Lincoln County Real Estate and Livability Trends
Lincoln County, Nebraska's average taxable income rose from $51,890.10 in 2013 to $67,233.13 in 2021, suggesting a growing local economy that might attract real estate investors. However, rising state and local income taxes, which surged from $5,746.00 in 2012 to over $10,100.00 in 2021, could be indicative of policy changes affecting residents. Median home values also saw a notable increase from... Read more
Lincoln County Market Trends
Over the last eight years, median home values in Lincoln County, Nebraska have risen significantly from $114,200 in 2015 to $167,900 in 2022. This trend could signify a more affordable yet ascending market compared to the state and national averages, suggesting lucrative opportunities for investors and relocators. Meanwhile, energy tax credits peaked at $723.08 in 2021, indicating increased... Read more
Median Value of Occupied Housing Units in Lincoln County, Nebraska Over the Last 8 Years
Over the last eight years, median home values in Lincoln County, Nebraska have shown consistent growth from $114,200 in 2015 to $167,900 in 2022. This upward trend suggests Lincoln County might offer a relatively affordable investment opportunity compared to the state and national averages, which in 2022 stood at $205,600 and $179,400, respectively. Those considering investing or relocating might find a compelling reason in the county’s lower price points and its ascending market trajectory.
Residential Energy Tax Credit Per Tax Return in Lincoln County, NE Over the Last 8 Years
Lincoln County, Nebraska has seen notable fluctuations in the average residential energy tax credit per tax return over the past eight years. The figure peaked most recently in 2021 at $723.08, highlighting a growing interest or greater investments in energy-efficient home improvements. In contrast, the lowest average was observed in 2015, with residents claiming just $237.14. This variability is likely influenced by changing incentive programs, energy prices, or local economy shifts, making economic forecasting and decision-making more nuanced for potential investors, real estate agents, and homeowners.
Average Real Estate Taxes Per Tax Return in Lincoln County, NE Over the Last 10 Years
Over the past decade, Lincoln County, Nebraska has seen a steady increase in average real estate taxes per tax return, rising from $3,096.75 in 2012 to $5,036.36 in 2021. The notable spike around 2017, followed by continued growth, could indicate a broader trend of escalating property values and possibly enhanced local services or infrastructure developments. For potential investors or residents, this upward trend in taxes reflects the county's changing economic landscape, which may factor into budgeting for property expenses. Real estate agents, appraisers, and insurance agents should consider these tax changes when advising clients or assessing property values.
Percentage of Farm Returns in Lincoln County, NE Over the Last 10 Years
In Lincoln County, Nebraska, the percentage of farm returns has seen some fluctuations over the past decade but has generally remained between 5.60% and 6.26%. Peaks were observed around 2012 and 2013, followed by a slight decline with occasional upticks. Farm returns essentially represent the portion of tax returns attributed to farming activities, indicating the region's agricultural engagement levels. This trend is significant for potential investors or individuals pondering property development since it provides insight into the economic health and stability of the farming sector in the area. Those invested in agricultural activities might see steadiness despite minor variances, an indicator of the underlying robustness of farming in Lincoln County.
Number of Mortgages by Occupancy Type in Lincoln County, NE Over the Last 5 Years in Lincoln County
Lincoln County, Nebraska has seen fluctuations in mortgage counts for various occupancy types over the past five years, with principal residences dominating the scene. Notably, 2021 saw a spike in mortgages for both principal residences and investment properties, whereas 2022 seems to have experienced a notable decline. Changes in the number of principal residence mortgages can impact the local demand for amenities and school capacities, influencing decisions for potential investors or relocators. Conversely, investment property trends could signal shifts in rental markets or economic confidence, crucial for appraisers and real estate agents to gauge property value trajectories. Second residences, though fewer in number, might reflect subtle shifts in the county’s desirability as a seasonal or retirement destination.
Economic Outlook
Lincoln County, Nebraska's average taxable income per tax return increased from $51,890.10 in 2013 to $67,233.13 in 2021, suggesting a growing local economy. This rising income might appeal to real estate investors and potential movers eyeing economic growth. However, the significant increase in average state and local income taxes—from $5,746.00 in 2012 to over $10,100.00 in 2021—could indicate economic policy changes that impact residents. Moreover, a spike in total tax liability in 2021... Read more
Average Taxable Income per Tax Return in Lincoln County, NE over the last 9 years
Lincoln County, Nebraska has seen a general upward trend in average taxable income per tax return over the past nine years. The numbers rose from $51,890.10 in 2013 to $67,233.13 in 2021. While there were minor fluctuations in 2016 and 2020, the overall trajectory suggests a healthy economic environment. This gradual increase could indicate a growing local economy and might be an encouraging sign for potential real estate investors, property developers, and residents considering moving to the area.
Average State and Local Income Taxes Per Tax Return in Lincoln County, NE Over the Last 10 Years
Over the past decade, Lincoln County, Nebraska has seen a notable increase in average state and local income taxes per tax return. Tax values jumped from approximately $5,746.00 in 2012 to over $10,100.00 by 2021. A particularly significant hike occurred between 2017 and 2018, where the average jumped from about $6,326.00 to around $10,123.00, showcasing a substantial rise in financial pressures on residents. This trend may suggest shifting economic conditions or policy changes, which should be of interest to potential investors, relocators, and financial professionals assessing the region's fiscal landscape.
