Live Oak County Real Estate and Livability Trends
Live Oak County, Texas, has shown notable economic and real estate trends over the past decade. Average taxable income per tax return surged to $76,181.29 in 2021, and median home values jumped from $86,900 in 2015 to $143,000 in 2022, outpacing state and national growth. Significant fluctuations in total tax liability and rising real estate taxes highlight financial volatility and rising... Read more
Live Oak County Market Trends
Median home values in Live Oak County, Texas, jumped from $86,900 in 2015 to $143,000 in 2022, outpacing both state and national trends, hinting at substantial growth potential for investors and homebuyers. Residential energy tax credits peaked at $3,300.00 in 2018 but then dipped, indicating varying levels of investment in energy-efficient upgrades. Real estate taxes have more than doubled in a... Read more
Median Value of Occupied Housing Units in Live Oak County, Texas Over the Last 8 Years
Over the past eight years, median home values in Live Oak County, Texas, have shown a substantial upward trend, increasing from $86,900 in 2015 to $143,000 in 2022. This rise is more pronounced compared to the overall state and national trends. For context, Texas saw values go from $136,000 to $238,000 and the U.S. experienced a rise from $125,500 to $179,400 in the same period. This indicates a significant growth potential in Live Oak County, possibly making it an attractive area for real estate investors and homebuyers seeking comparatively lower entry prices with promising value appreciation.
Residential Energy Tax Credit Per Tax Return in Live Oak County, TX Over the Last 9 Years
Over the past nine years, Live Oak County, Texas has seen notable fluctuations in the average residential energy tax credit per tax return, with figures ranging from $320.00 in 2013 to a peak of $3,300.00 in 2018. The trend generally reflects a steep increase up until 2018, suggesting that residents were possibly investing more in energy-efficient upgrades during those years. However, there's a noticeable dip after 2018, with the credit amount standing at $1,900.00 in 2021. This pattern may interest investors, appraisers, and real estate agents looking to understand the financial incentives tied to energy efficiency in the area, while also indicating to potential homeowners the evolving landscape of energy-related tax benefits.
Average Real Estate Taxes Per Tax Return in Live Oak County, TX Over the Last 10 Years
Real estate taxes in Live Oak County, Texas have shown a significant upward trend over the past decade, with average taxes per return doubling from approximately $2206.12 in 2012 to $5350.00 in 2021. This sharp increase likely reflects rising property values and perhaps changes in tax policies affecting local homeowners. For potential investors, current residents, real estate agents, and builders, this trend might suggest a growing demand and thus, potentially higher appreciation rates for properties in the area. It also means appraisers and insurance agents should factor in escalating tax liabilities when evaluating homes and setting policy premiums.
Percentage of Farm Returns in Live Oak County, TX Over the Last 10 Years
Over the last decade in Live Oak County, Texas, the percentage of farm tax returns has fluctuated gently between 12.56% and 13.95%. This indicates a relatively stable agricultural sector that might interest investors or those looking to purchase farmland. Farm tax returns generally reflect the financial health and production levels of farms, serving as a barometer for the county's agricultural economy. Such consistency can be appealing for economic planners, agricultural businesses, and prospective residents interested in a stable rural community with ongoing farming activities.
Number of Mortgages by Occupancy Type in Live Oak County, TX Over the Last 5 Years in Live Oak County
Live Oak County, Texas has seen a relatively steady but varied mortgage count for different occupancy types over the past five years. Principal residences dominate the market, with mortgage counts fluctuating but remaining robust, peaking in 2020 with 431 mortgages. In contrast, investment property mortgages are significantly lower, suggesting less interest or availability in rental or flip opportunities. Second residences showcase moderate activity, indicating a niche but stable market. These fluctuations imply a strong, consistent demand for primary homes, which could be appealing for real estate agents and builders. However, the modest number of investment property and second residence mortgages may suggest constraints or opportunities in rental and vacation property markets, good to note for investors and insurance agents analyzing risk and value in this region.
Economic Outlook
Live Oak County, Texas has exhibited intriguing economic variability over the past decade, with average taxable income per tax return experiencing peaks and troughs while showing recent signs of recovery, rising to $76,181.29 in 2021. This economic resilience may make the county an attractive prospect for real estate investment and development. Additionally, an upward trend in average state and local income taxes—from $2,650.00 in 2013 to $3,500.00 in 2017—hints at underlying economic... Read more
Average Taxable Income per Tax Return in Live Oak County, TX over the last 9 years
Over the past nine years, Live Oak County, Texas, has seen some fluctuations in average taxable income per tax return, peaking in 2014 at $81,581.63 and dipping to a low of $57,663.52 in 2017. More recently, data shows a recovery with the average taxable income per tax return rising to $76,181.29 in 2021. This likely indicates a resilient local economy, making it an intriguing area for real estate investment, property development, and financial planning. It’s worth noting the variability, which may appeal to those interested in economic trends or seeking opportunities in emerging markets.
Average State and Local Income Taxes Per Tax Return in Live Oak County, TX Over the Last 2 Years
Live Oak County, Texas has seen a noticeable rise in average state and local income taxes per tax return over the last few years, jumping from $2,650.00 in 2013 to $3,500.00 in 2017. This trend may suggest economic growth or changes in tax policies that could influence the decisions of potential investors, homebuyers, property developers, real estate agents, appraisers, and insurance agents.
