Valley County Real Estate and Livability Trends
Valley County, Nebraska, has seen substantial shifts in the real estate market over recent years. From a sharp rise in median home values—from $84,700 in 2015 to $125,800 in 2022—to fluctuating residential energy tax credits and varying real estate taxes, the market has been anything but static. The county's highly Republican political climate, demonstrated by the 81% vote in the 2020... Read more
Valley County Market Trends
Valley County, Nebraska, has seen a substantial increase in median home values, jumping from $84,700 in 2015 to $125,800 in 2022, outpacing Nebraska's statewide and national trends although from a lower baseline. The average residential energy tax credit per tax return has fluctuated, peaking at $350.00 in 2019 and stabilizing at $200.00 in 2020-2021, suggesting shifts in energy efficiency... Read more
Median Value of Occupied Housing Units in Valley County, Nebraska Over the Last 8 Years
Valley County, Nebraska, has experienced a significant upward trend in median home values over the last eight years, rising from $84,700 in 2015 to $125,800 in 2022. When compared to statewide and national trends, Valley County's growth is considerable yet starting from a lower base. Nebraska's median home value climbed from $133,200 to $205,600 during the same period, while nationally, the figures went from $125,500 to $179,400. Although still below state and national averages, Valley County's consistent growth could indicate increasing desirability, making it potentially attractive for investors and homebuyers looking for emerging markets with substantial growth potential.
Residential Energy Tax Credit Per Tax Return in Valley County, NE Over the Last 7 Years
Valley County, Nebraska, has seen fluctuations in the average residential energy tax credit per tax return over the past seven years, ranging from a low of $166.67 in 2015 to a peak of $350.00 in 2019. Notably, the years 2020 and 2021 saw a stabilization at $200.00. These ups and downs could imply shifts in energy efficiency investments or changes in policy impacts, which might intrigue investors and property developers. This variable landscape offers unique opportunities and challenges for those seeking to optimize energy savings in their projects.
Average Real Estate Taxes Per Tax Return in Valley County, NE Over the Last 10 Years
Average real estate taxes per tax return in Valley County, Nebraska have shown some fluctuations over the past decade, with key peaks around $2,764.00 in 2013 and a notable increase to $3,100.00 in 2020. A significant drop is evident in 2021, bringing the figure down to approximately $2,433.33. This variability in tax amounts could impact decisions for potential investors, property developers, and even those considering a move to the area, depending on historical tax stability being a concern.
Percentage of Farm Returns in Valley County, NE Over the Last 10 Years
In Valley County, Nebraska, the percentage of farm tax returns has seen a slight downward trend over the past decade, fluctuating from a high of about 21.03% in 2013 to around 18.62% in 2021. This could indicate shifting economic dynamics and evolving land use patterns in the area. For investors and prospective residents, this trend may point to a gradual diversification of economic activities beyond traditional farming, impacting real estate developments and investment opportunities. Farm tax returns reflect the number of farms claiming tax deductions, offering insights into the farming sector's economic health and its relative size compared to other sectors.
Number of Mortgages by Occupancy Type in Valley County, NE Over the Last 5 Years in Valley County
Over the last five years in Valley County, Nebraska, there's been a notable predominance of mortgages for principal residences compared to investment and second properties. Peaks in principal residence mortgages suggest a potential increase in owner-occupied housing demand, which could indicate growing local stability or confidence in the area. For investors, fluctuating investment property mortgages may signal varying opportunities or changing returns. Appraisers and insurance agents should consider these occupancy trends as they often correlate with market risk and property value assessments. Real estate agents and those looking to move or build here might find this data reflective of the region’s residential appeal and investment potentials.
Economic Outlook
Valley County, Nebraska's average taxable income has seen significant fluctuations over the past nine years, with notable dips in 2014, 2016, and 2019, and a sharp rise peaking at $58,090.26 in 2020 and 2021. Parallel trends in state and local income taxes, with peaks like $9,325.00 in 2020 and troughs as low as $6,033.33 in 2017, imply a volatile tax environment. With average total tax liabilities also peaking in 2021 at $9,229.80 following a 2019 low, it's clear that economic shifts are at... Read more
Average Taxable Income per Tax Return in Valley County, NE over the last 9 years
Valley County, Nebraska has seen fluctuations in the average taxable income per tax return over the past nine years, with noticeable dips in 2014, 2016, and 2019, where income dropped to $38,930.21, $36,483.51, and $34,742.93 respectively. A significant uptick occurred in 2020 and 2021, peaking at $58,090.26, highlighting a potential increase in economic activities or income growth opportunities. Understanding these trends can be crucial for investors, real estate agents, and appraisers who are evaluating the financial climate and growth potential of this region.
