Rains County Real Estate and Livability Trends
In Rains County, Texas, real estate has seen significant changes, with median home values soaring from $98,400 in 2015 to $174,000 in 2022, outpacing state and national averages. This surge, coupled with rising residential energy tax credits peaking at $1,900.00 in 2019, suggests growing interest in energy-efficient homes. Real estate taxes increased notably from $3,317.39 in 2012 to $5,440.00 by... Read more
Rains County Market Trends
Rains County, Texas, has seen a notable surge in median home values, jumping from $98,400 in 2015 to $174,000 in 2022, outpacing both state and national averages. The county has also experienced marked increases in residential energy tax credits, especially peaking at $1,900.00 in 2019, hinting at growing interest in energy-efficient homes. Real estate taxes climbed from $3,317.39 in 2012 to... Read more
Median Value of Occupied Housing Units in Rains County, Texas Over the Last 8 Years
Rains County, Texas has seen a substantial increase in median home values over the past eight years, rising from $98,400 in 2015 to $174,000 in 2022. This represents a noteworthy surge compared to the state of Texas and national averages, which also experienced increases but at a relatively slower pace. For instance, Texas' median home values rose from $136,000 to $238,000, and national values increased from $125,500 to $179,400 in the same period. This upward trend could signal burgeoning investment opportunities and growing interest in the region, making it compelling for those looking to invest, move, or develop property in Rains County.
Residential Energy Tax Credit Per Tax Return in Rains County, TX Over the Last 8 Years
Over the past eight years in Rains County, Texas, there's been a notable rise in the average residential energy tax credit per tax return, peaking dramatically in 2019 at $1,900.00. This spike is a big deal for prospective homebuyers and investors eyeing energy-efficient properties. The fluctuations suggest increased adoption of energy-saving measures, which could impact property valuations and premiums. For real estate agents and insurance agents, understanding these credits is critical as they influence both the upfront costs of homes and the long-term savings for residents.
Average Real Estate Taxes Per Tax Return in Rains County, TX Over the Last 10 Years
Rains County, Texas has seen a significant rise in average real estate taxes per tax return over the last decade. Starting at $3,317.39 in 2012 and growing steadily to $5,440.00 by 2021, the increase highlights a notable trend. This may interest investors and appraisers considering the evolving taxation landscape. For potential homeowners and real estate agents, understanding this upward shift could inform decision-making regarding long-term investments and financial planning in the county.
Percentage of Farm Returns in Rains County, TX Over the Last 10 Years
Over the past decade, Rains County, Texas, has seen modest fluctuations in the percentage of farm tax returns, hovering around the 10-11% mark. The highest percentage was in 2015 with possibly around 11.52%, while the lowest was in 2020 at about 9.83%. These small changes suggest a relatively stable agricultural sector, which might indicate consistent farming activity and potential resilience in this rural economy. For investors, developers, and residents, this stability in farm returns could be seen as an indicator of a steady local agricultural market, possibly offering reliable opportunities for agricultural investments and rural development.
Number of Mortgages by Occupancy Type in Rains County, TX Over the Last 5 Years in Rains County
In Rains County, Texas, over the past five years, there's been a noticeable shift in mortgage trends by occupancy type. Principal Residence mortgages have seen a significant increase, peaking in 2021 before declining in 2022. Investment Property mortgages, while far fewer, also fluctuated, showing a peak in 2021 before dipping in 2022. Second Residence mortgages saw a moderate rise in 2021 but dropped sharply in 2022. These trends might matter for investors, real estate agents, and developers as they provide insights into housing demands and potential opportunities in the area. For instance, the rise in Principal Residence mortgages suggests strong local housing demand, which could attract developers and investors looking for stable returns. Conversely, the dip in Investment Properties might signal less enthusiasm or higher barriers for investment market penetration. Understanding these shifts is crucial for insurance agents and appraisers in risk assessment and property evaluations.
Economic Outlook
Rains County, Texas has experienced a consistent rise in average taxable income per tax return, climbing from $45,169.48 in 2013 to $64,121.69 in 2021, which might hint at growing economic stability and potential investment opportunities. Meanwhile, average state and local income taxes per tax return saw significant fluctuations, with spikes up to $5,550.00 in 2016 but generally oscillating between $2,900.00 and $3,175.00, suggesting possible shifts in economic conditions or tax policies worth... Read more
Average Taxable Income per Tax Return in Rains County, TX over the last 9 years
Rains County, Texas has seen a notable upward trend in average taxable income per tax return over the past nine years. Starting at $45,169.48 in 2013, the figure has gradually increased, peaking at $64,121.69 in 2021. The steady rise suggests a growing economic stability and possible opportunities for investment and development in the area. This could be of interest to real estate agents, appraisers, and potential residents seeking areas with economic growth.
Average State and Local Income Taxes Per Tax Return in Rains County, TX Over the Last 6 Years
Rains County, Texas has seen significant fluctuations in average state and local income taxes per tax return over the past six years. Noteworthy spikes occurred in 2012 with a high of $5,200.00 and in 2016 reaching $5,550.00, while other years hovered around the $2,900.00 to $3,175.00 range. This variability matters for potential investors, real estate agents, and those looking to move or build property in the area, as it could indicate changing economic conditions or tax policy impacts. Understanding these trends is crucial for accurate financial planning and valuation.
