Motley County Real Estate and Livability Trends
Motley County, Texas, has seen notable increases in average taxable income over the past nine years and a rise in median home values from the mid-$50,000 range to $72,100 by 2022, reflecting potential improvements in economic conditions. The substantial difference from Texas' median of $238,000 might attract budget-conscious investors or those looking for more affordable entry points. Although... Read more
Motley County Market Trends
In Motley County, Texas, median home values have jumped from the mid-$50,000 range to $72,100 by 2022, a notable increase that remains well below Texas' $238,000 median and the national median of $179,400. This shift could attract budget-conscious investors or those looking for lower entry points. Additionally, real estate taxes have fluctuated significantly, dropping from $2,050.00 in 2014 to... Read more
Median Value of Occupied Housing Units in Motley County, Texas Over the Last 8 Years
Over the last eight years, median home values in Motley County, Texas, have shown some interesting shifts, especially when contrasted with the state and national averages. While hovering around the mid-$50,000 range from 2015 to 2019, Motley County saw a dramatic spike to $72,100 by 2022, which, while significant, still lags behind Texas' median of $238,000 and the national median of $179,400. This remarkable rise in Motley County might catch the eye of budget-conscious investors or those seeking lower entry points in the Texas real estate market. It could signal the beginning of a trend or merely a short-term fluctuation, underscoring the importance of careful market analysis.
Average Real Estate Taxes Per Tax Return in Motley County, TX Over the Last 5 Years
There's a noticeable fluctuation in average real estate taxes per tax return in Motley County, Texas over the past few years. In 2012, taxes were at $1,433.33 but then increased to $2,050.00 by 2014 before dropping sharply to $1,200.00 in 2016, and further to $1,166.67 in 2017. This decline in tax burden may suggest varying property values or adjustments in tax rates, which could be relevant for potential investors, homeowners, and real estate professionals evaluating the area’s economic stability and long-term growth prospects.
Percentage of Farm Returns in Motley County, TX Over the Last 10 Years
Over the past ten years, farm tax returns in Motley County, Texas have varied slightly but remained within a range of approximately 20.41% to 24.49%. This trend suggests some stability in the agricultural sector despite minor fluctuations. For investors, builders, or residents, consistent percentages of farm returns could indicate a dependable agricultural economy in the county, contributing to overall economic stability. Farm tax returns reflect the profitability and tax contributions from farming businesses, which can be crucial when assessing the viability of agricultural investments or the potential growth of rural areas.
Number of Mortgages by Occupancy Type in Motley County, TX Over the Last 5 Years in Motley County
Over the past five years in Motley County, Texas, principal residences consistently dominate the mortgage market, notably peaking at 24 in 2021. Mortgages for second residences and investment properties trail significantly, with minor fluctuations. This could suggest that Motley County is more attractive to homeowners rather than investors or vacation home buyers. Such trends might imply a stable living environment and community-focused growth, essential for prospective residents, real estate agents, and insurance agents aiming to assess risk and market viability. Builder and investor opportunities might be less abundant or require more strategic planning due to the lower demand for non-primary residences.
Economic Outlook
Motley County, Texas, has shown fluctuations in average taxable income per tax return over the past nine years, with a significant increase from $38,178.72 in 2013 to $44,180.39 in 2021. This trend hints at improving economic conditions or earning potential, which could attract interest from real estate investors and developers. Additionally, the average total tax liability per tax return in the county has varied, peaking at $6,654.29 in 2021, which underscores the need for potential buyers to... Read more
Average Taxable Income per Tax Return in Motley County, TX over the last 9 years
Motley County, Texas has seen its average taxable income per tax return fluctuate over the past nine years, with notable increases especially in the later years. In 2013, the average was $38,178.72, dipping slightly in 2015 and 2016 to around $36,800. However, by 2017, a sharp increase brought it to $43,197.96, continuing to grow steadily reaching $44,180.39 in 2021. This suggests a potential upward trend in economic conditions or earning potential in the county, making it an area of interest for those in real estate, investment, or property development. This data may also influence appraisal values and insurance premiums, reflecting a cautiously optimistic economic outlook for Motley County.
