Hardin County Real Estate and Livability Trends
Hardin County, Texas, has witnessed notable shifts in its real estate market, highlighted by an increase in median home values from $101,000 in 2015 to $175,800 in 2022. This could suggest untapped potential in the county's relatively affordable housing market. Real estate taxes have doubled between 2012 and 2021, which might indicate rising property valuations and escalating demand.... Read more
Hardin County Market Trends
Hardin County, Texas has recently seen median home values rise from $101,000 in 2015 to $175,800 in 2022, still below Texas’s average but closely aligned with the national trend, indicating potential investment opportunities in its affordable housing market. The residential energy tax credit per tax return has shown dramatic increases, peaking at $2,016.67 in 2018, indicating that more... Read more
Median Value of Occupied Housing Units in Hardin County, Texas Over the Last 8 Years
Hardin County, Texas has experienced significant growth in median home values over the past 8 years, with a jump from $101,000 in 2015 to $175,800 in 2022. Despite this increase, Hardin County's home values still trail behind the statewide average in Texas, which saw values rise from $136,000 to $238,000 in the same period. Nationally, home values moved from $125,500 to $179,400, positioning Hardin County’s figures closer to the national average but still lower than the Texas average. This could suggest potential investment opportunities in Hardin County, offering relatively affordable housing compared to the state average while still reflecting a positive growth trend similar to national patterns.
Residential Energy Tax Credit Per Tax Return in Hardin County, TX Over the Last 9 Years
In Hardin County, Texas, the residential energy tax credit per tax return has exhibited notable fluctuations over the past nine years. Starting at $292.86 in 2013, there was a gradual increase until a significant jump in 2016 to $554.29 and a peak in 2018 at $2,016.67. This trend suggests that homeowners are increasingly investing in energy-efficient improvements, possibly driven by rising energy costs or greater environmental awareness. For investors, real estate agents, and appraisers, this uptick indicates a growing market for homes with renewable energy features, potentially affecting property values and insurance considerations.
Average Real Estate Taxes Per Tax Return in Hardin County, TX Over the Last 10 Years
Hardin County, Texas has seen a clear upward trend in average real estate taxes per tax return over the past decade. Starting at approximately $3,126.14 in 2012, taxes have steadily increased, reaching $6,059.46 by 2021. This rise may indicate a growing demand for real estate or improved valuation of properties in the area, which could be crucial for investors and potential new residents to consider. This trend can impact those in property development, real estate, and insurance sectors as it reflects on the local economic dynamics and cost of living.
Percentage of Farm Returns in Hardin County, TX Over the Last 10 Years
The past decade has seen fluctuations in the percentage of farm tax returns filed in Hardin County, Texas, with rates ranging from approximately 2.96% to 3.32%. Peaks were noted in 2013 and 2017, but overall, the percentages have remained relatively stable with slight dips, highlighting potential cyclical agriculture investments. Farm tax returns, indicating the number of farms that are filing for tax purposes, can offer insights into the health of the farming sector and might be a key indicator for investors and property developers who are interested in rural development trends and economic growth in the region. Hardin County's steady figures could suggest a resilient agricultural community, which could appeal to those looking to invest in land or build in an agriculturally supportive environment.
Number of Mortgages by Occupancy Type in Hardin County, TX Over the Last 5 Years in Hardin County
In Hardin County, Texas, principal residences account for the majority of mortgages, with consistent growth from 2018 to 2021 and a slight decrease in 2022. Investment properties have also seen a gradual increase, particularly noticeable in 2021 and 2022. The number of second residences remains relatively low and stable. These trends in occupancy type could be crucial for investors and real estate agents as they indicate a strong preference for primary homes, suggesting a stable, residential-driven market. For insurance agents and appraisers, understanding the rise in investment properties may warrant closer attention to valuation and risk assessment strategies. Builders might find the steady demand for principal residences encouraging for new housing projects focused on long-term living.
Economic Outlook
Over the past decade, Hardin County, Texas, has shown a largely upward trend in average taxable income per tax return, rising from $59,965.33 in 2013 to a peak of $75,416.73 in 2021. Concurrently, average state and local income taxes have climbed from around $4,033.33 in 2012 to $6,454.55 in 2021, with a sharp increase from 2017 to 2019. Total tax liability per tax return has also increased, peaking at $11,520.78 in 2021. For investors and real estate professionals, these trends might indicate... Read more
Average Taxable Income per Tax Return in Hardin County, TX over the last 9 years
Over the past nine years, Hardin County, Texas, has experienced a generally upward trend in average taxable income per tax return. Starting from $59,965.33 in 2013, it peaked at $75,416.73 in 2021. This steady increase, with slight dips in some years like 2016 and 2020, suggests potential economic growth and possibly rising prosperity among residents. Such trends can be particularly relevant for investors, real estate agents, and appraisers, as they might signal a robust economic environment conducive to investment, development, and stable property values.
