Platte County Real Estate and Livability Trends
In Platte County, Nebraska, the average taxable income per tax return rose from about $53,500 in 2013 to roughly $72,947 by 2021, indicating potential profitability for real estate stakeholders. Median home values surged from $125,200 in 2015 to $195,800 in 2022, surpassing state and national averages. Real estate taxes increased from $3,144.19 in 2012 to $4,922.22 in 2021, which could be linked... Read more
Platte County Market Trends
Platte County, Nebraska has experienced a notable surge in median home values from $125,200 in 2015 to $195,800 in 2022, outpacing state and national averages. Residential energy tax credits peaked at $1,580.00 per tax return in 2018, hinting at a local push towards sustainability, making the market enticing for green tech investments. Real estate taxes have steadily climbed, starting at... Read more
Median Value of Occupied Housing Units in Platte County, Nebraska Over the Last 8 Years
Over the past eight years, Platte County, Nebraska has seen a steady increase in median home values, jumping from $125,200 in 2015 to $195,800 in 2022. This upward trend outpaces both the state and national averages. Nebraska's median home value moved from $133,200 to $205,600 within the same period, while the national values rose from $125,500 to $179,400. This suggests Platte County could be an intriguing option for those looking to invest, given its rapid appreciation, or for potential homeowners seeking rising equity.
Residential Energy Tax Credit Per Tax Return in Platte County, NE Over the Last 9 Years
Platte County, Nebraska, has seen fluctuating residential energy tax credits over the last nine years, peaking substantially in 2018 with an average credit of $1580.00 per tax return. Notable increases were also observed in 2016 and 2021, suggesting that investments in energy-efficient projects might have spiked during these periods. This trend could indicate a growing local emphasis on sustainability, making it a potentially attractive market for green technology providers and eco-conscious homebuyers. Property developers and real estate agents in the area might need to consider integrating energy-efficient features to align with these apparent community values.
Average Real Estate Taxes Per Tax Return in Platte County, NE Over the Last 10 Years
Over the past decade, real estate taxes in Platte County, Nebraska have generally trended upward. What began at about $3,144.19 per tax return in 2012 surged to approximately $4,922.22 by 2021. Notably, a significant spike occurred between 2017 and 2019, where average real estate taxes jumped by nearly $600.00. For prospective investors, homeowners, and real estate agents, this upward movement in real estate taxes may indicate increasing property values or a shift in tax policy, both of which can significantly influence financial planning and investment strategies.
Percentage of Farm Returns in Platte County, NE Over the Last 10 Years
Platte County, Nebraska has seen modest fluctuations in the percentage of farm tax returns over the past decade, peaking at around 7.35% in 2014 and slightly declining to approximately 6.68% by 2021. Farm tax returns, reflecting the income generated from various agricultural activities, can be a good measure of economic stability and the health of the farming sector in the region. This trend might suggest a stable but slightly contracting agricultural economy, relevant for investors eyeing long-term opportunities in farmland, prospective residents considering the agricultural vibrancy, or property developers assessing the viability of rural ventures.
Number of Mortgages by Occupancy Type in Platte County, NE Over the Last 5 Years in Platte County
Over the past five years, Platte County, Nebraska has seen noticeably higher mortgage counts for principal residences compared to investment and second residences. The dip in principal residence mortgages from 2020 to 2022 suggests potential shifts in market conditions or buyer priorities that could impact property values and future development opportunities. For those looking to invest or move into the area, understanding these occupancy trends is useful for predicting demand and planning accordingly. Appraisers and insurance agents might consider these trends when evaluating risk and determining property values, ensuring their assessments reflect current market behavior.
Economic Outlook
In Platte County, Nebraska, the average taxable income per tax return has climbed from about $53,500 in 2013 to roughly $72,947 by 2021, pointing to a potentially lucrative local market for real estate investors and homeowners. At the same time, average state and local income taxes per tax return have increased from $6,608.28 to $8,774.24, which may reflect stronger local infrastructure or shifts in tax policies. The average total tax liability per tax return has shown fluctuations, with... Read more
Average Taxable Income per Tax Return in Platte County, NE over the last 9 years
In Platte County, Nebraska, the average taxable income per tax return has experienced a notable upward trend over the past nine years. Starting at around $53,500 in 2013, the average taxable income has climbed consistently, reaching approximately $72,947 by 2021. This growing financial landscape could make the area attractive for potential investors and homeowners, suggesting increased economic stability and prosperity. Real estate agents and appraisers might find this trend encouraging as it indicates a potentially thriving local market.
Average State and Local Income Taxes Per Tax Return in Platte County, NE Over the Last 10 Years
Over the last decade, Platte County, Nebraska has seen a general upward trend in average state and local income taxes per tax return. Notably, between 2013 and 2021, there's been an increase from $6,608.28 to $8,774.24. This may suggest improving economic conditions or shifts in tax policies affecting local residents. For potential investors or those considering relocating, these rising taxes could indicate stronger local infrastructure and services, but also a higher cost of living. Real estate and insurance agents should consider these trends in their appraisals and advice, as it might impact property values and insurance rates.
