Fort Bend County Real Estate and Livability Trends
In Fort Bend County, Texas, median home values have rocketed from $200,200 in 2015 to $329,600 in 2022, outpacing both Texas and national averages. This spike suggests the area is becoming a lucrative real estate investment hub. Residential energy tax credits per tax return have surged, reflecting a growing emphasis on energy-efficient home improvements, potentially attractive for sustainable... Read more
Fort Bend County Market Trends
Fort Bend County has seen median home values surge from $200,200 in 2015 to $329,600 in 2022, a growth that has outpaced both Texas and national averages, making it a potentially lucrative spot for real estate investment. Residential energy tax credits per tax return have skyrocketed, hinting at an increased focus on energy-efficient home improvements, which could be appealing for those investing... Read more
Median Value of Occupied Housing Units in Fort Bend County, Texas Over the Last 8 Years
Fort Bend County has experienced a substantial increase in median home values over the last eight years, rising from $200,200 in 2015 to $329,600 in 2022. This notable rise outpaces both Texas and national trends, where values reached $238,000 and $179,400 in 2022, respectively. For potential investors, builders, and homebuyers, this suggests that Fort Bend may offer strong appreciation potential compared to broader markets.
Residential Energy Tax Credit Per Tax Return in Fort Bend County, TX Over the Last 9 Years
Over the past nine years, Fort Bend County, Texas, has seen a notable increase in residential energy tax credits per tax return, starting from $381.11 in 2013 and spiking to $2,865.13 in 2021. This upward trend may indicate a growing investment in energy-efficient home improvements among residents, which could be an attractive signal for real estate investors and builders considering the area. Such a significant rise in energy tax credits might also suggest that local policies or incentives favor sustainable living, potentially affecting property values and insurance considerations. This trend could influence decisions for individuals and professionals focusing on real estate, appraisal, and residential development in Fort Bend County.
Average Real Estate Taxes Per Tax Return in Fort Bend County, TX Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Fort Bend County, Texas have shown a steady increase from around $6,491.91 in 2012 to just above $9,740.60 by 2021. This upward trend could indicate a growing property value, possibly making it a lucrative area for real estate investments, though also potentially leading to higher costs for current residents and investors. The jumps in tax values around 2015 and 2017 suggest periods of notable economic or developmental activity in the region, aligning with broader trends in housing market surges. Such insights are crucial for appraisers, insurance agents, and real estate agents assessing the economic landscape.
Percentage of Farm Returns in Fort Bend County, TX Over the Last 10 Years
Farm tax returns in Fort Bend County, Texas reflect a gradual decline over the last decade. Starting at approximately 0.89% in 2012, the percentage dropped steadily to around 0.60% by 2021. This trend could signal shifting economic activities or land use patterns in the area, potentially pointing to a decrease in the number of active farms. Investors and developers might want to consider these changes when planning agricultural ventures or property developments, as the decline in farm returns might indicate a transition to other types of land use that could impact local economic dynamics.
Number of Mortgages by Occupancy Type in Fort Bend County, TX Over the Last 5 Years in Fort Bend County
Over the last five years in Fort Bend County, Texas, the number of mortgages for principal residences has consistently dwarfed those for investment and second properties. This trend could indicate a robust demand for family housing and long-term occupancy, which might signal stability for investors and real estate agents. Conversely, there has been a slight increase in investment property mortgages, suggesting potential opportunities for those looking to diversify their portfolios with rental properties. For appraisers and insurance agents, these shifts inform risk assessments and property valuations, reflecting growing or shrinking market segments. Builders and developers might glean insights into where to focus their efforts—whether to cater to the primary residential market or the niche sectors of investment and second homes.
Economic Outlook
In Fort Bend County, Texas, average taxable income per tax return has considerably varied over the past nine years, peaking at about $107,395.83 in 2021 and dropping to around $89,210.45 in 2016. This fluctuation highlights potential for diverse economic activities, offering both short-term and long-term investment opportunities, enhanced by a recent uptrend. Concurrently, average state and local income taxes per tax return have risen significantly, from $9,503.98 in 2012 to $15,130.98 by 2021.... Read more
Average Taxable Income per Tax Return in Fort Bend County, TX over the last 9 years
Fort Bend County, Texas has seen fluctuations in average taxable income per tax return over the past nine years, with notable highs and lows. Peaking at approximately $107,395.83 in 2021, the income levels dipped to about $89,210.45 in 2016. This variability could attract diverse economic activities, offering potential for both short-term investments and long-term growth strategies. With the most recent uptrend, there may be increased confidence among real estate investors, insurance agents, and property developers who are eyeing stable, upward income trends as a positive indicator.
Average State and Local Income Taxes Per Tax Return in Fort Bend County, TX Over the Last 10 Years
Fort Bend County, Texas, has seen a notable increase in average state and local income taxes per tax return over the last decade. From $9,503.98 in 2012, there was a visible jump to $15,130.98 by 2021, with a peak at $16,401.66 in 2020. This trend could be seen as indicative of rising incomes or possibly an increase in tax rates, which may influence investment decisions, property appraisals, and insurance assessments. The fluctuations in taxes reflect economic dynamics within the county, providing useful insights for those looking to move, invest, or work in the real estate sector in Fort Bend County.
