Scurry County Real Estate and Livability Trends
Scurry County, Texas, has seen fascinating fluctuations in its real estate market, with median home values rising from $89,100 in 2015 to $109,400 in 2022, indicating broader alignment with larger trends. Taxable incomes reached $69,468.95 in 2021 from $55,157.03 in 2016, showing some economic volatility that could impact investment strategies. Notably, average residential energy tax credits... Read more
Scurry County Market Trends
Scurry County, Texas, has shown significant growth in median home values, from $89,100 in 2015 to $109,400 in 2022, reflecting an intriguing catch-up with broader state and national trends. The average residential energy tax credit per tax return has dramatically increased, from $280.00 in 2013 to $2833.33 in 2021, likely indicating a push towards energy-efficient home improvements. Real estate... Read more
Median Value of Occupied Housing Units in Scurry County, Texas Over the Last 8 Years
Scurry County, Texas has experienced varied fluctuations in median home values over the last eight years, with recent trends showing a significant uptick. From $89,100 in 2015 to $109,400 in 2022, this increase reflects a shift that's particularly remarkable given general state and national trends. By comparison, Texas has seen more consistent and steep growth, from $136,000 in 2015 to $238,000 in 2022. On a national scale, values have also risen steadily, jumping from $125,500 to $179,400 over the same period. Investors and potential homebuyers in Scurry County may find this differential an interesting angle, indicating a market that's catching up with broader trends after periods of relative stagnation.
Residential Energy Tax Credit Per Tax Return in Scurry County, TX Over the Last 8 Years
Scurry County, Texas has seen a substantial increase in the average residential energy tax credit per tax return over the past eight years, jumping from $280.00 in 2013 to $2833.33 in 2021. This upward trend suggests growing investments in energy-efficient home improvements, likely driven by rising energy costs and a greater emphasis on sustainability. For real estate investors, appraisers, and insurance agents, this signals that properties in the county may be increasingly energy-efficient and potentially more valuable over time. Notably, the significant spikes in 2019 and onwards show that recent initiatives and incentives might be having a pronounced impact on local homeowner behavior.
Average Real Estate Taxes Per Tax Return in Scurry County, TX Over the Last 10 Years
Over the past decade, Scurry County, Texas, has seen a notable upward trend in average real estate taxes per tax return, increasing from approximately $3,213.75 in 2012 to around $5,931.58 by 2021. Such a consistent rise in real estate taxes could imply higher property values, potentially attracting investors and signaling robust economic growth. For real estate agents and prospective buyers, this might be an indicator of a valuable market, albeit with higher holding costs. Insurance agents and appraisers should also take note, as these figures may suggest a need for updated property valuations and adjusted insurance premiums.
Percentage of Farm Returns in Scurry County, TX Over the Last 10 Years
Scurry County, Texas has seen some fluctuations in the percentage of farm tax returns over the past decade. Starting at 8.15% in 2012, there's been a general decrease to 7.45% by 2021, with notable dips like 6.81% in 2020. Farm tax returns, essentially income reports filed by those engaged in agricultural activities, indicate the proportion of the local economy relying on farming. Understanding these trends is crucial for potential investors or developers, as a declining percentage could signal shifts in the economic focus of the area or broader agricultural challenges.
Number of Mortgages by Occupancy Type in Scurry County, TX Over the Last 5 Years in Scurry County
The mortgage data for Scurry County, Texas indicates a consistent dominance of principal residences over the past five years, though there is a noticeable tapering in recent years. Investment properties and second residences have maintained a relatively steady, albeit lower, presence. These trends might suggest a stable but slightly cooling market, which could influence property values and the perceived stability for potential investors. Real estate agents, appraisers, and insurers might see this as a signal to adjust their strategies, emphasizing owner-occupied properties while recognizing the limited but steady interest in investment and secondary properties. This nuanced view of occupancy types could affect lending practices, risk assessments, and market predictions for all stakeholders.
Economic Outlook
Scurry County, Texas has shown interesting trends in its real estate market, with average taxable incomes per tax return peaking at around $69,468.95 in 2021 and dipping to about $55,157.03 in 2016, reflecting some economic volatility. Average state and local income taxes per tax return have also fluctuated significantly, from approximately $2,267 in 2013 to a high of $5,700 in 2015. Additionally, the average total tax liability per tax return varied, peaking at around $13,158.12 in 2014 and... Read more
Average Taxable Income per Tax Return in Scurry County, TX over the last 9 years
Over the past nine years, the average taxable income per tax return in Scurry County, Texas has shown fluctuations, peaking at approximately $69,468.95 in 2021 and dipping as low as around $55,157.03 in 2016. Although there have been ups and downs, the general trend indicates resilient growth with some volatility, reflecting potential economic shifts in the area. For those considering investments or property ventures, these variations highlight the importance of monitoring local economic factors, as they could influence financial planning and project viability.
