TX Over the Last 5 Years in Foard County
Over the past five years, the number of mortgages for principal residences in Foard County, Texas has shown a significant upward trend, increasing from 7 in 2018 to 26 in 2021. Meanwhile, investment properties have maintained a consistent but low count of 1 mortgage annually, and second residences have seen minimal activity. Changes in the types of property being mortgaged can offer key insights for investors, real estate agents, and appraisers; a high demand for principal residences often signals a stable, growing community, possibly leading to increased property values and reduced risk. This data could also influence insurance agents and builders by indicating a focus on long-term residential development over short-term or investment-based property needs.
Economic Outlook
In Foard County, Texas, the average taxable income per tax return has gradually increased over the past nine years, jumping from $41,596.08 in 2017 to $48,840.43 in 2021. This trend suggests potential economic growth and increased earning capacity, making the region more appealing to investors and prospective residents. However, periods of fluctuation, like the dip in 2016 to $37,816.00, highlight economic variability that could impact investment strategies. Despite these irregularities, the... Read more
Average Taxable Income per Tax Return in Foard County, TX over the last 9 years
In Foard County, Texas, the average taxable income per tax return has seen a gradual increase over the past nine years. Notably, there was a significant rise from $41,596.08 in 2017 to $48,840.43 in 2021, suggesting potential economic growth or increased earning capacity among residents. These trends could be attractive to investors or individuals considering relocation, as rising incomes often correlate with improved local economies. However, there were periods of fluctuation, such as a dip in 2016 to $37,816.00, indicating economic variability that should be factored into financial planning and investment decisions.
Average Total Tax Liability Per Tax Return in Foard County, TX Over the Last 10 Years
The average total tax liability per tax return in Foard County, Texas has shown a fluctuating trend over the past decade, peaking at around $6,621.62 in 2014 and hitting a low of approximately $5,018.92 in 2016. These variations might be of interest to those looking to invest or build property in the area, as they could influence financial planning and strategy. Real estate agents and appraisers might use this data to provide more accurate advice to clients, while insurance agents can better assess risk based on these economic indicators.
Cost of Living in Foard County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,161 | $1,331 | $2,285 | $1,109 | $980 |
| 1 adult 4 children | $1,161 | $1,087 | $1,751 | $1,109 | $1,083 |
| 2 adults 3 children | $1,161 | $1,087 | $1,980 | $1,109 | $788 |
| 1 adult 3 children | $1,161 | $888 | $1,447 | $1,109 | $821 |
| 2 adults 2 children | $885 | $890 | $1,676 | $968 | $665 |
| 1 adult 2 children | $885 | $665 | $1,142 | $968 | $610 |
| 2 adults 1 child | $885 | $704 | $1,372 | $510 | $650 |
| 1 adult 1 child | $885 | $454 | $838 | $510 | $532 |
| 2 adults | $705 | $565 | $1,067 | $0 | $576 |
| 1 adult | $667 | $308 | $534 | $0 | $488 |
Demographics
The adult population in Foard County, Texas, shows a fairly balanced gender distribution with slightly more females. The educational attainment data indicates that while a significant portion of the population has some college experience, a substantial number have not attained a high school diploma. The age distribution is marked by a notable proportion of residents aged 75 and over, which could hint at a larger senior community that may need specific services. The race distribution reveals a... Read more
Race Distribution in Foard County, Texas (2022)
Educational Attainment in Foard County, Texas (2022)
Age Distribution in Foard County, Texas
Citizen Population in Foard County, Texas (2022)
Political Trends & Data
Foard County, Texas showed a strong Republican preference in the 2020 U.S. Presidential Election, with more than 80% of voters siding with the GOP. Democrats managed to capture nearly 18% of the vote, highlighting a pronounced divide between the top two parties. Third-party candidates saw minimal traction, suggesting limited local influence beyond the two main political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Foard County in Texas leaned heavily Republican in the 2020 U.S. Presidential Election, with over 80% of voters casting their ballots for the GOP. Democrats secured close to 18%, showing a significant gap between the two major parties. The Libertarian and Green Party candidates garnered minimal support, indicating that third-party options were less influential in this county.
80.76% of voters voted for the Republican party in the 2020 Presidential Election
17.97% of voters voted for the Democrat party in the 2020 Presidential Election
1.09% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
School Data
In Foard County, Texas, the student-to-teacher ratio has consistently been lower than the national average, with 2023 figures showing around 9 students per teacher compared to the national benchmark of 14. This trend might signal strong community support for education or effective local policies on class sizes, making the area appealing to families who prioritize education. Lower ratios potentially enhance student performance and well-being, which could influence property values and make the... Read more
Student-to-teacher ratio in Foard County, Texas over the last 10 years
In Foard County, Texas, the student-to-teacher ratio has generally been lower than the national average of 14 students per teacher, which could be appealing to parents and educators seeking more personalized attention for students. Over the past ten years, the ratio has fluctuated but consistently remained below the national benchmark, with the most recent data for 2023 showing a ratio of around 9. The trend towards lower ratios may indicate strong community support for education or effective local policies on class sizes, making it an attractive area for families prioritizing education. Lower student-to-teacher ratios could potentially enhance student performance and well-being, thus impacting property values and community desirability for prospective investors and residents.
