Shackelford County Real Estate and Livability Trends
Shackelford County, Texas, has experienced significant fluctuations in average taxable income, from lows of $42,677.33 in 2020 to $83,165.07 in 2021, potentially influencing property values and investment opportunities. Home values surged from $110,000 in 2020 to $178,500 in 2022, with corresponding real estate taxes rising sharply, reflecting either increased property values or tax policy... Read more
Shackelford County Market Trends
Shackelford County, Texas, has seen remarkable home value growth, jumping from $110,000 in 2020 to $178,500 by 2022, outpacing overall Texas rates. Real estate taxes have surged from $4,375.00 in 2012 to $9,133.33 in 2021, reflecting rising property values or tax policy changes. The stable farm tax returns, around 13.00% to 14.00%, point to a robust agricultural sector, while mortgage preferences... Read more
Median Value of Occupied Housing Units in Shackelford County, Texas Over the Last 8 Years
Shackelford County, Texas, has experienced quite the dynamic shift in home values over the last eight years. Compared to Texas and national trends, Shackelford's real estate market has showcased accelerated growth, especially from 2020 onwards. While national median home values in the United States saw a more steady climb with figures ranging from $125,500 in 2015 to $179,400 in 2022, Shackelford County's values jumped from $110,000 in 2020 to a staggering $178,500 by 2022. Texas state averages were consistently higher than Shackelford's until 2021, but the county's recent surge is narrowing the gap. For investors and potential homeowners eyeing Shackelford County, this could signal increasing demand and value appreciation, though trends suggest a rapid climb worth monitoring for continued growth potential.
Average Real Estate Taxes Per Tax Return in Shackelford County, TX Over the Last 10 Years
Over the past decade, Shackelford County, Texas has seen a notable increase in average real estate taxes per tax return, rising from $4,375.00 in 2012 to $9,133.33 in 2021. This upward trend could be indicative of increased property values or changes in tax policy, making it a potentially lucrative area for real estate investment. For those planning to build or appraise property, understanding this tax trajectory can provide crucial insights into long-term financial planning. Insurance agents and residents may also find this trend pertinent for estimating future expenses and assessing the overall economic landscape of Shackelford County. Real estate agents should consider these patterns when advising clients on potential property investments.
Percentage of Farm Returns in Shackelford County, TX Over the Last 10 Years
Over the last decade, Shackelford County in Texas has seen relatively stable percentages of farm tax returns, with figures hovering around 13.00% to 14.00%. Farm tax returns represent the submission of tax documents related to income generated from farming activities. This stability might suggest a consistent agricultural industry, which could be a positive indicator for those considering investment or development in the area.
Number of Mortgages by Occupancy Type in Shackelford County, TX Over the Last 5 Years in Shackelford County
In Shackelford County, Texas, mortgage counts over the past five years show a pronounced preference for principal residences, with numbers peaking at 112 in both 2020 and 2021, and a notable dip in second residence mortgages, indicating minimal interest in vacation or secondary homes. Swings in investment property mortgage counts, such as the peak of 15 in 2020, might hint at periodic increases in investor attention, potentially reflecting local economic conditions or opportunities. These shifts could influence real estate market trends, affecting appraisals, insurance rates, and guiding decisions for developers and future property owners.
Economic Outlook
Shackelford County, Texas has seen notable shifts in average taxable income per tax return, hitting lows of $42,677.33 in 2020 before rebounding to $83,165.07 in 2021. This volatility could influence real estate investments, property values, and insurance premiums. Coupled with fluctuating average tax liabilities, which peaked at $31,367.59 in 2013 and dropped to $9,088.46 in 2020, these trends may hint at broader economic changes in the region, making it crucial for potential investors and... Read more
Average Taxable Income per Tax Return in Shackelford County, TX over the last 9 years
Over the past nine years, Shackelford County, Texas has experienced significant fluctuations in average taxable income per tax return. The most noticeable drop happened from 2013 to 2020, where income fell from $113,862.42 to $42,677.33. Interestingly, there's a considerable rebound in 2021, with a figure of $83,165.07. These trends suggest a volatile economic environment that could impact real estate investment, property valuation, and insurance premiums in varying ways. For those considering making financial commitments or moving to this county, it's worth paying attention to these income levels as they could reflect broader economic shifts in the region.
