Kearney County Real Estate and Livability Trends
Kearney County, Nebraska, has seen an impressive rise in median home values from $109,900 in 2015 to $203,200 in 2022, significantly outstripping both state and national growth rates. Real estate taxes have also increased, reflecting rising property valuations, and peaked at $4,488.89 in 2021. Although energy efficiency investments have been sporadic, they suggest potential incentive programs.... Read more
Kearney County Market Trends
Kearney County, Nebraska has experienced a significant uptick in median home values, surging from $109,900 in 2015 to $203,200 in 2022, far outpacing state and national growth rates. Real estate taxes have shown a generally upward trend, starting at $2,972.41 in 2012 and peaking at $4,488.89 in 2021, indicating rising property valuations. The market predominantly features primary residences,... Read more
Median Value of Occupied Housing Units in Kearney County, Nebraska Over the Last 8 Years
Over the past eight years, median home values in Kearney County, Nebraska have surged from $109,900 in 2015 to $203,200 in 2022, outpacing both state and national growth rates. While Nebraska's median values rose from $133,200 to $205,600 during the same period, national values increased from $125,500 to $179,400. This robust growth in Kearney County likely reflects underlying economic developments or increased demand, making it an interesting option for potential investors and homebuyers when compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Kearney County, NE Over the Last 8 Years
Kearney County, Nebraska has seen a fluctuating trend in the average residential energy tax credit per tax return over the past eight years. Significant spikes can be observed in 2014 and 2016 with credits reaching around $985.71 and $1933.33 respectively, while other years like 2015 and 2019 saw much lower averages ($280.00 and $225.00). This variation could imply sporadic large investments in energy-efficient home improvements rather than consistent annual expenditures, potentially signaling opportunities for energy-related incentive programs or rebates. Understanding these fluctuations may benefit real estate agents, property developers, and homeowners looking to maximize potential tax benefits from energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Kearney County, NE Over the Last 10 Years
Kearney County, Nebraska has seen a somewhat fluctuating yet generally upward trend in real estate taxes per tax return over the last decade. Starting at $2,972.41 in 2012 and peaking at $4,488.89 by 2021, significant jumps are noticeable, particularly post-2017. These increases might suggest a rising valuation in properties, potential shifts in tax rates, or both, which could impact investment opportunities, property appraisals, and insurance considerations. For those planning to settle or invest here, understanding these tax trends can be pivotal in making informed decisions.
Percentage of Farm Returns in Kearney County, NE Over the Last 10 Years
The percentage of farm tax returns in Kearney County, Nebraska has seen some fluctuation over the last decade, generally hovering around 11.0% to 12.0%. While 2014 and 2017 peaked near 11.97%, 2021 saw a dip to approximately 10.38%. Farm tax returns serve as an indicator of agricultural activity and economic health in the region. These percentages offer valuable insights for potential investors, developers, or new residents interested in Kearney County's rural economy, suggesting relatively stable but slightly varied farm income trends.
Number of Mortgages by Occupancy Type in Kearney County, NE Over the Last 5 Years in Kearney County
Over the last five years in Kearney County, Nebraska, there has been a noticeable fluctuation in the types of properties being mortgaged. While principal residences consistently dominate the numbers, peaking in 2020 with 278 mortgages, investment properties and second residences see much lower counts, with investment properties ranging from 3 to 9 mortgages annually and second residences rarely exceeding 3. These trends potentially indicate a stable, owner-occupied market with limited but varying interest in investment opportunities and second homes. For investors, understanding these dynamics could influence decisions on where to focus efforts, and for those looking to move, it reveals a community largely made up of primary homeowners, which may reflect on property values and neighborhood stability. Appraisers and real estate agents might also find these trends useful in assessing the market.
Economic Outlook
Kearney County, Nebraska has observed a fluctuating yet upward trend in average taxable income per tax return, growing from $66,573.73 in 2013 to $89,229.65 in 2021. Although state and local income taxes have seen a gradual decline from $9,543.75 in 2014 to $6,281.82 in 2021, the total tax liability has displayed significant volatility, peaking at $14,658.33 in 2021. These economic indicators suggest a potentially strengthening local economy and evolving investment opportunities, making Kearney... Read more
Average Taxable Income per Tax Return in Kearney County, NE over the last 9 years
Over the past nine years, Kearney County, Nebraska has experienced a fluctuating yet upward trend in average taxable income per tax return. Starting around $66,573.73 in 2013, there was a notable dip to approximately $59,635.53 in 2016, but by 2021, this had surged to around $89,229.65. This increase, particularly the significant jump between 2020 and 2021, potentially reflects a growing economic prosperity or changes in the local economic environment. For investors, real estate agents, and anyone considering moving to Kearney County, these income trends could indicate a strengthening local economy and evolving market opportunities.
Average State and Local Income Taxes Per Tax Return in Kearney County, NE Over the Last 10 Years
Over the past decade, Kearney County, Nebraska has seen a notable fluctuation in average state and local income taxes per tax return. Starting from a high of approximately $9,543.75 in 2014, there has been a gradual decline, bottoming out at $5,441.67 in 2019, before slightly rebounding to around $6,281.82 in 2021. This trend may suggest shifting economic conditions in the region, potentially impacting decisions for those considering property investments, relocations, or business developments within the county. For appraisers and insurance agents, understanding these dynamic tax changes could provide valuable insights into the local financial landscape.
