Harrison County Real Estate and Livability Trends
In Harrison County, Texas, median home values have risen from $112,700 in 2015 to $164,400 in 2022, showing growth yet remaining more affordable compared to Texas' median of $238,000 and the U.S. median of $179,400. Residential energy tax credits surged to $2172.29 per return in 2021, hinting at a growing interest in energy-efficient homes. Real estate taxes also saw a significant rise,... Read more
Harrison County Market Trends
Harrison County, Texas, has seen its median home values steadily climb from $112,700 in 2015 to $164,400 in 2022. This growth, while impressive, falls short of both Texas' median at $238,000 and the national median of $179,400, indicating that the county remains a relatively affordable option. Additionally, residential energy tax credits have significantly increased, reaching $2172.29 per return... Read more
Median Value of Occupied Housing Units in Harrison County, Texas Over the Last 8 Years
Harrison County, Texas has experienced a steady climb in median home values over the past eight years, growing from $112,700 in 2015 to $164,400 in 2022. While this is impressive, when compared to the state of Texas and the national median, Harrison County's home values have consistently trailed behind. In 2022, Texas saw a median home value of $238,000, and the national median hit $179,400. This trend could indicate that Harrison County remains a more affordable option within Texas, appealing to buyers seeking value in a rising market.
Residential Energy Tax Credit Per Tax Return in Harrison County, TX Over the Last 9 Years
Harrison County, Texas has seen a notable upward trend in average residential energy tax credits per tax return over the past nine years, starting at $490.00 in 2013 and reaching $2172.29 in 2021. Significant jumps in particular years, such as 2017 and 2018, suggest increased investment in energy-efficient home upgrades. This trend could appeal to investors, builders, and real estate agents, as it signals a community incline towards sustainability, potentially enhancing property values and reducing energy consumption costs for homeowners. Appraisers and insurance agents might also note the correlation between energy efficiency improvements and property assessments or risk mitigation.
Average Real Estate Taxes Per Tax Return in Harrison County, TX Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Harrison County, Texas have seen a notable upward trend. Starting from approximately $2,873.83 in 2012, there has been consistent growth each year, peaking at roughly $5,277.97 in 2021. This rising pattern, particularly the substantial increase seen post-2017, signals changes in property valuations and possibly tax policies, offering critical insights for investors, real estate agents, and appraisers. The annual increases may affect decisions related to home purchases, insurance premiums, and property development, reflecting a county with an evolving financial landscape.
Percentage of Farm Returns in Harrison County, TX Over the Last 10 Years
Harrison County, Texas, has experienced a slight upward trend in the percentage of farm tax returns over the last decade, peaking in 2018 at approximately 5.74%. This data suggests that farming continues to play a role, albeit small, in the local economy. For potential investors, those considering relocation, or anyone interested in the agricultural landscape of the county, understanding these trends can be critical. Farm tax returns, which are financial reports submitted by agricultural businesses and farm owners for tax purposes, offer insights into the health and viability of local farming activities.
Number of Mortgages by Occupancy Type in Harrison County, TX Over the Last 5 Years in Harrison County
Harrison County, Texas has seen a notable trend in the mortgage market over the past five years, with principal residences consistently making up the majority of new mortgages. Investment properties have gradually increased, while second residences remain quite low in numbers. The surge in investment property mortgages could suggest a growing interest in rental markets or shifting economic conditions encouraging property investment. This changing landscape might impact property values, insurance rates, and real estate strategies, making it essential data for investors, insurers, and prospective homebuyers.
Economic Outlook
In Harrison County, Texas, the average taxable income per tax return has been steadily increasing, moving from $51,109.43 in 2013 to $64,347.54 in 2021. These figures imply some consistent economic growth. Meanwhile, state and local income taxes saw a dip in 2015-2016 but surged to $8,923.81 in 2021, hinting at shifting tax policies impacting financial landscapes. Total tax liability also varied, peaking at $10,093.10 in 2021, suggesting changing economic or policy factors. Such data points can... Read more
Average Taxable Income per Tax Return in Harrison County, TX over the last 9 years
The average taxable income per tax return in Harrison County, Texas, has shown a gradual increase over the past nine years. Starting at $51,109.43 in 2013 and peaking at $64,347.54 in 2021, this pattern suggests a positive economic trend. Notable jumps, such as between 2017 and 2018 with an increase from $54,313.27 to $60,750.14, and 2020 to 2021, further emphasize the potential for stable or growing income levels in the area. These metrics likely interest investors, real estate agents, and others considering opportunities in the county, signaling an area with a relatively healthy economic climate.
Average State and Local Income Taxes Per Tax Return in Harrison County, TX Over the Last 10 Years
Harrison County, Texas has seen notable fluctuations in state and local income taxes per tax return over the past decade. A significant dip occurred between 2015 and 2016, where values dropped to around $3,922.39 and $3,607.46 respectively. However, a sharp increase began in 2018, peaking at $8,923.81 in 2021. This upward trend could suggest changing economic conditions or tax policies, which may impact investment decisions, property valuations, and living costs in the area. Real estate agents, appraisers, and potential investors might find these changes indicative of an evolving fiscal landscape in Harrison County.
