Kent County Real Estate and Livability Trends
Kent County, Texas has seen its median home values rebound to $91,400 in 2021 after noticeable drops in 2018 and 2019, contrasting with the steady growth at state and national levels. The county's economic climate appears to be on the upswing, with average taxable income rising from $44,288.57 in 2016 to $62,731.25 in 2021, potentially appealing to investors. Despite property crime fluctuations,... Read more
Kent County Market Trends
Kent County, Texas's real estate market has shown unique variability in median home values, dropping noticeably in 2018 and 2019 before rebounding to $91,400 in 2021. This contrasts sharply with the steady growth at state and national levels, possibly hinting at distinctive market conditions or investment potential. The county also maintains steady agricultural activity, with farm tax returns... Read more
Median Value of Occupied Housing Units in Kent County, Texas Over the Last 8 Years
Kent County, Texas, has experienced significant fluctuations in median home values over the past eight years, with a noticeable dip in 2018 and 2019 before rebounding to $91,400 in 2021. This variance is in stark contrast to the consistent upward trajectory observed at the state and national levels, where Texas saw values rise from $136,000 in 2015 to $238,000 in 2022, and the national average increased from $125,500 to $179,400 in the same period. These trends might signal unique market conditions or investment opportunities in Kent County compared to broader regional markets.
Percentage of Farm Returns in Kent County, TX Over the Last 10 Years
Over the last decade, Kent County, Texas has seen fluctuations in the percentage of farm returns, generally hovering around the high 20s to low 30s. The percentage peaked at 31.43% in 2015 but saw a notable dip to 22.86% in 2016, before stabilizing again around the 27% mark in more recent years. Farm tax returns are annual filings that report income and expenses from farming operations, which provides insights into the financial health and activity level of agricultural businesses in the area. These trends could be useful for those looking to invest in, build property in, or move to Kent County, indicating the potential viability and steadiness of agriculture, a cornerstone of the local economy.
Number of Mortgages by Occupancy Type in Kent County, TX Over the Last 5 Years in Kent County
The mortgage trends in Kent County, Texas over the last five years show a consistent interest in principal residences, dominating the landscape with numbers varying from 16 to 25 annually. Second residences exhibit more volatility, peaking at 7 in 2019 but generally hovering lower. Investment properties maintain minimal activity with values not exceeding 2 mortgages per year. This shift towards fewer second homes and investment properties, in favor of principal residences, might indicate a stable, resident-focused market. For investors, this could mean limited competition in rental or secondary markets. Meanwhile, for those looking to move, the emphasis on principal homes suggests a community-centric environment. Appraisers, developers, and insurance agents might find this useful for assessing property values and risk profiles, given the clear preference for principal residences.
Economic Outlook
Kent County, Texas has seen its average taxable income recover from $44,288.57 in 2016 to $62,731.25 in 2021, indicating possible economic growth that could attract investors and real estate agents. The average total tax liability per tax return also displays significant fluctuations, with a peak of $15,937.50 in 2012 and a low of about $7,100.00 in 2016, stabilizing at $9,033.33 in 2021. These trends suggest shifting economic activities and a potentially evolving taxpayer base, emphasizing the... Read more
Average Taxable Income per Tax Return in Kent County, TX over the last 9 years
Kent County, Texas has experienced some notable fluctuations in average taxable income over the past nine years, with a general upward trend. The average taxable income saw a drop from $54,411.76 in 2014 to $44,288.57 in 2016, but has since recovered and reached $62,731.25 in 2021. This increasing average taxable income could suggest a growing economic vitality in the area, making it an interesting prospect for investors and real estate agents. However, the volatility indicates potential risks that appraisers and insurance agents might want to keep an eye on when assessing property values and insurance premiums.
Average Total Tax Liability Per Tax Return in Kent County, TX Over the Last 10 Years
In Kent County, Texas over the last decade, average total tax liability per tax return has experienced significant fluctuations, peaking at $15,937.50 in 2012 before dropping to a low of approximately $7,100.00 in 2016. Post-2016, there's been a modest but steady increase, with recent years stabilizing around $9,033.33 in 2021. These trends could hint at evolving economic activities, shifts in taxpayer base, or other local factors influencing financial obligations. For those vested in the region, understanding these patterns may be crucial for financial planning, investment, and property valuation.
