Ochiltree County Real Estate and Livability Trends
Ochiltree County, Texas, showcases intriguing real estate market trends. Fluctuations in average taxable incomes, peaking at $90,774.04 in 2014 and dipping to $55,984.24 by 2016, along with variable state and local income taxes, suggest economic volatility, crucial for potential investors. Median home values increased from $84,200 in 2015 to $118,400 in 2022, indicating gradual affordability and... Read more
Ochiltree County Market Trends
Ochiltree County, Texas, has experienced a relatively modest climb in median home values in recent years, rising from $84,200 in 2015 to $118,400 in 2022. This growth, although significant locally, lags behind state and national trends, suggesting more affordable entry points but possibly lower future appreciation. Meanwhile, real estate taxes surged from $3,042.59 per return in 2012 to $6,246.67... Read more
Median Value of Occupied Housing Units in Ochiltree County, Texas Over the Last 8 Years
Ochiltree County, Texas, has seen a relatively modest climb in median home values over the past eight years, with figures rising from $84,200 in 2015 to $118,400 in 2022. While this growth rate might seem impressive at a local level, it falls short when compared to state and national trends. Texas overall saw a jump from $136,000 to $238,000 in the same period, and the national median surged from $125,500 to $179,400. For prospective investors or those considering a move, Ochiltree County’s slower growth could signal more affordable entry points but potentially lower future appreciation compared to broader markets.
Residential Energy Tax Credit Per Tax Return in Ochiltree County, TX Over the Last 8 Years
Ochiltree County, Texas, has seen notable fluctuations in the average residential energy tax credits per tax return over the past eight years, peaking at $700.00 in 2019 and dipping as low as $275.00 in 2014. The variability in these credits suggests an evolving landscape in energy-related investments and incentives, which may impact property values and the cost-benefit analysis for energy-efficient home improvements. For potential investors, real estate agents, and insurance agents, these trends could indicate shifts in local policy or consumer behavior towards sustainability.
Average Real Estate Taxes Per Tax Return in Ochiltree County, TX Over the Last 10 Years
Ochiltree County, Texas, exhibits a notable upward trend in real estate taxes per tax return over the past decade. From $3,042.59 in 2012, the average jumped to $6,246.67 by 2021, peaking at $7,678.57 in 2020. For investors, insurers, and real estate professionals, this indicates potentially increased property values or enhanced community amenities, both of which could reflect positively on the area’s desirability and financial stability. Those moving to or already living in Ochiltree County should be prepared for a higher tax environment compared to ten years ago.
Percentage of Farm Returns in Ochiltree County, TX Over the Last 10 Years
Ochiltree County, Texas has seen a modest fluctuation in the percentage of farm tax returns over the last decade, ranging from around 6.49% in 2012 to 5.64% in 2021. The highest percentages were recorded in 2012 and 2013, showing a slight downward trend thereafter, with some minor upswings. Farm tax returns are a good indicator of agricultural activity and economic health in the county, suggesting that farming is a stable yet slightly variable aspect of the local economy. This information could be quite useful for those considering investing in agricultural projects, moving to a rural area with farming prospects, or building property that relies on the agricultural sector.
Number of Mortgages by Occupancy Type in Ochiltree County, TX Over the Last 5 Years in Ochiltree County
Ochiltree County, Texas shows a notable variability in mortgage counts over the last five years, particularly in principal residences, which suggest shifts in living arrangements. In 2019, mortgages for principal residences were at 171, peaked to 266 in 2021, then dropped to 147 in 2022. This could imply fluctuating demand for living spaces tied to local economic conditions or lifestyle changes. Investment property mortgages have seen some decline, indicating potential volatility or a cautious investment climate. These dynamics matter for stakeholders—investors may see fluctuating opportunities, real estate agents can anticipate varying client demand, and appraisers and insurance agents should account for these trends when assessing property values and risk. Changes in occupancy types highlight the shifting priorities in the community, whether it's influenced by economic growth, market confidence, or demographic shifts.
Economic Outlook
Ochiltree County, Texas has seen fluctuating average taxable incomes, peaking at $90,774.04 in 2014 and dropping to a low of $55,984.24 in 2016. This volatility could be a key factor for investors and developers when assessing economic stability. Additionally, the notable variability in average state and local income taxes per tax return, which dropped from $7,388.89 in 2013 to $3,525.00 in 2017, might attract those considering relocation or investment due to potentially lower recent tax... Read more
Average Taxable Income per Tax Return in Ochiltree County, TX over the last 9 years
Ochiltree County, Texas has seen fluctuating average taxable incomes per tax return over the past nine years, peaking at $90,774.04 in 2014 and dropping to a low of $55,984.24 in 2016. The trend suggests an overall volatility in residents' taxable income, which may interest potential investors or developers in understanding economic stability. Real estate agents and property appraisers might note these income variations as a factor influencing property valuations and market conditions. The data could also be a point of focus for insurance agents assessing risk and underwriting costs.
Average State and Local Income Taxes Per Tax Return in Ochiltree County, TX Over the Last 6 Years
In Ochiltree County, Texas, there has been notable variability in average state and local income taxes per tax return over the past six years. Taxes peaked in 2013 at $7,388.89 before descending to $3,525.00 in 2017. This downward trend could be appealing for those considering moving or investing, hinting at potentially lower tax obligations in more recent years. For real estate agents and appraisers, these fluctuations likely affect home value assessments and market dynamics, while insurance agents might interpret them as indicative of changing economic conditions in the county.
