Jack County Real Estate and Livability Trends
Jack County, Texas has experienced substantial fluctuations in average taxable incomes and tax liabilities, with notable highs in 2014 and lows in 2016. Median home values have surged by 77% since 2015, outpacing state and national trends, reaching $135,500 in 2022. The area’s steady farm economy and fluctuating energy tax credits highlight diverse investment opportunities. Stable... Read more
Jack County Market Trends
Jack County, Texas, has seen a notable 77% rise in median home values since 2015, reaching $135,500 in 2022, which surpasses both state and national trends. Fluctuations in residential energy tax credits, peaking in 2020 at $2,333.33, could indicate shifting incentives for energy-efficient home upgrades. Average real estate taxes per tax return have overall increased, with a significant peak at... Read more
Median Value of Occupied Housing Units in Jack County, Texas Over the Last 8 Years
Jack County, Texas has experienced a significant appreciation in median home values over the past eight years, reaching $135,500 in 2022 from $76,700 in 2015. This reflects a nearly 77% increase, which outpaces both the state of Texas and national trends. Texas saw a rise to $238,000 from $136,000 over the same period, and the national median went up to $179,400 from $125,500. This trend could signal growing demand or a burgeoning market in Jack County, presenting potential opportunities for investors or those considering relocating to this area.
Residential Energy Tax Credit Per Tax Return in Jack County, TX Over the Last 7 Years
Over the last seven years, the residential energy tax credit per tax return in Jack County, Texas has shown notable fluctuations. Starting at $300.00 in 2013, the credit dipped in 2014 but saw a gradual increase through 2016, peaking dramatically in 2019 at $1,066.67. The most significant jump came in 2020 with a peak of $2,333.33, before dropping to $1,166.67 in 2021. This volatile trend is likely to attract attention from potential investors, homeowners, and professionals in the real estate sector, indicating varying incentives for energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Jack County, TX Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Jack County, Texas have shown a general upward trend. Notable spikes include 2019 when taxes surged to $6,600.00, and although there was a slight dip in 2020 to $5,758.33, the upward trend continued with 2021 reaching $6,253.85. This growth may indicate rising property values or increased tax rates, potentially impacting investment attractiveness and housing affordability in the area. For real estate agents and investors, understanding these fluctuating tax burdens is crucial for navigating potential cost implications.
Percentage of Farm Returns in Jack County, TX Over the Last 10 Years
For the past decade, Jack County, Texas has seen a relatively consistent percentage of farm returns, fluctuating mostly between 17% and 18%, with a peak hitting around 18.79% in 2017. These farm tax returns, essentially income tax filings by agricultural businesses, can offer insights into the area’s agricultural activity, economic health, and viability for farming investments. Such data might attract investors interested in rural property development or those looking to capitalize on the steady agrarian economy in Jack County.
Number of Mortgages by Occupancy Type in Jack County, TX Over the Last 5 Years in Jack County
Jack County, Texas, has seen considerable variation in the number of mortgages categorized by occupancy type over the past five years. Principal Residences consistently dominate the mortgage market, peaking at 341 in 2020 and slightly dipping to 307 in 2022. Investment properties hovered around similar numbers, with minor fluctuations, and Second Residences remained the smallest category but did experience spikes in particular years like 2020. This dynamic can significantly impact property valuations, with a strong market for principal residences suggesting stable family-oriented neighborhoods. Conversely, steady investment property activity points to perceived long-term value and rental income potential. These trends are crucial for investors, real estate agents, appraisers, and insurance agents to consider when assessing market conditions and future opportunities in Jack County.
Economic Outlook
Jack County, Texas has seen average taxable incomes and tax liabilities fluctuate significantly over the past decade, with highs around $67,218.67 in 2014 and notable drops to $44,459.08 in 2016. State and local income taxes per return have also decreased considerably, from $5,350.00 in 2013 to $2,700.00 by 2016, suggesting potentially lower tax burdens. This economic variability could impact investment decisions, making the area a mix of opportunities and risks for real estate agents and... Read more
Average Taxable Income per Tax Return in Jack County, TX over the last 9 years
Jack County, Texas has experienced fluctuating average taxable incomes over the past nine years, with notable highs around $67,218.67 in 2014 and $62,120.63 in 2021, suggesting economic inconsistencies. The lowest average, approximately $44,459.08 in 2016, indicates potential downturns or shifts in local employment or industry health. Investors and real estate agents might see these fluctuations as indicative of varying opportunities and risks. Appraisers and insurance agents could consider these income trends when assessing property values and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Jack County, TX Over the Last 3 Years
Jack County, Texas has seen a notable decline in average state and local income taxes per tax return, dropping from $5,350.00 in 2013 to $2,700.00 by 2016. This trend could be indicative of shifting economic policies or demographic changes within the county. Investors and real estate agents might find this data useful as it suggests potentially lower overall tax burdens, which could be appealing for attracting new residents or businesses. For those planning to build property or appraise real estate, this declining tax trend might impact long-term investment decisions and property values.
