Brown County Real Estate and Livability Trends
In Brown County, Nebraska, median home values rose from $70,500 in 2015 to $89,700 in 2022, still trailing behind state and national averages. Real estate taxes spiked to $3,000.00 in 2020 from a low of $1,966.67 in 2019, perhaps due to shifting property values or tax policies. The market has been primarily driven by mortgages for principal residences, suggesting low demand for rental properties... Read more
Brown County Market Trends
In Brown County, Nebraska, median home values have seen modest growth from $70,500 in 2015 to $89,700 in 2022, significantly lower than the state and national averages. Real estate taxes have fluctuated, hitting a low of $1,966.67 in 2019 and spiking to $3,000.00 in 2020, possibly reflecting shifts in property values or tax policies. Farm tax returns peaked at 22.76% in 2014 but have been on a... Read more
Median Value of Occupied Housing Units in Brown County, Nebraska Over the Last 8 Years
In Brown County, Nebraska, median home values have displayed a relatively modest growth pattern over the past eight years, rising from $70,500 in 2015 to $89,700 in 2022. This is notably lower compared to the state average, which increased from $133,200 to $205,600 during the same period. On a national scale, values jumped more substantially, moving from $125,500 to $179,400. This suggests that while Brown County remains an affordable spot within Nebraska, its pace of appreciation might lag behind broader state and national trends, which could be a compelling aspect for potential investors or residents considering the local market's stability and affordability.
Average Real Estate Taxes Per Tax Return in Brown County, NE Over the Last 9 Years
Over the last nine years in Brown County, Nebraska, average real estate taxes per tax return have shown notable fluctuations. From a high of $2,687.50 in 2012, there's been a general decline reaching a low of $1,966.67 in 2019, before spiking back up to $3,000.00 in 2020. These changes may reflect shifts in property values, tax policies, or economic factors impacting the region, making it essential for investors, appraisers, and homeowners to stay informed and adapt their strategies accordingly.
Percentage of Farm Returns in Brown County, NE Over the Last 10 Years
In Brown County, Nebraska, the percentage of farm tax returns has shown some interesting fluctuations over the last decade. The highest percentage was around 22.76% in 2014, with a general downward trend noted after 2017, hitting a low of 19.33% in 2019. Farm tax returns, essentially the documentation of income and expenditures for farm-related activities, are a key indicator of the agricultural economic landscape. These trends suggest shifts in farming profitability and activity in the area. Investors or potential residents might find this data indicative of broader economic health and viability for agricultural ventures.
Number of Mortgages by Occupancy Type in Brown County, NE Over the Last 5 Years in Brown County
The data for Brown County, Nebraska indicates a consistent dominance of mortgages for principal residences over the past five years, with values peaking at 88 in 2020. Investment properties and second residences show minimal activity, each mostly holding steady under five mortgages annually. These shifts in occupancy types can signal changing economic priorities or demographics, impacting property values and market stability. For investors, this trend could hint at lower demand for rental and secondary properties. Appraisers and insurance agents might interpret these figures as a sign of reduced risk associated with investment properties, while builders and real estate professionals may see opportunities or limitations in market growth based on principal residence popularity.
Economic Outlook
In Brown County, Nebraska, the significant peak in average taxable income per tax return in 2021 at $49,744.97, after a dip in 2016 to $37,387.23, suggests possible economic growth or increased local profitability. The highest average state and local income taxes per tax return were observed in 2019 at $9,433.33, while dips in 2018 and 2020 to around $3,700.00 could indicate economic downturns or tax policy adjustments. Real estate stakeholders might find these varying tax liabilities, which... Read more
Average Taxable Income per Tax Return in Brown County, NE over the last 9 years
In Brown County, Nebraska, the average taxable income per tax return has shown some fluctuations over the past nine years, with a significant peak in 2021 at $49,744.97. Although the average income saw a notable dip in 2016 to $37,387.23, recent years indicate a promising upward trend, which might suggest improving economic conditions or increased profitability among residents. For those looking to invest, move to, or build property in the area, this upward trajectory could be interpreted as a sign of growing financial stability and potential for higher disposable incomes.
Average State and Local Income Taxes Per Tax Return in Brown County, NE Over the Last 10 Years
Brown County, Nebraska, has seen some interesting fluctuations in average state and local income taxes per tax return over the past decade. The highest point was in 2019 at $9,433.33, potentially indicating higher incomes or changes in tax policies. Conversely, 2018 and 2020 saw significant drops to $3,800.00 and $3,700.00 respectively, possibly reflecting economic downturns or tax reductions. These variations could matter to investors, appraisers, and real estate agents as they suggest economic shifts and tax policy changes that may impact property values and investment returns.
