Saline County Real Estate and Livability Trends
Saline County, Nebraska, has seen a remarkable increase in median home values, from $95,700 in 2015 to $155,800 in 2022, indicating promising equity growth. Average taxable income per return has risen from $49,141.31 in 2013 to around $63,000.00 in 2021, reflecting potential economic strengthening and increased investment appeal. However, the rising tax burden, with state and local taxes per... Read more
Saline County Market Trends
Saline County, Nebraska, has experienced a notable increase in median home values from $95,700 in 2015 to $155,800 in 2022, closing the gap with Nebraska and national medians. This shift could signal promising equity growth for future buyers. Residential energy tax credits spiked dramatically from $700.00 in 2017 to $1,775.00 in 2018, potentially due to investments in energy-efficient... Read more
Median Value of Occupied Housing Units in Saline County, Nebraska Over the Last 8 Years
Saline County, Nebraska, has shown some intriguing developments in its median home values over the past eight years. While starting significantly lower than state and national levels in 2015 at $95,700, the county saw a dramatic increase, especially in the most recent two years, reaching $155,800 in 2022. This swift rise suggests a shift toward closing the gap when compared to Nebraska's state median value of $205,600 and the national figure standing at $179,400 in 2022. For those interested in investing or moving to Saline County, this trend could indicate a promising opportunity for equity growth and market confidence in this area.
Residential Energy Tax Credit Per Tax Return in Saline County, NE Over the Last 9 Years
Saline County, Nebraska has seen a noteworthy fluctuation in residential energy tax credits over the last nine years. Notably, there was a significant spike from $700.00 in 2017 to $1,775.00 in 2018, hinting at a potential investment in energy-efficient upgrades or renewable energy systems. This trend may attract investors and homeowners interested in energy efficiency, potentially signaling enhanced property values and increased demand for energy-efficient homes. For appraisers, insurance agents, and real estate professionals, understanding these trends could be crucial for assessing property values and insurance requirements accurately.
Average Real Estate Taxes Per Tax Return in Saline County, NE Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Saline County, Nebraska, have shown a steady increase, going from $2,829.09 in 2012 to $4,493.33 in 2021. This upward trend may suggest rising property values or increased tax rates, which could impact decisions for potential investors, homebuyers, and insurance agents. Those planning to build property or purchase real estate might need to factor in these escalating costs when considering long-term financial commitments.
Percentage of Farm Returns in Saline County, NE Over the Last 10 Years
Farm tax returns in Saline County, Nebraska, have shown a slight but noticeable decline over the past decade, peaking around 10.02% in 2012 and dipping to approximately 8.45% in 2021. This trend of decreasing farm returns might suggest a shift in the county's agricultural economy or potentially broader changes in farming practices. Those looking to invest in, move to, or develop property in Saline County should consider these trends as they could impact land value, local economic stability, and long-term growth prospects.
Number of Mortgages by Occupancy Type in Saline County, NE Over the Last 5 Years in Saline County
Mortgages for principal residences in Saline County, Nebraska have seen a slight decrease from 2021 to 2022, while investment properties have experienced a consistent, albeit low, number of mortgages over the past five years. Second residence mortgages are minimal but show minor fluctuations. These shifts in mortgage types can indicate changing priorities in the local housing market, affecting potential returns for investors, future property developments, and risk assessment for insurers. Investors might view the steady but lower investment property mortgages as a sign of stable, albeit not rapidly growing, potential for rental income. For those considering a move, the dominance of principal residence mortgages suggests strong community stability. Real estate agents and appraisers should note these trends for pricing strategies and valuation purposes.
Economic Outlook
In Saline County, Nebraska, average taxable income per tax return has shown a general rise over the past nine years, climbing from $49,141.31 in 2013 to about $63,000.00 in 2021, especially spiking in 2020 and 2021. This growth suggests a potentially strengthening local economy, making the area appealing for investment and residential development. With state and local income taxes per return also increasing from $4,757.41 in 2012 to around $6,900.00 in 2021, there's a rising tax burden that... Read more
Average Taxable Income per Tax Return in Saline County, NE over the last 9 years
Over the past nine years, Saline County, Nebraska has generally seen a rise in average taxable income per tax return, growing from approximately $49,141.31 in 2013 to about $63,000.00 in 2021. Though there are brief dips, the trend leans towards an increasing income, with a notable spike in 2020 and 2021. This upward trajectory could suggest a strengthening local economy, potentially making Saline County a more attractive area for investment and residential development.
Average State and Local Income Taxes Per Tax Return in Saline County, NE Over the Last 10 Years
In Saline County, Nebraska, there has been a noticeable upward trend in average state and local income taxes per tax return over the past decade, with fluctuations. Starting at around $4,757.41 in 2012, there was a significant increase to approximately $6,900.00 by 2021. This has notable implications for potential investors and real estate professionals, as it suggests a rising tax burden which could impact both property values and cost of living. Moreover, for those looking to relocate, it's crucial to consider these tax trends in their financial planning. Appraisers and insurance agents might also interpret this data as indicative of broader economic shifts within the county.
