Jefferson County Real Estate and Livability Trends
Jefferson County, Texas, showcases a dynamic real estate market with median home values jumping from $97,900 in 2015 to $151,500 in 2022, creating opportunities for budget-conscious investors. Taxable incomes rose significantly from $54,806.89 in 2013 to $67,343.79 in 2021, suggesting economic growth. However, increasing property taxes from $4,123.09 in 2012 to $6,805.20 in 2021 heighten... Read more
Jefferson County Market Trends
Jefferson County, Texas has experienced a notable rise in median home values, from $97,900 in 2015 to $151,500 in 2022, which, while significant, trails behind the broader state average. This more affordable market can appeal to budget-conscious buyers and investors looking for growth potential without the high entry cost. Real estate taxes have also increased from $4,123.09 in 2012 to $6,805.20... Read more
Median Value of Occupied Housing Units in Jefferson County, Texas Over the Last 8 Years
Over the past eight years, Jefferson County, Texas has seen a consistent rise in median home values, from $97,900 in 2015 to $151,500 in 2022. While this growth is significant, it remains lower than the state's increase from $136,000 to $238,000 during the same period. Compared to the national trend, which saw values increase from $125,500 to $179,400, Jefferson County may present a relatively more affordable option with potential for appreciation. This trend may appeal to budget-conscious buyers, investors eyeing value growth, and those seeking to build property without the premium costs seen in broader markets.
Residential Energy Tax Credit Per Tax Return in Jefferson County, TX Over the Last 9 Years
Jefferson County, Texas has seen notable fluctuations in the average residential energy tax credit per tax return over the past nine years, peaking significantly in 2021 at $2007.17. Beginning at $308.94 in 2013, there's been a substantial overall increase with particularly steep jumps between 2016 and 2018, where the average credit soared to $1936.79 by 2018. These upward trends suggest a growing emphasis on energy-efficient home improvements, which could be appealing to potential property investors, builders, and homeowners looking to capitalize on substantial tax benefits. Understanding these dynamics might be critical for insurance agents and appraisers who need to consider the valuation impacts of such energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Jefferson County, TX Over the Last 10 Years
Real estate taxes in Jefferson County, Texas have shown a consistent upward trend over the past decade, with an average increase from about $4,123.09 in 2012 to roughly $6,805.20 in 2021. This nearly $2,700 jump in ten years could impact decisions for investors and homebuyers, indicating potentially rising property values but also increased carrying costs. Adjustments in these tax levels may also influence appraisers' market assessments and insurance agents' coverage recommendations.
Percentage of Farm Returns in Jefferson County, TX Over the Last 10 Years
Farm tax returns in Jefferson County, Texas, have mostly hovered around the 1.00% mark over the past decade, dipping slightly below that number in a few years. This suggests that agriculture remains a small but steady segment of the local economy. For investors, this consistency could imply a relatively stable investment environment for agricultural ventures. Those considering moving to or developing property in the area might find the agricultural sector to be a minor influence on broader economic trends, yet potentially beneficial for specific niche markets.
Number of Mortgages by Occupancy Type in Jefferson County, TX Over the Last 5 Years in Jefferson County
Jefferson County, Texas has shown a notable trend in mortgage counts over the past five years, with principal residence mortgages outpacing those for investment and second residences. This pattern could signal a robust interest in long-term homeownership, potentially stabilizing the local market. Investors might find this appealing as steady principal residence figures can often mean a lower vacancy risk. For real estate agents, understanding this dynamic can tailor their strategies to emphasize homes suitable for primary living. Appraisers and insurance agents should note the high volume of principal residence mortgages when assessing property values and risk profiles. Builders and developers might want to consider focusing on residential projects that cater to long-term homeowners, reflecting the prevailing preference in the area.
Economic Outlook
Jefferson County, Texas, has shown interesting trends in its real estate market through fluctuating economic indicators. Average taxable incomes have increased from $54,806.89 in 2013 to $67,343.79 in 2021, particularly robust between 2017 and 2021, hinting at growing prosperity. State and local income taxes have varied significantly, dropping to $3,707.69 in 2016 before rising to $7,226.00 in 2021, suggesting economic cycles or shifts in tax policies. Peaks in total tax liability in years like... Read more
Average Taxable Income per Tax Return in Jefferson County, TX over the last 9 years
Jefferson County, Texas has seen fluctuations in average taxable income per tax return over the past nine years, with notable increases from 2013's $54,806.89 to 2021's $67,343.79. Particularly strong growth occurred between 2017 and 2021, which may suggest economic resilience or rising prosperity in the area. Such income trends could be significant for investors, real estate agents, and those considering relocation, indicating potential for increased purchasing power and economic stability.
Average State and Local Income Taxes Per Tax Return in Jefferson County, TX Over the Last 10 Years
Over the last decade, Jefferson County, Texas, has experienced notable fluctuations in average state and local income taxes per tax return. In 2012, the average was $6918.52, but it dropped to a low of $3707.69 in 2016 before surging to $7226.00 by 2021. These variances could suggest economic cycles impacting the tax revenues or changes in tax policies and incomes over time. Such insights might interest potential investors and real estate professionals by indicating economic vitality and potential tax burdens for residents.
