Reeves County Real Estate and Livability Trends

In Reeves County, Texas, median home values have surged from $64,800 in 2019 to $108,800 in 2022, yet they remain well below the state's hefty jump from $136,000 to $238,000 during the same period, making it potentially attractive for budget-conscious buyers. The average residential energy tax credit per tax return has skyrocketed to $4,430 from a mere $380.00 in 2013, reflecting a community... increasingly investing in energy-efficient measures. However, the average real estate taxes have also risen considerably, hitting $3,872.73 in 2021, which might concern prospective buyers. The percentage of farm tax returns has mostly hovered around 3-3.5%, offering insights into the local agricultural landscape. Notably, the count of principal residence mortgages peaked at 336 in 2021, while interest in investment properties sharply declined, hinting at a robust market for family homes. Read more

Reeves County, Texas has seen a notable increase in average taxable income per tax return, peaking at $76,256.29 in 2019, suggesting enhanced economic opportunities that could draw in real estate investors and businesses. State and local income taxes have shifted significantly, with the most substantial surge reaching $3,850.00 in 2018, reflecting potential economic or policy changes that could affect property values and affordability. Additionally, average total tax liability has shown... considerable fluctuations, stabilizing around the $14,000 range in recent years, indicating varying economic conditions that real estate professionals and investors might find crucial when considering property investments in the area. Read more

Reeves County, Texas, has seen a downward trend in property crime over the past five years. Significant declines in burglary, larceny-theft, and motor vehicle theft, especially since their peak in 2019, suggest improving community safety. This could potentially boost property values, making the area more appealing for real estate investments. Real estate and insurance agents might view this as a positive sign when assessing risk and advising... clients. Read more

Reeves County's demographic landscape suggests varied educational levels, with a significant portion of adults having a high school diploma or some college experience, while higher degrees are less common. The male population considerably outnumbers the female population, possibly impacting community dynamics and employment patterns. Age-wise, young adults and middle-aged groups seem particularly prevalent, indicating potential workforce availability but also implying the need for varied... amenities and services. On the racial front, there's a notable majority of White and "some other race" categories, suggesting racial diversity and possibly influencing cultural and social interactions. Read more

Reeves County, Texas, tends to lean heavily Republican, as suggested by the 2020 U.S. Presidential Election results where around 61.1% of the votes likely went to the Republican candidate. Democrats lagged behind with approximately 37.8%, and Libertarians and Green Party candidates combined for just about 1% of the total votes. This predominantly Republican voting pattern could impact local policy decisions and economic priorities, potentially influencing factors such as property development... regulations and tax rates. Read more

Over the last decade, the student-to-teacher ratio in Reeves County, Texas has fluctuated but generally stayed close to the national average of 14 students per teacher. It dipped to 12 in 2015 and 2016, but spiked to nearly 15 in 2020 and 2023. These shifts might reflect trends in school funding, population growth, or policy changes, factors that could influence property investments and real estate values in the area. The stable ratios suggest a balanced educational environment, a consideration... for those looking to move to Reeves County. Read more