Moore County Real Estate and Livability Trends
Moore County, Texas exhibits a notable upward trend in average taxable income, growing from $43,018.51 in 2013 to $54,743.86 in 2021, which could signal enhanced financial stability and spending power among residents. Real estate taxes have doubled from $2,616.09 in 2012 to $5,350.00 in 2021, likely reflecting economic growth or increased property demand. Median home values have risen from... Read more
Moore County Market Trends
Moore County, Texas's median home values have grown from $93,000 in 2015 to $122,700 in 2022, but still lag behind both Texas's state median and national trends, hinting at untapped growth potential for savvy investors. The area has seen inconsistent but notable fluctuations in residential energy tax credits, peaking at $1,733.33 in 2018 before stabilizing around $883.33 in 2021, which could... Read more
Median Value of Occupied Housing Units in Moore County, Texas Over the Last 8 Years
Moore County, Texas has seen its median home values rise from $93,000 in 2015 to $122,700 in 2022. While this increase indicates growth, Moore County's figures still trail behind Texas's state median values, which surged from $136,000 to $238,000 over the same period. National trends reflect even higher median values, moving from $125,500 in 2015 to $179,400 in 2022. These disparities could suggest potential for value growth in Moore County, making it an interesting prospect for investors looking for undervalued opportunities relative to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Moore County, TX Over the Last 9 Years
Moore County, Texas has seen significant fluctuations in residential energy tax credit amounts per tax return over the past nine years. Starting at approximately $300.00 in 2013, there was a noticeable spike to $1,733.33 in 2018 before settling at around $883.33 in 2021. This trend might suggest varying levels of investment in energy-efficient home improvements or changing local policies affecting residential energy credits. Potential investors, real estate agents, and homeowners could benefit from these insights when considering energy efficiency investments and their potential tax benefits.
Average Real Estate Taxes Per Tax Return in Moore County, TX Over the Last 10 Years
Over the past decade, Moore County, Texas has seen a notable increase in average real estate taxes per tax return, jumping from approximately $2,616.09 in 2012 to around $5,350.00 in 2021. This upward trend suggests growing property valuations, which could be reflective of economic development or increased demand in the area. For those considering investing, moving, or working in real estate in Moore County, this rise in property taxes could be an important factor in assessing the overall cost and potential return on investment.
Percentage of Farm Returns in Moore County, TX Over the Last 10 Years
Farm tax returns in Moore County, Texas have seen slight fluctuations over the last decade. The percentage hovered around 2.34% to 2.80%, indicating some consistency, albeit with minor declines in certain years. This trend matters for potential investors and residents as it reflects the stability of agricultural activity in the area, potentially signaling a steady economic environment. Those interested in agricultural investments might find this stability appealing, as consistent farm returns can suggest reliable local economic conditions.
Number of Mortgages by Occupancy Type in Moore County, TX Over the Last 5 Years in Moore County
Moore County, Texas has seen a notable increase in the number of principal residence mortgages over the last five years, peaking at 862 in 2021 compared to 492 in 2018. This uptick might imply a growing population or increased homeownership, potentially making it more appealing for investors and developers. Interestingly, investment property mortgages have also seen a steady rise, suggesting a possible increase in rental market opportunities. However, mortgages for second residences remain minimal, indicating a less active market for vacation or secondary homes. For appraisers, real estate agents, and insurance agents, these shifts provide critical insights into market dynamics and risk assessments.
Economic Outlook
Moore County, Texas shows an upward trend in average taxable income, starting at $43,018.51 in 2013 and reaching $54,743.86 in 2021, with growth spurts in 2017-2019 and 2021. Investors and real estate professionals might find this indicative of growing financial stability and spending power among residents, potentially bolstering the appeal for residential and commercial projects. Average state and local income taxes dipped from a peak of $3,400.00 in 2012 to $1,650.00 in 2015, before a slight... Read more
Average Taxable Income per Tax Return in Moore County, TX over the last 9 years
Moore County, Texas has seen a general upward trend in average taxable income over the past nine years, starting at approximately $43,018.51 in 2013 and reaching about $54,743.86 in 2021. Notable growth spurts occurred between 2017 and 2019, and again in 2021, indicating potentially favorable economic conditions. For investors and real estate agents, this upward trend could imply increasing financial stability and spending power among residents, which might be appealing for residential and commercial development opportunities. Higher average taxable incomes could also be a significant consideration for appraisers and insurance agents assessing property values and risks.
Average State and Local Income Taxes Per Tax Return in Moore County, TX Over the Last 7 Years
Moore County, Texas has seen a noticeable downward trend in average state and local income taxes per tax return over the past seven years, with a peak at $3,400.00 in 2012 dropping to as low as $1,650.00 by 2015 before bouncing back slightly to $2,800.00 in 2018. This fluctuation could indicate shifting economic policies or changes in income levels that might affect decisions for investors, real estate developers, and individuals considering moving to or doing business in the area. Understanding these trends is essential for anyone involved in property and financial planning within the county.
