Garza County Real Estate and Livability Trends
Garza County, Texas has seen wide swings in average taxable income, peaking at $65,429.41 in 2014, dipping to $47,732.20 in 2020, and rebounding to $62,460.00 in 2021, which could hint at economic recovery. Median home values jumped from $78,900 in 2021 to $87,500 in 2022, which might offer a more affordable entry point for investors compared to wider markets. However, property crime rates spiked... Read more
Garza County Market Trends
Garza County, Texas has experienced relatively stable yet lower median home values, with a significant rise from $78,900 in 2021 to $87,500 in 2022. This lower baseline may offer more accessible entry points for property investors and new residents compared to state and national levels. Real estate taxes have fluctuated dramatically from $2,460.00 in 2012 to a peak of $5,975.00 in 2020,... Read more
Median Value of Occupied Housing Units in Garza County, Texas Over the Last 8 Years
Garza County, Texas has seen relatively stable, albeit lower, median home values compared to both the state and national levels. Over the past eight years, the county's median home value experienced minor fluctuations before a notable increase from $78,900 in 2021 to $87,500 in 2022. In comparison, Texas and national figures have consistently trended upward, reaching $238,000 and $179,400 respectively in 2022. This relatively lower baseline could imply more accessible market entry points for potential property investors or new residents looking for affordability within Texas.
Average Real Estate Taxes Per Tax Return in Garza County, TX Over the Last 10 Years
Garza County, Texas has seen notable fluctuations in real estate taxes over the past decade. Starting at $2,460.00 in 2012, the average tax per return soared to a peak of $5,975.00 in 2020. This significant increase in property taxes reflects broader economic trends that could impact various stakeholders. For potential investors, this suggests rising property values and potentially higher returns, while current residents and potential movers should be prepared for potentially increasing living costs. Real estate agents might use this data to inform prospects about long-term tax trends, and appraisers may factor these changes into property evaluations.
Percentage of Farm Returns in Garza County, TX Over the Last 10 Years
In Garza County, Texas, the percentage of farm returns has shown a general downward trend over the last decade. Starting at approximately 8.99% in 2012, it slightly decreased to around 8.85% in 2013 and further dipped to about 6.74% in 2021. This suggests a potential decline in agricultural activity or profitability in the area, which could be crucial for those considering investing in or moving to Garza County. Farm tax returns are essentially tax filings specific to agricultural income and expenses, indicating the monetary health of farming operations in the region. Understanding these trends is important for assessing the viability and economic stability of agricultural investments in the county.
Number of Mortgages by Occupancy Type in Garza County, TX Over the Last 5 Years in Garza County
Garza County, Texas has seen fluctuating trends in mortgage counts across different occupancy types over the last five years. Principal Residences consistently dominate the market, peaking at 122 in 2020 before slightly decreasing to 113 by 2022. Investment Properties have shown a decline, falling from 13 in 2019 to just 3 in 2022. Meanwhile, Second Residences experienced minor variations, capping at 20 in 2021 and reducing to 8 in 2022. Changes in occupancy type matter because they can affect property values, market stability, and demand forecasts—key insights for investors, appraisers, insurance agents, real estate developers, and agents. Understanding these shifts helps stakeholders make informed decisions regarding investments, coverage policies, and market entry.
Economic Outlook
Garza County, Texas has seen notable fluctuations in average taxable income, peaking at $65,429.41 in 2014 and dropping to $47,732.20 in 2020. The recent uptick to $62,460.00 in 2021 could suggest some economic recovery or stabilization. This variability highlights a dynamic local economy that might be pivotal for strategizing real estate investments. Additionally, the average total tax liability experienced a similar rollercoaster, from $19,266.41 in 2012 to $8,028.23 in 2020, and then... Read more
Average Taxable Income per Tax Return in Garza County, TX over the last 9 years
Garza County, Texas has experienced significant fluctuations in the average taxable income per tax return over the past nine years, peaking at $65,429.41 in 2014 and dropping to a low of $47,732.20 in 2020. This variance could suggest a dynamic local economy influenced by diverse factors, making it crucial for potential investors, property developers, and real estate agents to consider current economic trends before making commitments. The recent uptrend to $62,460.00 in 2021 might indicate some recovery or stabilization, possibly shaping future business and residential development plans in the area.
