Kimball County Real Estate and Livability Trends
Kimball County, Nebraska's median home values show notable fluctuations, peaking at $92,500 in 2022 and hitting a low of $79,000 in 2021, offering more budget-friendly investment options compared to the state median of $205,600. Real estate tax averages per return have ranged between $2,075.00 and $2,809.52 over the past decade, indicating an unpredictable tax landscape. Notably, the county's... Read more
Kimball County Market Trends
Kimball County, Nebraska's median home values have fluctuated over the past eight years, peaking at $92,500 in 2022, with a low of $79,000 in 2021. This stands in contrast to the state median of $205,600, offering a more budget-friendly investment option. Average real estate taxes per tax return in the county have varied between $2,075.00 and $2,809.52 over the past decade, hinting at an... Read more
Median Value of Occupied Housing Units in Kimball County, Nebraska Over the Last 8 Years
Over the last eight years, Kimball County, Nebraska displayed a fluctuation in median home values, peaking at $92,500 in 2022 after hitting a low of $79,000 in 2021. Compared to Nebraska's state median, which soared to $205,600 in 2022, Kimball County offers a more budget-friendly investment option. With the national median hitting $179,400 in recent years, Kimball County's affordable market might attract those looking for economic housing investments while remaining in a less volatile market.
Average Real Estate Taxes Per Tax Return in Kimball County, NE Over the Last 10 Years
In the past decade, average real estate taxes per tax return in Kimball County, Nebraska have fluctuated but generally hovered between $2,075.00 and $2,809.52. This variability suggests a somewhat unstable tax landscape, which could mean unpredictable costs for property owners and investors. For those interested in the market, this may warrant closer scrutiny into what drives these changes, potentially involving assessments or policy shifts. Real estate agents and appraisers might find this data useful for advising clients, while insurance agents could factor this into premium forecasts.
Percentage of Farm Returns in Kimball County, NE Over the Last 10 Years
Kimball County, Nebraska, has seen a modest but consistent presence of farm tax returns over the last decade, settling around the 12% to 14% range. The percentages show slight fluctuations year by year, but there is no drastic shift in the overall trend. This steady performance in farm tax returns might suggest stability in the agricultural sector, which could be appealing to investors and residents looking for a community with a solid farming base. It's also an interesting point for those examining long-term investments in agricultural properties or enterprises within the county.
Number of Mortgages by Occupancy Type in Kimball County, NE Over the Last 5 Years in Kimball County
Kimball County, Nebraska shows fluctuating trends in mortgage counts by occupancy type over the last five years, with a marked dominance in Principal Residence mortgages, peaking at 149 in 2021. In contrast, Investment Property mortgages saw a notable drop from 9 in 2018 to just 2 in 2022, while Second Residence loans remained relatively low and stable. Such variations can impact investor strategies, as dwindling investment property loans might suggest a shifting market or a potential for less competition in that segment. Homebuyers and real estate agents could leverage these insights to understand demand dynamics, while insurers and appraisers might adjust their risk assessments and valuations accordingly, especially given the stability in primary residence mortgages.
Economic Outlook
Kimball County, Nebraska's average taxable income per tax return has seen ups and downs, dipping to a low of $43,804.35 in 2017 but rising to $57,115.72 in 2021. State and local income tax averages have varied as well, ranging from $4,875.00 in 2019 to $8,450.00 in 2018. Total tax liability per return has also shown notable fluctuation, from a high of $8,025.00 in 2012 to a low of $6,072.03 in 2020. These trends highlight a somewhat unstable economic environment, offering key insights for real... Read more
Average Taxable Income per Tax Return in Kimball County, NE over the last 9 years
Kimball County, Nebraska, has seen some fluctuation in its average taxable income per tax return over the past nine years, with noticeable dips around 2015 and 2016, hitting a low of $43,804.35 in 2017. However, more recent years show recovery, peaking at $57,115.72 in 2021. These variations are important for anyone considering investing, moving, or working in real estate within the county as they indicate the level of economic stability and growth potential. For appraisers and insurance agents, understanding these trends can also guide assessments and risk evaluations.
Average State and Local Income Taxes Per Tax Return in Kimball County, NE Over the Last 10 Years
Kimball County, Nebraska has seen notable fluctuations in average state and local income taxes per tax return over the past decade, ranging from a low of $4,875.00 in 2019 to a high of $8,450.00 in 2018. Such variability could reflect economic shifts, changes in tax policy, or demographic changes within the county. These trends provide valuable insights for potential investors, property developers, and real estate professionals who monitor financial stability and tax burdens in the area. Understanding these tax trends is critical for making informed decisions regarding property valuations and investment strategies.
