Mason County Real Estate and Livability Trends
Mason County, Texas has demonstrated promising economic and real estate growth indicators, with average taxable income per tax return rising to $86,327.40 by 2021 and median home values soaring from $154,800 in 2015 to $254,500 in 2022. This considerable appreciation could hint at attractive investment opportunities and equity gains for current homeowners. The spike in energy tax credits for... Read more
Mason County Market Trends
Mason County, Texas has experienced a significant growth in median home values from $154,800 in 2015 to $254,500 in 2022, outpacing both state and national trends. This rapid increase hints at potential investment opportunities and substantial equity growth for current residents. Additionally, the jump in average residential energy tax credits per tax return, from around $450.00 in 2016 to... Read more
Median Value of Occupied Housing Units in Mason County, Texas Over the Last 8 Years
Mason County, Texas has seen substantial growth in median home values over the last eight years, climbing from $154,800 in 2015 to $254,500 in 2022. This rise considerably outstrips both state and national trends, with Texas median values moving from $136,000 to $238,000 and national figures increasing more modestly from $125,500 to $179,400 in the same period. The rapid increase in Mason County may signal a lucrative opportunity for investors and builders, while current residents might see significant equity growth.
Residential Energy Tax Credit Per Tax Return in Mason County, TX Over the Last 2 Years
Mason County, Texas has seen a noteworthy increase in the average residential energy tax credit per tax return over the past two years, jumping from approximately $450.00 in 2016 to $1200.00 in 2017. This trend may suggest a growing investment in energy-efficient home improvements and renewable energy projects, which could be appealing to various stakeholders seeking to capitalize on sustainable living initiatives and financial incentives in the area.
Average Real Estate Taxes Per Tax Return in Mason County, TX Over the Last 10 Years
Over the past decade in Mason County, Texas, real estate taxes per tax return have experienced noticeable fluctuations, peaking at $7,400.00 in 2020 before slightly decreasing to $6,460.00 in 2021. The upward trend, particularly from 2016 to 2020, may suggest increasing property values or tax rate adjustments. This pattern could be noteworthy for investors or potential residents as it determines the ongoing and future tax implications on property ownership. For real estate agents and appraisers, these trends provide useful context for pricing strategies and property valuations. Insurance agents might also consider these figures when advising clients on property insurance policies.
Percentage of Farm Returns in Mason County, TX Over the Last 10 Years
Over the past decade, Mason County, Texas has seen fluctuating yet relatively stable percentages of farm tax returns, ranging from approximately 24.14% to 27.51%. Noteworthy declines were observed after 2016, with the percentage dropping to around 24.14% in 2017 and 2018, before slightly rebounding in subsequent years. Farm tax returns represent the proportion of filed returns where the primary income is derived from farming activities, reflecting the economic significance of agriculture in the county. This metric can be especially relevant for potential investors, developers, and residents interested in the county's agricultural viability and economic fabric.
Number of Mortgages by Occupancy Type in Mason County, TX Over the Last 5 Years in Mason County
Mason County, Texas has seen a steady demand for principal residences over the last five years, with a notable peak in 2021 at 117 mortgages. Investment properties and second residences have remained relatively stable but low, suggesting a market more geared towards primary homeowners rather than investors or vacationers. Understanding these occupancy type changes is crucial for those considering investments or new developments, as it indicates a consistent need for principal residences. Real estate agents and appraisers might find this trend useful for valuing properties, while insurance agents could assume a lower risk profile associated with fewer investment properties.
Economic Outlook
Mason County, Texas has seen a steady increase in average taxable income per tax return, jumping to $86,327.40 in 2021, which could signal a growing economy enticing to investors and real estate agents. The notable rise in tax liability, peaking at $17,979.87 in 2021, suggests an increase in local economic activity or possible changes in tax policy. For property appraisers and insurance agents, these income trends may correlate with rising property values and a demand for more upscale services,... Read more
Average Taxable Income per Tax Return in Mason County, TX over the last 9 years
Over the past nine years, Mason County, Texas has seen a noticeable increase in average taxable income per tax return, with a significant jump to $86,327.40 in 2021. This growing trend might be appealing to potential investors and real estate agents, indicating an economically thriving area that could offer lucrative opportunities. For insurance agents and property appraisers, the rising incomes may correlate with higher property values and demand for upscale services, suggesting that Mason County's economic landscape is shifting positively, albeit not without fluctuations along the way.
