Frio County Real Estate and Livability Trends
Frio County, Texas has seen a considerable rise in median home values from $68,400 in 2015 to $98,000 in 2022, suggesting potential for future value growth as they're still below the state and national averages. Erratic trends in residential energy tax credits, peaking in 2014 and 2021, may reflect inconsistent investments in energy-efficient improvements. Property crime has fluctuated... Read more
Frio County Market Trends
Frio County, Texas, has experienced a notable increase in median home values over the past eight years, jumping from $68,400 in 2015 to $98,000 in 2022. Despite this climb, the county's home values are still well below the state and national averages, potentially presenting opportunities for future value growth. Residential energy tax credits have shown erratic trends, peaking in 2014 and 2021,... Read more
Median Value of Occupied Housing Units in Frio County, Texas Over the Last 8 Years
Over the past eight years, Frio County, Texas saw its median home values increase substantially from $68,400 in 2015 to $98,000 in 2022. Despite this upward trend, Frio County's home values remain significantly lower compared to the state of Texas, where the median value ballooned from $136,000 to $238,000 during the same period. On a national level, the median home value also trailed higher, rising from $125,500 in 2015 to $179,400 in 2022. For those considering investing or moving to Frio County, this disparity could indicate potential opportunities for value growth relative to broader markets.
Residential Energy Tax Credit Per Tax Return in Frio County, TX Over the Last 9 Years
Over the past nine years, Frio County, Texas has shown fluctuation in the average residential energy tax credit per tax return, with noticeable peaks in 2014 ($2,183.33) and 2021 ($2,166.67) and a low point in 2013 ($863.64). This erratic trend can somewhat be indicative of varying levels of investment in energy-efficient improvements by homeowners, possibly influenced by changing incentives or economic conditions. For potential investors, builders, or real estate professionals, understanding these fluctuations can offer insight into the periods when residents have made significant energy efficiency upgrades, which could affect property values and appraisal considerations.
Average Real Estate Taxes Per Tax Return in Frio County, TX Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Frio County, Texas have fluctuated, displaying a general increasing trend. In 2012, the average tax per return was approximately $3,002.38, but by 2021, this figure had risen to around $4,035.29. Notable spikes occurred in 2014 and 2018, with values reaching $3,304.65 and $4,061.90, respectively. Despite minor dips, such as in 2013 and 2019, the overall trend suggests a rising tax burden, which could be an important consideration for potential homeowners, investors, and real estate professionals assessing long-term financial commitments in the area.
Percentage of Farm Returns in Frio County, TX Over the Last 10 Years
Frio County, Texas has seen some fluctuation in the percentage of farm tax returns over the past decade, indicating a small but noticeable trend in agricultural financial reporting. Starting at approximately 5.94% in 2012, this percentage dipped to about 4.94% by 2021. This could suggest variations in farm profitability or shifts in reporting practices. For investors, potential residents, or those looking to develop property, understanding these trends could be crucial. Farm tax returns often reflect the economic health of the agricultural sector, influencing property values and the local economy. Farmers typically file these returns to report income from farming activities for tax purposes, offering insights into the viability and productivity of agricultural endeavors in the area.
Number of Mortgages by Occupancy Type in Frio County, TX Over the Last 5 Years in Frio County
In Frio County, Texas, mortgage data over the past five years shows a clear predominance of principal residence mortgages, with peaks observed in 2021 and 2022 likely suggesting strong demand for primary housing. Investment property mortgages are notably fewer, yet present a consistent, if modest, trend, which might indicate selective but steady interest from investors in the region. Second residence mortgages are even scarcer, possibly reflecting lesser demand for vacation or secondary homes. For investors, this trend may imply cautious growth opportunities, while for those considering moving, it signifies a high primary residence market. For appraisers and insurance agents, understanding these trends aids in accurate property valuations and risk assessments. Real estate agents and developers might be guided by these patterns to cater to the predominant occupancy types seen in the area.
Economic Outlook
Frio County, Texas has experienced fluctuations in average taxable income over the past nine years, peaking at $52,051.85 in 2014 before dipping to $39,364.99 in 2016, and settling at $48,594.25 in 2021. This instability might reflect changing economic conditions, vital for potential investors and real estate agents. Meanwhile, the average state and local income taxes per tax return surged from $2,700.00 in 2015 to $4,450.00 in 2016, then slightly decreased to $4,300.00 in 2017, hinting at... Read more
Average Taxable Income per Tax Return in Frio County, TX over the last 9 years
Frio County, Texas has witnessed some fluctuation in average taxable income over the past nine years. Following a peak in 2014 at approximately $52,051.85, the income saw a notable dip the next two years, hitting a low in 2016 at around $39,364.99. Though the income moderately recovered in subsequent years, it remained relatively unstable, showing slight increases and decreases, landing at about $48,594.25 in 2021. This volatility could signal changing economic conditions or employment opportunities, valuable insights for potential investors, real estate agents, or those considering a move to the area.
