Grimes County Real Estate and Livability Trends
Grimes County, Texas has observed notable growth in average taxable income, rising from $49,120.34 in 2013 to $68,893.46 by 2021, signaling a potentially stable and lucrative market for investors. Median home values have more than doubled, from $105,400 in 2015 to $212,500 in 2022, outpacing broader trends and reflecting a robust real estate market. The appeal to primary homebuyers is evident,... Read more
Grimes County Market Trends
Grimes County, Texas has seen a rapid rise in median home values, jumping from $105,400 in 2015 to $212,500 in 2022, significantly outpacing state and national trends. Energy-efficient improvements are increasingly popular, with average residential energy tax credits per tax return soaring from $484.21 in 2013 to $1,937.50 in 2021. Real estate taxes also climbed, nearly doubling over the past... Read more
Median Value of Occupied Housing Units in Grimes County, Texas Over the Last 8 Years
Grimes County, Texas has experienced an upward trajectory in median home values over the past eight years, moving from $105,400 in 2015 to $212,500 in 2022. This rapid acceleration, especially since 2018, noticeably outpaces state and national trends. Texas overall saw its median values rise from $136,000 to $238,000, while the U.S. moved from $125,500 to $179,400 in the same period. This significant local growth may indicate a burgeoning interest and development in Grimes County, making it a potentially attractive target for investors and homebuyers looking to tap into an appreciating market.
Residential Energy Tax Credit Per Tax Return in Grimes County, TX Over the Last 9 Years
Over the past nine years, Grimes County, Texas has experienced a notable increase in the average residential energy tax credit per tax return, rising from $484.21 in 2013 to $1,937.50 in 2021. This upward trend may indicate a growing investment in energy-efficient improvements by homeowners, which could attract eco-conscious individuals and investors interested in sustainable property developments. For appraisers and real estate agents, this data could be a crucial selling point, aligning with broader environmental trends and potentially boosting property values. Additionally, this ongoing rise might prompt insurance agents to reassess risk profiles and premiums due to enhanced home energy systems.
Average Real Estate Taxes Per Tax Return in Grimes County, TX Over the Last 10 Years
Over the past decade, Grimes County in Texas has generally seen an increase in average real estate taxes per tax return. Starting around $3,292.11 in 2012, the average taxes have nearly doubled, peaking at approximately $6,491.80 in 2020 before experiencing a slight dip to around $6,083.87 in 2021. This trend is important for investors, appraisers, insurance agents, builders, and real estate agents as it may reflect rising property values and potential changes in local fiscal policies. Current property owners or prospective buyers should carefully consider these tax trends when planning their finances or evaluating the cost of living in the area.
Percentage of Farm Returns in Grimes County, TX Over the Last 10 Years
Over the last decade, Grimes County, Texas saw a subtle decline in the percentage of farm tax returns, decreasing from about 11.82% in 2012 to roughly 10.08% in 2021. Farm tax returns indicate the proportion of tax filings from farming activities, shedding light on the economic health and agricultural productivity in the region. This trend may suggest shifting economic dynamics or changes in farming profitability, impacting decisions for those looking to invest in agricultural ventures or real estate developments in the area.
Number of Mortgages by Occupancy Type in Grimes County, TX Over the Last 5 Years in Grimes County
Grimes County, Texas has seen a notable fluctuation in mortgage activity for different occupancy types over the last five years, with a predominant focus on principal residences. The number of mortgages for principal residences peaked in 2021 at 1,777, then slightly dipped to 1,535 in 2022. Interestingly, investment properties and second residences have maintained relatively stable numbers, though investment properties saw a modest increase from 27 in 2018 to 58 in 2021 and 2022. These trends may reflect the local real estate market's attractiveness to those looking for primary homes and underline a moderate demand for investment opportunities. For potential investors, understanding these occupancy shifts could help gauge market stability and lucrative investment prospects. Similarly, appraisers and insurance agents might find the maintained figures for investment properties and second residences indicative of consistent interest and relatively low market volatility in these categories.
Economic Outlook
Grimes County, Texas has experienced a significant increase in average taxable income per tax return from about $49,120.34 in 2013 to approximately $68,893.46 in 2021. This consistent income growth might suggest a more stable and potentially lucrative market for investors, new residents, and property developers. At the same time, state and local income taxes in the area have seen notable fluctuations, with a sharp drop in 2018 and significant spikes in the following years, reflecting possible... Read more
Average Taxable Income per Tax Return in Grimes County, TX over the last 9 years
Grimes County, Texas has seen a notable increase in the average taxable income per tax return over the past nine years, rising from roughly $49,120.34 in 2013 to approximately $68,893.46 in 2021. This trend, marked by fluctuations in the mid-2010s and a significant uptick in recent years, suggests a growing economic base that could attract investors, new residents, and property developers. Those in the real estate and insurance sectors may find this consistent income growth indicative of a more stable and potentially lucrative market.
Average State and Local Income Taxes Per Tax Return in Grimes County, TX Over the Last 10 Years
Over the past decade, Grimes County, Texas has seen fluctuating trends in average state and local income taxes per tax return. From 2012 to 2017, there was a steady increase from around $3,885.71 to $5,071.43, which could suggest a growing local economy or changes in tax policy. However, 2018 saw a sharp drop to $2,100.00, only to spike significantly in 2019 and 2020, reaching up to $7,366.67. In 2021, the figure reduced to $5,500.00, showing some volatility. This variance could be of interest to investors and real estate professionals assessing the area’s economic stability and tax environment.
