Trinity County Real Estate and Livability Trends
Trinity County, Texas, has experienced a considerable rise in average taxable income from $40,123.14 in 2013 to $50,258.84 in 2021, suggesting stronger economic prospects that may bolster real estate values. Median home values peaked at $104,300 in 2022, but the increase remains slower than the state and national averages, keeping it a more affordable option. Residential energy tax credits... Read more
Trinity County Market Trends
Trinity County, Texas has shown an upward trend in median home values, peaking at $104,300 in 2022, although growth has been slower compared to the state and national averages, suggesting it remains an affordable option for investors and homebuyers. Residential energy tax credits per return have seen significant fluctuations, particularly spiking to $2,150.00 in 2018, hinting at a rise in... Read more
Median Value of Occupied Housing Units in Trinity County, Texas Over the Last 8 Years
Trinity County, Texas has seen a general upward trend in median home values over the past eight years, peaking in 2022 at $104,300 from $81,000 in 2015. This growth, though steady, lags behind the state of Texas where median home values surged from $136,000 to $238,000 and the national trend moving from $125,500 to $179,400 in the same period. This indicates that while Trinity County is experiencing growth, home values remain relatively affordable in comparison, making it an attractive option for potential investors and homebuyers seeking lower entry costs.
Residential Energy Tax Credit Per Tax Return in Trinity County, TX Over the Last 9 Years
Trinity County, Texas has seen significant fluctuations in residential energy tax credits per tax return over the past nine years. Notably, there was a spike from $700.00 in 2017 to $2,150.00 in 2018, possibly indicating a surge in energy-efficient home improvements or renewable energy installations during that period. Though the credit amount dropped to $980.00 in 2019, it rebounded to over $1,488.88 in 2020 and slightly increased to $1,518.18 in 2021. These trends suggest evolving homeowner interest in energy-saving measures, which could be valuable insight for investors, property developers, and real estate professionals keen on eco-friendly property features.
Average Real Estate Taxes Per Tax Return in Trinity County, TX Over the Last 10 Years
In Trinity County, Texas, average real estate taxes per tax return have generally shown an upward trend over the past decade. Starting at around $2,821.88 in 2012, there have been notable increases, reaching approximately $5,294.12 by 2021, with a peak of about $5,335.71 in 2020. This steady rise in taxes could impact property investment decisions, influencing potential buyers and developers to weigh these costs carefully when considering the area. For real estate agents, appraisers, and insurance agents, staying informed about these changes is crucial for advising clients and adjusting valuations or policy pricing accordingly.
Percentage of Farm Returns in Trinity County, TX Over the Last 10 Years
Farm tax returns, a vital indicator of agricultural activity, have shown a downward trend in Trinity County, Texas over the past decade. Starting at about 9.46% in 2012, the percentage has gradually decreased, reaching possibly as low as 7.94% in 2020 and slightly recovering to 8.09% in 2021. This subtle yet consistent decline might suggest shifts in the local economy, a decrease in small to mid-sized farming operations, or evolving land use patterns. Investors and property developers might want to consider these trends when evaluating the long-term viability of agricultural investments in the area.
Number of Mortgages by Occupancy Type in Trinity County, TX Over the Last 5 Years in Trinity County
Trinity County, Texas has seen a noticeable increase in mortgages for principal residences over the past few years, jumping from 355 in 2018 to 626 in 2021. Investment properties and second residences have relatively minimal yet observable fluctuation, with investment property mortgages peaking mildly in 2021 at 22 and second residences peaking in 2021 at 89. These shifts might impact real estate agents, investors, and appraisers since a higher number of principal residence mortgages could suggest rising demand for long-term housing, potentially influencing property values and market stability. Insurance agents and property builders might also find these trends relevant when assessing risk and planning new developments.
Economic Outlook
Trinity County, Texas, has seen a rise in average taxable income per tax return from $40,123.14 in 2013 to $50,258.84 in 2021, indicating a positive economic trend and potentially heightened real estate values. Meanwhile, state and local income taxes per return have shown notable variability, notably peaking at $3,320.00 in 2017, which could impact investment strategies and relocation decisions. Additionally, the average total tax liability has steadily increased from $5,378.42 in 2012 to... Read more
Average Taxable Income per Tax Return in Trinity County, TX over the last 9 years
Trinity County, Texas has seen a steady increase in average taxable income per tax return over the past nine years, moving from $40,123.14 in 2013 to $50,258.84 in 2021. This upward trend, with only slight fluctuations, suggests a broadly positive economic trajectory, potentially increasing the area's appeal for investors, new residents, and economic stakeholders. Higher average incomes might correlate with rising property values and potentially more robust local spending power, making it a relatively attractive market for real estate development and other financial investments.
Average State and Local Income Taxes Per Tax Return in Trinity County, TX Over the Last 6 Years
Over the past six years, average state and local income taxes per tax return in Trinity County, Texas have shown significant variability, with values ranging from $2,066.67 in 2016 to as high as $3,320.00 in 2017. This fluctuation is noteworthy for prospective investors and real estate agents as it may reflect changing economic conditions or policy shifts in the county. Such variability in tax burdens could also influence decisions for those considering moving to the area, appraising property, or assessing insurance requirements.
