Howard County Real Estate and Livability Trends
Howard County, Nebraska's real estate market shows a strong upward trend with median home values nearly doubling from $109,200 in 2015 to $181,600 in 2022. This rapid appreciation, outpacing state and national averages, suggests significant growth potential, drawing increased investor interest. The data also indicates potential economic shifts, with principal residence mortgages dropping sharply... Read more
Howard County Market Trends
Median home values in Howard County, Nebraska, have nearly doubled from $109,200 in 2015 to $181,600 in 2022, outpacing both state and national averages. This suggests a robust local real estate market that may appeal to investors eyeing property appreciation. Fluctuations in residential energy tax credits, peaking at $1,580 in 2016 and dropping to $425 by 2021, could impact the cost-efficiency... Read more
Median Value of Occupied Housing Units in Howard County, Nebraska Over the Last 8 Years
In Howard County, Nebraska, median home values have surged from $109,200 in 2015 to $181,600 in 2022. This growth outpaces both the state of Nebraska, which saw home values rise from $133,200 to $205,600, and the national average, which increased from $125,500 to $179,400 during the same time period. For potential investors and homebuyers, this indicates strong local market appreciation, making Howard County an increasingly attractive area for property investments relative to broader trends.
Residential Energy Tax Credit Per Tax Return in Howard County, NE Over the Last 8 Years
Over the past eight years in Howard County, Nebraska, the average residential energy tax credit per tax return has shown significant fluctuations. In 2013, the average tax credit was approximately $457.14. This figure saw a substantial increase by 2016, reaching around $1,580.00. However, there was a notable drop to $733.33 in 2019, followed by a rise to about $1,366.67 in 2020. By 2021, the average credit decreased significantly to $425.00. Those considering investments or development in the area may want to factor in these varying incentives when evaluating the long-term cost-efficiency of energy-saving home improvements. This dynamic range could affect expected returns for investors, developers, and homeowners navigating energy-efficient upgrades in Howard County.
Average Real Estate Taxes Per Tax Return in Howard County, NE Over the Last 10 Years
Over the past decade, Howard County, Nebraska has seen considerable fluctuation in average real estate taxes per tax return. Starting at $2,611.76 in 2012, the average amount saw a general upward trend, peaking at $4,550.00 in 2021. Notable increases occurred between 2016 and 2017, and again from 2019 to 2020, which may indicate shifts in property valuations or tax policy changes. Investors, property developers, and potential homeowners might find these patterns relevant for budget planning and long-term financial forecasting.
Percentage of Farm Returns in Howard County, NE Over the Last 10 Years
In Howard County, Nebraska, the percentage of farm tax returns has seen modest fluctuations over the past decade, hovering around the 19% to 20% mark. These percentages, collected between 2012 and 2021, reflect some stability with slight variations each year. For those looking to invest, build, or move to Howard County, this likely indicates a steady agricultural presence, which can be a reliable indicator of economic stability and community investment in farming. This kind of consistency in farm tax returns could suggest that Howard County maintains a robust agricultural sector, contributing to the local economy and possibly offering opportunities for growth and business development.
Number of Mortgages by Occupancy Type in Howard County, NE Over the Last 5 Years in Howard County
Over the past five years, Howard County, Nebraska, has experienced significant fluctuations in mortgage counts across different occupancy types. The number of principal residence mortgages peaked in 2021 with 341 compared to a low of 185 in 2022, suggesting potential market shifts or economic factors. Investment properties remained relatively stable, showing minor variations from 6 to 12 mortgages annually. Meanwhile, second residences have seen minimal activity, rarely exceeding five per year. These trends could indicate varying demand for housing types, potentially affecting property values, investment decisions, and insurance assessments. Buyers and investors might notice the predominance of primary residences, shaping expectations around community development and local market dynamics.
Economic Outlook
Over the past nine years, Howard County, Nebraska has experienced a significant climb in average taxable income per tax return, increasing from approximately $45,660.40 in 2013 to about $65,780.59 in 2021. This uptick may hint at a growing local economy, potentially attracting investors and developers. State and local income taxes have shown variability, ranging between $4,509.43 and $6,100.00, with a notable peak in 2020. The noteworthy rise in average total tax liability, reaching over... Read more
Average Taxable Income per Tax Return in Howard County, NE over the last 9 years
Over the past nine years, Howard County, Nebraska has experienced a notable uptick in average taxable income per tax return, climbing from approximately $45,660.40 in 2013 to about $65,780.59 in 2021. This consistent increase in taxable income may signal a growing local economy, potentially making the area more attractive for investors, real estate developers, and prospective homeowners. While fluctuations occurred, particularly between 2016 and 2017, the overall trend suggests improved economic conditions that could lead to increased property values and a more robust market for financial and insurance services.
Average State and Local Income Taxes Per Tax Return in Howard County, NE Over the Last 10 Years
Over the last decade, Howard County, Nebraska has experienced notable fluctuations in state and local income taxes per tax return, with yearly figures generally ranging between $4,509.43 and $6,100.00. Despite some peaks and troughs, the overall trajectory suggests a modest upward trend, peaking notably in 2020 at $6,100.00. These patterns may intrigue potential investors and property developers considering the region's fiscal stability and tax burden. For real estate agents, this financial data provides a layer of insight into possible shifts in disposable income and economic resilience within Howard County. Insurance agents and appraisers might also see value in these trends for assessing fiscal health and risk factors associated with the area.
