Hays County Real Estate and Livability Trends
Hays County, Texas is witnessing a sharp rise in median home values, now at $335,700, outpacing both state and national averages, signaling a potentially lucrative market for real estate investors. Income and tax trends indicate economic robustness, with average taxable income per tax return hitting $98,259.67 in 2021 and average total tax liability reaching $18,452.14. Additionally, a... Read more
Hays County Market Trends
Hays County, Texas is witnessing an impressive surge in median home values, reaching $335,700 in 2022, outpacing both Texas and national averages. This signals a real estate market ripe for investors and newcomers aiming for higher property value appreciation. Significant fluctuations in residential energy tax credits, soaring from $633.88 in 2013 to $4,541.86 in 2018, highlight growing... Read more
Median Value of Occupied Housing Units in Hays County, Texas Over the Last 8 Years
Hays County, Texas has seen a robust increase in median home values over the last eight years, reaching $335,700 in 2022. This rate of growth significantly outpaces the state and national medians, which were $238,000 and $179,400 respectively in 2022. This surge signals a burgeoning real estate market, potentially making Hays County a compelling option for investors and newcomers seeking higher property value appreciation.
Residential Energy Tax Credit Per Tax Return in Hays County, TX Over the Last 9 Years
Hays County, Texas has seen significant fluctuations in residential energy tax credits per tax return over the past nine years, with a notable increase from $633.88 in 2013 to an impressive $4,541.86 in 2018. This trend indicates a growing interest and investment in energy-efficient home improvements, possibly driven by rising energy costs and environmental awareness. The general upward trajectory suggests lucrative opportunities for real estate investors and property developers interested in sustainable building technologies. Homeowners and buyers may find the incentives compelling, making the area attractive for those looking to reduce their carbon footprint. Real estate agents and insurance professionals should consider these credits as key selling points or factors in their assessments.
Average Real Estate Taxes Per Tax Return in Hays County, TX Over the Last 10 Years
Real estate taxes in Hays County, Texas have seen a notable increase over the past decade. From 2012 to 2021, the average amount per tax return rose from $5,281.34 to $10,107.30. This upward trend could be indicative of rising property values or increased tax rates, offering critical insights for investors, appraisers, and those considering relocating or developing property in the area.
Percentage of Farm Returns in Hays County, TX Over the Last 10 Years
Over the past decade, Hays County, Texas has experienced a steady decline in the percentage of farm tax returns. Starting at approximately 1.53% in 2012, it has gradually decreased each year, reaching about 0.89% by 2021. Farm tax returns, which are tax filings from agricultural operations, often indicate the level of farming activity and economic contribution from agriculture in the area. This downward trend might suggest fewer active farms or decreasing revenue from agricultural sources, which could be a consideration for potential investors, property builders, and new residents who are looking at the local economic landscape.
Number of Mortgages by Occupancy Type in Hays County, TX Over the Last 5 Years in Hays County
Hays County, Texas, has experienced a notable trend in mortgage counts over the past five years, particularly in the principal residence category, which consistently outstripped investment and second residences. The latter saw a relatively smaller, albeit steady, presence. Changes in occupancy type could signal shifting priorities in local housing needs and opportunities. For potential investors, a rise in investment property mortgages might suggest a lucrative rental market. Conversely, a dominance of principal residences indicates strong community growth and long-term stability, compelling for real estate agents and homebuyers alike. Additionally, appraisers and insurance agents can glean insight into market risks and neighborhood dynamics, while builders might find this data critical for future project planning.
Economic Outlook
Hays County, Texas has seen a notable uptick in average taxable income per tax return, reaching $98,259.67 in 2021. State and local income taxes have fluctuated but generally trended upward, hitting approximately $20,686.42 in 2021. Additionally, average total tax liability per tax return has risen to about $18,452.14 in the same year. These financial trends hint at an economically robust area, likely influenced by rising property values and incomes. Poverty rates have varied but reached a low... Read more
Average Taxable Income per Tax Return in Hays County, TX over the last 9 years
Over the past nine years, Hays County, Texas has seen a notable increase in average taxable income per tax return, reaching $98,259.67 in 2021. This upward trend may hint at a growing affluence and economic development within the county. For real estate agents and investors, the rising income levels could indicate a buoyant property market, while appraisers and insurance agents might find this data useful for adjusting valuations and premiums accordingly. This pattern suggests that those moving to or investing in Hays County may benefit from a robust economic environment.
Average State and Local Income Taxes Per Tax Return in Hays County, TX Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Hays County, Texas, have seen significant fluctuations and a noticeable upward trend, rising from approximately $8,452.87 in 2012 to around $20,686.42 in 2021. This trend suggests an increasing tax burden for residents and could imply growing government funding needs or rising incomes in the area. For those considering investing, moving, or evaluating properties in Hays County, understanding these tax dynamics is crucial as it impacts cost of living and financial planning. This data is particularly relevant for real estate agents, appraisers, and insurance agents as it may influence property values and associated risks.