Average Total Tax Liability Per Tax Return in Harrison County, TX Over the Last 10 Years
Harrison County, Texas has experienced fluctuations in its average total tax liability per tax return over the past decade, with values ranging from $8,358.38 in 2016 to peak amounts like $10,093.10 in 2021. Notably, 2018 and 2021 saw significant spikes, indicating possible policy changes or economic factors impacting taxpayers more heavily in these years. Such trends might suggest varying economic health and possibly shifting tax environments, which could be relevant for potential investors, property developers, and real estate agents considering this location for future opportunities.
Cost of Living in Harrison County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,217 | $1,311 | $1,710 | $1,252 | $790 |
1 adult 4 children | $1,217 | $1,071 | $1,306 | $1,252 | $882 |
2 adults 3 children | $1,217 | $1,071 | $1,485 | $1,252 | $632 |
1 adult 3 children | $1,217 | $874 | $1,081 | $1,252 | $663 |
2 adults 2 children | $1,000 | $877 | $1,259 | $1,088 | $575 |
1 adult 2 children | $1,000 | $655 | $855 | $1,088 | $531 |
2 adults 1 child | $1,000 | $693 | $1,034 | $557 | $569 |
1 adult 1 child | $1,000 | $448 | $630 | $557 | $482 |
2 adults | $760 | $557 | $808 | $0 | $494 |
1 adult | $738 | $304 | $404 | $0 | $447 |
Safety trends & Data
Harrison County, Texas, has shown fluctuating property crime trends over the past five years. Notably, burglary rates have risen from 33 in 2018 to 60 in 2022, while larceny-theft incidents dropped from 164 to 87 in the same period. This mixed pattern, including variable fraud and vandalism rates, might influence property values and insurance premiums. Such volatility in crime rates suggests that continuous monitoring is essential for real estate investors, insurance agents, and... Read more
Property Crime Trends in Harrison County, TX Over the Last 5 Years
Harrison County, Texas, has witnessed varying trends in property crime over the last five years, with noticeable fluctuations in certain categories. Burglary rates have been inconsistent, showing a general increase from 33 in 2018 to 60 in 2022. Larceny-theft incidents started high at 164 in 2018 but have decreased to 87 in 2022, indicating a potential reduction in minor property crimes. Fraud and vandalism rates also varied, hinting at an unpredictable pattern that could impact both residential and commercial property values and insurance premiums. For real estate investors, insurance agents, and residents, these trends suggest a dynamic crime environment requiring ongoing monitoring and risk assessment.
Demographics
Harrison County, Texas, exhibits a nearly balanced gender distribution with a slight female majority among adults. Educational attainment reveals a significant portion holding high school diplomas, but only a modest number pursue higher degrees. The age distribution is somewhat diverse, but skews towards older adults, highlighting a growing senior community. Racially, the county is predominantly White, with African Americans comprising the largest minority group and other races much less... Read more
Race Distribution in Harrison County, Texas (2022)
Educational Attainment in Harrison County, Texas (2022)
Age Distribution in Harrison County, Texas
Citizen Population in Harrison County, Texas (2022)
Political Trends & Data
In Harrison County, Texas, the 2020 U.S. Presidential Election results reveal a strong conservative bent with 72.2% of votes favoring the Republican Party, while the Democratic Party secured just 26.6%. This conservative majority could impact local and state elections, as well as attitudes towards policies and developments within the county, shaping the region's political landscape for years to... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Harrison County, Texas, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican Party, with approximately 72.2% of votes cast in their favor. The Democratic Party garnered about 26.6% of the vote, significantly trailing behind. Minor parties like the Libertarian and Green parties captured marginal support at roughly 1% and less, respectively. These figures might indicate a predominantly conservative voter base in this county, potentially influencing local and state elections as well.
72.23% of voters voted for the Republican party in the 2020 Presidential Election
26.61% of voters voted for the Democrat party in the 2020 Presidential Election
0.99% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Green party in the 2020 Presidential Election
0.02% of voters voted for the Other party in the 2020 Presidential Election
School Data
Harrison County, Texas, has experienced a stable student-to-teacher ratio that's generally below the national average of 14 students per teacher, peaking close to 14 in 2018 but declining to just under 13 in 2023. This could make the county more appealing for families with school-aged children, as lower ratios may signal more personalized attention in classrooms. Consequently, this trend might influence the desirability and valuation of family-friendly neighborhoods, drawing interest from... Read more
Student-to-teacher ratio in Harrison County, Texas over the last 10 years
Harrison County, Texas has seen its student-to-teacher ratio fluctuate mildly over the past decade, generally remaining below the national average of 14 students per teacher. Starting at nearly 13 in 2014 and peaking close to 14 in 2018, the ratio has recently declined to just under 13 in 2023. Investors, real estate agents, and families might find this appealing, as lower ratios can be indicative of more personalized attention in classrooms, potentially making the area more attractive for families with school-aged children. For insurance agents and appraisers, this trend might influence the desirability and valuation of family-friendly neighborhoods in the county.