Average Total Tax Liability Per Tax Return in Ochiltree County, TX Over the Last 10 Years
Ochiltree County, Texas has experienced significant fluctuations in average total tax liability per tax return over the last decade. After peaking in 2014 at $21,142.05, liabilities dropped sharply to $13,555.83 in 2015 and further to $10,411.30 in 2016. More recently, tax liabilities have stabilized around the $10,000-$11,000 range, which might suggest a trend towards financial consistency. Such volatility, followed by a period of stabilization, could be of particular interest to investors and real estate professionals assessing local economic health and future tax implications.
Cost of Living in Ochiltree County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,139 | $1,235 | $1,948 | $1,242 | $805 |
| 1 adult 4 children | $1,139 | $1,008 | $1,491 | $1,242 | $892 |
| 2 adults 3 children | $1,139 | $1,009 | $1,689 | $1,242 | $644 |
| 1 adult 3 children | $1,139 | $823 | $1,232 | $1,242 | $692 |
| 2 adults 2 children | $928 | $826 | $1,431 | $1,084 | $599 |
| 1 adult 2 children | $928 | $617 | $974 | $1,084 | $534 |
| 2 adults 1 child | $928 | $653 | $1,173 | $572 | $578 |
| 1 adult 1 child | $928 | $421 | $715 | $572 | $485 |
| 2 adults | $739 | $524 | $914 | $0 | $508 |
| 1 adult | $700 | $286 | $457 | $0 | $451 |
Safety trends & Data
Ochiltree County, Texas has experienced shifts in property crime patterns over the past five years. Notable changes include a rise in larceny-theft incidents, reaching 6 in 2022, and a spike in forgery and counterfeiting cases, with 5 incidents reported in the same year. Motor vehicle thefts peaked at 3 occurrences in both 2020 and 2021. These trends might indicate an increasing need for enhanced security measures and could influence the perceptions of potential investors or future... Read more
Property Crime Trends in Ochiltree County, TX Over the Last 5 Years
Ochiltree County, Texas has seen fluctuations in property crime patterns over the past five years, with burglary incidents ranging from a low of 1 in 2019 to a high of 7 in 2018. Larceny-theft levels were relatively stable but showed a noticeable uptick in 2022 with 6 incidents. Motor vehicle thefts were highest in 2020 and 2021 at 3 each. Vandalism occurrences varied, peaking at 3 in 2019. Interestingly, there was a significant rise in forgery and counterfeiting cases, with 5 incidents reported in 2022 compared to minimal activity in prior years. Fraud was recorded for the first time in 2021. Potential investors or residents might perceive a gradual increase in certain crimes, warranting a closer look at security needs and preventative measures.
Demographics
Ochiltree County, Texas exhibits a roughly balanced adult population split between males and females. Educational attainment skews towards high school graduates, with a smaller portion holding bachelor's or graduate degrees. The age distribution shows a youthful population with significant numbers under age 35. Racially, the county is predominantly White, with other races forming smaller segments of the population. These trends could influence local policies, community programs, and economic... Read more
Race Distribution in Ochiltree County, Texas (2022)
Educational Attainment in Ochiltree County, Texas (2022)
Age Distribution in Ochiltree County, Texas
Citizen Population in Ochiltree County, Texas (2022)
Political Trends & Data
Ochiltree County in Texas shows a strong Republican leaning, with about 89% of votes going to the GOP in the recent presidential election. Around 9.6% of the votes were for Democrats, and approximately 1.17% went to the Libertarian Party, indicating a predominantly conservative electorate. This political landscape could influence local policies and governance, shaping real estate dynamics through regulatory decisions, community projects, and market trends reflecting the preferences of a... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ochiltree County in Texas appears to lean heavily Republican, with nearly 89% of the votes going to the GOP. The Democratic Party garnered roughly 9.6%, while the Libertarian Party received around 1.17%. Minor parties such as the Green Party and others collectively made up a very small fraction of the vote, each around or below 0.1%. These figures might suggest a solid pattern of conservative support within the county, which could have broader implications for local policies and governance.
89.10% of voters voted for the Republican party in the 2020 Presidential Election
9.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% of voters voted for the Green party in the 2020 Presidential Election
0.06% of voters voted for the Other party in the 2020 Presidential Election
School Data
Ochiltree County, Texas, has seen its student-to-teacher ratio decrease from 13 in 2014 to about 11 by 2018, before edging back up to nearly 13 in 2023. Maintaining lower ratios compared to the national average of 14 could be compelling for families prioritizing individualized attention in education. For real estate professionals, this could signal an alluring selling point, while appraisers and insurance agents might note the potential for property market stability, often linked to a... Read more
Student-to-teacher ratio in Ochiltree County, Texas over the last 10 years
Ochiltree County, Texas, has seen its student-to-teacher ratio decrease significantly from 2014's 13 to a low of about 11 in 2018, before gradually rising to nearly 13 by 2023. This overall trend of maintaining lower student-to-teacher ratios compared to the national average of 14 could be a key consideration for families prioritizing individualized attention in education. For real estate agents and investors, this could signal an attractive selling point for properties in the area. Additionally, appraisers and insurance agents might find value in the correlation between these ratios and property market stability, as lower ratios can often reflect a community’s investment in quality education.
