Harlan County Real Estate and Livability Trends
Harlan County, Nebraska has experienced a substantial increase in median home values from $78,200 in 2015 to $135,800 in 2022, positioning the area as an affordable entry point in comparison to state and national trends. Taxable income per return jumped from $44,986.18 in 2017 to $65,663.09 in 2021, alongside a significant spike in state and local taxes to $8,875.00 in 2021, hinting at economic... Read more
Harlan County Market Trends
Harlan County, Nebraska's median home values have notably increased from $78,200 in 2015 to $135,800 in 2022, offering a more affordable entry point compared to state and national figures. Residential energy tax credits have been volatile, spiking to $650.00 in 2014 before dipping and rising again, suggesting varied investment in energy-efficient upgrades. Average real estate taxes have trended... Read more
Median Value of Occupied Housing Units in Harlan County, Nebraska Over the Last 8 Years
Harlan County, Nebraska's median home values have experienced significant growth over the past eight years, increasing from $78,200 in 2015 to $135,800 in 2022. This sharp rise is interesting given that while Nebraska as a whole has seen consistent appreciation, from $133,200 to $205,600, Harlan County's values remain substantially lower. Compared to the national trends, where median values climbed from $125,500 to $179,400, Harlan County homes still offer a more affordable entry point. This trend could be appealing to potential investors and new residents, signaling potential for value growth and making the county an attractive spot for building or buying property.
Residential Energy Tax Credit Per Tax Return in Harlan County, NE Over the Last 5 Years
Residential energy tax credits in Harlan County, Nebraska have shown significant fluctuation over the past five years. Average credits per tax return spiked to $650.00 in 2014 before dipping to $300.00 the following year, and then rose again to $600.00 in 2021. This volatility could point to varying levels of investment in energy-efficient home upgrades in the region, a factor worth considering for investors and property developers aiming at sustainable or energy-efficient projects. Real estate agents and appraisers might find these trends useful in determining the value proposition of eco-friendly homes to potential buyers.
Average Real Estate Taxes Per Tax Return in Harlan County, NE Over the Last 10 Years
Over the past decade, Harlan County, Nebraska has seen a generally upward trend in average real estate taxes per tax return. Notable increases appear in 2018, 2020, and a significant spike in 2021, where the average tax jumped to $4,700.00. This trend may be relevant for potential investors, real estate agents, and those considering relocating, as the rising tax rates reflect changes in property values and local economic factors. It's something for appraisers and insurance agents to keep an eye on, as it could impact property valuations and insurance premiums going forward.
Percentage of Farm Returns in Harlan County, NE Over the Last 10 Years
Over the past decade, Harlan County, Nebraska has shown fluctuating farm tax returns, with percentages generally hovering around 17% to 18.5%. These returns, which slightly peaked at 18.54% in 2019, can be indicative of the agricultural sector's health and profitability in the region. For investors, property developers, or potential residents, this trend may suggest a somewhat stable but modestly variable agricultural market. Understanding farm tax returns is crucial, as they represent the financial performance and viability of farming operations, directly influencing land values and the local economy.
Number of Mortgages by Occupancy Type in Harlan County, NE Over the Last 5 Years in Harlan County
Mortgage data for Harlan County, Nebraska over the past five years shows a steady dominance of principal residence mortgages, peaking at 83 in 2022. Second residence mortgages fluctuated, peaking at 17 in 2020 but then dropping sharply to 6 by 2022. Investment property mortgages remained relatively stagnant, with minor activity noted. This trend suggests a stable demand for primary homes, potentially indicating a more rooted community or attractive living conditions. Meanwhile, the variability in second residences and minimal investment property activity could signal cautious investor confidence or economic conditions influencing secondary home purchases. Such insights are crucial for potential investors, developers, and real estate professionals to assess market stability and growth opportunities in the area.
Economic Outlook
Harlan County, Nebraska has shown significant growth in average taxable income per tax return, jumping from $44,986.18 in 2017 to $65,663.09 in 2021. Along with this, state and local income taxes, which had dipped to $5,725.00 in 2020, surged to $8,875.00 in 2021, revealing underlying economic shifts. The total tax liabilities have experienced similar volatility, peaking at $9,990.76 in 2021. These financial trends might suggest a burgeoning local economy, potentially drawing interest from... Read more
Average Taxable Income per Tax Return in Harlan County, NE over the last 9 years
Harlan County, Nebraska has seen fluctuations in average taxable income per tax return over the past nine years, with a notable increase in recent years. From 2013 to 2017, there were declines and modest recoveries, with income dipping to $44,986.18 in 2017. A steady rise began in 2018, culminating in 2021 with a significant jump to $65,663.09. This upward trend might be appealing to potential investors, buyers, or those involved in real estate or insurance, indicating a potentially growing and more affluent local economy.
