Jeff Davis County Real Estate and Livability Trends
Jeff Davis County, Texas, has seen average taxable income per tax return surge from $54,883.17 in 2013 to $75,073.12 by 2021, suggesting economic growth. Home values also jumped from $93,300 in 2015 to $167,300 in 2022, signaling substantial appreciation, although still below the state median of $238,000. The county boasts a low student-to-teacher ratio, likely enhancing its appeal to families. A... Read more
Jeff Davis County Market Trends
Jeff Davis County, Texas, saw a significant median home value increase from $93,300 in 2015 to $167,300 in 2022. Although this remains below the state's $238,000 median, the growth indicates substantial appreciation. Real estate taxes have fluctuated, peaking at $6,860.00 in 2019, impacting financial planning for homeownership and investment. Farm tax returns varied between 3.85% and 6.00% over... Read more
Median Value of Occupied Housing Units in Jeff Davis County, Texas Over the Last 8 Years
Jeff Davis County in Texas has seen a significant climb in median home values over the past eight years, from $93,300 in 2015 to $167,300 in 2022. Although still trailing the state median, which surged to $238,000 in 2022, the county’s growth reflects a steady appreciation. Compared to the national median, which reached $179,400 in 2022, Jeff Davis County presents a more affordable yet increasingly popular option. This trend might suggest emerging opportunities for investors and homebuyers looking for growth potential at lower entry points.
Average Real Estate Taxes Per Tax Return in Jeff Davis County, TX Over the Last 10 Years
Over the last decade, Jeff Davis County, Texas has seen fluctuating yet notable increases in real estate taxes per tax return, with a particularly sharp rise in 2019 reaching $6860.00. Values have hovered around $4000.00 to $5000.00 in other years, with peaks and valleys suggesting possible changes in property assessment practices or economic factors affecting property values. This variation is likely of interest to real estate investors, property appraisers, and those considering moving to the area, as it impacts financial planning for both ownership and investment.
Percentage of Farm Returns in Jeff Davis County, TX Over the Last 10 Years
Jeff Davis County, Texas, has seen fluctuating farm tax returns over the past decade, ranging from a high of 6.00% in 2014 to a low of 3.85% in 2019. Generally, farm tax returns are documents that farmers file to report income, expenses, and operations, and they can serve as indicators of agricultural activity and economic vitality in rural areas. For potential investors, builders, and residents, understanding these trends offers a glimpse into the economic stability and potential growth opportunities within the county's farming sector.
Number of Mortgages by Occupancy Type in Jeff Davis County, TX Over the Last 5 Years in Jeff Davis County
In Jeff Davis County, Texas, mortgage counts show fluctuations over the past five years, especially for principal residences and second residences. Principal residence mortgages consistently dominate, with numbers peaking at 51 in both 2018 and 2021, suggesting steady demand for primary homes. Investment property mortgages remain relatively low but slightly increased, potentially signaling emerging interest in rental market opportunities. The varying counts in second residence mortgages, which peaked at 15 in 2018 but lowered after, could reflect shifting interest in vacation or seasonal homes. These trends are pivotal for anyone engaged with real estate in the county, from investors to insurance agents, as they influence property values, market dynamics, and risk assessments.
Economic Outlook
Jeff Davis County, Texas, has seen its average taxable income per tax return spike from about $54,883.17 in 2013 to roughly $75,073.12 in 2021, indicating potential economic growth and newfound local prosperity. On the flip side, total tax liability per tax return has swung dramatically, peaking at $12,450.67 in 2021 after dipping to a low of $8,522.97 in 2012. Such shifts in income and tax liability reflect a dynamic economic environment that could impact property values and long-term... Read more
Average Taxable Income per Tax Return in Jeff Davis County, TX over the last 9 years
Jeff Davis County, Texas, has experienced a notable increase in average taxable income per tax return over the past nine years, with a climb from approximately $54,883.17 in 2013 to about $75,073.12 in 2021. This upward trend suggests potential economic growth and increased prosperity in the area, which could be attractive to investors, new residents, appraisers, and real estate agents. The significant jump in average taxable income, especially in recent years, highlights an evolving economic landscape that might influence property values and insurance assessments.
Average Total Tax Liability Per Tax Return in Jeff Davis County, TX Over the Last 10 Years
Jeff Davis County, Texas, has experienced notable fluctuations in average total tax liability over the past decade, ranging from a low of $8,522.97 in 2012 to a peak of $12,450.67 in 2021. The most significant increase occurred between 2016 and 2019, with liabilities jumping from $8,677.22 to $12,206.58. This volatile trend could be a reflection of changing economic conditions or policy shifts impacting the local tax landscape, making it crucial for investors and property builders to stay informed on potential financial liabilities. Real estate agents and insurers might find these trends particularly useful for advising clients on long-term costs associated with property ownership in the area.
