Jefferson County Real Estate and Livability Trends
Jefferson County, Nebraska, has shown a generally rising trend in average taxable incomes, peaking at $62,636.95 in 2019, while local income taxes decreased, stabilizing around $7,550.00 by 2021. Median home values surged from $71,000 in 2015 to $116,700 in 2022, reflecting a robust local market despite lower-than-average state and national levels. Real estate taxes have risen significantly,... Read more
Jefferson County Market Trends
Jefferson County, Nebraska saw its median home values jump from $71,000 in 2015 to $116,700 in 2022, reflecting a robust local market. Despite being lower than state and national levels, the growth rate is notable. Residential energy tax credits in the county have fluctuated significantly, hinting at potential opportunities for energy-efficient investments. Real estate taxes have risen from about... Read more
Median Value of Occupied Housing Units in Jefferson County, Nebraska Over the Last 8 Years
The median home values in Jefferson County, Nebraska, have seen a substantial increase over the past eight years, rising from $71,000 in 2015 to $116,700 in 2022. This growth is quite impressive when viewed against the broader backdrop of Nebraska and the national market. Nebraska's median home values climbed from $133,200 to $205,600 in the same period, while national values went from $125,500 to $179,400. Jefferson County's upward trend could present a significant opportunity for property investors and those planning to move. It's worth noting that while Jefferson County's values are still lower compared to the state and national levels, the rate of increase suggests a robust local market poised for future gains.
Residential Energy Tax Credit Per Tax Return in Jefferson County, NE Over the Last 8 Years
Jefferson County, Nebraska has experienced notable fluctuations in residential energy tax credits over the last eight years. After peaking at $750.00 in 2013, there was a significant drop to $200.00 in 2014 and 2015. A gradual increase occurred from 2016 to 2017, reaching around $266.67. A resurgence was seen in 2019 with an average credit of $533.33, but it dipped back to $200.00 in 2020 before climbing to $400.00 in 2021. This variability might be of interest to those considering energy-efficient investments or evaluating property improvements in the area.
Average Real Estate Taxes Per Tax Return in Jefferson County, NE Over the Last 10 Years
Jefferson County, Nebraska has witnessed notable fluctuations in real estate taxes per tax return over the past decade. Starting at approximately $2,483.67 in 2012, there was a noticeable dip to $2,245.45 by 2015, followed by a significant rise to $3,537.50 in 2018. The highest point reached was $3,837.50 in 2020, demonstrating a trend towards increasing property tax burdens. This trend could suggest rising property values or changes in tax policy, which might be crucial for potential investors, new residents, or real estate professionals to consider.
Percentage of Farm Returns in Jefferson County, NE Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Jefferson County, Nebraska, shows subtle fluctuations, peaking around 15.88% in 2014 and generally staying within the 13.84% to 15.88% range. For those considering an investment, moving, or building property in Jefferson County, this indicates a stable presence of agricultural activity. While farm tax returns aren't the complete picture, they point to the health and trends of the farming sector, which is a cornerstone of the local economy and impacts property values and community development.
Number of Mortgages by Occupancy Type in Jefferson County, NE Over the Last 5 Years in Jefferson County
Over the last five years in Jefferson County, Nebraska, mortgage trends reveal some interesting shifts in occupancy types. Mortgages for principal residences have consistently held the majority, although there is a slight decrease from 2021’s peak of 232 down to 191 in 2022. Investment property mortgages also show fluctuations, with a notable drop from 11 in 2021 to 8 in 2022. Second residences remain minimal, with values not surpassing three per year. These shifts could matter for investors and real estate agents as they point to changing demand dynamics that might affect pricing, rental markets, or even future development projects. For appraisers and insurance agents, understanding these trends is critical in assessing risk, property values, and ensuring appropriate coverage based on occupancy types.
Economic Outlook
Jefferson County, Nebraska, has exhibited generally rising average taxable incomes peaking at $62,636.95 in 2019 despite occasional dips like the $51,592.31 drop in 2016. This trend signals economic resilience and might attract investors and residents seeking stability. Meanwhile, a fluctuating yet decreasing trend in state and local income taxes, stabilizing at around $7,550.00 by 2021, suggests shifting economic policies or changes in the local tax base. Additionally, the county's total tax... Read more
Average Taxable Income per Tax Return in Jefferson County, NE over the last 9 years
Jefferson County, Nebraska has seen fluctuating yet generally rising average taxable income over the past nine years, peaking at $62,636.95 in 2019. While there was a notable dip in 2016 to $51,592.31, the overall trend suggests economic resilience and incremental growth. These shifts may attract investors and residents looking for financially stable regions, though they also signal the need for careful market assessments by real estate professionals and appraisers. An understanding of this variability can be crucial for insurance agents in risk evaluation and policy pricing.
Average State and Local Income Taxes Per Tax Return in Jefferson County, NE Over the Last 10 Years
Over the past decade, Jefferson County, Nebraska has seen a fluctuating yet overall decreasing trend in average state and local income taxes per tax return. Starting at a peak of $9,194.00 in 2012, there was a noticeable dip to $7,953.19 by 2017, with a small rebound in 2019 before stabilizing around $7,550.00 by 2021. This trend might suggest a shift in economic policies or changes in the local tax base, which could be of particular interest to real estate agents, investors, and local residents evaluating the economic landscape for potential growth or stability.