Average Total Tax Liability Per Tax Return in Shackelford County, TX Over the Last 10 Years
Over the past decade, Shackelford County, Texas, has seen fluctuating average total tax liabilities per tax return. Notable spikes are observed in 2013 with $31,367.59 and 2014 with $21,785.71, followed by a general decline reaching the low of $9,088.46 in 2020. Such variations could impact investment decisions, real estate values, and insurance considerations.
Cost of Living in Shackelford County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,161 | $1,363 | $2,155 | $1,062 | $901 |
| 1 adult 4 children | $1,161 | $1,113 | $1,651 | $1,062 | $991 |
| 2 adults 3 children | $1,161 | $1,114 | $1,869 | $1,062 | $718 |
| 1 adult 3 children | $1,161 | $909 | $1,364 | $1,062 | $767 |
| 2 adults 2 children | $885 | $912 | $1,582 | $928 | $632 |
| 1 adult 2 children | $885 | $681 | $1,078 | $928 | $555 |
| 2 adults 1 child | $885 | $721 | $1,295 | $495 | $613 |
| 1 adult 1 child | $885 | $465 | $791 | $495 | $503 |
| 2 adults | $705 | $579 | $1,009 | $0 | $549 |
| 1 adult | $667 | $316 | $504 | $0 | $471 |
Safety trends & Data
Shackelford County, Texas, has maintained a relatively low and steady rate of property crimes over the past four years, with incidents of burglary, larceny-theft, and fraud recording no more than one reported case annually. This stability might be appealing for potential investors, real estate agents, and those considering moving into the area, highlighting a relatively secure environment where safety remains a key... Read more
Property Crime Trends in Shackelford County, TX Over the Last 4 Years
Shackelford County, Texas, has seen a relatively low and steady rate of property crimes over the past four years. Incidents of burglary, larceny-theft, and fraud have each recorded no more than one reported case annually. For potential investors, real estate agents, appraisers, or insurance specialists, this may suggest a relatively stable and secure environment, albeit one that still experiences occasional property crimes. This stability could appeal to those considering moving into the area or building property, where safety is a key consideration.
Demographics
In Shackelford County, Texas, the population demonstrates a fairly balanced gender ratio, with a slight edge toward females. Educational attainment varies widely; while a significant portion of adults have completed some college, a substantial number hold bachelor's degrees or higher, highlighting a potentially educated workforce. The age distribution suggests a mature population, particularly with notable group sizes in the 55 to 64 and 65 to 74 age ranges. The racial composition is... Read more
Race Distribution in Shackelford County, Texas (2022)
Educational Attainment in Shackelford County, Texas (2022)
Age Distribution in Shackelford County, Texas
Citizen Population in Shackelford County, Texas (2022)
Political Trends & Data
Shackelford County, Texas, demonstrated a notably strong Republican preference in the 2020 U.S. Presidential Election, with estimates suggesting over 91% of votes went to the GOP. The Democratic Party, on the other hand, received just under 8%, indicating a stark political divide. Minor parties barely registered, with the Libertarian and Green parties capturing around 0.6% and 0.2% respectively. This suggests a solid conservative alignment in the local electorate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Shackelford County, Texas, the 2020 U.S. Presidential Election results showed an overwhelming lean towards the Republican Party, with likely over 91% of the votes. The Democratic Party garnered just under 8%, indicating a significant gap between the two major parties. Minor parties such as the Libertarian and Green parties barely made a dent, capturing roughly 0.6% and 0.2% respectively. This distribution suggests that Shackelford County is heavily conservative, aligning strongly with Republican values.
91.15% of voters voted for the Republican party in the 2020 Presidential Election
7.99% of voters voted for the Democrat party in the 2020 Presidential Election
0.61% 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
In Shackelford County, Texas, the student-to-teacher ratio has ranged from 8 to 11 students per teacher over the past decade, consistently below the national average of 14. This trend suggests smaller class sizes, offering more individualized attention, potentially making the area more appealing to families. Real estate agents and investors might find this factor attractive for marketing properties, while appraisers and insurance agents may see this as a sign of a community that prioritizes... Read more
Student-to-teacher ratio in Shackelford County, Texas over the last 10 years
The student-to-teacher ratio in Shackelford County, Texas has fluctuated over the past decade, ranging from 8 to 11 students per teacher. These numbers consistently fall below the current national average of 14 students per teacher. This trend could suggest smaller class sizes, potentially offering more individualized attention and better-quality education, which might appeal to families considering a move to the area. For investors and real estate agents, lower ratios could imply a more attractive market for families. Appraisers and insurance agents might view this as an indicator of a community that values education, impacting property values and associated risks differently compared to areas with higher ratios.
