Hitchcock County Real Estate and Livability Trends
Hitchcock County, Nebraska's real estate market has seen modest growth, with median home values increasing from $59,100 in 2015 to $85,500 in 2022, slower than the statewide pace. Taxable incomes have shown fluctuations, peaking at $51,361.79 in 2021 before notable dips which could impact property values. Property crimes have varied but generally remained low, affecting community safety... Read more
Hitchcock County Market Trends
Over the past eight years, median home values in Hitchcock County, Nebraska have climbed from $59,100 in 2015 to $85,500 in 2022, growing slower compared to Nebraska's overall increase from $133,200 to $205,600. Real estate taxes have fluctuated, spiking to $2,400.00 in 2019, suggesting changes in property valuations or tax policies. Farm tax returns, a key indicator of agricultural activity,... Read more
Median Value of Occupied Housing Units in Hitchcock County, Nebraska Over the Last 8 Years
Over the past eight years, median home values in Hitchcock County, Nebraska have experienced notable fluctuations, starting at $59,100 in 2015 and climbing to $85,500 in 2022. This county's housing market appears to be on a slower growth trajectory compared to both state and national levels; Nebraska overall saw values rise from $133,200 to $205,600, while the national figures increased from $125,500 to $179,400 in the same period. This could present a unique opportunity for those looking to invest or settle in a region that's witnessing gradual but steady growth, especially as it still offers comparatively lower entry prices.
Average Real Estate Taxes Per Tax Return in Hitchcock County, NE Over the Last 8 Years
Hitchcock County, Nebraska has seen fluctuating real estate taxes over the past eight years, with a notable increase to $2,400.00 in 2019 compared to earlier years. Although values often hovered around the mid-$1,600.00 range, this late spike could suggest changing property valuations or adjustments in local tax policies. This trend might interest potential property investors or those considering relocations, as it hints at possible increases in carrying costs.
Percentage of Farm Returns in Hitchcock County, NE Over the Last 10 Years
The percentage of farm tax returns in Hitchcock County, Nebraska, has shown a slight downward trend over the last decade, starting at roughly 20.44% in 2012 and dropping to an estimated 17.34% in 2021. Farm tax returns are a critical indicator for assessing agricultural activity, property value stability, and investment potential in rural areas. For those considering buying property or investing in Hitchcock County, this data hints at slight fluctuations in agricultural engagement, which could influence property values and economic stability in the region.
Number of Mortgages by Occupancy Type in Hitchcock County, NE Over the Last 5 Years in Hitchcock County
Hitchcock County, Nebraska, shows notable fluctuations in mortgage counts based on occupancy type over the past five years. Principal residences consistently dominate, but there's a noticeable spike in 2020 and 2021, which may suggest a wave of new homeowners moving into the area. Investment properties, though fewer in number, saw an encouraging uptick in 2022, hinting at rising interest from investors. Second residences remain low but relatively stable, reflecting perhaps a limited but steady interest in vacation or secondary homes. These shifts in occupancy types can significantly impact local real estate markets, influencing everything from housing demand and property values to insurance rates and community development planning.
Economic Outlook
In Hitchcock County, Nebraska, the average taxable income per tax return has swung from $45,389.71 in 2013 to a peak of $51,361.79 in 2021, possibly indicating economic recovery. Notable dips, like the one in 2016 to $40,766.13, could impact property values and insurance rates. The average state and local income taxes per return also varied, with a high of $6,438.46 in 2014 and a low of $4,366.67 in 2018, hinting at shifting economic conditions. Total tax liability has shown similar... Read more
Average Taxable Income per Tax Return in Hitchcock County, NE over the last 9 years
In Hitchcock County, Nebraska, the average taxable income per tax return has shown notable fluctuations over the past nine years. Starting from $45,389.71 in 2013, it peaked at $51,361.79 in 2021, signaling possible economic recovery or growth. However, there were dips, most notably in 2016 where it dropped to $40,766.13. Such variances might be critical for potential investors and real estate agents as they indicate underlying economic shifts that could affect property values and insurance rates. For those already residing in or considering moving to the area, these trends offer insights into the financial climate and economic health of Hitchcock County.
Average State and Local Income Taxes Per Tax Return in Hitchcock County, NE Over the Last 8 Years
Over the last eight years, the average state and local income taxes per tax return in Hitchcock County, Nebraska have varied significantly, peaking at $6,438.46 in 2014 and dipping to $4,366.67 in 2018. Recent figures suggest a possible stabilization, with 2019 showing a slight uptick to $5,966.67. Such fluctuations can offer important context for potential investors, appraisers, and real estate agents assessing the area's economic climate and tax burden trends. The data may hint at underlying economic factors influencing the region, which could be crucial for financial planning and investment strategies.
