Real County Real Estate and Livability Trends
Real County, Texas has seen a notable increase in average taxable income per tax return, rising from around $42,294.16 in 2013 to $62,728.66 in 2021, hinting at potential economic growth that could attract investors and developers. Median home values have surged from $109,800 in 2015 to $258,000 in 2022, outpacing state and national trends. Additionally, smaller student-to-teacher ratios,... Read more
Real County Market Trends
Median home values in Real County, Texas, have skyrocketed from $109,800 in 2015 to $258,000 in 2022, outpacing both state and national trends. Real estate taxes have also surged, doubling from $3,426.09 in 2012 to $6,916.67 by 2021, potentially reflecting increased property values and public spending. Though the percentage of farm tax returns has declined—going from roughly 8.1% to about 6.8%... Read more
Median Value of Occupied Housing Units in Real County, Texas Over the Last 8 Years
Median home values in Real County, Texas have shown impressive growth, particularly in recent years. Back in 2015, homes were valued around $109,800, but by 2022, this figure surged to $258,000. This increase outpaces both state and national trends, where Texas saw median home values rise from $136,000 in 2015 to $238,000 in 2022, and national values moved from $125,500 to $179,400 in the same period. Such trajectory in Real County suggests strong appreciation potential, making it an appealing prospect for investors and homebuyers alike.
Average Real Estate Taxes Per Tax Return in Real County, TX Over the Last 10 Years
Real County, Texas has seen a notable increase in average real estate taxes per tax return over the past decade. Starting at $3,426.09 in 2012, the taxes decreased slightly in the early years but have shown a steady rise, reaching $6,916.67 by 2021. This trend highlights significant growth, suggesting rising property values and potentially increased public spending or improvements within the county. For potential investors, homeowners, real estate agents, and insurers, this upward trajectory could indicate a robust and appreciating real estate market in Real County.
Percentage of Farm Returns in Real County, TX Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Real County, Texas has seen a gradual decline, starting from roughly 8.1% in 2012 to about 6.8% in 2021. Farm tax returns are filings by individuals or businesses reporting income earned from agricultural activities. For potential investors or property developers, this trend could imply a shift in the economic focus or land use within the county. While it may suggest a diminishing role for agriculture, it might also hint at growing opportunities in other sectors or alternative uses of farmland. Understanding these changes could be crucial for anyone considering moving to or investing in Real County.
Number of Mortgages by Occupancy Type in Real County, TX Over the Last 5 Years in Real County
The number of mortgages for Principal Residences in Real County, Texas, has fluctuated significantly over the past five years, peaking in 2021 with 111 mortgages. There's been a relatively stable but lower interest in Investment Properties, with figures hovering around the 10-mark. Second Residences experienced highs in 2021, but more moderate activity otherwise. These variations could reflect shifting market demands and economic conditions impacting buyer behavior. For potential investors and real estate agents, understanding these trends is crucial for assessing market stability and planning appropriate investment strategies. Shifts in occupancy type might influence property values, insurance premiums, and the overall economic development within the county.
Economic Outlook
Real County, Texas has shown a promising increase in average taxable income per tax return, jumping from about $42,294.16 in 2013 to $62,728.66 in 2021. This might point to a strengthening local economy and better quality of life, appealing to investors and property developers. However, average total tax liability has fluctuated, ranging from roughly $6,900.88 in 2016 to $10,682.58 in 2021, signaling potential shifts in economic conditions or tax policies. These trends are key for real estate... Read more
Average Taxable Income per Tax Return in Real County, TX over the last 9 years
Over the last nine years, Real County, Texas has experienced a consistent increase in average taxable income per tax return, rising from around $42,294.16 in 2013 to approximately $62,728.66 in 2021. This upward trend may suggest a growing local economy and an improving standard of living, making it a potentially attractive area for investors and property developers. Real estate agents might find this data useful for market analysis, while appraisers and insurance agents could interpret these figures as indicators of increasing property values and associated risks, respectively.
Average Total Tax Liability Per Tax Return in Real County, TX Over the Last 10 Years
Real County, Texas has experienced fluctuations in average total tax liability per tax return over the last decade. The tax liability ranged from a low of approximately $6,900.88 in 2016 to a high of around $10,682.58 in 2021. Notable increases, particularly in the last year recorded, may reflect broader economic changes or adjustments in local tax policies. Such shifts are crucial for potential investors, real estate agents, and property developers to consider as they highlight the region's evolving financial landscape and may influence decisions regarding property valuation, risk assessment for insurance, and investment opportunities.
