Lavaca County Real Estate and Livability Trends
Lavaca County, Texas has seen a noticeable surge in median home values, jumping from $119,300 in 2015 to $205,500 in 2022, suggesting rising desirability. Interestingly, the average residential energy tax credit per tax return has more than quadrupled, indicating an uptick in local investments in energy efficiency. Rising real estate taxes, which increased from $4,132.50 in 2017 to $6,403.45 by... Read more
Lavaca County Market Trends
Lavaca County, Texas has witnessed a notable rise in median home values, increasing from $119,300 in 2015 to $205,500 in 2022, outpacing the national growth but remaining accessible compared to state trends. The average residential energy tax credit per tax return has more than quadrupled, suggesting rising local investments in energy efficiency. Real estate taxes saw a significant jump from... Read more
Median Value of Occupied Housing Units in Lavaca County, Texas Over the Last 8 Years
Lavaca County, Texas has seen a consistent upward trend in median home values over the past eight years, climbing from $119,300 in 2015 to $205,500 in 2022. This growth rate outpaces the national median value, which increased from $125,500 to $179,400 in the same period. While Texas as a whole saw its median value rise from $136,000 to $238,000, Lavaca County's growth, though substantial, remains quite accessible relative to state trends. This could signal a compelling investment opportunity or an attractive option for those looking to move within Texas, offering relatively affordable housing in an appreciating market.
Residential Energy Tax Credit Per Tax Return in Lavaca County, TX Over the Last 8 Years
Over the last eight years, Lavaca County, Texas has seen a notable increase in the average residential energy tax credit per tax return, highlighting a positive trend in energy-efficient investments. Starting at roughly $336.36 in 2013, the credit more than quadrupled to $1,875 by 2021. These figures could suggest that homeowners in the area are increasingly investing in energy-efficient improvements, which may be attractive to investors, appraisers, and real estate agents looking at the long-term value and sustainability of properties. For insurance agents, this trend might indicate a shift towards more resilient, energy-conscious homes that could potentially lower risk.
Average Real Estate Taxes Per Tax Return in Lavaca County, TX Over the Last 10 Years
Over the last decade, Lavaca County, Texas has seen a noticeable increase in real estate taxes per tax return, with a particularly sharp rise starting around 2017. Values spiked from an average of around $4,132.50 in 2017 to $6,403.45 by 2021. This escalating trend could suggest a growing demand for property, higher property values, or changes in tax rates, making it crucial for potential investors, homeowners, and real estate professionals to consider these factors when evaluating the area's market and financial commitments.
Percentage of Farm Returns in Lavaca County, TX Over the Last 10 Years
Over the last 10 years, Lavaca County, Texas has seen some fluctuations in the percentage of farm tax returns. Starting in 2012 at around 23.27%, this metric has experienced a general downward trend, dipping to approximately 22.85% in 2014 and 21.85% by 2020, before slightly ticking up to 22.67% in 2021. This trend suggests a potential decrease in farming activities or profitability, which might interest investors and residents considering agricultural ventures. Notably, farm tax returns serve as a financial record submitted by farming enterprises, reflecting their income, expenses, and overall viability.
Number of Mortgages by Occupancy Type in Lavaca County, TX Over the Last 5 Years in Lavaca County
In Lavaca County, Texas, the mortgage trends over the past five years show varying preferences in occupancy types. Principal residences consistently dominate the mortgage counts, peaking at 690 in 2021, indicating strong local demand for primary homes. Investment properties and second residences have much lower activity, with investment properties generally declining from 28 in 2018 to 20 in 2022. Shifts in mortgage types could reflect broader economic conditions or local market preferences, impacting property demand, insurance rates, and appraisal values. For investors, real estate professionals, or residents, these trends suggest where the greatest opportunities or risks might lie, whether it's capitalizing on stable primary home markets or navigating the more variable investment property landscape.
Economic Outlook
Lavaca County, Texas has experienced significant fluctuations in average taxable incomes, peaking at $77,558.04 in 2014 and dipping to $55,852.88 in 2016, with a recovery to $75,497.21 by 2021. This volatility might hint at broader economic shifts or rising wealth among residents, influencing property values and investment attractiveness. Meanwhile, state and local income taxes have seen a similar trend, with the highest average at $7,725.00 in 2012, dropping to $4,033.33 in 2016, and trending... Read more
Average Taxable Income per Tax Return in Lavaca County, TX over the last 9 years
Lavaca County, Texas has seen varying average taxable incomes per tax return, with significant fluctuations over the past nine years. In 2014, the average taxable income peaked at approximately $77,558.04, while bottoming out in 2016 at around $55,852.88. The most recent data from 2021 shows an increase to about $75,497.21, reflecting a potential recovery or rise in wealth among residents. These shifts can be crucial for investors, real estate agents, appraisers, and others needing a grasp on the financial landscape of the county.
Average State and Local Income Taxes Per Tax Return in Lavaca County, TX Over the Last 5 Years
In Lavaca County, Texas, the average state and local income taxes per tax return over the last five years have fluctuated, with notable peaks and troughs. The highest average was $7,725.00 in 2012, dropping significantly to $4,033.33 in 2016. However, there has been an upward trend in recent years, reaching $5,800.00 in 2021. These variations could suggest changing economic conditions or tax policies impacting residents and investors.
