Hooker County Real Estate and Livability Trends
In Hooker County, Nebraska, median home values peaked at $92,200 in 2019 but dropped to $78,300 in 2022, notably lower than state and national averages. Income fluctuations, with taxable income swinging from $50,148.65 in 2014-2015 to $38,051.35 in 2016, and variable taxes, hint at economic volatility. Small class sizes (7-9 students per teacher) and a low crime rate enhance community appeal,... Read more
Hooker County Market Trends
The median home values in Hooker County, Nebraska hit a peak of $92,200 in 2019 before dropping to $78,300 in 2022, significantly lower than Nebraska's $205,600 or the U.S. average of $179,400. Fluctuating real estate taxes, ranging from $733.33 in 2016 to $1,300.00 in 2013, hint at variable property assessments or shifts in local tax policies, impacting investment decisions and property... Read more
Median Value of Occupied Housing Units in Hooker County, Nebraska Over the Last 8 Years
The median home values in Hooker County, Nebraska display an intriguing trend over the past eight years, with a notable peak in 2019 at $92,200 before experiencing a significant drop to $78,300 in 2022. This local market is considerably lower compared to the median values in both Nebraska and the United States, which saw steady increases, reaching $205,600 in Nebraska and $179,400 nationally by 2022. For potential investors or residents, this could indicate a unique opportunity for more affordable property in Hooker County amidst rising values elsewhere.
Average Real Estate Taxes Per Tax Return in Hooker County, NE Over the Last 6 Years
Hooker County, Nebraska has seen fluctuations in average real estate taxes per tax return over the past six years, with notable peaks and valleys. The tax amount ranged from a low of approximately $733.33 in 2016 to a high of $1300.00 in 2013. These swings might indicate variable property value assessments or shifts in local tax policies. This volatility can influence investment decisions, property valuation, and budgeting for both current and prospective homeowners. Keeping an eye on these trends is crucial for anyone involved in the local real estate market, including investors, appraisers, and insurance agents.
Percentage of Farm Returns in Hooker County, NE Over the Last 10 Years
Farm tax returns in Hooker County, Nebraska have shown fluctuating rates over the last decade, with a peak of roughly 29.73% in 2015 and 2016 before settling back to around 23.51% in 2021. These returns are critical as they reflect the profitability and economic vitality of the agricultural sector, which is a significant part of the local economy. Investors, potential residents, and those interested in developing property should be aware of these trends, as they suggest varying degrees of stability in farm-related income streams over time.
Number of Mortgages by Occupancy Type in Hooker County, NE Over the Last 5 Years in Hooker County
Hooker County, Nebraska has seen fluctuations in mortgage activity over the last five years, with principal residences consistently leading the numbers, peaking notably in 2020 with 21 mortgages. Second residences and investment properties have maintained minimal but steady counts, suggesting a market predominantly driven by primary homeowners. These trends are crucial for investors and real estate agents in assessing demand and for appraisers and insurance agents in understanding risk profiles. Variability in occupancy types could signal shifts in market appeal, impacting property values and community dynamics for both residents and stakeholders.
Economic Outlook
In Hooker County, Nebraska, average taxable income per tax return has demonstrated volatility over the past nine years, peaking in 2014 and 2015 at around $50,148.65 before dipping significantly to $38,051.35 in 2016. Despite a minor recovery, this inconsistency may lead investors and property builders to approach with caution. Concurrently, state and local income taxes have fluctuated, with a high of $6,600.00 in 2015 and a low of $3,850.00 in 2017, suggesting a dynamic local economy that... Read more
Average Taxable Income per Tax Return in Hooker County, NE over the last 9 years
In Hooker County, Nebraska, average taxable income per tax return has shown some volatility over the last nine years. Notable peaks occurred in 2014 and 2015, when the averages reached $49,140.00 and $50,148.65, respectively. However, subsequent years experienced declines, with a significant dip in 2016 to approximately $38,051.35. Though there's been a slight recovery since then, with 2021 seeing an average of $42,727.03, the levels seem to fluctuate. This variability might make potential investors and property builders cautious, while appraisers and insurance agents may need to account for these fluctuating income levels when assessing financial stability in the county.
Average State and Local Income Taxes Per Tax Return in Hooker County, NE Over the Last 6 Years
Hooker County, Nebraska has seen fluctuating state and local income taxes per tax return over the past six years, with a peak at $6,600.00 in 2015 and a notable drop to $3,850.00 in 2017. This variability may suggest a dynamic local economy that could impact decisions for potential investors and residents. Understanding these trends can help real estate agents, appraisers, and insurance agents better anticipate market conditions and guide clients accordingly.
