Maverick County Real Estate and Livability Trends
Maverick County, Texas, is seeing positive momentum in real estate, with median home values hitting $125,000 in 2022, although still trailing behind Texas' $238,000 and the national median of $179,400. This, coupled with a significant jump in residential energy tax credits from $444.44 in 2013 to $3,209.52 in 2021, suggests a local emphasis on energy-efficient home upgrades. However, real estate... Read more
Maverick County Market Trends
Maverick County, Texas has experienced a notable rise in median home values, reaching $125,000 in 2022, still lagging behind Texas' $238,000 and the national median of $179,400. Residential energy tax credits have surged, going from $444.44 in 2013 to about $3,209.52 by 2021, hinting at a significant investment in energy-efficient home upgrades. Real estate taxes have also increased sharply, from... Read more
Median Value of Occupied Housing Units in Maverick County, Texas Over the Last 8 Years
Over the last eight years, Maverick County, Texas has seen a steady increase in its median home values, culminating in a substantial jump to $125,000 in 2022 from $88,700 in 2015. This growth, while impressive, still trails behind the state of Texas and national figures; Texas saw its median home value escalate to $238,000 in 2022, while the national median value reached $179,400. For investors and residents, Maverick County's climbing yet affordable housing market might offer a promising opportunity when compared to the more rapid increases statewide and nationally.
Residential Energy Tax Credit Per Tax Return in Maverick County, TX Over the Last 9 Years
Maverick County, Texas has seen a significant rise in residential energy tax credits over the past nine years. In 2013, the average credit per tax return was around $444.44, and it has since ballooned to approximately $3209.52 by 2021. This upward trend suggests that residents are increasingly investing in energy-efficient upgrades and technologies, which could be an attractive point for potential investors and homebuyers looking for modernized homes. The sharp increase in 2018, reaching about $2020.00, indicates a particularly strong shift towards energy efficiency in recent years. For appraisers and real estate agents, this growth might signal enhanced property values, while insurers could anticipate a shift in risk models based on the energy-efficient modifications.
Average Real Estate Taxes Per Tax Return in Maverick County, TX Over the Last 10 Years
Over the past decade in Maverick County, Texas, real estate taxes per tax return have shown a marked upward trend, increasing from approximately $3,081.82 in 2012 to around $5,370.37 by 2021. The data suggests pronounced jumps, particularly between 2017 and 2018, where taxes spiked to $5,053.49 from $3,843.82. This could matter for those interested in investing, moving, or building property here due to the potential for higher carrying costs. Real estate agents, appraisers, and insurance agents should consider these fluctuations when advising clients or evaluating property values.
Percentage of Farm Returns in Maverick County, TX Over the Last 10 Years
Over the last decade, Maverick County in Texas has shown fluctuations in the percentage of farm returns, ranging from 0.76% to 0.89%. Farm tax returns often reflect the economic health of the agricultural community, which can be a critical factor for potential investors and those considering property development. Notable dips in 2015 and 2016, down to around 0.76%, suggest possible periods of economic struggle for local farms, while peaks in 2013 and 2018, nearing 0.89%, may indicate strong agricultural output. Understanding these trends can provide valuable insights into the stability and growth potential of Maverick County's agriculture-based economy.
Number of Mortgages by Occupancy Type in Maverick County, TX Over the Last 5 Years in Maverick County
Maverick County, Texas has shown consistent growth in mortgage counts for principal residences over the last five years, peaking at 1,549 in 2021 before a slight dip in 2022. Investment properties have also seen an upward trend, with an increase from 29 in 2018 to 80 in 2022. Meanwhile, second residences have remained relatively stable with minimal fluctuations. Changes in occupancy type can signal shifts in the local housing market dynamics, affecting decisions for investors, homebuyers, appraisers, and real estate agents. These metrics may imply a more competitive market for permanent homes and investments, while stability in second residences suggests limited seasonal or vacation use. Understanding these trends is crucial for accurately appraising property values, assessing investment risks, and shaping development strategies.
Economic Outlook
In Maverick County, Texas, there's been a general upward trend in average taxable income, rising from $34,595.12 in 2013 to $41,734.18 in 2021, which might indicate a strengthening local economy. Fluctuations in state and local income taxes, peaking at $3,250.00 in 2018, and changes in total tax liability, which climbed from $4,035.50 in 2013 to $4,651.65 in 2021, could reflect underlying economic shifts or policy impacts. These trends may appeal to investors and real estate professionals as... Read more
Average Taxable Income per Tax Return in Maverick County, TX over the last 9 years
Over the last nine years, the average taxable income per tax return in Maverick County, Texas has generally trended upward, showing particular growth from $34,595.12 in 2013 to $41,734.18 in 2021. Despite some fluctuations, such as a slight drop in 2020, the overall increase potentially indicates a strengthening local economy. This upward trend could be appealing to investors and developers eyeing Maverick County as a promising area for economic activities and property development. Real estate professionals and insurance agents might also find these figures indicative of a community with increasing financial stability.
