Douglas County Real Estate and Livability Trends
Douglas County, Nebraska has seen median housing values surge from $145,900 in 2015 to $227,400 in 2022, substantially outpacing state and national averages, which may appeal to investors and homebuyers seeking growth. Average taxable income per tax return peaked at $104,773.39 in 2021, hinting at a stable economic environment. The county's fluctuating student-to-teacher ratios, which dropped... Read more
Douglas County Market Trends
Douglas County, Nebraska's median housing values have surged from $145,900 in 2015 to $227,400 in 2022, notably outpacing state and national averages. Real estate tax returns have nearly doubled over the past decade, climbing from around $4,449.43 in 2012 to $8,169.32 by 2021, indicating potential financial strain but also improved local services. Residential energy tax credits have fluctuated... Read more
Median Value of Occupied Housing Units in Douglas County, Nebraska Over the Last 8 Years
Douglas County, Nebraska, has seen a robust increase in median housing values over the past eight years, rising from $145,900 in 2015 to $227,400 in 2022. This growth outpaces both the Nebraska state average, which increased from $133,200 to $205,600, and the national average, which went from $125,500 to $179,400 over the same period. Such a trend indicates a strong local real estate market, presenting potential opportunities for investors and homeowners who might see significant returns.
Residential Energy Tax Credit Per Tax Return in Douglas County, NE Over the Last 9 Years
Residential energy tax credits in Douglas County, Nebraska have shown considerable fluctuations over the past nine years. In 2018, there was a significant spike, with the average tax credit per return jumping to $2,603.45, much higher than other years. Typically, the credits hover between $375.75 and $679.84, with the highest values observed in 2021 at $679.84. This trend indicates intermittent but potentially lucrative opportunities for those investing in energy-efficient home upgrades in the area. For appraisers, insurance agents, and real estate agents, understanding these fluctuations can be crucial for assessing property values and making informed decisions.
Average Real Estate Taxes Per Tax Return in Douglas County, NE Over the Last 10 Years
Real estate taxes per tax return in Douglas County, Nebraska have shown a steady increase over the past decade, with a notable jump starting from 2017. The average taxes surged from around $4,449.43 in 2012 to approximately $8,169.32 by 2021. This trend is crucial for prospective investors, homebuyers, and real estate professionals, as escalating property taxes could impact overall affordability and long-term investment returns. Higher taxes may reflect improved local services or rising property values but also suggest a growing financial burden for homeowners in the area.
Percentage of Farm Returns in Douglas County, NE Over the Last 10 Years
Douglas County, Nebraska has shown modest fluctuations in farm returns over the past decade, generally hovering around 0.33% to 0.36% of total returns. The highest point was in 2012 at approximately 0.36%, while it dipped to its lowest in 2020 at about 0.29%. Potential investors and newcomers should consider the relatively low but steady agricultural returns when evaluating the economic landscape and opportunities for expansion or development in the region. Farm tax returns indicate the portion of total tax filings that come from farm-related income, offering insight into the agricultural activity and its impact on local economy. For Douglas County, this data is crucial for understanding its agricultural sector's contribution and stability.
Number of Mortgages by Occupancy Type in Douglas County, NE Over the Last 5 Years in Douglas County
Douglas County, Nebraska has seen dynamic shifts in mortgage origination across different occupancy types over the past five years. There's been a noticeable fluctuation in the number of mortgages for principal residences, with a significant drop from 44,862 in 2020 to 23,453 in 2022. Investment property mortgages peaked in 2020 but have since tapered off. Second residence mortgages remain a tiny fraction of the market. These trends are pivotal for investors and developers, signaling shifts in demand and potential ROI for various property types. For real estate agents and insurance agents, understanding these trends can guide market strategies and risk assessments. Appraisers benefit from knowing which property types dominate, aiding accurate valuations. For those moving to or living in Douglas County, these changes offer insight into the evolving housing landscape and possible future property values.
Economic Outlook
Douglas County, Nebraska has seen a steady rise in average taxable income per tax return over the past nine years, peaking in 2021 at $104,773.39. This upward trend hints at a stable and thriving economic environment, making the area potentially attractive for investors and homebuyers. Additionally, average state and local income taxes per tax return have increased, reaching $10,794.24 in 2021. Coupled with a significant rise in total tax liability per tax return, which grew to $20,120.40 in... Read more
Average Taxable Income per Tax Return in Douglas County, NE over the last 9 years
Douglas County, Nebraska has experienced a steady increase in average taxable income per tax return over the past nine years. This growth is potentially appealing for investors, real estate agents, and those looking to build or move into the area, as it might indicate a relatively stable and economically healthy environment. Notably, the average taxable income surged significantly in 2021, reaching $104,773.39, which could imply a recent upward trend in prosperity within the county. These income trends could be vital for appraisers and insurance agents to consider when evaluating property values and insuring homes in the area.
Average State and Local Income Taxes Per Tax Return in Douglas County, NE Over the Last 10 Years
Douglas County, Nebraska has seen notable increases in average state and local income taxes per tax return over the past decade. Starting at around $7,589.65 in 2012, there have been steady increments, notably reaching $10,794.24 in 2021. The most significant jumps occurred post-2017, likely indicating either rising income levels or tax rate changes impacting residents and businesses. This matters for those looking to invest or move, as it signals economic growth but also points to higher tax obligations. Real estate agents and appraisers should consider these trends when evaluating property values and market conditions.
