Williamson County Real Estate and Livability Trends
Williamson County, Texas has witnessed substantial growth in average taxable income, rising from $68,658.62 in 2013 to $108,026.40 in 2021, suggesting expanding economic opportunities and making the area attractive for investors. Housing prices nearly doubled from $196,500 in 2015 to $370,100 in 2022, outpacing state and national averages, signaling high investment returns and increased demand... Read more
Williamson County Market Trends
Housing prices in Williamson County, Texas have nearly doubled from $196,500 in 2015 to $370,100 in 2022, significantly outpacing both state and national averages. This rapid increase hints at high investment returns and growing demand driven by regional development or demographic shifts. The variability in residential energy tax credits, reaching a peak of $4,387.65 in 2018, suggests a strong... Read more
Median Value of Occupied Housing Units in Williamson County, Texas Over the Last 8 Years
Housing prices in Williamson County, Texas have been making remarkable upward strides over the past eight years, jumping from $196,500 in 2015 to $370,100 in 2022. When looked at alongside the statewide median, which increased from $136,000 to $238,000 in the same period, and the national median of $125,500 to $179,400, Williamson County clearly stands out with a more robust growth. Such dramatic increases could point to higher investment returns, which may attract those looking to capitalize on real estate. Additionally, it might indicate accelerating demand, influenced by regional development or demographic changes, which would be useful for prospective buyers or builders to consider.
Residential Energy Tax Credit Per Tax Return in Williamson County, TX Over the Last 9 Years
Over the past nine years in Williamson County, Texas, the average residential energy tax credit per tax return has shown significant variability, with a notable increase from $466.52 in 2013 to a peak of $4,387.65 in 2018. Although there are fluctuations, the general trend suggests a heightened focus on energy-efficient home improvements, making the area potentially more attractive for eco-conscious homebuyers and investors. This trend could indicate growing opportunities in the local green energy market, which may be of interest to real estate agents and property developers focusing on sustainable living.
Average Real Estate Taxes Per Tax Return in Williamson County, TX Over the Last 10 Years
Williamson County, Texas has experienced a steady rise in average real estate taxes per tax return over the past decade. In 2012, the average real estate tax per return was approximately $5,218.50, which has climbed significantly to $9,084.40 by 2021. This trend likely indicates increasing property values and could imply higher operating costs for homeowners and potential investors. Real estate professionals, appraisers, and insurance agents should consider these rising taxes when assessing properties in the area.
Percentage of Farm Returns in Williamson County, TX Over the Last 10 Years
Farm tax returns, which represent income tax filings from agricultural activities, have shown a gradual decline in Williamson County, Texas, over the past decade. Starting at around 1.48% in 2012, this percentage has decreased steadily, reaching approximately 0.96% by 2021. This trend might indicate a reduction in the number of small and medium farms, possibly due to urban development pressures, shifts in the agricultural industry, or economic constraints faced by local farmers. For investors, potential residents, and developers, this suggests a changing economic landscape in Williamson County, with possible opportunities or challenges in agricultural and rural property investments.
Number of Mortgages by Occupancy Type in Williamson County, TX Over the Last 5 Years in Williamson County
Investment in Williamson County, Texas has seen notable shifts over the past five years. Principal residence mortgages saw a peak in 2020 with over 69,000, but dropped to around 46,000 by 2022. Investment property mortgages peaked in 2021 at 9,369 and then dipped below 5,000 in 2022. Second residence mortgages show smaller but consistent figures, peaking in 2021. These changes in occupancy types signal varying market conditions and investor sentiment, making it critical for stakeholders to keep an eye on these trends. For example, investors might find opportunity or risk based on the rise or fall in investment property mortgages, while insurance agents can tailor policies due to fluctuating residential use. Meanwhile, real estate professionals and appraisers should adjust their strategies and valuations according to these evolving dynamics in the housing market.
Economic Outlook
Williamson County, Texas has seen a substantial rise in average taxable income per tax return, jumping from $68,658.62 in 2013 to $108,026.40 in 2021. This impressive income growth hints at expanding economic opportunities, making the region appealing for investors. Coupled with a rise in state and local income taxes from roughly $6,287.38 in 2012 to about $15,589.21 in 2021, there seems to be a correlation with higher incomes and potentially shifting tax policies. The average total tax... Read more
Average Taxable Income per Tax Return in Williamson County, TX over the last 9 years
Over the last nine years, the average taxable income per tax return in Williamson County, Texas has shown a consistent upward trajectory, from $68,658.62 in 2013 to $108,026.40 in 2021. This near-doubling of average taxable income suggests significant economic growth and increased earning potential in the region, which could appeal to potential investors and those looking to move to the area. Real estate professionals, appraisers, and insurance agents may find this trend indicative of a robust market for higher-value properties and potential for ongoing development opportunities.
Average State and Local Income Taxes Per Tax Return in Williamson County, TX Over the Last 10 Years
Williamson County, Texas has experienced a noticeable increase in average state and local income taxes per tax return over the last decade, with figures rising from approximately $6,287.38 in 2012 to around $15,589.21 in 2021. This upward trend could reflect changes in income levels, tax policies, or economic conditions, and might be crucial for potential investors, homebuyers, appraisers, and insurance agents when evaluating the area's financial landscape. Real estate agents and developers may also find this information valuable for understanding the economic factors that influence the local market dynamics.