Average Total Tax Liability Per Tax Return in Motley County, TX Over the Last 10 Years
Motley County, Texas has experienced notable fluctuation in the average total tax liability per tax return over the past decade, with figures generally ranging between $4,611.43 and $6,654.29. The highest peak was seen in 2021, potentially reflecting changes in the local economy or tax policy. For those considering investing or moving to the area, this variability highlights the importance of staying informed about economic trends and regulatory changes that could impact financial planning. Real estate professionals and insurance agents should be aware of these trends when advising clients, as they can influence property values and insurance costs.
Cost of Living in Motley County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,062 | $1,303 | $2,079 | $1,199 | $859 |
1 adult 4 children | $1,062 | $1,064 | $1,592 | $1,199 | $949 |
2 adults 3 children | $1,062 | $1,064 | $1,803 | $1,199 | $684 |
1 adult 3 children | $1,062 | $869 | $1,316 | $1,199 | $707 |
2 adults 2 children | $826 | $871 | $1,527 | $1,046 | $601 |
1 adult 2 children | $826 | $651 | $1,040 | $1,046 | $545 |
2 adults 1 child | $826 | $689 | $1,250 | $548 | $589 |
1 adult 1 child | $826 | $445 | $763 | $548 | $486 |
2 adults | $658 | $553 | $974 | $0 | $521 |
1 adult | $623 | $302 | $487 | $0 | $453 |
Demographics
Motley County, Texas, exhibits a close gender balance and a moderately aging population, with significant representation in the 65 to 74 age category. The community leans predominantly White, with educational attainment levels showing a substantial portion holding high school diplomas or some college education, though a small segment has advanced degrees. This demographic makeup could influence local policies, resource allocation, and community... Read more
Race Distribution in Motley County, Texas (2022)
Educational Attainment in Motley County, Texas (2022)
Age Distribution in Motley County, Texas
Citizen Population in Motley County, Texas (2022)
Political Trends & Data
Motley County, Texas, shows a strong Republican preference, with potentially around 93% of the vote in the 2020 U.S. Presidential Election. Democratic support seemed minimal, hovering near 7%, and third-party influence, including the Libertarian party, might be negligible. This likely indicates a deeply entrenched two-party system leaning heavily towards Republican dominance in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Motley County, Texas, showed an overwhelming lean towards the Republican party in the 2020 U.S. Presidential Election, with possibly about 93% of the vote. In stark contrast, support for the Democratic party seemed to hover around 7%. The presence of third-party candidates like the Libertarian party barely made a dent, reflecting what might be a deeply entrenched two-party preference in this region. This data could suggest a significant partisan divide and might indicate a strong Republican stronghold in Motley County.
92.64% of voters voted for the Republican party in the 2020 Presidential Election
7.06% of voters voted for the Democrat party in the 2020 Presidential Election
0.31% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Motley County, Texas, typically sees student-to-teacher ratios between 8 and 10 students, much lower than the U.S. average of 14. This smaller class size might appeal to families seeking quality education, suggesting a stable, family-friendly housing market. Real estate investors could see this as a driver for demand in the area. Lower ratios could indicate the need for better educational resource allocation, which appraisers and insurance agents might factor into property evaluations and risk... Read more
Student-to-teacher ratio in Motley County, Texas over the last 10 years
Motley County, Texas has shown fluctuations in its student-to-teacher ratio over the past decade, generally hovering between 8 and 10 students per teacher. While this ratio is significantly lower than the U.S. national average of 14 students per teacher, it may indicate more personalized attention in classrooms, which might be appealing to families prioritizing education quality. For investors and real estate agents, this could signal a stable, family-friendly environment, potentially driving demand for housing in the area. Lower student-to-teacher ratios could also suggest a need for more educational resource allocation, something appraisers and insurance agents might consider when evaluating property values or risks.