Chase County Real Estate and Livability Trends
Chase County, Nebraska's real estate market has seen significant developments with median home values nearly doubling from $91,200 in 2015 to $176,900 in 2022, surpassing both state and national trends. Rising real estate taxes, peaking at $4,185.71 per return in 2021, hint at increased property valuations or tax rates. Simultaneously, a surge in mortgages for principal residences indicates... Read more
Chase County Market Trends
Chase County, Nebraska, has seen median home values nearly double from $91,200 in 2015 to $176,900 in 2022, outpacing state and national averages. Residential energy tax credits have risen significantly, hinting at increased investment in energy-efficient improvements. Real estate taxes peaked at $4185.71 per return in 2021, suggesting rising property valuations or tax rates. Stable farm tax... Read more
Median Value of Occupied Housing Units in Chase County, Nebraska Over the Last 8 Years
Over the past 8 years, Chase County, Nebraska, has experienced a significant increase in median home values, jumping from $91,200 in 2015 to $176,900 in 2022. This growth outpaced both the state of Nebraska and the national averages, where median values rose from $133,200 to $205,600 and $125,500 to $179,400, respectively, during the same period. Such a trend suggests perhaps rising demand and limited supply locally, making Chase County an increasingly attractive area for potential homeowners, investors, and developers.
Residential Energy Tax Credit Per Tax Return in Chase County, NE Over the Last 2 Years
Chase County, Nebraska, has seen a notable increase in the average residential energy tax credit per tax return over the last two years, jumping from $225.00 in 2013 to $400.00 in 2014. This trend suggests a growing investment in energy-efficient home improvements, which could be appealing for potential homeowners looking to lower their long-term utility costs. Real estate agents, investors, and insurance agents may find this uptick in energy credits indicative of increasing property value and reduced risk due to modernized, more efficient homes.
Average Real Estate Taxes Per Tax Return in Chase County, NE Over the Last 10 Years
Chase County, Nebraska has shown notable fluctuations in average real estate taxes per tax return over the past decade, experiencing a general upward trend. Notably, real estate taxes spiked in 2014 and again beginning in 2019, with a marked increase in 2021, peaking at $4185.71 per return. This is a significant rise from earlier years like 2012 at $2543.75. Such data points might suggest rising property valuations or increased tax rates, critical information for potential investors, real estate agents, and financial planners.
Percentage of Farm Returns in Chase County, NE Over the Last 10 Years
Chase County, Nebraska has seen relatively stable percentages of farm tax returns over the last decade, fluctuating modestly around the 18.0% to 19.5% range. Farm tax returns indicate the portion of total tax returns filed by individuals or entities engaged in agricultural activities, shedding light on the agricultural backbone of the local economy. For investors and property developers, this stability could hint at a resilient agricultural sector, providing opportunities for agribusiness ventures. Prospective residents can infer a community with a strong farming presence, contributing to a rural, community-focused lifestyle.
Number of Mortgages by Occupancy Type in Chase County, NE Over the Last 5 Years in Chase County
Chase County, Nebraska has seen fluctuations in the number of mortgages for different occupancy types over the past five years, with a notable trend in increasing activity for principal residences. In 2021 alone, principal residence mortgages surged to 170, possibly indicating heightened homeownership interest or a better economic climate. Conversely, investment property mortgages have not shown the same growth, which could suggest either a stable rental market or limited interest in real estate investment within the county. Understanding these trends is crucial for investors assessing property demand, appraisers anticipating future market conditions, and real estate agents strategizing client consultations. For those considering moving to or building in Chase County, the prevalence of principal residences suggests a predominantly owner-occupied environment, which might imply a more community-oriented and stable neighborhood dynamic.
Economic Outlook
Chase County, Nebraska's average taxable income per tax return has experienced notable fluctuations, dropping to about $48,700 in 2016, and then steadily increasing to peak at $70,948.59 in 2021. Meanwhile, average state and local income taxes have shown variability too, with a significant spike in 2016 at $10,328.13. Tax liability trends have also oscillated, peaking at $11,945.39 in 2012 before a low of $8,266.20 in 2017, then recovering to $10,314.97 by 2021. These economic indicators might... Read more
Average Taxable Income per Tax Return in Chase County, NE over the last 9 years
Average taxable income per tax return in Chase County, Nebraska may reflect varied economic conditions over the past nine years. From 2013 to 2014, the average taxable income hovered around $59,000, before dipping to approximately $48,700 in 2016. This could be attributed to localized economic fluctuations or broader economic phenomena. Income appears to have steadily increased post-2016, peaking at an estimated $70,948.59 in 2021. Such trends could be appealing for potential investors, property developers, and real estate agents considering economic growth patterns. For appraisers and insurance agents, understanding the income trends might provide insights into property valuations and risk assessments.
