Hamilton County Real Estate and Livability Trends
Hamilton County, Nebraska has shown a notable rise in median home values, advancing from $111,600 in 2015 to $201,200 in 2022, outpacing broader state and national trends and suggesting appealing investment prospects or heightened local desirability. The increase in real estate taxes, especially post-2017, is likely a crucial factor for financial planning among prospective homeowners and... Read more
Hamilton County Market Trends
Hamilton County, Nebraska has seen its median home values climb from $111,600 in 2015 to $201,200 in 2022, outpacing state and national increases, suggesting strong investment potential or heightened desirability. Fluctuating average residential energy tax credits, ranging from $200.00 to $950.00, could indicate shifting incentives for energy-efficient home improvements, crucial for evaluating... Read more
Median Value of Occupied Housing Units in Hamilton County, Nebraska Over the Last 8 Years
Over the past eight years, Hamilton County, Nebraska, has seen its median home values rise from $111,600 in 2015 to $201,200 in 2022, outpacing both state and national increases. While Nebraska’s median home values went from $133,200 to $205,600, the national median only climbed from $125,500 to $179,400 in the same period. This relatively rapid increase in Hamilton County could signal strong investment potential or heightened desirability for new residents and property developers.
Residential Energy Tax Credit Per Tax Return in Hamilton County, NE Over the Last 8 Years
Hamilton County, Nebraska, has shown significant variability in average residential energy tax credits per tax return over the past eight years, ranging from a low of $200.00 in 2015 to a high of $950.00 in 2019. Notably, years like 2013 and 2016 also saw relatively high average credits at $909.09 and $733.33, respectively, whereas other years like 2014, 2017, and 2020 recorded more modest credits ranging between $300.00 and $433.33. This fluctuation may hint at shifting incentives or varying levels of investment in energy-efficient home improvements. Such trends could be critical for prospective homeowners and real estate investors evaluating the viability and potential returns on sustainable property investments within the county. For insurance agents and appraisers, understanding these fluctuations can aid in more accurately assessing property values and risk.
Average Real Estate Taxes Per Tax Return in Hamilton County, NE Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Hamilton County, Nebraska, have fluctuated but generally increased. From $2,888.54 in 2012 to $4,511.11 in 2021, there’s been a notable rise, with a sharp uptick beginning around 2017 when rates jumped from $2,938.46 to $3,525.00 by 2018. This increase could impact potential homeowners and investors considering property taxes as part of their financial planning. Additionally, realtors and appraisers might find this trend useful for forecasting property tax costs, potentially affecting market evaluations and demand in the county.
Percentage of Farm Returns in Hamilton County, NE Over the Last 10 Years
Hamilton County, Nebraska has experienced a relatively stable percentage of farm tax returns over the last decade, with minor fluctuations between approximately 10.39% to 11.73%. For those eyeing investments or developments in agricultural property here, this could indicate consistent engagement in farming activities. Effective planning and resource allocation in such a community may benefit from tapping into this steady agri-base.
Number of Mortgages by Occupancy Type in Hamilton County, NE Over the Last 5 Years in Hamilton County
Over the past five years in Hamilton County, Nebraska, there's been a noticeable rise in the number of mortgages for principal residences, peaking at 667 in 2020. Investment property mortgages have remained relatively stable, with a mild uptick, while second residence mortgages fluctuate minimally. This shift toward primary residence mortgages potentially signifies a growing local population or increased affordability, attracting first-time buyers. Understanding these patterns can provide crucial insights for investors, appraisers, real estate agents, and insurance agents regarding demand fluctuations, property values, and market stability.
Economic Outlook
Hamilton County, Nebraska, has shown an upward trend in average taxable income per tax return over the past nine years, increasing from about $67,976 in 2013 to roughly $89,344 in 2021. This suggests potential economic growth in the area, possibly attractive for investors and property developers. Meanwhile, state and local income taxes per return have also risen, peaking at around $10,369.57 in 2020, which points to increasing tax liabilities that may affect long-term financial planning for... Read more
Average Taxable Income per Tax Return in Hamilton County, NE over the last 9 years
Over the past nine years, Hamilton County, Nebraska, has experienced a noticeable rise in average taxable income per tax return. Starting at approximately $67,976 in 2013, the figures have fluctuated somewhat but generally trended upward, reaching about $89,344 in 2021. These income trends could suggest a strengthening local economy and may be a positive indicator for potential investors, property developers, and real estate agents. Additionally, the data might be relevant for appraisers and insurance agents who need to account for financial growth and risk in the area.
Average State and Local Income Taxes Per Tax Return in Hamilton County, NE Over the Last 10 Years
Hamilton County, Nebraska, has seen a fluctuating yet generally upward trend in average state and local income taxes per tax return over the past decade. Starting at $7,390.48 in 2012 and peaking at around $10,369.57 in 2020, the trend highlights a significant increase in tax liability for residents. This data matters for prospective investors, homeowners, and real estate professionals considering the area's long-term financial landscape. Appraisers and insurance agents might find this notable as it could influence housing market dynamics and insurance premiums. Overall, keeping an eye on these trends can provide valuable insights into the economic health and fiscal demands of living in Hamilton County.
