Nebraska Real Estate and Livability Trends

Nebraska's median home values have climbed consistently over the past eight years, hitting $205,600 in 2022, outpacing the national median of $179,400. This upward trend might indicate a strong housing market with potentially higher returns for investors. Residential energy tax credits per return in the state spiked significantly in 2018 to $2,360.16, reflecting possible generous incentives or... increased household investments in energy efficiency. This could be promising for those interested in green technologies and energy-efficient properties. Real estate taxes have also surged over the last decade, increasing from approximately $3,813.30 per return in 2012 to about $6,835.30 by 2021, which might affect investment decisions. Additionally, farm tax returns in Nebraska have gradually declined from 5.22% in 2012 to 4.50% in 2021, hinting at shifts in the state's agricultural dynamics and potential challenges for small and midsize farms. Read more

Over the last nine years, Nebraska has generally seen a steady increase in average taxable income per tax return, rising from about $58,841.61 in 2013 to around $84,929.43 in 2021. This suggests a potentially strengthening local economy, appealing to investors and real estate professionals. Alongside this, state and local income taxes have also climbed, hitting $9,211.70 on average by 2021. Such financial trends are key for evaluating economic stability and potential property values.... Additionally, the average total tax liability per tax return grew from $9,951.54 in 2013 to $14,426.51 in 2021, indicating a rising tax burden that could affect living expenses and investment decisions. Read more

Nebraska's property crimes have fluctuated over the last five years, with notable declines across various categories. Fraud cases peaked at 7,722.00 in 2018 before falling dramatically to 3,025.00 in 2022. Motor vehicle thefts hit a low of 14.00 cases in 2022, while vandalism incidents dropped from 2,254.00 in 2018 to 1,365.00. The state also saw significant decreases in forgery/counterfeiting and a general downtrend in arson, burglary, and larceny-theft. Embezzlement incidents varied but hit... their lowest at 143.00 in 2021. These trends are crucial for investors, real estate agents, and insurance professionals assessing the current safety landscape in Nebraska. Read more

Nebraska's adult population shows a slight female majority, with 706,401 women compared to 698,995 men. A substantial portion of the population holds at least a high school diploma or higher educational qualifications. Age distribution is relatively balanced across various cohorts, but those under 10 years and individuals aged 25 to 34 years make up more significant chunks of the state's demographic. Racial composition is predominantly White, with White residents accounting for at least 1.6... million, while the Black or African American community and other racial minorities collectively make up less than a quarter. Read more

In Nebraska, the 2020 U.S. Presidential Election data implies a strong Republican presence with about 58.5% of the vote, while Democrats garnered around 39.4%. The Libertarian party captured just over 2%, indicating minimal influence from third parties and a political landscape that seems largely dominated by the two major... parties. Read more

The student-to-teacher ratio in Nebraska has hovered around 11-12 students per teacher over the past decade, which is notably lower than the national average of 14. This favorable ratio could be a selling point for real estate agents and a positive indicator for appraisors and insurance agents assessing property values. Investors and property developers might also see it as a sign of a strong school system, enhancing community appeal. This trend suggests that Nebraska offers more individualized... attention for students, potentially making it a draw for families prioritizing education. Read more