Seward County Real Estate and Livability Trends
Seward County, Nebraska's real estate market is witnessing notable shifts with median home values rising from $147,800 in 2015 to $208,700 in 2022, drawing potential investor interest and signaling a demand spike. Real estate taxes are consistently climbing, reflecting this growth, while a dip in farm tax returns hints at changing land use patterns. Fluctuations in mortgage numbers, especially a... Read more
Seward County Market Trends
Seward County, Nebraska has seen its median home values soar from $147,800 in 2015 to $208,700 in 2022, outpacing state and national growth rates. This may signal rising demand and investment interest. Real estate taxes per return also exhibit a consistent upward trend, growing from $3,189.86 in 2012 to $4,936.96 in 2021. Meanwhile, farm tax returns have slightly declined, suggesting shifts in... Read more
Median Value of Occupied Housing Units in Seward County, Nebraska Over the Last 8 Years
Seward County, Nebraska has seen a significant rise in median home values over the past eight years, jumping from $147,800 in 2015 to $208,700 in 2022. This growth rate outpaces both the state of Nebraska, which moved from $133,200 to $205,600 in the same period, and the national median, which increased from $125,500 to $179,400. This trajectory might suggest increasing demand and investment interest in the area, making it an appealing option for both current residents and potential buyers looking for growth opportunities.
Residential Energy Tax Credit Per Tax Return in Seward County, NE Over the Last 8 Years
Over the last eight years in Seward County, Nebraska, the average residential energy tax credit per tax return has displayed significant fluctuations, ranging from a low of $584.21 in 2013 to a peak of $1,246.15 in 2016. Notable increases were also seen in 2014 and 2020, when the average tax credits reached $862.50 and $1,140.00, respectively. This pattern suggests a varying interest or eligibility among residents in improving residential energy efficiency, which could be a point of consideration for potential investors, real estate agents, and homeowners looking to maximize tax benefits through energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Seward County, NE Over the Last 10 Years
The average real estate taxes per tax return in Seward County, Nebraska, have shown a noticeable upward trend over the last decade. Starting at approximately $3,189.86 in 2012, these taxes increased to about $4,936.96 by 2021. This gradual rise indicates a growing demand and possibly an increase in property valuations, making it a significant point of interest for potential investors, real estate agents, and those considering moving to the area.
Percentage of Farm Returns in Seward County, NE Over the Last 10 Years
Over the past decade, farm tax returns in Seward County, Nebraska, have shown a slight but steady decline. In 2012, approximately 11.14% of tax returns were filed by farms, dropping to about 10.10% by 2021. Farm tax returns represent the filing of taxes specific to agricultural operations, and a downward trend in these filings might suggest shifts in the county's economic activities or land use patterns. This data could be critical for potential investors, real estate developers, and those interested in local agricultural dynamics, as it might indicate changing economic opportunities and land utilization in Seward County.
Number of Mortgages by Occupancy Type in Seward County, NE Over the Last 5 Years in Seward County
Seward County, Nebraska has seen a fluctuating trend in the number of mortgages for principal residences over the past five years, peaking in 2020 at 1185 and dropping to 543 by 2022. Investment property mortgages have generally declined from 66 in 2019 to 23 in 2022. The number of second residence mortgages remains minimal. Variations in occupancy type matter because they indicate shifts in demand for different property uses, which could influence property values, rental rates, and investment opportunities. For instance, a decrease in investment property mortgages could imply less interest from investors, potentially leading to favorable conditions for homebuyers. On the other hand, rising principal residence mortgages might reflect a growing local population or an increase in housing affordability. Understanding these trends is vital for anyone involved in real estate, from investors to appraisers, as it helps paint a clearer picture of the local market dynamics and future opportunities.
Economic Outlook
In Seward County, Nebraska, the average taxable income per tax return has shown a general upward trend over the past nine years, starting at $67,029.42 in 2013 and rising to $82,770.26 by 2021. State and local income taxes have fluctuated as well, peaking at $7,837.78 in 2018 and averaging between $6,500 and $7,700 in recent years. Total tax liabilities have also varied, ranging from a low of $9,336.30 in 2019 to highs of over $11,000 in 2013 and 2021. These trends suggest a strengthening local... Read more
Average Taxable Income per Tax Return in Seward County, NE over the last 9 years
Seward County, Nebraska has experienced some fluctuation but generally upward trends in average taxable income per tax return over the past nine years. Starting at $67,029.42 in 2013, there were slight dips in subsequent years, notably reaching a low of $64,282.76 in 2015. However, the county saw significant growth by 2021, with average taxable income hitting $82,770.26. This trajectory might suggest a strengthening local economy, potentially attracting investors, real estate developers, and new residents looking for prosperity and growth potential.
Average State and Local Income Taxes Per Tax Return in Seward County, NE Over the Last 10 Years
Seward County, Nebraska, has seen noticeable fluctuations in state and local income taxes per tax return over the past decade, peaking at $7,837.78 in 2018 and averaging around $6,500 to $7,700 in recent years. This trend can hint at a variable but generally increasing tax burden, likely influenced by broader economic conditions. Such insights could be useful for potential investors and real estate agents assessing the local financial climate, as well as appraisers and insurance agents gauging long-term property value stability in the area.
