Wilson County Real Estate and Livability Trends
Wilson County, Texas has seen notable economic and real estate trends over the past decade. Average taxable income has risen from about $63,303.92 in 2013 to $80,620.78 in 2021, suggesting economic growth and potentially increasing property values. Median home values skyrocketed from $159,700 in 2015 to $266,600 in 2022, outpacing broader trends and indicating the area’s attractiveness for... Read more
Wilson County Market Trends
Wilson County, Texas has experienced a robust increase in median home values, climbing from $159,700 in 2015 to $266,600 in 2022, outpacing both state and national trends. This could make the area attractive for immediate purchases and long-term investments. The county has also seen fluctuations in residential energy tax credits, peaking at $3,750.00 in 2018, indicating potential growth in... Read more
Median Value of Occupied Housing Units in Wilson County, Texas Over the Last 8 Years
Over the past eight years, median home values in Wilson County, Texas have seen consistent growth, surging from $159,700 in 2015 to $266,600 in 2022. This local trend outpaces both the state of Texas, which saw an increase from $136,000 to $238,000, and the national median, which rose from $125,500 to $179,400 during the same period. For investors and homebuyers, this indicates a robust and accelerating property market in Wilson County, reflecting its potential as a lucrative area for both immediate purchases and long-term investments.
Residential Energy Tax Credit Per Tax Return in Wilson County, TX Over the Last 9 Years
Wilson County, Texas has seen considerable fluctuations in residential energy tax credits per tax return over the past nine years, starting at a modest $418.18 in 2013 and peaking at an impressive $3,750.00 in 2018. This volatility in tax credits could indicate varying levels of investment in energy-efficient home improvements and the influence of policy changes. Notably, there was a significant jump between 2014 and 2015, followed by another sharp increase in 2017 and 2018. These trends might suggest increased homeowner participation in energy-saving measures or changes in credit eligibility. This data can serve as a strategic insight for investors and real estate agents, signaling a potentially growing market for energy-efficient homes in the county.
Average Real Estate Taxes Per Tax Return in Wilson County, TX Over the Last 10 Years
Over the past decade, real estate taxes in Wilson County, Texas have shown a notable upward trend, increasing from an average of $4,295.23 per tax return in 2012 to $7,110.74 in 2021. This gradual rise could indicate a growing property market and potentially rising property values, which may interest investors and real estate agents assessing market conditions. For those considering moving to or investing in Wilson County, the continuous increase in real estate taxes is an important factor to consider, as it impacts overall cost of living and investment returns. Appraisers and insurance agents might also find these trends useful for risk assessment and property valuation.
Percentage of Farm Returns in Wilson County, TX Over the Last 10 Years
Wilson County, Texas has seen a slight but consistent decline in the percentage of farm returns over the last decade, dipping from approximately 10.51% in 2012 to 8.74% in 2021. Farm tax returns reflect the amount of agricultural activity and profitability within the region, serving as a key indicator of rural economic health and land use trends. This declining trend may imply shifting economic priorities or challenges within the local agricultural sector, potentially impacting investment opportunities, property development, and overall community dynamics.
Number of Mortgages by Occupancy Type in Wilson County, TX Over the Last 5 Years in Wilson County
The data indicates that the majority of mortgages in Wilson County, Texas over the past five years have been for principal residences, with numbers steadily climbing from 2,371 in 2018 to a peak of 4,296 in 2021. Investment property mortgages have remained relatively stable, while second residence mortgages show minimal fluctuations. For investors, this trend suggests increasing buyer confidence in single-family homes, potentially driving up property values. Appraisers and insurance agents might view the rise in principal residence mortgages as a sign of a growing, stable community, whereas builders and real estate agents could use this data to predict demand and tailor their services accordingly. Changes in occupancy type can signal shifts in demographic trends, influencing everything from local economic growth to school district funding.
Economic Outlook
Wilson County, Texas has noted an increase in average taxable income over the past nine years, from approximately $63,303.92 in 2013 to $80,620.78 in 2021, signaling potential economic growth and possibly rising property values. State and local income taxes have also fluctuated, peaking sharply at $6,714.29 in 2021 after dipping to around $4,094.12 in 2016, which might reflect changing economic conditions or tax policies. Average total tax liability per tax return saw a jump from $9,746.72 in... Read more
Average Taxable Income per Tax Return in Wilson County, TX over the last 9 years
Wilson County, Texas has seen a noteworthy increase in average taxable income over the past nine years. Starting at approximately $63,303.92 in 2013, the average rose with some fluctuations but demonstrated clear upward movement, notably hitting $80,620.78 in 2021. This trend might be appealing for real estate agents and potential investors, signaling possible economic growth and increasing property values in the area. It's likely of interest to appraisers and insurance agents too, as rising incomes can indicate shifts in market dynamics and risk assessment.
Average State and Local Income Taxes Per Tax Return in Wilson County, TX Over the Last 10 Years
Wilson County, Texas has seen fluctuating state and local income taxes per tax return over the past decade, peaking sharply at $6,714.29 in 2021. After a dip to around $4,094.12 in 2016, the taxes spiked in recent years, particularly post-2020. This trend may interest potential homeowners or investors evaluating long-term financial implications or insurance agents assessing risk in the area. The substantial increase in 2021 could reflect changing economic conditions or tax policies, making it a critical point of analysis for real estate agents and appraisers considering market dynamics.
