Garden County Real Estate and Livability Trends
Garden County, Nebraska has experienced significant fluctuations in average taxable income and tax liabilities, peaking around $43,624.71 in 2021 with varying tax trends that could influence property value assessments. Median home values rose from $75,000 in 2015 to $91,700 in 2022, notably less than state and national increases, suggesting relative affordability. Fluctuating real estate taxes... Read more
Garden County Market Trends
Garden County, Nebraska has seen median home values rise from $75,000 in 2015 to $91,700 in 2022, a smaller increase than both the state and national figures. This relative affordability could be appealing to investors looking for more stable opportunities. Real estate taxes have varied, peaking at approximately $1,900.00 in 2014 and more recently fluctuating between $1,457.14 and $1,577.78,... Read more
Median Value of Occupied Housing Units in Garden County, Nebraska Over the Last 8 Years
Garden County, Nebraska has seen some fluctuation in median home values over the past eight years, with a significant jump from $75,000 in 2015 to $91,700 in 2022. This is considerably lower than both the state of Nebraska, which surged from $133,200 to $205,600 in the same timeframe, and the national level, which climbed from $125,500 to $179,400. This relatively lower and steadier increase could appeal to investors seeking more stable, yet still appreciating, real estate opportunities in a less volatile market. Buyers might find Garden County an attractive option due to its more affordable entry point compared to broader state and national trends.
Average Real Estate Taxes Per Tax Return in Garden County, NE Over the Last 6 Years
Real estate taxes per tax return in Garden County, Nebraska have shown some variability over the past six years, ranging from a low of approximately $1,311.11 in 2013 to a high of around $1,900.00 in 2014. More recently, figures have hovered between $1,457.14 and $1,577.78. These fluctuations may suggest a changing landscape in property values and local tax policies, which could be crucial for investors, real estate agents, or anyone considering a move to the area. Understanding these trends helps in making informed decisions regarding property investments and insurance assessments.
Percentage of Farm Returns in Garden County, NE Over the Last 10 Years
Farm tax returns in Garden County, Nebraska have generally hovered around 20.43% to 23.26% over the last decade, indicating a fairly stable ratio of farming activities contributing to annual tax filings. The data suggests possible resilience in agricultural businesses, with slight increases, peaking at 23.26% in 2018. Investors and potential residents might find this trend encouraging as it could reflect a steady agricultural sector, potentially offering stable opportunities for growth, employment, and community engagement in a rural setting.
Number of Mortgages by Occupancy Type in Garden County, NE Over the Last 5 Years in Garden County
From 2018 to 2022, Garden County, Nebraska, saw varying mortgage activity across different occupancy types. Principal residences consistently held the majority of mortgage counts, reflecting a steady demand for owner-occupied homes. Investment property mortgages peaked in 2021 but saw a drop thereafter, suggesting a cautious investment climate. Second residences remained relatively stable, with minor fluctuations. Changes in occupancy type can signal shifts in market demands and risk profiles; for investors, a rise in principal residences may indicate a more stable market, whereas insurance agents might see increased risk with higher investment property transactions.
Economic Outlook
Garden County, Nebraska has experienced notable fluctuations in average taxable income over the years, with peaks at $40,167.74 in 2014 and $43,624.71 in 2021, contrasting with lows like $34,415.91 in 2019. These variations might be linked to economic shifts, employment trends, and agricultural performance, offering intriguing insights for investors and real estate professionals. State and local income taxes per tax return have also varied, spiking to $7,054.55 in 2013 then dropping to... Read more
Average Taxable Income per Tax Return in Garden County, NE over the last 9 years
Over the past nine years, Garden County, Nebraska has seen fluctuations in average taxable income per tax return, with notable increases and declines. In 2014, there was a jump to $40,167.74 from $36,947.78 in the previous year. The lowest average income was recorded in 2019 at $34,415.91, while 2021 saw a significant peak at $43,624.71. These changes could be indicative of economic shifts, employment trends, and possibly varying agricultural outputs impacting income levels. This dynamic financial landscape may interest potential investors, real estate agents, and insurance agents who are evaluating economic stability and growth potential in the region.
