Swisher County Real Estate and Livability Trends
Swisher County, Texas has experienced consistent growth in home values, going from $67,200 in 2015 to $85,300 in 2022, suggesting modest appreciation despite lagging behind state and national averages. Meanwhile, real estate taxes have doubled over the last decade, reaching over $4,100 in 2021, possibly due to property reassessments or changing local funding needs. Rising average taxable incomes... Read more
Swisher County Market Trends
Swisher County, Texas has seen home values appreciate from $67,200 in 2015 to $85,300 in 2022, though still trailing behind the Texas and national averages. Real estate taxes have doubled over the last decade, hitting over $4,100 in 2021, likely reflecting changing local funding needs or property value reassessments. Fluctuations in residential energy tax credits and an increase in both principal... Read more
Median Value of Occupied Housing Units in Swisher County, Texas Over the Last 8 Years
Swisher County, Texas has generally seen an appreciating trend in median home values over the last eight years, rising from $67,200 in 2015 to $85,300 in 2022. While this growth is significant, home values in Swisher County still lag behind the Texas state average, which surged to $238,000 by 2022, and the national average, which hit $179,400 in the same year. For investors and potential homeowners, this could signal potential undervaluation or a more affordable entry point compared to broader market trends.
Residential Energy Tax Credit Per Tax Return in Swisher County, TX Over the Last 3 Years
Swisher County, Texas, has experienced fluctuations in the average residential energy tax credit per tax return over the last three years, with an increase from $233.33 in 2013 to a high of $350.00 in 2015, followed by a slight decrease to $300.00 in 2016. This trend may suggest that residents are increasingly investing in energy-efficient improvements, which can be appealing for prospective homebuilders and buyers looking for eco-friendly living options and potential long-term cost savings. Real estate agents, appraisers, and insurance agents might find this data useful for assessing property values and market trends in the region.
Average Real Estate Taxes Per Tax Return in Swisher County, TX Over the Last 10 Years
Real estate taxes in Swisher County, Texas have shown a general upward trend over the last decade, with notable fluctuations. From around $2,100 in 2012, taxes spiked to over $4,100 by 2021. Such variability could imply shifts in local government funding needs or property value assessments, impacting home affordability and investment potential. For those considering real estate investments, insurance underwriting, or appraisals in the area, understanding these fluctuations is crucial for financial planning and market analysis.
Percentage of Farm Returns in Swisher County, TX Over the Last 10 Years
Swisher County, Texas has been experiencing fluctuating percentages of farm returns over the past decade. Trends show figures starting at 12.54% in 2012 and seeing minor variances through the years, with a notable decline to 9.13% in 2020 before slightly rebounding to 10.34% in 2021. Farm tax returns, which represent the proportion of gross farm income subject to tax, provide insights into the economic health of the agricultural sector. These changes may signal evolving agricultural productivity or economic shifts within the county, which can affect decisions for investors and new residents considering the region's farming viability.
Number of Mortgages by Occupancy Type in Swisher County, TX Over the Last 5 Years in Swisher County
Swisher County, Texas has seen a steady increase in the number of mortgages for principal residences over the last five years, with numbers rising from 106 in 2019 to 171 in 2022. There's also a noticeable uptick in investment property mortgages, which suggests a growing interest in real estate investment within the county. These trends could indicate a robust real estate market, making it an appealing area for potential homeowners, investors, and developers. An understanding of these occupancy patterns can help appraisers and insurance agents provide more accurate evaluations and policies, reflecting the diverse uses of properties in the area.
Economic Outlook
Swisher County, Texas, has seen an upward trend in average taxable income per tax return, peaking at $51,406.01 in 2021. This suggests potential economic growth or higher resident earnings, making the area appealing for investors and real estate agents. Variability in average total tax liability per tax return, with a dip from 2014 to 2016 and recovery post-2017, might reflect changing economic conditions, impacting property values and investment... Read more
Average Taxable Income per Tax Return in Swisher County, TX over the last 9 years
Average taxable income per tax return in Swisher County, Texas has seen a general upward trend over the last nine years, with notable increases especially from 2018 onward. The highest average was recorded in 2021 at $51,406.01. This gradual rise indicates potential economic growth or higher earnings among residents, which could be appealing for investors and real estate agents by suggesting a more prosperous community. Despite some fluctuations, the overall pattern suggests improved financial health that may also influence property valuation and insurance assessments.
