Hansford County Real Estate and Livability Trends
Hansford County, Texas, shows promising signs for real estate investors with its rebounding average taxable income per tax return hitting $71,830.18 in 2021, after dips in previous years. Property values remain affordable at $101,700 in 2022, far below Texas' average of $238,000. Rising real estate taxes, from $2,354.17 in 2012 to $5,900.00 in 2021, signal increasing property values or tax rates.... Read more
Hansford County Market Trends
The median home value in Hansford County, Texas has generally trailed behind state and national averages, with recent figures stabilizing at $101,700 in 2022. Compared to Texas' $238,000 and the national $179,400, this suggests Hansford might be a more affordable region for buyers or investors. Residential energy tax credits have seen volatility, with averages fluctuating between $200.00 and... Read more
Median Value of Occupied Housing Units in Hansford County, Texas Over the Last 8 Years
Over the past eight years, the median home value in Hansford County, Texas, has shown fluctuations but generally lagged behind Texas state and national averages. With a marked increase in 2020 to $111,300, the local market saw a brief dip before settling at $101,700 in 2022. By comparison, Texas' median home value rose significantly to $238,000 in 2022, while national figures soared to $179,400. This disparity might suggest Hansford County remains an affordable region for potential buyers or investors when benchmarked against broader trends.
Residential Energy Tax Credit Per Tax Return in Hansford County, TX Over the Last 4 Years
Hansford County, Texas has seen fluctuating trends in the average residential energy tax credits claimed per tax return over the past four years. Starting at $200.00 in 2013, the average credit increased to $300.00 in 2014 and further to approximately $333.33 in 2015, before dropping back to $200.00 in 2016. This variability may reflect changing incentives or adoption rates of energy-efficient technologies, making it a point of interest for investors and developers focused on sustainable housing. Real estate agents and potential homebuyers might find these trends indicative of evolving homeowner priorities concerning energy efficiency.
Average Real Estate Taxes Per Tax Return in Hansford County, TX Over the Last 10 Years
Hansford County, Texas has seen a noticeable increase in the average real estate taxes per tax return over the past decade. Starting from $2,354.17 in 2012, the taxes have generally trended upward, peaking at $5,900.00 in 2021. This uptick may indicate rising property values or increasing rates, making it crucial for potential investors and current property owners to consider these tax implications. For real estate agents and appraisers, acknowledging this trend can help in setting realistic expectations and pricing strategies.
Percentage of Farm Returns in Hansford County, TX Over the Last 10 Years
Farm tax returns in Hansford County, Texas show gradual fluctuations over the past decade, hovering between 9.47% and 10.73% of total tax returns annually. This suggests that agriculture maintains a significant yet somewhat stable role in the local economy. In the context of farm tax returns, it highlights the portion of tax filings coming from agricultural operations, indicating the economic health and focus of the sector. For those considering investment or property development, understanding this trend gives insight into the sustained agricultural productivity and potential growth areas within the county.
Number of Mortgages by Occupancy Type in Hansford County, TX Over the Last 5 Years in Hansford County
In Hansford County, Texas, there's a noticeable predominance of mortgages for principal residences over the last five years, significantly outpacing those for investment properties and second residences. Mortgages for principal residences escalated from 85 in 2019 to a peak of 139 in 2021, which may indicate growing confidence or demand for primary housing in the county. The infrequent mortgages for second residences and investment properties suggest that the area might be less attractive for those seeking vacation homes or rental investments. For real estate agents, appraisors, and investors, the heavy skew towards primary residences underscores a market more driven by local occupancy needs than by external investment or seasonal usage, potentially affecting property values, insurance considerations, and development focus.
Economic Outlook
Hansford County, Texas, has experienced fluctuations in average taxable income per tax return, with a notable dip in 2015 and 2016, falling to $60,407.66 and $50,471.05 respectively, but rebounding to $71,830.18 in 2021. The variability in average state and local income taxes, peaking at $4,550.00 in 2013 and dropping to $2,050.00 in 2017, may influence financial planning for potential investors and residents. Trends in total tax liability per tax return also show volatility, peaking around... Read more
Average Taxable Income per Tax Return in Hansford County, TX over the last 9 years
Over the past nine years, Hansford County, Texas, has seen fluctuations in average taxable income per tax return, with noticeable dips in 2015 and 2016, falling to $60,407.66 and $50,471.05 respectively. However, recent years indicate a rebound, with the average taxable income climbing to $71,830.18 in 2021. These trends suggest a potential recovery and growth in the county's economic health, which could be enticing for investors, appraisers, and real estate agents considering opportunities in Hansford County. Property developers and insurance agents may find the upward trend indicative of increasing property values and an improving local economy.
Average State and Local Income Taxes Per Tax Return in Hansford County, TX Over the Last 6 Years
Hansford County, Texas, has shown a fluctuating pattern in average state and local income taxes per tax return over the last six years. In 2013, there was a noticeable spike to $4,550.00, which contrasts sharply with the $2,050.00 average in 2017. This variability may influence financial planning and budgeting for potential investors and residents, as it suggests inconsistencies in tax obligations. Real estate agents and appraisers should be aware of these trends as they could impact property valuations and client investment strategies.