Average Total Tax Liability Per Tax Return in Lincoln County, NE Over the Last 10 Years
Over the past decade, Lincoln County, Nebraska has seen its average total tax liability per tax return fluctuate, with a noticeable spike in 2021 hitting $10,133.18. Generally, the tax liabilities hovered around the $8,000 to $8,500 range, making the recent surge a potential indicator of economic or policy shifts. This trend is particularly relevant for investors, property developers, and real estate agents assessing the tax landscape, as well as for appraisers and insurance agents calculating fiscal strategies in Lincoln County.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,221 | $1,379 | $2,648 | $1,271 | $1,465 |
| 1 adult 4 children | $1,221 | $1,126 | $2,031 | $1,271 | $1,570 |
| 2 adults 3 children | $1,221 | $1,127 | $2,295 | $1,271 | $1,182 |
| 1 adult 3 children | $1,221 | $920 | $1,677 | $1,271 | $1,265 |
| 2 adults 2 children | $859 | $922 | $1,941 | $1,105 | $905 |
| 1 adult 2 children | $859 | $689 | $1,324 | $1,105 | $860 |
| 2 adults 1 child | $859 | $729 | $1,588 | $564 | $805 |
| 1 adult 1 child | $859 | $471 | $971 | $564 | $641 |
| 2 adults | $653 | $586 | $1,234 | $0 | $635 |
| 1 adult | $648 | $319 | $617 | $0 | $551 |
Safety trends & Data
Property crime trends in Lincoln County, Nebraska reveal notable shifts that could influence real estate decisions. Larceny-Theft cases dropped from 209 in 2018 to 119 in 2021 but climbed to 168 in 2022. Burglary incidents show a sporadic pattern, peaking at 25 in 2018, dipping to 7 in 2019, and rising to 24 in 2022. Arson and Motor Vehicle Theft incidents have mostly stayed low. These fluctuations may affect property values and risk assessments, providing valuable insights for real estate... Read more
Property Crime Trends in Lincoln County, NE Over the Last 5 Years
Lincoln County, Nebraska has experienced a mixed trend in property crimes over the past five years. Notable fluctuations include a significant reduction in Larceny-Theft cases from 209 in 2018 to 119 in 2021, but increasing again to 168 in 2022. Instances of Arson and Motor Vehicle Theft have mostly remained low, whereas Burglary incidents show a sporadic pattern, peaking at 25 in 2018, dropping to 7 in 2019, and reaching 24 by 2022. For real estate investors and insurance agents, these fluctuations in crime rates could impact property values and risk assessments. This data may also interest potential residents, offering a nuanced understanding of local safety trends, while appraisers and real estate agents can provide more accurate guidance based on these shifts.
Demographics
Lincoln County, Nebraska shows a relatively balanced gender distribution among adults. The educational attainment data suggests high school graduates form the largest group, with a notable proportion of residents having some college education but no degree. Age distribution indicates a substantial number of residents are in the 35 to 44 and 55 to 64 age brackets. Racially, the county is predominantly White with small but present minority populations, highlighting limited racial diversity in the... Read more
Race Distribution in Lincoln County, Nebraska (2022)
Educational Attainment in Lincoln County, Nebraska (2022)
Age Distribution in Lincoln County, Nebraska
Citizen Population in Lincoln County, Nebraska (2022)
Political Trends & Data
Lincoln County, Nebraska's real estate market might be influenced by its political landscape, with about 76% of voters leaning Republican in the 2020 U.S. Presidential Election. This strong Republican presence could suggest a community with potentially conservative values, possibly impacting local policies and regulations, which in turn may affect property preferences and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Lincoln County, Nebraska, the 2020 U.S. Presidential Election results appeared to heavily favor the Republican party, securing almost 76% of the votes. Meanwhile, Democrats garnered roughly 22%, with the Libertarian party managing just about 2%. These figures possibly indicate a strong Republican presence within the county's electorate.
76.41% of voters voted for the Republican party in the 2020 Presidential Election
21.58% of voters voted for the Democrat party in the 2020 Presidential Election
2.01% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Lincoln County, Nebraska's student-to-teacher ratio has edged up from around 13 to about 14 students per teacher, mirroring national trends. This change could influence perceptions of educational quality, making it a key factor for homebuyers, real estate agents, and investors analyzing the long-term growth potential of the area. Additionally, it offers valuable insights for policymakers and educational planners focusing on class size... Read more
Student-to-teacher ratio in Lincoln County, Nebraska over the last 10 years
Lincoln County, Nebraska has seen a relatively stable student-to-teacher ratio hovering around 13 students per teacher for much of the past decade. However, the last two years have seen a noticeable increase, reaching around 14 students per teacher, aligning with the current national average. This shift could impact the quality of education and classroom attention, which is critical for parents assessing local schools, real estate agents highlighting school district strengths, and investors considering the area's long-term growth potential. It also presents a point of interest for policymakers and educational planners aiming to manage class sizes effectively.