Average State and Local Income Taxes Per Tax Return in Scurry County, TX Over the Last 6 Years
Scurry County, Texas has seen significant volatility in average state and local income taxes per tax return over the last six years. From a low of around $2,267 in 2013, there was a sharp increase to $4,200 in 2014 and a peak of $5,700 in 2015, followed by dips and rises to about $2,467 in 2016 and then to $3,925 in 2017. These fluctuations could impact financial planning for potential investors, real estate appraisers, and insurance agents, as tax burdens vary widely year to year.
Average Total Tax Liability Per Tax Return in Scurry County, TX Over the Last 10 Years
Scurry County, Texas has seen fluctuating average total tax liability per tax return over the last decade, with notable peaks in 2014 at approximately $13,158.12 and lower points around $9,571.37 in 2016. These variations could be significant for appraisers, insurance agents, and real estate professionals as they suggest changes in economic conditions, property values, or taxpayer demographics. For potential investors or residents, understanding these trends could provide insights into fiscal stability and long-term planning in the area.
Cost of Living in Scurry County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,222 | $1,275 | $2,155 | $1,062 | $870 |
| 1 adult 4 children | $1,222 | $1,041 | $1,651 | $1,062 | $955 |
| 2 adults 3 children | $1,222 | $1,041 | $1,869 | $1,062 | $694 |
| 1 adult 3 children | $1,222 | $850 | $1,364 | $1,062 | $738 |
| 2 adults 2 children | $900 | $853 | $1,582 | $928 | $604 |
| 1 adult 2 children | $900 | $637 | $1,078 | $928 | $541 |
| 2 adults 1 child | $900 | $674 | $1,295 | $495 | $603 |
| 1 adult 1 child | $900 | $435 | $791 | $495 | $480 |
| 2 adults | $797 | $541 | $1,009 | $0 | $548 |
| 1 adult | $679 | $295 | $504 | $0 | $448 |
Safety trends & Data
In Scurry County, Texas, property crime trends have seen fluctuations, with larceny-theft being the most consistently reported incident, averaging around 20 cases per year. Burglary and motor vehicle theft are more sporadic, with burglary cases peaking at six in 2019 but dropping to just one in 2021. Vandalism and fraud are less frequent but still present. These trends may suggest to potential investors, real estate agents, and residents that while property crime exists, its occurrence is... Read more
Property Crime Trends in Scurry County, TX Over the Last 5 Years
Over the past five years in Scurry County, Texas, property crime trends show fluctuations with larceny-theft consistently being the most reported incident, averaging around 20 cases annually. Instances of burglary and motor vehicle theft appear sporadic, with burglary cases peaking at six in 2019 and dropping to as low as one in 2021. Vandalism and fraud occur less frequently but remain present, indicating a diverse range of property crimes. These patterns could signal to potential investors, real estate agents, and residents that while property crimes are present, they tend to be relatively low, with larceny-theft being the primary concern.
Demographics
Scurry County, Texas, shows an interesting gender distribution with males slightly outnumbering females. The educational makeup suggests a significant portion of adults have at least a high school diploma, and quite a few have pursued higher education to some extent. Age-wise, the population is fairly young, with a sizable number of residents under the age of 35. Racially, the county is primarily White, but there's also a notable presence of other racial groups, particularly those identifying... Read more
Race Distribution in Scurry County, Texas (2022)
Educational Attainment in Scurry County, Texas (2022)
Age Distribution in Scurry County, Texas
Citizen Population in Scurry County, Texas (2022)
Political Trends & Data
Scurry County, Texas, displayed strong Republican support in the 2020 U.S. Presidential Election, with about 85% of the votes going to the GOP. Democrats captured nearly 14%, while minor parties received less than 1%. This significant Republican leaning could indicate strong conservative values within the local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Scurry County, Texas, leaned heavily Republican in the 2020 U.S. Presidential Election, with around 85% of the votes. Democrats garnered close to 14%, while the Libertarian and Green parties secured marginal support, receiving less than 1% each. Such overwhelming support for the Republican Party is notable and may suggest robust conservative values among the electorate.
84.89% of voters voted for the Republican party in the 2020 Presidential Election
13.94% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
0.02% of voters voted for the Other party in the 2020 Presidential Election
School Data
Scurry County, Texas, now boasts a student-to-teacher ratio of about 12, which is below the national average of 14. This trend may imply more individualized student attention, possibly leading to better educational outcomes. This could be an appealing factor for young families and beneficial for real estate agents marketing to this demographic. Investors or appraisers might also interpret this as a sign of a stable or improving school district... Read more
Student-to-teacher ratio in Scurry County, Texas over the last 10 years
Scurry County, Texas, has seen a gradual decrease in the student-to-teacher ratio over the past decade, with recent figures stabilizing at about 12 students per teacher. This ratio is slightly below the national average of 14, which could suggest more individualized attention for each student, potentially improving educational outcomes. For parents and families moving to the area, this lower ratio might be an attractive factor. Real estate agents might find this information valuable when promoting properties to young families considering relocation. Investors in educational services or appraisors might also see this as indicative of a potentially stable or improving school district environment.
