Kaufman County Real Estate and Livability Trends
Kaufman County, Texas, has seen median home values soar from $134,700 in 2015 to $256,900 by 2022, suggesting strong demand that could entice homeowners or investors. The average real estate taxes per tax return rose from $3,883.37 in 2012 to $6,907.05 in 2021, reinforcing the notion of rising property values and an energizing local economy. Despite these signs of growth, the fluctuating data on... Read more
Kaufman County Market Trends
Kaufman County, Texas, has experienced a remarkable rise in median home values, jumping from $134,700 in 2015 to $256,900 in 2022, outpacing state and national trends. This suggests robust demand and could make the county an attractive prospect for homeowners or investors. Residential energy tax credits per tax return have substantial growth, peaking at $3,168.21 in 2021, likely reflecting... Read more
Median Value of Occupied Housing Units in Kaufman County, Texas Over the Last 8 Years
Over the past eight years, Kaufman County, Texas, has seen a significant surge in median home values, rising from $134,700 in 2015 to $256,900 in 2022. This increase outpaces both the state of Texas and national trends, reflecting a robust demand and potentially making it an appealing option for prospective homeowners or investors. While Texas saw a more modest increase from $136,000 to $238,000, the national median value moved from $125,500 to $179,400 during the same period. This accelerated growth in Kaufman County may hint at growing economic opportunities and developmental prospects in the area.
Residential Energy Tax Credit Per Tax Return in Kaufman County, TX Over the Last 9 Years
Over the past nine years, Kaufman County, Texas has seen a notable increase in residential energy tax credits per tax return, peaking from $332.29 in 2013 to $3168.21 in 2021. The most dramatic rise occurred between 2016 and 2018, jumping from $697.70 to $3268.57, likely indicative of heightened investment in energy-efficient home improvements or solar installations during this period. For potential investors or those in the real estate, insurance, and construction sectors, this trend may signal growing interest in energy efficiency and possible opportunities for related services or financial incentives. This data could also be valuable for appraisers seeking to understand property value enhancements linked to energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Kaufman County, TX Over the Last 10 Years
Over the past decade, Kaufman County, Texas has seen a gradual increase in average real estate taxes per tax return, rising from $3,883.37 in 2012 to $6,907.05 in 2021. This steady growth in property taxes could indicate rising property values and a robust local economy, which might appeal to investors and real estate professionals. However, existing and prospective homeowners may want to carefully consider this upward trend when planning long-term finances or considering new property investments in the area.
Percentage of Farm Returns in Kaufman County, TX Over the Last 10 Years
The percentage of farm tax returns in Kaufman County, Texas has been gradually declining over the past decade, starting from roughly 4.44% in 2012 to around 2.72% in 2021. Farm tax returns reflect the number of tax filings attributed to farming income as opposed to other income sources. This decrease may suggest a shift in the local economy away from agriculture or could indicate changes in farming profitability and operational scale. Investors, developers, and new residents might find this trend indicative of evolving land use, economic diversification, or shifts in the local labor market. Understanding these dynamics can provide valuable insights for making informed decisions in Kaufman County.
Number of Mortgages by Occupancy Type in Kaufman County, TX Over the Last 5 Years in Kaufman County
Kaufman County, Texas has shown a significant year-over-year increase in mortgages for principal residences, peaking at over 19,000 in 2021 before a notable decline in 2022. Investment property mortgages also saw an initial rise, peaking in 2021 and then dropping sharply the following year. Second residence mortgages have consistently remained low. These fluctuations suggest varying levels of market confidence, attractiveness of rental and vacation markets, and shifts in the affordability or desirability of primary homes, all of which are crucial for investors, realtors, appraisers, and those planning to move or develop properties in Kaufman County. The data also potentially reflect broader economic factors, possibly including changes in interest rates, housing policies, or economic conditions influencing purchasing power and investment opportunities.
Economic Outlook
Kaufman County, Texas has experienced a notable rise in average taxable income per tax return, from $53,590.62 in 2013 to $69,275.61 in 2021, hinting at a strengthening local economy. Although state and local income taxes have fluctuated significantly, hitting a peak in 2020 at $6,535.29, such volatility may influence financial strategies. Average total tax liabilities also increased, reaching $9,787.56 in 2021, suggesting potential economic growth but impacting affordability. Meanwhile, the... Read more
Average Taxable Income per Tax Return in Kaufman County, TX over the last 9 years
Over the past nine years, Kaufman County, Texas has experienced a notable upward trend in average taxable income per tax return, rising from $53,590.62 in 2013 to $69,275.61 in 2021. This growth may signal a strengthening local economy and could indicate improving financial health for residents, making Kaufman County an appealing prospect for potential investors, real estate developers, and those considering relocation. The relatively consistent increase—aside from a minor dip in 2019—suggests stability and long-term growth potential, which may be attractive for appraisers and insurance agents evaluating property and risk assessments within the region.
