Webb County Real Estate and Livability Trends
Webb County, Texas, presents an intriguing option for real estate investors. With average taxable income per tax return increasing to $48,630.50 in 2021 from $39,817.26 in 2013, this could signal rising property values and economic improvements. Median home values have climbed to $161,000 in 2022 from $109,500 in 2015, still below the Texas state median, suggesting relatively affordable... Read more
Webb County Market Trends
Webb County, Texas, has seen a steady increase in median home values, rising from $109,500 in 2015 to $161,000 in 2022. This growth still places the county below the Texas state median of $238,000 and the national median of $179,400, suggesting more affordable property opportunities. Average residential energy tax credits per tax return have skyrocketed from $546.41 in 2013 to $2,410.49 in 2021,... Read more
Median Value of Occupied Housing Units in Webb County, Texas Over the Last 8 Years
Webb County, Texas has experienced a steady increase in median home values over the last eight years, from $109,500 in 2015 to $161,000 in 2022. This growth, while notable, still places the county's median home values below both the Texas state median of $238,000 and the national median of $179,400 in 2022. For potential investors or those looking to relocate, this could suggest more affordable property opportunities in Webb County compared to the broader market.
Residential Energy Tax Credit Per Tax Return in Webb County, TX Over the Last 9 Years
Webb County, Texas has seen a notable increase in the average residential energy tax credit per tax return over the last nine years, with values jumping from around $546.41 in 2013 to approximately $2,410.49 in 2021. Key surges were observed between 2017 and 2019, suggesting a strong shift towards energy-efficient investments. This trend could be particularly appealing to investors and real estate agents as it indicates residents' growing interest in sustainable living, which might correlate with increased property values and lower utility costs. Insurance agents might also find these trends significant as energy-efficient homes can potentially lower risk profiles.
Average Real Estate Taxes Per Tax Return in Webb County, TX Over the Last 10 Years
Webb County, Texas has seen a notable upward trend in average real estate taxes per tax return over the past decade, with figures almost doubling from $4,586.41 in 2012 to $7,415.04 in 2021. The most significant increases occurred from 2017 to 2019, peaking at $7,767.09. This suggests a potential rise in property values or increased tax rates, making it crucial for prospective investors, homebuyers, and real estate professionals to factor in these escalating costs. Higher property taxes could also imply better funding for local services, which might appeal to those considering relocation.
Percentage of Farm Returns in Webb County, TX Over the Last 10 Years
Webb County, Texas, has seen a generally stable but modest percentage of farm returns over the last decade, averaging around 0.74%. Peaks were noted in 2019 at approximately 0.81%. Farm tax returns generally involve documenting income and expenses from agricultural activities, hinting at steady agricultural activity but not a booming sector. This consistency might appeal to those seeking reliable agricultural investments rather than volatile growth, and it could serve as a stable backdrop for potential property development in the region.
Number of Mortgages by Occupancy Type in Webb County, TX Over the Last 5 Years in Webb County
In Webb County, Texas, mortgage trends over the past five years reveal a fluctuating yet predominant focus on principal residence loans, peaking at 9,337 in 2021. Investment property mortgages display a steadier, albeit lower, volume with minor dips and peaks, while second residence mortgages remain comparatively negligible. These shifts in occupancy type can impact local housing markets, influencing everything from property values to rental availability. For investors, the relatively stable number of investment property loans suggests a consistent opportunity, while those planning to move might note the significant primary residence focus reflecting community growth and stability. This dynamic environment is relevant for appraisers, insurance agents, and real estate professionals who track market health and potential risk.
Economic Outlook
Webb County, Texas is showing interesting economic dynamics, making it a potentially strategic area for real estate investment. Average taxable income per tax return rose from $39,817.26 in 2013 to $48,630.50 in 2021, possibly signaling rising property values. State and local income taxes have fluctuated, emphasizing the need to closely monitor the financial landscape. Average total tax liabilities peaked at $7,569.66 in 2021, reflecting recent economic shifts. Notably, poverty rates have... Read more
Average Taxable Income per Tax Return in Webb County, TX over the last 9 years
Webb County, Texas has seen a generally upward trend in average taxable income per tax return over the past nine years, moving from $39,817.26 in 2013 to $48,630.50 in 2021. Noteworthy upticks are evident in years like 2017 and 2018, with an especially significant increase in 2021. Such growth patterns may signal economic improvement and potentially rising property values, making it an intriguing area for investors, developers, and real estate professionals. Additionally, insurance agents and appraisers might find these trends useful for adjusting their assessments and policies given the increased income levels, which could affect risk and asset valuations.
Average State and Local Income Taxes Per Tax Return in Webb County, TX Over the Last 10 Years
Average state and local income taxes per tax return in Webb County, Texas have fluctuated notably over the past decade, ranging from a low of $5,688.89 in 2020 to a high of $7,937.50 in 2018. Recent trends suggest variability rather than a consistent increase or decrease, indicating market and economic changes could impact tax burdens on residents. This information is essential for potential investors, real estate agents, and appraisers to understand the financial landscape, while those looking to move to the county will find the data helpful for budgeting purposes and assessing living costs.
