Jim Hogg County Real Estate and Livability Trends
In Jim Hogg County, Texas, the average taxable income per tax return has experienced a rollercoaster ride, from $43,509.91 in 2013 dipping to $37,785.05 in 2016, and then climbing back to $42,659.22 by 2021. This wave of change potentially signals a resurgence in income levels, possibly drawing interest from investors and residents looking for growth areas. Real estate taxes rose from $2,782.35... Read more
Jim Hogg County Market Trends
Jim Hogg County, Texas, has seen its housing market undergo significant changes, with median home values rising from $68,500 in 2015 to $115,100 by 2022. Over the same period, Texas saw a steadier increase from $136,000 to $238,000. Residential energy tax credits fluctuated markedly, peaking at $2,233.33 in 2018 before settling at $1,500.00 by 2021, which could hint at changing energy... Read more
Median Value of Occupied Housing Units in Jim Hogg County, Texas Over the Last 8 Years
Jim Hogg County, Texas, has seen its median home values undergo significant shifts over the past eight years. Initially lagging behind state and national averages with home values lingering around $68,500 in 2015, the local market finally surged in recent years, jumping dramatically to $115,100 by 2022. This upward trend starkly contrasts with Texas' continuous but steadier increases, from $136,000 in 2015 to $238,000 in 2022, as well as the consistent national rise from $125,500 to $179,400. Such fluctuations in Jim Hogg County may hint at unique market dynamics or investment opportunities potentially driven by local factors.
Residential Energy Tax Credit Per Tax Return in Jim Hogg County, TX Over the Last 9 Years
Over the past nine years, Jim Hogg County, Texas, has seen substantial fluctuations in the average residential energy tax credit per tax return. Notably, from a modest $460.00 in 2013, the credit peaked significantly at $2,233.33 in 2018. Despite this peak, subsequent years showed a slight decline, settling at $1,500.00 by 2021. Such variability could reflect changing energy efficiency initiatives or shifts in taxpayer utilization, offering potential insights for investors, insurers, and real estate agents into patterns of energy-focused improvements and incentives within the area.
Average Real Estate Taxes Per Tax Return in Jim Hogg County, TX Over the Last 10 Years
Over the last decade, Jim Hogg County in Texas has experienced a notable increase in average real estate taxes per tax return, rising from approximately $2,782.35 in 2012 to about $3,600.00 in 2021. The peak was observed in 2018 with an average of $4,000.00. This general upward trend, with sporadic decreases, suggests a growing tax burden that could impact property investment decisions, home affordability, and insurance considerations. Collectively, these changes indicate an evolving economic landscape in Jim Hogg County that stakeholders should monitor closely.
Percentage of Farm Returns in Jim Hogg County, TX Over the Last 10 Years
Over the last decade, Jim Hogg County in Texas has seen a fluctuating yet overall increase in the percentage of farm tax returns, peaking at 10.10% in 2018. Farm tax returns are basically income tax returns filed by farmers to report earnings and expenses related to farming operations. This growth suggests a potentially thriving agricultural sector, which may be enticing for investors and individuals considering agricultural ventures or property development in the area. However, the recent slight decline to 8.67% in 2021 could indicate market adjustments or changes in farm operations that potential stakeholders should keep an eye on.
Number of Mortgages by Occupancy Type in Jim Hogg County, TX Over the Last 5 Years in Jim Hogg County
In Jim Hogg County, Texas, there has been a notable trend where the majority of mortgages over the last five years have been for principal residences, with 2021 hitting a high of 83. Investment properties have fluctuated but remained low, with a peak in 2020 at only 5, while second residences have consistently seen minimal activity. Changes in occupancy type may influence the local market dynamics significantly. For investors, understanding that primary residences dominate could indicate a stable, less speculative environment, while low numbers in investment properties might suggest limited opportunities for rental income properties. Appraisers and real estate agents might see this data as a sign of steady demand for homes. Insurance agents could gauge the risk levels and requirements based on the predominant homeownership type, while developers might prioritize projects that cater to primary residents to align with market demand.
Economic Outlook
Jim Hogg County, Texas, has seen its average taxable income per tax return swing from $43,509.91 in 2013 to $37,785.05 in 2016, then gradually climb back to $42,659.22 by 2021. This pattern hints at a potential income recovery, which could pique the interest of potential investors and residents. Additionally, the average total tax liability per tax return has fluctuated significantly, from a high of $7,369.34 in 2013 to a low of $4,661.29 in 2020, recovering slightly to $5,298.67 in 2021. These... Read more
Average Taxable Income per Tax Return in Jim Hogg County, TX over the last 9 years
Over the past nine years, Jim Hogg County, Texas, has seen notable fluctuations in the average taxable income per tax return. Starting from $43,509.91 in 2013, there was a general decline, hitting a low of $37,785.05 in 2016. However, post-2016, the region experienced a gradual rebound, reaching $42,659.22 by 2021. Despite these variations, the latest figures suggest potential income recovery, providing a cautiously optimistic outlook for potential investors and residents.