Average Total Tax Liability Per Tax Return in Rains County, TX Over the Last 10 Years
Over the last decade, Rains County, Texas has seen a noticeable increase in the average total tax liability per tax return, moving from $6,409.00 in 2012 to $9,406.33 in 2021. This upward trend could be indicative of rising property values or income levels, potentially making the area more attractive for real estate investors and developers. Appraisers and insurance agents might also find this data valuable when assessing property values and risks. For those considering moving to or investing in Rains County, understanding these financial shifts could provide crucial insights into long-term investment potential and economic stability.
Cost of Living in Rains County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,139 | $1,339 | $1,874 | $1,146 | $822 |
1 adult 4 children | $1,139 | $1,094 | $1,433 | $1,146 | $910 |
2 adults 3 children | $1,139 | $1,094 | $1,625 | $1,146 | $654 |
1 adult 3 children | $1,139 | $893 | $1,185 | $1,146 | $702 |
2 adults 2 children | $826 | $896 | $1,377 | $999 | $576 |
1 adult 2 children | $826 | $669 | $937 | $999 | $500 |
2 adults 1 child | $826 | $708 | $1,129 | $522 | $558 |
1 adult 1 child | $826 | $457 | $689 | $522 | $459 |
2 adults | $728 | $569 | $880 | $0 | $519 |
1 adult | $623 | $310 | $440 | $0 | $435 |
Safety trends & Data
Property crime trends in Rains County, Texas, show interesting fluctuations over the last three years. Burglary and larceny-theft have seen sharp declines, with burglary arrests dropping from 11 in 2019 to just 4 in 2020, and larceny-theft cases falling from 21 in 2018 to 7 in 2020. Motor vehicle theft saw a small but notable increase from 1 case in 2019 to 4 in 2020. Forgery and counterfeiting arrests have nearly disappeared, dropping from 8 in 2018 to just 1 in 2020. While fraud and vandalism... Read more
Property Crime Trends in Rains County, TX Over the Last 3 Years
Property crime trends in Rains County, Texas, over the past three years show notable fluctuations in various categories. Burglary arrests peaked at 11 in 2019 but dropped dramatically to 4 by 2020. Larceny-theft cases were highest in 2018 at 21, then saw a sharp decline to 7 by 2020. Motor vehicle theft remained minimal but interestingly rose from 1 case in 2018 and 2019 to 4 in 2020. Forgery and counterfeiting arrests were relatively low but dropped significantly from 8 in 2018 to just 1 in 2020. Fraud and vandalism incidents show less variation, with only minor changes over the years. These trends imply some fluctuating yet downward overall property crime activity, potentially indicating shifting enforcement or prevention measures.
Demographics
Rains County, Texas, presents a nuanced demographic landscape. The adult population slightly leans female, with 4,907 females compared to 4,678 males as of 2022. Educational attainment levels suggest a strong foundation in high school education, though fewer residents pursue higher degrees. Age distribution highlights a significant portion of the community being middle-aged or older, hinting at possible needs for age-appropriate services. Racial diversity appears limited, with the overwhelming... Read more
Race Distribution in Rains County, Texas (2022)
Educational Attainment in Rains County, Texas (2022)
Age Distribution in Rains County, Texas
Citizen Population in Rains County, Texas (2022)
Political Trends & Data
Rains County, Texas shows a strong conservative leaning based on the 2020 U.S. Presidential Election, where almost 85% of the votes favored the Republican candidate. Democrats garnered approximately 14% of the votes, indicating a smaller but present liberal demographic. This political skew may influence local policies and strategies, reflective of the county's predominantly Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Rains County, Texas appears to have leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 85% of the votes reportedly going to the Republican candidate. Democrats received a notably smaller share, roughly 14%, with minimal support for Libertarian and Green parties. This suggests that political dynamics in Rains County may be characterized by a strong conservative base, affecting local policies and candidate strategies.
85.16% of voters voted for the Republican party in the 2020 Presidential Election
13.91% of voters voted for the Democrat party in the 2020 Presidential Election
0.71% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% of voters voted for the Green party in the 2020 Presidential Election
School Data
Rains County, Texas has maintained a student-to-teacher ratio just below the national average of 14; it peaked at 13.99 in 2018 and dropped to 12.58 by 2022. This ratio could attract families prioritizing education quality due to the favorable classroom conditions for personalized attention. Real estate agents and developers might highlight this stable, competitive ratio as a key selling point for properties in the... Read more
Student-to-teacher ratio in Rains County, Texas over the last 10 years
Rains County, Texas has seen its student-to-teacher ratio hover just below or around the national average of 14 students per teacher over the past decade, indicating potentially favorable classroom conditions for personalized attention. The ratio peaked at 13.99 in 2018 but dipped back down to 12.58 by 2022. Such fluctuations may interest investors and families prioritizing education quality, as lower ratios often suggest better educational outcomes. For real estate agents and property developers, this stable and competitive student-to-teacher ratio could present a selling point for families moving to the area.