Gillespie County Real Estate and Livability Trends
Gillespie County, Texas, has seen a robust increase in median home values, jumping from $238,300 in 2015 to $399,400 in 2022, which could attract investors. Average taxable income per tax return has also risen sharply, suggesting economic growth. However, real estate taxes have nearly doubled to $9,365.52 on average per tax return over the past decade, reflecting rising property values.... Read more
Gillespie County Market Trends
Median home values in Gillespie County, Texas have shot up from $238,300 in 2015 to $399,400 in 2022, outpacing both state and national averages. This rapid growth suggests a strong housing market, making it a potentially lucrative spot for investment. The average residential energy tax credits peaked dramatically at around $4,150.00 per tax return in 2018, indicating a heightened local interest... Read more
Median Value of Occupied Housing Units in Gillespie County, Texas Over the Last 8 Years
Median home values in Gillespie County, Texas have experienced an upward trend over the last eight years, with the value rising from $238,300 in 2015 to $399,400 in 2022. This growth rate significantly outpaces state-wide and national averages, reflecting a more robust housing market in the county. By comparison, Texas saw its median home value increase from $136,000 to $238,000, while the national median only moved from $125,500 to $179,400 during the same period. For those looking to invest, move, or build property in Gillespie County, this data might suggest a strong and potentially lucrative market.
Residential Energy Tax Credit Per Tax Return in Gillespie County, TX Over the Last 9 Years
Residential energy tax credits in Gillespie County, Texas, show notable fluctuations over the last nine years. Starting at around $658.82 per tax return in 2013, there was a steady increase until 2016 when the average reached approximately $1,191.67. A sharp spike occurred in 2018, reaching an average of $4,150.00 per tax return, possibly indicating heightened investments in energy efficiency or solar installations. Although there was a decrease in subsequent years, amounts remained elevated compared to earlier levels, averaging $2,693.33 in 2021. This trend could signal an increasing local emphasis on sustainable living and energy-saving technologies, making it an attractive prospect for environmentally-conscious investors and property developers.
Average Real Estate Taxes Per Tax Return in Gillespie County, TX Over the Last 10 Years
In Gillespie County, Texas, average real estate taxes per tax return have shown a steady increase over the past decade. From around $4,980.13 in 2012, these taxes have more than almost doubled, reaching approximately $9,365.52 by 2021. This trend could indicate rising property values and may affect decisions for potential investors, homebuyers, appraisers, and real estate agents in the area. Understanding this escalation is crucial for financial planning, property valuation, and determining potential returns on investment.
Percentage of Farm Returns in Gillespie County, TX Over the Last 10 Years
Farm tax returns in Gillespie County, Texas have shown a subtle decline over the past decade, moving from around 15.00% in 2012 to approximately 12.78% in 2021. Understanding the percentage of farm tax returns is crucial as it reflects the agricultural activity and economic health of rural areas. For potential investors, builders, or anyone exploring opportunities in Gillespie County, a downward trend in farm tax returns could suggest a shift in land use or economic focus, affecting property values and future development plans.
Number of Mortgages by Occupancy Type in Gillespie County, TX Over the Last 5 Years in Gillespie County
In Gillespie County, Texas, mortgage counts for principal residences have consistently outweighed those for investment and second residences over the last five years. The fluctuations in investment properties and second residences suggest shifting interest possibly due to economic conditions or trends in real estate desirability, hinting at economic vitality and investment potential in specific areas. This might matter greatly for investors eyeing longer-term returns, real estate agents monitoring market trends, appraisers assessing property values, and insurance agents evaluating risk. Builders and those considering relocations could find the stability in principal residence mortgages reassuring, signaling steady demand from homebuyers.
Economic Outlook
Gillespie County, Texas, has experienced a significant rise in average taxable income per tax return, increasing from about $67,509.13 in 2013 to $124,588.16 in 2021, indicating economic growth and rising affluence that might appeal to investors and real estate professionals. Fluctuations in average state and local income taxes, peaking at $23,816.67 in 2020 and dipping to around $12,000.00 in other years, could reflect economic shifts or policy changes affecting the area's fiscal landscape.... Read more
Average Taxable Income per Tax Return in Gillespie County, TX over the last 9 years
Over the past nine years, Gillespie County, Texas, has seen a consistent upward trend in average taxable income per tax return, starting from approximately $67,509.13 in 2013 to a notable rise at $124,588.16 in 2021. This significant increase might interest potential investors, real estate agents, and residents as it could reflect economic growth and rising affluence in the area. Appraisers and insurance agents would also find this data pertinent when assessing the value and risk associated with properties in Gillespie County. The overall trajectory suggests a robust and evolving local economy which can be an attractive factor for those looking to move or invest in the county.
Average State and Local Income Taxes Per Tax Return in Gillespie County, TX Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Gillespie County, Texas, have demonstrated considerable fluctuations. While there was a notable increase peaking at $23,816.67 in 2020, other years such as 2014 and 2017 saw significantly lower averages, hovering around $11,884.62 and $12,000.00 respectively. This variation may suggest underlying economic shifts or policy changes impacting local taxpayers, which can be key considerations for prospective investors, property developers, and real estate professionals assessing the area's fiscal landscape.
