Hudspeth County Real Estate and Livability Trends
Hudspeth County, Texas is emerging as an intriguing market for real estate investors and prospective homeowners. The median home value has surged 35% from $42,600.00 in 2015 to $57,400.00 in 2022, reflecting its growing desirability while remaining substantially more affordable than statewide averages. Fluctuations in energy tax credits and real estate taxes could influence financial planning and... Read more
Hudspeth County Market Trends
Hudspeth County's median home values have consistently risen from $42,600.00 in 2015 to $57,400.00 in 2022, marking a 35% increase. Compared to the statewide surge in Texas and the national increase, Hudspeth remains notably more affordable but shows growing desirability. Residential energy tax credits and real estate taxes have seen fluctuations, with energy tax credits dipping to $1,600.00 in... Read more
Median Value of Occupied Housing Units in Hudspeth County, Texas Over the Last 8 Years
Hudspeth County's median home values have shown a consistent upward trend over the last 8 years, with a rise from $42,600.00 in 2015 to $57,400.00 in 2022. This represents a roughly 35% increase. In contrast, during the same period, median home values in Texas jumped from $136,000.00 to $238,000.00, and nationwide values escalated from $125,500.00 to $179,400.00. While Hudspeth County remains significantly more affordable than state and national averages, the steady growth could indicate increasing desirability and investment potential in this region.
Residential Energy Tax Credit Per Tax Return in Hudspeth County, TX Over the Last 3 Years
Hudspeth County, Texas has seen fluctuations in average residential energy tax credits per tax return over the past few years. After a slight increase from $1,625.00 in 2016 to $1,675.00 in 2017, there was a decrease to $1,600.00 by 2021. This variability might suggest shifting dynamics in energy efficiency incentives or adoption rates within the county, offering a cautious view for investors and property developers interested in the local energy upgrade market.
Average Real Estate Taxes Per Tax Return in Hudspeth County, TX Over the Last 6 Years
Hudspeth County, Texas has seen significant fluctuations in average real estate taxes per tax return over the past six years, with a notable increase from $1,420.00 in 2012 to a peak of $3,907.14 in 2016. This upward trend may raise considerations for property investors and homeowners regarding the financial landscape of the area. Understanding these shifts can be crucial for appraisers, insurance agents, and real estate professionals when assessing property values and potential returns on investment.
Percentage of Farm Returns in Hudspeth County, TX Over the Last 10 Years
Hudspeth County, Texas, has seen varying percentages of farm tax returns over the last decade, reflecting potential shifts in the agricultural sector's role. From a high of approximately 8.27% in 2020 to a low of around 4.73% in 2017, these fluctuations highlight how farm-related activities influence local economic dynamics. Investors and potential residents might interpret these trends as indicative of broader economic shifts, potential income sources, or the viability of agricultural ventures in the area. This data suggests a somewhat unstable, yet significant, farming presence that could impact property and development opportunities. Farm tax returns encompass the filing of income generated from farming activities, which include crop production, livestock, and any derived agribusiness income. They are essential for understanding the financial contributions of the agricultural sector to the county’s economy.
Number of Mortgages by Occupancy Type in Hudspeth County, TX Over the Last 5 Years in Hudspeth County
In Hudspeth County, Texas, there's been a noticeable uptick in the number of principal residence mortgages over the last five years, suggesting a possible rise in population or homeownership rates. Investment property mortgages, although fewer in comparison, have shown slight increases, which might point to emerging rental market interests. The consistency yet low numbers of second residence mortgages indicate a steady, but not booming, demand for vacation homes. Understanding these shifts in occupancy type is crucial for investors, appraisers, and real estate agents as they signal changing demographics and demand patterns, which can influence market strategies and property valuations.
Economic Outlook
Hudspeth County, Texas has experienced fluctuating average taxable incomes per tax return, peaking at $41,283.81 in 2017 and $40,391.30 in 2021, indicating modest economic growth and recovery. Average state and local income taxes also showed significant variation, jumping to $2,550.00 in 2017 after a prior dip, suggesting changing economic conditions or policies. Meanwhile, the average total tax liability per tax return varied widely, hitting a high of $6,261.25 in 2019, which points to... Read more
Average Taxable Income per Tax Return in Hudspeth County, TX over the last 9 years
Hudspeth County, Texas has shown fluctuating average taxable income per tax return over the past nine years, with notable peaks around $41,283.81 in 2017 and $40,391.30 in 2021. Despite some dips, the overall trend suggests modest growth and recovery, which could indicate economic resilience. This pattern might be of particular interest to investors and real estate agents, as it hints at potential income stability and gradual economic improvement, beneficial for property valuation and long-term investments.
Average State and Local Income Taxes Per Tax Return in Hudspeth County, TX Over the Last 3 Years
Hudspeth County, Texas, has shown varying trends in average state and local income taxes per tax return over the last three years. In 2015, the average was around $1,666.67, which decreased to $1,500.00 in 2016, but then saw a notable increase to $2,550.00 in 2017. This volatility could suggest changing economic conditions or policy adjustments that might influence fiscal planning and projections for those looking to invest in, move to, or build property in this region. Understanding these tax trends can be crucial for real estate agents, appraisers, and insurance agents when evaluating the local market.