Average Total Tax Liability Per Tax Return in Hansford County, TX Over the Last 10 Years
Over the past decade, Hansford County, Texas has seen fluctuations in average total tax liability per tax return. While values peaked around $12,754.44 in 2013, they experienced a notable dip in 2017, dropping to $9,885.80. Since then, liabilities have gradually increased, reaching approximately $11,754.40 in 2021. This trend could suggest economic variations impacting individual tax burdens, possibly driven by changes in local or national economic conditions. Such data might interest investors, property developers, real estate agents, and those considering relocation, as it provides insight into economic resilience and fiscal responsibility within the county.
Cost of Living in Hansford County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,168 | $1,235 | $1,948 | $1,242 | $830 |
| 1 adult 4 children | $1,168 | $1,008 | $1,491 | $1,242 | $926 |
| 2 adults 3 children | $1,168 | $1,009 | $1,689 | $1,242 | $666 |
| 1 adult 3 children | $1,168 | $823 | $1,232 | $1,242 | $699 |
| 2 adults 2 children | $960 | $826 | $1,431 | $1,084 | $602 |
| 1 adult 2 children | $960 | $617 | $974 | $1,084 | $559 |
| 2 adults 1 child | $960 | $653 | $1,173 | $572 | $595 |
| 1 adult 1 child | $960 | $421 | $715 | $572 | $503 |
| 2 adults | $755 | $524 | $914 | $0 | $520 |
| 1 adult | $724 | $286 | $457 | $0 | $465 |
Safety trends & Data
Hansford County, Texas has had a low but varied incidence of property crime, with 2018 seeing the highest diversity in types including burglary, larceny-theft, motor vehicle theft, and fraud. Motor vehicle thefts have remained consistently low, and incidents of forgery and counterfeiting are rare and sporadic. This stable yet small-scale property crime environment could attract potential investors and residents seeking a relatively peaceful... Read more
Property Crime Trends in Hansford County, TX Over the Last 4 Years
In recent years, Hansford County, Texas has experienced a low but varied incidence of property crime. The figures show a notable fluctuation in certain categories, with motor vehicle thefts being relatively consistent, albeit low in number. Interestingly, 2018 saw the highest diversity of property crime types, with instances of burglary, larceny-theft, motor vehicle theft, and fraud. The county has also dealt with occasional forgery and counterfeiting, but such incidents appear sporadic. Such trends may suggest an overall stable but small-scale property crime scenario, which could be appealing for potential investors and residents looking for a relatively peaceful community.
Demographics
Hansford County, Texas, reflects a largely homogenous racial demographic, predominantly White with a minor representation from other races. The educational attainment landscape shows a relatively balanced spread, although a higher concentration of residents hold a high school diploma or higher. The age distribution indicates a diverse range of age groups, with a noticeable younger population under 10 years and a significant senior group aged 75 and older. Gender representation is almost even,... Read more
Race Distribution in Hansford County, Texas (2022)
Educational Attainment in Hansford County, Texas (2022)
Age Distribution in Hansford County, Texas
Citizen Population in Hansford County, Texas (2022)
Political Trends & Data
Hansford County, Texas, exhibits a largely conservative voter base, as evidenced by the 2020 U.S. Presidential Election where the Republican party purportedly secured around 90% of votes. Democratic support was notably lower, at approximately 8%, with negligible contributions from Libertarian and Green parties. This political lean could influence local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Hansford County, Texas, saw a strong preference for the Republican party in the 2020 U.S. Presidential Election, with about 90% of the votes potentially going their way. Democrats garnered a significantly lower share at roughly 8%, while Libertarian and Green party votes barely registered. This trend might indicate a predominantly conservative voter base in the area.
90.33% of voters voted for the Republican party in the 2020 Presidential Election
8.11% of voters voted for the Democrat party in the 2020 Presidential Election
1.32% of voters voted for the Livertarian party in the 2020 Presidential Election
0.15% of voters voted for the Green party in the 2020 Presidential Election
0.10% of voters voted for the Other party in the 2020 Presidential Election
School Data
Hansford County, Texas has experienced a declining student-to-teacher ratio over the past decade, dropping from 10 students per teacher in 2014 to around nine in 2023, significantly lower than the national average of 14 students per teacher. This trend might suggest a higher level of individual attention for students, improving educational outcomes and potentially increasing the county’s appeal to families prioritizing education. Real estate agents and investors could leverage this as a... Read more
Student-to-teacher ratio in Hansford County, Texas over the last 10 years
Hansford County, Texas has seen a steadily declining student-to-teacher ratio over the past decade, dropping from 10 students per teacher in 2014 to about nine in 2023. While the county's ratio has consistently been lower than the national average of fourteen students per teacher, this trend could indicate a higher level of individual attention for students, potentially improving educational outcomes. For investors and real estate agents, this lower ratio may be a selling point for families prioritizing education, while appraisers and insurance agents might see this as a factor influencing community appeal and property values. For those interested in or living in Hansford County, the favorable student-to-teacher ratio underscores a community potentially committed to quality education.
