Nemaha County Real Estate and Livability Trends
Nemaha County, Nebraska has seen a mix of economic vitality and volatility, with average taxable incomes rising from $56,865.35 in 2013 to about $68,421.96 by 2021. Median home values have fluctuated significantly from $97,200 in 2020 to $118,300 in 2022, suggesting potential opportunities and risks for real estate investors. Residential energy tax credits peaking at $1,200.00 in 2021 hint at a... Read more
Nemaha County Market Trends
Nemaha County, Nebraska, has experienced volatile median home values over the past eight years, with prices ranging from $97,200 in 2020 to $118,300 in 2022, contrasting sharply with the steady growth seen across Nebraska and nationwide. Residential energy tax credits per return have also fluctuated, peaking at $1,200.00 in 2021, potentially signaling increased interest in energy-efficient homes.... Read more
Median Value of Occupied Housing Units in Nemaha County, Nebraska Over the Last 8 Years
Nemaha County, Nebraska has seen fluctuating median home values over the past eight years, with significant volatility compared to the state and national trends. The county's values ranged from a low of $97,200 in 2020 to a high of $118,300 in 2022. In contrast, Nebraska's median home values exhibited steady growth, reaching $205,600 in 2022, while nationwide values climbed to $179,400. This could imply relatively unstable market conditions in Nemaha County, potentially offering both opportunities and risks for investors and homebuyers.
Residential Energy Tax Credit Per Tax Return in Nemaha County, NE Over the Last 8 Years
Over the past eight years, Nemaha County, Nebraska has seen fluctuating residential energy tax credits per tax return, with notable peaks in 2016 at $400.00 and more recently in 2021 at $1,200.00. The significant increase in 2021 could attract interest from potential homebuyers and investors seeking energy-efficient homes and fiscal benefits. Conversely, the drop to $250.00 in 2020 suggests less investment in energy-saving improvements that year, offering insights for appraisers and insurance agents on property values and risk assessments tied to energy efficiency.
Average Real Estate Taxes Per Tax Return in Nemaha County, NE Over the Last 10 Years
Nemaha County, Nebraska has observed a fluctuating yet generally increasing trend in average real estate taxes over the past decade. Real estate taxes per tax return rose from $2,596.55 in 2012 to $3,916.67 in 2021, with notable peaks in 2019 and 2021. This trend suggests a potentially rising burden for homeowners and could signal increasing property values or adjustments in tax policy, all of which are crucial considerations for investors, potential residents, real estate professionals, and insurance agents.
Percentage of Farm Returns in Nemaha County, NE Over the Last 10 Years
Nemaha County, Nebraska has seen slight fluctuations in the percentage of farm returns over the last decade, ranging from a high of approximately 12.17% in 2013 to a low of around 10.27% in 2021. Farm tax returns represent filings that provide insights into agricultural activity and profitability, which can impact local economic health and property values. For potential investors or property developers, understanding these trends can be useful in assessing the market's stability and potential growth opportunities.
Number of Mortgages by Occupancy Type in Nemaha County, NE Over the Last 5 Years in Nemaha County
In Nemaha County, Nebraska, mortgage counts for principal residences have shown notable fluctuations over the past five years, reaching a peak in 2021 with 245 mortgages but dropping to 189 by 2022. Investment properties and second residences have remained comparatively low, with investment property mortgages peaking at 13 in 2019 and dwindling to just 3 by 2022. This variation in occupancy type can indicate shifting demands and economic priorities, influencing decisions for investors, potential homeowners, appraisers, and real estate agents. For instance, a decline in investment property mortgages might suggest reduced investor confidence or opportunities, while higher mortgages for principal residences could reflect increased housing demand or population growth. Understanding these dynamics is crucial for informed decision-making in property investment, pricing strategies, and insurance underwriting.
Economic Outlook
Nemaha County, Nebraska, has seen a steady climb in average taxable income per tax return from $56,865.35 in 2013 to about $68,421.96 by 2021, signaling potential economic robustness. State and local income taxes have been more erratic, peaking in 2015 and 2017, but dipping sharply in 2019, indicating fluctuating local economic conditions. Total tax liabilities have fluctuated within a range of $7,900.00 to $9,900.00 over the past decade, showing increased values in 2021. These trends suggest a... Read more
Average Taxable Income per Tax Return in Nemaha County, NE over the last 9 years
Nemaha County, Nebraska, has experienced a gradual increase in average taxable income per tax return over the past nine years. Starting at approximately $56,865.35 in 2013, income figures rose to around $68,421.96 by 2021, with notable jumps in 2018 and 2020. This upward trend may suggest that the area could be becoming more economically robust, which might appeal to potential investors, homebuilders, and real estate agents. For insurance agents and appraisers, this income growth could impact property valuations and policy premiums, reflecting a potentially stronger local market.
Average State and Local Income Taxes Per Tax Return in Nemaha County, NE Over the Last 10 Years
Nemaha County, Nebraska, has shown a somewhat volatile trend in average state and local income taxes per tax return over the past decade. Peaks occurred in 2015 and 2017 with average taxes reaching around $7,300.00 and $7,768.97 respectively, while notable lows were seen in 2019 when averages dipped to $5,636.36. This variability could be indicative of changes in local economic conditions, policy shifts, or demographic changes, which are crucial considerations for prospective investors and those in property-related fields.
