Hunt County Real Estate and Livability Trends
Hunt County, Texas, has seen average taxable income per tax return jump from $46,801.89 in 2013 to a peak of $66,936.72 in 2021, pointing to a potentially attractive economic outlook for investors. Notably, median home values have surged from $94,400 in 2015 to $184,000 in 2022, hinting at rising property values amidst an accelerating market. Meanwhile, real estate taxes have climbed from... Read more
Hunt County Market Trends
Hunt County, Texas has seen a substantial rise in median home values from $94,400 in 2015 to $184,000 in 2022, outpacing national trends but lagging behind the state's overall increase to $238,000. Average residential energy tax credits surged to $3,494.12 in 2018, indicating a spike in energy-efficient home improvements, but remained above $2,000.00 in subsequent years. Real estate taxes jumped... Read more
Median Value of Occupied Housing Units in Hunt County, Texas Over the Last 8 Years
Hunt County, Texas has seen a remarkable increase in median home values over the last eight years, rising from $94,400 in 2015 to $184,000 in 2022. While this growth rate outpaces the national trend, where median values moved from $125,500 to $179,400, it still falls short of the state's overall surge, with Texas seeing values jump from $136,000 to $238,000. For anyone considering investing or moving to Hunt County, this robust upward trajectory could signal lasting opportunities for property appreciation, albeit more conservative compared to broader state gains.
Residential Energy Tax Credit Per Tax Return in Hunt County, TX Over the Last 9 Years
Over the past nine years, the average residential energy tax credit per tax return in Hunt County, Texas has shown remarkable fluctuations, with a notable peak in 2018 at approximately $3,494.12. This surge could hint at increased investment in energy-efficient home improvements or renewable energy adoption during that period. Subsequent years saw some decline, but the figures still hovered above $2,000.00, indicating sustained interest or investment in energy efficiency. For investors, real estate agents, and property developers, understanding these trends is crucial; they suggest periodic spikes in energy-saving upgrades, which could impact home values and market desirability in the area.
Average Real Estate Taxes Per Tax Return in Hunt County, TX Over the Last 10 Years
Over the last decade, Hunt County, Texas has seen a steady increase in average real estate taxes per tax return, jumping from approximately $3,673.69 in 2012 to about $6,576.38 by 2021. This continuous rise, particularly the significant leap between 2017 and 2018, could signal growing property values, making it an attractive spot for real estate investments. For current residents and potential investors, such a trend suggests both an appreciation of property values and a need to be mindful of increasing tax obligations when planning future expenditures.
Percentage of Farm Returns in Hunt County, TX Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Hunt County, Texas, has seen a slight but consistent decrease from approximately 6.94% in 2012 to roughly 5.30% in 2021. Farm tax returns measure the income generated from agricultural activities and are often used to gauge the health and productivity of the local farming sector. This trend might suggest a gradual decline in the number or profitability of farms in the area, potentially impacting local employment, land use, and investment opportunities. For those considering property investments or moves to Hunt County, this could signify shifts in land value or farming viability, drawing attention to the evolving economic landscape.
Number of Mortgages by Occupancy Type in Hunt County, TX Over the Last 5 Years in Hunt County
The data for Hunt County, Texas indicates that the majority of mortgages over the last five years have consistently been for principal residences, dwarfing those for investment properties and second residences. This trend could suggest that Hunt County is predominantly a community where people live full-time, rather than a hotspot for vacation homes or significant investment properties. Investors might find fewer opportunities here relative to more urban or tourism-heavy areas. On the other hand, insurers might focus their risk assessments and products on owner-occupied homes. Real estate agents and developers looking to attract new residents will likely find a more stable and consistent market for primary homes, which might translate to steady demand. For those considering moving to Hunt County, the data implies a family-oriented, residential environment.
Economic Outlook
Hunt County, Texas has experienced a notable upward trend in average taxable income per tax return, increasing from $46,801.89 in 2013 to a peak of $66,936.72 in 2021. This uptick suggests a solid economic trajectory, potentially attractive to real estate investors and homebuyers. Meanwhile, the county has seen varying state and local income taxes, with a significant spike to $8,071.43 in 2020, indicating possible shifts in tax policy or economic conditions. Average total tax liability per tax... Read more
Average Taxable Income per Tax Return in Hunt County, TX over the last 9 years
Over the past nine years, Hunt County, Texas has seen a general upward trend in average taxable income per tax return. Starting at $46,801.89 in 2013, it peaked at $66,936.72 in 2021. This growth suggests a solid economic trajectory which could be appealing to real estate investors, insurers, and prospective homebuyers. The steady increase might indicate a rising standard of living and potentially greater per capita purchasing power, aspects worth noting for anyone interested in the economic health of the area.
Average State and Local Income Taxes Per Tax Return in Hunt County, TX Over the Last 10 Years
Over the last decade, Hunt County, Texas has experienced notable fluctuations in the average state and local income taxes per tax return. After 2012, taxes showed a downward trend, dipping to $3,431.82 in 2014, then rebounding slightly through 2017. The stark increase to $8,071.43 in 2020 indicates a possible shift in tax policy or economic conditions. This volatility in tax burdens could influence investment decisions, real estate market dynamics, and even relocation considerations, making it essential for stakeholders to stay informed on these trends.
