Frontier County Real Estate and Livability Trends
In Frontier County, Nebraska, average taxable income per tax return has fluctuated significantly over the past decade, with a peak at $46,909.65 in 2014 and a dip to $32,368.10 in 2017, now leveling around $38,000 to $44,000. Housing values have steadily increased from $87,400 in 2015 to $124,500 in 2022, still below state and national averages. This affordability might attract buyers seeking... Read more
Frontier County Market Trends
Housing values in Frontier County, Nebraska have seen a steady increase over the last 8 years, rising from $87,400 in 2015 to $124,500 in 2022; despite this, they remain notably lower than the state and national averages. This affordability could be enticing for buyers seeking lower-cost housing with consistent value growth. The variability in real estate taxes, with figures fluctuating between... Read more
Median Value of Occupied Housing Units in Frontier County, Nebraska Over the Last 8 Years
Over the last 8 years, median home values in Frontier County, Nebraska have steadily risen from $87,400 in 2015 to $124,500 in 2022. Although the increase is significant, Frontier County's home values remain substantially lower than both the state average of Nebraska, which climbed from $133,200 to $205,600 during the same period, and the national average, which rose from $125,500 to $179,400. This affordability might attract prospective buyers looking for lower housing costs while still benefiting from consistent value growth.
Average Real Estate Taxes Per Tax Return in Frontier County, NE Over the Last 6 Years
Over the past six years, average real estate taxes per tax return in Frontier County, Nebraska have shown some fluctuation, with a notable dip in 2014 to $1,746.15 and a peak in 2017 at $2,091.67. This variability makes it crucial for prospective investors and property developers to incorporate potential tax changes into their financial planning. While 2013 saw a decrease to $1,885.71, the subsequent year’s decline and the uptick in 2015 and 2017 suggest that tax trends might not follow a predictable path. For real estate agents and insurance providers, understanding these trends can help tailor more accurate services and better advise clients on market conditions in the area.
Percentage of Farm Returns in Frontier County, NE Over the Last 10 Years
Over the past decade, Frontier County, Nebraska has shown some variability in the percentage of farm tax returns, ranging approximately between 25.56% and 28.32%. This indicates steady agricultural activity, with a slight downward trend. Farm tax returns reflect the number of individuals or entities reporting farm income on their taxes, offering insight into the agricultural sector's health. For investors or homebuilders, these figures can suggest the local economy's stability and potential for growth.
Number of Mortgages by Occupancy Type in Frontier County, NE Over the Last 5 Years in Frontier County
There's been a noticeable uptick in the number of mortgages for principal residences in Frontier County, Nebraska from 2019 to 2020, with a smaller decline in the subsequent years. This trend might indicate a peak period where more people were opting to make Frontier County their primary home. Comparatively, investment property mortgages have remained relatively low and stable, which could suggest a less aggressive investment market in the county. For real estate agents, this might mean focusing more on selling principal residences rather than investment properties. Meanwhile, appraisers and insurance agents might find these shifts significant as they could influence property values and insurance rates. Builders and those looking to invest in property might also see this as a sign of the county's residential growth potential. Understanding these patterns can help in making more informed decisions based on what type of occupancy is on the rise.
Economic Outlook
In Frontier County, Nebraska, average taxable income per tax return has notably fluctuated over the past decade, peaking at $46,909.65 in 2014 and dropping to $32,368.10 in 2017, with recent stabilization around $38,000 to $44,000. These income swings suggest a diverse economic landscape with potential volatility affecting financial planning and investment strategies. Average state and local income taxes per tax return have also varied, highlighting fluctuations in local economic conditions or... Read more
Average Taxable Income per Tax Return in Frontier County, NE over the last 9 years
The average taxable income per tax return in Frontier County, Nebraska has shown notable fluctuations over the past nine years, peaking at $46,909.65 in 2014 and dropping to a low of $32,368.10 in 2017. Recent years indicate some stabilization around $38,000 to $44,000, with the most recent figure being $37,293.10 in 2021. These trends could suggest a diverse economic landscape where income volatility might affect financial planning and investment strategies. For real estate professionals, investors, and insurance agents, understanding these income patterns may be critical in assessing market potential and planning for economic variability in this region.
Average State and Local Income Taxes Per Tax Return in Frontier County, NE Over the Last 6 Years
In Frontier County, Nebraska, the average state and local income taxes per tax return have fluctuated over the past six years, peaking in 2013 at $7,133.33 and dipping to a low in 2017 with $4,933.33. Such variability could indicate changes in local economic conditions or tax policy adjustments. This trend is crucial for investors, potential residents, appraisers, insurance agents, and real estate professionals looking to understand the tax landscape, which can impact property values and cost of living.