Average Total Tax Liability Per Tax Return in Nemaha County, NE Over the Last 10 Years
Over the last decade, the average total tax liability per return in Nemaha County, Nebraska has generally hovered between $7,900.00 and $9,900.00. There were slight fluctuations, with notable dips in 2015 and 2018-2020, but a significant increase in 2021. Investors and property developers might find this trend indicative of the county's evolving financial landscape, potentially reflecting broader economic shifts. Such trends could suggest periods of both opportunity and caution for real estate agents and insurance professionals assessing the area's market stability and growth potential.
Cost of Living in Nemaha County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,117 | $1,621 | $2,027 | $1,271 | $1,398 |
| 1 adult 4 children | $1,117 | $1,324 | $1,551 | $1,271 | $1,501 |
| 2 adults 3 children | $1,117 | $1,324 | $1,758 | $1,271 | $1,097 |
| 1 adult 3 children | $1,117 | $1,081 | $1,282 | $1,271 | $1,206 |
| 2 adults 2 children | $826 | $1,084 | $1,490 | $1,105 | $877 |
| 1 adult 2 children | $826 | $810 | $1,014 | $1,105 | $852 |
| 2 adults 1 child | $826 | $857 | $1,221 | $564 | $784 |
| 1 adult 1 child | $826 | $553 | $745 | $564 | $652 |
| 2 adults | $635 | $688 | $952 | $0 | $641 |
| 1 adult | $562 | $375 | $476 | $0 | $523 |
Safety trends & Data
Nemaha County, Nebraska has experienced fluctuating property crime rates over the past five years. Fraud arrests peaked in 2019 with 5 incidents, while embezzlement and vandalism were sporadic. Burglary incidents saw an unusual spike in 2020, doubling from any other year. Larceny-theft and motor vehicle theft arrests remained relatively consistent. Investors and residents might find these trends crucial for their decisions on property investments and insurance policies, while real estate agents... Read more
Property Crime Trends in Nemaha County, NE Over the Last 5 Years
Nemaha County, Nebraska has witnessed fluctuating property crime rates over the past five years. Notably, fraud arrests peaked in 2019 with 5 incidents, while embezzlement and vandalism also showed sporadic activity. Burglary incidents saw an unusual spike in 2020, doubling from any other year. Larceny-theft and motor vehicle theft arrests maintained relatively lower but consistent presence. For investors and residents alike, understanding these trends could impact decisions on property investments and insurance policies. For real estate agents and appraisers, these patterns may influence market values and property appraisals.
Demographics
Nemaha County, Nebraska, shows a nearly balanced adult population between males and females, hinting at gender equity in social factors. Educational attainment generally leans toward high school graduates, though there's a substantial portion with at least some college experience. The age spread suggests a fairly even distribution, with notable groups across both younger and older age brackets, which could impact community programs or healthcare services. Racial diversity is minimal and... Read more
Race Distribution in Nemaha County, Nebraska (2022)
Educational Attainment in Nemaha County, Nebraska (2022)
Age Distribution in Nemaha County, Nebraska
Citizen Population in Nemaha County, Nebraska (2022)
Political Trends & Data
Nemaha County, Nebraska, exhibited strong conservative leanings during the 2020 U.S. Presidential Election, with roughly 71% of votes going to the Republican Party. The Democratic and Libertarian Parties trailed behind, capturing around 27% and slightly over 2%, respectively. This voting trend suggests a predominantly conservative atmosphere, potentially shaping local policies and the community's general... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Nemaha County, Nebraska, leaned heavily Republican in the 2020 U.S. Presidential Election with approximately 71% of the votes. The Democratic Party garnered around 27% while the Libertarian Party captured a little over 2%. Green Party and other candidates did not make a significant impact in this county. This voting pattern hints at a strong conservative presence and possibly limited political diversity at the local level.
70.93% of voters voted for the Republican party in the 2020 Presidential Election
26.91% of voters voted for the Democrat party in the 2020 Presidential Election
2.16% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Nemaha County, Nebraska has seen its student-to-teacher ratio fluctuate over the past decade, peaking at 20 in 2022 before settling around 15 in 2023, aligning closer to the national average of 14. This shift could signal improvements in local education quality, which might impact property values and increase desirability for families. Lower ratios generally suggest more individual attention for students, potentially making the county more appealing to homebuyers with children. Moreover, real... Read more
Student-to-teacher ratio in Nemaha County, Nebraska over the last 10 years
Over the past decade, Nemaha County, Nebraska has experienced fluctuations in its student-to-teacher ratio, peaking at 20 in 2022 before dropping to about 15 in 2023. This reinstates a ratio close to the national average of 14, after several years of significantly higher figures. Such changes can offer insights for investors and developers into local education quality, potentially impacting property values and desirability for families. Real estate agents and appraisers might note that lower ratios typically suggest better individual student attention, possibly making the area more attractive to prospective homebuyers with children. Additionally, insurance agents might consider these trends in assessing community risk profiles, as they subtly reflect educational stability.
