Kleberg County Real Estate and Livability Trends
Kleberg County, Texas, has seen a 30% surge in median home values, from $98,000 in 2021 to $128,300 in 2022, which might hint at growing demand and investment opportunities despite trailing state and national figures. Average residential energy tax credits have also jumped, from $455.56 in 2013 to $2,835.29 by 2021, showing a rise in energy efficiency interest. Real estate taxes per return rose... Read more
Kleberg County Market Trends
Kleberg County, Texas has seen median home values surge 30% from $98,000 in 2021 to $128,300 in 2022, hinting at growing demand and potential investment opportunities despite lagging behind state and national figures. The average residential energy tax credit has also climbed substantially, from $455.56 in 2013 to $2,835.29 by 2021, signalling rising interest in energy efficiency. Real estate... Read more
Median Value of Occupied Housing Units in Kleberg County, Texas Over the Last 8 Years
Kleberg County, Texas has seen an upward trend in median home values over the past eight years, with a significant jump to $128,300 in 2022 from $98,000 in 2021. This recent 30% increase could signal rising demand and investment opportunity in the area. Compared to Texas and national figures, Kleberg County's home values generally lag behind, yet the recent spike suggests a potential shift that might interest investors looking at emerging markets. While state-wide median home values reached $238,000 and national figures were at $179,400 in 2022, Kleberg County's significant gain could indicate a rapidly improving local economy or increased property demand.
Residential Energy Tax Credit Per Tax Return in Kleberg County, TX Over the Last 9 Years
Kleberg County, Texas has seen a notable rise in the average residential energy tax credit per tax return over the past nine years. Starting from around $455.56 in 2013, there's been a significant climb reaching approximately $2,835.29 by 2021. This trend suggests increasing investment incentives for energy efficiency improvements in the area, which could indicate growing homeowner interest in sustainable living and potential energy cost savings. Real estate investors and builders could find this particularly interesting as it may reflect a shift towards more energy-efficient homes, a selling point for future buyers. This data also provides valuable insights for appraisers and insurance agents evaluating property values and risks associated with energy efficiency installations.
Average Real Estate Taxes Per Tax Return in Kleberg County, TX Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Kleberg County, Texas have shown a notable upward trend, increasing from approximately $3,869.63 in 2012 to around $6,150.00 in 2021. This surge highlights a growing financial commitment for property owners and can influence decisions for potential buyers, investors, and property builders. The sharpest jumps occurred between 2017 and 2020, peaking at $6,443.33 in 2020, which might suggest a correlation with rising property values or changes in tax policies. This data is particularly relevant for investors and real estate agents seeking to understand the local market dynamics and financial landscape.
Percentage of Farm Returns in Kleberg County, TX Over the Last 10 Years
Kleberg County, Texas has shown a relatively stable trend in the percentage of farm tax returns over the past decade, hovering around 3.3% to 3.6%. Farm tax returns, which represent the portion of tax filings related to agricultural activities, offer insights into the local agricultural economy—an essential consideration for prospective investors, real estate developers, and new residents interested in the rural and agrarian aspects of the county. This stability suggests a consistent investment in the agricultural sector, which could imply a steady demand for agricultural products and land use in the area.
Number of Mortgages by Occupancy Type in Kleberg County, TX Over the Last 5 Years in Kleberg County
The number of mortgages for principal residences in Kleberg County, Texas has shown a general upward trend over the past five years, with notable increases in 2020 and 2021, peaking at 963 in 2021. Investment properties have also seen growth, albeit more modest, with the highest count at 108 in 2022. Meanwhile, mortgages for second residences have remained relatively stable, fluctuating slightly but never exceeding 31. Changes in occupancy type can indicate shifts in local demographics, economic conditions, and investor confidence. For investors and real estate agents, a rise in principal residence mortgages suggests strong demand for long-term housing, which could drive home values and rents up. For insurers and appraisers, understanding the mix of property types can assist in more accurately assessing risk and property values. Those planning to build or move to the area will find such trends useful for gauging market stability and future growth potential.
Economic Outlook
In Kleberg County, Texas, the average taxable income per tax return has modestly increased, rising from the mid-to-high $40,000s to around $54,698.52 by 2021, indicating potential economic growth. Meanwhile, average state and local income taxes have shown variability, swinging from $7,325.00 in 2013 to about $3,133.33 in 2012, possibly reflecting shifts in economic conditions or tax policies. Additionally, the total tax liability per tax return has seen ups and downs, peaking at $9,043.88 in... Read more
Average Taxable Income per Tax Return in Kleberg County, TX over the last 9 years
Over the last nine years, Kleberg County, Texas has seen fluctuations in average taxable income per tax return, with notable rises especially in recent years. The average taxable income generally hovered around the mid-to-high $40,000s initially but saw an uptick that brought it up to approximately $54,698.52 by 2021. For those considering investment or relocation, this subtle but steady increase might indicate economic growth and potentially rising affluence in the area, possibly making it more appealing for real estate ventures, appraisals, or insurance considerations.
Average State and Local Income Taxes Per Tax Return in Kleberg County, TX Over the Last 6 Years
In the last six years, Kleberg County, Texas, has seen notable fluctuations in average state and local income taxes per tax return, ranging from a high of $7,325.00 in 2013 to a low of approximately $3,133.33 in 2012. These shifts could potentially signal varied economic conditions or policy changes affecting taxpayers. For investors, property developers, and real estate agents, understanding these trends might provide insight into the local economy's health and the potential financial burden on residents. The variability in tax obligations also has implications for appraisers and insurance agents who need to assess the region's economic stability accurately.