Average Total Tax Liability Per Tax Return in Webb County, TX Over the Last 10 Years
In Webb County, Texas, the average total tax liability per tax return has shown some fluctuations over the past decade, mostly hovering between $6,300.00 and $7,600.00. The values peaked notably in 2021 with an average liability of around $7,569.66, which could be of interest to those evaluating recent economic shifts. Earlier in the decade, values generally remained stable with minor year-to-year variation, hitting a low around $6,321.58 in 2016. These trends might suggest variable economic conditions affecting tax liabilities, which can be crucial for potential investors, real estate agents, and insurance agents assessing financial climates and property values.
Cost of Living in Webb County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,276 | $1,271 | $2,141 | $1,286 | $870 |
1 adult 4 children | $1,276 | $1,038 | $1,639 | $1,286 | $953 |
2 adults 3 children | $1,276 | $1,038 | $1,857 | $1,286 | $699 |
1 adult 3 children | $1,276 | $848 | $1,355 | $1,286 | $723 |
2 adults 2 children | $995 | $850 | $1,573 | $1,119 | $604 |
1 adult 2 children | $995 | $635 | $1,071 | $1,119 | $545 |
2 adults 1 child | $995 | $672 | $1,289 | $575 | $588 |
1 adult 1 child | $995 | $434 | $786 | $575 | $486 |
2 adults | $796 | $540 | $1,004 | $0 | $513 |
1 adult | $791 | $294 | $502 | $0 | $463 |
Safety trends & Data
Webb County, Texas has seen fluctuating property crime trends over five years. Larceny-theft plummeted from 1,511 incidents in 2018 to 714 in 2022, while motor vehicle theft surged from 14 to 78 incidents. Burglary peaked in 2019 at 168 but dropped to 91 in 2022. Vandalism remains consistently high. These shifts could impact real estate investment decisions and insurance... Read more
Property Crime Trends in Webb County, TX Over the Last 5 Years
Webb County, Texas has seen a dynamic shift in property crime trends over the last five years. Larceny-theft has decreased significantly from 1,511 incidents in 2018 to 714 in 2022, while motor vehicle theft shows a concerning rise from 14 to 78 incidents in the same period. Burglary peaked in 2019 at 168 incidents but has since declined, stopping at 91 in 2022. Vandalism incidents remain relatively steady yet notably high. These trends hint at changing security dynamics, valuable for real estate agents, property developers, and potential homeowners assessing the area's investment viability and insurance risk.
Demographics
Webb County in Texas exhibits a nearly balanced adult population with slightly more males than females. When examining educational attainment, a large segment has completed high school or some college, although lower levels of tertiary education are observed, with fewer holding a graduate or professional degree. Age distribution data reveals a relatively young populace, particularly under 10 years and in the 25 to 34 years age brackets. The county's racial makeup is predominantly White, though... Read more
Race Distribution in Webb County, Texas (2022)
Educational Attainment in Webb County, Texas (2022)
Age Distribution in Webb County, Texas
Citizen Population in Webb County, Texas (2022)
Political Trends & Data
Webb County, Texas shows a strong Democratic lean, indicated by 61% of votes cast for the Democratic candidate in the 2020 U.S. Presidential Election, compared to just under 38% for the Republican candidate. Third-party candidates had negligible impact, capturing less than 1% of the vote. This political landscape could influence local and statewide dynamics in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Webb County, Texas, appears to lean heavily Democratic, with approximately 61% of votes cast for the Democratic candidate in the 2020 U.S. Presidential Election. Republican support lagged notably behind at just under 38%. Third-party candidates, including Libertarian and Green parties, garnered minimal traction, collectively accounting for less than 1% of the vote. This distribution might indicate a strong Democratic presence in the region, which can have broader implications for local and statewide elections in Texas.
37.86% of voters voted for the Republican party in the 2020 Presidential Election
61.14% of voters voted for the Democrat party in the 2020 Presidential Election
0.65% of voters voted for the Livertarian party in the 2020 Presidential Election
0.34% of voters voted for the Green party in the 2020 Presidential Election
School Data
Webb County, Texas has seen its student-to-teacher ratio drop from 17 students per teacher in 2014 to just under 14 in 2022, aligning more closely with the national average. Although 2023 showed an uptick to 15, the overall trend may appeal to families seeking more personalized educational experiences. This shift could indicate potential stability and make the area more attractive for homebuyers and investors, providing key insights for appraisers, real estate agents, and... Read more
Student-to-teacher ratio in Webb County, Texas over the last 10 years
Webb County, Texas has seen a significant decrease in its student-to-teacher ratio over the past decade, dropping from 17 students per teacher in 2014 to just under 14 in 2022. Though 2023 saw an uptick to 15, the overall trend aligns the county more closely with the national average of 14. This decline could be appealing for those considering moving to the area or investing in property, as smaller class sizes often indicate a more personalized educational experience. Appraisers and real estate agents might note this data as a sign of potential stability and attractiveness for families. For insurance agents and developers, understanding these shifts can provide insight into community growth and infrastructure needs.