Average Total Tax Liability Per Tax Return in Platte County, NE Over the Last 10 Years
Over the past decade, Platte County, Nebraska has seen a fluctuating trend in average total tax liability per tax return, typically ranging from around $7,793.00 to $10,217.32. Notably, there was a steady increase from 2013 to 2015, peaking again significantly in 2021. These trends could suggest underlying economic shifts in the county, potentially making it compelling for real estate investors and insurance agents. Developers and appraisers might find these insights useful for understanding the financial landscape and the evolving fiscal pressures on residents.
Cost of Living in Platte County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,201 | $1,416 | $2,140 | $1,271 | $1,304 |
| 1 adult 4 children | $1,201 | $1,156 | $1,638 | $1,271 | $1,437 |
| 2 adults 3 children | $1,201 | $1,156 | $1,856 | $1,271 | $1,053 |
| 1 adult 3 children | $1,201 | $944 | $1,354 | $1,271 | $1,161 |
| 2 adults 2 children | $897 | $947 | $1,571 | $1,105 | $849 |
| 1 adult 2 children | $897 | $707 | $1,070 | $1,105 | $823 |
| 2 adults 1 child | $897 | $748 | $1,287 | $564 | $768 |
| 1 adult 1 child | $897 | $483 | $786 | $564 | $646 |
| 2 adults | $726 | $601 | $1,003 | $0 | $641 |
| 1 adult | $610 | $328 | $502 | $0 | $524 |
Safety trends & Data
Platte County, Nebraska has seen varied property crime trends over the past five years, with larceny-theft consistently being the most frequent offense, hovering between 60 and 116 incidents annually. Burglary and motor vehicle theft have shown more fluctuations but typically occur less often. A notable decrease in vandalism, from 70 reports in 2018 to just 18 in 2022, suggests improvements in community safety. These trends might indicate a more secure environment for investments and property... Read more
Property Crime Trends in Platte County, NE Over the Last 5 Years
Over the past five years, Platte County, Nebraska has seen fluctuations in property crime trends. While larceny-theft has consistently been the most common offense with totals ranging from 60 to 116 annually, other categories such as burglary and motor vehicle theft have shown variable but generally lower frequencies. Notably, vandalism reports have dropped from a high of 70 in 2018 to just 18 in 2022, indicating a potential improvement in community safety measures. For those considering investments or property developments, this suggests a trend toward enhanced security, which could positively impact property values and insurance premiums.
Demographics
Platte County, Nebraska, exhibits a slightly higher male population compared to female. Educational attainment shows a substantial portion with high school diplomas or some college, though nearly 2,300 adults lack a diploma. The age distribution is diverse, with a noticeable concentration in the under-10 and 35-44 age groups. The racial composition is predominantly White, with a small percentage comprising various other racial groups, indicative of low racial... Read more
Race Distribution in Platte County, Nebraska (2022)
Educational Attainment in Platte County, Nebraska (2022)
Age Distribution in Platte County, Nebraska
Citizen Population in Platte County, Nebraska (2022)
Political Trends & Data
In Platte County, Nebraska, the real estate market may be influenced by its strong Republican leanings, as shown by the 78% vote share for the GOP in the 2020 Presidential Election. This conservative preference might shape local policies, regulations, and community priorities, potentially making the area more attractive to like-minded buyers and investors. Considering such political homogeneity, prospective real estate investors should be aware of the local political climate which could affect... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Platte County, Nebraska, the Republican party might have dominated the 2020 U.S. Presidential Election with approximately 78% of the vote, while the Democratic party potentially secured around 21%. The Libertarian presence was quite minimal, possibly capturing just about 1.5% of the vote, and other parties didn't register significant support. This suggests Platte County leans heavily conservative, with a strong preference for Republican candidates and minimal competition from other political parties.
77.75% of voters voted for the Republican party in the 2020 Presidential Election
20.80% of voters voted for the Democrat party in the 2020 Presidential Election
1.45% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Platte County, Nebraska's student-to-teacher ratio has generally stayed between 11 and 14 students per teacher over the past decade, consistently below the national average of 14. This suggests a more personalized education experience, appealing to families considering a move to the area. For investors and real estate professionals, these lower ratios could signal higher student engagement and better educational outcomes, making the area more attractive for residential development and possibly... Read more
Student-to-teacher ratio in Platte County, Nebraska over the last 10 years
Over the past decade, Platte County, Nebraska's student-to-teacher ratio has generally fluctuated between 11 and 14 students per teacher, consistently staying below the national average of 14 students per teacher. This potentially indicates a more individualized approach to education in the area, which might appeal to families looking to move to Platte County. For investors, appraisers, and real estate agents, these lower ratios could be a key selling point, suggesting higher student engagement and potentially better educational outcomes. Lower ratios might also influence property values positively, as good schools are a strong draw for buyers, enhancing the overall attractiveness of the area for residential development.
