Butler County Real Estate and Livability Trends
Butler County, Nebraska's rise in average taxable income from $52,920.10 in 2013 to $67,924.63 in 2021 hints at economic growth enticing for investors and homebuyers. Median home values jumped from $100,200 in 2015 to $150,400 in 2022, suggesting attractive opportunities despite trailing state figures; noteworthy for real estate agents targeting entry-level investors. The drop in the... Read more
Butler County Market Trends
Butler County, Nebraska's median home values surged from $100,200 in 2015 to $150,400 in 2022, trailing the state's rise from $133,200 to $205,600. Despite lower median values compared to state and national levels, this could signal attractive entry points for investors. Fluctuations in residential energy tax credits, peaking at $644.44 in 2013, suggest varying investments in energy-efficient... Read more
Median Value of Occupied Housing Units in Butler County, Nebraska Over the Last 8 Years
Butler County, Nebraska has experienced substantial growth in median home values over the last eight years, with a significant increase from $100,200 in 2015 to $150,400 in 2022. This trajectory, while impressive, still trails the broader state trend with Nebraska’s median value jumping from $133,200 to $205,600 in the same period. Nationally, home values also saw a notable rise, moving from $125,500 to $179,400. For investors, this suggests opportunities in Butler County due to lower entry costs compared to state and national averages, although the rapid state-level appreciation indicates expanding interest and rising prices statewide.
Residential Energy Tax Credit Per Tax Return in Butler County, NE Over the Last 7 Years
Over the past seven years in Butler County, Nebraska, the average residential energy tax credit per tax return has shown marked fluctuations, peaking at approximately $644.44 in 2013 and dipping as low as $250.00 in 2014. Notable increases occurred again in recent years, with 2021 seeing an average of about $566.67. These changes might suggest varying levels of investment in energy-efficient home improvements among residents, presenting potential opportunities for real estate agents to market energy-efficient homes, appraisers to consider energy investments in their assessments, and insurance agents to adjust risk profiles accordingly. Investors and builders might find it worthwhile to tap into the growing interest in energy savings for new developments.
Average Real Estate Taxes Per Tax Return in Butler County, NE Over the Last 10 Years
In Butler County, Nebraska, average real estate taxes per tax return have shown a generally upward trend over the past decade, with a noticeable spike after 2018. Between 2012 and 2018, real estate taxes hovered around the $2300.00 range, but starting in 2019, they saw a significant increase, culminating at $3700.00 in 2021. For those involved or interested in property investment, appraisals, or real estate in the county, understanding this trend could be crucial for financial planning, property valuation, and assessing overall market health. This could also be a key insight for insurance agents adjusting policy premiums based on rising property taxes.
Percentage of Farm Returns in Butler County, NE Over the Last 10 Years
Over the past decade, the percentage of farm returns in Butler County, Nebraska, has seen a slight downward trend, wavering from around 17.81% in 2012 to approximately 15.31% in 2021. This marginal decline suggests a potential shift in the agricultural landscape or economic conditions impacting farmers in the region. Farm tax returns, indicating the income generated from farming activities, serve as a useful metric for assessing the economic health and sustainability of agricultural practices within the county. Investors and property developers might interpret these trends as an indicator of changing priorities or challenges faced by local farmers, possibly influencing decisions on land use and agricultural investments. Understanding these shifts can be critical for stakeholders looking to make informed decisions about their involvement in Butler County real estate or agricultural sectors.
Number of Mortgages by Occupancy Type in Butler County, NE Over the Last 5 Years in Butler County
Over the last five years, Butler County, Nebraska has seen a fluctuating number of mortgages for principal residences with a notable peak in 2021. This could imply a shift toward homeownership trends during that year, potentially driven by favorable lending conditions or demographic changes. Conversely, mortgages for investment properties and second residences have remained relatively stable with minor variances, suggesting more consistent interest in these occupancy types. For investors and real estate agents, these trends might indicate the relative demand and favorability of different property types. Appraisers and insurance agents could find the balance of occupancy types pivotal for assessing market stability and risk profiles.
Economic Outlook
Butler County, Nebraska has demonstrated a consistent rise in average taxable income per tax return, climbing from $52,920.10 in 2013 to $67,924.63 in 2021, indicating potential economic growth that could lure investors and homebuyers. However, average state and local income taxes have fluctuated, peaking at around $6,600.00 in 2019, suggesting changes in the economic landscape or tax policies. The average total tax liability per tax return has also varied, reaching $8,472.67 in 2021, which... Read more
Average Taxable Income per Tax Return in Butler County, NE over the last 9 years
Butler County, Nebraska has shown a generally upward trend in average taxable income per tax return over the past nine years. Starting at $52,920.10 in 2013, there's been a rise with some fluctuations, peaking at $67,924.63 in 2021. This growth suggests economic improvement that could attract investors, bolster the housing market, and influence property appraisals and insurance rates. This trend may be appealing to real estate agents and those looking to move into an economically progressive area.
Average State and Local Income Taxes Per Tax Return in Butler County, NE Over the Last 10 Years
Butler County, Nebraska's average state and local income taxes per tax return have shown considerable fluctuation over the past decade, with figures peaking around $6,600.00 in 2019 and dipping as low as $5,252.17 in 2012. This variability could indicate a changing economic landscape or alterations in tax policy, making it a key consideration for potential investors, real estate agents, and those contemplating relocation. The relatively high tax burdens in certain years might suggest robust local services and infrastructure, whereas lower amounts could reflect economic incentives or policy shifts aimed at attracting new residents and businesses.
