Walker County Real Estate and Livability Trends
Walker County, Texas has seen median home values rise sharply from $116,100 in 2015 to $187,200 in 2022, outpacing national trends but still trailing behind the state average. Residential energy tax credits have been volatile, peaking at $2,087.50 in 2018, indicating a growing focus on sustainable energy. Real estate taxes have doubled over the past decade, impacting investment decisions. The... Read more
Walker County Market Trends
Walker County, Texas has seen median home values soar from $116,100 in 2015 to $187,200 in 2022, outpacing national trends yet still behind the state average. The volatility in residential energy tax credits, peaking at $2,087.50 in 2018, underscores a rising focus on sustainable energy solutions. Real estate taxes have nearly doubled over the past decade, which might reflect increasing property... Read more
Median Value of Occupied Housing Units in Walker County, Texas Over the Last 8 Years
Over the past eight years, Walker County, Texas, has experienced significant growth in median home values, rising from $116,100 in 2015 to $187,200 in 2022. This local increase appears to be more rapid when compared to national trends, where median home values grew from $125,500 to $179,400 in the same period. In contrast, Texas as a whole saw an even more substantial rise, with values jumping from $136,000 to $238,000. This steep upward trajectory in Walker County could present a unique investment opportunity or challenge, depending on your perspective, especially given its rate of change relative to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Walker County, TX Over the Last 9 Years
The average residential energy tax credit per tax return in Walker County, Texas has shown substantial fluctuations over the past nine years. Starting at around $309.68 in 2013, it increased to approximately $936.33 by 2017 and then surged to a high of $2,087.50 in 2018. Despite some variability, such as the dip to $985.71 in 2019, the trend generally indicates a growing engagement with energy-efficient home improvements, peaking again at $1,853.13 in 2021. This pattern may highlight the increasing value placed on sustainable energy solutions in residential properties, making it a crucial factor for investors, builders, and real estate agents to consider when evaluating the market dynamics in this region.
Average Real Estate Taxes Per Tax Return in Walker County, TX Over the Last 10 Years
Over the past decade, Walker County, Texas has experienced a notable rise in average real estate taxes per tax return, going from approximately $3,869.14 in 2012 to around $6,552.73 in 2021. This upward trend implies a steady increase in property values or changes in tax rates, presenting both opportunities and considerations for potential investors, real estate agents, and current homeowners. For appraisers and insurance agents, this data may suggest adjusting property valuations and insurance premiums accordingly. Anyone considering building property or relocating to the area should be prepared for potentially higher tax expenses.
Percentage of Farm Returns in Walker County, TX Over the Last 10 Years
Walker County, Texas has seen its percentage of farm tax returns fluctuating over the last decade, reaching a low of around 3.72% in 2020 before rebounding slightly to approximately 4.53% in 2021. Peaks like in 2017, with roughly 5.37%, suggest that agricultural activity can vary significantly year-over-year. As an investor, builder, or prospective resident, understanding these trends could be crucial for gauging the area’s agricultural health and economic stability. Farm tax returns often reflect the general economic conditions of the farming community, influencing property values, local business opportunities, and overall quality of life.
Number of Mortgages by Occupancy Type in Walker County, TX Over the Last 5 Years in Walker County
Walker County, Texas has shown distinct trends in mortgage counts by occupancy type over the last five years. The data reveals a marked preference for principal residences, with numbers peaking in 2021 at 2,679 mortgages before seeing a slight dip in 2022. Investment property mortgages have remained relatively stable, although there's been a subtle decline from 2018's 131 to 2022's 150. Second residences represent the smallest segment, with a slight rising trend in recent years. These shifts can offer valuable insights for investors and real estate agents about the local housing priorities, influencing decisions on property development, insurance, and overall market strategy in Walker County.
Economic Outlook
Walker County, Texas has experienced notable shifts in average taxable income per tax return, swinging from around $46,664.29 in 2016 to approximately $59,882.14 in 2021. These fluctuations, particularly in key years like 2018 and 2021, might signal economic growth or changes in income levels, impacting property appraisals and investment opportunities. Similarly, average state and local income taxes have shown variability, peaking in 2014 at $7,730.77 and again in 2021 at $9,500.00, indicating... Read more
Average Taxable Income per Tax Return in Walker County, TX over the last 9 years
Walker County, Texas has experienced notable fluctuations in average taxable income per tax return over the past nine years, ranging from a low of approximately $46,664.29 in 2016 to a high of around $59,882.14 in 2021. Key years of increase such as 2018 and 2021 indicate periods of potential economic growth or changes in population income levels, making the area a point of interest for investors and real estate professionals. This volatility might also affect appraisals and insurance assessments, suggesting a nuanced approach to financial planning and property investments in the county.
Average State and Local Income Taxes Per Tax Return in Walker County, TX Over the Last 10 Years
Average state and local income taxes per tax return in Walker County, Texas, have shown notable fluctuations over the past decade. For investors and property developers, it is interesting to note that these taxes spiked significantly in 2014 and again in 2021, hitting $7,730.77 and $9,500.00, respectively. This variability can impact long-term financial planning and perhaps indicate underlying economic shifts or policy changes in the area. Real estate agents and appraisers might want to factor in these sharp rises when advising clients or evaluating property values.
