Starr County Real Estate and Livability Trends
Starr County, Texas, has seen steady increases in home values, reaching $88,300 in 2022, though still lagging behind state and national medians. Elevated residential energy tax credits from $566.67 in 2013 to $2,395.37 by 2021 suggest a local push for energy efficiency. Rising real estate taxes and a spike in farm-related tax returns point to burgeoning agricultural interest. The fluctuating... Read more
Starr County Market Trends
Starr County, Texas, has seen consistent growth in median home values over the last eight years, hitting $88,300 in 2022—still significantly below the state and national medians of $238,000 and $179,400, respectively. Notably, there's been a sharp rise in residential energy tax credits, spiking from $566.67 in 2013 to $2,395.37 by 2021, hinting at increased investments in energy-efficient... Read more
Median Value of Occupied Housing Units in Starr County, Texas Over the Last 8 Years
Starr County, Texas has experienced consistent growth in median home values over the past 8 years, reaching $88,300 in 2022. Interestingly, this trend, while positive, still sees values significantly trailing behind both Texas's state median, which hit $238,000 in 2022, and the national median at $179,400. This gap might present a unique opportunity for investors seeking undervalued markets or for individuals looking for more affordable living options while still benefiting from property value appreciation.
Residential Energy Tax Credit Per Tax Return in Starr County, TX Over the Last 9 Years
Over the past nine years in Starr County, Texas, there's been a noticeable upward trend in the average residential energy tax credit per tax return, rising from approximately $566.67 in 2013 to around $2395.37 by 2021. This significant increase suggests that homeowners in the county are progressively investing in energy-efficient upgrades, which could correlate with higher property values and more favorable living conditions. Such trends could be particularly compelling for investors, real estate agents, and insurance agents, as they may indicate both a growing market and a community increasingly focused on sustainability.
Average Real Estate Taxes Per Tax Return in Starr County, TX Over the Last 10 Years
Over the last decade, Starr County, Texas has experienced a steady increase in average real estate taxes per tax return. Starting at $2,583.14 in 2012, taxes have gradually climbed to $4,726.32 in 2021. Notably, the most significant jumps occurred between 2017 and 2019, where there was an increase from $2,958.65 to $4,314.81. This upward trend may suggest rising property values or changes in local tax policies. For those looking to invest or move to Starr County, these higher taxes could impact the overall cost of property ownership. Real estate agents, insurance agents, and appraisers should consider these trends when advising clients or assessing property values.
Percentage of Farm Returns in Starr County, TX Over the Last 10 Years
The percentage of farm returns in Starr County, Texas, has shown a slight but consistent upward trend over the past decade. Starting at around 4.24% in 2012, it gradually increased to approximately 5.60% by 2021. This upswing in farm tax returns could potentially indicate a growing interest in agricultural activities and investments within the county. Understanding this trend could be particularly useful for investors, developers, and new residents looking to capitalize on or adapt to the county's agricultural landscape.
Number of Mortgages by Occupancy Type in Starr County, TX Over the Last 5 Years in Starr County
In Starr County, Texas, the number of mortgages for principal residences has shown a noticeable upward trend over the last five years, despite minor fluctuations. Investment properties and second residences, however, have maintained relatively low and stable counts. Significant increases in mortgages for principal residences could indicate growing local demand for housing, possibly tied to economic development or demographic changes. This trend might appeal to investors and developers eyeing long-term value, while appraisers and insurance agents might consider the stable interest in second homes and investment properties as a sign of sustained but cautious growth in other real estate segments.
Economic Outlook
Starr County, Texas, has seen a gradual rise in average taxable income per tax return, climbing from $31,257.47 in 2013 to $35,897.22 in 2021, indicating some economic improvement. However, there’s also been a notable increase in average state and local income taxes, from $1,565.22 in 2012 to $3,325.00 by 2021, hinting at more economic activity or changing tax policies. Despite these developments, the percentage of residents living under the poverty line increased from 28.3% in 2020 to 30.5%... Read more
Average Taxable Income per Tax Return in Starr County, TX over the last 9 years
Starr County, Texas, has experienced a notable increase in average taxable income per tax return over the past nine years, rising from approximately $31,257.47 in 2013 to around $35,897.22 in 2021. This trend suggests a gradual economic improvement in the area. Peaks were evident in 2019 with average incomes nearing $36,196.32, followed by a slight dip in 2020 possibly due to pandemic-related factors, before rebounding the next year. This data could be particularly useful for investors, real estate agents, and appraisers gauging the economic health and potential of the region.
Average State and Local Income Taxes Per Tax Return in Starr County, TX Over the Last 10 Years
Over the past decade, Starr County, Texas has experienced a substantial rise in average state and local income taxes per tax return, starting at roughly $1,565.22 in 2012 and reaching about $3,325.00 by 2021. This upward trend seems to indicate growing economic activity or changes in tax policies impacting residents' financial contributions. Notably, the jump between 2018 and 2019, from $2,325.00 to $2,825.00, followed by a slight dip in 2020, suggests some variability likely tied to economic conditions or state taxation adjustments. For investors, real estate agents, and prospective residents, this data provides insight into the economic landscape and potential fiscal responsibilities associated with living and working in Starr County.
