Hartley County Real Estate and Livability Trends
In Hartley County, Texas, median home values surged from $147,300.00 in 2015 to $226,500.00 in 2022, outstripping state and national averages and suggesting a robust real estate market. Residential energy tax credits also climbed, hitting $350.00 in 2016, indicating a growing focus on energy-efficient home improvements. Average real estate taxes per tax return increased from $3,275.00 in 2012 to... Read more
Hartley County Market Trends
Hartley County, Texas has experienced remarkable growth in median home values, shooting up from $147,300 in 2015 to $226,500 in 2022, outpacing both state and national trends. Additionally, average residential energy tax credits increased from $166.67 in 2013 to $350.00 in 2016, hinting at a surge in energy-efficient home improvements. Average real estate taxes per tax return also saw a... Read more
Median Value of Occupied Housing Units in Hartley County, Texas Over the Last 8 Years
Hartley County, Texas has seen significant growth in median home values over the past eight years, starting at $147,300 in 2015 and reaching $226,500 in 2022. This growth outpaced both state and national trends, where Texas's median home values grew from $136,000 to $238,000, and national figures rose from $125,500 to $179,400 over the same period. This trend might indicate a stronger local market or specific regional factors contributing to increased property values, which could be compelling for investors and potential residents considering the area.
Residential Energy Tax Credit Per Tax Return in Hartley County, TX Over the Last 2 Years
Hartley County, Texas has seen a noticeable rise in the average residential energy tax credit per tax return over the last few years, increasing from $166.67 in 2013 to $350.00 in 2016. This trend may indicate a growing investment in energy-efficient home improvements, which could be an attractive point for potential property investors, real estate agents, and homeowners looking to increase property value. For insurance agents and appraisers, this could suggest a shift in the building standards and renovations occurring within the county.
Average Real Estate Taxes Per Tax Return in Hartley County, TX Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Hartley County, Texas have seen a noticeable upward trend. Starting at $3,275.00 in 2012, they climbed steadily to $7,212.50 by 2021. Significant jumps are evident between 2017 and 2018, and again from 2018 to 2019, suggesting that property values might be rising or tax rates increasing. For investors, property developers, real estate agents, and insurance agents, these trends suggest potential continuing increases in costs associated with property ownership in the area.
Percentage of Farm Returns in Hartley County, TX Over the Last 10 Years
Hartley County, Texas, has seen fluctuating percentages of farm tax returns over the past decade, peaking at around 11.73% in 2015 and dipping to approximately 7.60% in 2020. Farm tax returns, essential for agricultural business taxation, indicate economic stability and sustainability in the farming community. This variability in farm tax returns can provide valuable insight into the agricultural sector's health for potential investors, developers, and residents. With figures like 9.08% in 2021, there's evident promise, though trends suggest careful consideration.
Number of Mortgages by Occupancy Type in Hartley County, TX Over the Last 5 Years in Hartley County
In Hartley County, Texas, mortgage counts over the past five years show a notable dominance of principal residence purchases, with a high of 208 in 2021 and a substantial drop to 99 in 2022. Investment properties and second residences, meanwhile, have remained relatively low, rarely exceeding double figures. These trends suggest a strong preference for primary homeownership in the area, which could impact market stability and pricing dynamics. For investors and insurance agents, the relatively low volume of investment properties may reflect limited opportunities for rental income. Real estate agents and builders might notice a steadier demand for homes intended as primary residences rather than vacation homes or investment purposes. Such shifts can influence appraisals and overall real estate values in Hartley County.
Economic Outlook
Hartley County, Texas has seen notable fluctuations in average taxable income per tax return, peaking at $77,300.00 in 2021 and dipping to $52,846.03 in 2019. This suggests potential economic and employment shifts. Average state and local income taxes have also varied considerably, spiking to $22,866.67 in 2014 and then fluctuating dramatically. Additionally, the average total tax liability reached a high of $16,459.86 in 2014 but dropped to $10,296.15 by 2018, before increasing again to... Read more
Average Taxable Income per Tax Return in Hartley County, TX over the last 9 years
Hartley County, Texas has seen some substantial fluctuations in average taxable income per tax return over the past nine years. Peak income was recorded in 2021 at $77,300.00, while the lowest was in 2019 at $52,846.03, indicative of potential economic and employment shifts. Investors, real estate agents, and insurance agents might find these trends informative when assessing the region's financial health and opportunities. The upward shifts in income, particularly in 2014, 2015, and 2021, could hint at periods of economic improvement or influx of higher-earning residents, making it a noteworthy time span for those considering financial or business endeavors in Hartley County.
Average State and Local Income Taxes Per Tax Return in Hartley County, TX Over the Last 4 Years
Hartley County, Texas has seen significant fluctuations in average state and local income taxes per tax return over the past four years. In 2012, the average was roughly $7,600.00, spiking dramatically in 2014 to approximately $22,866.67. By 2015, this figure dropped again to about $4,200.00, before rising slightly in 2016 to $7,566.67. These variations could suggest a volatile economic landscape, making it a potentially unpredictable environment for investors, property developers, and real estate professionals. Caution and thorough analysis may be advisable for those considering financial commitments in the area.
