Titus County Real Estate and Livability Trends
Titus County, Texas, has observed a noticeable rise in median home values, climbing from $97,500 in 2015 to $138,900 in 2022. The growing interest in energy-efficient homes is evident from the residential energy tax credits, peaking in 2018 and stabilizing around $900.00 to $1,100.00. Real estate taxes have also skyrocketed, indicating rising property values and higher home ownership costs.... Read more
Titus County Market Trends
Titus County, Texas has seen remarkable activity in the real estate market with median home values jumping from $97,500 in 2015 to $138,900 in 2022, potentially offering more affordable options compared to the state's wider surge. Residential energy tax credits indicate growing interest in energy-efficient homes, with tax credit values peaking significantly in 2018 and stabilizing around $900.00... Read more
Median Value of Occupied Housing Units in Titus County, Texas Over the Last 8 Years
Titus County, Texas has seen a significant increase in median home values over the last eight years, spiking from $97,500 in 2015 to $138,900 in 2022. Despite a dip in 2017, the trend shifted notably upward from 2019 onwards. When comparing this to Texas, we see a more rapid rise in state-wide values, soaring from $136,000 in 2015 to $238,000 in 2022. At the national level, the median value increased from $125,500 to $179,400 over the same period. These differences suggest Titus County might offer more affordable real estate opportunities within Texas, especially appealing given the broader upward trend in property values.
Residential Energy Tax Credit Per Tax Return in Titus County, TX Over the Last 9 Years
Over the past nine years in Titus County, Texas, the average residential energy tax credit per tax return has seen significant fluctuations. Starting from $300.00 in 2013, this figure surged to $1,560.00 by 2018, suggesting a growing interest in energy-efficient home improvements. Although there was a dip in 2019 with $883.33, the value later stabilized around the $900.00 to $1,100.00 mark through to 2021. These trends might interest property developers, real estate agents, and potential homeowners by highlighting the increasing financial incentives for adopting renewable energy solutions in the area.
Average Real Estate Taxes Per Tax Return in Titus County, TX Over the Last 10 Years
In Titus County, Texas, average real estate taxes per tax return have seen a notable upward trend over the past decade. Beginning at $3,184.62 in 2012, the amount has steadily increased to $6,683.33 by 2021. Key jumps include a significant rise in 2018 to $5,371.74 and another boost in 2019 to $5,944.68. These increases suggest a growing real estate market and rising property values, indicative of potential investment opportunities and higher home ownership costs. Economic contributors such as infrastructure developments or regional economic growth could be influencing these tax increments, making this an intriguing area for real estate agents, appraisers, and prospective homeowners to watch.
Percentage of Farm Returns in Titus County, TX Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Titus County, Texas has seen a general upward trend, fluctuating from around 5.68% in 2012 to approximately 6.42% in 2021. Farm tax returns—being tax filings that report income from farming—provide a snapshot of the agricultural sector's economic activity in the area. For the agriculturally inclined investor, this indicates a steady or potentially growing agricultural presence and economic contribution. Rising percentages may suggest incremental growth in farming ventures and could influence decisions about land investment, property development, or relocation to capitalize on the agricultural viability of Titus County.
Number of Mortgages by Occupancy Type in Titus County, TX Over the Last 5 Years in Titus County
In the past five years, Titus County, Texas has seen fluctuating numbers in mortgage counts by occupancy type, with principal residences significantly leading. There's a notable dip in 2021 compared to 2022 for principal residences, from 1155 to 795, which might suggest a cooling market or shifting preferences. Investment properties and second residences have remained relatively stable, though not as predominant. Changes in the type of occupancy can indicate broader economic factors and market confidence, impacting decisions for investors, potential movers, appraisers, and insurance agents. This data helps gauge market health and potential, guiding those with vested interests in residential real estate trends.
Economic Outlook
Titus County, Texas has seen an overall upward trend in average taxable income per tax return, growing from about $42,598.15 in 2013 to approximately $61,462.39 by 2021, which could imply improving local economic conditions and potentially increased property values. Average state and local income taxes have also generally increased, with a low of $3,430.00 in 2013 rising to $5,580.00 in 2019, hinting at a buoyant local economy or changed tax policies. The average total tax liability per tax... Read more
Average Taxable Income per Tax Return in Titus County, TX over the last 9 years
Titus County, Texas has seen a fluctuating yet overall upward trend in average taxable income per tax return over the past nine years, which may suggest improving local economic conditions. Average figures have grown from about $42,598.15 in 2013 to approximately $61,462.39 by 2021. This increasing income level could attract potential investors, homebuyers, and those considering property development, as higher income levels often correlate with a higher standard of living and potentially increased property values. Real estate agents and appraisers may find this trend useful for assessing market conditions, while insurance agents might re-evaluate their risk models based on this economic indicator.
Average State and Local Income Taxes Per Tax Return in Titus County, TX Over the Last 10 Years
Over the past decade, Titus County, Texas has seen fluctuating but generally increasing average state and local income taxes per tax return. A notable dip occurred in 2013 with a low of $3,430.00, while a significant rise was observed in 2019, peaking at $5,580.00. The upward trend could suggest a more buoyant local economy or changes in tax policies impacting residents. For potential investors, real estate agents, and those considering moving to Titus County, understanding these tax trends is essential, as they can affect both the cost of living and potential returns on investment.
