Sterling County Real Estate and Livability Trends
Sterling County, Texas, has seen some wild swings in tax-related metrics, with average taxable incomes ranging significantly and tax liabilities seeing dramatic highs and lows. These variations could influence the local real estate market's stability—important intel for investors. Home values have bounced around too, jumping from $59,000 in 2019 to $121,000 by 2022. Taxes on those homes... Read more
Sterling County Market Trends
Sterling County, Texas has experienced dramatic fluctuations in median home values, from $86,300 in 2015 down to $59,000 in 2019, before soaring to $121,000 by 2022, contrasting with the steadier growth seen statewide and nationally. Real estate taxes have also varied significantly, spiking from $3,533.33 in 2016 to $6,550.00 in 2018, suggesting impacting factors like property revaluations or... Read more
Median Value of Occupied Housing Units in Sterling County, Texas Over the Last 8 Years
The past eight years in Sterling County, Texas have shown significant volatility in median home values, swinging from $86,300 in 2015 down to $59,000 in 2019, followed by a surge to $121,000 by 2022. When compared to the broader trends, Texas as a whole and the national market have exhibited steadier, more predictable growth. Texas' median home values rose from $136,000 in 2015 to $238,000 in 2022, while nationally, the values increased from $125,500 to $179,400 over the same period. Potential investors and residents might find Sterling County's fluctuations intriguing, possibly signaling unique local economic factors or investment opportunities, especially with recent sharp increases hinting at emerging growth.
Average Real Estate Taxes Per Tax Return in Sterling County, TX Over the Last 8 Years
Sterling County, Texas has seen significant fluctuations in average real estate taxes per tax return over the past eight years, highlighting potential implications for prospective investors and homeowners. Notably, there was a considerable spike from $3,533.33 in 2016 to $4,600.00 in 2017, and an even sharper increase to $6,550.00 in 2018 before reducing to $5,700.00 in 2019. These swings may underline the impact of property revaluations, changing local economic conditions, or shifting fiscal policies, making it crucial for stakeholders to factor in these variables when making financial or property-related decisions.
Percentage of Farm Returns in Sterling County, TX Over the Last 10 Years
Sterling County, Texas has seen relatively stable farm returns over the past decade, with percentages hovering around 14% to 15%. Notable fluctuations include a dip to 13.56% in 2013 and peaks back up to 15% in 2015, 2019, and 2021. Farm tax returns represent the proportion of agricultural profits that are returned via taxes, reflecting the health of the farming sector. For potential investors or residents, this consistency suggests a fairly predictable agricultural economy.
Number of Mortgages by Occupancy Type in Sterling County, TX Over the Last 5 Years in Sterling County
In Sterling County, Texas, mortgage trends over the past five years primarily indicate a strong preference for principal residences, with consistent numbers each year, peaking slightly in 2021 and 2020. Second residences and investment properties show minimal activity, hinting at a stable market with low investor and seasonal demand. This occupancy type shift could impact market stability, influence property valuation methods, and affect insurance premiums, factors crucial for investors, real estate agents, and potential movers considering this area.
Economic Outlook
Sterling County, Texas has witnessed fluctuating average taxable incomes over the past nine years, swinging from $114,559.65 in 2014 to $63,285.48 in 2016. Similarly, there’s been significant volatility in tax liability, peaking at $97,387.23 in 2012 and dipping as low as $14,000.00 in 2017. These economic cycles could impact investment decisions, property demand, and market stability, making it essential for real estate professionals and investors to stay informed about these... Read more
Average Taxable Income per Tax Return in Sterling County, TX over the last 9 years
Sterling County, Texas has shown fluctuating average taxable incomes over the past nine years, swinging from a high of $114,559.65 in 2014 to a low of $63,285.48 in 2016. These variations suggest economic cycles that could impact potential investments and property values. For investors, understanding these trends may indicate periods of economic growth or decline. Real estate professionals and appraisers should note how these income levels could affect property demand and market stability. Keep in mind that these figures reflect taxable income, hinting at broader economic conditions without detailing specific income sources.
