McMullen County Real Estate and Livability Trends
In McMullen County, Texas, average taxable incomes have seen fluctuations with peaks around $304,897.92 in 2014 and a low of $88,726.83 in 2016, and have recently stabilized in the lower $100,000s. Median home values peaked at $111,300 in 2020 but are below the state average, standing at $105,100 in 2022. Real estate taxes have seen a significant rise, indicating an upward trend potential... Read more
McMullen County Market Trends
Over the last 8 years, McMullen County, Texas has seen median home values fluctuate, with a low of $69,300 in 2015, peaking at $111,300 in 2020, and settling at $105,100 in 2022. These figures are notably lower than the state's median of $238,000 and the national median of $179,400 in 2022. Real estate taxes have more than doubled from $2,875.00 in 2012 to $5,716.67 in 2017, indicating upward... Read more
Median Value of Occupied Housing Units in McMullen County, Texas Over the Last 8 Years
Over the last 8 years, McMullen County, Texas has seen some significant fluctuations in median home values, ranging from $69,300 in 2015 to a peak of $111,300 in 2020 before settling at $105,100 in 2022. Compared to the state of Texas and the national figures, McMullen County's values are considerably lower; Texas reached $238,000 in 2022 while the national median value was $179,400. For those looking to invest, build, or move to McMullen County, these lower home values might imply more accessible entry points but could also reflect localized economic conditions worth scrutinizing.
Average Real Estate Taxes Per Tax Return in McMullen County, TX Over the Last 6 Years
Over the past six years, McMullen County, Texas has experienced a notable increase in average real estate taxes per tax return, with values rising from $2,875.00 in 2012 to approximately $5,716.67 in 2017. This steady climb, especially between 2013 and 2017, suggests an upward trend likely tied to increasing property values or changes in tax rates. Potential investors, appraisers, and real estate agents should take note of this pattern, as it may impact property affordability and investment returns. Additionally, understanding these tax trends could help prospective homeowners and insurance agents better assess the long-term financial implications of real estate in the area.
Percentage of Farm Returns in McMullen County, TX Over the Last 10 Years
Over the last decade, McMullen County, Texas has seen some fluctuations in the percentage of farm tax returns filed, with values generally oscillating between 17.78% and 21.95%. Farm tax returns reflect the portion of tax filings that are attributed to agricultural operations, highlighting the region's agricultural economic contributions. For investors, builders, or anyone planning to move to or invest in McMullen County, understanding this trend could offer insights into the local economy's reliance on agriculture and potential growth areas within the sector.
Number of Mortgages by Occupancy Type in McMullen County, TX Over the Last 5 Years in McMullen County
McMullen County, Texas has shown a noticeable increase in principal residence mortgages over the past five years, peaking at 20 in 2022. Investment property and second residence mortgages have remained relatively static and minimal in comparison. Such changes in occupancy types could signal shifting demographics, with more people possibly looking to settle in the area for the long term, making it potentially attractive for real estate investors and developers. This trend also matters for appraisors and insurance agents, as it might influence property values and insurance needs, alongside highlighting a possibly growing market for real estate agents.
Economic Outlook
In McMullen County, Texas, average taxable incomes and tax liabilities per tax return have demonstrated dramatic fluctuations over the past decade. Peaks such as $304,897.92 in 2014 contrasted sharply with $88,726.83 in 2016, while recent years see stabilization around the lower $100,000s. Tax liabilities also showed volatility, peaking at $124,825.00 in 2014 but leveling out to $29,502.86 in 2021. These irregular trends could indicate economic shifts, vital for investors and appraisers focused... Read more
Average Taxable Income per Tax Return in McMullen County, TX over the last 9 years
In McMullen County, Texas, the average taxable income per tax return has shown notable fluctuations over the past nine years. Peaks like 2014 saw it as high as $304,897.92, while 2016 experienced a sharp drop to $88,726.83. Despite these swings, there's been a general alignment towards stabilization, hovering around the lower $100,000s in recent years. These irregular trends could suggest varying economic conditions, which is crucial for potential investors, appraisers, and real estate agents to consider for financial forecasting and property valuation.
