Box Butte County Real Estate and Livability Trends
Box Butte County, Nebraska's real estate market shows promise despite fluctuations in key economic indicators. Average taxable income per tax return has grown from $54,951.98 in 2013 to $61,057.54 in 2021, underscoring regional economic resilience. Median home values have climbed from $92,000.00 in 2015 to $161,600.00 in 2022, reflecting a robust local market, even if it trails behind broader... Read more
Box Butte County Market Trends
Box Butte County, Nebraska, has observed a general upward trend in median home values, rising from $92,000.00 in 2015 to $161,600.00 in 2022. This increase, though significant locally, lags behind statewide and national trends. Real estate taxes have grown notably from $2,219.23 in 2012 to $3,488.89 in 2021, possibly reflecting higher property values and improved amenities. Meanwhile, the average... Read more
Median Value of Occupied Housing Units in Box Butte County, Nebraska Over the Last 8 Years
Box Butte County, Nebraska, has seen a fluctuating but generally upward trend in median home values over the past eight years, with a significant rise from $92,000.00 in 2015 to $161,600.00 in 2022. This local growth, although substantial, may lag behind Nebraska's statewide increase from $133,200.00 to $205,600.00 and the national trend, which saw values move from $125,500.00 to $179,400.00 in the same period. Such insights could be valuable for potential investors and residents considering the comparative cost advantages or appreciating property potential in this county.
Residential Energy Tax Credit Per Tax Return in Box Butte County, NE Over the Last 7 Years
Box Butte County in Nebraska has seen some interesting trends in residential energy tax credits over the past seven years, suggesting fluctuating investment behavior in energy-efficient home upgrades. After peaking at $323.08 per tax return in 2014, the average credit consistently decreased until 2017 to $250.00. However, there was a significant spike in 2020, reaching $433.33, which might indicate a renewed interest in energy-efficient investments. Variations in tax credits suggest periodic boosts in energy upgrade projects, which could influence property values and insurance implications. Real estate agents, appraisers, and potential investors may find these trends indicative of underlying shifts in market dynamics, possibly tied to broader economic conditions or policy changes.
Average Real Estate Taxes Per Tax Return in Box Butte County, NE Over the Last 10 Years
Over the last decade, Box Butte County in Nebraska has experienced a notable increase in average real estate taxes per tax return, rising from $2,219.23 in 2012 to $3,488.89 in 2021. These numbers could suggest a growing assessed property value trend, indicating a potentially appreciating real estate market. For investors and appraisers, this is generally positive—higher real estate taxes often align with improved local amenities and infrastructure. Builders and real estate agents might also infer a steady demand for properties, especially as such trends can attract more people to move into the area. However, for current homeowners and prospective buyers, this upward trend in taxes is likely a factor in overall affordability and could influence purchasing decisions.
Percentage of Farm Returns in Box Butte County, NE Over the Last 10 Years
Box Butte County, Nebraska has seen modest fluctuations in the percentage of farm tax returns over the past decade, ranging approximately from 7.12% to 7.86%. This trend suggests that farming remains a significant, albeit slightly variable, part of the local economy. Farm tax returns, reflecting the income and operations of agricultural entities, are crucial for understanding the financial health and stability of the farming sector in the region. This information could be valuable for investors looking to understand the economic landscape, potential homebuyers interested in the community's agricultural influences, and developers considering projects that might impact or benefit from these farming activities.
Number of Mortgages by Occupancy Type in Box Butte County, NE Over the Last 5 Years in Box Butte County
In Box Butte County, Nebraska, there has been a noticeable fluctuation in mortgage counts by occupancy type over the past five years. The principal residence mortgages consistently dominate, peaking at 437 in 2020, suggesting sustained strong demand for primary homes. However, there's a general decline in both investment properties and principal residences from 2020 to 2022, which might indicate shifting market dynamics. This trend is crucial for investors and developers who may need to reconsider their strategies and for insurers who might see a change in risk profiles. The number of second residence mortgages has remained low but stable, reflecting a relatively minor segment of the market. Real estate agents and appraisers could find these insights useful when assessing property values and market health for potential buyers or sellers.
Economic Outlook
Box Butte County, Nebraska has seen notable growth in average taxable income per tax return, increasing from $54,951.98 in 2013 to $61,057.54 in 2021. Despite a dip in 2016, the overall trend suggests economic resilience, which could be appealing to investors and real estate agents. The fluctuating state and local income taxes, peaking at $6,600.00 in 2019, and varying total tax liability, with a high of $8,361.61 in 2014, highlight the dynamic financial landscape. These patterns might... Read more
Average Taxable Income per Tax Return in Box Butte County, NE over the last 9 years
Box Butte County, Nebraska has experienced fluctuations in average taxable income per tax return over the past nine years, with a notable increase from $54,951.98 in 2013 to $61,057.54 in 2021. Interestingly, there was a dip in 2016 where taxable income dropped to $52,813.19, but the region has shown resilience, bouncing back and generally trending upward. This variability suggests a dynamic economic environment that could appeal to investors and real estate agents looking for growth potential, while also signaling appraisers and insurance agents to consider historical income trends when evaluating property values and risk.
