Kerr County Real Estate and Livability Trends
Kerr County, Texas has experienced a sharp increase in median home values, rising from $158,200 in 2015 to $260,700 in 2022, significantly outpacing broader state and national trends. Variability in Residential Energy Tax Credits, peaking at $3,866.67 in 2018, hints at a growing interest in sustainability. Real estate taxes have risen from $4,947.03 in 2012 to $8,142.67 in 2021, mirroring higher... Read more
Kerr County Market Trends
Kerr County, Texas has seen a dramatic increase in median home values, from $158,200 in 2015 to $260,700 in 2022, well above state and national trends. The fluctuation in Residential Energy Tax Credits, peaking at $3,866.67 in 2018, suggests a growing interest in sustainable living. Real estate taxes have risen from $4,947.03 in 2012 to $8,142.67 in 2021, indicating higher property values and... Read more
Median Value of Occupied Housing Units in Kerr County, Texas Over the Last 8 Years
Kerr County, Texas has seen impressive growth in median home values over the last eight years, far exceeding both state and national trends. While home values in Texas increased from $136,000 in 2015 to $238,000 in 2022, Kerr County's median value surged from $158,200 to $260,700 during the same period. In contrast, national figures climbed more modestly from $125,500 to $179,400. This makes Kerr County an intriguing spot for those looking to invest or move, reflecting a robust local housing market that could offer solid returns.
Residential Energy Tax Credit Per Tax Return in Kerr County, TX Over the Last 9 Years
Kerr County, Texas has seen significant fluctuations in the average Residential Energy Tax Credit per tax return over the past nine years, peaking dramatically at $3,866.67 in 2018. This variability indicates that residents may be increasingly investing in energy-efficient solutions or taking advantage of fluctuating tax incentives over the years. Notable increases in years like 2018 and 2019 could suggest spikes in eco-friendly upgrades or changes in policy incentives. For investors, builders, and real estate professionals, these trends might hint at a growing community interest in sustainable living, potentially impacting property values and market demand.
Average Real Estate Taxes Per Tax Return in Kerr County, TX Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Kerr County, Texas, have shown a general upward trend, increasing from around $4,947.03 in 2012 to approximately $8,142.67 in 2021. Notably, there were sharp increases in 2018 and 2019, with taxes rising by about $1,154 and $441, respectively. These spikes could reflect broader economic trends or local fiscal policies impacting property owners. For those considering investments, building, or relocating to this area, this trend could suggest rising property values and the need to account for higher tax liabilities in financial planning. Real estate agents and insurance agents might find this information crucial for advising clients on long-term costs of ownership in Kerr County.
Percentage of Farm Returns in Kerr County, TX Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Kerr County, Texas has shown both stability and gradual fluctuations. Starting from roughly 3.67% in 2012, the percentage experienced minor variations, peaking close to 3.69% in 2015 but generally trending downwards to 3.26% by 2021. Farm tax returns, essentially income reports filed by farm owners, are a noteworthy indicator of the agricultural sector's financial health. For those considering investment or property development, this data provides insights into the local agricultural economy's constancy and underlying challenges.
Number of Mortgages by Occupancy Type in Kerr County, TX Over the Last 5 Years in Kerr County
Kerr County, Texas has shown fluctuations in mortgage trends over the past five years, particularly in principal residences, which peaked in 2021 with 2,852 mortgages but have since decreased significantly. Investment properties and second residences also saw varied interest, though generally less volatile. These shifts in occupancy type can signal broader economic conditions, influencing factors like property demand and pricing. For investors, this could mean opportunities or risks depending on timing, while appraisers and insurance agents might need to adjust valuations and coverage approaches in response to these changes. Realtors and builders should monitor these trends to better cater to potential buyers, customizing strategies to match current market dynamics.
Economic Outlook
In Kerr County, Texas, the average taxable income per tax return has surged from $58,893.09 in 2013 to $89,331.53 in 2021, suggesting a strengthening economic base that might make real estate investments more appealing. Average state and local income taxes have exhibited significant fluctuations over the past decade, peaking at $17,491.67 in 2016 and dipping to $8,621.74 in 2015, signaling potential variability in tax liabilities that could affect property value assessments. Meanwhile, the... Read more
Average Taxable Income per Tax Return in Kerr County, TX over the last 9 years
Over the past nine years, Kerr County, Texas, has seen a notable increase in average taxable income per tax return, jumping from approximately $58,893.09 in 2013 to about $89,331.53 in 2021. This upward trend, though fluctuating intermittently, suggests a potentially growing economic base. For investors, real estate agents, or those considering relocation, this rising income could indicate stronger community financial health and appealing investment opportunities. However, those involved in property appraisals and insurance should be cognizant of how this income shift might influence property values and risk assessments.
Average State and Local Income Taxes Per Tax Return in Kerr County, TX Over the Last 10 Years
Kerr County, Texas has seen significant fluctuations in its average state and local income taxes per tax return over the past decade, with a peak at $17,491.67 in 2016 and a notable low at $8,621.74 in 2015. This volatility suggests that potential investors and residents should be prepared for variability in their tax liabilities. Real estate professionals and appraisers might find the inconsistency relevant when assessing property values, and insurance agents could consider this factor when advising clients. The data implies potential shifts in fiscal policies or economic conditions affecting taxpayers in the region.
