Thurston County Real Estate and Livability Trends
Thurston County, Nebraska shows a potentially volatile economic environment with average taxable income per return swinging from $46,227.51 in 2014 to $41,028.21 in 2017, before climbing to $55,299.62 in 2021. This volatility could appeal to investors eyeing short-term gains but might raise caution flags for appraisers and insurance agents assessing risk. Meanwhile, median home values have jumped... Read more
Thurston County Market Trends
Median home values in Thurston County, Nebraska have increased from $68,600.00 in 2015 to $90,000.00 in 2022, making it a potentially attractive market for buyers looking for more affordable options compared to the state's median of $205,600.00. Residential energy tax credits have fluctuated, reflecting possible changes in energy policies and impacting financial incentives for energy-efficient... Read more
Median Value of Occupied Housing Units in Thurston County, Nebraska Over the Last 8 Years
Median home values in Thurston County, Nebraska have shown a unique trajectory over the last eight years, starting at $68,600.00 in 2015 and rising to $90,000.00 in 2022. While there were slight fluctuations, the rise to $90,000.00 in 2022 marks a significant increase. This trend contrasts with the overall state median of $205,600.00 and the national median of $179,400.00 in the same year. Investors and potential homeowners might find Thurston County attractive due to its lower entry point, especially compared to state and national figures, offering perhaps better affordability while still experiencing growth.
Residential Energy Tax Credit Per Tax Return in Thurston County, NE Over the Last 4 Years
Residential energy tax credits in Thurston County, Nebraska have shown a fluctuating trend over the past four years. In 2013, the average credit was $266.67 per tax return, which decreased to $250.00 in 2014. The credit dipped further to $166.67 in 2015, before bouncing back to $250.00 in 2016. This variability could be indicative of changing energy policies or shifts in residential energy improvements. Understanding these fluctuations is crucial for potential investors, real estate agents, and homeowners as they reflect the financial incentives available for energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Thurston County, NE Over the Last 10 Years
Over the past decade in Thurston County, Nebraska, average real estate taxes per tax return have exhibited a notable increase, moving from approximately $2,794.44 in 2012 to $5,350.00 in 2021. Despite some fluctuations, the upward trend could be of interest to potential property investors and real estate agents, indicating possible rising property values and investment returns. Appraisers and insurance agents might also note this trend as indicative of increasing property asset values within this region. Those considering a move or building property here should be aware of the rising taxes, as it reflects potential increases in long-term costs.
Percentage of Farm Returns in Thurston County, NE Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Thurston County, Nebraska has experienced slight fluctuations, hovering around the 10% mark. These variations indicate modest but persistent farm activity, with peaks nearly reaching 11% in 2015 and 2016. While there’s a minor dip post-2016, the general trend remains relatively stable. Understanding these trends might hint at broader economic stability in agriculture, influencing decisions for those considering investing in property, moving to, or engaging in farm-related activities in the county.
Number of Mortgages by Occupancy Type in Thurston County, NE Over the Last 5 Years in Thurston County
In Thurston County, Nebraska, the dominant trend over the last five years shows a significant rise in the number of mortgages for principal residences, peaking in 2021 with 118. Meanwhile, investment property mortgages have remained relatively low and stable, with only minor fluctuations between 1 to 4 annually. This shift could suggest a growing demand for permanent living arrangements, potentially attracting families or those seeking long-term settlement in the area. It might also indicate less interest from investors, which could impact property values and availability. For real estate agents, appraisers, and those planning to move or invest locally, understanding these patterns can inform decisions about property value trends, future demand, and the type of clientele actively shaping the market.
Economic Outlook
In Thurston County, Nebraska, the average taxable income per tax return has shown a volatile pattern over the past nine years, peaking at $46,227.51 in 2014 and dipping to $41,028.21 in 2017, before recovering to $55,299.62 in 2021. This recent upward trend might attract real estate attention but also signals economic volatility that appraisers and insurance agents should note for risk assessments. Additionally, the shifts in average state and local income taxes, from a low of $5,475.00 in 2019... Read more
Average Taxable Income per Tax Return in Thurston County, NE over the last 9 years
Over the past nine years, average taxable income per tax return in Thurston County, Nebraska has experienced some fluctuations. After a peak in 2014 at $46,227.51, the value dipped to its lowest in 2017 at $41,028.21 before gradually recovering to $55,299.62 in 2021. This suggests a recent upward trend that might appeal to potential investors and real estate professionals interested in the area's economic climate. However, the annual variations indicate a somewhat volatile income landscape that could be a consideration for appraisers and insurance agents assessing long-term financial risks.
Average State and Local Income Taxes Per Tax Return in Thurston County, NE Over the Last 10 Years
Thurston County, Nebraska, has seen fluctuating average state and local income taxes per tax return over the past decade. The amounts varied significantly, peaking in 2021 at $11,900.00, while hitting a low of $5,475.00 in 2019. Such volatility could indicate economic shifts or policy changes in the region that may impact those considering investments or relocations to this area. This kind of trend can inform appraisers, insurance agents, and real estate professionals, providing context for property valuation and risk assessment.