Average State and Local Income Taxes Per Tax Return in Frio County, TX Over the Last 3 Years
Frio County, Texas, has seen notable fluctuations in average state and local income taxes per tax return over the last three years. In 2015, the average was $2,700.00, which increased significantly to $4,450.00 in 2016 before slightly decreasing to $4,300.00 in 2017. These changes may hint at varying income levels or tax policies impacting residents, crucial for stakeholders such as investors, real estate agents, and those considering moving to or residing in the county.
Average Total Tax Liability Per Tax Return in Frio County, TX Over the Last 10 Years
Over the last decade, Frio County, Texas, has shown a general decline in the average total tax liability per tax return, with a notable drop from $11,428.06 in 2014 to $7,220.50 in 2021. This trend may indicate shifts in economic conditions or taxpayer demographics. Significant fluctuations, especially the steep drop between 2014 and 2016, could be insightful for appraisers, real estate agents, and investors assessing the area's fiscal environment and its potential impact on property values and market trends.
Cost of Living in Frio County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,177 | $1,259 | $1,934 | $1,508 | $902 |
| 1 adult 4 children | $1,177 | $1,028 | $1,480 | $1,508 | $1,018 |
| 2 adults 3 children | $1,177 | $1,028 | $1,677 | $1,508 | $735 |
| 1 adult 3 children | $1,177 | $839 | $1,223 | $1,508 | $789 |
| 2 adults 2 children | $943 | $842 | $1,421 | $1,315 | $643 |
| 1 adult 2 children | $943 | $629 | $967 | $1,315 | $611 |
| 2 adults 1 child | $943 | $665 | $1,164 | $689 | $612 |
| 1 adult 1 child | $943 | $430 | $710 | $689 | $519 |
| 2 adults | $835 | $534 | $908 | $0 | $540 |
| 1 adult | $711 | $292 | $454 | $0 | $461 |
Safety trends & Data
Frio County, Texas has experienced significant fluctuations in property crime over the past five years. The notable highs and lows can potentially impact property investment decisions, insurance premiums, and overall real estate market dynamics. For instance, 2018 saw larceny-theft incidents at 43.00 and burglary at 18.00, but these dropped to 1.00 and 2.00 respectively by 2022. However, 2020 saw a burglary spike to 42.00, albeit with a marked decrease in the following... Read more
Property Crime Trends in Frio County, TX Over the Last 5 Years
Over the last five years, Frio County, Texas has seen fluctuating trends in property crime. Notably, 2018 experienced high incidents of larceny-theft at 43.0 and burglary at 18.0, while these figures sharply dropped to 1.0 and 2.0 respectively by 2022. Conversely, 2020 witnessed a burglary spike to 42.0 but saw a marked decrease in subsequent years. Such variability may influence property investment decisions, insurance premiums, and real estate market dynamics in the area.
Demographics
Frio County, Texas, appears to have a notably higher male population compared to females. The educational attainment data suggests that a significant portion of residents have a high school level education, with relatively fewer achieving higher academic degrees. Age distribution insights might highlight a moderately youthful demographic, with a sizeable population under 35 years old. Racially, the population may be predominantly White, with smaller representations from other racial groups.... Read more
Race Distribution in Frio County, Texas (2022)
Educational Attainment in Frio County, Texas (2022)
Age Distribution in Frio County, Texas
Citizen Population in Frio County, Texas (2022)
Political Trends & Data
Frio County, Texas shows a slight Republican tilt based on the 2020 U.S. Presidential Election results, yet Democrats also pulled significant support, indicating a competitive political scene. Minor parties like the Libertarian and Green parties had minimal influence, hinting at low traction for third-party agendas in the region. This political split could impact real estate trends, with potential shifts in local policies and community priorities affecting property values and buyer interest... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Frio County, Texas, saw a slight majority leaning towards the Republican Party, which potentially indicates a conservative tilt in the region. Meanwhile, Democrats garnered significant support, suggesting a competitive political landscape. Minor parties like the Libertarian and Green parties had minimal impact, which might reflect limited resonance with third-party platforms in this area.
53.48% of voters voted for the Republican party in the 2020 Presidential Election
45.88% 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
0.21% of voters voted for the Green party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Frio County, Texas has often been below the national average of 14 students per teacher over the past decade, starting at 14.49 in 2014 and falling to 12.89 in 2016. It remained lower than the national figure until more recently, hitting 14.28 in 2023. This trend might suggest a more personalized educational experience, which could be a draw for families considering relocation. For real estate stakeholders, this relatively favorable ratio can be a significant... Read more
Student-to-teacher ratio in Frio County, Texas over the last 10 years
Over the last decade, the student-to-teacher ratio in Frio County, Texas has consistently hovered around or just below the national average of 14 students per teacher. Starting at 14.49 in 2014, the ratio dipped to 12.89 in 2016 and generally stayed lower than the national average until more recently, reaching 14.28 in 2023. This relatively favorable student-to-teacher ratio could imply a potentially more personalized and engaging educational experience for students, which might attract families looking to relocate. Additionally, a lower ratio may be an appealing factor for educators considering job opportunities in the area. For real estate agents and investors, this trend can serve as a selling point when promoting properties to potential buyers or renters who prioritize education quality.