Average State and Local Income Taxes Per Tax Return in Valley County, NE Over the Last 10 Years
Valley County, Nebraska has seen significant fluctuations in average state and local income taxes per tax return over the past decade. Despite several peaks, such as $9,325.00 in 2020, and troughs like $6,033.33 in 2017, the trend overall suggests volatility. Potential investors and those contemplating moving to Valley County should consider these variable taxes when evaluating long-term financial commitments, potentially affecting disposable income and overall cost of living.
Average Total Tax Liability Per Tax Return in Valley County, NE Over the Last 10 Years
Over the past decade, Valley County, Nebraska has seen fluctuating average total tax liabilities per tax return, peaking at $9,229.80 in 2021 after a low of $5,783.33 in 2019. Notable dips occurred between 2014 and 2019, with a significant increase post-2020. This volatility may indicate an evolving economic landscape, potentially driven by changes in local industry, employment rates, or demographic shifts. Investors and real estate agents should stay alert to these trends as they can impact property valuations and fiscal planning.
Cost of Living in Valley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,383 | $2,140 | $1,271 | $1,259 |
| 1 adult 4 children | $1,005 | $1,130 | $1,638 | $1,271 | $1,394 |
| 2 adults 3 children | $1,005 | $1,130 | $1,856 | $1,271 | $1,009 |
| 1 adult 3 children | $1,005 | $923 | $1,354 | $1,271 | $1,116 |
| 2 adults 2 children | $826 | $925 | $1,571 | $1,105 | $862 |
| 1 adult 2 children | $826 | $691 | $1,070 | $1,105 | $845 |
| 2 adults 1 child | $826 | $731 | $1,287 | $564 | $777 |
| 1 adult 1 child | $826 | $472 | $786 | $564 | $639 |
| 2 adults | $628 | $587 | $1,003 | $0 | $620 |
| 1 adult | $562 | $320 | $502 | $0 | $533 |
Safety trends & Data
Valley County, Nebraska, has experienced fluctuating property crime figures over the past five years. While motor vehicle theft was notable with 3.0 incidents in 2018, by 2022 burglary cases had spiked to 5.0 incidents. This unpredictable pattern of property crimes is something prospective property investors or those evaluating insurance might want to... Read more
Property Crime Trends in Valley County, NE Over the Last 5 Years
Valley County, Nebraska, has seen relatively low but varied property crime figures over the past five years. In 2018, motor vehicle theft stood out with 3.0 incidents, while other categories like larceny-theft and vandalism each recorded 1.0 incident. By 2022, there was a noticeable spike in burglary cases, jumping to 5.0 incidents. This fluctuation in property crime types highlights an unpredictable pattern that warrants attention for those considering property investments or insurance evaluations in the area.
Demographics
Valley County, Nebraska, reveals a nearly even split between male and female residents with a slight female majority. Educational attainment is distributed across various levels, with a significant proportion having completed high school or some college, though fewer possess graduate or professional degrees. Age distribution suggests a substantial population of older adults, particularly those aged 55 to 64, while younger individuals are less prevalent. The racial composition is predominantly... Read more
Race Distribution in Valley County, Nebraska (2022)
Educational Attainment in Valley County, Nebraska (2022)
Age Distribution in Valley County, Nebraska
Citizen Population in Valley County, Nebraska (2022)
Political Trends & Data
Valley County, Nebraska, demonstrated a pronounced Republican preference in the 2020 U.S. Presidential Election, with roughly 81% of votes going to the Republican candidate. Democrats garnered around 18%, indicating a substantial margin between the two major parties. The minimal impacts from Libertarians and the complete absence of Green party votes further emphasize the county's dominance by the two-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Valley County, Nebraska, showed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with approximately 81% of the vote. Democrats trailed notably, capturing around 18%, while Libertarians only made a minor impact with about 1%. The absence of votes for the Green party or other parties suggests a strong two-party preference in this county.
81.24% of voters voted for the Republican party in the 2020 Presidential Election
17.61% of voters voted for the Democrat party in the 2020 Presidential Election
1.15% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Valley County, Nebraska's student-to-teacher ratio peaked at 15 in 2015 but has now settled around 12, suggesting smaller class sizes compared to the national average of 14. This nuanced shift could hint at a more personalized educational experience, potentially boosting property values and attracting families. Investors, real estate agents, and appraisers might see this as a sign of strong community investment in local education, likely impacting market dynamics in favor of... Read more
Student-to-teacher ratio in Valley County, Nebraska over the last 10 years
Valley County, Nebraska has seen a varied student-to-teacher ratio over the past decade, with numbers peaking at 15 in 2015, which is slightly above the current national average of 14 students per teacher. Most recently, the ratio has hovered around 12, suggesting smaller class sizes compared to the national level and indicating a potentially favorable environment for individualized attention in classrooms. For investors, real estate agents, and those considering moving to Valley County, this could signal a desirable educational setting that might boost property values and attract families. Appraisers and insurance agents might interpret these trends as indicative of community investment in local education.