Average Total Tax Liability Per Tax Return in Thurston County, NE Over the Last 10 Years
Thurston County, Nebraska has seen fluctuations in the average total tax liability per tax return over the past decade, ranging from a high of $9,371.52 in 2015 to a low of $7,468.18 in 2018. Although there's been variability, the recent trend suggests a steady increase post-2018, reaching $8,432.02 in 2021. This data may inform potential investors, real estate professionals, and residents about the economic climate and tax burdens in the area, highlighting a need for careful financial planning and consideration of tax implications when making decisions regarding property investments or relocations within the county.
Cost of Living in Thurston County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,267 | $2,195 | $1,271 | $1,185 |
| 1 adult 4 children | $1,005 | $1,035 | $1,681 | $1,271 | $1,314 |
| 2 adults 3 children | $1,005 | $1,035 | $1,904 | $1,271 | $948 |
| 1 adult 3 children | $1,005 | $845 | $1,389 | $1,271 | $1,049 |
| 2 adults 2 children | $826 | $847 | $1,612 | $1,105 | $822 |
| 1 adult 2 children | $826 | $633 | $1,098 | $1,105 | $797 |
| 2 adults 1 child | $826 | $670 | $1,320 | $564 | $747 |
| 1 adult 1 child | $826 | $432 | $806 | $564 | $614 |
| 2 adults | $628 | $538 | $1,028 | $0 | $597 |
| 1 adult | $562 | $293 | $514 | $0 | $519 |
Safety trends & Data
Property crime in Thurston County, Nebraska has experienced notable fluctuations over the past few years. While 2018 had relatively low incidents, 2019 saw significant spikes in burglary (10.00) and motor vehicle theft (10.00). Vandalism hit its peak in 2020 with 16.00 reported cases. Although 2021 and 2022 data may hint at a downward trend, the volatility in these figures could impact property values and insurance premiums. Investors and property stakeholders should closely monitor these... Read more
Property Crime Trends in Thurston County, NE Over the Last 4 Years
Property crime in Thurston County, Nebraska has shown some notable fluctuations over the past four years. 2018 saw relatively low incidents with larceny-theft at 4.0, whereas 2019 experienced significant spikes, particularly in burglary (10.0) and motor vehicle theft (10.0). Vandalism hit its peak in 2020, with 16.0 reported cases. The years 2021 and 2022 data may hint at a downward trend, but the volatility in these figures could impact property values and insurance premiums, making it crucial for investors and property stakeholders to monitor these trends closely.
Demographics
Thurston County, Nebraska displays a subtle gender imbalance with 2219 females to 2076 males. The region seems to prioritize education with a significant portion of its population holding at least a high school diploma; interestingly, a modest number have pursued higher education, with 515 achieving bachelor's degrees. The age distribution suggests a relatively young demographic, particularly with strong representation in the under-10 bracket. Racially, the county is predominantly American... Read more
Race Distribution in Thurston County, Nebraska (2022)
Educational Attainment in Thurston County, Nebraska (2022)
Age Distribution in Thurston County, Nebraska
Citizen Population in Thurston County, Nebraska (2022)
Political Trends & Data
Thurston County, Nebraska's real estate market trends might be subtly influenced by its competitive political landscape. About 50.8% of voters leaned Republican in the 2020 U.S. Presidential Election, while Democrats secured nearly 48.3% of the votes, implying a relatively balanced political environment. This slight edge could potentially impact buyer and seller sentiments, as well as decision-making processes, especially among those considering factors like local governance and policies. The... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Thurston County in Nebraska showed a slight lean towards Republican preferences in the 2020 U.S. Presidential Election, with approximately 50.8% of the votes. Meanwhile, Democrats garnered nearly 48.3%, indicating a relatively competitive political landscape. The Libertarian party had a minimal impact with about 1%, and other third-party influences were negligible. This suggests a predominantly two-party dynamic with only minor deviations toward alternative political options.
50.75% of voters voted for the Republican party in the 2020 Presidential Election
48.26% of voters voted for the Democrat party in the 2020 Presidential Election
0.99% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Thurston County, Nebraska’s student-to-teacher ratio has been consistently lower than the national average over the last decade. This trend might appeal to families looking for a more personalized educational experience for their children, potentially making the area more attractive for relocation. Real estate agents could leverage this as a key selling point, boosting interest from buyers with children. For appraisers and insurance agents, this might indirectly signal community investment in... Read more
Student-to-teacher ratio in Thurston County, Nebraska over the last 10 years
Over the last 10 years, Thurston County, Nebraska has consistently maintained a lower student-to-teacher ratio compared to the national average of 14 students per teacher. This trend may suggest a more personalized educational experience for students, which could be appealing to families considering relocation. For real estate agents, this low ratio might be a selling point when marketing properties to potential buyers with children. Appraisers and insurance agents could consider these figures as an indirect indicator of community investment in education, possibly affecting local property values and insurance risks. Investors and builders might see this as a sign of stable or potentially growing demand for family-oriented housing.
