Hall County Real Estate and Livability Trends
Hall County, Nebraska's median home values skyrocketed from $122,500.00 in 2015 to $190,800.00 in 2022, revealing strong local market dynamics. Average taxable income per tax return surged to around $67,554.10 in 2021, while state and local income taxes have declined since their 2013 peak. Real estate taxes doubled over the decade, signaling rising property values or policy changes. A... Read more
Hall County Market Trends
Hall County, Nebraska's median home values soared from $122,500.00 in 2015 to $190,800.00 in 2022, outpacing both national and state-level growth. This remarkable 56% increase reveals strong local market dynamics, making it a hot spot for investors and prospective homeowners. Notably, the county’s residential energy tax credits per tax return show a high degree of variability but hint at... Read more
Median Value of Occupied Housing Units in Hall County, Nebraska Over the Last 8 Years
Hall County, Nebraska's median home values have experienced a significant upward trend over the past eight years, almost mirroring national and state-level trends but with even more pronounced increases recently. From $122,500.00 in 2015 to $190,800.00 in 2022, the local market saw a jump of approximately 56%, which suggests stronger growth compared to the national median rising from $125,500.00 to $179,400.00. This positions Hall County as an increasingly attractive option for investors and potential homeowners, providing compelling returns relative to broader markets. Additionally, compared to Nebraska's statewide growth, Hall County's value appreciation indicates specific local factors at play, making it a unique market within the state.
Residential Energy Tax Credit Per Tax Return in Hall County, NE Over the Last 9 Years
Hall County, Nebraska has experienced fluctuating values in residential energy tax credits per tax return over the past nine years, with a notable spike in 2018, where it peaked at $1,437.50. Outside of this anomaly, the general trend shows variability around the $550 mark, indicating some consistency but also variability. For those considering investing or building in Hall County, these figures hint at potential opportunities for energy-efficient home improvements, possibly supported by federal or state incentives. Real estate agents and appraisers might see this as an added value for properties in the area, potentially making energy-efficient homes more attractive to buyers.
Average Real Estate Taxes Per Tax Return in Hall County, NE Over the Last 10 Years
In Hall County, Nebraska, real estate taxes per tax return have seen a noticeable upward trend over the past decade. From 2012 to 2021, average taxes increased from around $3,291.27 to approximately $5,390.20. This steady rise in taxes, nearly doubling over ten years, might indicate growing property values or shifts in tax policy, which could be significant for potential investors, homeowners, and real estate professionals considering the local market.
Percentage of Farm Returns in Hall County, NE Over the Last 10 Years
Hall County, Nebraska, shows a slight but consistent decline in the percentage of farm tax returns over the past decade, dropping from approximately 2.40% in 2012 to around 2.05% in 2021. Farm tax returns are filed by individuals or entities that derive income from farming activities, indicating the portion of economic activity tied to agriculture. This trend could suggest a gradual shift away from traditional farming, possibly towards other forms of land use or economic activities, which might be relevant for anyone considering agricultural investments or property development in the area. Understanding these changes could be crucial for planning future business activities or real estate investments.
Number of Mortgages by Occupancy Type in Hall County, NE Over the Last 5 Years in Hall County
Over the last five years, Hall County, Nebraska has experienced fluctuations in mortgage counts, with the most dramatic changes observed in principal residence mortgages, peaking at 3,245 in 2020. Investment properties have hovered around the mid-200s, while second residences barely registered with counts in the low teens. These shifts in occupancy type shed light on buyer priorities and market dynamics, steering real estate agents in tailoring strategies, while appraisers and insurance agents might need to consider the varying risk profiles. Investors may find the steady yet modest investment property activity intriguing for portfolio diversification, and potential homeowners might note the dominant focus on principal residences when planning a move. Changes in mortgage trends can mirror broader economic conditions or shifts in local desirability, thus impacting decisions across many facets of the housing sector.
Economic Outlook
Hall County, Nebraska has experienced a consistent rise in average taxable income per tax return, surging from around $51,975.84 in 2013 to approximately $67,554.10 in 2021. Notably, there was a significant jump from $58,966.44 in 2020, indicating potential economic growth or changes in tax policy. Interestingly, average state and local income taxes per tax return have shown a downward trend since their peak in 2013 at about $7,350.37, bottoming out around $4,981.76 in 2020. Average total tax... Read more
Average Taxable Income per Tax Return in Hall County, NE over the last 9 years
Hall County, Nebraska has seen a general upward trend in average taxable income per tax return over the last nine years, rising from approximately $51,975.84 in 2013 to around $67,554.10 in 2021. Notably, there's a significant jump from $58,966.44 in 2020 to $67,554.10 in 2021, which could suggest potential economic growth or changes in tax policies. Such steady increases might make the county appealing for investors or those looking to move to an area with a rising income base.
Average State and Local Income Taxes Per Tax Return in Hall County, NE Over the Last 10 Years
Over the past decade, Hall County, Nebraska has seen fluctuating average state and local income taxes per tax return. The peak occurred in 2013 at approximately $7,350.37, but since then, there's been a notable decline, bottoming out around $4,981.76 in 2020. Such variability could suggest changing economic conditions or tax policy adjustments, which may be relevant for investors and real estate agents assessing the financial landscape. Additionally, residents and those considering a move might find these trends useful for financial planning and understanding potential tax burdens.
