Refugio County Real Estate and Livability Trends
Refugio County, Texas reflects an economically volatile landscape with average taxable incomes peaking at $63,311.05 in 2014 and dipping to $48,227.33 in 2016, before recovering to $57,273.79 by 2021, possibly signaling an unpredictable market. Median home values rose from $74,500 in 2015 to $92,900 in 2022, considerably lower than state and national medians, indicating potential appeal for... Read more
Refugio County Market Trends
Median home values in Refugio County, Texas have seen a steady increase from $74,500 in 2015 to $92,900 in 2022, which is notably below state and national medians, potentially making it an appealing market for budget-conscious buyers and investors. The average residential energy tax credit has fluctuated but generally remains high, suggesting a community engaged in energy-efficient upgrades that... Read more
Median Value of Occupied Housing Units in Refugio County, Texas Over the Last 8 Years
Median home values in Refugio County, Texas have shown a steady increase over the last eight years, growing from $74,500 in 2015 to $92,900 in 2022. However, it's interesting to note that these values have consistently remained well below both the Texas state median and the national median. For instance, in 2022, the median home value in Texas was $238,000 and the national median was $179,400. This relatively lower pricing could appeal to prospective homebuyers or investors looking for more affordable opportunities in a market that might offer better value for the money compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Refugio County, TX Over the Last 8 Years
In Refugio County, Texas, the average residential energy tax credit per tax return has shown notable fluctuations over the last eight years, peaking at $966.67 in 2014 and dipping to $566.67 in 2019. Despite these variations, the general trend indicates a fairly high engagement with energy-efficient home improvements, with averages frequently surpassing $700.00. This data could be particularly relevant for real estate investors, appraisers, and homeowners considering energy-efficient upgrades, as it suggests a community responsive to energy-saving incentives. This responsiveness can potentially drive up property values and make the area more attractive to eco-conscious buyers.
Average Real Estate Taxes Per Tax Return in Refugio County, TX Over the Last 10 Years
In Refugio County, Texas, real estate taxes per tax return have shown some fluctuation over the past decade, hinting at variable property valuations and taxing activities. From a low of $2,928.57 in 2012 to a peak of $3,807.69 in 2019, the trend generally hovers above the $3,000 mark. Notably, 2017 and 2019 saw sharp increases, possibly reflecting changes in the local economy or significant reassessments. This upward pressure on taxes can be crucial for potential investors and homeowners as it may indicate rising property values but also higher long-term costs. This dynamic environment warrants a careful look for those involved in real estate and financial planning in this county.
Percentage of Farm Returns in Refugio County, TX Over the Last 10 Years
The past decade has shown fluctuating trends in the percentage of farm tax returns in Refugio County, Texas. The year 2015 peaked at 7.92%, and 2017 saw a slight increase to 8.18%. However, there was a noticeable dip in 2016, where returns fell to 6.39%. Farm tax returns generally hover around 6.75% to 7.35% in other years, indicating relatively stable, though variable, agricultural activity. This potentially signals an evolving agricultural sector that may be worth watching for those looking to invest or move to the area.
Number of Mortgages by Occupancy Type in Refugio County, TX Over the Last 5 Years in Refugio County
In Refugio County, Texas, the dominant trend over the past five years shows a significant focus on mortgages for principal residences, consistently making up the majority of new mortgages each year. Investment properties have seen relatively low, yet stable numbers, indicating limited but perhaps a steady interest in the area for rental or resale purposes. Second residences have experienced minor fluctuations, reflecting modest demand for vacation homes or secondary housing options. These trends in occupancy type can influence the local housing market, guiding real estate agents and investors in their strategies, and impacting property appraisals and insurance underwriting due to varying risks and valuations associated with different types of occupancy.
Economic Outlook
Refugio County, Texas has shown significant shifts in average taxable income per tax return, peaking in 2014 at $63,311.05 and dipping to $48,227.33 in 2016, recovering to $57,273.79 by 2021. These fluctuations suggest an economically volatile landscape that might influence investment strategies. Additionally, the county's average total tax liability per return has also varied, hitting highs of $12,543.46 in 2014 while dropping to $7,132.43 in 2016. Such variability could be driven by economic... Read more
Average Taxable Income per Tax Return in Refugio County, TX over the last 9 years
Refugio County, Texas has experienced fluctuating average taxable income per tax return over the past nine years, reflecting a somewhat volatile economic landscape. After peaking at $63,311.05 in 2014, the average dipped to a low of $48,227.33 in 2016 but has shown signs of recovery in recent years, reaching $57,273.79 in 2021. These shifts could suggest economic instability or the influence of external factors impacting income levels, important considerations for investors, real estate agents, and financial professionals evaluating the region's potential.