Average Total Tax Liability Per Tax Return in Kimball County, NE Over the Last 10 Years
Kimball County, Nebraska has seen its average total tax liability per tax return fluctuate substantially over the past decade, starting at $8,025.00 in 2012 and experiencing a low of $6,072.03 in 2020. This volatility suggests an unstable economic backdrop, which potential investors and property developers may find concerning. For real estate agents and insurance appraisers, awareness of these fluctuations is crucial as it might reflect broader economic conditions that influence property values and risk assessments. Understanding this trend could help in making more informed decisions regarding investments or property development in the area.
Cost of Living in Kimball County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,112 | $1,379 | $2,648 | $1,271 | $1,521 |
| 1 adult 4 children | $1,112 | $1,126 | $2,031 | $1,271 | $1,636 |
| 2 adults 3 children | $1,112 | $1,127 | $2,295 | $1,271 | $1,231 |
| 1 adult 3 children | $1,112 | $920 | $1,677 | $1,271 | $1,324 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $966 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $944 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $858 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $688 |
| 2 adults | $628 | $586 | $1,234 | $0 | $677 |
| 1 adult | $562 | $319 | $617 | $0 | $560 |
Safety trends & Data
In Kimball County, Nebraska, property crime patterns have been sporadic over the past three years, marked by low incident numbers overall. Interestingly, 2018 experienced a spike in larceny-theft with three cases, whereas recent years show a shift towards crimes like vandalism, motor vehicle theft, and fraud. These trends could indicate changes in local enforcement policies or underlying economic and social dynamics, which might be relevant to investors, real estate agents, and residents... Read more
Property Crime Trends in Kimball County, NE Over the Last 3 Years
Property crime in Kimball County, Nebraska exhibits a sporadic pattern over the past three years, with low overall incident numbers. Notably, 2018 saw a higher incidence of larceny-theft with three cases, while recent years highlight a shift towards crimes like vandalism, motor vehicle theft, and fraud. This varying crime profile could signal changes in local enforcement or underlying economic and social factors that potential investors, real estate agents, and residents might find relevant.
Demographics
Kimball County, Nebraska, shows a slight gender balance in its adult population, leaning slightly towards males. Educational attainment suggests a large proportion have completed high school, with fewer pursuing higher education degrees. Age distribution indicates a relatively balanced spread across all age ranges, with notable populations under ten years and between 55 to 64 years. The racial makeup is predominantly White, with very minimal representation from other racial backgrounds. This... Read more
Race Distribution in Kimball County, Nebraska (2022)
Educational Attainment in Kimball County, Nebraska (2022)
Age Distribution in Kimball County, Nebraska
Citizen Population in Kimball County, Nebraska (2022)
Political Trends & Data
Kimball County, Nebraska, showed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with approximately 83.00% of the votes. Democrats garnered around 14.00%, while the Libertarian party secured just over 2.00%. No notable support for other parties was recorded. This pronounced preference for the Republican party is worth noting for anyone considering the political landscape of this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kimball County, Nebraska, showed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with approximately 83 percent of the votes. Democrats garnered around 14 percent, while the Libertarian party secured just over 2 percent. The Green party didn't register any votes, and no notable support for other parties was recorded. This pronounced preference for the Republican party is worth noting for anyone considering the political landscape of this county.
83.40% of voters voted for the Republican party in the 2020 Presidential Election
14.30% of voters voted for the Democrat party in the 2020 Presidential Election
2.29% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Kimball County, Nebraska has seen varying student-to-teacher ratios over the past decade, bottoming out at eight in 2017 and hitting twelve in 2014, yet mostly staying under ten recently. This is notably lower than the national average of fourteen, hinting at smaller class sizes and potentially more individualized attention for students. For real estate investors and families, these ratios could positively impact property values and community allure. Appraisers and insurance agents might also... Read more
Student-to-teacher ratio in Kimball County, Nebraska over the last 10 years
Kimball County, Nebraska has experienced a fluctuating student-to-teacher ratio over the past decade, dipping as low as eight in 2017 and peaking around twelve in 2014. Although it has mostly stayed under ten in recent years, the county's ratio remains significantly below the national average of fourteen. For prospective investors, real estate agents, and families considering a move, these lower ratios could indicate smaller class sizes and potentially more individualized attention for students. For appraisers and insurance agents, the area's education quality metrics might be a subtle but crucial factor influencing property values and community attractiveness. Understanding these educational trends can provide a comprehensive view for those looking to build or sell property within the county.
