Presidio County Real Estate and Livability Trends
Presidio County, Texas, has seen average taxable incomes per tax return climb from $42,754.34 in 2013 to $52,534.86 in 2021, suggesting a potentially stronger local economy that could lure investors and homebuyers. Median home values surged from $72,100 in 2021 to $121,000 in 2022, yet still trail the state and national medians. Residential energy tax credits have dramatically increased, pointing... Read more
Presidio County Market Trends
Presidio County in Texas is witnessing a notable rise in median home values, jumping from $72,100 in 2021 to $121,000 in 2022, still remaining below both the state median of $238,000 and the national median of $179,400 for the same year. Residential energy tax credits have seen a significant increase, jumping from $350.00 in 2013 to approximately $2,433.33 in 2021, suggesting a surge in... Read more
Median Value of Occupied Housing Units in Presidio County, Texas Over the Last 8 Years
Presidio County in Texas has shown a dramatic rise in median home values in recent years, with a remarkable jump from $72,100 in 2021 to $121,000 in 2022. Despite this surge, housing values remain below the Texas state median of $238,000 and the national median of $179,400 for the same year. This disparity could present an attractive opportunity for investors or new residents seeking more affordable housing options with potential for growth.
Residential Energy Tax Credit Per Tax Return in Presidio County, TX Over the Last 8 Years
Presidio County, Texas has seen a notable increase in residential energy tax credits per tax return from an average of $350.00 in 2013 to approximately $2,433.33 in 2021. The spike starting in 2018 suggests a surge in residential investments in energy-efficient upgrades, making it an attractive area for sustainable living initiatives. This trend is particularly relevant for appraisers, insurance agents, and real estate investors as it may influence property values and insurance premiums while signaling a commitment to eco-friendly practices. If you're considering building or moving to Presidio County, the push towards energy efficiency might offer long-term financial benefits.
Average Real Estate Taxes Per Tax Return in Presidio County, TX Over the Last 10 Years
Presidio County, Texas has seen a noticeable increase in average real estate taxes per tax return over the past decade, escalating from $2,504.76 in 2012 to $6,325.00 in 2021. This upward trend suggests potential rising property valuations and could indicate higher demand or increasing property values in the area. Real estate agents, appraisers, and investors might find this data useful for forecasting future tax responsibilities and assessing the market's growth potential. Insurance agents and those looking to move to or build property in Presidio County might also consider these tax trends for long-term financial planning.
Percentage of Farm Returns in Presidio County, TX Over the Last 10 Years
Presidio County, Texas, has seen fluctuations in the percentage of farm tax returns over the last decade. From a high of 3.02% in 2012 to a low of 2.22% in 2020, there are noticeable variations. Farm tax returns reflect the financial health and agricultural productivity of the area, crucial for investors and residents alike. A slight uptick in 2021 to 2.36% may suggest a potential rebound. Understanding these trends can help in making informed decisions about investments, property development, and relocations within the region.
Number of Mortgages by Occupancy Type in Presidio County, TX Over the Last 5 Years in Presidio County
Over the past five years in Presidio County, Texas, there have been noticeable shifts in mortgage activity by occupancy type. Principal residence mortgages peaked in 2021 at 93, showing a strong demand for primary homes, while investment property mortgages have generally declined, possibly indicating a less attractive market for landlords. This shift matters because a higher number of principal residence mortgages often leads to more stable communities, attracting businesses and services, which might appeal to investors looking for growth in areas tied to residential stability. Meanwhile, insurance agents might be interested in the decreasing trend of second residence purchases to adjust risk models. These varying trends offer a snapshot of the county's housing demands that could influence future property developments and appraisals.
Economic Outlook
Presidio County, Texas has shown a steady rise in average taxable income per tax return since 2013, growing from $42,754.34 to $52,534.86 in 2021, indicating possibly stronger local economic conditions which could attract investors and homebuyers. State and local income taxes have varied, with a high of $2,811.11 in 2012 and a low of $2,045.45 in 2015, but have remained around $2,500 recently, suggesting a somewhat favorable tax environment for property development. Total tax liability has also... Read more
Average Taxable Income per Tax Return in Presidio County, TX over the last 9 years
Presidio County, Texas has seen a notable upward trend in average taxable income per tax return over the past nine years. Starting at $42,754.34 in 2013, it dipped slightly to $41,876.04 in 2015 but has consistently grown since, reaching $52,534.86 in 2021. This gradual increase might suggest a strengthening local economy and growing prosperity, aspects that are likely attractive to potential investors, real estate agents, and those considering a move to the area. However, the fluctuation observed between 2013 and 2016 could signal underlying economic volatility that merits attention from appraisers and insurance agents.
