Keith County Real Estate and Livability Trends
Keith County, Nebraska has witnessed a considerable climb in median home values from $99,700 in 2015 to $158,900 in 2022, surpassing state-level growth rates. This rise indicates potential investment appeal, especially given its competitively lower costs. Economic factors like fluctuating state and local income taxes, reaching $8,650.00 in 2021, and an increase in real estate taxes could impact... Read more
Keith County Market Trends
Keith County, Nebraska has seen a significant surge in median home values, rising from $99,700 in 2015 to $158,900 in 2022, outpacing the rate of increase at the state level. This rapid growth might signal appealing investment opportunities, especially given its below-average costs compared to both state and national figures. Fluctuations in residential energy tax credits, peaking at $4,233.33 in... Read more
Median Value of Occupied Housing Units in Keith County, Nebraska Over the Last 8 Years
Keith County, Nebraska, has experienced quite a surge in median home values over the last eight years, starting at $99,700 in 2015 and rocketing to $158,900 in 2022. Compared to Nebraska's statewide trend, where median values began at $133,200 in 2015 and reached $205,600 in 2022, Keith County has stayed under the state average but demonstrated a more rapid rate of increase in recent years. Nationally, the median housing value saw a jump from $125,500 in 2015 to $179,400 in 2022, placing Keith County below the national average but showing some compelling growth that could make it an attractive prospect for investors or new residents considering more affordable options within Nebraska.
Residential Energy Tax Credit Per Tax Return in Keith County, NE Over the Last 8 Years
Keith County, Nebraska has seen significant fluctuations in residential energy tax credits per tax return over the past eight years, peaking notably in 2019 at $4233.33. This suggests substantial energy-efficient upgrades or installations that year, possibly influenced by specific incentives or local regulations. Lower average credits in years like 2015 and 2016, hovering around $257.14 and $200.00 respectively, may indicate less investment in such improvements or fewer available incentives. For appraisers, insurance agents, builders, and real estate agents, these trends could hint at periods of heightened property value or newer, energy-efficient structures entering the market, providing clients or stakeholders with valuable insights for property valuation and investment strategy.
Average Real Estate Taxes Per Tax Return in Keith County, NE Over the Last 10 Years
Over the last decade, Keith County, Nebraska has seen a fluctuating but generally upward trend in average real estate taxes per tax return. Starting at around $2,470.83 in 2012, the taxes peaked in 2020 at $4,069.23 before seeing a slight dip to $3,292.86 in 2021. This rise in taxes could hint at increasing property values or shifts in local economic factors. For investors and real estate agents, this suggests a growing demand and potentially higher property prices, while appraisers and insurance agents might see this as a sign of changing property conditions and associated risks.
Percentage of Farm Returns in Keith County, NE Over the Last 10 Years
Farm tax returns in Keith County, Nebraska have generally ranged from around 7.52% to 9.25% over the last decade, indicating that farmland consistently constitutes a notable segment of local economic activity. The data shows a small dip around 2015 but largely reflects stability with periodic increases, peaking in 2018. This suggests that agriculture remains a reliable economic backbone. For investors, property developers, or those considering relocation, this may signify stable opportunities within the agricultural sector, paired with the consistency in farm-related income at a local level.
Number of Mortgages by Occupancy Type in Keith County, NE Over the Last 5 Years in Keith County
Over the last five years, Keith County, Nebraska has seen a consistent demand for mortgages primarily in principal residences, with numbers peaking at 380 in 2021 before a slight decline to 307 in 2022. In contrast, investment properties and second residences experienced more fluctuation, with a notable drop in investment property mortgages from 63 in 2021 to 39 in 2022. These changes in occupancy type might matter for investors and appraisers as they hint at shifting economic conditions and living preferences which could influence property values, insurance rates, and future development investments. This evolving mortgage landscape could be particularly insightful for real estate agents and builders looking to gauge market health and residential needs.
Economic Outlook
Keith County, Nebraska has seen a steady rise in average taxable income per tax return from roughly $49,675.63 in 2013 to around $61,821.73 in 2021, hinting at promising economic growth. Interestingly, state and local income taxes have also fluctuated, peaking at $8,650.00 in 2021 from a low of $5,258.82 in 2018, which could affect long-term financial planning for investors and buyers. The average total tax liability per tax return has similarly fluctuated, with a notable high at $9,166.22 in... Read more
Average Taxable Income per Tax Return in Keith County, NE over the last 9 years
Keith County, Nebraska has seen a gradual increase in average taxable income per tax return over the past nine years. Starting from an average of roughly $49,675.63 in 2013, the latest figures from 2021 indicate an average of around $61,821.73. While there were slight fluctuations, the overall trend suggests a rise in incomes, particularly notable from 2018 onwards. For potential investors, builders, and real estate professionals, this upward trend could signal promising economic growth and a potentially higher standard of living. Such data might also be relevant for insurance agents and appraisers to consider for risk assessment and property valuation.