Average State and Local Income Taxes Per Tax Return in Box Butte County, NE Over the Last 10 Years
Box Butte County, Nebraska has shown varied trends in average state and local income taxes per tax return over the past decade. The figures have fluctuated from a low of $5,643.69 in 2012 to a high of $6,600.00 in 2019, indicating a somewhat volatile tax environment. These changes are crucial for potential investors, real estate professionals, and appraisers in assessing the financial climate of the area. Understanding these tax trends can help insurance agents and property developers make more informed decisions regarding the economic attractiveness and fiscal responsibilities in Box Butte County.
Average Total Tax Liability Per Tax Return in Box Butte County, NE Over the Last 10 Years
Over the past decade, Box Butte County, Nebraska has seen fluctuating trends in average total tax liability per tax return, ranging from a low of $7,221.07 in 2019 to a high of $8,361.61 in 2014. Notably, the tax liability dipped noticeably around 2016 to 2019 but has since rebounded, peaking again in 2021 at $8,096.04. Investors and potential property buyers might find this data relevant, as varying tax liabilities could impact the overall cost of living and investment returns in the area. For those involved in real estate or property appraisals, these trends might indicate underlying economic factors worth investigating.
Cost of Living in Box Butte County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,055 | $1,379 | $2,648 | $1,271 | $1,429 |
| 1 adult 4 children | $1,055 | $1,126 | $2,031 | $1,271 | $1,532 |
| 2 adults 3 children | $1,055 | $1,127 | $2,295 | $1,271 | $1,146 |
| 1 adult 3 children | $1,055 | $920 | $1,677 | $1,271 | $1,221 |
| 2 adults 2 children | $867 | $922 | $1,941 | $1,105 | $942 |
| 1 adult 2 children | $867 | $689 | $1,324 | $1,105 | $909 |
| 2 adults 1 child | $867 | $729 | $1,588 | $564 | $836 |
| 1 adult 1 child | $867 | $471 | $971 | $564 | $684 |
| 2 adults | $659 | $586 | $1,234 | $0 | $672 |
| 1 adult | $590 | $319 | $617 | $0 | $540 |
Safety trends & Data
Box Butte County, Nebraska has experienced varied property crime trends over the last five years. In 2019, burglaries spiked to 9.0 from a relatively low 2.0 in 2018, possibly signifying shifts in economic or social conditions. Fluctuations in motor vehicle theft and larceny-theft hint at potential vulnerabilities in specific years. Minor incidents of embezzlement, arson, and forgery suggest small but notable financial crimes. These trends matter for investors, real estate agents, and local... Read more
Property Crime Trends in Box Butte County, NE Over the Last 5 Years
Box Butte County, Nebraska, has seen varied trends in property crimes over the last five years. A notable spike in burglaries occurred in 2019, rising to 9.0 after a relatively low 2.0 in 2018, indicating possible shifts in economic or social conditions. Motor vehicle theft and larceny-theft trends have shown fluctuations rather than a steady increase, hinting at potential vulnerabilities in specific years but not a consistent rise. The presence of minor incidents of embezzlement, arson, and forgery suggests pockets of financial crime that may not be widespread but still relevant for stakeholders. These patterns provide insights for investors, real estate agents, and local authorities into both the risks and stability of the area.
Demographics
Box Butte County, Nebraska's adult population shows a near equal gender split, with slightly more females than males. Educational attainment varies, with most adults having some college education but no degree, while postgraduate degrees are relatively uncommon. Age distribution indicates a balanced mix, though there are fewer young adults aged 20-24 years. The county's racial makeup is predominantly White, with African American, Native American, and other races present in smaller proportions.... Read more
Race Distribution in Box Butte County, Nebraska (2022)
Educational Attainment in Box Butte County, Nebraska (2022)
Age Distribution in Box Butte County, Nebraska
Citizen Population in Box Butte County, Nebraska (2022)
Political Trends & Data
In Box Butte County, Nebraska, the 2020 U.S. Presidential Election results indicated a strong Republican preference, with around 77% of votes cast for the GOP candidate. Democrats received just over 20%, and the Libertarian party captured close to 2.5%. This heavy lean towards the Republican party could suggest underlying political and cultural trends that might influence local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Box Butte County, Nebraska, the 2020 U.S. Presidential Election results leaned heavily towards the Republican party, capturing around 77% of the vote. Democrats appeared to have a significantly lesser presence, with just over 20% support. The Libertarian party saw minimal traction, garnering close to 2.5% of the votes, while support for other parties was negligible or non-existent. These trends may indicate a strong Republican inclination in the region, potentially reflecting broader political and cultural preferences.
77.24% of voters voted for the Republican party in the 2020 Presidential Election
20.29% of voters voted for the Democrat party in the 2020 Presidential Election
2.47% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, Box Butte County, Nebraska has seen fluctuations in its student-to-teacher ratio, peaking at around 16 students per teacher in 2019 before declining to approximately 14 in recent years. These shifts can significantly impact property values, indicate evolving educational quality, and influence housing demand. A lower student-to-teacher ratio compared to the national average of 14 could be appealing for families and beneficial for long-term community... Read more
Student-to-teacher ratio in Box Butte County, Nebraska over the last 10 years
Over the past decade, the student-to-teacher ratio in Box Butte County, Nebraska has exhibited fluctuations, peaking at around 16 students per teacher in 2019 before declining to approximately 14 in recent years. These changes matter significantly for potential investors, real estate agents, and those considering a move to the area. Shifts in the ratio can impact property values, indicate evolving educational quality, and influence demand for housing. A lower student-to-teacher ratio compared to the national average of 14 suggests more personalized attention for students, which could be attractive for families and beneficial for long-term community growth.