Average Total Tax Liability Per Tax Return in Swisher County, TX Over the Last 10 Years
Over the last decade in Swisher County, Texas, the average total tax liability per tax return has shown some fluctuation. Initially, slight increases were noted from $7,725.26 in 2012 to $7,766.67 in 2013, but a noticeable dip occurred from 2014 through 2016, reaching a low of around $6,687.70. Post-2017, there was a recovery with tax liabilities climbing back to approximately $7,849.72 in 2018. This data might interest investors and property builders as the variability could reflect changing economic conditions, potentially impacting property values and investment returns.
Cost of Living in Swisher County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,174 | $1,303 | $1,948 | $1,242 | $851 |
1 adult 4 children | $1,174 | $1,064 | $1,491 | $1,242 | $946 |
2 adults 3 children | $1,174 | $1,064 | $1,689 | $1,242 | $681 |
1 adult 3 children | $1,174 | $869 | $1,232 | $1,242 | $712 |
2 adults 2 children | $826 | $871 | $1,431 | $1,084 | $570 |
1 adult 2 children | $826 | $651 | $974 | $1,084 | $511 |
2 adults 1 child | $826 | $689 | $1,173 | $572 | $560 |
1 adult 1 child | $826 | $445 | $715 | $572 | $461 |
2 adults | $649 | $553 | $914 | $0 | $490 |
1 adult | $623 | $302 | $457 | $0 | $428 |
Safety trends & Data
Swisher County, Texas has shown fluctuating property crime trends over the past five years. Burglary peaked at 7 incidents in 2019, while larceny-theft hit its high point in 2022 with 10 incidents. Vandalism saw a notable spike in 2021 with 8 reported cases. Additionally, there have been occasional instances of motor vehicle theft and fraud. These trends could be particularly informative for investors, insurers, and real estate agents considering the crime landscape in the... Read more
Property Crime Trends in Swisher County, TX Over the Last 5 Years
Swisher County, Texas has experienced fluctuating property crime trends over the last five years with notable spikes and declines in various categories. Burglary and larceny-theft have been relatively common, with burglary peaking at 7 incidents in 2019 and larceny-theft reaching its highest at 10 incidents in 2022. Vandalism saw a sharp increase in 2021 with 8 reported cases. Less frequent but still noteworthy are incidents of motor vehicle theft and fraud. These patterns offer important insights for potential investors, insurers, and real estate agents considering the area's crime landscape.
Demographics
Swisher County, Texas, shows a gender gap favoring males in its adult population. Educational attainment varies, with a notable concentration on high school graduates and those with some college experience, while a smaller segment has advanced degrees. The age distribution hints at a younger population under 34 years but also highlights a sizable middle-aged group, indicating potential generational shifts in needs and services. Racially, the community appears predominantly White, with minority... Read more
Race Distribution in Swisher County, Texas (2022)
Educational Attainment in Swisher County, Texas (2022)
Age Distribution in Swisher County, Texas
Citizen Population in Swisher County, Texas (2022)
Political Trends & Data
Swinging heavily Republican, Swisher County, Texas, reflected nearly 78% GOP support in the 2020 Presidential Election. With Democrats capturing roughly 20% and third parties under 1%, this political landscape underscores a dominant Republican presence but also hints at slight, emergent third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Swisher County in Texas saw a significant tilt towards the Republican party in the 2020 U.S. Presidential Election, with nearly 78% of the vote. Democrats captured about 20%, while Libertarians and Greens garnered just under 1% and around 0.4%, respectively. This county's political landscape suggests a strong Republican influence but also hints at potential opportunities for third-party growth, however marginal it may be.
78.34% of voters voted for the Republican party in the 2020 Presidential Election
20.30% of voters voted for the Democrat party in the 2020 Presidential Election
0.93% of voters voted for the Livertarian party in the 2020 Presidential Election
0.42% of voters voted for the Green party in the 2020 Presidential Election
School Data
Swisher County, Texas has seen a stable student-to-teacher ratio, fluctuating between approximately 10 and 11 students per teacher over the past decade. This ratio is below the U.S. national average of 14 students per teacher, hinting at more individualized attention in schools. For real estate investors and agents, this could signal a higher quality of education, potentially boosting property values and... Read more
Student-to-teacher ratio in Swisher County, Texas over the last 10 years
Swisher County, Texas has exhibited a fairly stable student-to-teacher ratio over the past decade, fluctuating between approximately 10 and 11 students per teacher. This is notably below the current U.S. national average of 14 students per teacher, suggesting potentially more individualized attention for students in Swisher County schools. For potential movers or investors, this lower ratio might be indicative of a higher quality of education or a more favorable learning environment. It’s also a crucial factor for real estate agents and appraisers, as good educational statistics might positively influence property values and demand.