Roberts County Real Estate and Livability Trends
Roberts County, Texas has experienced notable economic variations with average taxable income dropping from its 2014 high of $89,665.85 to $54,418.42 in 2017 and lower averages thereafter, possibly reflecting larger economic shifts, including the pandemic's impact. Home values have risen significantly from $109,300 in 2015 to $164,200 in 2022, though they still lag behind broader market levels,... Read more
Roberts County Market Trends
In Roberts County, Texas, the median home value rose impressively from $109,300 in 2015 to $164,200 in 2022, though it still trails behind state and national levels, potentially drawing price-sensitive investors and new residents. Real estate taxes have shown considerable fluctuations, notably peaking at $2,780.00 in 2017, suggesting shifts in property values or budget needs that may impact... Read more
Median Value of Occupied Housing Units in Roberts County, Texas Over the Last 8 Years
In Roberts County, Texas, the median home value has seen a substantial increase over the last eight years, starting at $109,300 in 2015 and reaching $164,200 in 2022. While the growth rate in Roberts County is considerable, it remains below the state of Texas, where median values rose from $136,000 to $238,000 in the same period. Even on a national level, Roberts County lags, with U.S. median values increasing from $125,500 in 2015 to $179,400 in 2022. This price discrepancy might appeal to investors and new residents looking for more affordable real estate options without sacrificing the trend of appreciating home values.
Average Real Estate Taxes Per Tax Return in Roberts County, TX Over the Last 6 Years
Real estate taxes in Roberts County, Texas have seen significant fluctuations over the last six years, with notable decreases in 2013 and 2014, reaching a low of $1,720.00 in 2014. However, there was a marked peak in 2015 at $2,675.00 followed by another considerable increase in 2017, where the average tax per return climbed to $2,780.00. These fluctuations could suggest varying budgetary needs or changes in property values, important for potential investors and homeowners to consider.
Percentage of Farm Returns in Roberts County, TX Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Roberts County, Texas, appears to somewhat fluctuate year-to-year with numbers ranging from 17.62% to 23.08%. Farm tax returns show how many farmers are reporting income, offering a barometer for agricultural activity in the area. Investors, property developers, and potential residents can glean insights into the stability and activity level within the local agricultural sector, which influences land values and regional economic health.
Number of Mortgages by Occupancy Type in Roberts County, TX Over the Last 5 Years in Roberts County
Roberts County, Texas has predominantly seen mortgages for Principal Residences over the last five years, with noticeable spikes in 2018 and 2022. Investment properties and second residences make up only a small fraction of the total mortgage counts, suggesting the area's housing market is driven mainly by owner-occupied homes. Fluctuations in these categories indicate potential shifts in buyer behavior, investor confidence, and the local economy. For investors, understanding these trends can inform risk assessments and potential returns, while appraisers may need to consider the relative scarcity of investment and second home purchases when valuing properties. Real estate agents and builders might find opportunities in developing spaces geared towards principal residences, given their consistent demand.
Economic Outlook
Roberts County, Texas has seen notable fluctuations in average taxable income per tax return over the past nine years, with peaks and valleys that suggest potential economic instability. For instance, while the average taxable income peaked at $89,665.85 in 2014, it dropped dramatically to $54,418.42 in 2017 and has seen a general decline afterward. Similarly, the county's average total tax liabilities per tax return also peaked in 2014 at around $21,606.06 but fell to approximately $8,633.33... Read more
Average Taxable Income per Tax Return in Roberts County, TX over the last 9 years
Over the past nine years, Roberts County, Texas has experienced notable fluctuations in average taxable income per tax return. Starting at $80,020.51 in 2013, the income peaked in 2014 at $89,665.85 but then dropped significantly to a low of $54,418.42 in 2017. Although there was a subsequent rise to $69,292.11 in 2018, the figures saw a general decline afterward. For those considering investment or real estate opportunities, this volatility in income levels may suggest economic instability and influence insurance premiums and property values. Adjusting business strategies or financial plans accordingly could be crucial for stakeholders in this dynamic economic environment.
Average Total Tax Liability Per Tax Return in Roberts County, TX Over the Last 10 Years
Roberts County, Texas has experienced fluctuating average total tax liabilities per tax return over the past decade. The peak was in 2014 with approximately $21,606.06, suggesting potential economic activity or income changes during that period. In contrast, 2020 saw a low of about $8,633.33, which may reflect broader economic impacts possibly related to the global pandemic. Investors, property developers, and real estate professionals should take note of these variations as they may influence decisions regarding property valuation, tax planning, and investment opportunities in the county. Understanding these financial trends could also be significant for appraisers and insurance agents assessing risk and coverage needs.
Cost of Living in Roberts County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,161 | $1,375 | $1,948 | $1,242 | $1,014 |
| 1 adult 4 children | $1,161 | $1,123 | $1,491 | $1,242 | $1,151 |
| 2 adults 3 children | $1,161 | $1,124 | $1,689 | $1,242 | $830 |
| 1 adult 3 children | $1,161 | $917 | $1,232 | $1,242 | $928 |
| 2 adults 2 children | $885 | $920 | $1,431 | $1,084 | $717 |
| 1 adult 2 children | $885 | $687 | $974 | $1,084 | $673 |
| 2 adults 1 child | $885 | $727 | $1,173 | $572 | $679 |
| 1 adult 1 child | $885 | $470 | $715 | $572 | $569 |
| 2 adults | $705 | $584 | $914 | $0 | $593 |
| 1 adult | $667 | $319 | $457 | $0 | $500 |
Demographics
Roberts County, Texas, reveals a slightly higher male population with 327 males compared to 259 females. Educational attainment varies significantly; a notable number of adults hold only high school diplomas (202), while about 76 have bachelor's degrees and 27 possess graduate or professional degrees. The age distribution skews older, with significant populations in the 55 to 64 years (181) and 35 to 44 years (113) age brackets. Racially, the county is predominantly White, encompassing 736... Read more
Race Distribution in Roberts County, Texas (2022)
Educational Attainment in Roberts County, Texas (2022)
Age Distribution in Roberts County, Texas
Citizen Population in Roberts County, Texas (2022)
Political Trends & Data
Roberts County in Texas showed a strong preference for the Republican party in the 2020 U.S. Presidential Election, capturing roughly 96% of the vote. The Democratic party garnered about 3%, with third parties like the Libertarian party collecting around 0.7%. This political landscape suggests a deeply ingrained Republican ideology, which could influence local policy, community initiatives, and future political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Roberts County in Texas appears to display a significant leaning towards the Republican party, with approximately 96% of the vote in the 2020 U.S. Presidential Election. The Democratic party secured close to 3%, while third parties like the Libertarian party drew around 0.7%. This trend might suggest a deep-rooted political inclination in the county, leading to a potentially low diversity of political thought. Understanding such dynamics could be key for future political campaigns and community initiatives in the area.
96.18% of voters voted for the Republican party in the 2020 Presidential Election
3.09% of voters voted for the Democrat party in the 2020 Presidential Election
0.73% of voters voted for the Livertarian party in the 2020 Presidential Election