Average State and Local Income Taxes Per Tax Return in Harlan County, NE Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Harlan County, Nebraska have seen notable fluctuations. After peaking at $7,636.36 in 2013, the taxes showed a declining trend, dipping as low as $5,725.00 in 2020. However, 2021 marked a significant spike, reaching an average of $8,875.00. Such variations may signal underlying economic shifts, which could be pertinent for potential investors, property developers, and real estate agents anticipating market behavior in this region.
Average Total Tax Liability Per Tax Return in Harlan County, NE Over the Last 10 Years
Over the past decade, Harlan County, Nebraska has seen fluctuating average total tax liabilities per tax return, peaking at $8,172.50 in 2012 and dipping to lows such as $6,100.95 in 2018. The year 2021 marked a significant uptick to $9,990.76, indicating potential economic changes or policy influences. The variability in tax liabilities might be indicative of economic health and living standards in the county, potentially serving as a financial climate guide for investors, real estate agents, and other stakeholders.
Cost of Living in Harlan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,059 | $1,532 | $2,140 | $1,271 | $1,410 |
| 1 adult 4 children | $1,059 | $1,251 | $1,638 | $1,271 | $1,550 |
| 2 adults 3 children | $1,059 | $1,252 | $1,856 | $1,271 | $1,137 |
| 1 adult 3 children | $1,059 | $1,022 | $1,354 | $1,271 | $1,253 |
| 2 adults 2 children | $826 | $1,025 | $1,571 | $1,105 | $927 |
| 1 adult 2 children | $826 | $765 | $1,070 | $1,105 | $922 |
| 2 adults 1 child | $826 | $810 | $1,287 | $564 | $829 |
| 1 adult 1 child | $826 | $523 | $786 | $564 | $680 |
| 2 adults | $628 | $651 | $1,003 | $0 | $660 |
| 1 adult | $562 | $355 | $502 | $0 | $561 |
Safety trends & Data
Harlan County, Nebraska has shown impressive stability in property crime rates, with just one incident each of fraud and larceny-theft in both 2021 and 2022. This could make the area more attractive to investors and homebuyers looking for safer communities, while appraisers and insurance agents might see these trends as indicators of lower risk factors associated with property... Read more
Property Crime Trends in Harlan County, NE Over the Last 2 Years
Harlan County, Nebraska has seen relatively low levels of property crime over the past two years, with both fraud and larceny-theft reporting a single incident each in 2021 and 2022 respectively. This data suggests that the county has managed to maintain a notably low rate of such crimes, contributing to a generally safer environment for residents and potentially more appealing conditions for investors and homebuyers. These trends can also be significant for appraisers and insurance agents, indicating potentially lower risk factors associated with property crimes.
Demographics
Harlan County, Nebraska's demographics suggest a balanced gender distribution with an evenly split adult population. In terms of education, high school graduates and those with some college experience or an associate's degree seem to dominate the landscape, which may indicate a skilled but not highly-degreed workforce. The age distribution leans towards older adults, particularly those aged 55 and above, which could have implications for healthcare and retirement services. The racial makeup is... Read more
Race Distribution in Harlan County, Nebraska (2022)
Educational Attainment in Harlan County, Nebraska (2022)
Age Distribution in Harlan County, Nebraska
Citizen Population in Harlan County, Nebraska (2022)
Political Trends & Data
Harlan County, Nebraska exhibited a significant Republican preference in the 2020 U.S. Presidential Election, with around 83.8% voting Republican and only 14.6% Democratic, and Libertarians securing a meager 1.6%. This dominant Republican alignment may shape local policies and community initiatives, reflecting a conservative bend in the area's governance and lifestyle... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Harlan County, Nebraska, the 2020 U.S. Presidential Election saw a pronounced lean towards the Republican party with about 83.8% of the votes, compared to approximately 14.6% for the Democratic party. Libertarians captured a minor share, around 1.6%, with negligible or no support for Green and other parties. This likely indicates a strong Republican foothold in the county, potentially influencing local policies and community initiatives.
83.77% of voters voted for the Republican party in the 2020 Presidential Election
14.63% of voters voted for the Democrat party in the 2020 Presidential Election
1.61% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Harlan County, Nebraska consistently boasts a student-to-teacher ratio of 10 to 11 students per teacher, well below the national average of 14 students per teacher. This lower ratio suggests more personalized education, which could appeal to families considering a move to the area. For real estate investors and agents, this feature can be highlighted to attract education-minded buyers and put Harlan County on their radar. Appraisers and insurance agents might also see it as a sign of the... Read more
Student-to-teacher ratio in Harlan County, Nebraska over the last 10 years
Over the past decade, the student-to-teacher ratio in Harlan County, Nebraska has remained relatively low compared to the national average of 14 students per teacher. With ratios generally oscillating around 10 to 11 students per teacher, Harlan County offers a more individualized educational experience. This lower ratio could be an appealing factor for families considering moving to the area, as it suggests opportunities for more personalized instruction and potentially better educational outcomes. For real estate investors and agents, highlighting this perk could help market properties to education-minded buyers. Appraisers and insurance agents might also find this trend useful in evaluating the community's attractiveness and stability.