Average State and Local Income Taxes Per Tax Return in Hardin County, TX Over the Last 10 Years
Over the past decade, Hardin County, Texas has seen a notable rise in average state and local income taxes per tax return, increasing from approximately $4,033.33 in 2012 to about $6,454.55 in 2021. This upward trend, with a particularly sharp climb from 2017 to 2019 peaking at around $8,166.67, might reflect broader economic trends or potential changes in local tax policies. For investors, real estate agents, and those looking to move to Hardin County, this data could suggest a growing economic base but might also indicate a more considerable tax burden. Appraisers and insurance agents might view these trends as signals for adjusting financial assessments or policy considerations.
Average Total Tax Liability Per Tax Return in Hardin County, TX Over the Last 10 Years
Hardin County, Texas, has seen fluctuations in the average total tax liability per tax return over the last decade. Starting at $9,471.77 in 2012, the liability generally increased, peaking at $11,520.78 in 2021. This trend might reflect changes in local income levels, tax policies, or economic factors impacting residents. For potential investors, homeowners, and professionals involved in real estate and insurance, these figures could indicate varying fiscal strengths and economic health within the area, influencing property values and investment returns.
Cost of Living in Hardin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,271 | $1,279 | $1,804 | $1,315 | $860 |
| 1 adult 4 children | $1,271 | $1,044 | $1,378 | $1,315 | $970 |
| 2 adults 3 children | $1,271 | $1,045 | $1,566 | $1,315 | $697 |
| 1 adult 3 children | $1,271 | $853 | $1,140 | $1,315 | $770 |
| 2 adults 2 children | $972 | $855 | $1,327 | $1,144 | $615 |
| 1 adult 2 children | $972 | $639 | $902 | $1,144 | $559 |
| 2 adults 1 child | $972 | $676 | $1,089 | $588 | $586 |
| 1 adult 1 child | $972 | $437 | $664 | $588 | $495 |
| 2 adults | $804 | $543 | $851 | $0 | $519 |
| 1 adult | $750 | $296 | $425 | $0 | $457 |
Safety trends & Data
Hardin County, Texas has seen significant fluctuations in property crime over the last five years, with burglaries peaking at 102 cases in 2021 before dropping again in 2022. Larceny-theft saw its lowest point with 56 cases in 2021 but sharply increased to 131 by 2022. Though fraud and forgery have seen slight rises, motor vehicle theft has remained relatively stable. These crime trends can help investors, property developers, and local businesses gauge risk, while real estate agents and... Read more
Property Crime Trends in Hardin County, TX Over the Last 5 Years
Over the last five years, Hardin County, Texas has seen notable fluctuations in property crime. Burglary and larceny-theft appear as the most common offenses, spiking markedly in 2021 when burglaries hit 102 cases and then dropping again in 2022. Larceny saw its lowest in 2021 with 56 cases before jumping to 131 in 2022. Fraud and forgery have generally remained stable, though with slight increases. Motor vehicle theft has surprisingly remained fairly steady with minor yearly variations. These shifts can provide useful insights for potential investors, property developers, and local businesses to assess risk, and for real estate agents and insurance providers to evaluate the security landscape in the county.
Demographics
The demographic trends in Hardin County, Texas, show a slight female majority in the adult population. Educational attainment reveals a significant portion of residents with high school equivalency and some with higher degrees. The age distribution highlights a fairly young population with notable groups in the under-10 and 25-34 year ranges. Racially, the county is predominantly White, with smaller representation from other racial... Read more
Race Distribution in Hardin County, Texas (2022)
Educational Attainment in Hardin County, Texas (2022)
Age Distribution in Hardin County, Texas
Citizen Population in Hardin County, Texas (2022)
Political Trends & Data
In Hardin County, Texas, real estate trends may be subtly influenced by the region's strong conservative leaning, evidenced by overwhelming Republican support in the 2020 U.S. Presidential Election. This political climate could affect public policy and community development strategies, potentially making the area more appealing to buyers and investors favoring conservative values. However, limited liberal influence and minimal support for minor parties might imply a less diverse political and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hardin County, Texas, Republican support appeared overwhelmingly dominant in the 2020 U.S. Presidential Election, potentially reflecting a strong conservative leaning within the region. Democratic votes seemed relatively minimal, suggesting limited liberal influence. Minor parties like the Libertarian and Green parties captured a scarcely noticeable portion of the electorate, indicating their peripheral role in local political dynamics.
86.33% of voters voted for the Republican party in the 2020 Presidential Election
12.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.00% 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
School Data
Hardin County, Texas has seen a gradual decline in the student-to-teacher ratio over the past decade, dipping from 14.47 in 2015 to 13.53 in 2023. This trend could hint at smaller class sizes and a more personalized education experience compared to the national average of 14 students per teacher. Investors and potential residents might find the area more attractive due to these educational benefits. This data could also serve as a selling point for real estate agents and developers focused on... Read more
Student-to-teacher ratio in Hardin County, Texas over the last 10 years
Hardin County, Texas has shown a gradual decline in the student-to-teacher ratio over the past decade, with a notable dip from 14.47 in 2015 to 13.53 in 2023. This suggests a possible trend towards smaller class sizes compared to the national average of 14 students per teacher. For those looking to invest in or move to the area, this could mean a more personalized education experience. Appraisers and insurance agents might find these values indicative of a potentially more attractive market for families prioritizing education. Real estate agents could leverage this data to highlight the benefits of local schools, while developers could consider the appeal of creating family-friendly communities.
