Colfax County Real Estate and Livability Trends

Median home values in Colfax County, Nebraska saw some instability over the past eight years, dipping to $87,800 in 2018 and peaking at $103,400 in 2022. These figures are significantly lower than the state's median of $205,600 in 2022, suggesting more affordable investment opportunities in Colfax County. The average residential energy tax credits per tax return showed considerable fluctuation,... with a notable peak at $1,600.00 in 2019, hinting at heightened investments in energy efficiency. Real estate taxes per tax return have increased markedly from $2,334.62 in 2012 to $3,650.00 by 2021, pointing to potentially higher property values and demand but also rising costs. Farm tax returns have remained relatively stable, suggesting a steady agricultural sector, while shifts in mortgage types indicate significant community growth or demographic changes. Read more

Over the past nine years, average taxable income per tax return in Colfax County, Nebraska has generally been on the rise, starting at $44,776.45 in 2013 and reaching $60,251.98 in 2021. This increase might suggest growing economic stability, making the area potentially more attractive for investors and new residents. Notably, state and local income taxes per return have seen significant drops, from $7,398.08 in 2012 to $2,762.50 in 2018, hinting at a dynamic fiscal landscape. Total tax... liability has also fluctuated, peaking in 2012 at $7,712.24 and again in 2021 at $7,336.56, with a notable dip to $5,654.08 in 2018. These variations in tax metrics could be crucial for real estate agents and investors assessing the local market's financial demands. Read more

Colfax County, Nebraska, has experienced variable property crime trends over the past five years, providing valuable insights for investors and home buyers. Vandalism peaked at 12.00 cases in 2018 but has generally declined, while larceny-theft, the most consistently reported crime, peaked at 8.00 in 2019 and dropped to 3.00 by 2022. Motor vehicle theft and fraud incidents display inconsistent patterns, underscoring the unpredictable nature of property crime in the area, which might influence... real estate decisions and the perception of economic stability. Read more

Colfax County, Nebraska has a slightly higher male than female population, with 2999 males to 2552 females, potentially influencing the community's gender dynamics. The educational attainment data shows a significant portion of the population only reaching high school graduation (1869), with fewer advancing to bachelor's (649) or graduate degrees (197), suggesting a focus on higher education could benefit the area. The age distribution indicates a strong presence of young children and... middle-aged adults, hinting at a diverse generational mix that may affect local services and community activities. Racially, the overwhelming majority are White (6883), yet there's noticeable diversity with 1279 identifying as some other race and smaller groups of Black or African American, American Indian, and Alaska Native residents. Read more

In Colfax County, Nebraska, the 2020 U.S. Presidential Election likely saw the Republican party capturing about 71% of the vote, indicating a strong conservative preference. Democrats seemed to lag behind with just over 25%, and Libertarians only managed around 1.5%. This voting pattern could offer valuable insights into the county's political... landscape. Read more

Colfax County, Nebraska has seen notable fluctuations in its student-to-teacher ratio, ranging from a peak of 37 students per teacher in 2016 to a low of 12 in 2015. This variability surpasses the national average of 14, hinting at potential inconsistencies in educational quality and resource distribution. Such dynamics may influence real estate decisions, impacting property values, appraisals, and insurance assessments, given the importance of educational quality in determining community... appeal. Read more