Average Total Tax Liability Per Tax Return in Saline County, NE Over the Last 10 Years
Over the past decade, average total tax liability per return in Saline County, Nebraska has exhibited some fluctuations, peaking at $8,025.19 in 2021. This upward trend could imply increasing incomes or adjustments in tax policies. The dip to $6,330.24 in 2018 suggests some instability which may affect financial planning for potential residents or investors. Real estate agents and builders might see these trends as a reflection of economic health, influencing property values and development opportunities. Appraisers and insurance agents might consider these figures when evaluating property risks and insurance premiums.
Cost of Living in Saline County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,175 | $1,560 | $2,027 | $1,271 | $1,365 |
| 1 adult 4 children | $1,175 | $1,274 | $1,551 | $1,271 | $1,505 |
| 2 adults 3 children | $1,175 | $1,275 | $1,758 | $1,271 | $1,101 |
| 1 adult 3 children | $1,175 | $1,041 | $1,282 | $1,271 | $1,219 |
| 2 adults 2 children | $827 | $1,043 | $1,490 | $1,105 | $863 |
| 1 adult 2 children | $827 | $779 | $1,014 | $1,105 | $842 |
| 2 adults 1 child | $827 | $825 | $1,221 | $564 | $777 |
| 1 adult 1 child | $827 | $533 | $745 | $564 | $636 |
| 2 adults | $664 | $663 | $952 | $0 | $633 |
| 1 adult | $562 | $361 | $476 | $0 | $534 |
Safety trends & Data
Saline County, Nebraska has seen some notable fluctuations in property crimes over the past five years. Larceny-theft numbers remained consistently higher than other property crimes, peaking at 29 instances in 2018 before stabilizing around 23 to 25 in subsequent years. Vandalism incidents have shown a slight upward trend, reaching 15 cases in 2021. Frauds experienced a drop in 2020 but rose again by 2022. Arson saw a significant spike in 2022 with 6 cases after being almost non-existent in... Read more
Property Crime Trends in Saline County, NE Over the Last 5 Years
Saline County, Nebraska has seen some fluctuations in property crimes over the past five years. Notably, larceny-theft numbers remained consistently higher than other property crimes, peaking at 29 instances in 2018 before somewhat stabilizing around 23 to 25 in subsequent years. Vandalism incidents showed a slight upward trend, hitting their highest in 2021 at 15 cases. Frauds also varied, experiencing a drop in 2020 but rising again by 2022. Interestingly, arson saw a significant spike in 2022 with 6 cases after being almost non-existent in previous years, which may be worth investigating further. These patterns might influence property valuation, insurance premiums, and investment decisions in the region.
Demographics
In Saline County, Nebraska, slightly more men than women make up the adult population. The county exhibits a large proportion of adults with high school diplomas, while graduate degrees are much less common. The population skews towards younger age groups but has significant representation across all age ranges. Racially, the area is predominantly White, with small but noteworthy numbers of African American, Asian, and other minority groups. Understanding these trends can provide valuable... Read more
Race Distribution in Saline County, Nebraska (2022)
Educational Attainment in Saline County, Nebraska (2022)
Age Distribution in Saline County, Nebraska
Citizen Population in Saline County, Nebraska (2022)
Political Trends & Data
In Saline County, Nebraska, the 2020 Presidential Election revealed a strong conservative lean, with about 63% of votes going to the Republican candidate and only around 34% to the Democratic candidate. The Libertarian candidate garnered around 2.7%, indicating limited traction for third parties. This trend might suggest that properties here could be more appealing to buyers with conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Saline County, Nebraska, exhibited a clear preference for the Republican candidate, who secured approximately 63% of the vote. This is significantly higher compared to the Democratic candidate's share of around 34%. The Libertarian candidate received a modest 2.7%, while other parties were virtually absent from the tally. The data might suggest a strong lean towards conservative values in this county.
62.93% of voters voted for the Republican party in the 2020 Presidential Election
34.42% of voters voted for the Democrat party in the 2020 Presidential Election
2.65% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Saline County, Nebraska's fluctuating student-to-teacher ratio, peaking at around 14 students per teacher in 2018 and 2020, aligns closely with national averages. This could impact investment decisions in educational infrastructure and may influence property values based on perceived school quality. A lower student-to-teacher ratio in certain years might suggest more personalized education, which could be appealing to potential movers. Real estate professionals and appraisers, as well as... Read more
Student-to-teacher ratio in Saline County, Nebraska over the last 10 years
Saline County, Nebraska has seen its student-to-teacher ratio fluctuate over the past decade, with notable peaks in 2018 and 2020 at around 14 students per teacher, aligning closely with the national average. These changes could affect investment decisions in educational infrastructure and impact property values due to perceived school quality. For those looking to move to the area, a lower student-to-teacher ratio in certain years might suggest periods of more personalized education. Appraisers and real estate agents might consider these fluctuations when evaluating properties, and insurance agents could find it relevant for risk assessment in terms of youth density and community support needs.