Average Total Tax Liability Per Tax Return in Jefferson County, NE Over the Last 10 Years
Over the last decade, Jefferson County, Nebraska, has seen a gradual decline in average total tax liability per return, starting from about $10,525.10 in 2012 to approximately $8,822.68 in 2021. Although there was a dip to around $7,896.62 in 2018, a slight rebound occurred in 2019 before steadying near the $8,822.68 mark. This data may indicate a broader economic pattern, possibly impacting property values and investment climates. For those considering real estate or financial ventures here, staying abreast of these figures could provide valuable insights into the area's fiscal health and potential for growth.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,030 | $1,351 | $2,027 | $1,271 | $1,189 |
| 1 adult 4 children | $1,030 | $1,103 | $1,551 | $1,271 | $1,322 |
| 2 adults 3 children | $1,030 | $1,104 | $1,758 | $1,271 | $950 |
| 1 adult 3 children | $1,030 | $901 | $1,282 | $1,271 | $1,056 |
| 2 adults 2 children | $826 | $904 | $1,490 | $1,105 | $813 |
| 1 adult 2 children | $826 | $675 | $1,014 | $1,105 | $786 |
| 2 adults 1 child | $826 | $714 | $1,221 | $564 | $737 |
| 1 adult 1 child | $826 | $461 | $745 | $564 | $603 |
| 2 adults | $628 | $574 | $952 | $0 | $587 |
| 1 adult | $562 | $313 | $476 | $0 | $504 |
Safety trends & Data
Jefferson County, Nebraska, shows fluctuating property crime trends that reveal peaks and dips over the past five years. Burglary incidents peaked in 2019 with 7 reported cases but dropped dramatically to 1 in 2020. Larceny-theft spiked to 16 incidents in 2021, whereas vandalism surged with 8 reports in 2020 before diminishing. Sporadic occurrences of fraud and motor vehicle theft suggest they are less consistent issues. These shifts in crime rates may impact real estate investment and property... Read more
Property Crime Trends in Jefferson County, NE Over the Last 5 Years
Jefferson County, Nebraska, has seen fluctuating property crime trends over the past five years. Burglary peaked in 2019 with 7 reported incidents, but significantly dropped to just 1 in 2020. Larceny-theft remains the most consistent concern, with a prominent spike of 16 incidents in 2021. Vandalism saw a noticeable increase in 2020 with 8 reports but has diminished since. Interestingly, certain crimes like fraud and motor vehicle theft appeared sporadically, suggesting they may be less endemic to the area. These dynamics may influence investment and property decisions, underscoring the importance of continual crime monitoring for stakeholders.
Demographics
Jefferson County, Nebraska presents a largely White demographic with around 6,783 individuals, and smaller representations from other racial groups. The age distribution reveals a significant concentration of residents aged 55 to 64 and also those aged 65 to 74, indicating a potentially older average population. Educational attainment is varied, with a notable number of residents, approximately 1,923, having obtained a high school diploma and a good portion with some college education but no... Read more
Race Distribution in Jefferson County, Nebraska (2022)
Educational Attainment in Jefferson County, Nebraska (2022)
Age Distribution in Jefferson County, Nebraska
Citizen Population in Jefferson County, Nebraska (2022)
Political Trends & Data
Jefferson County, Nebraska, exhibited a pronounced conservative tilt in the 2020 U.S. Presidential Election, with approximately 70.4% of votes going to Republican candidates. Democrats and Libertarians trailed significantly with roughly 27.3% and 2.3%, respectively. This clear political preference may shape local policies and community priorities, possibly affecting aspects like zoning laws, tax incentives, and public... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County, Nebraska, showed a strong preference for Republican candidates in the 2020 U.S. Presidential Election with nearly 70.4% of the vote. Democrats garnered roughly 27.3%, while Libertarians attracted a modest 2.3%. The data illustrates a significant lean towards conservative politics in this county, which could influence local policy and community priorities.
70.40% of voters voted for the Republican party in the 2020 Presidential Election
27.34% of voters voted for the Democrat party in the 2020 Presidential Election
2.26% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Jefferson County, Nebraska, boasts a student-to-teacher ratio that consistently sits around 10 to 11 students per teacher, lower than the national average of 14. This could make the area more appealing to families seeking quality education, potentially driving property values up. Real estate agents and investors should highlight this as a selling point, given the correlation between education quality and neighborhood desirability. Additionally, appraisers and insurance agents might consider... Read more
Student-to-teacher ratio in Jefferson County, Nebraska over the last 10 years
Over the last decade, Jefferson County, Nebraska has maintained a student-to-teacher ratio ranging between around 10 and 11 students per teacher. This lower ratio is below the current national average of 14 students per teacher, which might suggest more individualized attention and potentially better educational outcomes. Such trends could appeal to families considering moving to the area and could impact property values positively. Additionally, these figures may be taken into account by appraisers and insurance agents when assessing the community's desirability and risks. Investors and real estate agents should note this as a potential selling point, given that quality of education often correlates with the attractiveness of a neighborhood.