Average Total Tax Liability Per Tax Return in Starr County, TX Over the Last 10 Years
Over the past decade, Starr County, Texas has experienced a general upward trend in average total tax liability per tax return. Although there are yearly fluctuations, the overall increase suggests a gradually rising tax burden. This could imply changing economic conditions or evolving county expenses. For potential investors, property developers, or those considering relocation, understanding these trends can provide insight into the county’s financial landscape and long-term fiscal health. Notably, with the tax liability per return climbing from around $3,206.86 in 2012 to approximately $3,712.75 in 2021, the data could suggest an incremental increase in residents' taxable income or a shift in the tax structure.
Cost of Living in Starr County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,125 | $1,243 | $1,679 | $1,113 | $682 |
1 adult 4 children | $1,125 | $1,015 | $1,283 | $1,113 | $750 |
2 adults 3 children | $1,125 | $1,015 | $1,457 | $1,113 | $547 |
1 adult 3 children | $1,125 | $829 | $1,061 | $1,113 | $537 |
2 adults 2 children | $826 | $831 | $1,235 | $972 | $480 |
1 adult 2 children | $826 | $621 | $840 | $972 | $421 |
2 adults 1 child | $826 | $657 | $1,014 | $514 | $495 |
1 adult 1 child | $826 | $424 | $618 | $514 | $416 |
2 adults | $628 | $528 | $792 | $0 | $448 |
1 adult | $623 | $288 | $396 | $0 | $415 |
Safety trends & Data
Starr County, Texas, has experienced diverse trends in property crime over the past five years. Burglary incidents have notably decreased from 20.00 in 2018 to 11.00 in 2022, and larceny-theft has gradually declined from a high of 63 cases in 2018 to 44 in 2022. Motor vehicle thefts have remained fairly stable, while vandalism saw a spike before reducing again, which could influence property values and insurance premiums. Real estate agents and prospective residents might find the drop in... Read more
Property Crime Trends in Starr County, TX Over the Last 5 Years
Starr County, Texas, has seen fluctuating trends in property crime over the last five years. Notably, burglary incidents have generally decreased from 20.0 in 2018 to 11.0 in 2022, whereas motor vehicle thefts remained relatively stable. Larceny-theft, however, saw a peak in 2018 with 63 reported cases, gradually declining to 44 in 2022. Vandalism has seen a spike and then a reduction over these years, affecting property values and insurance premiums. Investors and appraisers might find this data useful for risk assessment and valuation trends. Real estate agents and prospective residents, however, may focus on the positive drop in burglary and vandalism rates as a sign of improving local security.
Demographics
In Starr County, Texas, the adult population shows a nearly even split between males and females. Education levels are diverse, though a significant segment has less than a 9th-grade education, while fewer have achieved higher education degrees. The age distribution suggests a younger population, with notable portions of inhabitants under 25 years old. Racially, the county is predominantly White, with minimal representation from other racial... Read more
Race Distribution in Starr County, Texas (2022)
Educational Attainment in Starr County, Texas (2022)
Age Distribution in Starr County, Texas
Citizen Population in Starr County, Texas (2022)
Political Trends & Data
Starr County, Texas, revealed a near-split in voter preferences during the 2020 U.S. Presidential Election, indicating a highly competitive two-party dynamic. The dominance of Democrats may be slight, but minor factions like Libertarians and Greens seem to hold minimal sway, which could imply that even small shifts in voter sentiment could have significant effects on future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Starr County, Texas, showed a near-even divide in the 2020 U.S. Presidential Election, with Democrats potentially holding a narrow edge over Republicans. Third-party candidates like Libertarians and Greens seem to have little influence, capturing only minor fractions of the vote. This suggests a predominantly two-party dynamic in the region, although shifts in either direction could sway future elections.
47.06% of voters voted for the Republican party in the 2020 Presidential Election
52.06% of voters voted for the Democrat party in the 2020 Presidential Election
0.52% of voters voted for the Livertarian party in the 2020 Presidential Election
0.36% of voters voted for the Green party in the 2020 Presidential Election
School Data
Starr County, Texas, has seen its student-to-teacher ratio fluctuate between 12 and 14 students per teacher over the last decade, closely mirroring the national average. Lower ratios generally mean more personalized classroom attention, potentially improving educational outcomes. This trend could make Starr County more attractive to investors and new residents, driving demand for real estate. Appraisers and real estate agents might use these educational statistics to boost interest, while... Read more
Student-to-teacher ratio in Starr County, Texas over the last 10 years
Starr County, Texas, has experienced fluctuations in its student-to-teacher ratio over the last decade, with values ranging from 12 to 14 students per teacher. This variation hovers around the national average of 14 students per teacher. Investors and new residents might find this information relevant as lower ratios often correlate with more personalized attention in classrooms, which can enhance educational outcomes. Appraisers and real estate agents could leverage this in their pitches, while insurers and developers might consider these trends when evaluating community longevity and appeal. Real estate in areas with favorable educational statistics could also see increased demand.