Perkins County Real Estate and Livability Trends
Median home values in Perkins County, Nebraska, increased substantially from $97,700 in 2015 to $143,300 in 2022, indicating potential for property appreciation amidst the area's lag behind state and national trends. Volatile mortgage activity levels suggest shifting demographics, which investors should watch closely. Property crime fluctuations, particularly in theft and vandalism, could inform... Read more
Perkins County Market Trends
Median home values in Perkins County, Nebraska have jumped from $97,700 in 2015 to $143,300 in 2022, although still lagging behind state and national figures. This growth could signal investment potential as the area may be primed for further appreciation. Fluctuations in average residential energy tax credits and a consistent rise in real estate taxes are key indicators of economic shifts and... Read more
Median Value of Occupied Housing Units in Perkins County, Nebraska Over the Last 8 Years
Median home values in Perkins County, Nebraska have seen a significant increase over the past eight years, rising from $97,700 in 2015 to $143,300 in 2022. While this $45,600 growth is impressive, it's worth noting that these home values still lag behind both the state and national averages. In comparison, Nebraska's median home value surged from $133,200 to $205,600, and the national median shifted from $125,500 to $179,400 during the same period. This trend might suggest potential investment opportunities in Perkins County, as the area could be poised for further growth.
Residential Energy Tax Credit Per Tax Return in Perkins County, NE Over the Last 3 Years
Perkins County, Nebraska has seen significant fluctuations in the average residential energy tax credit per tax return over the past few years. In 2013, the average was around $266.67, peaking notably at $650.00 in 2014, before dropping to $300.00 by 2016. These variations could speak to changing local policies, economic factors, or shifts in resident participation in energy-efficient upgrades. This kind of volatility is crucial for investors, property developers, and insurance agents to consider, as it can reflect broader economic conditions and potential shifts in property values and homeowner incentives.
Average Real Estate Taxes Per Tax Return in Perkins County, NE Over the Last 10 Years
Over the past decade, Perkins County, Nebraska has seen a consistent rise in average real estate taxes per tax return, starting at around $1,852.38 in 2012 and climbing steeply to $3,325.00 in 2021. The most notable increase occurred between 2019 and 2021, where taxes jumped from $2,200.00 to $3,325.00, indicating potential triggers such as higher property values or increased local tax assessments. This escalating trend may be relevant for investors, homeowners, and real estate professionals evaluating the cost of living and potential investment returns in the county.
Percentage of Farm Returns in Perkins County, NE Over the Last 10 Years
Over the last decade, Perkins County, Nebraska has seen minor fluctuations in the percentage of farm tax returns, ranging from approximately 21.32% to 24.64%. This data suggests a relatively stable agricultural sector, which could be indicative of a consistent farming community. Farm tax returns in this context refer to the proportion of tax filings submitted by agricultural businesses, reflecting the economic activity and health of the farming sector in the county. For those interested in investing, moving to, or developing property in Perkins County, understanding these trends offers insight into the stability and sustainability of the local agriculture-based economy.
Number of Mortgages by Occupancy Type in Perkins County, NE Over the Last 5 Years in Perkins County
Perkins County, Nebraska has shown varying trends in mortgage activity over the past five years, with notable shifts particularly in the number of mortgages for Principal Residences, which peaked in 2021 and significantly dropped in 2022. Investment Property mortgages also varied, with a noticeable spike in 2021, while Second Residence mortgages have remained relatively low and stable. These shifts can indicate changing demographics, economic factors, or market conditions affecting housing demand. For investors, these trends provide insights into potential opportunities or risks, while appraisers and insurance agents might use this data to adjust valuations or premiums. Real estate agents and property developers can glean valuable information about buyer preferences and market dynamics, aiding strategic planning and customer targeting.
Economic Outlook
Perkins County, Nebraska, has seen notable shifts in average taxable income per tax return over the past decade, with significant dips in 2015 and 2017 and a peak in 2021 suggesting economic recovery. State and local income taxes have also fluctuated, potentially reflecting changing economic conditions and tax policies. Total tax liabilities have varied, indicating factors like policy changes or demographic shifts. These trends could be crucial for real estate professionals and investors as... Read more
Average Taxable Income per Tax Return in Perkins County, NE over the last 9 years
Over the past nine years in Perkins County, Nebraska, average taxable income per tax return has shown fluctuating trends, with notable dips in 2015 and 2017 to around $53,288.81 and $46,822.06 respectively. Interestingly, despite these declines, there has been a significant upturn since 2019, with a peak in 2021 reaching approximately $72,261.65. This upward swing may hint at economic recovery and growth, potentially signaling opportunities for real estate agents, appraisers, and those interested in investing or building property in the area.
Average State and Local Income Taxes Per Tax Return in Perkins County, NE Over the Last 10 Years
Perkins County, Nebraska has experienced fluctuating average state and local income taxes per tax return over the past decade. From a high of around $8,885.71 in 2013 to a lower $5,520.00 in 2018, these changes could hint at varying economic conditions and tax policies impacting the area. Investors, property developers, and residents might find these variations significant as they may influence financial planning, property valuations, and real estate market trends. Appraisers and insurance agents might also want to note these trends while assessing the financial health of the county.