Average Total Tax Liability Per Tax Return in Jefferson County, TX Over the Last 10 Years
In Jefferson County, Texas, the average total tax liability per tax return has shown notable fluctuations over the past decade. Peaks were reached in years like 2014 and 2021, with liabilities hitting approximately $11,719.63 and $11,571.77 respectively. Conversely, there's a noticeable dip in 2016, where the average liability dropped to around $9,453.20. Understanding these variabilities might be crucial for anyone considering moving to or investing in the area, as shifting tax burdens can influence the overall financial climate of the county.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,359 | $1,291 | $1,804 | $1,315 | $821 |
| 1 adult 4 children | $1,359 | $1,054 | $1,378 | $1,315 | $913 |
| 2 adults 3 children | $1,359 | $1,055 | $1,566 | $1,315 | $662 |
| 1 adult 3 children | $1,359 | $861 | $1,140 | $1,315 | $718 |
| 2 adults 2 children | $1,039 | $863 | $1,327 | $1,144 | $583 |
| 1 adult 2 children | $1,039 | $645 | $902 | $1,144 | $518 |
| 2 adults 1 child | $1,039 | $682 | $1,089 | $588 | $558 |
| 1 adult 1 child | $1,039 | $441 | $664 | $588 | $468 |
| 2 adults | $859 | $548 | $851 | $0 | $494 |
| 1 adult | $801 | $299 | $425 | $0 | $435 |
Safety trends & Data
Jefferson County, Texas has seen fluctuating property crime rates over the past five years, with burglary arrests rising to a peak of 119 in 2022 from a low of 63 in 2018. Larceny-theft began high at 431 in 2018 but stayed noteworthy at 414 by 2022. Motor vehicle theft has varied annually without a clear trend, hovering between 69 and 99 incidents. Significant increases in fraud and forgery cases in 2022, reaching 67 and 44 respectively, underscore the potential impacts on investment decisions,... Read more
Property Crime Trends in Jefferson County, TX Over the Last 5 Years
Jefferson County, Texas has experienced fluctuating property crime rates over the past five years. Burglary arrests have generally increased, peaking at 119 in 2022 from a low of 63 in 2018. Larceny-theft, while initially high at 431 in 2018, shows a decrease in mid-years but remains significant at 414 by 2022. Instances of motor vehicle theft varied, with no clear trend but holding between 69 and 99 annually. Notably, cases of fraud and forgery saw substantial increases in 2022, reaching 67 and 44 respectively. This variability in property crime highlights the need for ongoing vigilance and may influence investment decisions, property insurance rates, and overall community safety strategies.
Demographics
Jefferson County, Texas, shows a balanced gender distribution with slight male predominance. Education levels indicate a high school graduation rate but fewer attain higher education like a bachelor's or graduate degree. Age-wise, the youth population under 34 dominates, while there's a noticeable drop-off in older age brackets. Racially, the county is diverse, though the majority are White, followed by a significant Black or African American community. These trends could suggest shifts in... Read more
Race Distribution in Jefferson County, Texas (2022)
Educational Attainment in Jefferson County, Texas (2022)
Age Distribution in Jefferson County, Texas
Citizen Population in Jefferson County, Texas (2022)
Political Trends & Data
In Jefferson County, Texas, the 2020 U.S. Presidential Election results indicated a narrow lead for the Republican party with just over 50% of the vote, while the Democratic party secured nearly 49%. This slim margin could hint at a more politically balanced electorate in the area, challenging the stereotypical notion of Texas as a predominantly Republican state. The Libertarian and Green parties barely registered, each securing less than 1% of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jefferson County, Texas, the Republican party seemingly held a narrow lead over the Democratic party in the 2020 U.S. Presidential Election, with just over 50% of the vote compared to nearly 49% for the Democrats. The Libertarian and Green parties garnered minimal support, collecting under 1% and around 0.2%, respectively. This slim margin between Republicans and Democrats might suggest a more politically balanced electorate in this area than one might expect for Texas.
50.20% of voters voted for the Republican party in the 2020 Presidential Election
48.62% of voters voted for the Democrat party in the 2020 Presidential Election
0.95% 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
Jefferson County, Texas has experienced varying student-to-teacher ratios over the past decade, fluctuating from around 14 students per teacher in 2014 to a high of 21 in 2022, settling back to 14 in 2023. This instability may influence investors, potential residents, and others assessing the region, given its potential impact on classroom dynamics and educational... Read more
Student-to-teacher ratio in Jefferson County, Texas over the last 10 years
Over the past decade, Jefferson County, Texas has seen fluctuations in its student-to-teacher ratio. Starting from a near-average ratio of about 14 students per teacher in 2014, it spiked significantly to nearly 21 students per teacher in 2022, before dropping back to below the national average in 2023 with approximately 14 students per teacher again. This instability in the student-to-teacher ratio can affect classroom dynamics, teacher workloads, and educational quality, which might be a point of concern for investors, potential residents, appraisers, insurance agents, and others interested in the region. This data can provide key insights for those considering educational resources as a factor for their decision-making.