Average Total Tax Liability Per Tax Return in Lavaca County, TX Over the Last 10 Years
Over the last decade, Lavaca County, Texas has experienced fluctuating tax liabilities per return, peaking notably in 2014 at $17,812.18 and dropping to its lowest in 2017 at $9,833.19. This volatility could influence decisions for potential investors, real estate agents, and insurance agents as it may indicate underlying economic shifts. Understanding these patterns can offer insights into the county's fiscal landscape, helping in assessing potential property values and investment risks.
Cost of Living in Lavaca County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,151 | $1,223 | $2,043 | $1,195 | $830 |
| 1 adult 4 children | $1,151 | $998 | $1,564 | $1,195 | $917 |
| 2 adults 3 children | $1,151 | $999 | $1,771 | $1,195 | $663 |
| 1 adult 3 children | $1,151 | $815 | $1,293 | $1,195 | $710 |
| 2 adults 2 children | $929 | $818 | $1,500 | $1,043 | $609 |
| 1 adult 2 children | $929 | $611 | $1,021 | $1,043 | $540 |
| 2 adults 1 child | $929 | $646 | $1,229 | $548 | $587 |
| 1 adult 1 child | $929 | $417 | $750 | $548 | $489 |
| 2 adults | $720 | $519 | $957 | $0 | $513 |
| 1 adult | $700 | $283 | $479 | $0 | $454 |
Safety trends & Data
Lavaca County, Texas, has seen notable fluctuations in property crime over the last five years, importantly affecting larceny-theft, which peaked at 30.00 incidents in 2018 but significantly dropped to 10.00 by 2022. Burglary incidents also saw a downward trend, ranging from 2.00 to 11.00. While vandalism and motor vehicle theft exhibited varying patterns, they did not experience major spikes. These crime trends offer insights for investors, real estate agents, and residents as they could... Read more
Property Crime Trends in Lavaca County, TX Over the Last 5 Years
Lavaca County, Texas, has experienced fluctuations in property crime over the last five years. Larceny-theft was consistently the most prevalent crime, peaking at 30.0 incidents in 2018 but notably dropping to 10.0 by 2022. Burglary incidents ranged from 2.0 to 11.0, with a clear downward trend by the end of the period. Vandalism and motor vehicle theft showed smaller yet oscillatory patterns without significant spikes. These crime trends are essential for investors, real estate agents, and residents as they can affect property values, insurance premiums, and overall community safety.
Demographics
Lavaca County, Texas shows an interesting split in adult population by gender with males slightly outnumbering females. Educational attainment varies, with a significant portion having only a high school diploma, yet a noticeable number achieving a bachelor's level or higher. The age distribution suggests a stable mix with a reasonable spread across different age brackets, with a slight lean towards older demographics. Racially, the county appears predominantly White with a small but notable... Read more
Race Distribution in Lavaca County, Texas (2022)
Educational Attainment in Lavaca County, Texas (2022)
Age Distribution in Lavaca County, Texas
Citizen Population in Lavaca County, Texas (2022)
Political Trends & Data
Lavaca County, Texas, showed a noticeable lean towards the Republican party in the 2020 U.S. Presidential Election, with an estimated 86% of votes potentially favoring the GOP and only about 13% leaning Democratic. Third parties, including Libertarian and Green, appeared to have limited traction, collectively pulling in under 1% of the vote. This may reflect significant political homogeneity and suggest a challenging environment for non-Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lavaca County, Texas, exhibited a striking tendency towards Republican support in the 2020 U.S. Presidential Election, with over 86% of the votes seemingly cast for the GOP. Democrats garnered just around 13%, showcasing a potentially significant gap in political preference. Minor parties, including Libertarian and Green, combined for less than 1%, hinting at limited influence outside the two major parties in this region.
86.34% of voters voted for the Republican party in the 2020 Presidential Election
13.07% of voters voted for the Democrat party in the 2020 Presidential Election
0.45% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% 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
Lavaca County, Texas shows a consistently lower student-to-teacher ratio compared to the national average, hovering around 12 students per teacher over the past decade. This stable and favorable ratio might attract families seeking high-quality education, possibly driving up property demand and values. Such educational quality could be a strong selling point for real estate agents and investors, while also informing appraisers and insurers about potential impacts on property... Read more
Student-to-teacher ratio in Lavaca County, Texas over the last 10 years
Over the past decade, Lavaca County, Texas has seen its student-to-teacher ratio fluctuate somewhat but generally increase from around 12 students per teacher in 2014 to approximately 12 in 2023. Notably, these figures consistently stay below the current US national average of 14 students per teacher. This trend may suggest a more favorable learning environment due to smaller class sizes, which could be appealing for families considering relocating and for investors interested in the area's educational quality. For real estate agents and those involved in property development, this relatively low student-to-teacher ratio could be an attractive selling point, potentially enhancing property values and community appeal. Appraisers and insurance agents might also find this data useful when evaluating property values and risks, as quality of local education can impact both.