Average Total Tax Liability Per Tax Return in Titus County, TX Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Titus County, Texas, has fluctuated significantly. Starting at around $7,658.45 in 2012, it saw a dip and subsequent peaks, notably reaching $8,921.50 in 2014 and $9,478.93 in 2021. These numbers suggest Titus County has a somewhat variable tax environment. This variability is crucial for investors, real estate agents, and property developers eyeing the area, as it can impact financial forecasting and decision-making. For those moving to or already living in the county, understanding these trends might help better anticipate financial responsibilities and adjust budget plans accordingly.
Cost of Living in Titus County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,108 | $1,267 | $1,940 | $1,085 | $756 |
| 1 adult 4 children | $1,108 | $1,035 | $1,484 | $1,085 | $825 |
| 2 adults 3 children | $1,108 | $1,035 | $1,682 | $1,085 | $598 |
| 1 adult 3 children | $1,108 | $845 | $1,227 | $1,085 | $598 |
| 2 adults 2 children | $830 | $847 | $1,425 | $947 | $528 |
| 1 adult 2 children | $830 | $633 | $970 | $947 | $463 |
| 2 adults 1 child | $830 | $670 | $1,168 | $496 | $535 |
| 1 adult 1 child | $830 | $432 | $713 | $496 | $442 |
| 2 adults | $640 | $538 | $910 | $0 | $483 |
| 1 adult | $636 | $293 | $455 | $0 | $435 |
Safety trends & Data
Titus County, Texas, has seen significant shifts in property crime rates over the past five years, with notable decreases in burglary and larceny-theft incidents. Burglary rates fell from 28.00 in 2018 to 12.00 in 2022, and larceny-theft dropped from 129.00 to 35.00. Conversely, fraud cases have almost doubled, reaching 20.00 in 2022. These crime trends may influence investment decisions and relocation considerations, underscoring the evolving safety landscape in the... Read more
Property Crime Trends in Titus County, TX Over the Last 5 Years
Titus County, Texas, has experienced notable fluctuations in property crimes over the past five years. Burglary incidents saw a decline from 28.00 in 2018 to 12.00 in 2022. Larceny-theft, initially at 129.00, significantly dropped to 35.00 but saw a somewhat steady count in recent years. Motor vehicle theft remained relatively low, with variations between 8.00 and 11.00. Meanwhile, fraud cases exhibited an increase, peaking at 20.00 in 2022 after starting at 9.00 in 2018. The trends suggest changing dynamics in property crimes, which could impact decisions for potential investors, real estate agents, and those considering moving to or from Titus County.
Demographics
Titus County, Texas, shows a nuanced demographic composition, with a nearly balanced adult population in terms of gender. The area skews towards higher attainment of high school education, yet a significant portion of the population has less than a 9th-grade education. Age distribution hints at a diverse spectrum, prominently featuring younger segments but also a notable number of people in their late career or retirement phases. The racial makeup is predominantly White, but there's... Read more
Race Distribution in Titus County, Texas (2022)
Educational Attainment in Titus County, Texas (2022)
Age Distribution in Titus County, Texas
Citizen Population in Titus County, Texas (2022)
Political Trends & Data
In Titus County, Texas, the 2020 U.S. Presidential Election highlighted a strong Republican lean, with the party likely securing over 71% support. The Democratic Party, while present, seems to have managed only around 27% of the vote. Minor parties, including Libertarian and Green, remained marginal, potentially contributing less than 2% combined. This underscores a solid two-party system, heavily skewed towards Republican preferences in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Titus County, Texas, the 2020 U.S. Presidential Election results show a significant lean towards the Republican Party, with them possibly capturing over 71% of the vote. Democrats appear to have garnered approximately 27%, indicating a strong but notably minor opposition. Voter support for Libertarian and Green parties, as well as other minor parties, seems minimal, with combined totals potentially not surpassing 2%. This suggests a predominantly two-party dynamic with strong Republican dominance in this region.
71.81% of voters voted for the Republican party in the 2020 Presidential Election
27.09% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% 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
Titus County, Texas has shown a modest decrease in its student-to-teacher ratio from about 14:1 in 2014 to around 12:1 in 2023, now slightly below the national average. This could suggest a more favorable academic environment, potentially boosting property values and demand. For those in real estate, this trend might imply stronger community support for schools, indicating a more stable and appealing locale. Prospective residents may find the increased individual attention in schools a positive... Read more
Student-to-teacher ratio in Titus County, Texas over the last 10 years
Over the last decade, Titus County, Texas has seen a slight decline in its student-to-teacher ratio, from around 14 students per teacher in 2014 to about 12 students per teacher in 2023. This shift is somewhat beneficial as the current ratio is now slightly below the national average of 14 students per teacher. For investors and real estate agents, this trend may indicate a favorable academic environment, potentially elevating property values and demand. For appraisers, insurance agents, and those looking to build property, a lower student-to-teacher ratio can hint at stronger community support for schools, translating to a more stable and attractive locale. Interested residents or those considering a move might appreciate the increased attention to individual student needs, which tends to reflect positively on overall quality of life in Titus County.
