Karnes County Real Estate and Livability Trends
Karnes County, Texas has seen fluctuating average taxable incomes, peaking at $130,162.99 in 2014, potentially influenced by the oil industry. Median home values rose from $87,200 in 2015 to $137,800 by 2022, offering affordable options compared to Texas's $238,000 average. Real estate taxes surged to $5,821.74 in 2019, likely due to rising property values or changing regulations. Smaller class... Read more
Karnes County Market Trends
Karnes County, Texas has seen its median home values climb from $87,200 in 2015 to $137,800 by 2022, offering more affordable property options compared to the state's average of $238,000. The substantial growth in residential energy tax credits, from $390.00 in 2013 to $2,140.00 in 2021, indicates a shift toward energy-efficient home improvements, potentially bolstered by favorable policies. Real... Read more
Median Value of Occupied Housing Units in Karnes County, Texas Over the Last 8 Years
Karnes County, Texas has seen its median home values climb markedly over the last eight years, starting at $87,200 in 2015 and reaching $137,800 by 2022. Despite this increase, home values there remain significantly lower than both Texas' average of $238,000 and the national average of $179,400. This disparity could present a compelling opportunity for investors looking for more affordable property options with potential for growth, or for those wishing to move to a less expensive yet increasingly valuable area.
Residential Energy Tax Credit Per Tax Return in Karnes County, TX Over the Last 8 Years
Over the past eight years, Karnes County, Texas has seen significant growth in the average residential energy tax credit per tax return. Starting from $390.00 in 2013, the value has consistently increased, witnessing a substantial jump in 2020 to $1,500.00 and reaching $2,140.00 by 2021. This upward trend may reflect broader adoption of energy-efficient home improvements and possibly more favorable state or federal energy policies. For potential investors or property builders, this trend highlights a growing interest in sustainable living, which could influence future property values and marketability.
Average Real Estate Taxes Per Tax Return in Karnes County, TX Over the Last 10 Years
Over the past decade, Karnes County, Texas has seen real estate taxes per tax return fluctuate significantly, with a notable upward trend. Starting at roughly $2,772.73 in 2012, the numbers dipped slightly in 2013, only to demand more from local property owners each subsequent year, peaking at about $5,821.74 in 2019. These rising taxes suggest a potentially increasing property valuation or changes in tax policy, making it crucial for investors, property developers, and homebuyers to factor these increases into their financial planning. For real estate agents and appraisals, understanding this trend could provide insights into the area's market dynamics and future projections.
Percentage of Farm Returns in Karnes County, TX Over the Last 10 Years
In Karnes County, Texas, over the last decade, the percentage of farm tax returns has typically fluctuated between 13.48% and 16.75%, peaking in 2018 at 16.75%. Farm tax returns generally relate to the income that farmers report to the IRS, indicating how well the agricultural sector is performing. This data can provide insights into the stability and growth potential of the local agricultural industry, which is crucial for prospective investors, developers, and residents who are considering moving to or expanding within the county. A noticeable dip to 13.48% in 2020 suggests there may have been challenges, possibly related to broader economic or environmental factors.
Number of Mortgages by Occupancy Type in Karnes County, TX Over the Last 5 Years in Karnes County
Investment properties in Karnes County, Texas, have experienced a noticeable fluctuation over the past five years, peaking in 2018 and 2020 but dipping significantly in 2022. Principal residences saw a rise in interest, particularly in 2021, which may suggest a growing trend in people settling in the area as their main home. Second residences, while the smallest segment, showed an increase in 2021, indicating a potential uptick in vacation homes or part-time dwellings. These shifts could be relevant for investors and real estate agents, hinting at varying demands that might affect property values, insurance rates, and the potential for rental income. Understanding these trends may also offer crucial insights for appraisers and builders looking to align their strategies with emerging market dynamics.
Economic Outlook
Karnes County, Texas has seen significant fluctuations in average taxable income per tax return over the past nine years. Peaks in 2014 at $130,162.99 and 2018 at $113,422.97 contrast sharply with the lows in 2016 at $75,590.71 and 2020 at $79,902.04, suggesting that local economic factors, perhaps tied to the oil industry, heavily influence income variability. State and local income taxes per tax return have decreased from $3,433.33 in 2013 to about $3,150.00 in 2015, potentially making the... Read more
Average Taxable Income per Tax Return in Karnes County, TX over the last 9 years
Karnes County, Texas has shown fluctuations in average taxable income per tax return over the past nine years, suggesting a volatile economic landscape. Peak incomes were observed in 2014 at $130,162.99 and in 2018 at $113,422.97, while notably lower averages occurred in 2016 at $75,590.71 and 2020 at $79,902.04. This pattern could indicate that local economic factors, possibly influenced by the oil industry, play a significant role in income variability. For investors, realtors, and those considering a move to Karnes County, understanding these income trends might offer valuable insights into the stability and growth potential of the region's economy.
Average State and Local Income Taxes Per Tax Return in Karnes County, TX Over the Last 2 Years
In Karnes County, Texas, the average state and local income taxes per tax return have shown a decrease over the past two years, from approximately $3,433.33 in 2013 to about $3,150.00 in 2015. Such a reduction could potentially make the area more appealing for potential investors and new residents looking to optimize their tax liabilities. For property developers, real estate agents, appraisers, and insurance agents, these dynamics might influence property valuations, market demand, and overall economic outlook in the county.
