Arthur County Real Estate and Livability Trends
Arthur County, Nebraska, has shown a significant rise in median home values, jumping from $100,000 in 2015 to $164,300 in 2022, outperforming state and national trends and hinting at strong market performance. Mortgage activity for principal residences has seen a drop from four in 2020-2021 to just one in 2022, potentially reflecting shifts in buyer confidence. Economic indicators like variable... Read more
Arthur County Market Trends
Arthur County, Nebraska has experienced a notable rise in median home values from $100,000 in 2015 to $164,300 in 2022, outpacing the broader state and national averages. This robust increase might indicate stronger market performance, offering potentially higher returns for investors or appealing buying opportunities for homeowners. The stability in farm tax returns, consistently between 40% to... Read more
Median Value of Occupied Housing Units in Arthur County, Nebraska Over the Last 8 Years
Arthur County, Nebraska has seen a significant jump in median home values over the last 8 years, with an increase from $100,000 in 2015 to $164,300 in 2022. This growth is particularly robust when compared to Nebraska's state median, which rose from $133,200 to $205,600 during the same period, and the national median that went from $125,500 to $179,400. Investors or potential homeowners might find Arthur County's real estate market appealing due to its sharper value increases, suggesting potentially higher returns or stronger market performance relative to broader benchmarks.
Percentage of Farm Returns in Arthur County, NE Over the Last 10 Years
Arthur County, Nebraska has seen a generally steady trend in the percentage of farm tax returns over the last decade, typically hovering around the 40% to 44% mark. The highest percentage was in 2019 at 44.44%, while the lowest was in 2013 at 38.10%. Farm tax returns, which are tax documents filed by farm owners detailing income and expenses related to farming, provide an indicator of agricultural activity and economic health in the county. For those considering investing in or moving to Arthur County, this consistency in farm returns might suggest a stable agricultural sector, though potential investors should also be cautious given the variability within the 10-year period.
Number of Mortgages by Occupancy Type in Arthur County, NE Over the Last 4 Years in Arthur County
Arthur County, Nebraska, shows fluctuations in mortgage counts for different occupancy types over the past four years. For principal residences, there was a notable decline from four mortgages in 2020 and 2021 to just one in 2022. This shift might indicate changes in buyer confidence or economic conditions affecting primary home purchases. Meanwhile, second residences accounted for only one mortgage in 2019, suggesting limited demand for vacation homes or investment properties. For investors, appraisers, and real estate agents, these trends may imply shifts in housing demand and market stability. Changes in occupancy types can impact property values, insurance premiums, and investment opportunities, highlighting the importance of closely monitoring such metrics in Arthur County.
Economic Outlook
Arthur County, Nebraska, has experienced considerable variability in average taxable income per tax return, with highs and lows such as $48,936.84 in 2014 and $23,305.56 in 2019, which should catch the eye of investors and analysts looking for economic indicators. The recent increase to $42,772.22 in 2021 may point to improving economic conditions. Additionally, a notable drop in average state and local income taxes, from $5,450.00 in 2015 to $4,166.67 in 2016, hints at potential shifts in... Read more
Average Taxable Income per Tax Return in Arthur County, NE over the last 9 years
Arthur County, Nebraska, has seen significant fluctuations in average taxable income per tax return over the last nine years, ranging from a low of $23,305.56 in 2019 to a high of $48,936.84 in 2014. The recent uptick in 2021 to $42,772.22 suggests a potential rebound, which might imply improving economic conditions or changes in the demographics of taxpayers. Such volatility can be crucial for investors, builders, and real estate agents as it might impact property values, tax rates, and market demand. Appraisers and insurance agents should also consider these trends when assessing risk and property valuations.
Average State and Local Income Taxes Per Tax Return in Arthur County, NE Over the Last 2 Years
Arthur County, Nebraska has seen a noticeable decrease in average state and local income taxes per tax return over the past two years. Income taxes dropped from $5450.00 in 2015 to $4166.67 in 2016. This downward trend could suggest a range of economic factors at play, such as changes in local tax policies, shifts in the economic environment, or variations in the average income levels of residents. This data might be particularly relevant for potential investors, developers, and real estate professionals considering the area, as it can point to evolving fiscal dynamics and potential shifts in the local economy.
