Van Zandt County Real Estate and Livability Trends
Van Zandt County, Texas has experienced a notable rise in median home values, climbing from $103,400 in 2015 to $181,300 in 2022, which outpaces the national growth rate. The surge in average residential energy tax credits, peaking at $3,483.33 in 2018, hints at a strong trend towards energy-efficient home upgrades, enhancing the area's appeal. Meanwhile, real estate taxes have almost doubled... Read more
Van Zandt County Market Trends
Van Zandt County, Texas has seen a significant surge in median home values, jumping from $103,400 in 2015 to $181,300 in 2022, outpacing the national growth rate. The steep increase in average residential energy tax credits, peaking at $3,483.33 in 2018, signals a strong trend toward energy-efficient upgrades among homeowners, contributing to the area's attractiveness. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Van Zandt County, Texas Over the Last 8 Years
Van Zandt County, Texas has seen a significant surge in median home values over the past 8 years, jumping from $103,400 in 2015 to $181,300 in 2022. This county's growth outpaces the national increase, which went from $125,500 to $179,400 in the same period. While Texas overall also experienced a strong rise in home values, going from $136,000 to $238,000, Van Zandt County's rate of appreciation reflects both regional desirability and possibly more affordable initial market conditions, making it a compelling option for investors and potential homeowners seeking growth potential in their real estate investments.
Residential Energy Tax Credit Per Tax Return in Van Zandt County, TX Over the Last 9 Years
The data from Van Zandt County, Texas shows a notable increase in average residential energy tax credits per tax return over the past nine years. Starting at around $336.67 in 2013, the credits saw a steady climb, peaking dramatically at $3483.33 in 2018. The figures indicate that homeowners are increasingly investing in energy-efficient upgrades, driving up the average tax credit. While there was some leveling off post-2018, values remained high at approximately $2348.39 in 2021. This trend may appeal to potential homebuyers, real estate agents, and investors by highlighting a community committed to energy efficiency and possible higher future returns on energy investments.
Average Real Estate Taxes Per Tax Return in Van Zandt County, TX Over the Last 10 Years
Real estate taxes in Van Zandt County, Texas, have shown a noticeable upward trend over the past decade. For investors, the gradual increase from $2,947.84 in 2012 to $5,658.51 in 2021 could suggest rising property values, which might be attractive. However, higher taxes could also indicate inflated operating costs for property owners. Appraisers and insurance agents should note the almost doubling of average taxes, as it might impact both property appraisals and insurance rates. Real estate professionals and potential homebuyers should be aware that increasing taxes could affect affordability and long-term investment returns.
Percentage of Farm Returns in Van Zandt County, TX Over the Last 10 Years
Farm tax returns in Van Zandt County, Texas have exhibited a modest, gradual decline over the past decade. Starting at around 11.40% in 2012, there's a steady reduction, reaching approximately 9.75% by 2021. These figures could indicate a shift in the local agricultural economy or changes in farm ownership and operations. For potential investors, builders, or residents, this trend might highlight a broader economic transition within the county, possibly affecting land use or agricultural opportunities. Understanding these trends could offer valuable insights into the county's economic health and future development potential.
Number of Mortgages by Occupancy Type in Van Zandt County, TX Over the Last 5 Years in Van Zandt County
The mortgage data over the past five years reveals some notable trends in Van Zandt County, Texas. Principal residence mortgages have consistently dominated, peaking at over 3,331 in 2021, which suggests a strong demand for primary housing. In contrast, investment property mortgages have remained relatively stable but low, indicating a potentially cautious investment climate. Second residences show minimal interest, with the highest count being just 100 in 2021. These occupancy shifts can impact investment decisions, property values, and insurance assessments, as they reflect changing housing needs and financial confidence in the area.
Economic Outlook
Van Zandt County, Texas has seen a solid rise in average taxable income from $46,611.43 in 2013 to $65,019.44 in 2021, indicating a strengthening local economy. Growing state and local income taxes, which jumped from $4,195.00 in 2012 to $12,337.50 in 2021, suggest increasing fiscal pressure that might affect local investment and living costs. Additionally, the total tax liability per return surged from $6,687.20 in 2012 to $9,913.65 in 2021, potentially reflecting higher incomes or tax policy... Read more
Average Taxable Income per Tax Return in Van Zandt County, TX over the last 9 years
Average taxable income in Van Zandt County, Texas has shown a general upward trend over the past nine years, with notable spikes from 2017 onwards. 2013 started with an average taxable income of around $46,611.43, gradually climbing to approximately $65,019.44 in 2021. This increasing income trend could suggest a strengthening local economy, making it a potentially attractive location for real estate investments. Additionally, this growth may appeal to new residents and businesses considering relocation to the area. However, fluctuations in annual growth rates indicate it's prudent to consider comprehensive local economic conditions before making any decisions.
Average State and Local Income Taxes Per Tax Return in Van Zandt County, TX Over the Last 10 Years
Over the past decade, Van Zandt County in Texas has seen a notable increase in average state and local income taxes per tax return. Starting at $4,195.00 in 2012, there was a steady rise through the mid-2010s, with a particularly sharp spike in 2017 at $5,804.55 and an even more significant jump to $9,622.22 in 2018. This upward trend peaked in 2021 with an average of $12,337.50 per return. These changes suggest a growing fiscal pressure that could impact decisions for potential investors, real estate agents, and those considering moving to or living in the county.