Average Total Tax Liability Per Tax Return in Kleberg County, TX Over the Last 10 Years
Kleberg County, Texas saw fluctuations in the average total tax liability per tax return over the last decade. After peaking at $9,043.88 in 2014, the county experienced a downward trend with slight rebounds, ultimately stabilizing around the low $7,000s in the last few years. This variability could be indicative of shifting economic conditions or changes in tax regulations, making it crucial for potential investors and real estate professionals to keep a close watch on economic policies locally. The most recent data shows liabilities hovering at approximately $7,708.60 in 2021, which may suggest a more stable yet lower tax burden compared to earlier years.
Cost of Living in Kleberg County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,317 | $1,287 | $1,822 | $1,334 | $838 |
| 1 adult 4 children | $1,317 | $1,051 | $1,394 | $1,334 | $938 |
| 2 adults 3 children | $1,317 | $1,051 | $1,581 | $1,334 | $677 |
| 1 adult 3 children | $1,317 | $858 | $1,152 | $1,334 | $716 |
| 2 adults 2 children | $1,082 | $861 | $1,340 | $1,165 | $604 |
| 1 adult 2 children | $1,082 | $643 | $911 | $1,165 | $562 |
| 2 adults 1 child | $1,082 | $680 | $1,098 | $616 | $592 |
| 1 adult 1 child | $1,082 | $439 | $670 | $616 | $501 |
| 2 adults | $822 | $546 | $857 | $0 | $497 |
| 1 adult | $756 | $298 | $428 | $0 | $435 |
Safety trends & Data
Kleberg County, Texas, has experienced a notable rise in burglary incidents, going from 6 in 2018 to 23 in 2022, and a spike in motor vehicle theft, which climbed to 13 in 2022 from just 4 in 2021. On the flip side, larceny-theft cases have decreased since 2018. Vandalism and fraud incidents have shown varied patterns, with peaks of 18 cases in vandalism in 2021 and 8 fraud cases in 2022. These crime trends could be a key factor for investors, potentially impacting property values, insurance... Read more
Property Crime Trends in Kleberg County, TX Over the Last 5 Years
Kleberg County, Texas, has seen fluctuating trends in property crime over the last five years. Notably, there has been a significant increase in burglary incidents, peaking at 23 in 2022, compared to just 6 in 2018. Larceny-theft cases have decreased since 2018, but motor vehicle theft saw a rise to 13 in 2022 from just 4 in 2021. Vandalism incidents have also varied, with a high of 18 cases in 2021. Fraud incidents spiked notably in 2022 with 8 cases, showing a potential new area of concern. These trends may influence investment decisions, property appraisals, and insurance premiums in the county.
Demographics
Kleberg County, Texas, presents a nearly balanced adult population with a small lead in male residents. The educational landscape shows a significant portion having achieved a high school diploma or equivalent, and a notable number pursuing higher education. Interestingly, there's a relatively large younger demographic, particularly between the ages of 20 to 34, hinting at a potentially vibrant local economy. The racial composition is predominantly White, with small yet present diversity across... Read more
Race Distribution in Kleberg County, Texas (2022)
Educational Attainment in Kleberg County, Texas (2022)
Age Distribution in Kleberg County, Texas
Citizen Population in Kleberg County, Texas (2022)
Political Trends & Data
In Kleberg County, Texas, the 2020 U.S. Presidential Election showcased tight competition, with Republicans potentially edging out at 50.3% and Democrats closely trailing at 48.6%. The minimal influence of Libertarian and Green Party votes, at around 0.9% and 0.3%, hints at a primarily two-party dynamic. These narrow margins could suggest a politically competitive environment, mirroring wider state or national... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kleberg County, Texas exhibited a close contest in the 2020 U.S. Presidential Election, with Republicans possibly holding a slight edge at approximately 50.3% of the vote compared to Democrats who garnered around 48.6%. Libertarians and Greens seemed to have minimal impact, drawing about 0.9% and 0.3% respectively. Such narrow margins might indicate a competitive political landscape, reflecting broader state or national trends.
50.29% of voters voted for the Republican party in the 2020 Presidential Election
48.56% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% 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
School Data
Kleberg County, Texas, has seen its student-to-teacher ratio hover around the national average of 14 students per teacher, offering a relatively stable education environment. The ratio peaked at 15 in 2017 but has since settled around 14, suggesting a focus on manageable classroom sizes. This stability might make the area more appealing for families prioritizing education, which is a significant factor for real estate decisions. Understanding these trends is crucial for those in real estate,... Read more
Student-to-teacher ratio in Kleberg County, Texas over the last 10 years
Over the last decade, Kleberg County, Texas has experienced fluctuations in its student-to-teacher ratio, hovering close to the national average of 14 students per teacher. In 2014, the ratio was 13 students per teacher, then climbed to a high of 15 by 2017, dropped again in 2018, and has hovered around 14 students per teacher since 2019. This relatively stable ratio could make the area appealing for families interested in ensuring their children receive more individualized attention compared to regions with higher ratios. For those in real estate, appraisals, insurance, and property development, understanding these trends could shape expectations and strategic decisions, potentially making Kleberg County an attractive option for new residents due to its favorable education environment.