Average Total Tax Liability Per Tax Return in Kerr County, TX Over the Last 10 Years
In Kerr County, Texas, the average total tax liability per tax return has shown some notable fluctuations over the past decade. It appears to have generally increased, starting at approximately $11,017.37 in 2012 and reaching around $16,776.06 by 2021. This trend may reflect broader economic shifts or local policy changes, possibly indicating a growing income base or changes in taxable assets. Such data could be critical for potential investors, real estate professionals, and those looking to move to the area, as it could impact financial planning and property appraisal.
Cost of Living in Kerr County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,367 | $1,295 | $1,934 | $1,508 | $942 |
| 1 adult 4 children | $1,367 | $1,057 | $1,480 | $1,508 | $1,063 |
| 2 adults 3 children | $1,367 | $1,058 | $1,677 | $1,508 | $771 |
| 1 adult 3 children | $1,367 | $864 | $1,223 | $1,508 | $831 |
| 2 adults 2 children | $1,031 | $866 | $1,421 | $1,315 | $641 |
| 1 adult 2 children | $1,031 | $647 | $967 | $1,315 | $603 |
| 2 adults 1 child | $1,031 | $684 | $1,164 | $689 | $608 |
| 1 adult 1 child | $1,031 | $442 | $710 | $689 | $511 |
| 2 adults | $848 | $550 | $908 | $0 | $515 |
| 1 adult | $777 | $300 | $454 | $0 | $446 |
Safety trends & Data
Property crime trends in Kerr County, Texas, have shown variability over the last five years. Larceny-theft, peaking at 145.0 arrests in 2018, dramatically declined to 50.0 by 2022. Burglary remained relatively stable but saw an increase to 20.0 arrests in 2022. Motor vehicle theft stayed consistently low, ranging from 5.0 to 10.0 annually. These fluctuations could impact property values, insurance rates, and perceptions of neighborhood safety, offering critical insights for investors,... Read more
Property Crime Trends in Kerr County, TX Over the Last 5 Years
Property crime trends in Kerr County, Texas, reveal a fluctuating pattern over the last five years. Larceny-theft, the most prevalent crime, saw a peak of 145.0 arrests in 2018, dipping dramatically to 50.0 by 2022. Burglary numbers hovered between 10.0 to 23.0, with a notable increase to 20.0 in 2022. Motor vehicle theft consistently stayed low, ranging from 5.0 to 10.0 annually. Fraud and vandalism arrests also showed variability, indicating some stability but occasional spikes. For investors, appraisers, real estate agents, and residents, understanding these crime trends could influence property values, insurance rates, and overall neighborhood safety perceptions.
Demographics
Kerr County, Texas, displays intriguing demographic trends. The adult population shows a slight female majority, possibly indicating longer life expectancy or migration trends among women. Educational attainment paints a picture of a community where most residents have completed high school, with many having some college education but fewer holding advanced degrees. The age distribution hints at a significant senior population, which may influence local healthcare and social services. In terms... Read more
Race Distribution in Kerr County, Texas (2022)
Educational Attainment in Kerr County, Texas (2022)
Age Distribution in Kerr County, Texas
Citizen Population in Kerr County, Texas (2022)
Political Trends & Data
Kerr County, Texas, leaned heavily Republican in the 2020 U.S. Presidential Election, with the GOP capturing around 75% of the vote. Democrats garnered roughly 24%, and minor parties like the Libertarians and Greens scraped together just over 1% combined. This indicates that Kerr County could be considered a Republican stronghold with minimal political competition from other... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kerr County in Texas leaned significantly Republican in the 2020 U.S. Presidential Election, with the GOP capturing roughly three-quarters of the vote. Democrats trailed with about 24%, while minor parties like the Libertarians and Greens combined for just over 1%. This voting pattern might suggest that Kerr County is a Republican stronghold, where political competition from other parties remains relatively minimal.
75.25% of voters voted for the Republican party in the 2020 Presidential Election
23.51% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% 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
Kerr County, Texas is seeing student-to-teacher ratios between 11.67 and 12.81 over the last decade, consistently lower than the national average of fourteen students per teacher. This could suggest a more personalized educational environment, attractive to families and real estate buyers who prioritize education. Real estate agents can leverage this data to highlight the county’s commitment to favorable learning conditions, potentially driving up property values and demand. Insurers might... Read more
Student-to-teacher ratio in Kerr County, Texas over the last 10 years
Kerr County, Texas has experienced fluctuations in its student-to-teacher ratio over the last decade, with figures ranging from 11.67 to 12.81. Notably, this ratio remains consistently below the US national average of fourteen students per teacher, indicating potentially smaller classroom sizes. For those interested in relocating or investing in Kerr County, this lower ratio might suggest a more personalized educational environment, which could be appealing to families or real estate buyers prioritizing education. Real estate agents and appraisers could leverage this information to highlight the county’s commitment to maintaining favorable learning conditions, something that could potentially drive up property values and demand. Similarly, insurers might find this data useful when adjusting risk assessments for the area, considering the potential impact of smaller class sizes on overall community well-being.
