Waller County Real Estate and Livability Trends
Waller County, Texas, has experienced a notable rise in median home values, climbing from $144,200 in 2015 to $268,200 in 2022, decisively outpacing state and national trends. Real estate taxes nearly doubling from $4,903.41 in 2012 to $9,825.00 in 2021 could impact homeownership costs and property values. Additionally, substantial growth in average taxable income, growing from approximately... Read more
Waller County Market Trends
Waller County, Texas, has seen an impressive rise in median home values from $144,200 in 2015 to $268,200 in 2022, outpacing both state and national trends. Residents here are also increasingly investing in energy-efficient upgrades, as seen in the spike of residential energy tax credits from $373.08 in 2013 to $2,785.00 in 2021. Real estate taxes have nearly doubled over the last decade, jumping... Read more
Median Value of Occupied Housing Units in Waller County, Texas Over the Last 8 Years
Waller County, Texas, has seen a robust appreciation in median home values over the last eight years, jumping from $144,200 in 2015 to $268,200 in 2022. This growth outpaces both state and national trends, as Texas saw increases from $136,000 to $238,000, and the U.S. moved from $125,500 to $179,400 over the same period. This suggests Waller County might offer strong investment potential, reflecting greater housing demand and possibly increasing economic activity in the area.
Residential Energy Tax Credit Per Tax Return in Waller County, TX Over the Last 9 Years
Residential energy tax credits in Waller County, Texas, have seen a substantial increase over the past nine years, growing from $373.08 in 2013 to $2,785.00 in 2021. This upward trend reflects a heightened emphasis on energy-efficient home improvements, potentially driven by local policies and rising energy costs. The significant spikes in tax credit values in 2017 and 2018 suggest either an increase in solar panel installations or enhanced incentive programs. For investors, builders, and real estate agents, this trend implies a growing market for energy-efficient properties, while homeowners and appraisers need to consider how these improvements can positively impact property values and insurance rates.
Average Real Estate Taxes Per Tax Return in Waller County, TX Over the Last 10 Years
Real estate taxes in Waller County, Texas have seen a significant rise over the past decade. From $4,903.41 in 2012, the average amount per tax return has nearly doubled to $9,825.00 by 2021. This upward trend is important for investors, property developers, and real estate agents as it could affect property values and the overall cost of homeownership. Higher taxes may also influence insurance costs and property appraisals, impacting financial decisions for prospective buyers and current residents.
Percentage of Farm Returns in Waller County, TX Over the Last 10 Years
Farm tax returns in Waller County, Texas, have shown a gradual decline over the past decade. Starting at a high of 7.38% in 2012, the percentage of farm returns dropped to around 5.49% by 2021. This trend may suggest that fewer residents are engaged in farming activities or that farm incomes are less significant. For potential investors or individuals looking to move or build in Waller County, this could indicate shifting economic activities and perhaps an opportunity for diversification in the local economy. Economic shifts and tax return data provide valuable insights for assessing land use trends and community development in the area.
Number of Mortgages by Occupancy Type in Waller County, TX Over the Last 5 Years in Waller County
Waller County, Texas has shown a noticeable increase in the number of principal residences being financed over the past five years, reaching a peak in 2022 with nearly 5000 mortgages. Investment properties have also seen growth but at a slower rate, with significant upticks in 2021 and 2022. These shifts suggest a growing confidence in Waller County’s housing market and could signal attractive opportunities for real estate investors, developers, and those considering relocation into the area. Changes in occupancy type impact property values, insurance rates, and market dynamics, making them a critical factor for stakeholders such as investors, real estate agents, and appraisers.
Economic Outlook
Waller County, Texas has seen a significant increase in average taxable income per tax return over the last nine years, growing from approximately $57,346.11 in 2013 to around $83,577.81 in 2021. This trend might signal a strengthening local economy and better earning potential, making the area more attractive to investors and new residents. Fluctuations in average state and local income taxes per tax return, including a substantial rise to $12,169.23 in 2021, reflect potential economic shifts... Read more
Average Taxable Income per Tax Return in Waller County, TX over the last 9 years
Waller County, Texas has seen a noticeable uptick in average taxable income per tax return over the last nine years, rising from approximately $57,346.11 in 2013 to around $83,577.81 in 2021. This growth pattern, particularly the significant jump between 2020 and 2021, can indicate a strengthening local economy and improved earning potential, making it potentially attractive to investors and new residents. For real estate agents and appraisers, these trends might suggest escalating property values, while insurance agents could infer changing risk profiles and coverage needs.
Average State and Local Income Taxes Per Tax Return in Waller County, TX Over the Last 10 Years
Waller County, Texas has seen a fluctuating trend in average state and local income taxes per tax return over the past decade. Starting from $4,836.36 in 2012, there's been notable volatility with significant peaks and valleys. Noteworthy spikes occurred in 2016 at $7,342.86 and another substantial rise in 2021, reaching $12,169.23. This unpredictable pattern may reflect economic shifts, policy changes, or regional developments impacting residents' tax obligations. Such variability could be critical for potential investors, real estate agents, and insurance providers to consider when evaluating the financial landscape and community stability in Waller County.
