Llano County Real Estate and Livability Trends
Llano County, Texas has experienced notable increases in average taxable income and tax liabilities over the past decade, with average taxable income peaking at $118,299.23 in 2021. These financial trends could be indicative of rising property values and an overall uptick in economic activity, which might attract investors. Moreover, the median home value has surged from $160,600 in 2015 to... Read more
Llano County Market Trends
The median home values in Llano County, Texas, have surged from $160,600 in 2015 to $287,000 in 2022, outpacing both Texas and national averages. This could signal a promising zone for homeowners and investors eyeing quick value gains. Energy tax credits in the county spiked starting in 2019, possibly driven by increased household investments in energy efficiency or renewable energy, appealing to... Read more
Median Value of Occupied Housing Units in Llano County, Texas Over the Last 8 Years
Over the last eight years, Llano County, Texas has seen a significant rise in median home values, climbing from $160,600 in 2015 to $287,000 in 2022. The increase is particularly pronounced compared to the Texas average, which moved from $136,000 to $238,000 in the same period. Nationally, the median value saw a more modest growth, rising from $125,500 to $179,400. This trend could attract prospective homeowners and investors looking for rapid appreciation potential, and might reflect a growing demand in Llano County's housing market.
Residential Energy Tax Credit Per Tax Return in Llano County, TX Over the Last 8 Years
Llano County, Texas, has seen noticeable fluctuations in the average residential energy tax credit per tax return over the past eight years, with a marked increase starting in 2019. While the average credit hovered around $528.57 to $655.56 between 2013 and 2017, a significant jump occurred in 2019, reaching $1,616.67. This upward trend continued with values over $1,200 in 2020 and 2021. Such data might hint at growing investments in energy-efficient homes or renewable energy installations, making the area potentially attractive for green investors and sustainable development projects.
Average Real Estate Taxes Per Tax Return in Llano County, TX Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Llano County, Texas have shown a notable upward trend, doubling from $5,469.09 in 2012 to $10,061.76 in 2021. This consistent rise emphasizes potential increases in property values and could reflect broader economic growth within the area. For investors, appraisers, and real estate agents, this trend suggests both opportunities and higher carrying costs when dealing with property in Llano County. Individuals looking to move here may need to weigh these tax increments against other benefits of the locale.
Percentage of Farm Returns in Llano County, TX Over the Last 10 Years
The percentage of farm returns in Llano County, Texas, has shown a fluctuating yet generally declining trend over the last decade. From a high of approximately 7.19% in 2013, there was a notable drop to around 5.87% by 2021. Investors or potential residents might see this as indicative of shifting economic patterns and possibly dwindling agricultural focus in the region. Farm tax returns, which reflect the number of tax filings specifically associated with farm income, offer insights into the viability and financial health of the farming sector within the county. This trend may influence decisions regarding property investments, agricultural development, or even lifestyle preferences for those interested in the County's rural and farming community.
Number of Mortgages by Occupancy Type in Llano County, TX Over the Last 5 Years in Llano County
Over the past five years in Llano County, Texas, there has been a noticeable decline in the number of mortgages for principal residences, decreasing from 789 in 2018 to 983 in 2022. Conversely, second residence mortgages have shown fluctuations, peaking at 608 in 2020 and dropping significantly to 218 in 2022. Investment property mortgages, while initially lower, saw a slight uptick in 2020 before declining again in 2022. For investors and real estate agents, these shifts could suggest varying levels of interest and profitability in different property types over time. A declining principal residence mortgage count might imply a cooling housing market or increasing competition from other markets. Appraisers and insurance agents could find the data useful for assessing risk and property values. Builders might need to tailor future projects to match the more volatile demand for second residences and investment properties.
Economic Outlook
Llano County, Texas has seen substantial growth in average taxable income per tax return over the past nine years, peaking at $118,299.23 in 2021. This generally upward trend, despite occasional dips, suggests a potential local economic upturn. Additionally, the county has experienced fluctuations in state and local income taxes, with notable peaks in 2017 and a dramatic rise in 2018, which could indicate economic volatility that might be of interest to investors and real estate professionals.... Read more
Average Taxable Income per Tax Return in Llano County, TX over the last 9 years
Llano County, Texas has experienced substantial growth in average taxable income per tax return over the past nine years, peaking notably in 2021 with an average of $118,299.23. There was a general upward trend with occasional fluctuations, including a dip in 2016 followed by a significant increase starting in 2017. This pattern may suggest a local economic upturn and could signal a prosperous environment for potential investors, property developers, and real estate professionals.
Average State and Local Income Taxes Per Tax Return in Llano County, TX Over the Last 10 Years
Llano County, Texas has experienced several fluctuations in state and local income taxes per tax return over the past decade, with notable peaks in 2017 at $32,980.00 and a dramatic rise in 2018 reaching $73,150.00. These variations could be of particular interest to investors, real estate agents, and potential new residents, suggesting volatility that may reflect broader economic shifts or local policy changes. The significant increase in 2018, in particular, signals a period of financial change that may warrant closer inspection for those assessing the county's economic climate.
