Upton County Real Estate and Livability Trends
Upton County, Texas has seen median home values climb from $57,600 in 2015 to $95,600 in 2022, lagging behind state and national figures but potentially attracting investors or first-time homebuyers. Real estate taxes have increased, peaking at $3,050.00 per tax return in 2017, which might signal rising property values but also affect affordability. Local mortgage activity suggests a consistent... Read more
Upton County Market Trends
Upton County, Texas has seen a steady rise in median home values from $57,600 in 2015 to $95,600 in 2022, though it still lags behind statewide and national trends, potentially making it attractive for investment or first-time homebuyers. The Residential Energy Tax Credit per tax return spiked to $9,450.00 in 2020, before settling at $5,800.00 in 2021, indicating variable local economic or energy... Read more
Median Value of Occupied Housing Units in Upton County, Texas Over the Last 8 Years
While Upton County, Texas has experienced a steady increase in median home values over the last eight years, climbing from $57,600 in 2015 to $95,600 in 2022, it still significantly lags behind both state and national trends. Compared to Texas, where the median home value rose from $136,000 in 2015 to $238,000 in 2022, and the United States, where it increased from $125,500 to $179,400 in the same period, Upton County offers more affordable housing. This disparity might signal opportunities for investment in relatively undervalued properties, potential appreciation gains, or a more accessible entry point for first-time homebuyers.
Residential Energy Tax Credit Per Tax Return in Upton County, TX Over the Last 3 Years
Residential Energy Tax Credits in Upton County, Texas, have fluctuated significantly over the last three years. In 2020, the average credit per tax return saw a dramatic spike to $9,450.00, up from $350.00 in 2013, before settling at $5,800.00 in 2021. This volatility suggests a potential shift in energy efficiency initiatives or local economic factors, which could be relevant for investors, homeowners, and real estate professionals considering the area.
Average Real Estate Taxes Per Tax Return in Upton County, TX Over the Last 6 Years
Real estate taxes in Upton County, Texas have seen an upward trend over the last six years, peaking at $3,050.00 per tax return in 2017. This marked increase from $1,677.78 in 2012 suggests escalating property values and potentially higher assessments. For investors and property buyers, these rising tax figures could indicate a growing local economy and increased demand. Conversely, rising taxes may influence affordability for current residents and those considering a move to the area. For insurance agents and appraisers, the higher tax rates might align with increased property value evaluations, requiring a thorough analysis of market conditions.
Percentage of Farm Returns in Upton County, TX Over the Last 10 Years
Over the past decade, farm returns in Upton County, Texas, fluctuated slightly but generally exhibited a downward trend, dropping from approximately 7.75% in 2012 to about 5.28% in 2021. Farm tax returns, which detail income and expenditures from agricultural operations, provide insight into the economic viability and activity levels of the farming sector. A decreasing percentage of these returns could imply fewer farmers are active or that the economic conditions are challenging, potentially guiding investment and land use decisions. For those considering moving to, investing in, or understanding Upton County, these trends might suggest evolving economic conditions and could influence future agricultural and real estate developments.
Number of Mortgages by Occupancy Type in Upton County, TX Over the Last 5 Years in Upton County
The mortgage data from Upton County, Texas reveals a consistent predominance of principal residence loans over the past five years, with numbers fluctuating slightly from a peak of 112 in 2018 and 2022 to a low of 85 in 2021. Investment properties also saw minor variations, topping at seven in 2019 and falling to three in 2022. Second residences remained minimal throughout. These occupancy type trends can offer valuable insights for potential investors and real estate agents by indicating the stability and demand for principal residences. Appraisers and insurance agents might find these trends useful as they reflect the market's housing preferences and potential risks. Homebuilders can gauge the demand for new constructions based on the stable, albeit slightly variable, demand for principal homes.
Economic Outlook
The average taxable income per tax return in Upton County, Texas, has shown some significant fluctuations over the past nine years, peaking around $84,062.50 in 2014 and dipping to $66,138.41 in 2016. However, since 2018, there's been a general upward trend, indicating potential economic stability or growth. Meanwhile, the total tax liability per return has also seen variability, with peaks in 2014 at approximately $20,197.48 and 2017 at around $17,508.85, but it stabilized around $14,662.83 in... Read more
Average Taxable Income per Tax Return in Upton County, TX over the last 9 years
Average taxable income per tax return in Upton County, Texas, has demonstrated notable fluctuations over the past nine years, with highs around $84,062.50 in 2014 and lows dipping to $66,138.41 in 2016. Income levels have generally trended upward since 2018, likely signaling economic stability or growth. This could be relevant for potential investors and property developers assessing economic vitality, while real estate agents and those considering relocation might view the recent increases as a sign of a healthy local market.
