Sarpy County Real Estate and Livability Trends
Sarpy County, Nebraska's median home values surged from $163,800 in 2015 to $263,000 in 2022, outstripping state and national averages. This increase hints at strong demand likely fueled by economic growth and attractive living conditions. Rising property taxes from $4,172.83 in 2012 to $6,678.00 in 2021 indicate escalating property valuations. The decline in principal residence mortgages from... Read more
Sarpy County Market Trends
Sarpy County, Nebraska, has seen median home values jump from $163,800 in 2015 to $263,000 in 2022, outpacing state and national averages. This escalation hints at growing demand, potentially driven by economic growth or attractive living conditions. Meanwhile, residential energy tax credits have fluctuated, peaking at $2,650.00 in 2018, and suggesting an inconsistent uptake of energy-efficient... Read more
Median Value of Occupied Housing Units in Sarpy County, Nebraska Over the Last 8 Years
Over the past eight years, median home values in Sarpy County, Nebraska have surged significantly from $163,800 in 2015 to $263,000 in 2022. This upward trend outpaces both state and national averages, with Nebraska's median home values reaching $205,600 and the national figures standing at $179,400 in 2022. This rapid appreciation might indicate a growing demand for housing in Sarpy County, possibly driven by factors like economic growth or desirable living conditions, making it an interesting area for investors and potential homeowners.
Residential Energy Tax Credit Per Tax Return in Sarpy County, NE Over the Last 9 Years
Over the last nine years, Sarpy County, Nebraska has seen a fluctuating average residential energy tax credit per tax return, peaking dramatically in 2018 at $2,650.00. After this unprecedented spike, the credit amounts have generally stayed below $530, with another notable rise in 2021 to $927.48. This variability suggests a growing interest in energy-efficient improvements but also reflects potential inconsistencies in tax incentive uptake or availability. Prospective investors and property developers should consider these trends when evaluating the long-term benefits of energy-efficient homes in the area.
Average Real Estate Taxes Per Tax Return in Sarpy County, NE Over the Last 10 Years
Real estate taxes in Sarpy County, Nebraska have been on a steady upward trend over the last decade. In 2012, average taxes per return were approximately $4,172.83, climbing to around $6,678.00 by 2021. This consistent rise, peaking notably in 2018 and 2019, suggests an increasing valuation of properties. Such data can be pivotal for investors, real estate agents, and property developers as it implies potential growth in property values, but it also calls for attention from insurance agents and appraisers to adjust their evaluations and coverage.
Percentage of Farm Returns in Sarpy County, NE Over the Last 10 Years
Over the past decade in Sarpy County, Nebraska, the percentage of farm tax returns has generally declined, starting from approximately 0.69% in 2012 and decreasing to about 0.51% in 2021. This downward trend might suggest a shift away from traditional farming activities in the area, potentially impacting those interested in agricultural investments or those who may rely on the farming community. This could be particularly pertinent for investors or new residents evaluating the economic landscape of Sarpy County, as shifts in farming can affect everything from land use to local commerce.
Number of Mortgages by Occupancy Type in Sarpy County, NE Over the Last 5 Years in Sarpy County
In Sarpy County, Nebraska, there's been an observable shift in mortgage counts, with principal residence mortgages seeing a notable decrease from 2020 to 2022, while investment property and second residence mortgages have also trended downwards. This could indicate a cooling off in the local real estate market, or perhaps a shift in the types of properties being bought. For investors, it might be useful to note the potential increasing scarcity, and for those new to the area or considering moving in, it might suggest a changing landscape in property availability. Appraisers and real estate agents should consider these dynamics when evaluating property values and market trends, while insurers might adjust risk assessments based on these evolving occupancy patterns.
Economic Outlook
Sarpy County, Nebraska has potentially seen economic growth, with the average taxable income per tax return rising from about $63,666.97 in 2013 to roughly $87,276.16 in 2021. State and local income taxes have also trended upward, increasing from around $5,355.59 in 2012 to approximately $8,307.17 by 2021, potentially indicating higher incomes or tax adjustments. Additionally, the total tax liability has climbed from $8,867.42 in 2012 to about $13,393.98 in 2021, particularly jumping post-2017,... Read more
Average Taxable Income per Tax Return in Sarpy County, NE over the last 9 years
Sarpy County, Nebraska has seen a steady rise in the average taxable income per tax return over the past nine years. Starting at around $63,666.97 in 2013, it has potentially increased to approximately $87,276.16 by 2021. This upward trend indicates potential economic growth and might suggest a more affluent resident base over time. These figures could be of significant interest to investors, real estate agents, and those considering relocation, possibly forecasting stable property valuations and an appealing market for development.
Average State and Local Income Taxes Per Tax Return in Sarpy County, NE Over the Last 10 Years
Over the past decade in Sarpy County, Nebraska, average state and local income taxes per tax return have shown a steady upward trend, growing from approximately $5,355.59 in 2012 to about $8,307.17 in 2021. This increase potentially reflects rising incomes or tax rate adjustments in the area. Potential investors, real estate agents, and those considering moving to Sarpy County might find the climbing tax rates indicative of economic growth and a potentially higher cost of living. For appraisers and insurance agents, these numbers could signal an evolving financial landscape that merits attention.
