Cedar County Real Estate and Livability Trends
Cedar County, Nebraska has emerged as an intriguing prospect for real estate investment, witnessing a significant rise in median home values from $101,400 in 2015 to $160,700 in 2022. Average taxable income per tax return soared from $61,883.46 in 2020 to $73,808.10 in 2021, hinting at enhanced economic opportunities. Real estate taxes have fluctuated, spiking to $3,800.00 in 2021, which could... Read more
Cedar County Market Trends
Cedar County, Nebraska has seen a notable jump in median home values, climbing from $101,400 in 2015 to $160,700 in 2022, a growth rate that outpaces national trends. Real estate taxes have fluctuated dramatically, spiking to around $3,800.00 in 2021 from a low of approximately $1,903.64 in 2016, which could influence property valuations and investment strategies. Residential Energy Tax Credits... Read more
Median Value of Occupied Housing Units in Cedar County, Nebraska Over the Last 8 Years
Over the past eight years, Cedar County, Nebraska has experienced a significant increase in median home values, jumping from $101,400 in 2015 to $160,700 in 2022. This growth outpaces the national median values, which rose from $125,500 to $179,400 over the same period. While Cedar County's median home values remain below both the Nebraska and national figures, the county's accelerated growth rate could be an attractive aspect for investors and homebuyers, especially given the county's relatively more affordable housing compared to an average Nebraska home valued at $205,600 in 2022.
Residential Energy Tax Credit Per Tax Return in Cedar County, NE Over the Last 7 Years
Residential Energy Tax Credits in Cedar County, Nebraska, have fluctuated significantly over the last seven years, with peaks and valleys indicating changes in energy efficiency investments. In 2020, the average tax credit per return saw an impressive spike to $1,133.33, hinting at substantial energy renovations or upgrades. This stands in sharp contrast to the more modest figures in surrounding years, like $233.33 in 2017 and $250.00 in 2021, suggesting that while there may be occasional surges in energy-efficient projects, the general trend does not consistently sustain high levels. Investors, property builders, and real estate professionals could infer varying degrees of community investment in energy-efficient improvements, influencing property valuations and marketability.
Average Real Estate Taxes Per Tax Return in Cedar County, NE Over the Last 10 Years
Cedar County, Nebraska has experienced fluctuating real estate taxes per tax return over the past decade. Notably, real estate taxes saw a low point in 2016 at approximately $1,903.64 but jumped dramatically to about $2,981.82 in 2018 and even higher to $3,800.00 in 2021. These variations could significantly impact property valuations and investment strategies, influencing decisions for potential homebuyers, investors, appraisers, and insurance agents looking to assess risk and value accurately in this market.
Percentage of Farm Returns in Cedar County, NE Over the Last 10 Years
Farm tax returns in Cedar County, Nebraska have shown steady percentages hovering around 22.3% to 23.3% over the last decade. This slight fluctuation suggests relative stability in the agricultural sector, hinting at consistent farm activity despite potential economic shifts. Investors or individuals eyeing the region could infer that agriculture retains a significant presence, offering a dependable foundation for related investments or developments.
Number of Mortgages by Occupancy Type in Cedar County, NE Over the Last 5 Years in Cedar County
The trend in Cedar County, Nebraska, shows a notable spike in the number of principal residence mortgages in 2020, which nearly doubled from 2019. Conversely, investment property mortgages saw a decline from 2018 through 2020. Second residence mortgages remain minimal and consistent across the period. Changes in occupancy types can affect everything from housing supply to local economic conditions, driving the demand for services like appraisals and insurance. For investors, the decline in investment properties might signal fewer opportunities for rental income, whereas the increase in principal residences could imply a more stable, owner-occupied market. Understanding these trends helps real estate agents and potential buyers make informed decisions about property investments and community demographics.
Economic Outlook
Cedar County, Nebraska has seen some interesting trends in taxable income and tax liabilities over the past decade, hinting at broader economic shifts that might be of interest to investors and real estate professionals. Average taxable income per tax return experienced a significant rise from $61,883.46 in 2020 to $73,808.10 in 2021, suggesting increased economic opportunities in the area. State and local income taxes have also fluctuated, with a notable peak in 2021 at $10,050.00, likely... Read more
Average Taxable Income per Tax Return in Cedar County, NE over the last 9 years
Cedar County, Nebraska has experienced notable fluctuations in the average taxable income per tax return over the past nine years. Starting from $54,387.91 in 2013, it saw an initial rise peaking at $58,773.05 in 2014, followed by a dip and steady recovery. The most significant increase occurred between 2020 and 2021, jumping from $61,883.46 to $73,808.10. This trend might indicate broader economic changes or improvements in local economic opportunities, making it a compelling area for potential investment, real estate considerations, and financial planning.
Average State and Local Income Taxes Per Tax Return in Cedar County, NE Over the Last 10 Years
Over the past decade, Cedar County, Nebraska has experienced noticeable fluctuations in average state and local income taxes per tax return, peaking at $10,050.00 in 2021. This volatility might interest investors and real estate agents as it could indicate underlying economic shifts. Years like 2013 and 2021, with taxes close to or exceeding $10,000.00, suggest periods of higher income or changes in tax policies, whereas lower averages in years like 2019 at $6,757.14 might reflect different economic conditions. Such trends are crucial for appraisers and insurance agents to consider when assessing property values and risk in the area.