Average State and Local Income Taxes Per Tax Return in Keith County, NE Over the Last 10 Years
Keith County, Nebraska has seen notable fluctuations in average state and local income taxes per tax return over the past decade. With a low of $5,258.82 in 2018 and a high of $8,650.00 in 2021, potential investors and residents may find these changes relevant when considering long-term financial commitments. Real estate professionals and financial advisors in the area may need to account for these tax variations when advising clients. This trend can also be a critical factor for appraisers and insurance agents when assessing property values and related financial risks.
Average Total Tax Liability Per Tax Return in Keith County, NE Over the Last 10 Years
Keith County, Nebraska has experienced fluctuating average total tax liabilities per tax return over the past decade, with recent years showing a notable increase. The tax liability peaked in 2021 at $9,166.22 after a dip in 2019 to $7,131.29. These variations could impact potential investors, property developers, appraisers, insurance agents, and real estate professionals considering stability and trends in the local market. Understanding these shifts is crucial for those interested in assessing the financial environment of the area.
Cost of Living in Keith County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,077 | $1,379 | $2,648 | $1,271 | $1,473 |
| 1 adult 4 children | $1,077 | $1,126 | $2,031 | $1,271 | $1,582 |
| 2 adults 3 children | $1,077 | $1,127 | $2,295 | $1,271 | $1,186 |
| 1 adult 3 children | $1,077 | $920 | $1,677 | $1,271 | $1,270 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $946 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $916 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $839 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $670 |
| 2 adults | $628 | $586 | $1,234 | $0 | $662 |
| 1 adult | $562 | $319 | $617 | $0 | $545 |
Safety trends & Data
Keith County, Nebraska has seen notable trends in property crime, with Larceny - Theft cases dropping from 33.0 incidents in 2018 to 14.0 in 2022, which could indicate a safer environment for investment. However, Vandalism incidents have seen a slight increase, hitting 7.0 in 2022. Meanwhile, Motor Vehicle Theft and Fraud show inconsistent numbers, suggesting unpredictability that warrants careful risk assessment for investors and residents. Overall, these mixed crime trends suggest a... Read more
Property Crime Trends in Keith County, NE Over the Last 5 Years
Keith County, Nebraska has seen varying trends in property crimes over the last five years. Larceny - Theft has steadily declined from 33.0 incidents in 2018 to 14.0 in 2022, suggesting a potential decrease in this type of crime, which could be a positive indicator for potential investors and residents. Interestingly, Vandalism incidents have remained relatively steady, with a slight uptick in the later years, peaking at 7.0 in 2022. Other crimes like Motor Vehicle Theft and Fraud show sporadic figures, hinting at less predictability, which might be essential for risk assessment in property investment or insurance. The overall mixed trends imply a need for cautious optimism when considering Keith County for relocation or investment.
Demographics
Keith County, Nebraska shows a nearly even split between male and female adults, supporting roughly balanced community dynamics. The county's educational landscape suggests a significant portion of adults have some college experience but no degree. This might indicate opportunities for higher education institutions to enhance completion rates. The age distribution reveals a more mature population, with the highest concentration in the 55-64 age range, hinting at future increases in demand for... Read more
Race Distribution in Keith County, Nebraska (2022)
Educational Attainment in Keith County, Nebraska (2022)
Age Distribution in Keith County, Nebraska
Citizen Population in Keith County, Nebraska (2022)
Political Trends & Data
Keith County, Nebraska, exhibits a dominant preference for Republican candidates, registering over 81% of the votes in recent presidential elections. Democrats capture roughly 17%, and Libertarians hold minimal influence at around 1%. This conservative majority may shape local policies and political strategies, potentially influencing development priorities and regulatory approaches in the local real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Keith County, Nebraska, shows a strong leaning towards Republican candidates, with over 81% of votes. Democrats received approximately 17%, while Libertarian support was minimal at about 1%. These figures suggest a heavily conservative voter base, which might impact local policies and political strategies.
81.21% of voters voted for the Republican party in the 2020 Presidential Election
17.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.31% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Keith County, Nebraska boasts a student-to-teacher ratio consistently lower than the national average of 14, ranging between 10 and 12 over the past decade. This trend indicates smaller class sizes, which can be appealing for parents who prioritize individualized attention for their children. From a real estate perspective, such stable and favorable educational metrics could enhance property values, making it a potentially attractive area for buyers focused on securing a supportive school... Read more
Student-to-teacher ratio in Keith County, Nebraska over the last 10 years
Keith County, Nebraska has consistently maintained a student-to-teacher ratio lower than the national average of 14 over the past decade. The ratio has fluctuated between 10 and 12, with a notable dip to around 10 in 2016 and a peak of approximately 12 in 2014 and 2023. This lower ratio suggests smaller class sizes, which may be attractive to parents seeking more individualized attention for their children. From an investment perspective, the consistent under-average ratios could imply stable school environments, potentially enhancing property values in the area. For those in real estate or moving to the area, these educational metrics might be a key selling point.