Average Total Tax Liability Per Tax Return in Sarpy County, NE Over the Last 10 Years
Over the past decade in Sarpy County, Nebraska, the average total tax liability per tax return has generally increased, showcasing a possible trend of rising incomes or alterations in tax policies. In 2012, the average liability was around $8,867.42, which has climbed to approximately $13,393.98 by 2021. Significant jumps are noted post-2017, hinting at economic changes likely influencing taxpayers. Those looking to invest in or move to Sarpy County may want to consider these trends for planning financial and tax-related decisions.
Cost of Living in Sarpy County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,606 | $1,496 | $2,190 | $2,230 | $2,002 |
| 1 adult 4 children | $1,606 | $1,222 | $1,685 | $2,230 | $2,152 |
| 2 adults 3 children | $1,606 | $1,222 | $1,895 | $2,230 | $1,712 |
| 1 adult 3 children | $1,606 | $998 | $1,390 | $2,230 | $1,845 |
| 2 adults 2 children | $1,200 | $1,000 | $1,599 | $1,940 | $1,274 |
| 1 adult 2 children | $1,200 | $747 | $1,095 | $1,940 | $1,354 |
| 2 adults 1 child | $1,200 | $791 | $1,304 | $999 | $1,005 |
| 1 adult 1 child | $1,200 | $511 | $800 | $999 | $918 |
| 2 adults | $984 | $635 | $1,009 | $0 | $731 |
| 1 adult | $888 | $346 | $505 | $0 | $635 |
Safety trends & Data
Property crime trends in Sarpy County, Nebraska over the last five years reveal notable fluctuations. Larceny-theft saw a decrease from 436 cases in 2018 to 121 in 2021 but spiked to 200 in 2022. Vandalism incidents peaked at 153 in 2021, showing an upward trend. Fraud cases have stayed relatively steady, varying between 32 to 65 annually. The inconsistent rates of burglary and motor vehicle theft could impact decisions for potential investors, real estate agents, and those assessing risk for... Read more
Property Crime Trends in Sarpy County, NE Over the Last 5 Years
Property crime trends in Sarpy County, Nebraska over the last five years reveal fluctuations across various categories. Larceny-theft consistently dominates the figures, with 436 cases in 2018, declining to 121 by 2021, and then rising again to 200 in 2022. Vandalism incidents show an upward trend with a notable peak of 153 in 2021. Fraud cases have varied but generally hovered in the range of 32 to 65 annually. Burglary and motor vehicle theft rates exhibit less consistency, with yearly figures often fluctuating. These patterns could influence decisions for potential investors, real estate agents, and those assessing risk for insurance purposes.
Demographics
Sarpy County, Nebraska, presents a fairly balanced gender distribution among its adult population, with males and females almost equally represented. Educational attainment is marked by a strong presence of higher education, as individuals with a bachelor's degree or higher account for a significant portion of the population. The age distribution skews somewhat young, with a notable number of residents under the age of 45. Racially, the county is predominantly White, although there is some... Read more
Race Distribution in Sarpy County, Nebraska (2022)
Educational Attainment in Sarpy County, Nebraska (2022)
Age Distribution in Sarpy County, Nebraska
Citizen Population in Sarpy County, Nebraska (2022)
Political Trends & Data
In Sarpy County, Nebraska, Republicans appeared to have a slight edge in the 2020 U.S. Presidential Election with around 54% of the vote, while Democrats captured roughly 43%. Libertarians made a notable appearance with approximately 2.6%. This suggests a competitive political landscape with potential shifting voter dynamics or localized issues impacting party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Sarpy County, Nebraska, Republicans seemed to hold a slight edge with approximately 54% of the vote during the 2020 U.S. Presidential Election, while Democrats managed to attract around 43%. The Libertarian candidate captured a small but notable share at about 2.6%. This distribution implies a relatively competitive political landscape, despite the Republican tilt, which might indicate shifting voter dynamics or localized issues influencing party preference.
54.33% of voters voted for the Republican party in the 2020 Presidential Election
43.07% of voters voted for the Democrat party in the 2020 Presidential Election
2.60% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Sarpy County, Nebraska, the student-to-teacher ratio, which stood at 15 in 2019, recently fell to around 13—below the national average. This shift potentially signals improved educational environments, possibly influencing local property values and making the area more attractive to investors or new residents. Real estate and insurance professionals might find these trends particularly noteworthy when assessing market dynamics and community... Read more
Student-to-teacher ratio in Sarpy County, Nebraska over the last 10 years
Over the last decade, the student-to-teacher ratio in Sarpy County, Nebraska has generally hovered around the national average of 14 students per teacher, except for a notable dip in recent years. In 2019, the ratio peaked at 15, which was somewhat higher than the national average, suggesting possible strains on educational resources. However, a more significant reduction became apparent from 2021 onwards with ratios declining to around 13, indicating smaller class sizes. Such shifts might be relevant for those looking to invest or move to the area, as they potentially suggest improved educational environments. For real estate agents and appraisers, this trend could influence property values, while insurance agents might consider it when assessing risk factors tied to school quality.