Average Total Tax Liability Per Tax Return in Hudspeth County, TX Over the Last 10 Years
Hudspeth County, Texas has seen a fluctuating average total tax liability per tax return over the past decade, with amounts ranging from a low of $4,267.95 in 2013 to a high of $6,261.25 in 2019. This variability points to potential economic volatilities and may suggest cautious consideration for investors, real estate agents, and appraisers. For those looking to move or build property here, understanding these shifts can offer insights into the financial landscape and help in making informed decisions.
Cost of Living in Hudspeth County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,117 | $1,331 | $1,999 | $1,310 | $926 |
| 1 adult 4 children | $1,117 | $1,087 | $1,529 | $1,310 | $1,037 |
| 2 adults 3 children | $1,117 | $1,087 | $1,734 | $1,310 | $747 |
| 1 adult 3 children | $1,117 | $888 | $1,264 | $1,310 | $791 |
| 2 adults 2 children | $918 | $890 | $1,469 | $1,150 | $659 |
| 1 adult 2 children | $918 | $665 | $999 | $1,150 | $620 |
| 2 adults 1 child | $918 | $704 | $1,204 | $629 | $640 |
| 1 adult 1 child | $918 | $454 | $735 | $629 | $536 |
| 2 adults | $774 | $565 | $940 | $0 | $560 |
| 1 adult | $631 | $308 | $470 | $0 | $458 |
Safety trends & Data
In Hudspeth County, Texas, property crime trends have fluctuated over the past five years, impacting real estate evaluations. Burglaries peaked in 2018 and 2021 but sharply declined to just one case in 2022. Larceny-theft peaked in 2019, while motor vehicle theft remained stable at low levels. Vandalism cases saw a gradual uptick, peaking mildly in 2021. These variations are crucial for real estate investors and insurance agents assessing risk and property... Read more
Property Crime Trends in Hudspeth County, TX Over the Last 5 Years
Over the last five years, Hudspeth County, Texas has experienced somewhat fluctuating property crime trends, with noticeable spikes and drops in specific categories. Notably, burglary incidents peaked in both 2018 and 2021 but saw a sharp decline to just one case in 2022. Larceny-theft occurrences varied, peaking in 2019, while motor vehicle theft remained relatively low but consistent. Vandalism cases showed a gradual increase reaching a small peak in 2021. These trends provide valuable insight for real estate investors, appraisers, and insurance agents monitoring property crime to better assess risks and property values in the area.
Demographics
Hudspeth County, Texas, shows an interesting demographic spread with a significantly higher number of males compared to females. The educational attainment levels highlight a predominantly low education profile, with most adults having less than a high school diploma. There is also a relatively young population, with a notable concentration in the 25 to 34-year age group. In terms of racial composition, the majority of residents identify as White, but there's a sizable portion of the population... Read more
Race Distribution in Hudspeth County, Texas (2022)
Educational Attainment in Hudspeth County, Texas (2022)
Age Distribution in Hudspeth County, Texas
Citizen Population in Hudspeth County, Texas (2022)
Political Trends & Data
In Hudspeth County, Texas, the 2020 U.S. Presidential Election results potentially indicate a strong Republican presence with around 67% of the vote favoring the GOP. Democrats may have seen less support, capturing nearly 32% of the vote. Libertarian and Green Party candidates obtained less than 1% each, hinting at limited influence. Such election outcomes could imply that conservative values hold sway in the area, although various factors might affect the political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hudspeth County, Texas, the 2020 U.S. Presidential Election results suggest a substantial majority leaned Republican with around 67%. Democratic support was possibly less pronounced, garnering nearly 32% of the vote. Libertarian and Green Party candidates barely made a dent, each securing less than 1%. This trend might indicate a strong conservative presence in the county, though varying factors could influence such political landscapes.
66.87% of voters voted for the Republican party in the 2020 Presidential Election
31.85% of voters voted for the Democrat party in the 2020 Presidential Election
0.86% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Green party in the 2020 Presidential Election
School Data
Hudspeth County, Texas has maintained a student-to-teacher ratio well below the national average of fourteen students per teacher, with ratios between 8 and 10 over the past decade. This potentially suggests more personalized attention for students, drawing families that prioritize education quality, and could be a significant factor for real estate agents and prospective buyers. Investors and developers might see this as a positive influence on property values, while appraisers and insurance... Read more
Student-to-teacher ratio in Hudspeth County, Texas over the last 10 years
Hudspeth County, Texas has consistently maintained a student-to-teacher ratio well below the national average of fourteen students per teacher over the past decade, indicating smaller class sizes. This trend towards lower ratios, hovering between 8 and 10, could suggest more personalized attention for students, potentially attracting families prioritizing education quality. Real estate agents and people considering moving to the area might view this as a significant advantage. For investors and developers, these educational metrics might impact property values positively. Additionally, appraisers and insurance agents might see this as a factor in assessing the desirability of the area, considering the link between strong educational support and community stability.