Average Total Tax Liability Per Tax Return in Trinity County, TX Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Trinity County, Texas displayed a steady increase, rising from around $5,378.42 in 2012 to approximately $6,682.63 in 2021. The most significant jumps occurred between 2019 and 2020, possibly correlating with broader economic changes or local policy adjustments. These trends could suggest a growing financial burden for residents but might also reflect increased incomes or property values. For investors, real estate agents, or potential new residents, understanding these shifts is vital for financial planning and forecasting property tax expenses.
Cost of Living in Trinity County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,111 | $1,227 | $1,859 | $1,068 | $723 |
1 adult 4 children | $1,111 | $1,002 | $1,422 | $1,068 | $789 |
2 adults 3 children | $1,111 | $1,002 | $1,613 | $1,068 | $573 |
1 adult 3 children | $1,111 | $818 | $1,176 | $1,068 | $563 |
2 adults 2 children | $913 | $820 | $1,367 | $933 | $528 |
1 adult 2 children | $913 | $613 | $930 | $933 | $465 |
2 adults 1 child | $913 | $648 | $1,120 | $493 | $537 |
1 adult 1 child | $913 | $419 | $683 | $493 | $444 |
2 adults | $724 | $521 | $874 | $0 | $484 |
1 adult | $688 | $284 | $437 | $0 | $425 |
Safety trends & Data
Property crime in Trinity County, Texas has seen a notable decline over the last five years. Burglary incidents peaked at 71 in 2019 but dropped drastically to 5 by 2022. Motor vehicle thefts followed a similar trend, plummeting from 80 in 2019 to just 8 in 2022. Cases of larceny-theft and forgery have also dipped, with larceny-theft falling from 34 in 2018 to 6 in 2022. The decrease in fraud cases from 44 in 2019 to 7 by 2022 might suggest improved security measures or changing community... Read more
Property Crime Trends in Trinity County, TX Over the Last 5 Years
Over the last five years, property crime in Trinity County, Texas, has fluctuated significantly. Burglary peaked in 2019 with 71 reported incidents, while recent years saw a decrease, with only 5 incidents in 2022. Motor vehicle theft also spiked in 2019 at 80 cases but dropped to 8 by 2022. Larceny-theft and forgery have seen substantial declines, with larceny-theft dropping from 34 cases in 2018 to 6 in 2022. Fraud cases were relatively high in 2019 at 44 but decreased to 7 by 2022. This downward trend in various property crimes could indicate improving security measures or changes in community behavior, offering a potentially safer environment for residents and investors.
Demographics
Trinity County's population dynamics reveal a modest gender balance with a slight predominance of females. Educational attainment is skewed towards high school graduates, with notable segments holding either some college experience or no diploma. The age structure indicates a significant proportion of residents are middle-aged or older, potentially influencing local healthcare and economic policies. Racial diversity appears limited with a strong majority of White residents, though there are... Read more
Race Distribution in Trinity County, Texas (2022)
Educational Attainment in Trinity County, Texas (2022)
Age Distribution in Trinity County, Texas
Citizen Population in Trinity County, Texas (2022)
Political Trends & Data
In Trinity County, Texas, the 2020 U.S. Presidential Election results indicate a strong Republican leaning, with about 80% of the votes likely going to the Republican candidate. Democrats appear to have captured around 19% of the votes, signaling a notable but smaller presence. Minor representation for Libertarian and Green parties, each with less than 1% of the vote, possibly reflects a predominantly conservative voter base with minimal third-party influence. This political landscape might be... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Trinity County, Texas, the 2020 U.S. Presidential Election results might suggest a strong Republican leaning, with approximately 80% of the votes going to the Republican candidate. Democrats potentially captured around 19% of the votes, indicating a significant but smaller presence. Minor representation is noted for Libertarian and Green parties, each garnering less than 1% of the vote. This distribution possibly reflects broader political dynamics within the county, highlighting a predominantly conservative voter base with minimal third-party influence.
80.41% of voters voted for the Republican party in the 2020 Presidential Election
19.07% of voters voted for the Democrat party in the 2020 Presidential Election
0.36% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
School Data
Trinity County, Texas, has consistently maintained a student-to-teacher ratio of about 11 to 12 students per teacher over the past decade, which is lower than the national average of 14. This could make the area particularly attractive to families prioritizing education quality, potentially boosting real estate interest. For investors and real estate agents, this educational advantage might influence property values, making it a noteworthy consideration for appraisers and those assessing market... Read more
Student-to-teacher ratio in Trinity County, Texas over the last 10 years
Trinity County, Texas, has seen its student-to-teacher ratio fluctuate over the past decade, mostly hovering around 11 to 12 students per teacher. This is notably lower than the national average of 14 students per teacher, suggesting that Trinity County might offer more individual attention in its classrooms. Such a trend could be appealing for families prioritizing education quality, as well as a key consideration for real estate agents and investors seeking to capitalize on the county's educational strengths. Lower student-to-teacher ratios can also influence property values and could be of interest to appraisers and insurance agents assessing risk and market conditions.