Reagan County Real Estate and Livability Trends
Reagan County, Texas has seen its median home values rise from $82,900 in 2015 to $123,900 in 2022, suggesting untapped investment potential compared to the state median of $238,000. The county also experienced significant growth in average residential energy tax credits from $333.33 in 2013 to $7,650.00 in 2021, reflecting a growing trend in energy-efficient home improvements. At the same time,... Read more
Reagan County Market Trends
Reagan County, Texas has seen its median home values rise from $82,900 in 2015 to $123,900 in 2022, though it's still trailing behind the Texas state median of $238,000. This gap could hint at untapped investment potential as other markets are becoming more saturated and expensive. The surge in average residential energy tax credits from $333.33 in 2013 to $7,650.00 in 2021 suggests a growing... Read more
Median Value of Occupied Housing Units in Reagan County, Texas Over the Last 8 Years
Reagan County, Texas has experienced an interesting rise in median home values over the past eight years, jumping from $82,900 in 2015 to $123,900 in 2022. While this upward trend is encouraging, it's still significantly lower than both the Texas state median value, which hit $238,000 in 2022, and the national median value of $179,400 for the same year. This disparity might indicate untapped investment potential in the county, especially as broader markets have become more saturated and expensive. For those keen on finding more affordable housing options within Texas, Reagan County could present a viable opportunity.
Residential Energy Tax Credit Per Tax Return in Reagan County, TX Over the Last 2 Years
Reagan County, Texas has seen a notable increase in average residential energy tax credits from $333.33 in 2013 to $7,650.00 in 2021. This significant rise could signal growing investments in energy-efficient home improvements, indicating potential benefits for those planning to invest, sell, or appraise properties, and for insurance agents assessing risk profiles. Increased energy efficiency may also appeal to homebuyers looking for long-term savings and a reduced environmental footprint.
Average Real Estate Taxes Per Tax Return in Reagan County, TX Over the Last 9 Years
In Reagan County, Texas, average real estate taxes per tax return have seen a noticeable upward trend over the past nine years. Starting at approximately $1,913.33 in 2012, taxes spiked to about $2,938.46 in 2013, fluctuated a bit, and then surged to $3,900.00 in 2021. This growth reflects an overall escalation that could interest investors, prospective homeowners, and real estate professionals in understanding the potential shifts in property valuation and county fiscal policies. The evident increase may also necessitate more careful appraisals and insurance evaluations, as higher tax values directly influence these aspects.
Percentage of Farm Returns in Reagan County, TX Over the Last 10 Years
Reagan County, Texas, has seen fluctuations in the percentage of farm tax returns over the last decade, with figures generally trending downward from a high of approximately 9.47% in 2014 to a lower 6.03% by 2021. This data might reveal a subtle decline in agricultural business activity or shifts to other economic sectors within the county. Investors and property developers might interpret these trends as indicative of changing land use priorities, potentially opening up opportunities for diversification beyond traditional farming. The changing dynamics could suggest emerging markets or new community needs within Reagan County that could be pivotal in decision-making processes.
Number of Mortgages by Occupancy Type in Reagan County, TX Over the Last 5 Years in Reagan County
In Reagan County, Texas, the mortgage landscape over the past five years shows a dominant focus on principal residences, with notable year-to-year variations in investment and second properties. For potential investors, the stability in primary residence mortgages could imply a reliable local population base. Meanwhile, the fluctuating numbers in investment properties suggest varying investor interest, which might impact property values and rental markets. This data is crucial for appraisers and insurance agents as it can affect property valuations and risk assessments. Real estate agents and builders could find these trends helpful in determining market strategies and development plans, considering the mix of primary versus secondary or investment occupancy.
Economic Outlook
Reagan County, Texas has experienced a rollercoaster in average taxable incomes and total tax liabilities per tax return over recent years. Average taxable incomes peaked at $86,396.27 in 2019 after a steady climb from 2017's $66,014.10, possibly indicating favorable employment conditions, and then dropped to $64,780.13 in 2020, which might reflect pandemic-related economic challenges. Similarly, total tax liabilities hit a high of $19,095.73 in 2019 but plunged to $11,095.19 in 2020,... Read more
Average Taxable Income per Tax Return in Reagan County, TX over the last 9 years
Reagan County, Texas has seen fluctuating average taxable incomes per tax return over the past nine years, peaking at $86,396.27 in 2019 and dipping to a low of $62,162.75 in 2016. The notable spike in 2019 followed a steady climb from 2017's $66,014.10, hinting at potential economic booms or favorable employment conditions during this period. The dip to $64,780.13 in 2020 could be reflective of broader economic challenges, perhaps due to the pandemic. These variations may suggest oscillating economic stability, impacting potential investment decisions or market appraisals.