Average Total Tax Liability Per Tax Return in Arthur County, NE Over the Last 10 Years
Over the last decade, Arthur County, Nebraska has exhibited fluctuations in average total tax liability per tax return, peaking notably in 2014 at around $6,378.57 and again in 2021 at approximately $6,258.33. These periodic increases may reflect underlying economic shifts or policy changes affecting the local tax base. For those contemplating investment or relocation, understanding these trends can provide insights into the region's fiscal health and the economic dynamics at play. It's also crucial for appraisers, insurance agents, and real estate professionals to consider these figures when assessing property values and market conditions in this area.
Cost of Living in Arthur County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,075 | $1,379 | $2,648 | $1,271 | $1,566 |
| 1 adult 4 children | $1,075 | $1,126 | $2,031 | $1,271 | $1,673 |
| 2 adults 3 children | $1,075 | $1,127 | $2,295 | $1,271 | $1,269 |
| 1 adult 3 children | $1,075 | $920 | $1,677 | $1,271 | $1,367 |
| 2 adults 2 children | $838 | $922 | $1,941 | $1,105 | $1,008 |
| 1 adult 2 children | $838 | $689 | $1,324 | $1,105 | $1,001 |
| 2 adults 1 child | $838 | $729 | $1,588 | $564 | $894 |
| 1 adult 1 child | $838 | $471 | $971 | $564 | $718 |
| 2 adults | $637 | $586 | $1,234 | $0 | $702 |
| 1 adult | $570 | $319 | $617 | $0 | $577 |
Demographics
Arthur County, Nebraska appears to have a balanced gender distribution and an older skew in its population, with a notable number of residents aged 75 and over. Educational attainment levels vary, with a surprisingly high percentage having some college experience but no degree. The area is predominantly white, but it’s fascinating to see the diversity in educational backgrounds, suggesting a community with mixed educational priorities but limited racial... Read more
Race Distribution in Arthur County, Nebraska (2022)
Educational Attainment in Arthur County, Nebraska (2022)
Age Distribution in Arthur County, Nebraska
Citizen Population in Arthur County, Nebraska (2022)
Political Trends & Data
Arthur County, Nebraska, exhibited a marked preference for the GOP in the 2020 U.S. Presidential Election, with an estimated over 91% of voters favoring Republican candidates. The Democratic party captured around 7% of the vote, underscoring a considerable partisan divide. Libertarians appeared to have a minimal yet detectable influence, potentially securing just over 1% of the votes. This overwhelmingly conservative voter base could shape the political landscape and decision-making in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Arthur County in Nebraska saw a significant lean towards the Republican party during the 2020 U.S. Presidential Election, with potentially over 91% of voters casting their ballots for the GOP. Democrats garnered approximately 7% of the vote, indicating a substantial gap between the two major parties. Libertarians had a small yet noticeable presence, possibly accounting for just over 1% of the votes, while the Green party and other minor parties did not appear to make an impact. This trend may suggest a strongly conservative voter base within this county.
91.55% of voters voted for the Republican party in the 2020 Presidential Election
7.39% of voters voted for the Democrat party in the 2020 Presidential Election
1.06% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Arthur County, Nebraska has consistently offered an appealing student-to-teacher ratio of around seven to nine students per teacher over the last decade, significantly lower than the national average of 14 students per teacher. This trend may make the county attractive to families seeking more personalized education for their children, potentially boosting property values. Real estate investors and developers might see opportunities in the area, banking on the desirability of a robust... Read more
Student-to-teacher ratio in Arthur County, Nebraska over the last 10 years
Arthur County, Nebraska has consistently maintained a low student-to-teacher ratio compared to the national average of 14 students per teacher, ranging from around seven to nine students per teacher over the last decade. This trend might indicate smaller class sizes in Arthur County, which could be attractive for families seeking more personalized education for their children. Such a low ratio can also impact property values, making the area potentially appealing for real estate investors and developers who aim to capitalize on the desirability of a robust educational environment. Additionally, appraisers and insurance agents could find this trend significant when evaluating property values and risks in the region.