Average Total Tax Liability Per Tax Return in Hooker County, NE Over the Last 10 Years
Hooker County, Nebraska has exhibited notable fluctuations in the average total tax liability per tax return over the past decade, with values ranging from $4,083.33 in 2013 to a peak of $6,214.81 in 2015. Despite the variability, the figures show a general trend of moderate tax liability, which could be beneficial for potential investors and those planning to move to the area. Real estate agents and appraisers might find the relatively steady tax environment appealing, as it suggests a balanced economic landscape. For insurance agents and property builders, the data could imply predictable fiscal conditions, allowing for more accurate financial forecasting and planning.
Cost of Living in Hooker County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,059 | $1,379 | $2,648 | $1,271 | $1,500 |
| 1 adult 4 children | $1,059 | $1,126 | $2,031 | $1,271 | $1,611 |
| 2 adults 3 children | $1,059 | $1,127 | $2,295 | $1,271 | $1,208 |
| 1 adult 3 children | $1,059 | $920 | $1,677 | $1,271 | $1,294 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $966 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $940 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $854 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $680 |
| 2 adults | $730 | $586 | $1,234 | $0 | $705 |
| 1 adult | $562 | $319 | $617 | $0 | $546 |
Safety trends & Data
Hooker County, Nebraska exhibits a low volume of property crimes over the past three years including isolated incidents like fraud in 2018, burglary and vandalism in 2020, and larceny-theft in 2021. This low crime rate potentially positions the area as a favorable spot for new investors or those looking for a quiet living environment. However, it's essential for appraisers, insurance agents, and real estate professionals to monitor these trends to refine risk assessments and market... Read more
Property Crime Trends in Hooker County, NE Over the Last 3 Years
Hooker County, Nebraska shows a varied property crime landscape over the past three years with a minimal number of incidents. The county has seen single instances of fraud in 2018, burglary and vandalism in 2020, and larceny-theft in 2021. This low volume of property crimes might suggest a relatively safe environment, potentially making it an attractive spot for new investors or those seeking a quieter place to live. However, it's always wise for appraisers, insurance agents, and real estate professionals to keep an eye on such trends to better understand the local market and adjust risk assessments or valuations accordingly.
Demographics
Hooker County, Nebraska showcases a predominantly male population with a near-equal gender distribution. Educationally, high school graduates and those with some college representation form a significant chunk, reflecting a community valuing education. The age distribution leans towards younger and middle-aged demographics, potentially indicating a stable working-age population. The racial makeup is overwhelmingly White with minor representations from other races. This mix hints at a possibly... Read more
Race Distribution in Hooker County, Nebraska (2022)
Educational Attainment in Hooker County, Nebraska (2022)
Age Distribution in Hooker County, Nebraska
Citizen Population in Hooker County, Nebraska (2022)
Political Trends & Data
Hooker County, Nebraska, exhibits a strong conservative inclination, with approximately 85% of the 2020 presidential votes going to the Republican party. This overwhelming preference for conservative leadership might suggest stable property taxes and local regulations that favor homeowners and landlords. Such political dynamics could influence real estate investment decisions, potentially attracting those who prioritize conservative governance over progressive... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hooker County, Nebraska, the 2020 presidential election showed a dominant leaning towards the Republican party, which likely attracted around 85% of the votes. There was a minimal presence for Democrats, suggesting they received just over 13%, and Libertarians captured a small fraction with nearly 2%. Green and other parties apparently didn't register any significant support, highlighting a strong preference for conservative policies in this locality.
85.07% of voters voted for the Republican party in the 2020 Presidential Election
13.35% of voters voted for the Democrat party in the 2020 Presidential Election
1.58% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Hooker County, Nebraska boasts a consistently low student-to-teacher ratio, ranging from 7 to 9 students per teacher over the past decade, well below the national average of 14:1. This trend suggests smaller class sizes, potentially attracting families focused on quality education, and may influence investors, real estate professionals, appraisers, and insurance agents in assessing the community's value and living... Read more
Student-to-teacher ratio in Hooker County, Nebraska over the last 10 years
Hooker County, Nebraska has consistently maintained a student-to-teacher ratio well below the national average of 14 students per teacher. Over the past decade, this ratio has ranged from 7 to 9 students per teacher, which may indicate smaller class sizes that could lead to more individualized attention for students. This trend can be particularly appealing for families prioritizing education quality, investors considering local amenities, and real estate professionals marketing the area. Additionally, appraisers and insurance agents might note these ratios as part of the overall assessment of community value and living standards in Hooker County.