Average Total Tax Liability Per Tax Return in Llano County, TX Over the Last 10 Years
Llano County, Texas has seen a notable increase in average tax liability per tax return over the last decade. Starting at $12,535.96 in 2012, the tax liability fluctuated but climbed sharply by 2021, reaching $27,339.16. Significant jumps, particularly from 2017 onward, suggest a possible correlation with rising property values and income levels. For investors and real estate agents, this data could signal growing economic activity and profitability, while appraisers and insurance agents may see implications for property valuation and risk assessment. The notable rise in 2020 and 2021 might reflect broader economic trends or local developments affecting the area's financial landscape.
Cost of Living in Llano County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,297 | $1,102 | $1,774 | $1,589 | $854 |
| 1 adult 4 children | $1,297 | $900 | $1,357 | $1,589 | $979 |
| 2 adults 3 children | $1,297 | $900 | $1,539 | $1,589 | $703 |
| 1 adult 3 children | $1,297 | $735 | $1,122 | $1,589 | $790 |
| 2 adults 2 children | $1,066 | $737 | $1,305 | $1,387 | $639 |
| 1 adult 2 children | $1,066 | $550 | $887 | $1,387 | $602 |
| 2 adults 1 child | $1,066 | $582 | $1,070 | $731 | $596 |
| 1 adult 1 child | $1,066 | $376 | $652 | $731 | $513 |
| 2 adults | $810 | $468 | $835 | $0 | $481 |
| 1 adult | $804 | $255 | $418 | $0 | $440 |
Safety trends & Data
Llano County, Texas has seen its property crime rates, including burglary, larceny-theft, motor vehicle theft, and vandalism, fluctuate significantly over the past five years. Noteworthy peaks occurred in 2019 and 2020, while fraud cases rose to 6.0 in 2022. These trends may suggest a growing emphasis on property security for potential investors and residents, highlighting the importance of preventative measures in real estate... Read more
Property Crime Trends in Llano County, TX Over the Last 5 Years
Llano County, Texas has shown notable fluctuations in various property crimes over the past five years. Burglary incidents peaked at 5.0 cases in both 2019 and 2021 but declined to 3.0 cases by 2022, while larceny-theft had a significant spike in 2019 with 10.0 cases before stabilizing at lower levels. Motor vehicle theft demonstrated a concerning trend, rising steadily to reach 9.0 cases in 2021. Vandalism saw an upward trajectory reaching its highest at 9.0 cases in 2020. Fraud cases have been relatively low but showed a noticeable increase to 6.0 cases in 2022. These trends could be critical for investors, residents, and professionals involved in real estate or insurance, suggesting a fluctuating but generally increasing need for preventative measures and security in the area.
Demographics
Llano County, Texas, exhibits some intriguing demographic trends. The adult population is almost evenly split by gender, with a slight incline toward more females. There seems to be a balanced pattern of educational attainment with notable percentages finishing high school or pursuing at least some college education. Age distribution skews towards an older demographic, with a significant proportion aged 55 and over. Racially, the population is predominately White, with very small... Read more
Race Distribution in Llano County, Texas (2022)
Educational Attainment in Llano County, Texas (2022)
Age Distribution in Llano County, Texas
Citizen Population in Llano County, Texas (2022)
Political Trends & Data
Llano County, Texas, showed a significant preference for the Republican party in the 2020 U.S. Presidential Election, with nearly 80% of voters casting their ballots for the GOP. The Democratic party garnered roughly 19% of the vote, while minor parties like the Libertarians and Greens received less than 1% combined. This strong lean towards Republican candidates could suggest a heavily conservative voter base, reflecting broader regional trends within... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Llano County, Texas, showed a significant preference for the Republican party in the 2020 U.S. Presidential Election, with nearly 80% of voters casting their ballots for the GOP. The Democratic party garnered roughly 19% of the vote, while minor parties like the Libertarians and Greens received less than 1% combined. This strong lean towards Republican candidates may suggest a heavily conservative voter base, reflective of broader regional trends within Texas.
79.61% of voters voted for the Republican party in the 2020 Presidential Election
19.47% of voters voted for the Democrat party in the 2020 Presidential Election
0.78% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% of voters voted for the Green party in the 2020 Presidential Election
0.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Llano County, Texas, student-to-teacher ratios have remained below the national average of fourteen students per teacher over the past decade, dipping to twelve students per teacher recently. This trend highlights smaller class sizes, suggesting a community invested in education quality. For investors and potential relocators, this could signal strong property values, while real estate agents, developers, appraisers, and insurance agents might view this as a stable, low-risk attribute that... Read more
Student-to-teacher ratio in Llano County, Texas over the last 10 years
Student-to-teacher ratios in Llano County, Texas have generally trended below the national average of fourteen students per teacher over the past ten years. Despite some fluctuations, such as a slight increase around 2014-2017, the ratio has shown a decreasing trend, reaching a low of twelve students per teacher in recent years. This trend could indicate smaller class sizes, potentially leading to more individualized attention for students. For investors or those interested in relocating, these figures might suggest a community focused on education quality, possibly enhancing property values. Real estate agents and developers might find this appealing for marketing purposes, while appraisers and insurance agents could see this as a stable attribute of the area, offering stability and potentially lower risks associated with educational dissatisfaction.