Average Total Tax Liability Per Tax Return in Hall County, NE Over the Last 10 Years
Over the last decade in Hall County, Nebraska, average total tax liabilities per tax return have shown a fluctuating trend, rising notably in recent years. In 2012, the average was around $9,112.40, and after some ups and downs, it peaked at approximately $10,100.83 in 2021. Such variability could be indicative of changing economic conditions or tax policies. This pattern is something for investors, real estate agents, and others involved in financial planning to keep in mind when assessing the economic climate of Hall County.
Cost of Living in Hall County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,155 | $1,383 | $2,150 | $1,644 | $1,365 |
| 1 adult 4 children | $1,155 | $1,130 | $1,655 | $1,644 | $1,511 |
| 2 adults 3 children | $1,155 | $1,130 | $1,861 | $1,644 | $1,113 |
| 1 adult 3 children | $1,155 | $923 | $1,365 | $1,644 | $1,236 |
| 2 adults 2 children | $891 | $925 | $1,571 | $1,424 | $895 |
| 1 adult 2 children | $891 | $691 | $1,075 | $1,424 | $894 |
| 2 adults 1 child | $891 | $731 | $1,281 | $706 | $767 |
| 1 adult 1 child | $891 | $472 | $785 | $706 | $636 |
| 2 adults | $716 | $587 | $991 | $0 | $592 |
| 1 adult | $609 | $320 | $496 | $0 | $503 |
Safety trends & Data
Property crime trends in Hall County, Nebraska, show notable fluctuations over the past five years. Larceny-theft incidents peaked at 475 in 2020 but seem to have stabilized around 335 by 2022. Vandalism spiked at 149 in 2020 before a slight decrease. Embezzlement dropped dramatically from 32 in 2019 to 2 in 2022, and forgery and counterfeiting have consistently decreased, reaching 11 by 2022. These shifts could mean evolving crime patterns, making specific safety measures more critical for... Read more
Property Crime Trends in Hall County, NE Over the Last 5 Years
Property crime trends in Hall County, Nebraska, reveal fluctuations over the past five years. While the number of larceny-theft incidents peaked at 475.0 in 2020, it appears to have stabilized around 335.0 by 2022. Vandalism followed an upward trajectory, reaching a high of 149.0 in 2020 before slightly decreasing. Embezzlement significantly dropped from 32.0 in 2019 to 2.0 in 2022. Forgery and counterfeiting numbers have consistently decreased, hitting a lower point of 11.0 by 2022. These shifts suggest a possibly evolving crime landscape that might render specific investments and safety measures more critical for residents and businesses.
Demographics
Hall County, Nebraska, shows a slight female majority with 20,404 females and 20,028 males. The educational attainment data points to a majority having either a high school diploma (12,669) or some college experience (9,379), while a smaller segment holds a bachelor's degree (5,668) or higher. Younger age brackets, especially those under 10 years old (8,971), constitute a significant portion of the population, suggesting potential growth in the coming decades. Hall County's racial makeup... Read more
Race Distribution in Hall County, Nebraska (2022)
Educational Attainment in Hall County, Nebraska (2022)
Age Distribution in Hall County, Nebraska
Citizen Population in Hall County, Nebraska (2022)
Political Trends & Data
In Hall County, Nebraska, the 2020 U.S. Presidential Election revealed substantial Republican support with around 66% of votes, compared to about 32% for Democrats and a small 2% for Libertarians. The lack of votes for Green and other parties might indicate limited interest in alternative political movements. This significant GOP preference could influence local policymaking and community priorities, potentially impacting areas like real estate and development projects. Understanding these... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hall County, Nebraska, the 2020 U.S. Presidential Election results suggest a strong Republican preference, with approximately 66% of the vote. Democrats garnered about 32% support, while Libertarian candidates received a modest 2%. The absence of votes for Green and other parties might indicate limited appeal for smaller or alternative political movements in the county. This distribution could potentially highlight dominant political leanings that might shape local policy and community priorities.
66.42% of voters voted for the Republican party in the 2020 Presidential Election
31.51% of voters voted for the Democrat party in the 2020 Presidential Election
2.07% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Hall County, Nebraska has maintained a student-to-teacher ratio below the national average of 14 over the past decade, fluctuating between 12 and 13 students per teacher. This closer attention from educators could appeal to families looking for better educational outcomes, an attractive point for potential homebuyers. For investors and real estate agents, this metric could signify a solid selling point in the community, potentially driving housing demand as young families seek areas with strong... Read more
Student-to-teacher ratio in Hall County, Nebraska over the last 10 years
The student-to-teacher ratio in Hall County, Nebraska has hovered slightly below the national average of 14 students per teacher over the past decade, with fluctuations between 12 and 13 students annually. This relatively lower ratio compared to the national average might suggest more personalized attention for students, potentially enhancing educational outcomes—a point of interest for families considering relocating. For investors and real estate agents, this metric could signify an attractive selling point in the community, while appraisers and insurance agents might find it reflective of stable community engagement in local schools. Builders might also interpret this as a growing appeal for young families, impacting future housing demands.