Average State and Local Income Taxes Per Tax Return in Chase County, NE Over the Last 10 Years
Chase County, Nebraska has seen significant fluctuations in average state and local income taxes per tax return over the past decade, with a notable spike in 2016 at $10,328.13, followed by a drop to $7,011.11 in 2019. More recently, 2020 and 2021 taxes averaged over $10,000. Such variability might be of interest to potential investors, real estate agents, and insurance agents as it could reflect changing economic conditions, shifts in population demographics, or alterations in local tax policies. Understanding these trends could provide crucial insights for making informed decisions regarding property investments or relocations.
Average Total Tax Liability Per Tax Return in Chase County, NE Over the Last 10 Years
Over the past decade, Chase County, Nebraska has seen a fluctuating trend in average total tax liability per tax return, peaking at $11,945.39 in 2012 before dropping to lows around $8,266.20 in 2017. Notably in recent years, tax liabilities have shown signs of recovery, reaching $10,314.97 in 2021. This ebb and flow could reflect local economic conditions, policy changes or demographic shifts, and is something potential investors, real estate agents, and residents should monitor closely.
Cost of Living in Chase County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,146 | $1,379 | $2,648 | $1,271 | $1,553 |
| 1 adult 4 children | $1,146 | $1,126 | $2,031 | $1,271 | $1,673 |
| 2 adults 3 children | $1,146 | $1,127 | $2,295 | $1,271 | $1,262 |
| 1 adult 3 children | $1,146 | $920 | $1,677 | $1,271 | $1,361 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $974 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $959 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $867 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $698 |
| 2 adults | $731 | $586 | $1,234 | $0 | $721 |
| 1 adult | $562 | $319 | $617 | $0 | $571 |
Safety trends & Data
Chase County, Nebraska's real estate market may benefit from its relatively low property crime rates. In 2018, incidents were minimal with only one or two occurrences of larceny-theft, motor vehicle theft, forgery, counterfeiting, and fraud. In 2019, while fraud rates remained stable, there was only one case of stolen property. These figures could potentially attract investors, insurers, and new residents who prioritize... Read more
Property Crime Trends in Chase County, NE Over the Last 2 Years
Property crime in Chase County, Nebraska appears to be relatively low. In 2018, there were incidents of larceny-theft, motor vehicle theft, forgery and counterfeiting, and fraud, each registering one or two occurrences. By 2019, the rate of fraud remained consistent, but there was a single instance involving stolen property. While not high in volume, these reported crimes may offer insight into local safety and potential risks for investors, insurers, and residents considering the area.
Demographics
Chase County, Nebraska, boasts a slightly higher female population than male. Educational attainment levels highlight a strong presence of high school graduates, but fewer residents hold higher degrees. The age demographic shows a balanced distribution across different age groups with a slight peak in the under 10 and 75+ age categories. The community is predominantly White, but there is a modest representation of other racial groups. This mix suggests educational and social services should... Read more
Race Distribution in Chase County, Nebraska (2022)
Educational Attainment in Chase County, Nebraska (2022)
Age Distribution in Chase County, Nebraska
Citizen Population in Chase County, Nebraska (2022)
Political Trends & Data
Chase County, Nebraska displayed a strong Republican preference in the 2020 U.S. Presidential Election, with approximately 87.3% of votes favoring the GOP. Democrats made up about 11.3%, and the Libertarian party collected roughly 1.4%. This voting pattern suggests a predominantly conservative local electorate, which may influence future political and policy decisions in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Chase County, Nebraska showed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with nearly 87.3% of the votes. Democrats accounted for roughly 11.3%, while the Libertarian party garnered about 1.4%. This distribution could suggest a strong conservative presence, potentially impacting local policies and political dynamics in future elections.
87.31% of voters voted for the Republican party in the 2020 Presidential Election
11.34% of voters voted for the Democrat party in the 2020 Presidential Election
1.35% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Chase County, Nebraska's student-to-teacher ratio has shifted from about 10 students per teacher in the early-to-mid 2010s to around 12 recently, still below the national average of 14. For families, this suggests potential for more individualized attention in local schools, an appealing factor when considering relocation. Real estate agents might highlight this trend to attract homebuyers, and it could positively affect property values for appraisers and investors. The lower ratio may also... Read more
Student-to-teacher ratio in Chase County, Nebraska over the last 10 years
Chase County, Nebraska has seen its student-to-teacher ratio fluctuate over the last decade, rising from approximately 10 students per teacher in the early-to-mid 2010s to around 12 in more recent years, with some peaks and troughs. This is lower than the current US national average of 14 students per teacher, suggesting that Chase County schools might offer more individualized attention. This trend could be appealing for families considering relocation for better educational support, while real estate agents might leverage this to attract homebuyers. For appraisers and investors, this stability in educational metrics may indicate a solid community foundation that can affect property values positively. Insurance agents might note the likelihood of lower risks tied to well-supported educational environments. Builders could see demand for family-friendly residential areas, knowing the local schools support smaller class sizes.