Average Total Tax Liability Per Tax Return in Karnes County, TX Over the Last 10 Years
Karnes County, Texas has shown notable variability in average total tax liability per tax return over the last decade, with highs potentially reflecting economic peaks and lows possibly indicating downturns. The highest average liability was recorded in 2014 at $45,517.83, coinciding with the oil boom, while the lowest occurred in 2020 at $20,404.22, likely impacted by the COVID-19 pandemic. This fluctuating landscape might appeal to savvy investors and real estate agents who are keeping an eye on market timing and tax implications. Additionally, insurers and appraisers could potentially see shifting values in property assessments tied to these economic changes.
Cost of Living in Karnes County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,234 | $1,243 | $1,938 | $1,508 | $934 |
| 1 adult 4 children | $1,234 | $1,015 | $1,484 | $1,508 | $1,059 |
| 2 adults 3 children | $1,234 | $1,015 | $1,681 | $1,508 | $765 |
| 1 adult 3 children | $1,234 | $829 | $1,226 | $1,508 | $851 |
| 2 adults 2 children | $879 | $831 | $1,424 | $1,315 | $645 |
| 1 adult 2 children | $879 | $621 | $969 | $1,315 | $592 |
| 2 adults 1 child | $879 | $657 | $1,167 | $689 | $597 |
| 1 adult 1 child | $879 | $424 | $712 | $689 | $501 |
| 2 adults | $778 | $528 | $910 | $0 | $524 |
| 1 adult | $647 | $288 | $455 | $0 | $437 |
Safety trends & Data
Karnes County, Texas, has experienced notable shifts in property crime over the past five years, with a peak in burglaries in 2019 at 24 incidents, plummeting to just 1 in 2020. Larceny-theft was at its height in 2018 with 55 incidents, followed by a significant decline. Motor vehicle theft peaked in 2019 but saw a dramatic reduction by 2022. These trends may reflect evolving economic or social dynamics, offering key insights for potential investors, real estate agents, and insurance... Read more
Property Crime Trends in Karnes County, TX Over the Last 5 Years
Over the past five years, Karnes County, Texas, has seen significant fluctuations in property crimes. The most notable peak in burglaries occurred in 2019 with 24 incidents, a stark contrast to just 1 in 2020. Larceny-theft has consistently been the most prevalent property crime, peaking in 2018 with 55 reported incidents, before dropping sharply in subsequent years. Vandalism has remained relatively steady, though there was a small uptick in 2020. Interestingly, the category of motor vehicle theft saw a peak in 2019 but declined drastically by 2022. These shifts could indicate changing economic or social dynamics within the county, valuable for potential investors, real estate agents, and insurance professionals to consider.
Demographics
Karnes County, Texas, shows a notable gender imbalance, with males outnumbering females. The area’s educational attainment is diverse, but a significant portion of residents have only completed high school or have some college experience without obtaining a degree. The population tends to be younger, with a sizable segment under the age of 35, perhaps indicating a shifting demographic trend. In terms of racial composition, the county is predominantly White, while other racial groups are... Read more
Race Distribution in Karnes County, Texas (2022)
Educational Attainment in Karnes County, Texas (2022)
Age Distribution in Karnes County, Texas
Citizen Population in Karnes County, Texas (2022)
Political Trends & Data
In Karnes County, Texas, political leanings from the 2020 U.S. Presidential Election highlight a strong Republican presence, capturing over 75% of the vote. Democrats garnered just under 24%, while Libertarian and Green parties combined drew about 1%. This pronounced conservative preference may shape local policies and community priorities, potentially impacting property development and investment... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Karnes County, Texas seems to lean heavily Republican, with over 75% of the vote going to the GOP during the 2020 U.S. Presidential Election. Democrats secured just under 24% of the vote, while the Libertarian and Green parties combined accounted for around 1% of the total. This distribution might suggest a strong conservative tilt in the local electorate, which could influence not just national elections but local policies and community priorities as well.
75.55% of voters voted for the Republican party in the 2020 Presidential Election
23.50% of voters voted for the Democrat party in the 2020 Presidential Election
0.57% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% 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
In Karnes County, Texas, the student-to-teacher ratio has consistently been below the national average of 14 students per teacher over the past decade, ranging from 11 in 2016 to almost 13 in 2021. This trend of relatively small class sizes might appeal to families looking for personalized attention in education, potentially enhancing community satisfaction and making the area more attractive to real estate investors and appraisers. Lower ratios often hint at better educational outcomes, adding... Read more
Student-to-teacher ratio in Karnes County, Texas over the last 10 years
Over the past decade, Karnes County, Texas has consistently maintained a student-to-teacher ratio below the national average of 14 students per teacher. The ratio ranged from 11 in 2016 to a high of nearly 13 in 2021, indicating relatively small class sizes which could be appealing for families seeking more personalized attention for their children. Real estate investors, appraisers, and those considering moving to the area might find these figures encouraging, as lower student-to-teacher ratios often correlate with higher educational outcomes and community satisfaction.
