Winkler County Real Estate and Livability Trends
Winkler County, Texas, has seen a striking rise in median home values from $45,200 in 2015 to $109,100 in 2022, outpacing both Texas and national trends. Energy tax credits in the area have surged from $450.00 in 2013 to $4,820.00 in 2021, suggesting a robust investment in energy-efficient homes. Real estate taxes have doubled from $1,756.00 in 2012 to $3,425.00 in 2021, which might impact home... Read more
Winkler County Market Trends
Winkler County, Texas has seen its median home values leap from $45,200 in 2015 to $109,100 in 2022, significantly outpacing Texas and national averages. The local market's energy tax credits have soared from $450.00 in 2013 to $4,820.00 in 2021, potentially indicating a strong investment in energy-efficient homes. Real estate taxes in the county have surged, doubling from $1,756.00 in 2012 to... Read more
Median Value of Occupied Housing Units in Winkler County, Texas Over the Last 8 Years
Winkler County, Texas has experienced a striking rise in median home values over the past eight years, surging from $45,200 in 2015 to $109,100 in 2022. This is a much steeper increase compared to both Texas and national averages, where median home values rose to $238,000 and $179,400, respectively, in 2022. While Winkler County's figures are notably lower than the state and national levels, the rapid appreciation could imply a strong growth potential for investors and new residents.
Residential Energy Tax Credit Per Tax Return in Winkler County, TX Over the Last 9 Years
Over the last nine years, Winkler County, Texas has experienced a noteworthy increase in the average residential energy tax credit per tax return. In 2013, the average stood at $450.00, but by 2021 it had surged to $4,820.00. This upward trend, particularly sharp from 2018 onwards, might suggest a growing local investment in energy-efficient home improvements and renewable energy installations. For investors or property developers, this pattern could indicate a strong community focus on sustainable living, potentially enhancing property value. Real estate agents and insurance providers might also see this as a signal to market properties with advanced energy systems more favorably, given the apparent consumer and civic commitment to energy efficiency.
Average Real Estate Taxes Per Tax Return in Winkler County, TX Over the Last 10 Years
Over the past decade, Winkler County, Texas saw a notable increase in average real estate taxes per tax return, starting at approximately $1,756.00 in 2012 and rising to around $3,425.00 by 2021. The biggest jump occurred between 2017 and 2019, with taxes surging from roughly $2,387.00 to $3,760.00. Such escalations in real estate taxes could potentially impact property valuations and home affordability, making it something worth considering for prospective buyers, investors, and residents.
Percentage of Farm Returns in Winkler County, TX Over the Last 10 Years
Farm tax returns in Winkler County, Texas appear to hover around 1.5% to 2% over the past decade, with slight fluctuations year to year. Notable dips occurred in 2017 and 2020, dropping closer to 1.5%, while peaks in 2014 and 2021 saw a rise to just over 2%. For those considering investment, building property, or relocation, these figures suggest a relatively stable yet minor agricultural tax activity, reflecting the county's rural economic landscape.
Number of Mortgages by Occupancy Type in Winkler County, TX Over the Last 5 Years in Winkler County
Over the past five years in Winkler County, Texas, the number of mortgages has shown notable trends across different occupancy types. Principal residences have consistently dominated the mortgage counts, peaking at 220 in 2019, highlighting stable demand for primary housing. Investment properties and second residences have had modest but fluctuating numbers, with investment properties peaking at 14 in 2022 and second residences rarely exceeding 5 mortgages annually. These changes in occupancy types suggest shifting priorities among borrowers, which is essential for investors and real estate agents, as a higher count in a specific category could indicate emerging opportunities or risks. Insurance agents and appraisers might view these trends as indicators of changing community landscapes, while potential movers could infer market stability or volatility. Understanding these shifts aids in making informed decisions in property investment and development.
Economic Outlook
Winkler County, Texas has showcased intriguing economic trends over the last decade, with average taxable income peaking in 2019 at $77,449.71 and showing resilience with a partial rebound to $63,586.54 in 2021 after a dip in 2020. Average state and local income taxes have fluctuated, starting at $3,125.00 in 2012, dropping to $2,050.00 in 2013, and then settling around $2,700.00 by 2016. Total tax liability experienced wild swings, spiking at $13,968.27 in 2017 but stabilizing around $9,043.97... Read more
Average Taxable Income per Tax Return in Winkler County, TX over the last 9 years
Winkler County, Texas has experienced fluctuating average taxable income per tax return over the last nine years, with notable growth peaking in 2019 at $77,449.71. The spike in income between 2017 and 2019 suggests a favorable economic period, possibly indicative of local industry booms or significant employment opportunities. Despite a dip in 2020 to $60,021.38, the 2021 figure of $63,586.54 demonstrates a partial rebound. These trends are worth examining for potential investors or real estate agents considering the economic vibrancy and resilience of the region.
Average State and Local Income Taxes Per Tax Return in Winkler County, TX Over the Last 6 Years
Over the past six years, average state and local income taxes per tax return in Winkler County, Texas have shown some significant fluctuations, starting at $3,125.00 in 2012 and dropping to $2,050.00 in 2013. Though there was a gradual increase to $2,575.00 in 2015 and $2,700.00 in 2016, by 2017 the amount slightly decreased to $2,550.00. This variation in tax amounts could be a reflection of changing economic conditions, local policies, or shifts in the population's income levels. For potential investors or residents, understanding these trends can be crucial for financial planning and assessing the overall economic environment in the area.