Average Total Tax Liability Per Tax Return in Reagan County, TX Over the Last 10 Years
Reagan County, Texas has experienced fluctuating average total tax liability per tax return over the last decade, with noticeable peaks and troughs. The highest point was in 2019 at $19,095.73, while the lowest was observed in 2020 at $11,095.19, suggesting variability possibly tied to regional economic conditions. Such trends could be important for investors, appraisers, and real estate agents as they potentially signal economic stability and can influence property valuations. This volatility might also affect future financial planning and insurance considerations for residents and prospective movers.
Cost of Living in Reagan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,211 | $1,299 | $2,062 | $1,164 | $880 |
| 1 adult 4 children | $1,211 | $1,061 | $1,579 | $1,164 | $951 |
| 2 adults 3 children | $1,211 | $1,061 | $1,788 | $1,164 | $690 |
| 1 adult 3 children | $1,211 | $866 | $1,305 | $1,164 | $742 |
| 2 adults 2 children | $995 | $869 | $1,514 | $1,013 | $631 |
| 1 adult 2 children | $995 | $649 | $1,031 | $1,013 | $584 |
| 2 adults 1 child | $995 | $687 | $1,240 | $523 | $623 |
| 1 adult 1 child | $995 | $443 | $757 | $523 | $521 |
| 2 adults | $792 | $552 | $966 | $0 | $553 |
| 1 adult | $750 | $301 | $483 | $0 | $470 |
Safety trends & Data
Reagan County, Texas, has seen fluctuations in property crimes, with larceny-theft incidents dropping from 2 cases in 2018 to just 1 case in 2020. The decline in overall property crimes suggests potential improvements in community safety, making the area possibly more appealing to investors, property developers, and real estate agents eyeing the local... Read more
Property Crime Trends in Reagan County, TX Over the Last 2 Years
Reagan County, Texas, has experienced noticeable fluctuations in property crimes over the past couple of years. In 2018, larceny-theft incidents led the count with 2 reported cases, while motor vehicle theft and vandalism each had 1 case. By 2020, there was a decline in reported property crimes, with larceny-theft dropping to just 1 reported case. This suggests potential improvements in community safety or shifts in crime reporting, which could be appealing for prospective investors, property developers, and real estate agents analyzing the local market.
Demographics
In Reagan County, Texas, the adult population consists of a slightly higher number of males (1,070) compared to females (880). The county shows a diverse educational attainment spectrum, with the majority being high school graduates, while smaller segments hold associate, bachelor's, or higher degrees. Age-wise, the area has a relatively youthful demographic, with notable numbers in the under-10 and 35-44 brackets. Racial composition reveals a significant presence of both White (1,572) and... Read more
Race Distribution in Reagan County, Texas (2022)
Educational Attainment in Reagan County, Texas (2022)
Age Distribution in Reagan County, Texas
Citizen Population in Reagan County, Texas (2022)
Political Trends & Data
Reagan County in Texas has shown a notable preference for the Republican party, potentially influenced by local social and economic factors that mirror broader trends in the state. The Democratic party struggled to gain substantial support, implying possible hurdles in resonating with the local electorate. Third-party votes were minimal, indicating a preference for more established political options or skepticism towards the viability of smaller... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Reagan County in Texas showed a significant lean toward the Republican party, possibly influenced by local social and economic factors reflecting broader state trends. Although Democrats had some presence, their share of the vote was considerably lower, potentially pointing to challenges in gaining traction in this region. Votes for third parties like Libertarian and Green were minimal, which could suggest voters prefer more established political options or may not see smaller parties as viable.
83.81% of voters voted for the Republican party in the 2020 Presidential Election
15.30% of voters voted for the Democrat party in the 2020 Presidential Election
0.62% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Green party in the 2020 Presidential Election
School Data
Reagan County, Texas has experienced a decline in its student-to-teacher ratio from approximately 12 students per teacher in 2014 to around 10 in recent years. This trend implies more personalized and potentially higher quality education, which could attract potential residents or investors focusing on school quality. Such improvements may impact local real estate values as families weigh the benefit of having less crowded classrooms. For insurance agents and appraisers, this indicates a more... Read more
Student-to-teacher ratio in Reagan County, Texas over the last 10 years
Over the last decade, Reagan County, Texas has seen its student-to-teacher ratio decline from approximately 12 students per teacher in 2014 to around 10 in recent years. This declining trend suggests a more personalized and potentially higher quality education, as classes become less crowded compared to the national average of 14 students per teacher. These changes could be attractive for potential residents or investors prioritizing education, while also influencing local real estate values as families consider school quality. For insurance agents and appraisers, this could reflect a more stable, engaged community. Such shifts are generally considered favorable for community development and long-term economic growth.