Average Total Tax Liability Per Tax Return in Gillespie County, TX Over the Last 10 Years
Gillespie County, Texas has seen a notable upward trend in average total tax liabilities per tax return over the past decade, rising from $14,610.01 in 2012 to $26,767.49 in 2021. Despite some fluctuations, substantial increases after 2016 indicate growing property valuations or changes in tax policy. This shift is of particular interest to potential investors, property builders, and real estate agents, as it suggests increasing property values and a growing economy that could drive investment opportunities. Similarly, insurance agents and appraisers should be aware of these trends when assessing property risks and values.
Cost of Living in Gillespie County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,573 | $1,166 | $1,934 | $1,508 | $1,028 |
| 1 adult 4 children | $1,573 | $952 | $1,480 | $1,508 | $1,185 |
| 2 adults 3 children | $1,573 | $953 | $1,677 | $1,508 | $861 |
| 1 adult 3 children | $1,573 | $778 | $1,223 | $1,508 | $984 |
| 2 adults 2 children | $1,107 | $780 | $1,421 | $1,315 | $693 |
| 1 adult 2 children | $1,107 | $583 | $967 | $1,315 | $678 |
| 2 adults 1 child | $1,107 | $616 | $1,164 | $689 | $661 |
| 1 adult 1 child | $1,107 | $398 | $710 | $689 | $554 |
| 2 adults | $841 | $495 | $908 | $0 | $530 |
| 1 adult | $835 | $270 | $454 | $0 | $475 |
Safety trends & Data
Property crime trends in Gillespie County, Texas, have shown notable fluctuations over the past five years. Larceny-theft incidents jumped 144% to 22 cases in 2022 from 9 in 2021. Forgery and counterfeiting also spiked to 10 incidents in 2022, compared to just 1 in 2018. While burglary numbers remained relatively low, with peaks like 4 cases in 2019 and 2021, these trends might suggest areas needing enhanced security measures, potentially impacting property valuations and influencing decisions... Read more
Property Crime Trends in Gillespie County, TX Over the Last 5 Years
Property crime trends in Gillespie County, Texas, have shown fluctuations over the past five years, with notable increases in certain categories. Larceny-theft incidents spiked to 22 in 2022, up from 9 in 2021, highlighting a 144% rise. Similarly, forgery and counterfeiting saw a sharp increase to 10 in 2022 from just 1 in 2018. Burglary numbers remained relatively low, with occasional peaks such as 4 cases in 2019 and 2021. For insurance agents, real estate developers, and potential investors, these trends might indicate areas requiring enhanced security measures and influencing property valuations.
Demographics
Gillespie County, Texas exhibits a relatively balanced gender distribution and an aging population, with older age groups showing slightly higher numbers. Educational attainment is diverse, with a significant portion of the population holding high school diplomas or higher degrees. The county is predominantly White, with very small percentages of other racial groups such as African American, Asian, and American Indian. This demographic context suggests potential for community programs targeting... Read more
Race Distribution in Gillespie County, Texas (2022)
Educational Attainment in Gillespie County, Texas (2022)
Age Distribution in Gillespie County, Texas
Citizen Population in Gillespie County, Texas (2022)
Political Trends & Data
Gillespie County, Texas, leaned significantly toward Republican candidates in the 2020 U.S. Presidential Election, with nearly 79% of votes cast for the GOP and only about 20% for Democrats. The lack of support for third parties highlights minimal political diversity, hinting at a strong and possibly steadfast conservative identity. This political landscape could impact future elections and local policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Gillespie County, Texas, the 2020 U.S. Presidential Election results showed a dominant preference for Republican candidates, potentially reflecting the area's conservative leanings. With nearly 79% of the votes going to Republicans and only around 20% to Democrats, there also seems to be minimal support for third parties, indicating limited political diversity in voter preferences. This trend could suggest an ingrained political identity within the county that might influence future elections.
78.95% of voters voted for the Republican party in the 2020 Presidential Election
20.04% of voters voted for the Democrat party in the 2020 Presidential Election
0.88% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% 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
Gillespie County, Texas, has seen its student-to-teacher ratio fluctuate over the past decade, peaking at 14 in 2018 and 2023, while dropping to a low of 12 in 2021. This variability may appeal to families and investors, as smaller class sizes often imply more individualized student attention. The 2023 ratio aligns with the national average, suggesting manageable class sizes and potential stability in property values. Real estate stakeholders should consider these educational trends to make... Read more
Student-to-teacher ratio in Gillespie County, Texas over the last 10 years
Over the past decade, Gillespie County, Texas has seen its student-to-teacher ratio fluctuate, peaking at 14 in 2018 and 2023, while hitting a low of 12 in 2021. This trend presents intriguing implications for those considering investing or moving to the area. In 2023, the county matches the US national average of 14 students per teacher, suggesting manageable class sizes that might appeal to families prioritizing education. However, the historical dips below the national average indicate periods with even smaller class sizes, which can imply more individualized attention for students. Real estate agents, appraisers, and insurance agents should note these variations, as educational quality often correlates with property values and community appeal. Understanding these trends is essential for making informed decisions regarding property investments and developments in Gillespie County.