Average Total Tax Liability Per Tax Return in Winkler County, TX Over the Last 10 Years
Winkler County, Texas has experienced some notable fluctuations in average total tax liability per tax return over the past decade. Peaking in 2017 at approximately $13,968.27, the tax liability significantly dropped in 2016 to about $8,509.82. Recent years (2020-2021) show stabilizing averages around $8,772.81 to $9,043.97. These variations could reflect economic shifts, changes in income levels, or local policy adjustments, making an understanding of these trends crucial for potential investors, real estate agents, and other stakeholders.
Cost of Living in Winkler County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,226 | $1,291 | $1,762 | $1,310 | $801 |
| 1 adult 4 children | $1,226 | $1,054 | $1,347 | $1,310 | $896 |
| 2 adults 3 children | $1,226 | $1,055 | $1,529 | $1,310 | $643 |
| 1 adult 3 children | $1,226 | $861 | $1,114 | $1,310 | $702 |
| 2 adults 2 children | $912 | $863 | $1,296 | $1,145 | $571 |
| 1 adult 2 children | $912 | $645 | $881 | $1,145 | $508 |
| 2 adults 1 child | $912 | $682 | $1,063 | $608 | $550 |
| 1 adult 1 child | $912 | $441 | $648 | $608 | $463 |
| 2 adults | $726 | $548 | $830 | $0 | $481 |
| 1 adult | $688 | $299 | $415 | $0 | $430 |
Safety trends & Data
Winkler County, Texas, has shown fluctuating property crime rates over the past five years, with a notable decline in burglary incidents from 13 in 2018 to just 2 by 2022. Larceny-theft also fell from 8 cases in 2018 to 1 in 2021, hinting at potential improvements in local law enforcement or crime deterrents. Arson and motor vehicle theft remain sporadic, while fraud and forgery rates vary. These trends might suggest a generally positive trajectory in property safety, though occasional concerns... Read more
Property Crime Trends in Winkler County, TX Over the Last 5 Years
Winkler County, Texas, has seen fluctuating property crime rates over the last five years, with certain categories like burglary peaking at 13 incidents in 2018 but declining significantly to 2 by 2022. The data shows sporadic incidents of arson, minimal cases of motor vehicle theft, and varying rates of fraud and forgery. Larceny-theft fell notably from 8 cases in 2018 to just 1 in 2021, reflecting potential shifts in local enforcement or crime deterrents. For those contemplating investment or relocation, these trends might indicate a positive trajectory in property safety, albeit with occasional concerns.
Demographics
Winkler County, Texas exhibits some noteworthy demographic patterns. The adult population appears almost evenly divided by gender, with a slight male majority. When it comes to educational attainment, most adults seem to have at least completed high school, though a sizable portion hasn't pursued education beyond that. The age distribution hints at a young demographic, with significant numbers of children and teenagers, but still a notable representation of older adults. The racial diversity... Read more
Race Distribution in Winkler County, Texas (2022)
Educational Attainment in Winkler County, Texas (2022)
Age Distribution in Winkler County, Texas
Citizen Population in Winkler County, Texas (2022)
Political Trends & Data
Winkler County, Texas, displays a strong Republican preference, with around 82% of the vote in the 2020 U.S. Presidential Election potentially going to the GOP. The Democrats seemingly garnered just about 17%, with third-party candidates labeled as having minimal impact. This trend highlights a solid Republican stronghold, although voter preferences could always... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Winkler County, Texas, seemed to lean heavily Republican during the 2020 U.S. Presidential Election, with upward of 82% of the vote possibly going to the GOP. The Democrats might have only gathered around 17% support, while third-party options like the Libertarians and Greens likely saw minimal traction. These figures suggest a strong Republican stronghold, although changes in voter preferences could always be on the horizon.
82.46% of voters voted for the Republican party in the 2020 Presidential Election
16.84% of voters voted for the Democrat party in the 2020 Presidential Election
0.66% of voters voted for the Livertarian party in the 2020 Presidential Election
0.05% of voters voted for the Green party in the 2020 Presidential Election
School Data
Winkler County, Texas has seen its student-to-teacher ratio fluctuate notably over the past decade, swinging from roughly twelve to almost sixteen. Notably, the ratio dipped to about twelve students per teacher in 2021 and 2022, diverging from the national average of fourteen. These changes could influence local real estate decisions, as lower ratios might appeal to families and investors valuing quality education. Real estate agents and appraisers might find these trends significant as... Read more
Student-to-teacher ratio in Winkler County, Texas over the last 10 years
Over the last decade, Winkler County, Texas has experienced notable fluctuations in its student-to-teacher ratio, ranging from a low of approximately twelve to a high of nearly sixteen. Particularly striking was the dip to about twelve students per teacher in 2021 and 2022, contrasting sharply with the national average of fourteen. These changes in the student-to-teacher ratio could influence several aspects of the local education landscape, impacting decisions for investing in property or relocating to the area. Lower ratios often suggest more personalized attention for students, which might appeal to families and investors prioritizing quality education. Real estate agents and appraisers also might find these trends important as they can reflect the community's commitment to education and overall living standards. Similarly, insurance agents could consider these trends when assessing risk and the attractiveness of the area for prospective clients.
