Orange County Real Estate and Livability Trends
Orange County, Texas has seen a notable rise in median home values from $97,800 in 2015 to $152,800 in 2022, yet these figures still sit under state and national averages, suggesting untapped growth potential for investors. Rising local and state taxes, peaking at $6,047.37 in 2021, paired with climbing real estate taxes, reaching nearly $4,996.35, indicate an intensifying tax environment that... Read more
Orange County Market Trends
Orange County, Texas has experienced a notable increase in median home values, jumping from $97,800 in 2015 to approximately $152,800 in 2022, yet still falling below state and national averages. For investors, this disparity might suggest a hidden gem with significant growth potential. The area has also seen a rise in residential energy tax credits, peaking at $2,500 in 2018, indicating a trend... Read more
Median Value of Occupied Housing Units in Orange County, Texas Over the Last 8 Years
Orange County, Texas has seen a significant rise in median home values over the last eight years, climbing from $97,800 in 2015 to $152,800 in 2022. While the growth is substantial, Orange County's home values generally remain below both state and national averages. For comparison, median home values in Texas have surged from $136,000 to $238,000 during the same period, and the national figures have increased from $125,500 to $179,400. This lower price point could present a compelling opportunity for investors and new residents seeking more affordable housing options without sacrificing growth potential.
Residential Energy Tax Credit Per Tax Return in Orange County, TX Over the Last 9 Years
Over the past nine years, Orange County, Texas has seen a notable increase in the average residential energy tax credit per tax return. Starting at approximately $303 in 2013, the figure peaked dramatically at around $2,500 in 2018 before stabilizing around the $1,300-$2,000 range in recent years. This upward trend reflects a rising investment in energy-efficient home improvements, indicating a growing awareness and adoption of energy-saving technologies. This could suggest potential for higher property values and increased desirability for both buyers and builders interested in energy efficiency.
Average Real Estate Taxes Per Tax Return in Orange County, TX Over the Last 10 Years
Average real estate taxes per tax return in Orange County, Texas have shown a notable upward trend over the past decade, starting from $3,044.50 in 2012 and gradually increasing to $4,996.35 by 2021. This consistent rise suggests a possibly growing property valuation in the area, which can be an important consideration for potential investors and property developers. Real estate agents might want to highlight these trends when discussing property value and market potential with clients, while appraisers and insurance agents should consider how these rising taxes could impact overall costs for homeowners.
Percentage of Farm Returns in Orange County, TX Over the Last 10 Years
Over the past ten years, the percentage of farm tax returns in Orange County, Texas, has exhibited slight fluctuations, typically hovering around the 2% mark. These returns have varied from a low of approximately 1.90% in 2013 to a peak just above 2.13% in 2021. For potential investors, property builders, and those considering a move to the area, these figures suggest a consistent presence of agricultural activity, which might indicate stable rural investment opportunities and a steady community reliant on farming.
Number of Mortgages by Occupancy Type in Orange County, TX Over the Last 5 Years in Orange County
Over the past five years in Orange County, Texas, there has been consistent growth in the number of mortgages for both principal residences and investment properties, with principal residences seeing the most significant numbers by far. Interestingly, investment properties have shown modest yet steady increases, suggesting a growing interest in the area for rental or resale purposes. Second homes have seen minimal fluctuations, indicating a less volatile but stable trend. For investors and developers, these trends could imply robust demand for primary housing with potential opportunities in the investment market. Appraisers and insurance agents might find the dominant focus on principal residences useful for risk assessment and valuation. Real estate agents and prospective movers can take note of the high primary residence activity as an indicator of a strong, community-centric market.
Economic Outlook
The average taxable income in Orange County, Texas has risen from roughly $54,645.51 in 2013 to approximately $67,302.28 in 2021, with notable jumps between 2017-2019 and 2020-2021. This upward trend may hint at favorable economic conditions, attracting potential investors and residents. Additionally, state and local income taxes have increased, especially since 2018, peaking at $6,047.37 in 2021. This tax rise could impact property values, a key point for real estate agents and appraisers. The... Read more
Average Taxable Income per Tax Return in Orange County, TX over the last 9 years
The average taxable income per tax return in Orange County, Texas has shown a general upward trend over the last nine years, rising from roughly $54,645.51 in 2013 to approximately $67,302.28 in 2021. Notable increases occurred between 2017 and 2019, as well as a significant jump from 2020 to 2021. This growth could indicate robust economic conditions and increasing income levels for residents, potentially making the area appealing to investors, real estate agents, and those considering relocation. However, it’s also essential to consider market volatility and regional economic factors that may influence these figures.
Average State and Local Income Taxes Per Tax Return in Orange County, TX Over the Last 10 Years
Orange County, Texas has seen a notable increase in average state and local income taxes per tax return over the last decade. Despite minor fluctuations early on, there was a marked surge starting in 2018 with $4,959.09 and peaking at $6,047.37 in 2021. This rising trend may influence property values, making it a critical consideration for investors, real estate agents, and potential residents. It's also worth noting for appraisers and insurance agents evaluating fiscal trends in the area.