Average Total Tax Liability Per Tax Return in Van Zandt County, TX Over the Last 10 Years
Van Zandt County, Texas has experienced a notable increase in average total tax liability per tax return over the past decade. In 2012, the average liability stood at approximately $6,687.20, while in 2021 it surged to around $9,913.65. This trend could signal rising incomes or adjustments in tax policy, impacting decisions for potential investors, new residents, real estate agents, and financial planners. Such a steady increase may also affect property values and insurance considerations in the area.
Cost of Living in Van Zandt County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,303 | $1,339 | $1,874 | $1,146 | $870 |
| 1 adult 4 children | $1,303 | $1,094 | $1,433 | $1,146 | $971 |
| 2 adults 3 children | $1,303 | $1,094 | $1,625 | $1,146 | $700 |
| 1 adult 3 children | $1,303 | $893 | $1,185 | $1,146 | $763 |
| 2 adults 2 children | $917 | $896 | $1,377 | $999 | $592 |
| 1 adult 2 children | $917 | $669 | $937 | $999 | $521 |
| 2 adults 1 child | $917 | $708 | $1,129 | $522 | $574 |
| 1 adult 1 child | $917 | $457 | $689 | $522 | $476 |
| 2 adults | $716 | $569 | $880 | $0 | $508 |
| 1 adult | $613 | $310 | $440 | $0 | $426 |
Safety trends & Data
Property crime trends in Van Zandt County, Texas have seen major fluctuations over the past five years, with larceny-theft incidents dropping from 55.00 in 2018 to 13.00 in 2021, and burglary rates decreasing from 26.00 in 2018 to 2.00 in 2021. Recent upticks to 21.00 for larceny-theft and 10.00 for burglary in 2022 may influence how investors, appraisers, and real estate agents assess the area's safety and security dynamics. This information could be particularly important for decision-making... Read more
Property Crime Trends in Van Zandt County, TX Over the Last 5 Years
Property crime trends in Van Zandt County, Texas over the past five years reveal significant fluctuations, particularly in larceny-theft and burglary incidents. Larceny-theft numbers reached a high of 55.00 in 2018 but steeply dropped to just 13.00 by 2021, with a minor uptick to 21.00 in 2022. Burglary rates began at 26.00 in 2018, peaked slightly at 27.00 in 2019, and then sharply declined to 2.00 in 2021 before rising to 10.00 in 2022. Monitoring these trends could be pivotal for potential investors, appraisal experts, and real estate agents who may factor in the relative safety and security dynamics of the area into their decision-making processes.
Demographics
Van Zandt County, Texas exhibits a roughly balanced gender distribution, with slightly more females than males. The educational attainment data suggests a predominantly high school-educated populace, though there is a significant portion with some college experience. Age distribution trends towards an older population, with a notable contingent aged 55 and above. The racial makeup is predominantly White, accompanied by smaller percentages of Black or African American residents and other... Read more
Race Distribution in Van Zandt County, Texas (2022)
Educational Attainment in Van Zandt County, Texas (2022)
Age Distribution in Van Zandt County, Texas
Citizen Population in Van Zandt County, Texas (2022)
Political Trends & Data
Van Zandt County, Texas, leaned significantly Republican in the 2020 U.S. Presidential Election. Democrats captured a modest portion of the vote, while third parties like the Libertarian and Green parties saw minimal support. This strong conservative tilt could influence local policies and community values, shaping the real estate market's development and zoning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Van Zandt County in Texas leaned heavily toward the Republican party in the 2020 U.S. Presidential Election, with an apparent majority of votes likely cast in their favor. Democrats garnered a modest share, while minor parties like the Libertarian and Green parties received minimal support. The data suggest that Van Zandt County's political landscape is predominantly conservative, potentially influencing local policies and community values.
85.56% of voters voted for the Republican party in the 2020 Presidential Election
13.51% of voters voted for the Democrat party in the 2020 Presidential Election
0.67% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% of voters voted for the Green party in the 2020 Presidential Election
0.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
Van Zandt County, Texas, has seen its student-to-teacher ratio fluctuate around the national average, peaking at 14.69 in 2018 and dipping to 13.36 in 2016. These changes could interest investors and homebuilders evaluating the area's capability to support growing communities through its educational infrastructure. Real estate agents and families might view such ratios as a proxy for classroom sizes, influencing educational quality. Appraisers and insurance agents may also find these trends... Read more
Student-to-teacher ratio in Van Zandt County, Texas over the last 10 years
Van Zandt County, Texas has seen some fluctuations in its student-to-teacher ratio over the past decade. The ratio has mostly hovered around the national average of fourteen students per teacher, peaking at 14.69 in 2018 and seeing its lowest point at 13.36 in 2016. This kind of variability could be relevant for potential investors and homebuilders assessing the area's educational infrastructure and its ability to handle population growth. Real estate agents and families moving to the region might find these numbers indicative of classroom sizes, which can affect educational quality. For appraisers and insurance agents, understanding these trends can provide a broader picture of community investment in educational resources.
