Clay County Real Estate and Livability Trends
Clay County, Nebraska, has seen a notable increase in median home values, climbing from $81,100 in 2015 to $129,600 in 2022, which might appeal to those seeking affordable housing options. Average taxable income also rose from $58,042.71 in 2013 to $76,343.16 in 2021, suggesting a potentially strengthening local economy. However, state and local income taxes have fluctuated, dropping from a peak... Read more
Clay County Market Trends
Clay County, Nebraska has witnessed a consistent rise in median home values, climbing from $81,100 in 2015 to $129,600 in 2022, which could attract those seeking affordable housing options in the state. Residential Energy Tax Credit fluctuations are notable, with the highest at $460.00 in 2016 and recent years averaging between $250.00 and $300.00, potentially reflecting changing energy... Read more
Median Value of Occupied Housing Units in Clay County, Nebraska Over the Last 8 Years
Clay County, Nebraska has experienced a consistent increase in median home values over the past eight years, rising from $81,100 in 2015 to $129,600 in 2022. While this upward trend mirrors national and state patterns, Clay County's median values remain significantly lower than both the Nebraska state median, which reached $205,600 in 2022, and the national median of $179,400. This could make Clay County an attractive option for those seeking more affordable housing within Nebraska, offering potential for investment opportunities as prices continue to climb.
Residential Energy Tax Credit Per Tax Return in Clay County, NE Over the Last 7 Years
The Residential Energy Tax Credit per tax return in Clay County, Nebraska, has seen notable fluctuations over the last seven years. From a low of $200.00 in 2015 to a high of $460.00 in 2016, the credit amounts can vary significantly year-to-year. Recent years show a more stable range, hovering between $250.00 and $300.00 from 2019 to 2021. This trend may indicate changing energy efficiency initiatives or regulations influencing taxpayer benefits. For investors and homeowners, understanding these credits can be crucial for budgeting energy-efficient upgrades and potentially maximizing return on investment.
Average Real Estate Taxes Per Tax Return in Clay County, NE Over the Last 10 Years
Over the past decade, real estate taxes in Clay County, Nebraska, have shown a general uptrend, with noticeable fluctuations. From a low point of around $2,124.32 in 2016, the taxes have risen to approximately $3,271.43 by 2021. This steady increase might interest potential investors and real estate agents as a sign of rising property values and local investment potential. However, it also suggests higher costs for property owners, which might be relevant for appraisers and insurance agents assessing the financial landscape in the area.
Percentage of Farm Returns in Clay County, NE Over the Last 10 Years
Over the past decade, Clay County, Nebraska has seen fluctuating percentages of farm tax returns, ranging from a high of around 14.19% in 2013 to a low of roughly 12.28% in 2020. These numbers may reflect varying agricultural profitability and economic pressures affecting farmers in the area. Such trends could suggest potential volatility that prospective investors and new residents should consider if planning to engage in local agricultural activities or property investments.
Number of Mortgages by Occupancy Type in Clay County, NE Over the Last 5 Years in Clay County
Clay County, Nebraska has shown fluctuating trends in mortgage counts over the past five years, particularly showing a notable spike in principal residence mortgages in 2021. Investment property mortgages have seen a general decline since 2020, while second residence mortgages have remained consistently low. Changes in occupancy type matter because they can indicate shifting demands in the local real estate market, influencing property values, investment opportunities, and insurance risk assessments. An increase in principal residence mortgages might suggest a growing population or improved economic conditions, which could be beneficial for real estate agents and investors looking for growth potential. Conversely, the stability in second residence counts may imply limited demand for vacation homes, impacting appraisals and development plans accordingly.
Economic Outlook
Clay County, Nebraska has seen a gradual increase in average taxable income per tax return, growing from $58,042.71 in 2013 to $76,343.16 in 2021. This upward trend could hint at a strengthening local economy, potentially making it more appealing for investments and new residents. However, average state and local income taxes have fluctuated significantly, peaking at around $9,691.67 in 2013 and then declining to approximately $6,133.33 by 2021. Total tax liabilities also show volatility, with... Read more
Average Taxable Income per Tax Return in Clay County, NE over the last 9 years
Clay County, Nebraska has exhibited a gradual increase in average taxable income per tax return over the last nine years. The income consistently rose from $58,042.71 in 2013 to a peak of $76,343.16 in 2021, with minor fluctuations mid-decade. This upward trend could suggest a strengthening local economy, possibly making it a more attractive area for investments and new residents. These figures may be of particular interest to real estate agents, appraisers, and insurance agents who are evaluating the market's growth trajectory.
Average State and Local Income Taxes Per Tax Return in Clay County, NE Over the Last 10 Years
Clay County, Nebraska has seen some notable fluctuations in average state and local income taxes per tax return over the past decade. Starting at approximately $7,417.39 in 2012, taxes reached a peak of around $9,691.67 in 2013 before gradually decreasing to about $6,133.33 by 2021. This trend might suggest a shifting economic landscape or varying fiscal policies impacting residents' tax burdens, which could be particularly relevant for real estate investors, property developers, and insurance agents assessing future financial commitments in the area.