Average Total Tax Liability Per Tax Return in Waller County, TX Over the Last 10 Years
In Waller County, Texas, the average total tax liability per tax return has seen considerable fluctuations over the past decade. Values peaked in 2021 at $15,516.69, signaling a sizable increase from the previous year's $13,170.76. Comparatively, 2016 marked a low point with an average of $10,833.76. Such variability in tax liabilities could be of interest to potential investors, appraisers, and insurance agents, highlighting possible volatility in the local economic landscape and tax considerations. Real estate agents and those looking to move might also consider this data when assessing long-term financial implications in the county.
Cost of Living in Waller County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,473 | $1,363 | $1,865 | $1,688 | $1,116 |
1 adult 4 children | $1,473 | $1,113 | $1,426 | $1,688 | $1,254 |
2 adults 3 children | $1,473 | $1,114 | $1,619 | $1,688 | $916 |
1 adult 3 children | $1,473 | $909 | $1,179 | $1,688 | $1,045 |
2 adults 2 children | $1,118 | $912 | $1,372 | $1,469 | $755 |
1 adult 2 children | $1,118 | $681 | $933 | $1,469 | $762 |
2 adults 1 child | $1,118 | $721 | $1,125 | $757 | $701 |
1 adult 1 child | $1,118 | $465 | $686 | $757 | $601 |
2 adults | $936 | $579 | $879 | $0 | $589 |
1 adult | $881 | $316 | $439 | $0 | $503 |
Safety trends & Data
In Waller County, Texas, larceny-theft has seen a decline from its peak at 45.00 in 2018 to 33.00 in 2022, while burglary incidents dropped from 15.00 in 2018 to a low of 6.00 in 2021, inching up slightly to 10.00 in 2022. Motor vehicle theft has been moderately rising, hitting 10.00 in 2020, and vandalism has doubled from 6.00 in 2018 to 13.00 in 2022. These crime trends could influence property values, insurance costs, and investment choices in the... Read more
Property Crime Trends in Waller County, TX Over the Last 5 Years
Property crime trends in Waller County, Texas, suggest fluctuating levels of various offenses over the past five years. Larceny-theft consistently remains the most frequent crime, peaking at 45.00 in 2018 and showing a downward trend to 33.00 by 2022. Interestingly, burglary incidents saw a significant drop from 15.00 in 2018 to a low of 6.00 in 2021, before slightly rising to 10.00 in 2022. Motor vehicle theft shows a moderately rising trend, reaching 10.00 in 2020. Vandalism appears to be on the rise, with numbers increasing from 6.00 in 2018 to 13.00 in 2022. These shifts in crime patterns could affect property values, insurance premiums, and investment decisions in the region.
Demographics
Waller County, Texas showcases a relatively balanced gender distribution, with females slightly outnumbering males. The county's educational landscape reveals that many people attain at least a high school diploma, though a noteworthy segment does not continue beyond some college education. Age distribution data indicates a strong presence of younger residents, particularly in the 20 to 24 years category. The racial composition is predominantly White, followed by a significant Black or African... Read more
Race Distribution in Waller County, Texas (2022)
Educational Attainment in Waller County, Texas (2022)
Age Distribution in Waller County, Texas
Citizen Population in Waller County, Texas (2022)
Political Trends & Data
In Waller County, Texas, the 2020 U.S. Presidential Election results indicate a robust Republican preference, potentially capturing about 63% of the vote, compared to roughly 36% for Democrats. Minor parties like the Libertarians and Greens seem to hold minimal sway, together constituting around 1% of the votes. This prominent Republican tilt may suggest that local real estate values and community investments could align with conservative values and policies, possibly affecting market dynamics... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Waller County, Texas, the 2020 U.S. Presidential Election leaned significantly towards the Republican party, who may have secured roughly 63% of the votes. Democrats possibly received around 36%, showing a notable political divide. Minor party candidates, including Libertarians and Greens, appeared to garner minimal support, collectively accounting for about 1% of the vote. This distribution suggests a dominant Republican presence in the county, with third-party influence being relatively insignificant.
62.73% of voters voted for the Republican party in the 2020 Presidential Election
36.03% of voters voted for the Democrat party in the 2020 Presidential Election
0.88% of voters voted for the Livertarian party in the 2020 Presidential Election
0.36% of voters voted for the Green party in the 2020 Presidential Election
School Data
Student-to-teacher ratios in Waller County, Texas have seen shifts, peaking at around fifteen in the mid-2010s and dropping to about thirteen recently. This figure dipped below the national average of fourteen for 2021 to 2023. These lower ratios might offer benefits like more personalized attention and better educational outcomes, which could attract families and investors alike. Real estate agents and appraisers might also find lower ratios appealing as they can boost property values and draw... Read more
Student-to-teacher ratio in Waller County, Texas over the last 10 years
Student-to-teacher ratios in Waller County, Texas have shown some fluctuation over the past decade, peaking at around fifteen students per teacher in the mid-2010s and dipping to approximately thirteen in recent years. Interestingly, this ratio moved below the national average of fourteen students per teacher for the years 2021 to 2023. Lower student-to-teacher ratios in Waller County might suggest potential benefits like more individualized attention and enhanced educational outcomes, which could be enticing for families considering moving there and investors eyeing educational infrastructure projects. Real estate agents and appraisers, too, might find this information valuable as it can influence property values and attractiveness to prospective buyers with schooling in mind. For insurance agents, lower ratios might also imply a less crowded educational environment, potentially translating to fewer incidents and claims.