Average Total Tax Liability Per Tax Return in Perkins County, NE Over the Last 10 Years
Over the last decade, Perkins County, Nebraska has seen varying average total tax liabilities per tax return, with a noticeable drop from $11,194.39 in 2012 to a low of $7,422.12 in 2017 before rising again to $10,410.62 in 2021. These fluctuations could reflect economic factors, policy changes, or demographic shifts affecting income levels. For investors and real estate professionals, this trend suggests the importance of understanding local economic conditions and potential tax burdens when considering financial decisions in the area.
Cost of Living in Perkins County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,100 | $1,379 | $2,648 | $1,271 | $1,541 |
| 1 adult 4 children | $1,100 | $1,126 | $2,031 | $1,271 | $1,661 |
| 2 adults 3 children | $1,100 | $1,127 | $2,295 | $1,271 | $1,251 |
| 1 adult 3 children | $1,100 | $920 | $1,677 | $1,271 | $1,349 |
| 2 adults 2 children | $826 | $922 | $1,941 | $1,105 | $984 |
| 1 adult 2 children | $826 | $689 | $1,324 | $1,105 | $972 |
| 2 adults 1 child | $826 | $729 | $1,588 | $564 | $875 |
| 1 adult 1 child | $826 | $471 | $971 | $564 | $725 |
| 2 adults | $731 | $586 | $1,234 | $0 | $745 |
| 1 adult | $562 | $319 | $617 | $0 | $576 |
Safety trends & Data
Property crime trends in Perkins County, Nebraska, have been variable over the past five years, with notable fluctuations in "Larceny - Theft" and "Vandalism." For instance, theft incidents soared to 7 in 2019 but fell to just 2 in both 2020 and 2022, while vandalism peaked at 6 in 2019, dropping to 1 in 2020 and 2021 before a slight rise in 2022. "Fraud" cases peaked at 3 in 2018 and have stayed generally low since. These crime trends may offer useful insights for investors and real estate... Read more
Property Crime Trends in Perkins County, NE Over the Last 5 Years
The property crime landscape in Perkins County, Nebraska, has shown some fluctuation over the past five years. For example, "Larceny - Theft" incidents peaked in 2019 with 7 occurrences but significantly dropped to just 2 in both 2020 and 2022. Similarly, "Vandalism" incidents also spiked in 2019 at 6, yet saw a decrease to just 1 in both 2020 and 2021 before rising slightly in 2022. Interestingly, incidents of "Fraud" were highest in 2018 with 3 cases and have generally remained low since then. These variations could be insightful for investors and real estate agents trying to gauge the safety of the area over time, potentially affecting property values and insurance premiums.
Demographics
Perkins County, Nebraska's adult population is fairly balanced between males and females with a slight male majority. Educational attainment shows a significant portion of residents have at least some college experience, yet a smaller share of the population hold graduate or professional degrees. The age distribution indicates a notable number of residents in the 35 to 44 and 65 to 74 age brackets, possibly reflecting both middle-aged residents and retirees. The county's racial makeup is... Read more
Race Distribution in Perkins County, Nebraska (2022)
Educational Attainment in Perkins County, Nebraska (2022)
Age Distribution in Perkins County, Nebraska
Citizen Population in Perkins County, Nebraska (2022)
Political Trends & Data
Perkins County, Nebraska, exhibited a noticeable bias towards the Republican party during the 2020 U.S. Presidential Election, with possibly around 86% of the vote. Democratic backing might have been limited to roughly 13%, and the Libertarian party may have secured approximately 1.5%. Alternative parties, like the Green party, seemingly had an insignificant... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Perkins County, Nebraska, displayed a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with roughly 86% of the vote. Democratic support was possibly minimal at around 13%, while the Libertarian party might have garnered only about 1.5%. There appeared to be no notable presence from the Green party or other parties.
85.56% of voters voted for the Republican party in the 2020 Presidential Election
12.89% of voters voted for the Democrat party in the 2020 Presidential Election
1.55% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Perkins County, Nebraska has seen its student-to-teacher ratio increase from around 10 in 2014 to almost 12 in 2023. Though still better than the national average of 14, this upward trend might signal future challenges in personalized education and resource allocation. Potential homebuyers and investors might want to consider these insights, as they reflect local educational priorities and community growth dynamics, which often affect long-term property... Read more
Student-to-teacher ratio in Perkins County, Nebraska over the last 10 years
Over the past decade, Perkins County, Nebraska has seen its student-to-teacher ratio increase from around ten students per teacher in 2014 to almost twelve in 2023. While still favorable compared to the national average of fourteen students per teacher, this upward trend in student-to-teacher ratio could imply future challenges in personalized education and resource allocation. For potential homebuyers and investors, understanding this shift may provide insights into local educational priorities and community growth dynamics. Appraisers and real estate agents might consider this trend when assessing property values or when positioning the area to potential new residents, as it reflects on the quality of education, which often affects long-term property desirability.