Average Total Tax Liability Per Tax Return in Hamilton County, NE Over the Last 10 Years
Hamilton County, Nebraska, has seen fluctuating average total tax liabilities per tax return over the last decade, with significant highs and lows. The highest average liability was observed in 2021, reaching $14,014.40, likely reflecting changes in local economic conditions or tax policies. Conversely, 2019 recorded one of the lowest averages at $9,698.28. This variability highlights the importance of staying informed about local fiscal trends for prospective investors, real estate agents, and anyone considering moving to or doing business in the area.
Cost of Living in Hamilton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,085 | $1,383 | $2,140 | $1,271 | $1,297 |
| 1 adult 4 children | $1,085 | $1,130 | $1,638 | $1,271 | $1,436 |
| 2 adults 3 children | $1,085 | $1,130 | $1,856 | $1,271 | $1,046 |
| 1 adult 3 children | $1,085 | $923 | $1,354 | $1,271 | $1,159 |
| 2 adults 2 children | $826 | $925 | $1,571 | $1,105 | $861 |
| 1 adult 2 children | $826 | $691 | $1,070 | $1,105 | $843 |
| 2 adults 1 child | $826 | $731 | $1,287 | $564 | $778 |
| 1 adult 1 child | $826 | $472 | $786 | $564 | $658 |
| 2 adults | $628 | $587 | $1,003 | $0 | $638 |
| 1 adult | $562 | $320 | $502 | $0 | $534 |
Safety trends & Data
Over the last five years, Hamilton County, Nebraska has shown varied trends in property crimes, with notable increases in larceny-theft and burglary in 2019. Stolen property offenses peaked in 2018 but reduced significantly by 2021, while vandalism saw a notable rise in 2022. These fluctuations may influence property values and insurance premiums, so stakeholders need to stay... Read more
Property Crime Trends in Hamilton County, NE Over the Last 5 Years
Over the last five years, Hamilton County, Nebraska has shown varied trends in property crimes. Notable increases were seen in larceny-theft and burglary in 2019, which might concern potential investors and homeowners. Meanwhile, stolen property offenses appear to be fluctuating, peaking in 2018 and reducing significantly by 2021. Insurance agents and appraisers may also want to keep an eye on vandalism, which saw a notable rise in 2022. These shifts could impact property values and insurance premiums, making it essential for stakeholders to stay informed.
Demographics
Hamilton County, Nebraska shows a nearly balanced gender distribution with negligible differences between males and females. It seems that educational attainment varies notably, with most adults achieving at least a high school diploma. The county's age distribution points to a significant proportion of residents within the 55 to 64-year range, which could be indicative of a maturing population. Racial composition, based on the available data, appears to be predominantly White, with minimal... Read more
Race Distribution in Hamilton County, Nebraska (2022)
Educational Attainment in Hamilton County, Nebraska (2022)
Age Distribution in Hamilton County, Nebraska
Citizen Population in Hamilton County, Nebraska (2022)
Political Trends & Data
Hamilton County, Nebraska, leans significantly Republican, with nearly 78% of the 2020 U.S. Presidential Election votes. Democrats secured just over 20%, and the Libertarian presence was minimal at about 2%. This strong Republican preference could influence local and state policy decisions, potentially shaping the real estate market and community development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hamilton County, Nebraska, the 2020 U.S. Presidential Election results lean heavily Republican, capturing nearly 78% of the vote. Democrats garnered just over 20%, while the Libertarian vote was minimal at around 2%. This significant Republican preference might reflect broader regional trends, potentially impacting local and state policy directions.
77.88% of voters voted for the Republican party in the 2020 Presidential Election
20.21% of voters voted for the Democrat party in the 2020 Presidential Election
1.92% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Hamilton County, Nebraska has seen its student-to-teacher ratio fluctuate quite a bit over the past decade, peaking at 22 students per teacher in 2020 and then dropping to 14 by 2023. These figures have often been above the US national average, especially from 2016 to 2020. For investors, real estate agents, and those thinking about moving, these trends might suggest varying levels of classroom attention and resources, potentially affecting educational quality. Appraisers and insurance agents... Read more
Student-to-teacher ratio in Hamilton County, Nebraska over the last 10 years
Over the last decade, Hamilton County, Nebraska has experienced significant fluctuations in its student-to-teacher ratio, peaking at 22 students per teacher in 2020 before gradually declining to 14 in 2023. These numbers have often exceeded the current US national average of 14 students per teacher, particularly between 2016 and 2020. For potential investors, real estate agents, or those contemplating a move, these ratios could imply varying levels of classroom attention and resources over the years, impacting educational quality. Appraisers and insurance agents might consider these trends indicative of potential changes in the county's desirability and property values, while developers and builders could see opportunities or challenges in meeting the community’s needs.