Average State and Local Income Taxes Per Tax Return in Garden County, NE Over the Last 6 Years
The data reveals fluctuations in average state and local income taxes per tax return over the past six years in Garden County, Nebraska. Starting from $3,390.00 in 2012, there was a notable spike to $7,054.55 in 2013, peaking slightly higher in 2014 at $7,125.00. However, 2015 saw a decline to $5,090.00. The taxes rose again in 2016 to approximately $6,271.43, and leveled out at about $6,800.00 in 2017. This variability could provide insights for investors, appraisers, and real estate agents evaluating property values and the tax burden for potential residents or developments.
Average Total Tax Liability Per Tax Return in Garden County, NE Over the Last 10 Years
Over the past decade, Garden County, Nebraska has seen fluctuating trends in the average total tax liability per tax return, peaking at $6,889.23 in 2012 and hitting a low of $4,742.11 in 2019. This could suggest a variability in income levels or economic conditions affecting taxpayers in the area. Notably, there was a dip between 2015 and 2019, indicating potential economic challenges during those years. However, the slight upswing to $5,615.87 in 2021 might point to a partial recovery or stabilizing economic conditions. For investors, real estate agents, or anyone eyeing the local market, understanding these patterns could provide insight into the financial health and potential opportunities within Garden County.
Cost of Living in Garden County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,075 | $1,323 | $2,648 | $1,271 | $1,529 |
1 adult 4 children | $1,075 | $1,080 | $2,031 | $1,271 | $1,650 |
2 adults 3 children | $1,075 | $1,081 | $2,295 | $1,271 | $1,240 |
1 adult 3 children | $1,075 | $882 | $1,677 | $1,271 | $1,337 |
2 adults 2 children | $838 | $885 | $1,941 | $1,105 | $990 |
1 adult 2 children | $838 | $661 | $1,324 | $1,105 | $979 |
2 adults 1 child | $838 | $699 | $1,588 | $564 | $880 |
1 adult 1 child | $838 | $452 | $971 | $564 | $725 |
2 adults | $637 | $562 | $1,234 | $0 | $708 |
1 adult | $570 | $306 | $617 | $0 | $566 |
Demographics
Garden County, Nebraska, shows a evenly balanced gender distribution in its adult population, with a slight female majority. Educational attainment reveals that high school graduates, including those with some college but no degree, make up the bulk of residents. Age-wise, the population skews older, with significant proportions in the 55-64 and 65-74 year ranges. Racially, the area is predominantly White, with a small representation from other races such as American Indian and Asian. These... Read more
Race Distribution in Garden County, Nebraska (2022)
Educational Attainment in Garden County, Nebraska (2022)
Age Distribution in Garden County, Nebraska
Citizen Population in Garden County, Nebraska (2022)
Political Trends & Data
Garden County, Nebraska appears to have a highly conservative voter base, with approximately 85% of the votes going to Republican candidates in the 2020 U.S. Presidential Election. Democratic support trailed significantly at just over 13%, and Libertarians captured around 1.5%. This conservative leaning might influence local policies and community values, potentially impacting decisions related to property development, zoning, and other real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Garden County, Nebraska showed a strong tendency toward Republican candidates in the 2020 U.S. Presidential Election, with approximately 85% of votes. Democratic support was significantly lower, capturing just over 13%, while Libertarian support hovered around 1.5%. This voting pattern may hint at a deeply conservative electorate in the area.
85.02% of voters voted for the Republican party in the 2020 Presidential Election
13.47% of voters voted for the Democrat party in the 2020 Presidential Election
1.51% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Garden County, Nebraska's student-to-teacher ratio has seen fluctuations over the past decade, starting at around 10 students per teacher in 2014, peaking at about 11 in 2016-2017, and dropping to nearly 9 in 2023. With ratios consistently lower than the national average of 14, this could offer a more personalized educational environment, which may attract families and educators. Investors and real estate agents might leverage this trend as a selling point for families considering moving, and... Read more
Student-to-teacher ratio in Garden County, Nebraska over the last 10 years
Over the past decade, Garden County, Nebraska has seen fluctuations in its student-to-teacher ratio, starting from roughly 10 students per teacher in 2014, peaking at about 11 in 2016 and 2017, and dropping to a notable low of nearly 9 in 2023. With current student-to-teacher ratios consistently lower than the national average of 14, Garden County could offer a more personalized educational environment, which might be appealing to parents and educators. Investors and real estate agents could leverage this trend as a selling point for families considering a move. Appraisers and insurance agents might also find these figures pertinent when assessing area schools and their potential impact on property values.