Average Total Tax Liability Per Tax Return in Clay County, NE Over the Last 10 Years
Over the last 10 years, tax liability per tax return in Clay County, Nebraska has generally fluctuated, with notable decreases from 2012's $10,956.76 to 2018's low of $8,253.81, and a subsequent rise peaking at $11,424.03 in 2021. This volatility could reflect changing economic conditions, property values, or tax policy impacts in the county. Investors, property developers, and real estate professionals might see value in the potential for tax liabilities to fluctuate, suggesting a need for careful tax planning.
Cost of Living in Clay County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,343 | $2,140 | $1,271 | $1,270 |
| 1 adult 4 children | $1,005 | $1,097 | $1,638 | $1,271 | $1,412 |
| 2 adults 3 children | $1,005 | $1,097 | $1,856 | $1,271 | $1,022 |
| 1 adult 3 children | $1,005 | $896 | $1,354 | $1,271 | $1,136 |
| 2 adults 2 children | $826 | $898 | $1,571 | $1,105 | $874 |
| 1 adult 2 children | $826 | $671 | $1,070 | $1,105 | $865 |
| 2 adults 1 child | $826 | $710 | $1,287 | $564 | $790 |
| 1 adult 1 child | $826 | $459 | $786 | $564 | $653 |
| 2 adults | $675 | $570 | $1,003 | $0 | $648 |
| 1 adult | $562 | $311 | $502 | $0 | $546 |
Safety trends & Data
Property crime rates in Clay County, Nebraska have fluctuated slightly, with larceny-theft incidents halving from 2.0 in 2019 to 1.0 in 2021. Motor vehicle theft and fraud incidents each recorded 1.0 occurrence in 2021, indicating diverse but generally low crime rates. These trends might offer valuable insights for investors, real estate agents, and insurance companies focusing on risk assessment and market... Read more
Property Crime Trends in Clay County, NE Over the Last 2 Years
Property crime rates in Clay County, Nebraska have shown some variability over the past two years. Larceny-theft incidents have decreased from 2.0 in 2019 to 1.0 in 2021. Motor vehicle theft and fraud both recorded 1.0 incident each in 2021, suggesting diverse but relatively low occurrences. These insights could be crucial for potential investors, real estate agents, and insurance companies assessing risk and market stability in the area.
Demographics
The adult population of Clay County, Nebraska, shows a slight male majority. Education levels indicate most adults have at least a high school diploma, with some holding advanced degrees. Age distribution reveals a balanced spread across age groups, with a noticeable concentration in the 55 to 64-year range. The county is predominantly White, reflecting its demographic homogeneity. These trends could inform local policymakers and businesses on potential workforce qualifications, market demands,... Read more
Race Distribution in Clay County, Nebraska (2022)
Educational Attainment in Clay County, Nebraska (2022)
Age Distribution in Clay County, Nebraska
Citizen Population in Clay County, Nebraska (2022)
Political Trends & Data
Clay County, Nebraska, showed a strong Republican preference in the 2020 presidential election, with around 80% of the vote leaning that way. Democrats trailed significantly with roughly 18%, while the Libertarian party captured just over 2%. This conservative voter base could indicate a community more inclined towards traditional values and policies, potentially influencing local real estate trends and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clay County, Nebraska, showed a strong lean towards the Republican party in the 2020 presidential election, with approximately 80% of the votes. Democrats garnered around 18%, significantly trailing the Republican turnout. The Libertarian party managed to capture just over 2% of the vote, reflecting a minimal, yet present, preference for third-party options among voters. This trend underscores a predominantly conservative voter base in the area.
80.04% of voters voted for the Republican party in the 2020 Presidential Election
17.76% of voters voted for the Democrat party in the 2020 Presidential Election
2.19% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, Clay County, Nebraska's student-to-teacher ratio has seen fluctuations, peaking in 2018 at around 17 students per teacher and dropping to as low as 12 in 2021. This variability might impact investment decisions, as lower ratios often imply better educational attention per student, making the area more attractive to families considering relocation. The county's current ratios hover just below the national average of 14, potentially positioning it favorably among prospective... Read more
Student-to-teacher ratio in Clay County, Nebraska over the last 10 years
Over the past decade, Clay County, Nebraska's student-to-teacher ratio has seen some fluctuations, peaking in 2018 at around 17 students per teacher and dropping to as low as 12 in 2021. This variability might impact investment decisions, as lower ratios often imply better educational attention per student, making the area more attractive to families considering relocation. Real estate agents and appraisers should note these trends, as they could drive property value shifts. The county's current ratios hover just below the national average of fourteen, potentially positioning it favorably among prospective residents prioritizing education. Insurance agents and those in property development could also find these insights valuable in assessing community growth and risks.
