McPherson County Real Estate and Livability Trends
Home values in McPherson County, Nebraska, have seen significant fluctuations, from $133,300 in 2015 to a high of $147,900 in 2016, crashing to $78,900 in 2020, and recovering to $105,300 in 2022. This volatility contrasts with the steady increase seen in Nebraska and nationwide, making McPherson's market intriguing for investors. Agricultural roots remain, reflected in farm tax returns... Read more
McPherson County Market Trends
Home values in McPherson County, Nebraska, have been quite volatile, starting at $133,300 in 2015, peaking at $147,900 in 2016, plunging to $78,900 in 2020, and slightly recovering to $105,300 in 2022. Compared to Nebraska's consistent rise from $133,200 to $205,600 and the national trend from $125,500 to $179,400, McPherson's fluctuations may intrigue investors. The county's agricultural roots... Read more
Median Value of Occupied Housing Units in McPherson County, Nebraska Over the Last 8 Years
The median home values in McPherson County, Nebraska, have fluctuated quite a bit over the past eight years. Starting at $133,300 in 2015, the value peaked at $147,900 in 2016 before dropping to a low of $78,900 in 2020. Most recently, the value recovered slightly to $105,300 in 2022. In contrast, Nebraska's median home values steadily increased from $133,200 in 2015 to $205,600 in 2022, and the national trend also showed consistent growth, rising from $125,500 to $179,400. Investors and residents might find McPherson County's volatility intriguing and worth investigating, especially compared to the more stable and upward trends seen in state and national data.
Percentage of Farm Returns in McPherson County, NE Over the Last 10 Years
In McPherson County, Nebraska, the percentage of farm tax returns has shown some variability over the past decade, typically hovering around 40% to 50%. For instance, in 2012, about 50% of returns were farm-related, while more recent years like 2021 saw around 39%. These numbers suggest the area has a strong agricultural presence, which could influence local economic stability and property value trends. For investors or those considering relocation, this steady rate of farm activity may indicate potential opportunities in agricultural sectors or related infrastructure.
Number of Mortgages by Occupancy Type in McPherson County, NE Over the Last 5 Years in McPherson County
In McPherson County, Nebraska, we've seen a slight increase in the number of mortgages for principal residences over the last five years, with a notable peak in 2020. However, there's been minimal activity in the second residence category, with only a single mortgage recorded in 2020. This shift in occupancy type can hint at stable, long-term investment in primary living spaces, making it appealing for investors seeking residential stability. For appraisers and real estate agents, the trend can imply stronger demand for primary homes, potentially influencing property values. Developers and insurance agents might also see this as an indicator of growing permanent residency, affecting future planning and risk assessments.
Economic Outlook
Average taxable income per tax return in McPherson County, Nebraska, has fluctuated from a peak of $62,040.00 in 2014 to a more stable range of $36,000.00 to $42,000.00 in recent years. This stabilization might suggest a more predictable earning environment, which could be useful for investors and real estate agents analyzing income trends. Similarly, average total tax liability per tax return peaked at $10,492.31 in 2014 and then stabilized around $4,000 to $5,000, potentially reflecting... Read more
Average Taxable Income per Tax Return in McPherson County, NE over the last 9 years
Average taxable income per tax return in McPherson County, Nebraska has shown fluctuation over the past nine years, with peaks like $62,040.00 in 2014 and a more stable trend in recent years hovering around the $36,000.00 to $42,000.00 range. This variability might reflect both economic conditions and local factors. While the early peak could suggest a period of higher earning potential, the later stabilization presents a potentially predictable market, valuable for investors, appraisers, and real estate agents seeking to understand income trends in the area.
Average Total Tax Liability Per Tax Return in McPherson County, NE Over the Last 10 Years
In McPherson County, Nebraska, the average total tax liability per tax return has seen significant variation over the past decade. The highest peak was in 2014 at $10,492.31, suggesting a temporary rise in taxable income or number of high earners. The figures drop and stabilize around the $4,000 to $5,000 range in subsequent years, with fluctuations indicating economic changes affecting the area. For investors, builders, and insurance agents, the apparent volatility of tax liabilities might reflect underlying economic shifts or transient factors worth examining.
Cost of Living in McPherson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,075 | $1,379 | $2,648 | $1,271 | $1,556 |
| 1 adult 4 children | $1,075 | $1,126 | $2,031 | $1,271 | $1,675 |
| 2 adults 3 children | $1,075 | $1,127 | $2,295 | $1,271 | $1,260 |
| 1 adult 3 children | $1,075 | $920 | $1,677 | $1,271 | $1,357 |
| 2 adults 2 children | $838 | $922 | $1,941 | $1,105 | $1,002 |
| 1 adult 2 children | $838 | $689 | $1,324 | $1,105 | $992 |
| 2 adults 1 child | $838 | $729 | $1,588 | $564 | $888 |
| 1 adult 1 child | $838 | $471 | $971 | $564 | $713 |
| 2 adults | $637 | $586 | $1,234 | $0 | $698 |
| 1 adult | $570 | $319 | $617 | $0 | $574 |
Demographics
McPherson County, Nebraska has a relatively balanced gender distribution among its adult population, with a slight female majority. The county's educational attainment data shows a notable high school graduation rate, while a smaller portion of the population holds a bachelor's degree or higher. The age distribution suggests a significant portion of residents are in the 55 to 74 age bracket, potentially indicating an aging population. Racially, the county is overwhelmingly White, with minimal... Read more
Race Distribution in McPherson County, Nebraska (2022)
Educational Attainment in McPherson County, Nebraska (2022)
Age Distribution in McPherson County, Nebraska
Citizen Population in McPherson County, Nebraska (2022)
Political Trends & Data
McPherson County, Nebraska, likely showcases a strong conservative leaning, with over 91% of the 2020 Presidential Election votes cast for the Republican Party. The Democratic Party barely touched 5% of the vote, and Libertarians accounted for just over 3%, indicating minimal third-party influence. This solid GOP base could influence local electoral strategies and policy dialogues going... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
McPherson County in Nebraska likely leans heavily Republican, as evidenced by over 91% of votes cast for the GOP in the 2020 Presidential Election. The Democratic Party garnered a little over 5%, while Libertarian votes made up just over 3%, suggesting minimal support for third-party candidates. This distribution hints at a strong conservative base that might be significant for future electoral strategies and policy discussions.
91.06% of voters voted for the Republican party in the 2020 Presidential Election
5.63% of voters voted for the Democrat party in the 2020 Presidential Election
3.31% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
McPherson County, Nebraska, has consistently had a student-to-teacher ratio ranging from roughly 4 to 6 students per teacher, far below the national average of 14. This could signal a more personalized educational experience, appealing to families and potentially boosting the attractiveness of the area for real estate investors. Real estate agents might leverage this selling point when marketing homes to education-minded buyers, while insurance agents and appraisers could consider the stable... Read more
Student-to-teacher ratio in Mcpherson County, Nebraska over the last 10 years
McPherson County, Nebraska, has shown a particularly low student-to-teacher ratio over the last decade, oscillating between about 4 and 6 students per teacher, which is significantly lower than the national average of 14 students per teacher. For those considering investment, moving to the area, or engaging in property development, this may indicate a more personalized educational environment which can be appealing for families. Real estate agents might find this data useful for marketing homes to prospective buyers prioritizing quality education. Insurance agents and appraisers should also note the demographics and potential for long-term stability in the local school system, which might influence property values. Understanding these educational dynamics can offer important insights into the community's priorities and potential growth areas.
