Cheyenne County Real Estate and Livability Trends
Cheyenne County, Nebraska, has seen varied economic patterns that could influence real estate dynamics. Average taxable incomes fluctuated significantly, peaking at $71,350.23 in 2017 before dropping to $53,942.13 in 2019, affecting property market stability. Median home values also experienced swings, dropping to $98,700 in 2020 and rising to $117,300 by 2022, unlike the steadier growth trends... Read more
Cheyenne County Market Trends
Cheyenne County, Nebraska's real estate market features significant swings in median home values, hitting a low of $98,700 in 2020 before climbing to $117,300 in 2022. This volatility contrasts with the more stable growth seen at both the state and national levels. Real estate taxes have generally trended upward over the last decade, jumping from $3,765.14 in 2012 to $5,038.46 in 2021, possibly... Read more
Median Value of Occupied Housing Units in Cheyenne County, Nebraska Over the Last 8 Years
Median home values in Cheyenne County, Nebraska have experienced a wide range, dipping to $98,700 in 2020 before rising to $117,300 by 2022. This fluctuation contrasts with the steady increase seen both at the state level, where values climbed from $133,200 in 2015 to $205,600 in 2022, and nationally, where values rose from $125,500 in 2015 to $179,400 in 2022. Potential investors or residents might find Cheyenne County appealing for its affordability compared to broader trends, although the volatility suggests careful consideration.
Residential Energy Tax Credit Per Tax Return in Cheyenne County, NE Over the Last 8 Years
Cheyenne County, Nebraska has shown fluctuating trends in residential energy tax credits per tax return over the past eight years. The average credit was highest in 2016 at $542.86 and saw significant drops in 2015 to $228.57 and 2017 to $166.67. Notably, there was no reported data for 2018. Investors, developers, and residents may find these variations indicative of changing local energy policies or economic conditions affecting energy efficiency upgrades. This pattern could potentially influence real estate values, property appraisals, and insurance evaluations in the area.
Average Real Estate Taxes Per Tax Return in Cheyenne County, NE Over the Last 10 Years
Over the last decade, real estate taxes in Cheyenne County, Nebraska have shown a consistent upward trend with some fluctuations. Starting at $3,765.14 per tax return in 2012, the taxes experienced dips and rises but increased significantly by 2021, reaching $5,038.46. This steady rise in taxes might suggest growing property values or changes in local tax policy, making it a key consideration for investors, homebuyers, and renters. For real estate agents and appraisers, this pattern could indicate a potentially appreciating market, while insurance agents might need to account for higher property values in their calculations.
Percentage of Farm Returns in Cheyenne County, NE Over the Last 10 Years
Cheyenne County, Nebraska has seen a generally stable trend in the percentage of farm tax returns over the last decade, with minor fluctuations. Between 2012 and 2021, the percentage ranged from roughly 9.45% to a peak of about 10.79% in 2018. These percentages hint at a consistent agricultural presence, making it relevant for those looking to invest, move to, or build property in an area where farming maintains an economic role. Farm tax returns, representing income from agricultural activities, offer a lens into the viability and productivity of the farming sector in this locale, impacting property values, and economic stability.
Number of Mortgages by Occupancy Type in Cheyenne County, NE Over the Last 5 Years in Cheyenne County
In Cheyenne County, Nebraska, data over the past five years reveals fluctuations in the number of mortgages across different occupancy types. Investment property mortgages saw a modest but noticeable rise from 8 in 2019 to a peak of 37 in 2021 before a slight drop in 2022. Meanwhile, principal residences dominated the mortgage landscape, with a significant peak of 421 in 2021, though dipping to 259 in 2022. Second residences consistently remained the least common, peaking at 12 in 2021. These shifts can hint at varying investor confidence and living priorities, influencing market dynamics critical for investors, appraisers, and real estate professionals looking to gauge the economic pulse and housing demand. arious county in Nebraska over the past five years highlights distinct occupancy trends.
Economic Outlook
Cheyenne County, Nebraska, has shown a varied economic landscape in recent years, with average taxable income peaking at $71,350.23 in 2017 but dipping to $53,942.13 in 2019. This volatility may influence property investment decisions, as fluctuating incomes can impact market demand and affordability. Moreover, state and local income taxes have also seen changes, notably falling to $6,815.38 in 2020 before slightly rebounding. These trends could suggest broader economic shifts that affect... Read more
Average Taxable Income per Tax Return in Cheyenne County, NE over the last 9 years
Cheyenne County, Nebraska has shown a fluctuating pattern in average taxable income over the past nine years, with peaks in 2013 ($66,711.72), 2017 ($71,350.23), and more recently in 2021 ($64,223.73). However, there's been a noticeable dip starting in 2015 down to $62,248.79 and bottoming out in 2019 at $53,942.13. This trend suggests a somewhat volatile economic environment, which might impact decisions around property investments and real estate activities. It could be vital for potential investors, property developers, and real estate agents to consider these income shifts as they might influence affordability and market demand.
Average State and Local Income Taxes Per Tax Return in Cheyenne County, NE Over the Last 10 Years
Cheyenne County, Nebraska has seen fluctuations in average state and local income taxes per tax return over the last decade. The taxes peaked around 2013 at about $9,450.46 but have since trended downward, hitting a low in 2020 at approximately $6,815.38, and slightly rebounding to $7,150.00 by 2021. These fluctuations could be indicative of broader economic trends impacting disposable income or changes in tax policy within the county. For potential investors, this trend might suggest varying levels of economic stability. It's also noteworthy for appraisers and insurance agents to consider these figures when evaluating property values and risk assessments.