Average Total Tax Liability Per Tax Return in Douglas County, NE Over the Last 10 Years
Douglas County, Nebraska has seen a noticeable increase in average total tax liability per tax return over the past decade. Starting at around $12,604.17 in 2013, the liability showed significant growth, peaking at $20,120.40 in 2021. Noteworthy jumps occurred between 2014 and 2015 as well as between 2020 and 2021. These trends might hint at economic changes in the area, suggesting potential increases in taxable income or shifts in local tax policies—key points for investors, real estate agents, and anyone planning to move or build property in the region.
Cost of Living in Douglas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,453 | $1,584 | $2,190 | $2,230 | $1,900 |
| 1 adult 4 children | $1,453 | $1,294 | $1,685 | $2,230 | $2,033 |
| 2 adults 3 children | $1,453 | $1,294 | $1,895 | $2,230 | $1,599 |
| 1 adult 3 children | $1,453 | $1,057 | $1,390 | $2,230 | $1,721 |
| 2 adults 2 children | $1,086 | $1,060 | $1,599 | $1,940 | $1,191 |
| 1 adult 2 children | $1,086 | $791 | $1,095 | $1,940 | $1,251 |
| 2 adults 1 child | $1,086 | $837 | $1,304 | $999 | $942 |
| 1 adult 1 child | $1,086 | $541 | $800 | $999 | $824 |
| 2 adults | $891 | $673 | $1,009 | $0 | $680 |
| 1 adult | $803 | $367 | $505 | $0 | $582 |
Safety trends & Data
Douglas County, Nebraska has seen varied property crime rates over the past five years, with larceny-theft peaking at 3,111 incidents in 2019 and then dropping to 65 by 2022. Vandalism also fluctuated, hitting 856 cases in 2020 before decreasing to 53 in 2022. Embezzlement significantly dropped from 24 cases in 2018 to just 1 in 2022. Even burglary and motor vehicle theft, while stable, showed declines in 2021 and 2022. These crime trends could impact property values, insurance costs, and... Read more
Property Crime Trends in Douglas County, NE Over the Last 5 Years
Douglas County, Nebraska has experienced fluctuating property crime trends over the last five years. Larceny-theft consistently leads in numbers, peaking at 3,111 incidents in 2019 before sharply dropping to 65 in 2022. Vandalism also showed significant variation, reaching 856 cases in 2020 but reducing to 53 by 2022. Embezzlement cases fell dramatically from 24 in 2018 to just 1 in 2022. Burglary and motor vehicle theft remained relatively stable but also saw a decrease in 2021 and 2022. These patterns may affect property values, insurance premiums, and the overall perception of safety in the county, potentially influencing real estate investments and residential decisions.
Demographics
Douglas County, Nebraska reveals a near-even split between male and female populations, with females showing a slight majority. The area showcases a well-educated community, as over a third of adults hold a bachelor's or higher degree. Dominated by a younger demographic, there is a strong presence of adults aged 25 to 34, hinting at potential growth in housing and job markets. Racially, the population remains predominantly white, but there is a notable representation of Black or African... Read more
Race Distribution in Douglas County, Nebraska (2022)
Educational Attainment in Douglas County, Nebraska (2022)
Age Distribution in Douglas County, Nebraska
Citizen Population in Douglas County, Nebraska (2022)
Political Trends & Data
Douglas County, Nebraska, exhibited a fascinating voting pattern in the 2020 U.S. Presidential Election. Democrats maybe held a slight lead with nearly 55% of the vote, while Republicans followed at around 43%. Libertarians barely registered with just under 2%, and notably, there were no votes for the Green Party or other candidates. This might point to a stronger polarization towards the major parties, potentially squeezing out smaller parties from making a meaningful... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Douglas County, Nebraska, saw an interesting distribution of votes in the 2020 U.S. Presidential Election. Democrats perhaps had a slight edge, capturing nearly 55% of the vote, with Republicans trailing at around 43%. While Libertarians made a minimal impact with just under 2%, the absence of votes for the Green Party and other candidates is also noteworthy. This could suggest a more significant polarization towards the two major parties, potentially leaving little space for smaller parties to make a significant mark.
43.34% of voters voted for the Republican party in the 2020 Presidential Election
54.68% of voters voted for the Democrat party in the 2020 Presidential Election
1.98% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Douglas County, Nebraska has experienced fluctuating student-to-teacher ratios, peaking at 15 in 2017 and dropping below the national average of 14 in 2019 and 2020. This trend of smaller ratios suggests potentially better educational outcomes, which could attract real estate investors, families, and developers. Local residents might see impacts in school funding or enrollment patterns, raising interest in residential developments while insurers may consider these factors when assessing... Read more
Student-to-teacher ratio in Douglas County, Nebraska over the last 10 years
Douglas County, Nebraska has seen its student-to-teacher ratio fluctuate over the past decade, notably peaking at 15 in 2017 before dropping below the national average of 14 in 2019 and 2020. This decline could be beneficial for anyone looking to invest in educational infrastructure, as smaller ratios often correlate with individualized attention and potentially higher educational outcomes. Real estate agents and families considering moving may find this trend appealing, while insurers might adjust their risk assessments based on the perceived quality of education. Builders and appraisers might see potential in residential developments, though it’s crucial to watch if this trend continues. For those already residing in the area, these ratios could suggest changes in local school funding or enrollment patterns.