Average Total Tax Liability Per Tax Return in Kearney County, NE Over the Last 10 Years
Kearney County, Nebraska has seen notable fluctuations in average total tax liability per tax return over the past decade. There was a peak in 2013 at $12,474.09 and a significant rise again in 2021 to $14,658.33. However, between 2015 and 2018, the average liability experienced a marked decrease, even dropping to $8,705.86 in 2018. This volatility could reflect changes in local economic conditions, tax policies, or the wealth of the county’s residents, which might interest those considering investments, real estate transactions, or tax planning in the area.
Cost of Living in Kearney County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,025 | $1,532 | $2,140 | $1,271 | $1,357 |
| 1 adult 4 children | $1,025 | $1,251 | $1,638 | $1,271 | $1,489 |
| 2 adults 3 children | $1,025 | $1,252 | $1,856 | $1,271 | $1,089 |
| 1 adult 3 children | $1,025 | $1,022 | $1,354 | $1,271 | $1,196 |
| 2 adults 2 children | $842 | $1,025 | $1,571 | $1,105 | $912 |
| 1 adult 2 children | $842 | $765 | $1,070 | $1,105 | $903 |
| 2 adults 1 child | $842 | $810 | $1,287 | $564 | $818 |
| 1 adult 1 child | $842 | $523 | $786 | $564 | $689 |
| 2 adults | $640 | $651 | $1,003 | $0 | $669 |
| 1 adult | $573 | $355 | $502 | $0 | $555 |
Safety trends & Data
Kearney County, Nebraska's property crime trends have shown some fluctuations over the past five years. Vandalism reports have ranged between 2 and 7 annually. Larceny-theft spiked in 2019 with 4 incidents, while motor vehicle thefts remain sporadic. Burglary, though infrequent, is continually present, and fraud-related crimes like forgery and counterfeiting were only noted in 2020. These trends could influence property values and insurance premiums, highlighting the need for continued... Read more
Property Crime Trends in Kearney County, NE Over the Last 5 Years
Kearney County, Nebraska has shown somewhat fluctuating property crime trends over the past five years. Vandalism remains consistently reported, with instances ranging from 2 to 7 annually. Larceny-theft and motor vehicle theft have seen sporadic occurrences, with a noticeable peak in larceny-theft in 2019 reaching 4 incidents. Burglary, although rare, has maintained a steady presence. Fraud-related crimes such as forgery and counterfeiting appear isolated, reported only in 2020. These trends may suggest a generally stable yet occasionally volatile property crime environment, underscoring the necessity for ongoing vigilance and potentially influencing property values and insurance premiums.
Demographics
Kearney County, Nebraska, exhibits a balanced gender population with a slight female majority. Educational attainment here spans broadly, though a significant portion holds only high school diplomas or some college education without degrees. Age-wise, the population skews older with notable groups between 35 to 64 years, hinting at a matured resident base. Racially, the county is overwhelmingly White with minimal diversity, though there are small representations of various other... Read more
Race Distribution in Kearney County, Nebraska (2022)
Educational Attainment in Kearney County, Nebraska (2022)
Age Distribution in Kearney County, Nebraska
Citizen Population in Kearney County, Nebraska (2022)
Political Trends & Data
Kearney County, Nebraska, tends to lean heavily conservative, with about 78% of the 2020 U.S. Presidential Election votes possibly going to Republicans and only around 19% to Democrats. Libertarians had minimal influence, with just 2% of the vote. This strong Republican preference could indicate a community that values conservative policies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kearney County, Nebraska, displayed a strong Republican preference in the 2020 U.S. Presidential Election, with Republicans possibly securing around 78% of the vote, while Democrats garnered approximately 19%. The Libertarian party's presence was minimal at roughly 2%, reflecting its limited influence in this area. These figures might suggest a predominantly conservative leaning in the county's political landscape.
78.30% of voters voted for the Republican party in the 2020 Presidential Election
19.45% of voters voted for the Democrat party in the 2020 Presidential Election
2.25% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Kearney County, Nebraska's student-to-teacher ratio has fluctuated over the past decade, hitting a peak of nearly 15 and then dropping to about 10 in 2023, which is below the national average of 14. This lower ratio could be indicative of smaller class sizes and potentially better educational outcomes, making the area attractive to prospective residents and investors. Enhanced educational quality often has positive implications for property values, contributing to the overall appeal of the... Read more
Student-to-teacher ratio in Kearney County, Nebraska over the last 10 years
Over the past decade, Kearney County, Nebraska's student-to-teacher ratio has shown some fluctuations, with values moving from 13 in 2014 to peaking at nearly 15 in some years, and suddenly dropping to about 10 in 2023. This is below the current national average of 14 students per teacher, potentially indicating smaller class sizes which could be seen as beneficial for individualized attention and educational outcomes. Such shifts may generally interest investors, real estate agents, and prospective residents, as lower student-to-teacher ratios often suggest a higher quality of education, which can enhance property values and the overall appeal of the county.
