McCulloch County Real Estate and Livability Trends
McCulloch County, Texas has shown a notable rise in average taxable income from $42,260.83 in 2013 to $59,150.86 in 2021, which might pique the interest of investors scouting for economic growth. The consistency in increasing median home values, despite a temporary dip in 2021, now at $98,700, suggests it remains an affordable investment relative to state and national benchmarks. There's been a... Read more
McCulloch County Market Trends
McCulloch County, Texas has consistently seen increasing median home values over the past eight years, despite a brief dip in 2021, currently at $98,700. This remains an affordable spot compared to broader state and national figures, hinting at future investment potential. Additionally, the notable rise in energy tax credits per tax return, especially the spike to $833.33 in 2020, suggests... Read more
Median Value of Occupied Housing Units in McCulloch County, Texas Over the Last 8 Years
Over the past eight years, the median home values in McCulloch County, Texas, have shown a consistent upward trend, with a dip in 2021. Starting at $67,500 in 2015 and reaching $98,700 in 2022, McCulloch County's home values present a more affordable opportunity compared to the broader Texas average and national figures. In contrast, Texas saw values go from $136,000 in 2015 to $238,000 in 2022, and the national trend moved from $125,500 to $179,400 in the same period. This could indicate potential for significant investment returns in McCulloch County as it continues to develop and attract more residents.
Residential Energy Tax Credit Per Tax Return in McCulloch County, TX Over the Last 5 Years
McCulloch County, Texas has seen quite a notable trend in the average residential energy tax credits per tax return over the last five years. The credits started at $233.33 in 2013, dipped to $200.00 in 2014, and then saw fluctuations before significantly spiking to $833.33 in 2020. This upward trajectory, especially the jump in 2020, may suggest growing incentives for homeowners to invest in energy-efficient improvements, making it an area of potential interest for real estate agents, property developers, and homebuyers prioritizing energy savings.
Average Real Estate Taxes Per Tax Return in McCulloch County, TX Over the Last 10 Years
Over the last decade, McCulloch County, Texas has seen a notable upward trend in average real estate taxes per tax return, climbing from $2,670.27 in 2012 to $4,925.00 in 2021. While there were fluctuations, with a significant jump to $6,600.00 in 2020, the overall increase reflects potentially rising property values and/or tax rates. This trend might suggest a growing demand for real estate in the area, possibly making it an attractive spot for real estate investors and those looking to buy property. However, higher taxes could also impact the affordability for some buyers and might be a consideration for those assessing long-term costs.
Percentage of Farm Returns in McCulloch County, TX Over the Last 10 Years
Over the last decade, McCulloch County, Texas has seen its farm tax returns hover around 12.33% to 13.77% of total returns. This trend indicates a relatively stable agricultural sector. Farm tax returns refer to the percentage of tax filings from agricultural business owners, which serve as a useful metric for understanding the economic health of the county’s farming community. Potential investors or new residents might find this data reassuring, as it points to a steady agrarian economy, potentially signifying reliable farm income and investment opportunities in the region’s agricultural sector.
Number of Mortgages by Occupancy Type in McCulloch County, TX Over the Last 5 Years in McCulloch County
Over the last five years in McCulloch County, Texas, there's a noticeable trend in the number of mortgages for different occupancy types. Principal residences consistently dominate the market, with their counts ranging from 102 to 197 per year. Investment properties, though less prominent, show a slight increase from 3 to 13 mortgages over the period, while second residences remain stable with minimal fluctuations. These shifts in occupancy type could suggest varying levels of investor confidence and demand for different property uses, which might influence real estate strategies, appraisals, and insurance assessments. For those considering investment or relocation, understanding these patterns could help in making informed decisions.
Economic Outlook
McCulloch County, Texas has experienced significant fluctuations in average taxable income, rising notably from $42,260.83 in 2013 to $59,150.86 in 2021. This general upward trend could be intriguing for investors eyeing economic growth and stability. Similarly, the average total tax liability per tax return has increased, peaking at $10,059.62 in 2021. Although there were some variable years, this overall rise in tax liabilities might signal higher incomes or shifting tax policies, pertinent... Read more
Average Taxable Income per Tax Return in McCulloch County, TX over the last 9 years
Over the last nine years, McCulloch County, Texas has seen fluctuations in average taxable income per tax return, with a notable increase from $42,260.83 in 2013 to $59,150.86 in 2021. This trend suggests a generally positive income growth, albeit with some variability. Such financial dynamics could be attractive to real estate investors and appraisers looking for upward trends. Insurance agents and residents might find this relevant for evaluating economic stability and potential policy adjustments. The relative increase in average taxable income could indicate a gradually strengthening local economy, potentially spurring interest from developers and real estate agents to explore new opportunities in the area.