Average Total Tax Liability Per Tax Return in Hitchcock County, NE Over the Last 10 Years
Hitchcock County, Nebraska, has experienced notable fluctuations in average total tax liability per tax return over the past decade. After peaking at approximately $7,074.47 in 2014, liabilities saw a significant dip to around $5,134.88 by 2018, signaling potential economic shifts or changes in taxpayer demographics. The recent resurgence to about $6,413.54 in 2021 could hint at economic recovery or increased incomes. For investors and potential residents, this variability may reflect underlying economic dynamics, possibly influenced by local policies or broader economic conditions. Understanding these trends could also help insurance agents and appraisers assess risk and valuation more accurately.
Cost of Living in Hitchcock County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,101 | $1,379 | $2,648 | $1,271 | $1,564 |
| 1 adult 4 children | $1,101 | $1,126 | $2,031 | $1,271 | $1,673 |
| 2 adults 3 children | $1,101 | $1,127 | $2,295 | $1,271 | $1,270 |
| 1 adult 3 children | $1,101 | $920 | $1,677 | $1,271 | $1,370 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $996 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $987 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $885 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $713 |
| 2 adults | $632 | $586 | $1,234 | $0 | $700 |
| 1 adult | $562 | $319 | $617 | $0 | $580 |
Safety trends & Data
Hitchcock County, Nebraska, has experienced a varied trend in property crimes over the past four years, with burglaries peaking in 2018. Vandalism saw a small increase from 2019 (1.0) to 2021 (2.0), while motor vehicle thefts and fraud have stayed low, each recording just one incident in 2018. The sporadic nature of these crimes may hint at changing local security effectiveness or socio-economic factors, which could be crucial for potential residents, investors, and real estate professionals... Read more
Property Crime Trends in Hitchcock County, NE Over the Last 4 Years
Over the last four years, Hitchcock County, Nebraska, has seen a varied pattern in property crimes. With incidents like burglaries peaking in 2018, primarily concerning burglaries (3.0), alongside a slight rise in vandalism from 2019 (1.0) to 2021 (2.0). Motor vehicle thefts and fraud have remained relatively low, each recording a single instance in 2018. The sporadic nature of these crimes might suggest a fluctuation in local security effectiveness or socio-economic factors influencing these trends, and this could be insightful for potential residents, investors, and real estate professionals when assessing the community's safety and desirability.
Demographics
Hitchcock County, Nebraska presents an adult population with a slight male majority that might be indicative of occupational dynamics. Educational attainment data reveal that many residents have some college education yet not as high a completion rate for bachelor's degrees. Age distribution displays a significant presence of older adults, especially in the 55 to 74 years bracket, which points to potential implications for healthcare and senior services. Racially, the area is predominantly... Read more
Race Distribution in Hitchcock County, Nebraska (2022)
Educational Attainment in Hitchcock County, Nebraska (2022)
Age Distribution in Hitchcock County, Nebraska
Citizen Population in Hitchcock County, Nebraska (2022)
Political Trends & Data
Hitchcock County, Nebraska, displayed a pronounced conservative lean in the 2020 U.S. Presidential Election, with nearly 86% of votes going Republican and just around 12% aligning with Democrats. Libertarians captured around 2%, and the Green party tallied zero votes. This strong Republican preference underscores a deep-rooted conservative ethos, similar to many rural Midwestern... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hitchcock County, Nebraska, the 2020 U.S. Presidential Election results largely leaned towards the Republican party, with nearly 86% of the vote, while Democrats garnered roughly 12%. The Libertarians had minimal impact, securing around 2%, and the Green party didn't register any votes. The overwhelming Republican preference here highlights a strong conservative presence, reflecting broader trends in many rural Midwestern counties.
86.04% of voters voted for the Republican party in the 2020 Presidential Election
11.91% of voters voted for the Democrat party in the 2020 Presidential Election
2.04% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Hitchcock County, Nebraska has maintained a student-to-teacher ratio below the current national average of 14 students per teacher over the past decade. Notably, classroom sizes dipped to around 11 students per teacher in 2020 and 2021, which could indicate either a decrease in student enrollment or an increase in hiring. These figures might be appealing to potential investors, real estate agents, and families, as lower ratios often suggest more individualized attention for students,... Read more
Student-to-teacher ratio in Hitchcock County, Nebraska over the last 10 years
Over the past decade, Hitchcock County, Nebraska has seen its student-to-teacher ratio generally stay lower than the current national average of 14 students per teacher. From a high of nearly 13 students per teacher in 2014, the ratio has fluctuated but remained between approximately 11 and 13 students per teacher. Notably, dips to around 11 in 2020 and 2021 suggest moments of smaller classroom sizes, which could imply either a decrease in student enrollment or an increase in hiring teachers. These trends may be significant for potential investors, real estate agents, and families considering relocation, as lower student-to-teacher ratios can often translate to more individualized attention for students, potentially enhancing educational outcomes and community appeal.