Average Total Tax Liability Per Tax Return in Cheyenne County, NE Over the Last 10 Years
Over the last decade, Cheyenne County, Nebraska has experienced significant fluctuations in average total tax liability per tax return, peaking at $15,418.80 in 2013 and dipping to a low of $7,149.22 in 2019. This volatility might reflect broader economic shifts impacting local income and property values. Investors, real estate agents, and insurance professionals could find these trends indicative of emerging opportunities or risks within the region. Caution should be taken when interpreting these changes; understanding the factors behind these numbers could reveal critical insights for appraisors and potential residents.
Cost of Living in Cheyenne County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,238 | $1,323 | $2,648 | $1,271 | $1,557 |
| 1 adult 4 children | $1,238 | $1,080 | $2,031 | $1,271 | $1,646 |
| 2 adults 3 children | $1,238 | $1,081 | $2,295 | $1,271 | $1,243 |
| 1 adult 3 children | $1,238 | $882 | $1,677 | $1,271 | $1,342 |
| 2 adults 2 children | $902 | $885 | $1,941 | $1,105 | $959 |
| 1 adult 2 children | $902 | $661 | $1,324 | $1,105 | $939 |
| 2 adults 1 child | $902 | $699 | $1,588 | $564 | $855 |
| 1 adult 1 child | $902 | $452 | $971 | $564 | $707 |
| 2 adults | $685 | $562 | $1,234 | $0 | $688 |
| 1 adult | $613 | $306 | $617 | $0 | $554 |
Safety trends & Data
Cheyenne County, Nebraska has experienced fluctuating property crime rates over the last five years, with larceny-theft being the most reported offense, peaking at 46 incidents in 2018 and dropping to 22 by 2022. Burglary and motor vehicle theft occurrences have remained relatively low, while vandalism witnessed a sharp increase in 2019 with 19 cases. Fraud and forgery incidents are sporadic and low, possibly indicating lesser concerns for investors and property developers. The declining trend... Read more
Property Crime Trends in Cheyenne County, NE Over the Last 5 Years
Over the last five years, Cheyenne County, Nebraska has seen fluctuations in property crimes, with larceny-theft consistently being the most reported offense, peaking at 46 incidents in 2018 but dropping to 22 by 2022. Burglary and motor vehicle theft occurrences have remained relatively low, while vandalism saw a sharp increase in 2019 with 19 cases, then varying each year. Noticeably, fraud and forgery incidents have been sporadic and low in frequency, potentially indicating lesser concerns for investors and property developers. For those in the real estate and insurance sectors, the declining trend in major property crimes could be a positive sign for the local market's attractiveness and risk profile.
Demographics
Cheyenne County, Nebraska, exhibits a nearly equal gender distribution with a small male majority. Educational attainment trends lean heavily towards high school graduates, with a significant number having some college experience but no degree. The age distribution suggests a balanced mix across various age groups, though there are fewer individuals in their late teens and twenties. The racial composition is predominantly White, with very small percentages of other races, indicating minimal... Read more
Race Distribution in Cheyenne County, Nebraska (2022)
Educational Attainment in Cheyenne County, Nebraska (2022)
Age Distribution in Cheyenne County, Nebraska
Citizen Population in Cheyenne County, Nebraska (2022)
Political Trends & Data
In Cheyenne County, Nebraska, the 2020 U.S. Presidential Election revealed a strong Republican preference, with around 80% of the vote, while Democrats captured about 18%. The Libertarian presence was minor at roughly 2%, and no measurable support was observed for the Green party or other candidates. This polarization and limited third-party influence suggest a dominant Republican landscape with minimal competition for alternative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cheyenne County, Nebraska, the 2020 U.S. Presidential Election results showed a significant lean towards the Republican party, which garnered around 80% of the vote. The Democratic party possibly attracted roughly 18%, while the Libertarian party seemed to hold a minor presence with about 2%. Interestingly, there was no measurable support for the Green party or other candidates, suggesting a highly polarized political landscape with limited third-party influence. Such distribution might indicate strong Republican dominance and a minimal competitive platform for alternative parties in the region.
80.02% of voters voted for the Republican party in the 2020 Presidential Election
17.94% of voters voted for the Democrat party in the 2020 Presidential Election
2.04% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Cheyenne County, Nebraska, the student-to-teacher ratio has been consistently below the national average of fourteen students per teacher, particularly between 2017 and 2023, when it ranged from eight to ten students per teacher. This trend might interest prospective residents or investors as it suggests more individualized attention and potentially better educational outcomes. Families, real estate agents, and educators could see this as a significant advantage for relocating or marketing... Read more
Student-to-teacher ratio in Cheyenne County, Nebraska over the last 10 years
The student-to-teacher ratio in Cheyenne County, Nebraska, has generally been below the national average of fourteen students per teacher over the past decade, with particularly low ratios between 2017 and 2023, ranging from around eight to ten students per teacher. This trend could be of interest to prospective residents or investors as smaller class sizes often suggest more individualized attention and potentially better educational outcomes. Additionally, these figures may resonate positively with families considering a move, real estate agents marketing properties, or educators seeking positions with more favorable working conditions. For appraisers and insurance agents, such trends can provide insights into the community's investment in education, which can be a reflection of broader socioeconomic factors.