Average Total Tax Liability Per Tax Return in Garza County, TX Over the Last 10 Years
Over the past decade, Garza County in Texas has seen significant fluctuations in average total tax liability per tax return. From a high of $19,266.41 in 2012, the figure dropped to a low of $8,028.23 in 2020 before rebounding slightly to $10,051.06 in 2021. These swings highlight the volatile economic conditions in the area, potentially impacting the stability of real estate investments and insurance assessments. For real estate agents, property developers, and those considering moving to the region, understanding these trends might be crucial for financial planning and long-term investment strategies.
Cost of Living in Garza County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,064 | $1,412 | $2,079 | $1,199 | $889 |
| 1 adult 4 children | $1,064 | $1,153 | $1,592 | $1,199 | $976 |
| 2 adults 3 children | $1,064 | $1,153 | $1,803 | $1,199 | $705 |
| 1 adult 3 children | $1,064 | $941 | $1,316 | $1,199 | $726 |
| 2 adults 2 children | $830 | $944 | $1,527 | $1,046 | $614 |
| 1 adult 2 children | $830 | $705 | $1,040 | $1,046 | $553 |
| 2 adults 1 child | $830 | $746 | $1,250 | $548 | $598 |
| 1 adult 1 child | $830 | $482 | $763 | $548 | $488 |
| 2 adults | $661 | $599 | $974 | $0 | $526 |
| 1 adult | $626 | $327 | $487 | $0 | $451 |
Safety trends & Data
Garza County, Texas has seen fluctuating property crime rates over the past three years, with notable spikes in burglary and motor vehicle theft in 2020, rising to 3.0 cases each. After a lull, vandalism also emerged as a new concern in 2020. These crime trends might play a role in how prospective buyers and insurance agents view real estate opportunities, potentially impacting property valuations and community... Read more
Property Crime Trends in Garza County, TX Over the Last 3 Years
Over the past three years, property crime in Garza County, Texas has shown inconsistent yet generally low numbers. Notably, burglary incidents surged back to 3.0 cases in 2020 after dropping to just 1.0 in 2019. Larceny-theft crimes have remained relatively steady, peaking at 3.0 in 2018 but dropping to 2.0 by 2020. Interestingly, while motor vehicle theft had no reported cases in 2019, it spiked to 3.0 in 2020, which could be a point of concern for prospective property buyers and insurance agents. Vandalism appeared only in 2020, adding a new dimension to the crime landscape. These patterns might influence real estate decisions and property valuations in the county.
Demographics
Garza County, Texas, shows a slight population tilt towards males, with 1937 men compared to 1837 women. The community's educational attainment primarily clusters around high school graduates and those with some college but no degree, potentially pointing to a market with room for increased higher education opportunities. Age-wise, the population is relatively spread out, but there seems to be a notable presence of individuals in the 25 to 54 range, which might impact local labor and economic... Read more
Race Distribution in Garza County, Texas (2022)
Educational Attainment in Garza County, Texas (2022)
Age Distribution in Garza County, Texas
Citizen Population in Garza County, Texas (2022)
Political Trends & Data
Garza County in Texas showed a significant preference for the Republican party in the 2020 U.S. Presidential Election, with potentially around 85% of the votes going their way. Democrats likely captured about 14%, and Libertarians and Green party candidates received minimal support, likely less than 1% each. This trend might suggest the area has a deeply conservative voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Garza County in Texas showed a strong leaning toward the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly securing approximately 85% of the votes. Democrats appeared to gain around 14%, while Libertarians and Green party candidates likely received minimal support, each garnering less than 1%. This could indicate a deeply entrenched conservative voter base in the area.
85.48% of voters voted for the Republican party in the 2020 Presidential Election
13.97% of voters voted for the Democrat party in the 2020 Presidential Election
0.30% of voters voted for the Livertarian party in the 2020 Presidential Election
0.24% of voters voted for the Green party in the 2020 Presidential Election
School Data
Garza County, Texas, has student-to-teacher ratios consistently below the national average. Fluctuating between 7 in 2018 and 10 in 2023, these smaller class sizes suggest more personalized education, a noteworthy factor for families considering a move to the area. This trend might boost property values and present a unique selling point for real estate agents. For teachers, lower ratios usually mean a better working environment and more effective... Read more
Student-to-teacher ratio in Garza County, Texas over the last 10 years
Garza County, Texas, has seen significant fluctuations in its student-to-teacher ratio over the past decade, with the ratio ranging from a low of 7 in 2018 to a high of 10 in 2023. These numbers are consistently below the national average of 14 students per teacher, which could signal a more personalized education experience due to smaller class sizes. This trend may be appealing to families considering moving to the area, and could positively impact property values. For educators and administrators, a lower ratio often means a better working environment and more effective teaching. Real estate agents might find this a key selling point for potential buyers.