Cost of Living in Real County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,316 | $1,138 | $1,934 | $996 | $793 |
| 1 adult 4 children | $1,316 | $929 | $1,480 | $996 | $884 |
| 2 adults 3 children | $1,316 | $930 | $1,677 | $996 | $635 |
| 1 adult 3 children | $1,316 | $759 | $1,223 | $996 | $661 |
| 2 adults 2 children | $926 | $761 | $1,421 | $869 | $533 |
| 1 adult 2 children | $926 | $569 | $967 | $869 | $474 |
| 2 adults 1 child | $926 | $602 | $1,164 | $455 | $548 |
| 1 adult 1 child | $926 | $389 | $710 | $455 | $457 |
| 2 adults | $737 | $483 | $908 | $0 | $502 |
| 1 adult | $698 | $264 | $454 | $0 | $443 |
Safety trends & Data
Real County, Texas has experienced fluctuating property crime trends over the past few years. In 2021, burglaries spiked to 2.0 reported incidents, up from zero in prior years, while motor vehicle theft remained consistently low with just 1.0 incident in both 2018 and 2021. In 2022, burglaries slightly declined to 1.0 incident. This suggests a generally low but variable property crime rate, which could be seen as a positive indicator for potential investors, residents, and insurers assessing... Read more
Property Crime Trends in Real County, TX Over the Last 3 Years
Real County, Texas has seen fluctuating property crime trends over the past three years. There were 2.0 reported burglaries in 2021, a notable increase from the zero reports in previous years, while motor vehicle theft remained low with only 1.0 incident in both 2018 and 2021. The data for 2022 shows a small decline in burglaries with only 1.0 incident reported. This information suggests a relatively low but variable property crime rate, which can be a positive indicator for potential investors, residents, and insurers evaluating the area's safety and security.
Demographics
Real County, Texas, has a higher number of females than males in its adult population. Educational attainment varies widely, but a significant portion holds high school diplomas or some college experience, with fewer reaching higher degrees. The age distribution suggests an older population, particularly those over 55 years. The population is predominantly White, with very few identifying as Black or African American or other races. This demographic snapshot could implicate various social,... Read more
Race Distribution in Real County, Texas (2022)
Educational Attainment in Real County, Texas (2022)
Age Distribution in Real County, Texas
Citizen Population in Real County, Texas (2022)
Political Trends & Data
Real County, Texas leans heavily Republican, with over 82% of the vote going to the GOP in the 2020 Presidential Election, while Democrats took about 16%. Minor parties such as the Libertarians and Greens barely registered, capturing around 0.7% and 0.3%. This significant gap between parties suggests that alternative political candidates could struggle to gain meaningful support in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Real County, Texas, tends to favor Republican candidates quite heavily, with over 82% of votes cast for the GOP in the 2020 U.S. Presidential Election. Democrats garnered just about 16%, indicating a sizable gap between the two major parties. Minor parties like the Libertarians and Greens barely registered, capturing around 0.7% and 0.3% of the vote respectively. This voting pattern could reflect broader regional political leanings, hinting that candidates from other parties might face significant challenges in gaining traction here.
82.90% of voters voted for the Republican party in the 2020 Presidential Election
16.15% 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
0.25% of voters voted for the Green party in the 2020 Presidential Election
School Data
Real County, Texas has maintained a steady student-to-teacher ratio between 10 and 12 students per teacher over the past decade, with 2023 reporting around 11.57. This ratio is below the national average of 14, possibly indicating smaller class sizes and more personalized attention for students. This factor could appeal to investors, real estate agents, and families who prioritize educational quality, potentially impacting property values and insurance... Read more
Student-to-teacher ratio in Real County, Texas over the last 10 years
Real County, Texas has seen a relatively consistent student-to-teacher ratio over the past decade, fluctuating between 10 and 12 students per teacher. In 2014, the ratio was just over 10, and as of 2023, it hovers around 11.57. This trend remains below the current national average of 14 students per teacher, potentially indicating smaller class sizes, which could translate to more personalized attention for students. Understanding these ratios might be crucial for investors, real estate agents, and families considering a move, as it reflects on the quality of education and potential attraction for families prioritizing academic environments. Additionally, appraisers and insurance agents might note these trends as part of a community's educational appeal, which could influence property values and insurance premiums.
