McLennan County Real Estate and Livability Trends

In McLennan County, Texas, the average taxable income per tax return has significantly risen from $49,565.12 in 2013 to $71,209.40 in 2021, suggesting better ROI for property investments. Median home values have soared from $114,700 in 2015 to $196,400 in 2022, indicating a robust property market that outpaces state and national medians. While energy-efficient upgrades have seen a notable... Read more

Economic Outlook

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In McLennan County, Texas, average taxable income per tax return has surged from $49,565.12 in 2013 to $71,209.40 in 2021, hinting at economic vitality and better ROI for property investments. Coupled with a hike in average state and local income taxes—from $4,858.49 in 2012 to $13,565.79 in 2021—it's clear the area has seen significant economic growth or shifts in tax policies. Poverty rates have fluctuated, peaking at 20.7% in 2018 but falling to 15.1% in 2021, suggesting improved... Read more

Average Taxable Income per Tax Return in McLennan County, TX over the last 9 years

McLennan County, Texas has experienced a notable increase in average taxable income per tax return over the past nine years, jumping from $49,565.12 in 2013 to $71,209.40 in 2021. This upward trend, particularly the sharp rise between 2020 and 2021, may be indicative of economic growth and potential for higher returns on investments. For real estate agents, investors, and insurance agents, understanding this trajectory could inform strategic decisions on property values, market demand, and coverage offerings. This growth pattern could also attract new residents and businesses looking for prosperous communities.

Cost of Living in McLennan County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,307 $1,279 $1,885 $1,215 $806
1 adult
4 children
$1,307 $1,044 $1,441 $1,215 $889
2 adults
3 children
$1,307 $1,045 $1,636 $1,215 $645
1 adult
3 children
$1,307 $853 $1,192 $1,215 $692
2 adults
2 children
$996 $855 $1,387 $1,056 $573
1 adult
2 children
$996 $639 $943 $1,056 $502
2 adults
1 child
$996 $676 $1,137 $542 $555
1 adult
1 child
$996 $437 $693 $542 $462
2 adults
$787 $543 $888 $0 $490
1 adult
$710 $296 $444 $0 $425

Safety trends & Data

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McLennan County, Texas shows fluctuating property crime trends, with larceny-theft being the most prevalent, peaking at 1,425 incidents in 2019. Burglary, vandalism, motor vehicle theft, and arson are noteworthy, with motor vehicle theft hitting 91 in 2020. Lower but significant rates of embezzlement, forgery, and fraud highlight potential concerns for investors and real estate developers focusing on community... Read more

Property Crime Trends in McLennan County, TX Over the Last 5 Years

McLennan County, Texas has experienced variable trends in property crimes over the last five years, with larceny-theft standing out as the most prevalent issue, peaking at 1,425 incidents in 2019. Burglary and vandalism incidents have also shown fluctuations, while motor vehicle thefts and arson have remained relatively lower but still noteworthy, with motor vehicle theft reaching a high of 91 in 2020. Financial-related offenses like embezzlement, forgery, and fraud generally present lower numbers but could be crucial for investors and real estate developers concerned about community safety. Understanding these crime trends can inform better planning and risk assessment for those considering investments or relocations to this Texas county.

Demographics

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McLennan County, Texas, shows a near gender balance among adults, with slightly more females than males. Educational attainment is quite diverse, with many residents having some college education, but fewer holding advanced degrees. Age distribution highlights a substantial younger population, particularly those under 35 years, indicating potential for long-term growth and market sustainability. Racial makeup is predominantly White, but with notable Black or African American communities and... Read more

Race Distribution in McLennan County, Texas (2022)

Educational Attainment in McLennan County, Texas (2022)

Age Distribution in McLennan County, Texas

Citizen Population in McLennan County, Texas (2022)

Political Trends & Data

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In McLennan County, Texas, real estate market trends might be influenced by its strong Republican leaning, evidenced by over 60% of the vote going to Republican candidates in the 2020 U.S. Presidential Election. This political landscape could attract buyers aligning with conservative values, potentially impacting housing preferences and demand. Additionally, the presence of Democratic voters and minor third-party support suggests some level of political diversity that could shape neighborhood... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

In McLennan County, Texas, Republican candidates seemed to significantly dominate the voter base with over 60% of the vote share in the 2020 U.S. Presidential Election. Democratic candidates garnered a notable but much smaller portion, roughly 37%. Third-party candidates like those from the Libertarian and Green parties captured minimal support, barely reaching over 1%. This suggests a strong Republican leaning, though the presence of smaller percentages for other parties hints at some level of political diversity among the electorate.

60.84% of voters voted for the Republican party in the 2020 Presidential Election

37.49% of voters voted for the Democrat party in the 2020 Presidential Election

1.33% of voters voted for the Livertarian party in the 2020 Presidential Election

0.25% of voters voted for the Green party in the 2020 Presidential Election

0.10% of voters voted for the Other party in the 2020 Presidential Election

School Data

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In McLennan County, Texas, the student-to-teacher ratio has generally remained below the national average, dipping from 13.65 in 2014 to 12.92 in 2023. This trend could suggest more individualized student attention, potentially appealing to homebuyers and boosting property values. Real estate agents, appraisers, and developers may view this as a favorable factor, possibly stabilizing or enhancing property values and... Read more

Student-to-teacher ratio in Mclennan County, Texas over the last 10 years

Over the past decade, the student-to-teacher ratio in McLennan County, Texas has generally stayed below the national average of 14 students per teacher, fluctuating from 13.65 in 2014 to 12.92 in 2023. This trend could be valuable for families assessing educational quality, as lower ratios often imply more individualized attention for students. Real estate agents and potential homebuyers might find this appealing, potentially boosting property values. Appraisers and insurance agents might also see stabilized or slightly increased risk levels and property values. Property developers could consider this as a selling point for new housing projects.