Average Total Tax Liability Per Tax Return in Live Oak County, TX Over the Last 10 Years
Live Oak County, Texas has seen significant fluctuations in the average total tax liability per tax return over the past decade. Starting with $17,432.65 in 2012, there was a notable peak in 2013 at $20,044.29, and again in 2014 at $20,107.99. However, this trend did not sustain, as the liability dropped to a low of $10,243.86 in 2020, before rising again to $15,284.35 in 2021. These shifts may suggest volatility in income levels or changing economic conditions in the county, which is crucial for investors, potential residents, and professionals in real estate and financial services to consider.
Cost of Living in Live Oak County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,182 | $1,271 | $1,852 | $1,334 | $862 |
| 1 adult 4 children | $1,182 | $1,038 | $1,417 | $1,334 | $972 |
| 2 adults 3 children | $1,182 | $1,038 | $1,606 | $1,334 | $697 |
| 1 adult 3 children | $1,182 | $848 | $1,171 | $1,334 | $768 |
| 2 adults 2 children | $832 | $850 | $1,361 | $1,165 | $599 |
| 1 adult 2 children | $832 | $635 | $926 | $1,165 | $536 |
| 2 adults 1 child | $832 | $672 | $1,116 | $616 | $568 |
| 1 adult 1 child | $832 | $434 | $681 | $616 | $476 |
| 2 adults | $632 | $540 | $870 | $0 | $486 |
| 1 adult | $627 | $294 | $435 | $0 | $436 |
Safety trends & Data
Live Oak County, Texas's property crime trends over the last five years might offer insights into community dynamics potentially impacting real estate decisions. Reports of burglary peaked at 12 cases in 2018 but dropped to 1 by 2021, with a slight increase to 2 in 2022. Larceny-theft saw a notable drop from 9 cases in 2018 to 2 since 2019. Motor vehicle theft showed a different trend, starting at 6 cases in 2018, dipping to 1 in 2020, and then rising to 7 in 2022. Minimal and sporadic reports... Read more
Property Crime Trends in Live Oak County, TX Over the Last 5 Years
Live Oak County, Texas has seen fluctuating property crime rates over the past five years. Burglary incidents peaked in 2018 with 12 reported cases, dropping to as low as 1 in 2021 before a slight uptick to 2 in 2022. Larceny-theft showed a sharp decline from 9 cases in 2018 to only 2 in 2019, holding steady through 2022. Motor vehicle theft rates provide an interesting contrast; starting at 6 cases in 2018, dipping in 2020 to just 1, and significantly rising to 7 in 2022. Notably, other categories like forgery and fraud have been minimal, with sporadic occurrences. These changing trends may signal evolving community dynamics and could influence decisions for potential investors, property developers, and residents.
Demographics
Live Oak County, Texas presents a rather skewed gender distribution with males slightly outnumbering females, reflecting certain sociocultural dynamics of the area. Educational attainment shows a significant number of residents with high school diplomas or some college education, yet there’s a notable fraction who haven’t completed high school, suggesting gaps in educational services or access. Age distribution is fairly balanced, hinting at a stable mix of younger and older generations... Read more
Race Distribution in Live Oak County, Texas (2022)
Educational Attainment in Live Oak County, Texas (2022)
Age Distribution in Live Oak County, Texas
Citizen Population in Live Oak County, Texas (2022)
Political Trends & Data
In Live Oak County, Texas, the 2020 U.S. Presidential Election results suggest a notable Republican stronghold, with Republicans likely capturing nearly 83% of the votes. Democrats might have received around 16%, while the Libertarian and Green parties garnered minimal support, each with around 0.6% and 0.1% respectively. This data indicates a distinct Republican preference, possibly influencing local real estate trends, such as buyer demographics and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Live Oak County, Texas, displayed a strong lean towards the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly garnering about 83% of the votes. Democrats may have secured around 16%, while votes for Libertarian and Green parties were minimal, each capturing roughly 0.6% and 0.1% respectively. This distribution suggests a significant Republican preference in this county compared to other political affiliations.
83.08% of voters voted for the Republican party in the 2020 Presidential Election
16.20% of voters voted for the Democrat party in the 2020 Presidential Election
0.59% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% of voters voted for the Green party in the 2020 Presidential Election
School Data
Live Oak County, Texas has maintained a student-to-teacher ratio consistently below the national average of fourteen students per teacher for the past decade, which may be appealing to families looking for more individualized attention for their children in schools. This stable educational environment can suggest community sustainability, influencing property values and demand positively. For investors and builders, the county's education stats might be a promising sign, while real estate... Read more
Student-to-teacher ratio in Live Oak County, Texas over the last 10 years
Live Oak County, Texas has consistently maintained a student-to-teacher ratio below the national average of fourteen students per teacher over the last decade. The ratio fluctuated slightly but generally stayed within the range of eleven to fourteen students per teacher, peaking at around thirteen in 2018. This relatively low ratio could be appealing to families considering relocation, as it may indicate more individualized attention for students. For investors and builders, the stable educational environment can be a positive indicator of community sustainability, potentially affecting property values and demand. Real estate agents and appraisers might also consider this data when assessing the attractiveness of the county to prospective buyers and for setting property prices.