Average Total Tax Liability Per Tax Return in Moore County, TX Over the Last 10 Years
Over the past decade, Moore County, Texas, has seen varied trends in average total tax liabilities per return, with an initial drop from $7,387.86 in 2012 to $6,486.94 in 2016, suggesting potential tax policy changes or economic shifts. Interestingly, recent years indicate a potential uptick, with liabilities rising again to $7,134.59 by 2021. This fluctuation could hint at economic recovery or varying income levels, valuable insights for investors, real estate agents, and insurers assessing market stability and fiscal health in the region.
Cost of Living in Moore County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,182 | $1,255 | $1,948 | $1,242 | $825 |
| 1 adult 4 children | $1,182 | $1,025 | $1,491 | $1,242 | $916 |
| 2 adults 3 children | $1,182 | $1,025 | $1,689 | $1,242 | $662 |
| 1 adult 3 children | $1,182 | $837 | $1,232 | $1,242 | $690 |
| 2 adults 2 children | $971 | $839 | $1,431 | $1,084 | $598 |
| 1 adult 2 children | $971 | $627 | $974 | $1,084 | $552 |
| 2 adults 1 child | $971 | $663 | $1,173 | $572 | $592 |
| 1 adult 1 child | $971 | $428 | $715 | $572 | $499 |
| 2 adults | $738 | $533 | $914 | $0 | $511 |
| 1 adult | $733 | $291 | $457 | $0 | $464 |
Safety trends & Data
Moore County, Texas has seen varied trends in property crimes over the past five years, with larceny-theft cases notably increasing to 53 in 2022 from just 8 in 2020. While burglary incidents spiked to 12 in 2021, they dropped to 5 by 2022. Motor vehicle thefts displayed a mild upward trend, with 11 incidents in 2021. Although fraud cases remained relatively low, they too peaked at 10 in 2022. These fluctuations in property crime trends may influence investment decisions, insurance premiums,... Read more
Property Crime Trends in Moore County, TX Over the Last 5 Years
Moore County, Texas has experienced varying trends in property crimes over the past five years. Larceny-theft incidents have seen a notable increase, reaching 53 cases in 2022, compared to just 8 in 2020. Burglary numbers fluctuated, with a significant spike to 12 incidents in 2021, but dropping to 5 by 2022. Motor vehicle thefts have also increased somewhat consistently with 11 incidents reported in 2021. Fraud cases remained relatively low but saw an upward trend peaking at 10 cases in 2022. This data suggests an overall increase in certain types of property crimes, which could impact investment decisions, insurance premiums, and property values in the area.
Demographics
Moore County, Texas demonstrates a modestly balanced gender composition with a slight male majority. Educational attainment reveals a community largely composed of high school graduates, though there's a significant segment with less than a 9th-grade education, which hints at potential areas for educational development. Age-wise, the population skews younger, with a notable chunk of residents under 34, suggesting future workforce growth. Racial distribution predominantly features White... Read more
Race Distribution in Moore County, Texas (2022)
Educational Attainment in Moore County, Texas (2022)
Age Distribution in Moore County, Texas
Citizen Population in Moore County, Texas (2022)
Political Trends & Data
Moore County, Texas, shows a markedly Republican preference in the 2020 U.S. Presidential Election, with Republican votes possibly reaching around 80%. Democratic support trails behind, potentially close to 19%, and third-party candidates may barely surpass 1%. This significant Republican inclination might influence local policy and economic decisions, potentially making the area more attractive for conservative-leaning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Moore County, Texas, the 2020 U.S. Presidential Election results suggest a strong Republican preference, with Republican votes potentially nearing 80%. Democratic support appears comparatively limited, hovering around 19%, while third-party candidates, including Libertarian and Green parties, collectively seem to garner less than 2% of the vote. This voting pattern indicates a pronounced leaning towards Republican policies within the county.
79.14% of voters voted for the Republican party in the 2020 Presidential Election
19.28% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Green party in the 2020 Presidential Election
School Data
Moore County, Texas has had a student-to-teacher ratio consistently below the national average of 14:1 over the past decade. This trend could suggest more personalized attention for students, potentially making the area attractive to families focused on education. For investors and real estate agents, the lower ratio may indicate stable property values and a stronger community appeal. Insurance agents might note that areas with robust educational support often correlate with lower crime rates... Read more
Student-to-teacher ratio in Moore County, Texas over the last 10 years
The student-to-teacher ratio in Moore County, Texas over the last decade has consistently remained below the national average of 14 students per teacher. This generally lower ratio could suggest more individualized attention for students, which might make the area appealing to families prioritizing education. For investors, real estate agents, and those looking to build or move into the region, this trend may indicate a stable, supportive educational environment that enhances property values and community appeal. Insurance agents evaluating risk might consider that areas with better educational support structures often correlate with lower crime rates and higher overall community stability.