Average Total Tax Liability Per Tax Return in McCulloch County, TX Over the Last 10 Years
In McCulloch County, Texas, over the last decade, the average total tax liability per tax return has generally seen a notable increase, with figures starting around $6,538.80 in 2012 and reaching a peak at $10,059.62 in 2021. While there were fluctuations, a few years like 2014, 2017, and 2018, averaged over $7,800, suggesting a trend towards higher tax liabilities. This upward trend in tax liabilities could reflect increased incomes or changes in tax policies, and might be a point of consideration for potential investors, property developers, and those involved in financial planning or real estate within the county.
Cost of Living in McCulloch County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,142 | $1,379 | $2,062 | $1,164 | $875 |
| 1 adult 4 children | $1,142 | $1,126 | $1,579 | $1,164 | $961 |
| 2 adults 3 children | $1,142 | $1,127 | $1,788 | $1,164 | $696 |
| 1 adult 3 children | $1,142 | $920 | $1,305 | $1,164 | $717 |
| 2 adults 2 children | $938 | $922 | $1,514 | $1,013 | $619 |
| 1 adult 2 children | $938 | $689 | $1,031 | $1,013 | $563 |
| 2 adults 1 child | $938 | $729 | $1,240 | $523 | $607 |
| 1 adult 1 child | $938 | $471 | $757 | $523 | $500 |
| 2 adults | $747 | $586 | $966 | $0 | $537 |
| 1 adult | $707 | $319 | $483 | $0 | $466 |
Safety trends & Data
Property crime in McCulloch County, Texas, has fluctuated over the past five years, with a high in 2018 seeing 35.00 larceny-theft incidents among other crimes like burglary and motor vehicle theft. Dramatic declines followed in 2019 and 2021, possibly hinting at improved local enforcement or effective community initiatives. This trend could be appealing to investors, real estate agents, and potential residents who often link lower crime rates with rising property values and safer... Read more
Property Crime Trends in McCulloch County, TX Over the Last 5 Years
Property crime in McCulloch County, Texas has varied notably over the past five years. 2018 saw a peak in incidents with 35.00 cases of larceny-theft and a mix of other crimes such as burglary, motor vehicle theft, and vandalism. However, subsequent years showed a dramatic decline, particularly in 2019 and 2021, where the numbers in most categories dropped substantially. Such a trend may suggest improved local enforcement or community initiatives aimed at reducing crime. Investors, real estate agents, and prospective residents might be interested in this decrease, as it could potentially correlate with rising property values and a safer living environment.
Demographics
McCulloch County, Texas presents a fairly balanced gender distribution with perhaps a slight male majority. Interestingly, a significant portion of the population holds only a high school diploma or some college education, which possibly reflects on local job market attributes or educational resources available. The age distribution suggests a demographic skew towards older age groups, indicating potential implications for healthcare and senior services. The racial composition remains... Read more
Race Distribution in McCulloch County, Texas (2022)
Educational Attainment in McCulloch County, Texas (2022)
Age Distribution in McCulloch County, Texas
Citizen Population in McCulloch County, Texas (2022)
Political Trends & Data
In McCulloch County, Texas, the 2020 U.S. Presidential Election results showed the Republican Party gathering around 84.5% of the vote, with the Democratic Party trailing at approximately 14.3%. Libertarian and Green parties barely made a dent, with their support just above 1%. This trend hints at a solid conservative base in the county, mirroring the broader political landscape of Texas where Republican dominance frequently... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In McCulloch County, Texas, the 2020 U.S. Presidential Election results showed a significant leaning toward the Republican Party, which likely isn't surprising given the area's broader voting patterns. Republican candidates garnered around 84.5% of the vote, while Democratic candidates secured about 14.3%. The Libertarian and Green parties had minimal impact, with their combined support barely surpassing 1%. These numbers hint at a deep-rooted conservative stance among the local electorate, reflecting wider state trends where Republican dominance is often observed.
84.52% of voters voted for the Republican party in the 2020 Presidential Election
14.26% of voters voted for the Democrat party in the 2020 Presidential Election
1.05% of voters voted for the Livertarian party in the 2020 Presidential Election
0.17% of voters voted for the Green party in the 2020 Presidential Election
School Data
In McCulloch County, Texas, the student-to-teacher ratio has risen from 9 students per teacher in 2014 to nearly 11 by 2023. Though still below the national average of 14, the upward trend may suggest changes in educational resource allocation, affecting classroom dynamics and student performance. This could be significant for parents considering relocation, real estate agents, and investors, as educational quality usually influences property values and market appeal. Appraisers and insurance... Read more
Student-to-teacher ratio in Mcculloch County, Texas over the last 10 years
In McCulloch County, Texas, the student-to-teacher ratio has seen a gradual increase over the past decade, growing from 9 students per teacher in 2014 to nearly 11 by 2023. While still below the national average of 14 students per teacher, the rising ratio could signal shifting educational resource allocation, impacting classroom dynamics and possibly student performance. For parents considering relocation, real estate agents, and investors, these trends may hint at underlying changes in local educational policies or population growth. Appraisers and insurance agents might find this data relevant when evaluating property values, as educational quality often influences market appeal.