Average Total Tax Liability Per Tax Return in Jim Hogg County, TX Over the Last 10 Years
Over the past decade, Jim Hogg County, Texas has seen a fluctuating trend in average total tax liability per tax return, peaking at around $7,369.34 in 2013 and dipping to its lowest at approximately $4,661.29 in 2020. Despite a general decline since 2013, there was a slight rebound in 2021 to about $5,298.67. This volatility might interest potential investors and real estate professionals as they consider the financial landscape of this region. The fluctuating tax liabilities could impact property values, insurance premiums, and overall cost of living, making it an essential factor for prospective movers and appraisers alike.
Cost of Living in Jim Hogg County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,174 | $1,279 | $2,104 | $1,160 | $884 |
1 adult 4 children | $1,174 | $1,044 | $1,611 | $1,160 | $981 |
2 adults 3 children | $1,174 | $1,045 | $1,824 | $1,160 | $709 |
1 adult 3 children | $1,174 | $853 | $1,332 | $1,160 | $740 |
2 adults 2 children | $826 | $855 | $1,545 | $1,012 | $591 |
1 adult 2 children | $826 | $639 | $1,052 | $1,012 | $533 |
2 adults 1 child | $826 | $676 | $1,265 | $533 | $584 |
1 adult 1 child | $826 | $437 | $772 | $533 | $482 |
2 adults | $658 | $543 | $985 | $0 | $521 |
1 adult | $623 | $296 | $493 | $0 | $455 |
Safety trends & Data
Property crime trends in Jim Hogg County, Texas, have experienced some fluctuations over the past five years. In 2018, larceny-theft incidents were highest with 7 reports, while burglary and vandalism were relatively low. By 2020, burglary incidents had slightly increased to 3. Motor vehicle theft has been notably consistent, with one incident each year from 2019 to 2022. Additionally, 2021 saw the emergence of stolen property offenses with 2 reports. Investors, insurers, and residents might... Read more
Property Crime Trends in Jim Hogg County, TX Over the Last 5 Years
Property crime trends in Jim Hogg County, Texas, reveal some fluctuations over the past five years. In 2018, larceny-theft topped the list with a reported 7 incidents, while burglary and vandalism remained low. By 2020, burglary incidents saw a slight increase to 3. Notably, motor vehicle theft persisted consistently through the years, occurring once annually from 2019 to 2022. Interestingly, instances of stolen property offenses emerged in 2021 with 2 events. Investors, insurers, and residents might find the low overall crime rates encouraging for stability and safety in the area, yet should monitor for any emerging patterns in specific crime categories.
Demographics
Jim Hogg County, Texas, reflects an almost equal split between male and female adults. The majority of the population lacks higher education degrees, with many having only high school diplomas or less. Younger age groups dominate, particularly those under 25, which may influence educational and recreational resource planning. Predominantly White, the county's racial diversity is minimal, potentially impacting cultural and social programming... Read more
Race Distribution in Jim Hogg County, Texas (2022)
Educational Attainment in Jim Hogg County, Texas (2022)
Age Distribution in Jim Hogg County, Texas
Citizen Population in Jim Hogg County, Texas (2022)
Political Trends & Data
Jim Hogg County in Texas showed a notable Democratic preference in the 2020 U.S. Presidential election, capturing around 59% of the vote compared to approximately 41% for the Republican party. This trend is intriguing as it contrasts with Texas's traditional Republican leanings, highlighting potential political shifts at the county level. Libertarian and Green parties had minimal impact, together garnering less than 1% of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jim Hogg County in Texas appeared to lean towards the Democratic party in the 2020 U.S. Presidential election, with approximately 59% of the vote, compared to about 41% for the Republican party. Libertarian and Green parties barely made a mark, collectively accounting for less than 1% of the vote. This trend suggests a potentially solid Democratic preference in this county, an interesting data point given Texas's reputation as a traditionally Republican stronghold.
40.91% of voters voted for the Republican party in the 2020 Presidential Election
58.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.20% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% of voters voted for the Green party in the 2020 Presidential Election
School Data
Jim Hogg County, Texas has often maintained a student-to-teacher ratio below the national average of 14:1 over the past decade, peaking at 14:1 in 2021, but later dropping to just over 12:1. This could mean more personalized attention for students, potentially attracting families and serving as a selling point for real estate agents. However, the variability suggests shifting factors such as teacher retention or enrollment changes, which might require further... Read more
Student-to-teacher ratio in Jim Hogg County, Texas over the last 10 years
Over the past decade, the student-to-teacher ratio in Jim Hogg County, Texas has fluctuated but often remained below the national average of fourteen students per teacher. Notably, the ratio peaked at fourteen students per teacher in 2021, before dropping to just over twelve in subsequent years. This lower student-to-teacher ratio could imply more personalized attention for students, a potential draw for families considering relocation and a point of interest for educators and real estate agents highlighting the area's educational benefits. However, the fluctuations suggest variable factors like teacher retention or student enrollment changes, which might be worth investigating for those invested in the region.