Henderson County Real Estate and Livability Trends
Henderson County, Texas has shown notable economic growth, with the average taxable income per tax return rising from $45,854.91 in 2013 to $63,568.72 in 2021, indicating a flourishing local economy and potential uptick in property values. The median home value jumped from $91,500 in 2015 to $159,600 in 2022, pointing to increased demand and investment interest, though prices remain below state... Read more
Henderson County Market Trends
The median home value in Henderson County, Texas, has risen from $91,500 in 2015 to $159,600 in 2022, though still below state and national averages. Real estate tax averages have more than doubled over the past decade, potentially reflecting rising property values or increased municipal spending, impacting affordability. Residential energy tax credits surged from $402.38 in 2013 to $2,196.15 in... Read more
Median Value of Occupied Housing Units in Henderson County, Texas Over the Last 8 Years
Over the past eight years, the median value of homes in Henderson County, Texas, has climbed from $91,500 in 2015 to $159,600 in 2022. This growth, although substantial, still trails the state's increase to $238,000 and the national rise to $179,400 in the same period. Potential investors or potential homeowners eyeing Henderson County may find these relatively lower prices enticing, especially compared to the broader Texas and U.S. markets. For locals or those planning to move here, these increasing values could signal growing market viability and an opportunity for early investment.
Residential Energy Tax Credit Per Tax Return in Henderson County, TX Over the Last 9 Years
Henderson County, Texas, has seen significant fluctuations in the average residential energy tax credits claimed per tax return over the past nine years. Starting at approximately $402.38 in 2013, the figures have surged notably, peaking at around $2,196.15 in 2019. This upward trend suggests increasing investments in energy-efficient home improvements and renovations. For potential investors or those considering moving to the area, these figures could indicate a growing community focus on sustainability, which might influence property values positively. Appraisers and real estate agents should consider this trend when assessing property values and market demands.
Average Real Estate Taxes Per Tax Return in Henderson County, TX Over the Last 10 Years
Over the past decade, Henderson County, Texas has observed a consistent increase in average real estate taxes per tax return. From $3,884.55 in 2012 to $7,558.74 in 2021, this upward trend is notable for potential investors and homeowners. This escalation in taxes might reflect rising property values or increased municipal spending, influencing both affordability and investment return. For insurance agents, appraisers, and real estate professionals, these figures can help in assessing property-related risk and advising clients accurately.
Percentage of Farm Returns in Henderson County, TX Over the Last 10 Years
Over the last decade, farm tax returns in Henderson County, Texas have seen a subtle decline. Starting at roughly 5.88% in 2012, the percentage decreased to approximately 4.26% by 2021. Farm tax returns generally reflect the financial health of the agricultural sector and can influence decisions for prospective investors, property developers, and residents. This trend may suggest shifts in the local agricultural economy, potentially indicating less profitability or changes in land use. Understanding these subtleties is crucial for those looking at long-term investments or settling in the region.
Number of Mortgages by Occupancy Type in Henderson County, TX Over the Last 5 Years in Henderson County
Over the last five years in Henderson County, Texas, mortgage trends indicate fluctuations in demand for various occupancy types. Principal residences see the most substantial number of mortgages, but there's a noticeable dip in 2022 compared to peak numbers in 2021. Investment properties, while consistently lower, reveal a slight upward trend, potentially indicating increasing investor interest. Second residences peaked in 2020 but have since declined, reflecting possibly market corrections or shifts in fiscal priorities. These trends are vital for investors and real estate professionals as they provide insights into market stability and potential growth areas. For appraisers and insurance agents, understanding these shifts aids in accurately assessing property values and risk, while anyone considering moving to or building in Henderson County can gauge market confidence and investment potential.
Economic Outlook
Henderson County, Texas has experienced a generally rising average taxable income per tax return, growing from $45,854.91 in 2013 to $63,568.72 in 2021. This trend suggests economic development and potentially increased property values, making it intriguing for investors and those considering relocation. Simultaneously, average state and local income taxes per tax return have surged from $5,103.70 in 2012 to $14,933.33 in 2021, potentially indicating heightened economic activities or tax policy... Read more
Average Taxable Income per Tax Return in Henderson County, TX over the last 9 years
Henderson County, Texas has seen a generally increasing trend in average taxable income per tax return over the past nine years. Starting at around $45,854.91 in 2013, there has been notable growth with some fluctuations, culminating in $63,568.72 by 2021. This growth in taxable income could be indicative of economic development and rising property values, making it an interesting option for investors, real estate agents, and those considering relocation. However, the year-to-year variation suggests that potential ups and downs in the local economy should be carefully monitored by those involved in financial planning or property development.
Average State and Local Income Taxes Per Tax Return in Henderson County, TX Over the Last 10 Years
Henderson County, Texas has seen substantial fluctuations in average state and local income taxes per tax return over the past decade, with a notable upward trajectory in recent years. From $5,103.70 in 2012 to a significant jump to $14,933.33 in 2021, the surge in taxes could potentially indicate improved economic activities or changes in tax policy. For investors and real estate agents, such trends might reflect rising incomes or higher property values, offering insights into the fiscal landscape. With these escalating tax figures, appraisers and insurance agents may need to consider the evolving financial commitments of residents when evaluating property and coverage needs.
