Trend of monthly owner costs in Somervell County, Texas

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed Median selected monthly owner costs as a percentage of household income from 2009-2015. The Median selected monthly owner costs as a percentage of household income is impacted due to visible and hidden factors such as Property taxes, insurance, lawn maintenance & cleaning, the furnace and air-conditioning, phone, internet, safety, pest control and other.

The key elements are

  1. Housing units with a mortgage
  2. Housing units without a mortgage

The importance are:

Property Insurance, Property Taxes, Tax Benefits, Appreciation/Inflation, Interest/Opportunity Cost.

Our key findings

CountySomervell County
(Monthly owners cost) Housing units with a mortgage 20151,239
(Monthly owners cost) Housing units with a mortgage 20091,218
(Monthly owners cost) Housing units with a mortgage % change1.7
(Monthly owners cost) Housing units with a mortgage change rank compared to US2,150
(Monthly owners cost) Housing units with a mortgage change rank compared to Texas210
(Monthly owners cost) Housing units without a mortgage 2015397
(Monthly owners cost) Housing units without a mortgage 2009428
(Monthly owners cost) Housing units without a mortgage % change-7.2
(Monthly owners cost) Housing units without a mortgage change rank compared to US3,064
(Monthly owners cost) Housing units without a mortgage change rank compared to Texas243