Average Total Tax Liability Per Tax Return in Seward County, NE Over the Last 10 Years
Over the past decade, Seward County, Nebraska has exhibited fluctuating average total tax liabilities per tax return, with amounts peaking in 2013 at $11,364.21 and again in 2021 at $12,081.20. Despite occasional dips, such as a noticeable low of $9,336.30 in 2019, the general trend seems to indicate variability influenced by broader economic factors. This variability is crucial for investors, real estate agents, and potential homeowners to consider, as it can impact property values and overall economic stability in the area. Understanding these trends may also help appraisers and insurance agents better assess risk and financial commitments for clients.
Cost of Living in Seward County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,145 | $1,560 | $2,038 | $1,644 | $1,555 |
| 1 adult 4 children | $1,145 | $1,274 | $1,568 | $1,644 | $1,705 |
| 2 adults 3 children | $1,145 | $1,275 | $1,763 | $1,644 | $1,278 |
| 1 adult 3 children | $1,145 | $1,041 | $1,293 | $1,644 | $1,395 |
| 2 adults 2 children | $827 | $1,043 | $1,489 | $1,424 | $964 |
| 1 adult 2 children | $827 | $779 | $1,019 | $1,424 | $986 |
| 2 adults 1 child | $827 | $825 | $1,214 | $706 | $822 |
| 1 adult 1 child | $827 | $533 | $744 | $706 | $700 |
| 2 adults | $638 | $663 | $940 | $0 | $644 |
| 1 adult | $580 | $361 | $470 | $0 | $537 |
Safety trends & Data
Seward County, Nebraska has seen fluctuating property crime trends over the past five years, with a significant drop in larceny-theft from a peak of 10 arrests in 2018 to just one in 2022. Vandalism cases spiked in 2020 but have since decreased, while burglary incidents have remained consistently low. Stolen property crimes have been irregular, with a slight increase noted towards 2022. These crime trends could provide valuable insights for investors, residents, and real estate professionals... Read more
Property Crime Trends in Seward County, NE Over the Last 5 Years
Seward County, Nebraska has shown varied property crime trends over the last five years. While larceny-theft incidents peaked in 2018 with 10 arrests, they have since decreased significantly to only one arrest by 2022. Vandalism cases saw a notable spike in 2020 with 11 incidents but dropped sharply in subsequent years. Burglary arrests have remained relatively low and steady, fluctuating between one and two cases annually. Stolen property crimes have been inconsistent but showed a slight increase towards 2022. These trends suggest potential shifts in crime patterns that may interest investors, residents, and professionals monitoring real estate and property values in the area.
Demographics
Seward County, Nebraska, shows a balanced gender distribution with males slightly outnumbering females. The population is predominantly white, with minimal representation from other racial groups. Educational attainment varies: a significant number of residents hold at least a high school diploma, and many have pursued higher education. The age spread suggests a diverse mix from young children to senior citizens, indicating a potentially stable but aging community. This blend of demographics... Read more
Race Distribution in Seward County, Nebraska (2022)
Educational Attainment in Seward County, Nebraska (2022)
Age Distribution in Seward County, Nebraska
Citizen Population in Seward County, Nebraska (2022)
Political Trends & Data
In Seward County, Nebraska, around 71% of the votes in the 2020 U.S. Presidential Election leaned toward the Republican party, with the Democratic party capturing approximately 27%. The county's overwhelmingly conservative voting pattern might shape both local and state political strategies moving... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Seward County, Nebraska, the 2020 U.S. Presidential Election results indicate a strong leaning toward the Republican party, which secured around 71% of the votes. The Democratic party garnered approximately 27%, while the Libertarian party received just over 2%. The Green party didn't register any votes, and no other parties made a significant impact. This voting pattern may reflect the county’s political landscape and could influence future electoral strategies within the state.
70.99% of voters voted for the Republican party in the 2020 Presidential Election
26.67% of voters voted for the Democrat party in the 2020 Presidential Election
2.34% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Seward County, Nebraska, has been maintaining a student-to-teacher ratio lower than the national average of 14:1, consistently dipping to around 13:1 in recent years. This educational trend suggests more personalized attention for students, which could appeal to relocating families. Real estate agents might see this as a strong selling point, and educational appraisers or potential investors could view it as indicative of a nurturing learning... Read more
Student-to-teacher ratio in Seward County, Nebraska over the last 10 years
Over the past decade, Seward County, Nebraska has consistently observed a student-to-teacher ratio that hovers below the US national average of 14 students per teacher. The ratio has fluctuated slightly, with noticeable variations such as in 2015 when it dipped to around 13 students per teacher and in more stable years like 2023 remaining close to 13.5. These lower ratios could potentially indicate more personalized attention for students and might be appealing for families considering relocating. For real estate agents, this trend might serve as a selling point, while educational appraisers or potential investors could see this as a sign of a nurturing educational environment.