Average Total Tax Liability Per Tax Return in McMullen County, TX Over the Last 10 Years
Over the past decade, McMullen County, Texas has seen significant fluctuations in average total tax liabilities per tax return, peaking at $124,825.00 in 2014 before declining sharply. Recent years show a more stable, yet considerably lower level, hovering around $29,502.86 in 2021. These trends may be indicative of broader economic shifts or changes in local industries, impacting property values and investment opportunities. For investors or appraisers, this data suggests that economic conditions in the county have been volatile, which could influence risk assessments and market strategies.
Cost of Living in McMullen County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,161 | $1,231 | $2,104 | $1,334 | $958 |
1 adult 4 children | $1,161 | $1,005 | $1,611 | $1,334 | $1,078 |
2 adults 3 children | $1,161 | $1,005 | $1,824 | $1,334 | $781 |
1 adult 3 children | $1,161 | $821 | $1,332 | $1,334 | $859 |
2 adults 2 children | $885 | $823 | $1,545 | $1,165 | $679 |
1 adult 2 children | $885 | $615 | $1,052 | $1,165 | $624 |
2 adults 1 child | $885 | $650 | $1,265 | $616 | $638 |
1 adult 1 child | $885 | $420 | $772 | $616 | $533 |
2 adults | $705 | $522 | $985 | $0 | $549 |
1 adult | $667 | $285 | $493 | $0 | $473 |
Demographics
McMullen County, Texas, shows an almost balanced gender split within its adult population, with a slight edge towards females. The county has a notable proportion of residents with only a high school diploma or some college education, but more advanced degrees are relatively rare. The median age groups tend to cluster around those in their mid-30s to mid-40s and those in the 65-74 age bracket, reflecting a community with both working-age adults and a significant number of retirees. An... Read more
Race Distribution in McMullen County, Texas (2022)
Educational Attainment in McMullen County, Texas (2022)
Age Distribution in McMullen County, Texas
Citizen Population in McMullen County, Texas (2022)
Political Trends & Data
McMullen County, Texas, exhibited a pronounced Republican lean in the 2020 U.S. Presidential Election, with close to 90% of the vote potentially supporting the GOP. The Democratic Party secured slightly above 10%, while third-party candidates hardly registered with under 1%. This overwhelming conservative preference might imply a significant challenge for any non-Republican political campaigns attempting to gain traction in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In McMullen County, Texas, the 2020 U.S. Presidential Election results leaned heavily Republican, with nearly 90% of the vote potentially going to the GOP. The Democratic Party garnered just over 10%, while third-party candidates, including Libertarian and Green parties, collectively received well under 1% of the vote. This disparity could suggest a deeply ingrained conservative presence in this area, making alternative political campaigns and outreach challenging.
89.15% of voters voted for the Republican party in the 2020 Presidential Election
10.27% of voters voted for the Democrat party in the 2020 Presidential Election
0.39% of voters voted for the Livertarian party in the 2020 Presidential Election
0.19% of voters voted for the Green party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in McMullen County, Texas, has hovered around 10 to 12 students per teacher, which is lower than the national average. Families seeking more individualized attention for their children's education may be particularly attracted to this aspect, making the area appealing for relocation. Real estate agents and investors might view this as a significant selling point, potentially boosting property values and enhancing community... Read more
Student-to-teacher ratio in Mcmullen County, Texas over the last 10 years
The student-to-teacher ratio in McMullen County, Texas has fluctuated over the last decade, mostly hovering around 10 to 12 students per teacher. This is notably lower than the national average of 14 students per teacher, potentially indicating smaller class sizes and more individualized attention for students. For families considering relocating to McMullen County, this could signal a more personalized educational environment for their children. Real estate agents and potential investors may find this appealing as it enhances the county's attractiveness to families seeking quality education. Appraisers and insurance agents might also see the stable educational environment as a factor that could bolster property values and community stability over time.