Hemphill County Real Estate and Livability Trends

Hemphill County, Texas, has seen notable variability in its average taxable income, peaking at $117,960.73 in 2014 and later adjusting to $82,670.39 in 2021. Real estate taxes have nearly doubled over the decade, reaching $6,850.00 in 2021, while median home values have risen significantly from $123,400 in 2015 to $200,600 in 2022. The student-to-teacher ratio has improved, dropping to around ten... Read more

Economic Outlook

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In Hemphill County, Texas, average taxable income has seen significant variability, peaking at $117,960.73 in 2014 before dropping to $66,306.67 by 2016 and then rising to $82,670.39 in 2021. State and local income taxes have notably decreased from $10,800.00 in 2012 to $3,000.00 by 2017, which may reflect economic or legislative shifts. Additionally, average total tax liability experienced sharp contrasts, peaking at $32,928.67 in 2014 and dipping to $13,594.74 in 2020 before a slight rebound... Read more

Average Taxable Income per Tax Return in Hemphill County, TX over the last 9 years

Hemphill County, Texas has seen considerable fluctuations in average taxable income per tax return over the past nine years. Income peaked in 2014 at $117,960.73, then saw a significant drop by 2016 to $66,306.67. More recent figures indicate an upward trend, with the average taxable income reaching $82,670.39 in 2021. This variability can be a critical consideration for investors, real estate agents, and potential residents assessing economic stability and opportunities in the area.

Cost of Living in Hemphill County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,296 $1,375 $1,948 $1,242 $949
1 adult
4 children
$1,296 $1,123 $1,491 $1,242 $1,069
2 adults
3 children
$1,296 $1,124 $1,689 $1,242 $771
1 adult
3 children
$1,296 $917 $1,232 $1,242 $853
2 adults
2 children
$1,065 $920 $1,431 $1,084 $688
1 adult
2 children
$1,065 $687 $974 $1,084 $663
2 adults
1 child
$1,065 $727 $1,173 $572 $673
1 adult
1 child
$1,065 $470 $715 $572 $571
2 adults
$809 $584 $914 $0 $576
1 adult
$803 $319 $457 $0 $500

Demographics

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Hemphill County, Texas, shows a slightly higher male population compared to the female population, which might indicate specific sociocultural dynamics influencing gender ratios. Educational attainment trends suggest a significant portion of residents have completed high school or some college, yet fewer have advanced degrees, potentially impacting local professional opportunities and economic growth. The age distribution highlights a balanced mix across different age groups, but the noticeable... Read more

Race Distribution in Hemphill County, Texas (2022)

Educational Attainment in Hemphill County, Texas (2022)

Age Distribution in Hemphill County, Texas

Citizen Population in Hemphill County, Texas (2022)

Political Trends & Data

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Hemphill County in Texas shows a strong Republican preference, with about 86% of votes cast for the GOP in the 2020 Presidential Election. Democrats garnered roughly 12%, while third-party candidates had minimal influence, capturing just over 1.5% combined. This heavy leaning toward Republican candidates indicates that the county's political landscape is firmly entrenched, which could impact local policies and, consequently, real estate market... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

Hemphill County in Texas may lean heavily Republican, with nearly 86% of the votes going to the GOP in the 2020 Presidential Election. Democrats appear to have secured around 12%, while Libertarians and Green Party candidates combined for just over 1.5%. This suggests that third-party options have minimal impact in this strong Republican bastion.

86.40% of voters voted for the Republican party in the 2020 Presidential Election

11.98% of voters voted for the Democrat party in the 2020 Presidential Election

1.45% of voters voted for the Livertarian party in the 2020 Presidential Election

0.17% of voters voted for the Green party in the 2020 Presidential Election

School Data

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In Hemphill County, Texas, the student-to-teacher ratio has steadily decreased from approximately twelve students per teacher in 2014 to around ten in 2023, consistently staying below the national average of 14. This trend could enhance the appeal for families seeking more personalized educational attention, potentially driving real estate interest. Real estate agents and education-focused investors could view this as a strong selling point, as smaller class sizes often correlate with higher... Read more

Student-to-teacher ratio in Hemphill County, Texas over the last 10 years

Over the last decade, Hemphill County, Texas has consistently maintained a student-to-teacher ratio below the national average of 14. Ratios have steadily decreased from around twelve students per teacher in 2014 to approximately ten in 2023. This lower ratio indicates smaller class sizes, which could appeal to families considering relocation, potentially offering more personalized attention for students. Real estate agents and education-focused investors might view this trend as an attractive selling point. Lower ratios are also relevant for appraisers and insurance agents as they might correlate with higher property values and lower risk, adding an extra layer of desirability to the region.