Average State and Local Income Taxes Per Tax Return in Kaufman County, TX Over the Last 10 Years
Kaufman County, Texas has seen significant fluctuations in average state and local income taxes per tax return over the past decade, with figures oscillating between roughly $4,405.36 and $6,535.29. Such volatility might be indicative of broader economic shifts and local policy changes, potentially influencing financial planning, property investment decisions, and tax-related strategies for individuals and businesses. While the peak in 2020 at $6,535.29 could suggest a temporary uptick in tax liabilities, earlier dips present a more complex fiscal landscape that investors, real estate agents, and financial advisors should consider when strategizing for the county's future.
Average Total Tax Liability Per Tax Return in Kaufman County, TX Over the Last 10 Years
Over the last decade, Kaufman County, Texas, has seen a notable uptick in the average total tax liability per tax return. In 2012, the average was around $7,983.87, gradually increasing to approximately $9,787.56 by 2021. Investors and homeowners may interpret these rising tax liabilities as an indicator of economic growth and potentially rising property values in the area. However, this could also impact affordability and the overall cost of living, making it essential for anyone interested in Kaufman County to weigh these factors carefully.
Cost of Living in Kaufman County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,777 | $1,347 | $1,722 | $1,754 | $1,224 |
| 1 adult 4 children | $1,777 | $1,100 | $1,315 | $1,754 | $1,405 |
| 2 adults 3 children | $1,777 | $1,101 | $1,495 | $1,754 | $1,032 |
| 1 adult 3 children | $1,777 | $898 | $1,088 | $1,754 | $1,180 |
| 2 adults 2 children | $1,410 | $901 | $1,267 | $1,526 | $837 |
| 1 adult 2 children | $1,410 | $673 | $861 | $1,526 | $893 |
| 2 adults 1 child | $1,410 | $712 | $1,040 | $786 | $771 |
| 1 adult 1 child | $1,410 | $460 | $634 | $786 | $703 |
| 2 adults | $1,195 | $572 | $813 | $0 | $649 |
| 1 adult | $1,135 | $312 | $407 | $0 | $568 |
Safety trends & Data
Property crime trends in Kaufman County, Texas have fluctuated over the last five years, with larceny-theft consistently topping the list and peaking at 451 incidents in 2020. Burglary saw a significant rise in 2020 with 71 cases but dropped to 35 by 2022, and motor vehicle theft showed a moderate increase. The erratic nature of crimes such as arson, which doubled in 2020, and fraud and vandalism may be influenced by economic and social factors, highlighting the importance for real estate... Read more
Property Crime Trends in Kaufman County, TX Over the Last 5 Years
Property crime trends in Kaufman County, Texas indicate a noticeable fluctuation over the last five years, with larceny-theft consistently being the most prevalent crime, peaking in 2020 with 451 reported incidents. Burglary incidents saw a significant rise in 2020, reaching 71 cases, only to drop to 35 by 2022. Motor vehicle theft showed a moderate increase, while incidents of arson, although minimal, doubled in 2020 from the previous years. The erratic nature of crimes like fraud and vandalism reflects underlying economic and social factors, making it crucial for real estate agents and developers to consider these trends when advising clients or planning new projects.
Demographics
Kaufman County, Texas, shows an almost evenly split adult population between males and females, hinting at a balanced gender ratio. Educationally, a substantial portion of the population holds a high school diploma or some college experience, emphasizing a community likely striving for higher learning but with room for improvement in degree attainment. The age distribution suggests a relatively young population but with notable representation in mid-life and older age groups, indicating... Read more
Race Distribution in Kaufman County, Texas (2022)
Educational Attainment in Kaufman County, Texas (2022)
Age Distribution in Kaufman County, Texas
Citizen Population in Kaufman County, Texas (2022)
Political Trends & Data
Kaufman County, Texas, saw a clear preference for the Republican party in the 2020 U.S. Presidential Election, with around two-thirds of the votes. Democrats captured about one-third, and minor parties like the Libertarian and Green parties had negligible impact. This conservative tilt might influence local policy and political approaches, reflecting a community with firm traditional... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Kaufman County, Texas, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican party, which garnered approximately two-thirds of the votes. Democrats received about a third, while minor parties like the Libertarian and Green barely made a dent with less than one percent each. This could imply a relatively stable conservative base, potentially impacting local policy and political strategies.
66.34% of voters voted for the Republican party in the 2020 Presidential Election
32.45% of voters voted for the Democrat party in the 2020 Presidential Election
0.93% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
Kaufman County, Texas has seen its student-to-teacher ratio peak at 22 students per teacher in 2019 before settling back to around 14 students, slightly below the national average. These trends can affect property values positively, attracting families seeking better educational outcomes, making it a key talking point for real estate agents. Appraisers and insurance agents might also consider this data when evaluating community growth and stability, while potential homeowners and developers... Read more
Student-to-teacher ratio in Kaufman County, Texas over the last 10 years
Over the past decade, Kaufman County, Texas has seen fluctuations in its student-to-teacher ratio, peaking in 2019 at 22 students per teacher. Recently, however, it has returned to around 14 students per teacher, slightly below the US national average. These changes could impact investment decisions, as lower ratios often correlate with better educational outcomes, which may boost property values and attract families. Real estate agents might find this data valuable when promoting the quality of local schools, while appraisers and insurance agents could use this information to assess community growth and stability. For potential homeowners and developers, a stable or improving educational environment can be a significant factor in choosing Kaufman County.