Average Total Tax Liability Per Tax Return in Frontier County, NE Over the Last 10 Years
In Frontier County, Nebraska, the average total tax liability per tax return has seen considerable fluctuations over the past decade. Starting from a high of $7,419.77 in 2012, there was a general decline reaching a low of $5,445.57 in 2018. More recently, a sharp increase is notable, with a peak at $8,542.53 in 2021. For those considering investment or relocation in this county, these variations hint at underlying economic or policy shifts impacting taxpayers, which might have implications for future financial planning and stability. Understanding these trends can be crucial for investors, property developers, or residents to anticipate changes in fiscal responsibilities and to strategize accordingly.
Cost of Living in Frontier County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,028 | $1,323 | $2,648 | $1,271 | $1,498 |
| 1 adult 4 children | $1,028 | $1,080 | $2,031 | $1,271 | $1,618 |
| 2 adults 3 children | $1,028 | $1,081 | $2,295 | $1,271 | $1,212 |
| 1 adult 3 children | $1,028 | $882 | $1,677 | $1,271 | $1,307 |
| 2 adults 2 children | $826 | $885 | $1,941 | $1,105 | $985 |
| 1 adult 2 children | $826 | $661 | $1,324 | $1,105 | $976 |
| 2 adults 1 child | $826 | $699 | $1,588 | $564 | $877 |
| 1 adult 1 child | $826 | $452 | $971 | $564 | $707 |
| 2 adults | $628 | $562 | $1,234 | $0 | $692 |
| 1 adult | $562 | $306 | $617 | $0 | $574 |
Safety trends & Data
Frontier County, Nebraska witnessed limited but notable property crime over the past two years. In 2019, there were minor incidences of burglary and fraud with 2 and 3 arrests, respectively. Larceny-theft emerged as a concern in 2020 despite only 1 recorded arrest. These emerging trends in property crime could be vital for real estate professionals and potential investors to monitor for community and property... Read more
Property Crime Trends in Frontier County, NE Over the Last 2 Years
Frontier County, Nebraska saw limited but notable property crime over the past two years. In 2019, burglary and fraud had minor incidences with 2 and 3 recorded arrests, respectively. However, larceny-theft became a concern in 2020, though only 1 arrest was recorded. This suggests emerging trends in property crime that could be vital for potential investors, real estate professionals, and residents to monitor for community and property safety.
Demographics
Frontier County, Nebraska, has more males than females, hinting at potential socio-economic factors at play. Education-wise, a sizable portion of the population has achieved some college education without a degree, underscoring a possible opportunity for higher education initiatives. The age distribution skews older, particularly in the 55 to 64 years and 65 to 74 years brackets, which may influence local healthcare and housing needs. The racial composition is predominantly White, while there... Read more
Race Distribution in Frontier County, Nebraska (2022)
Educational Attainment in Frontier County, Nebraska (2022)
Age Distribution in Frontier County, Nebraska
Citizen Population in Frontier County, Nebraska (2022)
Political Trends & Data
Frontier County, Nebraska, seems to be a predominantly conservative area, with Republicans securing nearly 86% of the vote in the 2020 U.S. Presidential Election. Democrats managed just over 13%, while Libertarians took a bit more than 1.5%. This political landscape might influence the local real estate market, often reflecting conservative values and preferences in housing and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Frontier County, Nebraska, showed a strong Republican tilt with nearly 86% of the vote going to the GOP in the 2020 U.S. Presidential Election. Democrats managed to secure a little over 13%, while Libertarians captured just over 1.5%. No significant votes were recorded for Green or other parties. This suggests that Frontier County is likely a predominantly conservative area.
85.35% of voters voted for the Republican party in the 2020 Presidential Election
13.13% of voters voted for the Democrat party in the 2020 Presidential Election
1.53% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Frontier County, Nebraska has consistently boasted a favorable student-to-teacher ratio of 8-9 students per teacher over the past decade, well below the national average of 14. This could imply better personalized instruction and enhanced educational quality, which may be appealing to families considering relocation. For real estate agents and investors, such a statistic could be leveraged as a selling point, potentially boosting local property values and drawing interest from new residents and... Read more
Student-to-teacher ratio in Frontier County, Nebraska over the last 10 years
Frontier County, Nebraska has maintained a relatively low student-to-teacher ratio over the past ten years, ranging from 8 to 9 students per teacher. This is significantly lower than the national average of 14 students per teacher. Such a favorable ratio can potentially enhance individualized attention and personalized instruction, making it an attractive point for families considering relocation. For investors and real estate agents, this aspect might be a strong selling point, indicating quality in local education. Lower ratios could also appeal to educators and school administrators aiming for more manageable classroom sizes. Lower ratios can suggest a stable or even increasing level of investment in education infrastructure, potentially affecting local property values and making the area more appealing to new residents.