Average State and Local Income Taxes Per Tax Return in Presidio County, TX Over the Last 6 Years
Over the last six years, Presidio County in Texas has seen a fluctuating trend in state and local income taxes per tax return, with figures ranging from a high of $2,811.11 in 2012 to a low of $2,045.45 in 2015. This variability could potentially impact financial planning for investors and new residents. The relatively low tax rates in recent years, hovering around the $2,500 mark, might suggest favorable conditions for business investments and property development, while fluctuating tax liabilities could be a point of consideration for insurance agents and appraisers when evaluating the economic stability of the area.
Average Total Tax Liability Per Tax Return in Presidio County, TX Over the Last 10 Years
Presidio County, Texas has experienced fluctuations in average total tax liability per tax return over the past decade, with notable peaks in 2013 at $9,152.29 and 2020 reaching $10,895.96. This suggests variable economic conditions and potential property value changes. These shifts might entice investors and real estate agents to investigate underlying factors. Additionally, the substantial increase in 2020 may impact insurance rates and property appraisals, prompting a closer look for those planning to move to or invest in the area.
Cost of Living in Presidio County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,174 | $1,291 | $1,962 | $1,239 | $817 |
1 adult 4 children | $1,174 | $1,054 | $1,501 | $1,239 | $900 |
2 adults 3 children | $1,174 | $1,055 | $1,701 | $1,239 | $649 |
1 adult 3 children | $1,174 | $861 | $1,241 | $1,239 | $669 |
2 adults 2 children | $826 | $863 | $1,441 | $1,098 | $549 |
1 adult 2 children | $826 | $645 | $981 | $1,098 | $484 |
2 adults 1 child | $826 | $682 | $1,181 | $639 | $550 |
1 adult 1 child | $826 | $441 | $720 | $639 | $451 |
2 adults | $731 | $548 | $920 | $0 | $490 |
1 adult | $623 | $299 | $460 | $0 | $407 |
Safety trends & Data
Property crime in Presidio County, Texas has fluctuated over the last four years. Notably, burglary incidents dipped from a peak of 4.00 cases in 2018 to 3.00 in 2022, while larceny-theft spiked to 7.00 cases in 2019. Arson, vandalism, and fraud remain low and sporadic. These trends are essential for anyone considering investment or relocation, indicating a relatively stable yet vigilant environment concerning property... Read more
Property Crime Trends in Presidio County, TX Over the Last 4 Years
Property crime in Presidio County, Texas shows variability across different categories over the last four years. While burglary incidents peaked in 2018 with 4.00 cases and slightly dipped in 2022 to 3.00, larceny-theft saw a significant spike in 2019 with 7.00 reported cases. Other categories like arson, vandalism, and fraud have seen minimal activity, popping up sporadically without a clear trend. This fluctuating crime rate could be useful for anyone considering investing in or moving to Presidio County, suggesting a relatively stable but watchful eye towards property-related crimes.
Demographics
Presidio County, Texas has a relatively balanced adult population with males slightly outnumbering females. Educational attainment varies significantly, with a notable portion having less than a 9th-grade education while just over a quarter hold a bachelor's degree or higher. The age distribution highlights a substantial number of young children and older adults, suggesting diverse generational needs. Racial demographics show an overwhelming majority identifying as White, with minimal... Read more
Race Distribution in Presidio County, Texas (2022)
Educational Attainment in Presidio County, Texas (2022)
Age Distribution in Presidio County, Texas
Citizen Population in Presidio County, Texas (2022)
School Data
Presidio County, Texas has experienced a relatively stable student-to-teacher ratio, fluctuating between 11.9 in 2014 and peaking at 12.95 in 2022, settling at 12.74 in 2023, which remains below the national average of 14. This trend may make the area more appealing to potential investors and families prioritizing personalized education. For real estate agents, this suggests a market where smaller class sizes could potentially drive demand, possibly influencing positive property appraisals and... Read more
Student-to-teacher ratio in Presidio County, Texas over the last 10 years
Over the past decade, Presidio County, Texas has seen its student-to-teacher ratio fluctuate between 11.9 in 2014 and a peak of 12.95 in 2022, settling at 12.74 in 2023. While still lower than the current US national average of 14 students per teacher, this relatively stable ratio suggests smaller class sizes, which can be appealing to potential investors and families prioritizing personalized education. For real estate agents and developers, this stability might signify a more attractive market for families, and insurances may view this as a mitigating factor for potential community risks. Importantly, these ratios might also influence appraisals and valuations positively, emphasizing a conducive learning environment as a key feature of the local community.