Average Total Tax Liability Per Tax Return in Williamson County, TX Over the Last 10 Years
Over the past decade, Williamson County, Texas has seen a notable upward trend in average total tax liability per tax return. Starting at $10,833.68 in 2012, the tax liability increased steadily, peaking significantly at $19,131.84 by 2021. This rise could reflect increased incomes or property values, making the area potentially advantageous for investors and real estate agents aiming to target wealthier demographics. Insurance agents and appraisers may also find this trend crucial for evaluating risk and setting premiums. However, this could indicate higher living costs, which might be a consideration for potential homebuyers or those looking to relocate.
Cost of Living in Williamson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,140 | $1,464 | $1,757 | $1,764 | $1,416 |
| 1 adult 4 children | $2,140 | $1,195 | $1,342 | $1,764 | $1,591 |
| 2 adults 3 children | $2,140 | $1,196 | $1,525 | $1,764 | $1,200 |
| 1 adult 3 children | $2,140 | $976 | $1,110 | $1,764 | $1,382 |
| 2 adults 2 children | $1,667 | $979 | $1,293 | $1,535 | $956 |
| 1 adult 2 children | $1,667 | $731 | $878 | $1,535 | $1,004 |
| 2 adults 1 child | $1,667 | $774 | $1,061 | $789 | $841 |
| 1 adult 1 child | $1,667 | $500 | $646 | $789 | $787 |
| 2 adults | $1,421 | $622 | $829 | $0 | $705 |
| 1 adult | $1,284 | $339 | $415 | $0 | $608 |
Safety trends & Data
Williamson County, Texas, has experienced fluctuating property crime rates over the last five years. Larceny-theft peaked at 715 incidents in 2018 but dropped to 391 by 2021, hinting at possible improvements in security or changes in reporting. Embezzlement incidents remain negligible, offering some reassurance to investors concerned about financial fraud. However, fraud-related crimes rose to 116 in 2022 from 65 in 2020, signaling a potential area of caution for businesses. While some... Read more
Property Crime Trends in Williamson County, TX Over the Last 5 Years
Williamson County, Texas, has seen notable fluctuations in property crime over the last five years. Larceny-theft stands out with a peak of 715 incidents in 2018, down to 391 in 2021, suggesting a possible improvement in security or reporting practices. Embezzlement incidents remain very low, indicating minimal concern for investors in financial fraud within the county. Interestingly, fraud-related crimes spiked to 116 in 2022 from a lower 65 in 2020, which could be an area of caution for businesses. Overall, while some crimes like burglary and arson show relative consistency, marked decreases in larceny and intersectional variances in fraud suggest changing dynamics worthy of close monitoring.
Demographics
Williamson County, Texas, shows a slightly higher female adult population compared to males. The educational attainment reveals that a substantial number of residents have completed some college or hold a bachelor's degree, indicative of potentially strong local educational resources. Age-wise, the population is diverse but leans towards a younger demographic, with significant representation in the 25 to 44 years age bracket. Racial distribution is predominantly White, though there is a notable... Read more
Race Distribution in Williamson County, Texas (2022)
Educational Attainment in Williamson County, Texas (2022)
Age Distribution in Williamson County, Texas
Citizen Population in Williamson County, Texas (2022)
Political Trends & Data
Williamson County, Texas, saw a tight race in the 2020 U.S. Presidential Election, with Democrats narrowly surpassing Republicans by less than two percentage points. Minor support for Libertarian and Green parties, together accounting for under two percent of the vote, may hint at shifting political dynamics or demographic changes in this traditionally Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Williamson County, Texas, displayed a close contest between Democratic and Republican candidates in the 2020 U.S. Presidential Election, with Democrats slightly edging out Republicans by less than two percentage points. The Libertarian and Green parties garnered minimal support, together accumulating just under two percent of the vote. This tight margin in a traditionally Republican state could suggest shifting political dynamics or demographic changes influencing voter preferences.
48.26% of voters voted for the Republican party in the 2020 Presidential Election
49.66% of voters voted for the Democrat party in the 2020 Presidential Election
1.73% 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
0.08% of voters voted for the Other party in the 2020 Presidential Election
School Data
Williamson County, Texas has seen a gradual decline in its student-to-teacher ratio over the past decade, dipping from 15 students per teacher in 2014 to just under 14 in recent years. This potentially enhanced educational quality could appeal to families prioritizing schooling. Real estate agents might leverage this trend to attract family-oriented buyers, while appraisers and insurance agents could consider its impact on property values and insurance rates. Builders and investors may find the... Read more
Student-to-teacher ratio in Williamson County, Texas over the last 10 years
Williamson County, Texas has seen a gradual decline in its student-to-teacher ratio over the past decade, dipping from 15 students per teacher in 2014 to just under 14 in recent years. This trend generally places the county's ratios slightly lower than the national average of 14 students per teacher. For those considering investment or relocation, this could imply potentially more personalized attention in classrooms, which may appeal to families prioritizing quality education. Real estate agents might find this trend useful in appealing to families, while appraisers and insurance agents might consider the possible impact on property values and insurance rates. Builders and investors could be swayed by the prospect of constructing homes in an area where education standards are subtly a notch above, enhancing community appeal.