Average Total Tax Liability Per Tax Return in Upton County, TX Over the Last 10 Years
Upton County, Texas has seen fluctuating total tax liability per tax return over the past decade, with significant peaks around 2014 at approximately $20,197.48 and 2017 at around $17,508.85. Despite these spikes, the liability tended to stabilize nearing $14,662.83 in 2021. This data suggests potential economic variability, which could be worth noting for those interested in the real estate market, insurance assessments, or investment opportunities as it may reflect broader economic conditions.
Cost of Living in Upton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,084 | $1,291 | $1,762 | $1,310 | $783 |
| 1 adult 4 children | $1,084 | $1,054 | $1,347 | $1,310 | $873 |
| 2 adults 3 children | $1,084 | $1,055 | $1,529 | $1,310 | $624 |
| 1 adult 3 children | $1,084 | $861 | $1,114 | $1,310 | $675 |
| 2 adults 2 children | $826 | $863 | $1,296 | $1,145 | $569 |
| 1 adult 2 children | $826 | $645 | $881 | $1,145 | $521 |
| 2 adults 1 child | $826 | $682 | $1,063 | $608 | $559 |
| 1 adult 1 child | $826 | $441 | $648 | $608 | $455 |
| 2 adults | $731 | $548 | $830 | $0 | $496 |
| 1 adult | $623 | $299 | $415 | $0 | $419 |
Safety trends & Data
Upton County, Texas has experienced varying property crime rates over the past five years. Vandalism incidents peaked in 2021 with 4 cases, and larceny-theft hit its highest in both 2019 and 2022 with 4 cases each. Motor vehicle thefts have been steady at 1 case in both 2021 and 2022. These trends may be significant for investors, real estate agents, and insurance agents evaluating risk and property value stability in the... Read more
Property Crime Trends in Upton County, TX Over the Last 5 Years
Upton County, Texas has seen fluctuating property crime rates over the past five years. Vandalism incidents were highest in 2021 with 4 cases, while larceny-theft saw a peak in both 2019 and 2022 with 4 cases each. Notably, motor vehicle thefts remained consistent at 1 case in both 2021 and 2022. The data suggests a mixed trend in property crimes, which could be crucial for prospective investors, real estate agents, and insurance agents assessing risk and property value stability in the region.
Demographics
In Upton County, Texas, males slightly outnumber females among the adult population, with most residents being high school graduates, including equivalency degrees. The age distribution is fairly balanced, though there are more individuals in the 35 to 44-year age range. Racially, the diversity tilt sees a high number of individuals identified as "Some other race," potentially indicative of a sizable mixed or unspecified race population. Education varies widely, with a notable proportion of... Read more
Race Distribution in Upton County, Texas (2022)
Educational Attainment in Upton County, Texas (2022)
Age Distribution in Upton County, Texas
Citizen Population in Upton County, Texas (2022)
Political Trends & Data
Upton County, Texas, leans heavily Republican, with around 86% of the vote going to GOP candidates in the 2020 Presidential Election. Democratic support was quite low at about 12%, and third-party candidates barely registered, each garnering less than 1% of votes. This voting pattern could signal the county's conservative climate and key voter concerns during that... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Upton County, Texas, shows a marked tendency toward Republican candidates, with approximately 86% of the vote in the 2020 U.S. Presidential Election going to the GOP. Democratic support appears notably lower, around 12%, while third-party candidates such as the Libertarian and Green parties attracted minimal voter attention, each securing less than 1% of the votes. This trend possibly reflects Upton County's political climate and voter priorities during that election period.
86.11% of voters voted for the Republican party in the 2020 Presidential Election
12.43% of voters voted for the Democrat party in the 2020 Presidential Election
0.95% of voters voted for the Livertarian party in the 2020 Presidential Election
0.51% of voters voted for the Green party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Upton County, Texas has generally been below the national average of 14. Notably, it dropped to about 10 between 2015 and 2017, suggesting more individualized attention in schools during those years. However, this ratio has been climbing since 2020, hitting roughly 14 in 2023. These changes could reflect shifts in school funding, enrollment, or staffing policies. Such trends might make the area more appealing to parents, potentially impacting property values and... Read more
Student-to-teacher ratio in Upton County, Texas over the last 10 years
The student-to-teacher ratio in Upton County, Texas over the past decade has generally fluctuated below the national average of 14 students per teacher. Notably, the ratio decreased to around 10 students per teacher between 2015 and 2017, signifying potentially more individualized attention during those years. However, starting from 2020, the ratio began to trend upwards, reaching approximately 14 students per teacher in 2023. For those considering investment in the local education system, these fluctuations might reflect changes in school funding, enrollment, or staffing policies. Parents moving to Upton County could view the lower ratios favorably, indicating potentially smaller class sizes compared to other areas. Real estate agents and appraisers may also find this trend noteworthy as it can influence property values and neighborhood desirability.