Cost of Living in Kent County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,161 | $1,363 | $2,155 | $1,062 | $939 |
| 1 adult 4 children | $1,161 | $1,113 | $1,651 | $1,062 | $1,037 |
| 2 adults 3 children | $1,161 | $1,114 | $1,869 | $1,062 | $751 |
| 1 adult 3 children | $1,161 | $909 | $1,364 | $1,062 | $806 |
| 2 adults 2 children | $885 | $912 | $1,582 | $928 | $655 |
| 1 adult 2 children | $885 | $681 | $1,078 | $928 | $600 |
| 2 adults 1 child | $885 | $721 | $1,295 | $495 | $646 |
| 1 adult 1 child | $885 | $465 | $791 | $495 | $514 |
| 2 adults | $705 | $579 | $1,009 | $0 | $560 |
| 1 adult | $667 | $316 | $504 | $0 | $470 |
Safety trends & Data
Kent County, Texas has experienced variable trends in property crimes. Notably, larceny-theft instances rose from 1.00 in 2018 to 3.00 in 2020, and motor vehicle thefts doubled from 1.00 in 2018 to 2.00 in 2019 before dropping to 0.00 in 2020. Burglary cases steadily increased from 1.00 in 2019 to 2.00 in 2020. These patterns could indicate shifting enforcement priorities or emerging local challenges, which potential investors and residents should... Read more
Property Crime Trends in Kent County, TX Over the Last 3 Years
Kent County, Texas has seen a fluctuating pattern in property crimes over the past three years. Larceny-theft and motor vehicle theft in particular have shown variability, with 2018 recording 1.00 instance of each, while 2020 saw larceny-theft rise to 3.00 instances. Interestingly, motor vehicle thefts doubled from 1.00 in 2018 to 2.00 in 2019 but were absent in 2020. Burglary cases have increased steadily over the years, from 1.00 in 2019 to 2.00 in 2020. These trends might suggest shifting priorities for local law enforcement or evolving challenges within the community, making it relevant for potential investors and residents to consider the dynamics of property crime before making decisions.
Demographics
Kent County, Texas showcases a nearly balanced gender distribution among adults, with males slightly outnumbered by females. Educational attainment data suggests a notable portion of the population has only completed high school or some college, with a relatively smaller segment attaining higher degrees. Age distribution indicates a significant proportion of the population is over 55, pointing to a potentially aging demographic. Most of the county's residents identify as White, with very... Read more
Race Distribution in Kent County, Texas (2022)
Educational Attainment in Kent County, Texas (2022)
Age Distribution in Kent County, Texas
Citizen Population in Kent County, Texas (2022)
Political Trends & Data
Kent County, Texas, displayed a striking Republican preference in the 2020 U.S. Presidential Election, with nearly 89% of votes possibly going to the GOP. Democratic support trailed at around 10%, while third-party votes barely registered. This voting behavior possibly signals a deeply rooted political tendency within the county, which could have implications for local policy decisions and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kent County, Texas, exhibited a strong Republican preference in the 2020 U.S. Presidential Election, with nearly 89% of the votes potentially going to the GOP. Democratic support was considerably lower, hovering around 10%, while third-party votes, including Libertarian and Green, accounted for just a fraction. This voting pattern might point to the possibility of a deeply entrenched political inclination within the county.
88.96% of voters voted for the Republican party in the 2020 Presidential Election
10.17% of voters voted for the Democrat party in the 2020 Presidential Election
0.22% of voters voted for the Livertarian party in the 2020 Presidential Election
0.65% of voters voted for the Green party in the 2020 Presidential Election
School Data
Over the past decade, Kent County, Texas has seen a student-to-teacher ratio significantly below the national average, starting at just over 6 in 2014 and peaking near 9 by 2021. This low ratio suggests personalized attention for students, enhancing the appeal of local schools. For investors and real estate agents, this could signal higher housing demand due to the perceived quality of education. Appraisers might also take note of possibly higher property values, while insurance agents could... Read more
Student-to-teacher ratio in Kent County, Texas over the last 10 years
Over the past decade, Kent County, Texas has seen its student-to-teacher ratio hover markedly below the national average of 14 students per teacher. Starting at just over six students per teacher in 2014, there was a steady increase peaking at nearly nine in 2021 before decreasing slightly. This low student-to-teacher ratio implies more personalized attention for each student, potentially enhancing educational outcomes and making the schools in Kent County appealing for families looking to move to the area. For investors and real estate agents, this characteristic can be a selling point, indicating a potentially higher demand for housing in a district perceived to offer a high quality of education. Similarly, appraisers might see higher property values due to the attractiveness of the education system, while insurance agents could consider the area's school performance in assessing risk and policy costs.
