Logan County Real Estate and Livability Trends
Logan County, Nebraska's average taxable income has shown noteworthy fluctuations, peaking at $47,554.29 in 2014 and dipping to $39,461.76 in 2018, before rebounding to $45,097.06 by 2021. Despite these income variations, median home values have remained relatively steady, with a 2022 median of $123,600, providing a potentially attractive entry for investors and new homeowners. Notably, real... Read more
Logan County Market Trends
Median home values in Logan County, Nebraska, have held steady over the past eight years, showing only minor fluctuations and implying a lower risk profile compared to broader markets. The 2022 median value of $123,600 is notably lower than both the state and national medians, making it a potentially appealing entry point for new homeowners or investors. Real estate taxes in the county have... Read more
Median Value of Occupied Housing Units in Logan County, Nebraska Over the Last 8 Years
Median home values in Logan County, Nebraska, have stayed relatively stable over the past eight years, seeing only modest fluctuations. For those considering investment, these more conservative changes might suggest a lower risk profile compared to the broader Nebraska and national markets. While Logan County's 2022 median value of $123,600 is still lower than the state's $205,600 and the national $179,400, it could provide a more accessible entry point for new homeowners or investors.
Average Real Estate Taxes Per Tax Return in Logan County, NE Over the Last 6 Years
Logan County, Nebraska has experienced a fluctuating trend in real estate taxes per tax return over the last six years. Starting at $1,700.00 in 2012, it peaked at $2,000.00 in 2013 before seeing a notable decline, reaching the lowest point of $1,250.00 in 2017. For potential investors, appraisers, and real estate agents, these variances might suggest shifting property values or policy changes affecting tax assessments. While buyers and builders might see this as an advantage in forecasting future financial commitments, insurance agents should assess how these changing taxes influence overall property insurability.
Percentage of Farm Returns in Logan County, NE Over the Last 10 Years
Over the last decade, farm tax returns in Logan County, Nebraska, have fluctuated between approximately 28.57% and 35.48%. This suggests a relatively stable agricultural sector with occasional peaks, such as in 2017. Farm tax returns are essentially tax filings specifically for income earned from farming activities, indicating how profitable the farming business is in the area. For potential investors or those interested in the property market, these figures can reflect the economic health and sustainability of farming - a crucial aspect given the agricultural nature of Nebraska.
Number of Mortgages by Occupancy Type in Logan County, NE Over the Last 5 Years in Logan County
In Logan County, Nebraska, there's an observable trend highlighting the dominance of principal residence mortgages, peaking at 23 in 2021 before reverting to 11 in 2022. Investment property and second residence mortgages are minimal, with only one each in select years. Shifts in occupancy type can influence local property values and tax income, which is crucial for investors, real estate agents, and appraisers to monitor. For insurance agents, a lower rate of investment property may suggest a stable residential community, potentially impacting risk assessments. Understanding these trends can provide valuable insights for those considering relocations, investments, or development in the area.
Economic Outlook
Logan County, Nebraska, has experienced significant fluctuations in average taxable income, peaking at $47,554.29 in 2014 and dipping to $39,461.76 in 2018 before rebounding to $45,097.06 by 2021. State and local income taxes have also varied, increasing from $2,700.00 in 2012 to $4,200.00 by 2017 with noticeable changes reflective of the region's economic conditions. Additionally, total tax liability per tax return showed peaks in 2014 and 2021, suggesting potential economic shifts. These... Read more
Average Taxable Income per Tax Return in Logan County, NE over the last 9 years
Logan County, Nebraska has shown fluctuations in average taxable income per tax return over the past nine years, peaking in 2014 at $47,554.29. Subsequent years have seen varying amounts, with a notable dip in 2018 to $39,461.76 and a rebound to $45,097.06 by 2021. These income trends may potentially affect property values, tax rates, and overall economic outlook in the county, crucial for investors, real estate professionals, and residents when making financial decisions.