Average Total Tax Liability Per Tax Return in Orange County, TX Over the Last 10 Years
Over the last decade, Orange County, Texas has seen a generally upward trend in average total tax liability per tax return, starting at $8,084.45 in 2012 and noticeably increasing to $9,746.45 by 2021. Key fluctuations include a peak in 2015 at $9,022.27, followed by a dip and subsequent steady rise. This could suggest a gradually intensifying tax environment, which might influence decisions for investors, prospective residents, and real estate professionals considering the area.
Cost of Living in Orange County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,305 | $1,315 | $1,804 | $1,315 | $868 |
| 1 adult 4 children | $1,305 | $1,074 | $1,378 | $1,315 | $976 |
| 2 adults 3 children | $1,305 | $1,074 | $1,566 | $1,315 | $703 |
| 1 adult 3 children | $1,305 | $877 | $1,140 | $1,315 | $775 |
| 2 adults 2 children | $998 | $879 | $1,327 | $1,144 | $617 |
| 1 adult 2 children | $998 | $657 | $902 | $1,144 | $560 |
| 2 adults 1 child | $998 | $695 | $1,089 | $588 | $587 |
| 1 adult 1 child | $998 | $449 | $664 | $588 | $495 |
| 2 adults | $825 | $558 | $851 | $0 | $519 |
| 1 adult | $770 | $305 | $425 | $0 | $456 |
Safety trends & Data
Real estate trends in Orange County, Texas, might be influenced by notable fluctuations in property crimes over the past five years. Burglary arrests dropped from 33.00 in 2018 to 7.00 in 2020, with a slight uptick afterward. Larceny-theft significantly reduced from 108.00 in 2018 to 16.00 in 2020 but has gradually increased since. Motor vehicle thefts fluctuated less dramatically, peaking at 23.00 in 2018, dipping to 5.00 in 2020, and then fluctuating between 9.00 and 13.00. These crime... Read more
Property Crime Trends in Orange County, TX Over the Last 5 Years
Orange County, Texas, has seen notable fluctuations in property crime over the last five years. Burglary arrests noticeably dropped from 33.00 in 2018 to 7.00 in 2020, only to slightly increase again in subsequent years. Larceny-theft shows a significant reduction from 108.00 in 2018 to a low of 16.00 in 2020 but has shown a gradual increase since. Motor vehicle thefts have shown less pronounced variation but still fluctuated, peaking slightly at 23.00 in 2018 and reducing to 5.00 in 2020 before fluctuating between 9.00 and 13.00. Insurance agents, real estate professionals, and potential investors will find these fluctuations significant as they reflect changing crime dynamics that can influence property values and insurance premiums.
Demographics
Orange County, Texas presents a nearly equal gender split among its adult population, with a slight female majority. When it comes to education, most residents finish high school, but a significant number only reach some college without earning a degree. The age distribution shows a balanced demographic, indicating potential stability in workforce and community services needs. Predominantly White, the county's racial makeup includes modest representation from Black or African American residents... Read more
Race Distribution in Orange County, Texas (2022)
Educational Attainment in Orange County, Texas (2022)
Age Distribution in Orange County, Texas
Citizen Population in Orange County, Texas (2022)
Political Trends & Data
Orange County, Texas showed a strong Republican leaning in the 2020 U.S. Presidential Election, with approximately 81% of votes going to the GOP. The Democratic Party secured around 18%, while Libertarian and Green Party voters collectively represented roughly 1.5%. This voting pattern may indicate a robust partisan alignment that could influence local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Orange County, Texas, the 2020 U.S. Presidential Election data slightly leaned towards the Republican Party, capturing roughly 81% of the vote. The Democratic Party garnered about 18%, with Libertarian and Green Party votes together making up approximately 1.5%. Other parties barely registered, suggesting a potentially strong partisan alignment in this county.
81.09% of voters voted for the Republican party in the 2020 Presidential Election
17.66% of voters voted for the Democrat party in the 2020 Presidential Election
1.04% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Green party in the 2020 Presidential Election
0.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Orange County, Texas has fluctuated over the past decade, peaking at nearly 15 in 2020 before settling around 14 more recently, aligning with the national average. These fluctuations could affect teacher stress levels, educational quality, and individual student attention, potentially influencing school ratings, community desirability, and local real estate values. For investors and potential homebuyers, this dynamic might be a key factor in... Read more
Student-to-teacher ratio in Orange County, Texas over the last 10 years
Over the past decade, the student-to-teacher ratio in Orange County, Texas has shown some fluctuations but generally remains in the vicinity of the national average of approximately 14 students per teacher. The ratio peaked at nearly 15 in 2020 before settling back to about 14 in recent years. This ebb and flow might suggest varying stress levels for educators and could impact educational quality, class engagement, and individual student attention. For investors, potential homebuyers, real estate agents, and others considering a move to or investment in this area, it's worth noting that such ratios can influence school ratings, community desirability, and even local real estate values.