Average Total Tax Liability Per Tax Return in Henderson County, TX Over the Last 10 Years
Henderson County, Texas has seen a noticeable upward trend in the average total tax liability per tax return over the past decade. Starting at approximately $7,380.86 in 2012, the figure peaked at $10,089.97 in 2021. These increasing liabilities could imply rising property values or possibly shifts in local tax policies, both factors that might interest potential investors and real estate professionals. The significant jump observed between 2015 and 2016, where values leaped from $8,054.96 to $8,783.14, and another leap from 2019 to 2021, suggests periods of considerable economic change within the county. Such trends are crucial for those assessing the area for potential real estate opportunities or financial forecasting.
Cost of Living in Henderson County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,203 | $1,339 | $1,905 | $1,146 | $818 |
1 adult 4 children | $1,203 | $1,094 | $1,458 | $1,146 | $901 |
2 adults 3 children | $1,203 | $1,094 | $1,653 | $1,146 | $650 |
1 adult 3 children | $1,203 | $893 | $1,205 | $1,146 | $669 |
2 adults 2 children | $906 | $896 | $1,400 | $999 | $562 |
1 adult 2 children | $906 | $669 | $953 | $999 | $501 |
2 adults 1 child | $906 | $708 | $1,147 | $522 | $560 |
1 adult 1 child | $906 | $457 | $700 | $522 | $461 |
2 adults | $696 | $569 | $895 | $0 | $492 |
1 adult | $691 | $310 | $447 | $0 | $438 |
Safety trends & Data
In Henderson County, Texas, property crime trends present a mixed bag for potential investors or residents. Burglary incidents peaked at 28.0 in 2019 but fell to 20.0 by 2022, while larceny-theft saw a notable drop from 56.0 to 23.0 in the same period, suggesting possible improvements in community vigilance or enforcement. Motor vehicle theft remained stable, slightly edging up to 15.0 in 2022. Interestingly, forgery and counterfeiting surged to 19.0 in 2020 before declining, and vandalism... Read more
Property Crime Trends in Henderson County, TX Over the Last 5 Years
Henderson County, Texas has seen a shifting landscape in property crimes over the last five years. Burglary incidents have fluctuated, peaking at 28.0 in 2019 and dropping to 20.0 in 2022. Larceny-theft saw a significant decrease from 56.0 in 2019 to 23.0 in 2022, indicating a potential improvement in community vigilance or enforcement. Motor vehicle theft remained relatively stable but did have a small increase in 2022 with 15.0 incidents. Notably, cases of forgery and counterfeiting spiked to 19.0 in 2020 before declining again. Vandalism, however, exhibited no clear trend, with numbers oscillating each year. Potential investors or residents should weigh these trends carefully as they reflect broader social dynamics and the effectiveness of local law enforcement efforts.
Demographics
Henderson County's adult population skews slightly female with a majority being high school graduates or having some college experience. Age distribution shows the highest concentration in the 55 to 64 range, followed by notable populations under 10 and between 25 and 34 years. Racially, the county is predominantly White with African American and other racial groups making up a smaller percentage. These demographics suggest a potentially aging population with significant young residents,... Read more
Race Distribution in Henderson County, Texas (2022)
Educational Attainment in Henderson County, Texas (2022)
Age Distribution in Henderson County, Texas
Citizen Population in Henderson County, Texas (2022)
Political Trends & Data
In Henderson County, Texas, the 2020 U.S. Presidential Election results hinted at solid conservative leanings, with nearly 80% of voters likely supporting the Republican candidate. Democrats captured less than 25% of the vote, indicating limited support, while Libertarians and Green party candidates seemed to attract minimal interest. This suggests a robust conservative base in the area, which could influence not only political landscapes but potentially the local real estate market, possibly... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Henderson County in Texas showed a significant leaning toward the Republican party in the 2020 U.S. Presidential Election, with nearly 80% of voters possibly opting for the Republican candidate. Democrats garnered less than a quarter of the vote, suggesting limited support. Libertarians and Green party candidates might have seen minimal interest, each capturing just a small fraction of the total votes. These numbers hint at a strong conservative base in this county.
79.61% of voters voted for the Republican party in the 2020 Presidential Election
19.44% of voters voted for the Democrat party in the 2020 Presidential Election
0.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% 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
Henderson County, Texas, has student-to-teacher ratios that have generally stayed below the national average of 14, with lows of 12 in 2014 and 2021 and a peak of 13 in 2020. These relatively smaller class sizes might suggest a more individualized educational experience, making the area potentially attractive to parents and real estate investors looking for quality schooling environments. For professionals in insurance, appraisal, or development, stable or improving ratios could enhance... Read more
Student-to-teacher ratio in Henderson County, Texas over the last 10 years
Henderson County, Texas, has seen its student-to-teacher ratio largely hover just below the national average of 14 students per teacher over the past decade. From a low of 12 in 2014 and 2021 to a peak of 13 in 2020, the county's ratios suggest relatively smaller class sizes compared to the rest of the United States. These trends might indicate a more individualized educational experience, potentially appealing to parents and real estate investors seeking quality schooling environments. For insurance agents, appraisal professionals, and those looking to build or invest, a stable or improving student-to-teacher ratio could enhance property desirability in the area due to perceived educational benefits.