Average Total Tax Liability Per Tax Return in Wilson County, TX Over the Last 10 Years
Wilson County, Texas has seen fluctuations in average total tax liability per tax return over the last decade, ranging from a low of $9,746.72 in 2012 to a high of $12,827.10 in 2021. These changes highlight the evolving economic landscape and can inform potential investors or homebuyers about the tax trends they might face. The highest jump occurred between 2020 and 2021, suggesting a recent spike that could affect future financial planning for those looking to invest or settle here. Real estate agents and appraisers should also take note of these numbers, as they can directly impact property assessments and marketability.
Cost of Living in Wilson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,389 | $1,243 | $1,971 | $1,657 | $1,052 |
| 1 adult 4 children | $1,389 | $1,015 | $1,507 | $1,657 | $1,206 |
| 2 adults 3 children | $1,389 | $1,015 | $1,710 | $1,657 | $879 |
| 1 adult 3 children | $1,389 | $829 | $1,246 | $1,657 | $999 |
| 2 adults 2 children | $1,092 | $831 | $1,449 | $1,441 | $745 |
| 1 adult 2 children | $1,092 | $621 | $985 | $1,441 | $748 |
| 2 adults 1 child | $1,092 | $657 | $1,188 | $739 | $695 |
| 1 adult 1 child | $1,092 | $424 | $724 | $739 | $583 |
| 2 adults | $900 | $528 | $927 | $0 | $571 |
| 1 adult | $782 | $288 | $463 | $0 | $484 |
Safety trends & Data
In Wilson County, Texas, property crime trends have shown some interesting changes over the past five years. Burglary rates have generally decreased from 12 in 2018 to 9 in 2022, and larceny-theft saw a significant drop from 28 in 2018 to just 6 in 2021, before rising again to 18 in 2022. However, motor vehicle thefts peaked at 13 in 2020, and instances of fraud spiked to 13 cases in 2022 after years of none. These shifting crime rates could impact insurance rates and property values, making... Read more
Property Crime Trends in Wilson County, TX Over the Last 5 Years
Over the past five years in Wilson County, Texas, there's been notable fluctuation in property crimes. Burglary rates have generally decreased from 12 in 2018 to 9 in 2022, while motor vehicle thefts peaked at 13 in 2020. Larceny-theft saw a significant drop from 28 in 2018 to just 6 in 2021, but then increased again to 18 in 2022. Instances of fraud spiked alarmingly in 2022 with 13 cases compared to none in the earlier years. For potential investors, property developers, and residents, it's clear that while some property crime categories are declining, others remain volatile, which could affect both insurance rates and property values.
Demographics
Wilson County, Texas, seems to have a balanced gender distribution among adults and a mature population, with significant portions in the 35-44 and 45-64 age brackets. Educationally, many residents likely completed high school with a respectable number achieving bachelor's degrees or higher. Racially, the county is predominantly White, though there might be a diverse array of other minorities. This suggests varied life experiences and potential opportunities for targeted community programs or... Read more
Race Distribution in Wilson County, Texas (2022)
Educational Attainment in Wilson County, Texas (2022)
Age Distribution in Wilson County, Texas
Citizen Population in Wilson County, Texas (2022)
Political Trends & Data
Wilson County, Texas, real estate trends may correlate with its political leanings, where around 75% of voters favored the Republican party in the 2020 Presidential Election. This conservative tilt could shape the local housing market, potentially making it more attractive to similarly-minded buyers. Given the negligible presence of third-party votes, the market likely caters to a traditional, two-party dynamic, which may reflect in the types of properties and community amenities in demand.... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Wilson County, Texas, saw a significant tilt towards the Republican party in the 2020 U.S. Presidential Election, possibly reflecting broader state-wide conservative leanings. With close to three-quarters of the votes, Republicans were far ahead of Democrats, who managed about a quarter of the vote share. Representation from Libertarian, Green, and other parties was potentially negligible, indicating a strong two-party preference among voters.
73.81% of voters voted for the Republican party in the 2020 Presidential Election
25.39% of voters voted for the Democrat party in the 2020 Presidential Election
0.60% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
0.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Wilson County, Texas, has seen its student-to-teacher ratio fluctuate slightly between just under 14 to nearly 15 students per teacher over the past decade. These changes could influence classroom dynamics and thus interest individuals looking to move or invest in local schools. Real estate agents, appraisers, and insurance agents might find these trends significant as they could signal the quality of education and affect the area's desirability for homebuyers or... Read more
Student-to-teacher ratio in Wilson County, Texas over the last 10 years
Over the past decade, Wilson County, Texas, has experienced some variability in its student-to-teacher ratios, fluctuating between just under 14 to nearly 15 students per teacher. While these numbers remain close to the national average, slight increases or decreases in the ratio could impact classroom dynamics, making it a point of interest for individuals looking to move to the area or invest in local schools. Real estate agents, appraisers, and insurance agents might find these trends particularly relevant, as they can be indicative of the quality of education and, indirectly, the desirability of the location for potential homebuyers or renters.