Cost of Living in Jeff Davis County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,161 | $1,291 | $1,962 | $1,214 | $881 |
| 1 adult 4 children | $1,161 | $1,054 | $1,501 | $1,214 | $985 |
| 2 adults 3 children | $1,161 | $1,055 | $1,701 | $1,214 | $708 |
| 1 adult 3 children | $1,161 | $861 | $1,241 | $1,214 | $769 |
| 2 adults 2 children | $885 | $863 | $1,441 | $1,072 | $628 |
| 1 adult 2 children | $885 | $645 | $981 | $1,072 | $580 |
| 2 adults 1 child | $885 | $682 | $1,181 | $613 | $622 |
| 1 adult 1 child | $885 | $441 | $720 | $613 | $503 |
| 2 adults | $705 | $548 | $920 | $0 | $521 |
| 1 adult | $667 | $299 | $460 | $0 | $445 |
Safety trends & Data
Jeff Davis County, Texas, shows a potential decline in property crime over the past three years. Larceny-theft cases dropped from 3 in 2019 to none in 2022, and motor vehicle theft incidents decreased from 2 in 2019 to just 1 in 2022. One incident of vandalism was reported in 2022, appearing for the first time. These trends could signal increasing stability and safety, appealing to potential investors, homeowners, and real estate... Read more
Property Crime Trends in Jeff Davis County, TX Over the Last 3 Years
Recent data indicates Jeff Davis County, Texas, might be experiencing a slight decline in property crime over the past three years. Larceny-theft cases dropped from 3 in 2019 to 2 in 2020 and none reported in 2022. Motor vehicle theft also decreased from 2 incidents each in 2019 and 2020 to just 1 in 2022. Vandalism appeared for the first time in 2022 with 1 incident reported. This decline could be a positive signal for potential investors, homeowners, and real estate agents considering the stability or improvement in property-related crimes.
Demographics
Jeff Davis County, Texas, shows a slight male majority among adults and a workforce that may be considered moderately educated, with the highest educational level attained by a sizable portion being some college but no degree. The age distribution skews older, with significant portions of the population in the 55 to 64 and 65 to 74 age brackets, which may impact local healthcare and senior services. The racial makeup is predominantly White, with virtually no representation from Asian, American... Read more
Race Distribution in Jeff Davis County, Texas (2022)
Educational Attainment in Jeff Davis County, Texas (2022)
Age Distribution in Jeff Davis County, Texas
Citizen Population in Jeff Davis County, Texas (2022)
Political Trends & Data
Jeff Davis County, Texas, appears to have a predominantly conservative electorate, with a strong leaning towards the Republican party during the 2020 U.S. Presidential Election. While the Democratic vote share was notable, it was still considerably smaller, and support for Libertarian and Green party candidates was minimal. This political landscape could play a role in local policies and the real estate market, potentially favoring certain development and zoning decisions that align with... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jeff Davis County, Texas, the 2020 U.S. Presidential Election results showed a notable leaning towards the Republican party, possibly reflecting broader state trends. The Democrat share was significant but smaller, while Libertarian and Green party candidates received minimal support. These figures may imply a predominantly conservative voting base with limited influence from third parties.
60.08% of voters voted for the Republican party in the 2020 Presidential Election
38.39% of voters voted for the Democrat party in the 2020 Presidential Election
1.30% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Green party in the 2020 Presidential Election
School Data
Jeff Davis County, Texas has consistently boasted a lower-than-average student-to-teacher ratio, ranging between 5-to-1 and 7-to-1 over the past decade. This trend suggests a more personalized educational environment that could be attractive to families and educators, potentially making it a prime location for real estate investment. The commitment to education might also influence appraisals and insurance evaluations positively, highlighting community investment and possibly leading to higher... Read more
Student-to-teacher ratio in Jeff Davis County, Texas over the last 10 years
Jeff Davis County, Texas has consistently maintained a student-to-teacher ratio that is lower than the national average over the past decade, starting at 5 students per teacher in 2014 and reaching a high of 7 in 2016, with recent years stabilizing around 6 to 7 students per teacher. This trend could appeal to families, educators, and investors by indicating a more personalized educational environment, which might lead to higher quality education and better student outcomes. For real estate agents and those looking to build property, the lower student-to-teacher ratio could be a selling point for attracting families to the area. Furthermore, lower ratios could influence appraisals and insurance evaluations by highlighting community investment in education.