Average State and Local Income Taxes Per Tax Return in Logan County, NE Over the Last 6 Years
Over the last six years, Logan County, Nebraska has seen fluctuation in average state and local income taxes per tax return, starting at $2,700.00 in 2012 and reaching $4,200.00 by 2017. The data suggests variability with a notable increase between 2012 and 2014, peaking again in 2015, dipping slightly in 2016, and then rising once more. This trend could be indicative of changing economic conditions, policy shifts, or demographic variations that might interest investors, property builders, real estate agents, and residents analyzing financial climate and planning for future tax commitments.
Average Total Tax Liability Per Tax Return in Logan County, NE Over the Last 10 Years
Over the last decade, Logan County, Nebraska has shown a fluctuating trend in average total tax liability per tax return, with notable peaks in 2014 ($5,265.38) and 2021 ($5,900.00). These variances highlight potential economic shifts that could interest prospective investors, developers, and real estate professionals evaluating the region's financial landscape. While the tax burdens have seen highs and lows, the general uptick towards the latter years may suggest a strengthening local economy, influencing property values and insurance considerations.
Cost of Living in Logan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,059 | $1,379 | $2,648 | $1,271 | $1,539 |
| 1 adult 4 children | $1,059 | $1,126 | $2,031 | $1,271 | $1,661 |
| 2 adults 3 children | $1,059 | $1,127 | $2,295 | $1,271 | $1,249 |
| 1 adult 3 children | $1,059 | $920 | $1,677 | $1,271 | $1,351 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $1,000 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $997 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $891 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $724 |
| 2 adults | $628 | $586 | $1,234 | $0 | $707 |
| 1 adult | $562 | $319 | $617 | $0 | $596 |
Demographics
Logan County, Nebraska, shows a nearly balanced gender ratio in its adult population, with a slight male majority. Educational attainment highlights a substantial segment with some college experience, though not necessarily a degree, and a relatively high number of bachelor's degree holders. The age distribution suggests a diverse range, but it skews slightly older with significant populations in the 45 to 64 age brackets. Racially, the county is predominantly White, with minimal representation... Read more
Race Distribution in Logan County, Nebraska (2022)
Educational Attainment in Logan County, Nebraska (2022)
Age Distribution in Logan County, Nebraska
Citizen Population in Logan County, Nebraska (2022)
Political Trends & Data
In Logan County, Nebraska, the 2020 U.S. Presidential Election results leaned heavily towards the Republican Party, possibly capturing around 90% of the vote, which may indicate a strong conservative presence in the area. The Democratic Party might have only received about 8% of the vote, reflecting limited political diversity and suggesting a predominantly Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Logan County, Nebraska, the 2020 U.S. Presidential Election results seemed to heavily favor the Republican Party, which likely captured around 90% of the vote. This trend perhaps suggests a strong conservative presence in the area. Conversely, the Democratic Party might have garnered just about 8%, while Libertarian support appeared minimal at approximately 1%. Such a distribution could indicate limited political diversity and a predominantly Republican electorate in this region.
90.44% of voters voted for the Republican party in the 2020 Presidential Election
8.44% of voters voted for the Democrat party in the 2020 Presidential Election
1.11% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Logan County, Nebraska, the student-to-teacher ratio has consistently been lower than the national average over the past decade, fluctuating between nine and eleven students per teacher. This lower ratio could indicate more individualized attention for students, possibly enhancing educational outcomes. Families might find this appealing when considering relocation, and such strong school metrics could translate to higher property values. Real estate professionals might note that strong... Read more
Student-to-teacher ratio in Logan County, Nebraska over the last 10 years
Over the last decade in Logan County, Nebraska, the student-to-teacher ratio has consistently fallen below the national average of fourteen students per teacher. This lower ratio, fluctuating between nine and eleven students per teacher, may suggest more individualized attention for students, potentially enhancing educational outcomes. For families considering relocating, this could be an attractive factor. Investors, appraisers, and real estate agents might find that these figures positively impact property values, as strong school systems often correlate with higher demand in housing markets. Insurance agents and builders could infer that stable or improving education metrics may contribute to community growth and stability.