Average Total Tax Liability Per Tax Return in Cedar County, NE Over the Last 10 Years
Cedar County, Nebraska, has experienced significant fluctuations in average total tax liability per tax return over the past decade, peaking in 2021 at $11,147.47 and dipping to a low of $7,475.52 in 2018. While the early years saw relatively high amounts, there was a noticeable drop starting in 2016, with a gradual recovery leading up to the recent rise. These shifts could be tied to varying economic conditions, policy changes, or demographic trends within the county, which may be worth exploring for investors, real estate agents, and residents considering the area's financial landscape.
Cost of Living in Cedar County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,090 | $1,436 | $2,140 | $1,271 | $1,359 |
| 1 adult 4 children | $1,090 | $1,172 | $1,638 | $1,271 | $1,504 |
| 2 adults 3 children | $1,090 | $1,173 | $1,856 | $1,271 | $1,099 |
| 1 adult 3 children | $1,090 | $958 | $1,354 | $1,271 | $1,218 |
| 2 adults 2 children | $826 | $960 | $1,571 | $1,105 | $894 |
| 1 adult 2 children | $826 | $717 | $1,070 | $1,105 | $886 |
| 2 adults 1 child | $826 | $759 | $1,287 | $564 | $805 |
| 1 adult 1 child | $826 | $490 | $786 | $564 | $663 |
| 2 adults | $628 | $610 | $1,003 | $0 | $643 |
| 1 adult | $562 | $332 | $502 | $0 | $553 |
Safety trends & Data
Cedar County, Nebraska, has experienced fluctuating property crime rates over the past five years, with Larceny-Theft peaking at 4 reported cases in 2019 before declining. Fraud had its most significant activity in 2018 and has been gradually tapering off. There have also been sporadic incidents of Forgery, Counterfeiting, and isolated cases of Stolen Property and Motor Vehicle Theft. These patterns could be particularly relevant for investors, insurers, and builders as they evaluate the area's... Read more
Property Crime Trends in Cedar County, NE Over the Last 5 Years
Over the last five years, Cedar County, Nebraska, has seen a varied landscape of property crimes. Larceny-Theft has remained the most consistent on the radar with a notable peak of 4 reported cases in 2019 before dipping in subsequent years. Fraud also appeared several times, with the most significant activity in 2018 and gradually tapering off. Sporadic incidents of Forgery and Counterfeiting, as well as isolated cases of Stolen Property and Motor Vehicle Theft, reflect a diverse but controlled property crime environment. These patterns could be crucial for potential investors, insurers, and builders assessing the area's security profile and trends.
Demographics
Cedar County, Nebraska, exhibits a nearly equal balance between male and female adults. The population shows a notably high level of educational attainment, with a significant portion having completed high school and many also having some college education. Age distribution highlights an aging population, with a substantial number of residents over the age of 55. Cedar County's racial makeup is overwhelmingly White, with racial minorities constituting a very small portion of the population.... Read more
Race Distribution in Cedar County, Nebraska (2022)
Educational Attainment in Cedar County, Nebraska (2022)
Age Distribution in Cedar County, Nebraska
Citizen Population in Cedar County, Nebraska (2022)
Political Trends & Data
Cedar County in Nebraska leaned heavily Republican in the 2020 Presidential Election, with about 83.5% of the vote. Democrats captured around 14.5%, and Libertarians garnered a modest 1.9%. This overwhelming Republican preference suggests a deeply conservative voter base, possibly limiting political diversity in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cedar County in Nebraska leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 83.5% of the vote. Democrats garnered around 14.5%, while Libertarians received a modest 1.9%. The strong Republican preference could suggest a deeply-rooted conservative voter base, while the minimal support for other parties might indicate limited political diversity.
83.55% of voters voted for the Republican party in the 2020 Presidential Election
14.51% of voters voted for the Democrat party in the 2020 Presidential Election
1.94% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Cedar County, Nebraska, has maintained a student-to-teacher ratio between 10 and 11 students per teacher over the past decade, which is consistently below the national average of 14. This could imply more personalized attention for students, potentially leading to better educational outcomes. Real estate agents might use this as a selling point, while it could also impact assessments by insurers and appraisers. For investors and developers, this low ratio might indicate well-funded schools and... Read more
Student-to-teacher ratio in Cedar County, Nebraska over the last 10 years
Over the past decade, Cedar County, Nebraska has showcased a student-to-teacher ratio ranging from approximately 10 to 11 students per teacher, consistently below the national average of 14 students per teacher. For potential residents, this could hint at more individualized attention for students in the classroom, potentially contributing to better educational outcomes. Real estate agents might highlight this as a sales point while insurers and appraisers may consider such figures when assessing community aspects. For investors and developers, understanding these ratios is crucial, as lower ratios might reflect well-funded schools and a possibly attractive environment for families. Overall, the relatively low student-to-teacher ratio in Cedar County suggests a potentially supportive and well-staffed educational infrastructure.