Average Total Tax Liability Per Tax Return in Mason County, TX Over the Last 10 Years
Mason County, Texas has experienced notable fluctuations in average total tax liability per tax return over the past decade, with a general upward trend peaking significantly in 2021 at $17,979.87. The period from 2012 to 2020 shows a consistent rise with intermittent drops, most prominently in 2015 and 2019. This volatility might suggest shifts in local economic conditions or changes in tax policy, making it crucial for investors, real estate agents, and property developers to closely monitor these trends for informed decision-making.
Cost of Living in Mason County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,134 | $1,166 | $2,205 | $1,164 | $849 |
| 1 adult 4 children | $1,134 | $952 | $1,689 | $1,164 | $934 |
| 2 adults 3 children | $1,134 | $953 | $1,911 | $1,164 | $679 |
| 1 adult 3 children | $1,134 | $778 | $1,396 | $1,164 | $697 |
| 2 adults 2 children | $844 | $780 | $1,618 | $1,013 | $585 |
| 1 adult 2 children | $844 | $583 | $1,102 | $1,013 | $522 |
| 2 adults 1 child | $844 | $616 | $1,325 | $523 | $576 |
| 1 adult 1 child | $844 | $398 | $809 | $523 | $473 |
| 2 adults | $672 | $495 | $1,031 | $0 | $513 |
| 1 adult | $636 | $270 | $516 | $0 | $445 |
Safety trends & Data
In Mason County, Texas, property crime trends have shown mild fluctuations over the past four years. Notably, larceny-theft peaked with just 3 reported incidents in 2019, and burglary and vandalism cases appeared sporadically in 2019 and 2021. While the overall crime rate remains low, these erratic patterns might affect property values and insurance rates, making it essential for investors and prospective residents to keep an eye on these... Read more
Property Crime Trends in Mason County, TX Over the Last 4 Years
Property crime in Mason County, Texas has shown slight fluctuations over the past four years, with a noticeable spike in larceny-theft in 2019, peaking at 3 reported incidents. Burglary and vandalism cases were recorded in both 2019 and 2021, suggesting erratic trends rather than a clear increase or decrease in certain types of property crime. Investors or prospective residents should be aware of these patterns as they may imply a generally low but somewhat unpredictable crime rate, potentially influencing property values and insurance rates.
Demographics
In Mason County, Texas, the population is fairly balanced between males and females. The area shows a diverse range of educational attainment, with the largest group being high school graduates or those who have attended some college without earning a degree. There's a notable presence of older residents, particularly those aged 65 to 74 years. The racial distribution is predominantly White, with minimal representation from other racial groups. This data helps identify community needs, such as... Read more
Race Distribution in Mason County, Texas (2022)
Educational Attainment in Mason County, Texas (2022)
Age Distribution in Mason County, Texas
Citizen Population in Mason County, Texas (2022)
Political Trends & Data
In Mason County, Texas, the 2020 U.S. Presidential Election results leaned heavily Republican, with the party possibly receiving around 80% of the votes. In contrast, the Democratic party may have secured just under 19%, suggesting a conservative inclination in the area. Minor parties, including the Libertarian and Green parties, garnered a minimal share, hinting at limited third-party influence locally. This voting pattern might be indicative of broader trends seen in similarly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Texas' Mason County, the 2020 U.S. Presidential Election results suggested a strong inclination towards the Republican party, which possibly garnered around 80% of the votes. Democrats trailed significantly, potentially securing just under 19%, a stark contrast that could hint at the county's conservative leanings. Minor parties such as the Libertarian and Green parties received a negligible share, painting a picture of possible minimal third-party influence in the region. This distribution of votes may reflect a broader political trend within similar counties across Texas.
80.48% of voters voted for the Republican party in the 2020 Presidential Election
18.47% of voters voted for the Democrat party in the 2020 Presidential Election
0.77% 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
0.20% of voters voted for the Other party in the 2020 Presidential Election
School Data
Mason County, Texas boasts consistently favorable student-to-teacher ratios, fluctuating below the national average of 14. Hitting a high of 11 in 2014 and 2022, and a low of 10 in 2016, these numbers suggest a potentially more supportive educational environment. This trend could enhance the community's appeal for prospective investors, homebuyers, and professionals, reflecting well-resourced... Read more
Student-to-teacher ratio in Mason County, Texas over the last 10 years
Mason County, Texas has seen fluctuating student-to-teacher ratios over the last decade, consistently remaining below the national average of 14 students per teacher. With a high of 11 in 2014 and 2022, and a low of 10 in 2016, this relatively low ratio suggests a higher degree of individualized attention for students. For those considering investing in or moving to the area, this could indicate a potentially more supportive educational environment. Appraisers, insurance agents, and real estate professionals might find this trend strengthens the community's appeal, as lower ratios often point to well-resourced schools.