Average Total Tax Liability Per Tax Return in Fort Bend County, TX Over the Last 10 Years
Average total tax liability per tax return in Fort Bend County, Texas has seen notable fluctuations over the past decade, peaking at approximately $20,574.27 in 2014 and dipping to about $18,001.26 in 2016. This variance is of interest to potential investors, appraisers, and insurance agents as it reflects economic conditions and tax policy impacts. From a real estate perspective, understanding these changes can help in assessing the commitment required for property investment or homeownership in the area.
Cost of Living in Fort Bend County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $2,201 | $1,412 | $1,777 | $1,688 | $1,401 |
1 adult 4 children | $2,201 | $1,153 | $1,357 | $1,688 | $1,552 |
2 adults 3 children | $2,201 | $1,153 | $1,542 | $1,688 | $1,164 |
1 adult 3 children | $2,201 | $941 | $1,123 | $1,688 | $1,347 |
2 adults 2 children | $1,670 | $944 | $1,308 | $1,469 | $912 |
1 adult 2 children | $1,670 | $705 | $888 | $1,469 | $975 |
2 adults 1 child | $1,670 | $746 | $1,073 | $757 | $830 |
1 adult 1 child | $1,670 | $482 | $654 | $757 | $776 |
2 adults | $1,399 | $599 | $839 | $0 | $697 |
1 adult | $1,316 | $327 | $419 | $0 | $611 |
Safety trends & Data
Fort Bend County, Texas has seen fluctuating property crime rates over the past five years, with notable rises in burglary and larceny-theft. Burglary incidents peaked at 107.00 in 2020, while larceny-theft, the most common crime, hit a high of 965.00 in 2019 before slightly dropping. Motor vehicle theft gradually increased, topping out at 110.00 in 2022. These trends might influence property values and insurance rates, making them crucial for investors, property developers, and... Read more
Property Crime Trends in Fort Bend County, TX Over the Last 5 Years
Fort Bend County, Texas has experienced notable fluctuations in property crime over the past five years, with particular increases in burglary and larceny-theft incidents. Burglary incidents rose from 67.0 in 2018 to a peak of 107.0 in 2020, while larceny-theft fluctuated but remained the most prevalent crime, peaking at 965.0 in 2019, before seeing a slight decline in 2020. Motor vehicle theft showed a gradual increase, reaching a high of 110.0 in 2022. Fraud incidents remained relatively constant, with only minor variations. These trends could be crucial for investors, property developers, insurance agents, and residents to understand the evolving safety landscape and its potential impact on property values and insurance rates.
Demographics
In Fort Bend County, Texas, the adult population shows a fairly balanced gender distribution, with a slight female majority. Education levels are noteworthy, as a significant portion of the population has attained at least a bachelor's degree, potentially indicating a well-educated community. The age distribution reveals a broad spread across various age groups, with a notably large segment in the economically active 35 to 44-year range. Racially, the county is quite diverse, with sizable... Read more
Race Distribution in Fort Bend County, Texas (2022)
Educational Attainment in Fort Bend County, Texas (2022)
Age Distribution in Fort Bend County, Texas
Citizen Population in Fort Bend County, Texas (2022)
Political Trends & Data
In Fort Bend County, Texas, the 2020 U.S. Presidential Election showed a slight leaning towards the Democratic Party, with Democrats capturing about 54.7% of the vote, compared to 44.1% for Republicans. This suggests some shifting political dynamics in suburban areas, possibly due to changing voter demographics or evolving priorities. Third-party candidates, like the Libertarian and Green parties, received less than 1% of the votes each, underscoring their minimal influence in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Fort Bend County, Texas, leaned slightly more towards the Democratic Party, potentially reflecting shifting political dynamics in suburban areas. With Democrats securing around 54.7% of the vote and Republicans approximately 44.1%, this could suggest changing voter demographics or priorities. The data indicates minor support for Libertarian and Green parties, each garnering less than 1% of the total vote, which may highlight the limited impact of third-party candidates in this region.
44.12% of voters voted for the Republican party in the 2020 Presidential Election
54.70% of voters voted for the Democrat party in the 2020 Presidential Election
0.85% of voters voted for the Livertarian party in the 2020 Presidential Election
0.31% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Fort Bend County, Texas has dropped from nearly 17 students per teacher in 2014 to about 15 recently. Though still above the national average of 14, this trend indicates better teacher availability, potentially enhancing educational outcomes. For prospective investors or movers, this could reflect stronger educational resources, which might be appealing when showcasing local schools to potential buyers. This trend could also suggest community growth, signaling... Read more
Student-to-teacher ratio in Fort Bend County, Texas over the last 10 years
The student-to-teacher ratio in Fort Bend County, Texas has generally been trending downwards over the past decade, dropping from nearly 17 students per teacher in 2014 to a low of around 15 in recent years. This ratio, though still above the national average of 14, suggests a gradual improvement in teacher availability, which could positively influence educational outcomes. For those considering investing in or moving to the area, this might indicate a strengthening of educational resources. Real estate agents and appraisers might find these trends useful when highlighting the quality of local schools to potential homebuyers. Meanwhile, insurance agents and property developers could view these changes as a marker of community growth and increased demand for family-oriented amenities.