Average Total Tax Liability Per Tax Return in Hays County, TX Over the Last 10 Years
Hays County, Texas has seen a notable upward trend in average total tax liability per tax return over the last decade. From an approximate low of $10,601.73 in 2012, the average liability has progressively risen to a high of about $18,452.14 in 2021. Such consistent increases could suggest a strengthening of the local economy, possibly driven by rising property values and income levels. This trend might be of particular interest to real estate agents, investors, and new residents as it points to potential for appreciation and a growing tax base, signaling strong economic health but also implicating higher individual tax responsibilities.
Cost of Living in Hays County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,854 | $1,399 | $1,757 | $1,764 | $1,263 |
| 1 adult 4 children | $1,854 | $1,143 | $1,342 | $1,764 | $1,437 |
| 2 adults 3 children | $1,854 | $1,143 | $1,525 | $1,764 | $1,060 |
| 1 adult 3 children | $1,854 | $933 | $1,110 | $1,764 | $1,232 |
| 2 adults 2 children | $1,444 | $936 | $1,293 | $1,535 | $863 |
| 1 adult 2 children | $1,444 | $699 | $878 | $1,535 | $893 |
| 2 adults 1 child | $1,444 | $740 | $1,061 | $789 | $773 |
| 1 adult 1 child | $1,444 | $478 | $646 | $789 | $697 |
| 2 adults | $1,230 | $594 | $829 | $0 | $647 |
| 1 adult | $1,112 | $324 | $415 | $0 | $554 |
Safety trends & Data
Hays County, Texas, has experienced notable shifts in property crime trends over the past five years. Larceny-theft, while previously peaking at 724 incidents in 2019, dropped to around 450 cases annually in 2021 and 2022. Burglary incidents have decreased significantly, from 90 in 2019 to an average of 55 in recent years. However, vandalism and fraud cases have shown troubling increases, with vandalism spiking to 105 incidents in 2021, and fraud cases reaching 76 in 2022. These patterns... Read more
Property Crime Trends in Hays County, TX Over the Last 5 Years
Hays County, Texas has seen some fluctuations in property crimes over the past five years. Larceny-theft remains the most prevalent, peaking at 724 incidents in 2019 and then seeing a significant drop to around 450 cases annually in 2021 and 2022. Categories like burglary and motor vehicle theft have varied, with burglary showing a notable reduction from 90 in 2019 to an average of 55 in later years. Vandalism incidents have seen spikes, particularly 105 in 2021. Fraud cases show a worrying increase in 2022, reaching 76 incidents, which could be concerning for potential investors or residents. These trends suggest that while some property crimes are decreasing, others like fraud and vandalism are becoming more problematic.
Demographics
Hays County, Texas has a relatively balanced gender distribution with a slight female majority. Educational attainment varies widely, with a notable percentage holding a bachelor's degree or higher, suggesting a well-educated population. Age distribution is fairly spread out, though there's a concentration of residents in the 25 to 44-year range, hinting at a working-age population which could impact local economic dynamics. The racial composition is predominantly White, but there's a notable... Read more
Race Distribution in Hays County, Texas (2022)
Educational Attainment in Hays County, Texas (2022)
Age Distribution in Hays County, Texas
Citizen Population in Hays County, Texas (2022)
Political Trends & Data
Hays County, Texas, has shown a notable Democratic lean, with about 54.4% of the vote in the 2020 Presidential Election, compared to roughly 43.6% for Republicans. This emerging trend might indicate a shift in political dynamics, suggesting potential implications for local policies and economic factors that could influence the real estate market. Keep an eye on how these political shifts might affect zoning laws, property taxes, and community planning, as they could indirectly shape real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Hays County, Texas, has seen a notable lean towards the Democratic Party, capturing around 54.4% of the vote in the 2020 U.S. Presidential Election. Republicans followed with nearly 43.6%, indicating a competitive but Democrat-favoring environment. Smaller factions like the Libertarian and Green parties garnered minimal support, claiming approximately 1.6% and 0.4%, respectively. This shift could suggest changing political dynamics and potential future electoral implications in the region.
43.59% of voters voted for the Republican party in the 2020 Presidential Election
54.41% of voters voted for the Democrat party in the 2020 Presidential Election
1.59% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Hays County, Texas, the student-to-teacher ratio has mostly aligned with the national average of 14 students per teacher over the past decade, with minor fluctuations between 13.78 and 14.73. Notably, in 2020, the ratio slightly increased to 14.73, possibly reflecting broader educational trends. For real estate investors, these ratios are crucial indicators as they can affect school funding, community appeal, and property values. Lower ratios often imply more personalized education, making... Read more
Student-to-teacher ratio in Hays County, Texas over the last 10 years
Over the past decade, the student-to-teacher ratio in Hays County, Texas, has generally hovered around the national average of 14 students per teacher. Most years closely track this figure, with minor fluctuations between 13.78 and 14.73. Notably, 2020 saw a slight uptick to 14.73, likely reflecting broader educational trends and challenges. For potential real estate investors, understanding these ratios is crucial, as they can impact school funding, community attractiveness, and ultimately property values. Lower ratios often suggest more personalized attention for students, which can be a significant draw for families moving to the area. For appraisers and insurance agents, these ratios can indicate growth trends and potential stress on local resources, influencing risk assessments and premium calculations.