Average Total Tax Liability Per Tax Return in Hartley County, TX Over the Last 10 Years
Over the past decade, Hartley County, Texas has seen fluctuations in the average total tax liability per tax return. The peak was in 2014 at around $16,459.86, followed by a notable decline, hitting a low of approximately $10,296.15 in 2018. Recently, there has been a moderate increase, reaching about $14,348.48 in 2021. These trends may suggest varying economic conditions, potential changes in property values, or adjustments in tax policies—all essential factors for investors, real estate agents, and property appraisers to consider.
Cost of Living in Hartley County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,466 | $1,255 | $1,948 | $1,242 | $948 |
1 adult 4 children | $1,466 | $1,025 | $1,491 | $1,242 | $1,074 |
2 adults 3 children | $1,466 | $1,025 | $1,689 | $1,242 | $777 |
1 adult 3 children | $1,466 | $837 | $1,232 | $1,242 | $864 |
2 adults 2 children | $1,095 | $839 | $1,431 | $1,084 | $657 |
1 adult 2 children | $1,095 | $627 | $974 | $1,084 | $623 |
2 adults 1 child | $1,095 | $663 | $1,173 | $572 | $645 |
1 adult 1 child | $1,095 | $428 | $715 | $572 | $544 |
2 adults | $872 | $533 | $914 | $0 | $558 |
1 adult | $826 | $291 | $457 | $0 | $472 |
Safety trends & Data
Hartley County, Texas has experienced varied property crime trends over the past four years, with consistently low burglary rates and fluctuating yet generally low motor vehicle theft incidents. Fraud incidents peaked in 2018 but have since not been reported. These trends might indicate a relatively stable environment, which could be appealing for investors, movers, and real estate market participants. Appraisers and insurance agents assessing risk might also find this data... Read more
Property Crime Trends in Hartley County, TX Over the Last 4 Years
Hartley County, Texas has seen relatively low but varied property crime trends over the past four years. Burglary numbers have remained consistently low with a slight increase in certain years, while motor vehicle theft appears to fluctuate but generally stays low. Fraud incidents peaked in 2018 but were not reported in subsequent years. For those considering investing, moving in, or involved in the real estate market, these trends suggest that while property crime exists, it’s generally infrequent, which could indicate a relatively stable environment. This information also matters for appraisers and insurance agents assessing risk in the area.
Demographics
Hartley County, Texas displays a top-heavy gender balance with a notably higher number of males compared to females. The educational profile reveals a solid presence of high school graduates, while college degree holders, including bachelor's and graduate degrees, make up a significant portion. Age distribution suggests a booming workforce aged 25 to 44 years, somewhat overshadowing the younger and older cohorts. Racially, the population is predominantly White, with African American and other... Read more
Race Distribution in Hartley County, Texas (2022)
Educational Attainment in Hartley County, Texas (2022)
Age Distribution in Hartley County, Texas
Citizen Population in Hartley County, Texas (2022)
Political Trends & Data
In Hartley County, Texas, the 2020 U.S. Presidential Election saw Republicans securing nearly 90% of the vote, while Democrats managed just under 10%. Minor parties, including Libertarian and Green, barely registered, capturing less than 1% each. This significant skew towards the Republican party might indicate deeply entrenched political ideologies and little scope for political diversity, possibly due to the county's demographic and cultural... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hartley County, Texas, the 2020 U.S. Presidential Election results showed a strong lean towards the Republican party, potentially due to the county's demographic and cultural factors. With nearly 90% of the vote, Republicans overshadowed Democrats, who garnered just under 10%. Minor parties like the Libertarian and Green parties barely made a showing, with less than 1% each. These trends could suggest deeply entrenched political ideologies and possibly a limited scope for political diversity in this region.
89.89% of voters voted for the Republican party in the 2020 Presidential Election
9.38% of voters voted for the Democrat party in the 2020 Presidential Election
0.67% of voters voted for the Livertarian party in the 2020 Presidential Election
0.05% of voters voted for the Green party in the 2020 Presidential Election
School Data
Hartley County, Texas, has seen its student-to-teacher ratio hover around 12 over the past decade, with a notable jump to 13 this past year. This gradual rise, while still below the national average of 14, could signal increasing class sizes and potential shifts in individualized attention for students. For families or investors, these numbers might hint at broader demographic changes and community resource allocation trends that could impact real estate market... Read more
Student-to-teacher ratio in Hartley County, Texas over the last 10 years
Hartley County, Texas, has seen its student-to-teacher ratio generally hover around 12 over the past decade, with a notable increase to 13 this past year. While still below the national average of 14, this gradual rise could imply increasing class sizes, potentially affecting individualized attention in classrooms. For families considering moving or investors gauging community growth, these numbers might suggest subtle shifts in the local educational environment. Real estate agents and insurance agents may find this data useful as it can hint at broader demographic trends and community resource allocation changes.