Average Total Tax Liability Per Tax Return in Butler County, NE Over the Last 10 Years
Over the past decade, Butler County, Nebraska has seen a fluctuating trend in average total tax liability per tax return, starting from approximately $7,574.10 in 2012 to peaking at around $8,472.67 in 2021. This variance suggests potential economic changes or shifts in income levels within the county. For those looking to invest or move here, these numbers might hint at broader economic health or shifts in the local tax policies. Real estate agents, appraisers, and insurance agents could find this information useful as it provides a financial snapshot that might affect property values and insurance premiums.
Cost of Living in Butler County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,033 | $1,416 | $2,140 | $1,271 | $1,301 |
| 1 adult 4 children | $1,033 | $1,156 | $1,638 | $1,271 | $1,437 |
| 2 adults 3 children | $1,033 | $1,156 | $1,856 | $1,271 | $1,046 |
| 1 adult 3 children | $1,033 | $944 | $1,354 | $1,271 | $1,156 |
| 2 adults 2 children | $849 | $947 | $1,571 | $1,105 | $886 |
| 1 adult 2 children | $849 | $707 | $1,070 | $1,105 | $876 |
| 2 adults 1 child | $849 | $748 | $1,287 | $564 | $799 |
| 1 adult 1 child | $849 | $483 | $786 | $564 | $659 |
| 2 adults | $694 | $601 | $1,003 | $0 | $654 |
| 1 adult | $577 | $328 | $502 | $0 | $549 |
Safety trends & Data
Butler County, Nebraska's property crime trends have seen some significant shifts. Larceny-theft has dropped noticeably from 6 incidents in 2018 to just 2 by 2022, which might imply better security or community vigilance. In contrast, motor vehicle thefts have remained mostly steady, indicating a persistent risk. Interestingly, fraud cases spiked to 5 in 2021, highlighting potential concerns about cybercrime or scams. For prospective investors or homeowners, these trends suggest the need for... Read more
Property Crime Trends in Butler County, NE Over the Last 5 Years
Butler County, Nebraska has seen fluctuating property crime trends over the last five years. Larceny-theft incidents, while prevalent, appear to have dropped from 6 in 2018 to just 2 by 2022. Motor vehicle thefts have remained relatively stable with minor variations, suggesting a consistent threat in the area. Vandalism incidents show a slight decline, indicating potential improvements in local security measures. The rise in fraud cases, especially peaking at 5 in 2021, could signal increasing cybercrime or scams, making it crucial for residents and stakeholders to consider enhanced preventive measures. Investing in properties or business operations here might benefit from strategic risk assessment and security investments.
Demographics
Butler County, Nebraska's adult population shows a nearly even split between males and females, hinting at gender parity within this rural community. The education landscape is dominated by high school graduates and those with some college experience but without a degree, suggesting a potential untapped market for higher education institutions. Age distribution data point to a mature population with a bulk of residents aged 55-64 years, which may influence local healthcare and retirement... Read more
Race Distribution in Butler County, Nebraska (2022)
Educational Attainment in Butler County, Nebraska (2022)
Age Distribution in Butler County, Nebraska
Citizen Population in Butler County, Nebraska (2022)
Political Trends & Data
Butler County, Nebraska, showcased a pronounced conservative preference in the 2020 U.S. Presidential Election, with nearly 79% of voters supporting the Republican Party. This political leaning suggests potential influences on local and state policies, which might impact real estate decisions and development trends. Understanding these dynamics can offer insights into community priorities and regulatory landscapes for those considering investment or relocation in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Butler County, Nebraska, the 2020 U.S. Presidential Election saw a significant leaning towards the Republican Party, with nearly 79% of the vote. The Democratic Party garnered around 19%, while the Libertarian Party received just under 2%. These figures might indicate a strong conservative stance in the region, which could have potential implications for both local and state political dynamics.
78.75% of voters voted for the Republican party in the 2020 Presidential Election
19.41% of voters voted for the Democrat party in the 2020 Presidential Election
1.85% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Butler County, Nebraska, the student-to-teacher ratio has dipped from over ten students per teacher in 2014 to around nine by 2023. This decline might suggest a more personalized education experience, potentially attracting families to the area and boosting property values. For real estate agents, this can be a compelling selling point, while appraisers might see it as a sign of robust community investment in education. Given the national average of about 14 students per teacher, Butler... Read more
Student-to-teacher ratio in Butler County, Nebraska over the last 10 years
The student-to-teacher ratio in Butler County, Nebraska has generally declined over the last decade, from over ten students per teacher in 2014 to just around nine by 2023. This trend could point to a more personalized education experience, which may be attractive to families considering a move to the area and could potentially enhance property values due to the appeal of local schools. For real estate agents, these statistics can serve as a selling point, and appraisers might perceive this as an indicator of a more robust community investment in education. With the national average being about 14 students per teacher, Butler County's lower ratio could also imply better educational outcomes, a significant factor for prospective homebuyers and investors. This trend is equally pertinent for insurance agents assessing risk; areas investing in education might experience different risk profiles.