Average Total Tax Liability Per Tax Return in Walker County, TX Over the Last 10 Years
Over the past decade, Walker County, Texas has seen fluctuations in its average total tax liability per tax return, with amounts ranging from a low of $7,205.23 in 2016 to a high of $9,661.35 in 2014. This variability implies a rather dynamic tax landscape, which might interest potential investors, real estate professionals, and residents looking for trends in tax obligations. Such insights can be invaluable for making informed decisions about property investments, accurately appraising property values, and understanding potential financial commitments for new and long-term residents.
Cost of Living in Walker County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,329 | $1,335 | $1,938 | $1,506 | $939 |
| 1 adult 4 children | $1,329 | $1,090 | $1,483 | $1,506 | $1,055 |
| 2 adults 3 children | $1,329 | $1,091 | $1,681 | $1,506 | $766 |
| 1 adult 3 children | $1,329 | $890 | $1,226 | $1,506 | $844 |
| 2 adults 2 children | $1,092 | $893 | $1,424 | $1,316 | $678 |
| 1 adult 2 children | $1,092 | $667 | $969 | $1,316 | $648 |
| 2 adults 1 child | $1,092 | $706 | $1,167 | $696 | $644 |
| 1 adult 1 child | $1,092 | $456 | $712 | $696 | $531 |
| 2 adults | $917 | $567 | $910 | $0 | $536 |
| 1 adult | $730 | $309 | $455 | $0 | $430 |
Safety trends & Data
Walker County, Texas, has seen noticeable fluctuations in property crime over the past five years. Larceny-theft remains a frequent issue, peaking at 198 cases in 2018 and again at 180 in 2022. Burglary incidents rose from 39 cases in 2021 to 56 in 2022, suggesting areas of concern for property security. Motor vehicle thefts have stabilized around 28 cases annually since 2020. While arson and stolen property charges are low, vandalism averages about 20 to 30 cases annually. These trends impact... Read more
Property Crime Trends in Walker County, TX Over the Last 5 Years
Walker County, Texas, has seen notable fluctuations in property crime over the past five years. Larceny-theft consistently remains the most frequent issue, peaking at 198 cases in 2018 before reducing slightly and experiencing another peak in 2022 with 180 cases. Burglary incidents show a rise from 39 cases in 2021 to 56 in 2022, indicating potential areas of concern for property security. Meanwhile, motor vehicle thefts have relatively stabilized around 28 cases annually since 2020. Investors and residents should also note that while arson and stolen property charges are low, vandalism persistently averages about 20 to 30 cases annually. These trends inform risk assessments for insurance and real estate valuation, highlighting areas that may require enhanced community safety measures.
Demographics
Walker County, Texas, shows a sizable gender disparity among adults, with males notably outnumbering females. Educational attainment indicates a significant portion of the population has some level of college education, but many still only have a high school diploma or less. The age distribution suggests a relatively young population, particularly concentrated in the 20 to 34-year-old range. Racially, the county is predominantly White, with African Americans forming the largest minority... Read more
Race Distribution in Walker County, Texas (2022)
Educational Attainment in Walker County, Texas (2022)
Age Distribution in Walker County, Texas
Citizen Population in Walker County, Texas (2022)
Political Trends & Data
Walker County, Texas, displays a predominantly conservative voter base, with the Republican party capturing about 65% of the votes in the 2020 U.S. Presidential Election. Democrats trailed significantly with roughly 33%, and third parties like Libertarians and Greens barely made a dent, capturing approximately 1% and 0.3% respectively. The "Other" votes were negligible, highlighting a strong Republican presence and limited third-party influence in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Walker County, Texas, shows a strong leaning towards the Republican party, which garnered an estimated 65% of the votes during the 2020 U.S. Presidential Election. Democrats trailed with around 33%, while Libertarians and Greens captured minimal percentages, approximately 1% and 0.3% respectively. The "Other" category remains negligible. This distribution hints at a predominantly conservative voter base with minimal diversification into third-party affiliations.
65.12% of voters voted for the Republican party in the 2020 Presidential Election
33.39% of voters voted for the Democrat party in the 2020 Presidential Election
1.22% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Green party in the 2020 Presidential Election
0.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
Walker County, Texas has seen its student-to-teacher ratio climb from 14 to over 16 in the past decade, surpassing the national average. This uptick may suggest larger class sizes and more strained educational resources, which could influence property values and the county’s appeal to families prioritizing education. For those in real estate or insurance, these shifts could affect risk assessments and property... Read more
Student-to-teacher ratio in Walker County, Texas over the last 10 years
Over the past decade, the student-to-teacher ratio in Walker County, Texas has exhibited a slight upward trend, increasing from around 14 students per teacher to over 16. This ratio is now above the national average of 14, which might imply larger class sizes and potentially more strained resources per student. Those considering investment in the area’s education infrastructure or evaluating the school system for relocation purposes might find this trend noteworthy. A higher student-to-teacher ratio could impact property values and the desirability of the county for families prioritizing education. For insurance agents and appraisers, these changes could influence risk assessments and property evaluations.
