Blaine County Real Estate and Livability Trends
Blaine County, Nebraska's real estate market is marked by economic volatility, with average taxable income peaking at $48,208.33 in 2015 but turning negative at -$2,947.83 in 2018. The median home values rose from $72,500 in 2015 to $85,700 in 2022, still far below national and state medians. Farm operations make up a significant portion of the local economy, and mortgage demands fluctuate,... Read more
Blaine County Market Trends
Blaine County, Nebraska's housing market has shown an upward, though fluctuating, trend in median home values, rising from $72,500 in 2015 to $85,700 in 2022—considerably lower than both the national median of $179,400 and Nebraska’s median of $205,600 in the same year. Around 41.67% to 50% of tax returns in Blaine County are related to farm operations, underscoring the significant role... Read more
Median Value of Occupied Housing Units in Blaine County, Nebraska Over the Last 8 Years
Blaine County, Nebraska has seen a rather fluctuating but generally upward trend in median home values over the past eight years, with figures varying from $72,500 in 2015 to $85,700 in 2022. Compared to the national median home value, which surged from $125,500 in 2015 to $179,400 in 2022, homes in Blaine County appear to remain significantly more affordable. Nebraska's statewide median home value also shows a steady increase, from $133,200 in 2015 to $205,600 in 2022. This indicates that while Blaine County lags behind both state and national trends in terms of median home value growth, it may present intriguing opportunities for potential investors or those seeking a more budget-friendly relocation within Nebraska.
Percentage of Farm Returns in Blaine County, NE Over the Last 10 Years
Over the last decade, Blaine County, Nebraska, has seen percentage values of farm returns ranging between 41.67% and 50%. Despite some fluctuations, the numbers suggest that nearly half of the tax returns filed in the county are related to farming operations, highlighting the significant role agriculture plays in the local economy. This trend is particularly informative for potential investors and developers, indicating a stable agricultural sector that continues to contribute to the financial landscape of the area.
Number of Mortgages by Occupancy Type in Blaine County, NE Over the Last 5 Years in Blaine County
Blaine County, Nebraska has seen fluctuating numbers of mortgages for principal residences over the past five years, shifting from a low of 1 in 2018 to higher counts of 3 or 4 in subsequent years. These variations in principal residence mortgages may reflect broader economic trends or shifts in local housing demand, potentially impacting property values and investment opportunities. For those considering investing, moving, or working in real estate in Blaine County, understanding these dynamics could be crucial for making informed decisions.
Economic Outlook
Blaine County, Nebraska's real estate market is influenced by considerable economic fluctuations, with average taxable income per tax return peaking at $48,208.33 in 2015 but plummeting to about $24,525.00 by 2017. Notably, 2018 saw an unprecedented dip into negative averages at -$2,947.83, suggesting potential widespread financial losses. This instability also echoed in the average total tax liability, which peaked at $9011.76 in 2014 but stabilized post-2017. Understanding these fiscal trends... Read more
Average Taxable Income per Tax Return in Blaine County, NE over the last 9 years
Blaine County, Nebraska has seen notable fluctuations in average taxable income per tax return over the past nine years. While there was a significant increase between 2013 and 2015, peaking at approximately $48,208.33 in 2015, the county experienced a sharp drop to about $24,525.00 by 2017. Interestingly, 2018 saw a stark anomaly with average taxable income dipping into negative values, around -$2,947.83, which might indicate potential widespread losses or other fiscal challenges. The years following show a recovery, reaching roughly $33,960.00 in 2021. Investors, real estate agents, and property developers may find it useful to understand these economic trends for gauging future opportunities and potential fiscal risks in the area.
Average Total Tax Liability Per Tax Return in Blaine County, NE Over the Last 10 Years
Blaine County, Nebraska has experienced significant fluctuations in average total tax liability per tax return over the last decade. Investors and new residents should note a peak in 2014 at $9011.76 and a subsequent decline, indicating potential economic variability. The average total tax liability seemed more stable post-2017, generally hovering between $2760.00 and $4066.67. Such trends can impact property values, insurance rates, and overall economic stability, making it an important consideration for those involved in real estate or financial planning in the area.
Cost of Living in Blaine County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,075 | $1,379 | $2,140 | $1,271 | $1,393 |
| 1 adult 4 children | $1,075 | $1,126 | $1,638 | $1,271 | $1,548 |
| 2 adults 3 children | $1,075 | $1,127 | $1,856 | $1,271 | $1,133 |
| 1 adult 3 children | $1,075 | $920 | $1,354 | $1,271 | $1,263 |
| 2 adults 2 children | $838 | $922 | $1,571 | $1,105 | $930 |
| 1 adult 2 children | $838 | $689 | $1,070 | $1,105 | $939 |
| 2 adults 1 child | $838 | $729 | $1,287 | $564 | $838 |
| 1 adult 1 child | $838 | $471 | $786 | $564 | $696 |
| 2 adults | $637 | $586 | $1,003 | $0 | $668 |
| 1 adult | $570 | $319 | $502 | $0 | $575 |
Demographics
Blaine County, Nebraska has a fairly balanced gender distribution among its adult population, with a slight majority of males (169) over females (158). Educational attainment reveals that high school graduates, including equivalency, represent the largest group (121), but there's a noticeable drop in higher education degrees, with only 54 holding a Bachelor’s degree and 13 with a graduate or professional degree. The age distribution shows a significant aging population, with those 55 and... Read more
Race Distribution in Blaine County, Nebraska (2022)
Educational Attainment in Blaine County, Nebraska (2022)
Age Distribution in Blaine County, Nebraska
Citizen Population in Blaine County, Nebraska (2022)
Political Trends & Data
Blaine County, Nebraska showed a strong Republican presence in the 2020 presidential election, with around 88 percent of the votes favoring the GOP. Democrats captured just over 11 percent, indicating a predominantly conservative electorate. This trend is indicative of the rural voting patterns typical in the Great... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
With Republicans attracting roughly 88 percent of the vote in Blaine County, Nebraska, it's clear they had a dominating presence in the 2020 election. Democrats managed just over 11 percent, while Libertarians barely made a dent with a little over 0.6 percent. This overwhelming skew toward the Republican Party suggests a heavily conservative voter base, reflecting broader rural voting patterns often seen in the Great Plains.
88.33% of voters voted for the Republican party in the 2020 Presidential Election
11.04% of voters voted for the Democrat party in the 2020 Presidential Election
0.63% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Blaine County, Nebraska, has seen a drop in its student-to-teacher ratio from 6 students per teacher in 2014 to 4 students per teacher in 2023, well below the national average of 14. This suggests a more personalized learning environment, which might appeal to families and thus influence real estate demand and property values. The trend points to a potentially higher-quality educational environment, a key factor that developers, investors, and real estate agents could leverage when marketing... Read more
Student-to-teacher ratio in Blaine County, Nebraska over the last 10 years
Over the last decade, Blaine County, Nebraska has experienced a consistent decrease in its student-to-teacher ratio, dropping from 6 students per teacher in 2014 to just 4 students per teacher in 2023. This ratio is notably lower than the national average of 14 students per teacher, indicating much smaller class sizes. For investors, developers, real estate agents, and those considering relocation, this trend might suggest a more personalized and potentially higher-quality educational environment, which could be a desirable selling point for families with school-aged children. Appraisers and insurance agents could view this metric as a factor that reinforces property value stability, as quality education often correlates with community desirability and economic health.