Average State and Local Income Taxes Per Tax Return in Maverick County, TX Over the Last 7 Years
Over the past seven years, Maverick County, Texas has seen fluctuations in average state and local income taxes per tax return, peaking at $3,250.00 in 2018. Notably, there was a sharp drop from $2,866.67 in 2012 to $1,994.44 in 2015, followed by a gradual increase. These trends could be crucial for potential investors, builders, and real estate stakeholders looking to understand the economic climate and fiscal demands in the area. Such variations might hint at underlying economic factors or policies affecting income taxation, which could impact financial planning and property investment decisions in the county.
Average Total Tax Liability Per Tax Return in Maverick County, TX Over the Last 10 Years
The average total tax liability per tax return in Maverick County, Texas has generally been increasing over the past decade, with some fluctuations. Notably, there's been a significant rise from $4,035.50 in 2013 to $4,651.65 in 2021. These trends might suggest a growing economic base or changes in income levels or tax policy. For investors, real estate agents, and appraisers, this could indicate shifting financial responsibilities for residents, potentially influencing property values and market dynamics in the county.
Cost of Living in Maverick County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,071 | $1,098 | $1,934 | $996 | $622 |
1 adult 4 children | $1,071 | $897 | $1,480 | $996 | $660 |
2 adults 3 children | $1,071 | $897 | $1,677 | $996 | $498 |
1 adult 3 children | $1,071 | $732 | $1,223 | $996 | $466 |
2 adults 2 children | $844 | $734 | $1,421 | $869 | $455 |
1 adult 2 children | $844 | $548 | $967 | $869 | $385 |
2 adults 1 child | $844 | $580 | $1,164 | $455 | $480 |
1 adult 1 child | $844 | $375 | $710 | $455 | $396 |
2 adults | $676 | $466 | $908 | $0 | $453 |
1 adult | $671 | $254 | $454 | $0 | $416 |
Safety trends & Data
In Maverick County, Texas, the property crime landscape has experienced noticeable shifts over the past five years. Burglary incidents surged from 13 in 2018 to a peak of 57 in 2021, before dipping to 39 in 2022. Larceny-theft remained consistently high, peaking at 114 cases in 2019 and hovering around 100 cases in the following years. Motor vehicle theft saw a significant rise, from just 2 cases in 2018 to about 40 by 2021 and 2022, while vandalism hit a high of 44 cases in 2022. This dynamic... Read more
Property Crime Trends in Maverick County, TX Over the Last 5 Years
In Maverick County, Texas, the property crime landscape has fluctuated over the past five years. Notably, burglary incidents surged from 13 in 2018 to a peak of 57 in 2021, before declining to 39 in 2022. Larceny-theft consistently remained the most prevalent crime, peaking at 114 cases in 2019 and stabilizing around the 100-mark in subsequent years. Motor vehicle theft showed a marked increase, rising from just 2 cases in 2018 to around 40 by 2021 and 2022. Vandalism also trended upward, reaching a high of 44 cases in 2022. These trends indicate a dynamic property crime environment, essential for potential investors, real estate agents, and residents to monitor closely.
Demographics
The population in Maverick County, Texas skews slightly male with around 16,140 males to 15,142 females. The educational attainment data shows a significant proportion of residents have a high school diploma, but fewer have pursued higher education, with only about 1,405 achieving a graduate or professional degree. Age distribution is youthful, with substantial numbers under 10 years, indicating family-centric dynamics. Race distribution data reveals a predominantly White population, while... Read more
Race Distribution in Maverick County, Texas (2022)
Educational Attainment in Maverick County, Texas (2022)
Age Distribution in Maverick County, Texas
Citizen Population in Maverick County, Texas (2022)
Political Trends & Data
Maverick County in Texas showed a slight Democratic preference in the 2020 U.S. Presidential Election, with about 54% of votes leaning blue compared to 45% for Republicans. This shift could imply a trend toward more competitive elections in Texas, a state historically known for its Republican dominance. The negligible impact of minor parties further underscores the polarized nature of voting in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Maverick County in Texas leaned Democratic in the 2020 U.S. Presidential Election, with an approximate 54% share of the votes. Republicans garnered around 45%, while minor parties like Libertarians and Greens collectively made up less than 1%. This suggests a clear, albeit narrow, preference for Democratic policies in this county, highlighting a potential trend towards more competitive elections in traditionally Republican-leaning Texas.
44.84% of voters voted for the Republican party in the 2020 Presidential Election
54.29% of voters voted for the Democrat party in the 2020 Presidential Election
0.48% of voters voted for the Livertarian party in the 2020 Presidential Election
0.39% of voters voted for the Green party in the 2020 Presidential Election
School Data
Maverick County, Texas has seen its student-to-teacher ratio fluctuate between 16 and 17 over the past decade, with a notable dip to 15.93 in 2022 before spiking back to 17.14 in 2023. These changes are worth noting as they can impact educational quality and subsequently affect property values and the area's appeal to... Read more
Student-to-teacher ratio in Maverick County, Texas over the last 10 years
The student-to-teacher ratio in Maverick County, Texas has fluctuated over the past decade, generally hovering around 16 to 17 students per teacher. Notably, in 2022, this ratio dipped to 15.93, coming close to the national average of fourteen students per teacher, but spiked back to 17.14 in 2023. These shifts matter because they can impact educational quality, with higher ratios potentially straining resources and lowering individual student attention. For those considering investment, moving, or participating in the local real estate market, the student-to-teacher ratio offers insight into the community’s educational environment, potentially influencing property values and the attractiveness of the area for families.