Average Total Tax Liability Per Tax Return in Refugio County, TX Over the Last 10 Years
Refugio County, Texas has seen notable fluctuations in average total tax liability per tax return over the past decade. Peaks in 2014 reached $12,543.46, while the lowest was in 2016 at roughly $7,132.43. This variability could indicate economic shifts or changes in local tax policies, influencing decisions for potential investors, appraisers, and real estate agents looking for market stability or trends. Tracking these changes might help in predicting future tax obligations and financial planning for those moving to, living in, or developing property in the county.
Cost of Living in Refugio County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,024 | $1,323 | $1,852 | $1,334 | $797 |
| 1 adult 4 children | $1,024 | $1,080 | $1,417 | $1,334 | $880 |
| 2 adults 3 children | $1,024 | $1,081 | $1,606 | $1,334 | $633 |
| 1 adult 3 children | $1,024 | $882 | $1,171 | $1,334 | $676 |
| 2 adults 2 children | $841 | $885 | $1,361 | $1,165 | $593 |
| 1 adult 2 children | $841 | $661 | $926 | $1,165 | $525 |
| 2 adults 1 child | $841 | $699 | $1,116 | $616 | $562 |
| 1 adult 1 child | $841 | $452 | $681 | $616 | $467 |
| 2 adults | $713 | $562 | $870 | $0 | $499 |
| 1 adult | $634 | $306 | $435 | $0 | $427 |
Safety trends & Data
Property crime in Refugio County, Texas shows fluctuating trends over the past five years. Motor vehicle theft surged particularly in 2021 and 2022, hitting 25 incidents each year, while burglary and larceny-theft numbers stayed low but steady. Fraud and arson peaked in 2019 but decreased in subsequent years. These trends might impact insurance rates and investment decisions, so potential buyers should consider these factors when assessing safety and community... Read more
Property Crime Trends in Refugio County, TX Over the Last 5 Years
Property crime in Refugio County, Texas has seen fluctuating trends over the last five years. Notably, motor vehicle theft has spiked, particularly in 2021 and 2022, reaching 25 incidents each year. Burglary and larceny-theft numbers remain low but consistent. There were also instances of fraud and arson, which peaked in 2019 and tapered off in subsequent years. The data suggests a mixed landscape for property crime, with certain types becoming more prevalent, which might influence both insurance rates and investment decisions. Potential buyers should keep these trends in mind when evaluating safety and community stability.
Demographics
Refugio County, Texas shows a nearly even split between male and female adults, indicating a balanced gender demographic. Educational attainment reveals that a large portion of the population has at least a high school diploma, yet a smaller number have obtained higher education degrees, which may suggest a workforce focused on roles that don't require advanced degrees. The age distribution skews toward older adults, with significant portions falling in the 55+ age brackets—potentially... Read more
Race Distribution in Refugio County, Texas (2022)
Educational Attainment in Refugio County, Texas (2022)
Age Distribution in Refugio County, Texas
Citizen Population in Refugio County, Texas (2022)
Political Trends & Data
Refugio County, Texas, showed a potential strong Republican preference in the 2020 U.S. Presidential Election, with Republicans possibly securing around 65.7% of the vote. Democrats might have been significantly behind at nearly 33%. Minor parties collectively may not have exceeded 2%, suggesting a solid two-party dominance with limited third-party impact in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Refugio County, Texas, during the 2020 U.S. Presidential Election, may have leaned strongly Republican, with potentially around 65.7% of the vote. Democrats possibly secured nearly 33%, trailing significantly. Minor parties like the Libertarians and Greens, as well as other candidates, appear to have barely made a dent, with their combined total not surpassing 2%. This could hint at a relatively entrenched two-party system with little room for third-party influences in this county.
65.66% of voters voted for the Republican party in the 2020 Presidential Election
32.92% of voters voted for the Democrat party in the 2020 Presidential Election
0.77% of voters voted for the Livertarian party in the 2020 Presidential Election
0.62% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
Refugio County, Texas boasts a student-to-teacher ratio well below the national average of 14 students per teacher, hovering between 10 to 11 over the past decade. This could mean more personalized attention in schools, appealing to families and enhancing local property values. Investors and real estate agents might find this a compelling point, potentially impacting appraisals and making the area attractive for development. Lower ratios could also signal community stability, possibly... Read more
Student-to-teacher ratio in Refugio County, Texas over the last 10 years
Refugio County, Texas has consistently maintained a student-to-teacher ratio below the national average of 14 students per teacher over the past decade, ranging from about 10 to almost 11 students per teacher. These lower ratios might suggest more personalized attention for students, potentially contributing to better educational outcomes. This is beneficial not only for those considering relocating with school-aged children but also for real estate agents and investors highlighting the appeal of local educational quality. A favorable student-to-teacher ratio can also impact property values and prospective appraisals positively, making the area an attractive option for both families and property developers. Additionally, insurers might view this as a sign of a stable and supportive community environment, potentially influencing insurance rates and policies.