Average Total Tax Liability Per Tax Return in Hunt County, TX Over the Last 10 Years
Over the last decade, Hunt County, Texas has seen a fluctuating but generally upward trend in average total tax liability per tax return. Starting from $7,046.94 in 2012, it peaked dramatically at $9,667.86 in 2021. This growth indicates potential economic expansion and rising incomes, making it an appealing prospect for investors and real estate professionals. However, the variability should prompt caution, highlighting the necessity for detailed appraisals and informed financial planning.
Cost of Living in Hunt County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,553 | $1,283 | $1,722 | $1,754 | $1,077 |
| 1 adult 4 children | $1,553 | $1,048 | $1,315 | $1,754 | $1,250 |
| 2 adults 3 children | $1,553 | $1,048 | $1,495 | $1,754 | $909 |
| 1 adult 3 children | $1,553 | $856 | $1,088 | $1,754 | $1,028 |
| 2 adults 2 children | $1,233 | $858 | $1,267 | $1,526 | $750 |
| 1 adult 2 children | $1,233 | $641 | $861 | $1,526 | $769 |
| 2 adults 1 child | $1,233 | $678 | $1,040 | $786 | $697 |
| 1 adult 1 child | $1,233 | $438 | $634 | $786 | $606 |
| 2 adults | $1,044 | $545 | $813 | $0 | $583 |
| 1 adult | $992 | $297 | $407 | $0 | $505 |
Safety trends & Data
Property crime in Hunt County, Texas, has shown significant changes over the past five years, with larceny-theft incidents dropping from 126 in 2019 to 51 in 2022. Burglary cases have remained stable, and motor vehicle theft has seen minor variations. Sharp drops and subsequent rises in forgery and counterfeiting, alongside declining vandalism, suggest varying levels of criminal activity. These trends could influence decisions for investors, developers, and real estate professionals concerned... Read more
Property Crime Trends in Hunt County, TX Over the Last 5 Years
Hunt County, Texas, has experienced notable fluctuations in property crime over the past five years. Larceny-Theft incidents peaked in 2019 with 126 reported cases but saw a significant decline to 51 in 2022. Burglary reports have remained relatively stable, hovering around 11 to 18 cases annually. Motor Vehicle Theft has varied slightly but not drastically. Instances of Forgery and Counterfeiting dropped sharply from 15 in 2018 to just 4 in 2021, before rising again in 2022. Instances of Vandalism, though less frequent, also demonstrate a downward trend. These crime patterns are critical knowledge for potential investors, developers, and real estate professionals evaluating the safety and economic stability of the area.
Demographics
Hunt County, Texas exhibits a nearly balanced gender distribution with a slightly higher number of females. Educational attainment trends show the highest percentage of adults as high school graduates, though a notable portion also holds college-level qualifications. Age-wise, the population appears well-spread across different age groups, with a considerable segment in the 25-64 age bracket, indicating a potentially stable working-age population. Racial and ethnic diversity reveals a... Read more
Race Distribution in Hunt County, Texas (2022)
Educational Attainment in Hunt County, Texas (2022)
Age Distribution in Hunt County, Texas
Citizen Population in Hunt County, Texas (2022)
Political Trends & Data
Hunt County, Texas, seems to have a pronounced Republican tilt, with about 75.6% of the votes in the 2020 Presidential Election favoring the GOP. The Democratic party, in comparison, captured roughly 23.1% of the votes, indicating potential difficulties for future Democratic contenders. The Libertarian party made a minimal showing with just over 1%, highlighting the area's strong two-party dynamics and solid Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Hunt County, Texas, appears to lean heavily Republican, with approximately 75.6% of the votes in the 2020 U.S. Presidential Election going to the Republican party. The Democratic party garnered around 23.1%, while the Libertarian party received just over 1% of the vote. The Green party and other parties combined represented a minor fraction, indicating a predominantly two-party system with a strong Republican presence. This voting pattern suggests that future Democratic candidates might face significant challenges in this region.
75.56% of voters voted for the Republican party in the 2020 Presidential Election
23.07% of voters voted for the Democrat party in the 2020 Presidential Election
1.12% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
0.06% of voters voted for the Other party in the 2020 Presidential Election
School Data
Hunt County, Texas has maintained a student-to-teacher ratio between 12 and 13 over the past decade, with a slight increase to 13 in 2023. This figure remains below the national average of 14, suggesting potential advantages in personalized education. These dynamics could make the area more attractive to families and might influence local property values, presenting opportunities for real estate... Read more
Student-to-teacher ratio in Hunt County, Texas over the last 10 years
Over the past decade, Hunt County, Texas has seen its student-to-teacher ratio hover around the 12 to 13 range, with a slight upward trend reaching 13 in 2023. This ratio has remained generally below the national average of 14 students per teacher. Changes in student-to-teacher ratios can impact educational outcomes and classroom dynamics, potentially influencing property values and attractiveness of the area to families. Lower student-to-teacher ratios may indicate more personalized attention for students, which could be appealing for new residents and beneficial for those investing in the local real estate market.