Average Total Tax Liability Per Tax Return in Howard County, NE Over the Last 10 Years
Howard County, Nebraska has seen variability in average total tax liability per tax return over the past decade, reflecting potential shifts in income levels or tax policy changes. Most notable is a significant increase in 2020 and 2021, with the average reaching over $8,893.47 in 2021. This rising trend could indicate growing economic activity or adjustments in tax regulations impacting residents’ financial obligations. Such data could be crucial for future residents, real estate agents, and investors assessing the economic climate and potential financial commitments in the area.
Cost of Living in Howard County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,383 | $2,150 | $1,644 | $1,426 |
| 1 adult 4 children | $1,005 | $1,130 | $1,655 | $1,644 | $1,587 |
| 2 adults 3 children | $1,005 | $1,130 | $1,861 | $1,644 | $1,166 |
| 1 adult 3 children | $1,005 | $923 | $1,365 | $1,644 | $1,305 |
| 2 adults 2 children | $826 | $925 | $1,571 | $1,424 | $962 |
| 1 adult 2 children | $826 | $691 | $1,075 | $1,424 | $990 |
| 2 adults 1 child | $826 | $731 | $1,281 | $706 | $823 |
| 1 adult 1 child | $826 | $472 | $785 | $706 | $689 |
| 2 adults | $628 | $587 | $991 | $0 | $626 |
| 1 adult | $576 | $320 | $496 | $0 | $546 |
Safety trends & Data
Howard County, Nebraska has experienced relatively low and fluctuating property crime rates over the last four years. 2018 saw a slight increase with 1 burglary and 2 incidents each of larceny-theft and motor vehicle theft. In 2019, stolen property offenses peaked with 3 cases. Consistent larceny-theft reports in 2021 and 2022, alongside minimal burglary incidents, suggest a generally low crime environment, potentially appealing to investors, homebuilders, and real estate agents exploring... Read more
Property Crime Trends in Howard County, NE Over the Last 4 Years
Property crime trends in Howard County, Nebraska indicate relatively low and fluctuating numbers over the past four years. In 2018, incidents included 1 burglary and 2 each of larceny-theft and motor vehicle theft, showing a small spike in activity compared to other years. A notable observation is the singular occurrence of stolen property offenses in 2019, peaking at 3 cases. Recent years, particularly 2021 and 2022, saw consistent reports of larceny-theft while maintaining minimal burglary incidents. This data might suggest a generally low crime environment, appealing to potential investors, homebuilders, and real estate agents considering engagement in the area.
Demographics
Howard County, Nebraska's adult population shows a balanced gender ratio with nearly equal numbers of male and female residents. The educational attainment data suggest a high proportion of individuals with at least a high school diploma, but only a modest percentage pursuing graduate or professional degrees. Age distribution reveals a considerable number of individuals in the 55 to 64 age group, potentially indicating an aging population. The racial makeup is predominantly White, with minimal... Read more
Race Distribution in Howard County, Nebraska (2022)
Educational Attainment in Howard County, Nebraska (2022)
Age Distribution in Howard County, Nebraska
Citizen Population in Howard County, Nebraska (2022)
Political Trends & Data
In Howard County, Nebraska, the 2020 U.S. Presidential Election results suggest a pronounced Republican preference, with the party potentially earning around 80% of the vote. Democrats appeared to collect under 20%, and Libertarians barely made a mark with just over 1%. Such a notable division might reflect an entrenched inclination towards conservative values among the residents of this rural... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Howard County, Nebraska, it appears that the Republican party saw a commanding lead in the 2020 U.S. Presidential Election, potentially capturing about 80% of the vote. The Democratic party, on the other hand, seemed to garner less than 20%, while Libertarians barely registered with just over 1%. This significant disparity could suggest a strong preference for conservative values among the constituents in this rural area.
79.58% of voters voted for the Republican party in the 2020 Presidential Election
18.51% of voters voted for the Democrat party in the 2020 Presidential Election
1.91% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Howard County, Nebraska's student-to-teacher ratio has hovered below the national average of 14 students per teacher, peaking at nearly 12 in 2022. This could signal a more personalized learning environment, making the area attractive to families that prioritize education. Real estate professionals might find this appealing for potential buyers, while insurance agents might consider these smaller class sizes when assessing school safety and setting insurance... Read more
Student-to-teacher ratio in Howard County, Nebraska over the last 10 years
The student-to-teacher ratio in Howard County, Nebraska has shown some fluctuations over the last ten years, starting at approximately 10 in 2014 and peaking at nearly 12 in 2022. Most notably, the ratio has generally stayed below the national average of 14 students per teacher, indicating smaller class sizes. For investors, potential residents, and those working in education, these smaller class sizes could suggest a more personalized learning environment, which can enhance educational outcomes. Real estate agents and appraisers might find that this makes Howard County appealing to families prioritizing education. Additionally, smaller class sizes can influence insurance agents' assessments of local schools as safer and less risky for incidents, affecting insurance rates.