Average Total Tax Liability Per Tax Return in Brown County, NE Over the Last 10 Years
Over the past decade, Brown County, Nebraska has seen a fluctuating average total tax liability per tax return. Particularly noticeable are the spikes in 2014 at $7,491.67 and in 2021 at $7,038.79. This volatility can hint at economic events or policy changes impacting the residents. Investors and prospective homeowners should consider these fluctuations as they could affect financial planning and long-term investments. For real estate agents and appraisers, understanding this trend is essential for providing accurate property valuations and advising clients effectively. To build property in this region, developers might want to factor in these tax trends to gauge potential future financial burdens.
Cost of Living in Brown County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,379 | $2,648 | $1,271 | $1,504 |
| 1 adult 4 children | $1,005 | $1,126 | $2,031 | $1,271 | $1,618 |
| 2 adults 3 children | $1,005 | $1,127 | $2,295 | $1,271 | $1,214 |
| 1 adult 3 children | $1,005 | $920 | $1,677 | $1,271 | $1,304 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $993 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $982 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $882 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $710 |
| 2 adults | $628 | $586 | $1,234 | $0 | $697 |
| 1 adult | $562 | $319 | $617 | $0 | $578 |
Safety trends & Data
Brown County, Nebraska, has shown varying property crime trends over the past three years, with incidents including larceny-theft, fraud, embezzlement, and vandalism. For insurers and real estate investors, understanding these fluctuations could be crucial in assessing risk factors and security concerns. The county saw 2 larceny-theft and 1 fraud arrest in 2018, a shift to 1 embezzlement and 2 fraud cases by 2019, and continued reports of fraud along with a vandalism incident in 2021. These... Read more
Property Crime Trends in Brown County, NE Over the Last 3 Years
Brown County, Nebraska has seen fluctuating trends in property crimes over the past three years, mainly consisting of larceny-theft, fraud, embezzlement, and vandalism. In 2018, there were 2 arrests for larceny-theft and 1 for fraud. Interestingly, while there were no larceny-theft incidents reported in 2019, the county witnessed 1 embezzlement and 2 fraud cases. By 2021, fraud incidents persisted with 1 arrest, alongside 1 vandalism case. This variability in crime types and frequency could be a point of concern or interest for insurers, potential investors, and real estate agents evaluating the risk factors and security landscape of Brown County.
Demographics
Brown County, Nebraska, exhibits a fairly balanced gender distribution among adults, with slightly more females than males. In terms of education, high school graduates make up a substantial segment of the population, followed by those with some college experience but no degree. The age distribution is notably skewed toward older age groups, with significant numbers aged 55 and above. Racially, the county is overwhelmingly white, with very minimal representation from other racial groups. These... Read more
Race Distribution in Brown County, Nebraska (2022)
Educational Attainment in Brown County, Nebraska (2022)
Age Distribution in Brown County, Nebraska
Citizen Population in Brown County, Nebraska (2022)
Political Trends & Data
Brown County, Nebraska, leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 87.5% of the vote going to the GOP. Democrats garnered only about 11.4%, and Libertarians a mere 1%, highlighting a significant political skew. The lack of votes for the Green party and "Other" category could imply a limited spectrum of political perspectives in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Brown County, Nebraska, appears to have strongly favored the Republican party in the 2020 U.S. Presidential Election, with about 87.5% of the vote. Democrats trailed significantly at roughly 11.4%, while Libertarians captured a mere 1%. The absence of votes for the Green party and the "Other" category suggests a highly polarized electorate, potentially indicating limited political diversity in the region.
87.55% of voters voted for the Republican party in the 2020 Presidential Election
11.38% of voters voted for the Democrat party in the 2020 Presidential Election
1.07% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Brown County, Nebraska, the student-to-teacher ratio has seen dramatic changes, peaking at 17:1 in 2014 and dropping to a low of 9:1 in 2021. Since 2020, it has remained below the national average of 14:1, stabilizing around 11:1. Lower ratios could make local schools more attractive to relocating families and might positively impact property values, offering a key insight for real estate investors and agents to... Read more
Student-to-teacher ratio in Brown County, Nebraska over the last 10 years
Over the past decade in Brown County, Nebraska, the student-to-teacher ratio has fluctuated significantly, peaking at 17 students per teacher in 2014 and dropping to a notable low of 9 students per teacher in 2021. Interestingly, while the ratio dipped below the national average of 14 students per teacher from 2020 onwards, it stabilized around 11 students per teacher in the following years. Lower student-to-teacher ratios can suggest more personalized attention for students, which might attract families considering relocation. For investors and real estate agents, these trends could indicate potential growth in the desirability of local schools. Schools with small class sizes might also impact property values positively, making this an essential factor for appraisors and those in the real estate market to monitor.