Average Total Tax Liability Per Tax Return in Jack County, TX Over the Last 10 Years
Jack County, Texas has seen notable fluctuations in average total tax liability per tax return over the past decade. After peaking at $13,050.59 in 2014, liabilities dropped sharply to $7,568.86 by 2016. Though there has been some recovery, with values reaching $9,520.94 in 2021, the trends suggest a volatile financial landscape. This variability can impact investment decisions, property appraisals, and insurance estimates, highlighting the need for careful financial planning and risk management in the area.
Cost of Living in Jack County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,174 | $1,267 | $2,285 | $1,109 | $900 |
1 adult 4 children | $1,174 | $1,035 | $1,751 | $1,109 | $983 |
2 adults 3 children | $1,174 | $1,035 | $1,980 | $1,109 | $717 |
1 adult 3 children | $1,174 | $845 | $1,447 | $1,109 | $758 |
2 adults 2 children | $826 | $847 | $1,676 | $968 | $609 |
1 adult 2 children | $826 | $633 | $1,142 | $968 | $520 |
2 adults 1 child | $826 | $670 | $1,372 | $510 | $585 |
1 adult 1 child | $826 | $432 | $838 | $510 | $469 |
2 adults | $658 | $538 | $1,067 | $0 | $518 |
1 adult | $623 | $293 | $534 | $0 | $435 |
Safety trends & Data
Property crime trends in Jack County, Texas show significant variations over the past five years, potentially influencing decision-making for investors, residents, and professionals in real estate and insurance. Larceny-theft incidents spiked in 2020 with 11 reported cases, while vandalism surged to 9 occurrences the same year. In 2021 and 2022, burglary incidents declined, but vandalism remained consistent. Arson appeared only once in 2021. These fluctuations suggest shifting local crime... Read more
Property Crime Trends in Jack County, TX Over the Last 5 Years
Property crime trends in Jack County, Texas show significant variations over the past five years, which could influence decision-making for potential investors, residents, and professionals in real estate and insurance. Larceny-theft incidents spiked in 2020, with 11 reported cases, while vandalism surged to 9 occurrences the same year. By contrast, 2021 and 2022 saw a noticeable decline in burglary but a consistent presence of vandalism. Arson appeared only once in 2021. These fluctuations hint at shifting local crime patterns that could impact property values, insurance premiums, and investment risks.
Demographics
Jack County, Texas reveals an intriguing demographic landscape. The male adult population appears to outnumber females, hinting at possible implications for community services and social structures. On the educational front, a significant portion has completed high school, with a notable percentage pursuing higher education. Age distribution suggests a relatively balanced mix across various age groups, which could impact local healthcare, education, and recreational services. Racial... Read more
Race Distribution in Jack County, Texas (2022)
Educational Attainment in Jack County, Texas (2022)
Age Distribution in Jack County, Texas
Citizen Population in Jack County, Texas (2022)
Political Trends & Data
Jack County, Texas, exhibits a strong Republican leaning, with the party possibly securing over 90% of votes in the 2020 U.S. Presidential Election. This significant political skew implies that conservative values might dominate local policies and community interactions, leaving minimal influence for Democratic, Libertarian, and Green parties, who collectively garnered under 10%. These dynamics can play a crucial role in shaping the county's real estate market, potentially attracting buyers... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
The 2020 U.S. Presidential Election results in Jack County, Texas, suggest a substantial lean towards the Republican party, which may indicate the county's strong conservative values. With Republicans potentially garnering over 90% of the votes, the Democratic, Libertarian, and Green parties seem to have minimal influence, securing less than 10% collectively. This distribution could hint at a predominantly homogenous political landscape, possibly affecting local policy and community dynamics.
90.38% of voters voted for the Republican party in the 2020 Presidential Election
8.75% of voters voted for the Democrat party in the 2020 Presidential Election
0.63% of voters voted for the Livertarian party in the 2020 Presidential Election
0.24% of voters voted for the Green party in the 2020 Presidential Election
School Data
Jack County, Texas has maintained a stable student-to-teacher ratio between 11 and 13 over the past decade, consistently below the national average of 14. This could imply more personalized attention for students, hinting at a robust educational environment. Potential homebuyers and investors might find this appealing as it suggests a commitment to quality education, which could positively impact property values. Real estate agents might capitalize on this advantage, portraying the community as... Read more
Student-to-teacher ratio in Jack County, Texas over the last 10 years
Jack County, Texas has seen a relatively stable student-to-teacher ratio over the past decade, oscillating between 11 and 13 students per teacher. This ratio has consistently remained below the national average of 14 students per teacher, suggesting that individual students might get more personalized attention compared to other regions. For those looking to invest in property or move to this area, this lower student-to-teacher ratio could be an appealing factor as it potentially indicates a robust educational environment. Real estate agents and appraisers might highlight this advantage when discussing property values, while insurance agents might consider it a positive indicator of community investment in education.