Average Total Tax Liability Per Tax Return in Grimes County, TX Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Grimes County, Texas has demonstrated fluctuations but an overall upward trend, peaking in 2021 at $11,566.51. This suggests a potential increase in overall household incomes or property values. For investors, this may point to economic growth, while real estate agents might see this as a sign of rising home values. However, for potential residents, it could mean higher tax bills, which is important for financial planning. Appraisers and insurance agents should consider these trends when assessing property values or premiums.
Cost of Living in Grimes County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,073 | $1,367 | $1,986 | $1,393 | $895 |
| 1 adult 4 children | $1,073 | $1,117 | $1,520 | $1,393 | $992 |
| 2 adults 3 children | $1,073 | $1,117 | $1,723 | $1,393 | $718 |
| 1 adult 3 children | $1,073 | $912 | $1,257 | $1,393 | $776 |
| 2 adults 2 children | $882 | $914 | $1,459 | $1,216 | $652 |
| 1 adult 2 children | $882 | $683 | $993 | $1,216 | $589 |
| 2 adults 1 child | $882 | $723 | $1,195 | $641 | $608 |
| 1 adult 1 child | $882 | $467 | $729 | $641 | $503 |
| 2 adults | $702 | $581 | $932 | $0 | $519 |
| 1 adult | $665 | $317 | $466 | $0 | $448 |
Safety trends & Data
Property crime trends in Grimes County, Texas reveal fluctuations over the past five years, especially in burglary and larceny-theft incidents. Burglary rates peaked in 2018 with 16 cases but saw a decrease by 2019 and continued to fluctuate. Larceny-theft was the most prevalent crime but steadily decreased from 45 cases in 2018 to 20 cases in 2022. Motor vehicle thefts remained relatively low, mostly in single digits, while vandalism peaked at 13 cases in 2020. For those considering investment... Read more
Property Crime Trends in Grimes County, TX Over the Last 5 Years
Property crime trends in Grimes County, Texas reveal a noticeable fluctuation over the past five years, particularly in burglary and larceny-theft incidents. Burglary rates peaked in 2018 with 16 cases but saw a decrease by 2019, fluctuating thereafter. Larceny-theft remained the most prevalent crime, albeit with a steady decrease from 45 cases in 2018 to 20 cases in 2022. Motor vehicle thefts stayed relatively low, mostly in single digits. Vandalism also showed some variability, peaking at 13 cases in 2020. For those considering investment or property development, these trends highlight the importance of evaluating security measures and their potential impact on property values.
Demographics
In Grimes County, Texas, the adult population skews slightly male, with men making up a bit more than half. When it comes to education, a significant portion of the population has a high school diploma, but fewer people advance to achieve an associate's or bachelor's degree. The age distribution shows a fair spread across all age brackets, with a noticeable concentration of residents between 45 and 64 years old. Racially, the county is predominantly White, with smaller communities of African... Read more
Race Distribution in Grimes County, Texas (2022)
Educational Attainment in Grimes County, Texas (2022)
Age Distribution in Grimes County, Texas
Citizen Population in Grimes County, Texas (2022)
Political Trends & Data
Grimes County, Texas, leaned heavily Republican in the 2020 Presidential Election, with almost 76% of the vote, while Democrats claimed around 23%. Libertarian and Green parties together garnered just slightly over 1%. This conservative pattern mirrors broader trends in rural Texas counties, potentially influencing local attitudes toward housing policies and market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Grimes County, Texas, showed a significant lean towards the Republican party in the 2020 Presidential Election, with nearly 76% of the votes. In contrast, the Democratic party captured about 23%, while Libertarian and Green parties combined received slightly over 1% of the total votes. This voting pattern might suggest a predominantly conservative electorate, reflecting broader trends often seen in similar rural counties within Texas.
75.98% of voters voted for the Republican party in the 2020 Presidential Election
22.82% of voters voted for the Democrat party in the 2020 Presidential Election
0.95% 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
0.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
Grimes County, Texas's student-to-teacher ratio has seen fluctuations, often hovering just under the national average of 14 students per teacher. The ratio dipped to 10 in 2021, suggesting a more favorable learning environment, but rose to nearly 14 in 2023, possibly due to increasing student enrollments or changes in educational funding and staffing. These shifts could influence property values, community appeal, and long-term investment attractiveness, essential insights for real estate... Read more
Student-to-teacher ratio in Grimes County, Texas over the last 10 years
Grimes County, Texas has seen fluctuations in its student-to-teacher ratio over the past decade, with values typically hovering just under the national average of 14 students per teacher. Notably, the ratio dipped to 10 in 2021, suggesting a more favorable learning environment during that year. However, a recent rise to nearly 14 in 2023 may reflect growing student enrollments or adjustments within the educational funding and staffing. For potential investors, homebuyers, and real estate agents, these changes hint at evolving educational infrastructure, which might impact property values and community appeal. Appraisers and insurance agents might also consider these factors when assessing long-term investments in the area.