Average Total Tax Liability Per Tax Return in Sterling County, TX Over the Last 10 Years
Sterling County, Texas has seen significant fluctuation in average total tax liability per tax return over the past decade. In 2012, it peaked at around $97,387.23 but sharply declined to $25,415.22 in 2013, and continued to experience volatility with values reaching lows of approximately $14,000.00 in 2017 and small rises following years. This variability suggests a potentially unpredictable economic environment, possibly influenced by local economic factors or broader financial trends. This insight may be particularly relevant for investors, real estate agents, and insurance agents assessing the financial stability and growth prospects of the area.
Cost of Living in Sterling County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,396 | $1,275 | $2,242 | $1,242 | $1,071 |
| 1 adult 4 children | $1,396 | $1,041 | $1,717 | $1,242 | $1,209 |
| 2 adults 3 children | $1,396 | $1,041 | $1,944 | $1,242 | $884 |
| 1 adult 3 children | $1,396 | $850 | $1,419 | $1,242 | $985 |
| 2 adults 2 children | $1,068 | $853 | $1,646 | $1,079 | $742 |
| 1 adult 2 children | $1,068 | $637 | $1,121 | $1,079 | $723 |
| 2 adults 1 child | $1,068 | $674 | $1,348 | $549 | $717 |
| 1 adult 1 child | $1,068 | $435 | $823 | $549 | $592 |
| 2 adults | $853 | $541 | $1,050 | $0 | $614 |
| 1 adult | $714 | $295 | $525 | $0 | $508 |
Safety trends & Data
Sterling County, Texas shows consistently low property crime rates, averaging just two larceny-thefts per year since 2020 and minimal reports of motor vehicle thefts, burglaries, and frauds. This stability suggests a low-risk environment for property crimes, which could be an attractive factor for prospective residents or real estate investors looking for safer... Read more
Property Crime Trends in Sterling County, TX Over the Last 4 Years
Sterling County, Texas shows a relatively stable but low level of property crime over the last four years, with incidents of larceny-theft occurring twice per year from 2020 onwards. Motor vehicle thefts have been consistent since 2021, while burglaries and fraud cases have remained minimal, each reported once a year. This pattern suggests a generally low-risk environment for property crime, potentially appealing to prospective residents or real estate investors.
Demographics
Sterling County, Texas presents a noticeable gender imbalance with a higher male population. Educational attainment shows a substantial number of residents with at least a high school diploma, yet there's a relatively low percentage achieving higher education degrees. The age distribution tends to skew younger, with significant numbers under 34. The racial composition is predominantly White, with minimal representation from other racial groups. These trends could suggest specific demographic... Read more
Race Distribution in Sterling County, Texas (2022)
Educational Attainment in Sterling County, Texas (2022)
Age Distribution in Sterling County, Texas
Citizen Population in Sterling County, Texas (2022)
School Data
Sterling County, Texas has boasted a student-to-teacher ratio oscillating between 10 and 12 over the past decade, notably below the national average of 14. This trend of smaller class sizes could be appealing to parents seeking individualized attention for their children. For investors and real estate agents, it might signal a stable or desirable education system, potentially increasing property values. Appraisers and insurance agents might also infer lower risks and higher community engagement... Read more
Student-to-teacher ratio in Sterling County, Texas over the last 10 years
Sterling County, Texas has consistently maintained a student-to-teacher ratio that is below the national average of 14 students per teacher over the last decade. The ratio has oscillated between 10 and 12, remaining in a relatively tight range from 10.48 in 2015 to 11.73 in 2019. This suggests smaller class sizes, which could be appealing to parents looking for more individualized attention for their children. For investors and real estate agents, this trend might indicate a stable or desirable education system, potentially increasing property values. Appraisers and insurance agents might infer lower risks and higher community engagement due to these favorable educational conditions.
