Washington County Real Estate and Livability Trends
Washington County, Nebraska’s real estate market stands out with a dramatic 51% hike in median home values from $175,800 in 2015 to $265,800 in 2022. This rapid appreciation could incentivize investors seeking lucrative returns. Economic growth, with a 44% rise in average taxable income from $69,617.93 in 2013 to $99,883.45 in 2021, might bolster demand for premium housing. Additionally, a... Read more
Washington County Market Trends
Washington County, Nebraska has experienced a notable 51% increase in median home values from 2015 to 2022, rising from $175,800 to $265,800, outpacing both state and national growth rates. This appreciation might attract investors and homebuyers looking for promising returns. Residential energy tax credits saw a significant peak in 2018, indicating a period of substantial investment in energy... Read more
Median Value of Occupied Housing Units in Washington County, Nebraska Over the Last 8 Years
Washington County, Nebraska has seen its median home values jump from $175,800 in 2015 to $265,800 in 2022. This 51% increase outpaces the broader state of Nebraska, where the median rose from $133,200 to $205,600 in the same period. Nationally, the median home value grew from $125,500 to $179,400, indicating that Washington County is experiencing relatively robust property appreciation. This trend might be appealing for potential investors and homebuyers considering the area, as it could suggest a strong local economy and increasing demand for housing.
Residential Energy Tax Credit Per Tax Return in Washington County, NE Over the Last 9 Years
Washington County, Nebraska, has seen fluctuating trends in residential energy tax credits per tax return over the last nine years. While the average ranged from around $790.91 in 2013 and $793.48 in 2014, there was a notable spike reaching $1,118.18 in 2015. A substantial increase was evident in 2018, hitting $5,850.00, suggesting significant investment in energy-efficient improvements during that period. Other years show variability with averages such as $1,518.18 in 2021 indicating persistent, albeit inconsistent, homeowner engagement in energy savings. These trends imply a dynamic market with potential peaks in energy efficiency investments, valuable insight for prospective investors, real estate agents, and those considering property development focused on sustainable initiatives.
Average Real Estate Taxes Per Tax Return in Washington County, NE Over the Last 10 Years
Looking back over the past decade, there has been a noticeable upward trend in the real estate taxes per tax return in Washington County, Nebraska. From $3,976.77 in 2012, the taxes have increased to $7,156.76 in 2021. This steady climb might signal escalating property values or improved public services funded through these taxes, capturing the attention of potential investors and those looking to relocate. Real estate agents, appraisers, and insurers should also consider this data when evaluating property values and market growth in the area.
Percentage of Farm Returns in Washington County, NE Over the Last 10 Years
Over the past decade in Washington County, Nebraska, the percentage of farm tax returns has seen a slight decline from approximately 6.07% in 2012 to around 5% in 2021. This trend can provide insights into the agricultural economy and property investments in the area. Farm tax returns represent the number of taxpayers reporting farm income, reflecting the county's agricultural activity levels. For prospective investors, builders, or residents, understanding these trends might suggest shifts in farmland use, economic diversification, or potential challenges in the farming industry that could impact land values and development opportunities.
Number of Mortgages by Occupancy Type in Washington County, NE Over the Last 5 Years in Washington County
Washington County, Nebraska has seen varying numbers of mortgages for different occupancy types over the past five years. Principal residences overwhelmingly dominate with totals like 872 in 2018, peaking at 1,867 in 2020, and then dropping to 908 by 2022. Investment properties and second residences show much lower mortgage counts, generally staying below 50 and 10 per year, respectively. Real estate professionals and investors could glean that the area is primarily driven by those looking for principal homes rather than investment or vacation properties, potentially indicating a more stable, community-focused market. For insurance agents and appraisers, these trends highlight lower risks associated with fewer transient property investments. Such data assists builders and developers in making informed decisions about targeting residential construction aimed at long-term residents rather than transitory investments.
Economic Outlook
Washington County, Nebraska has seen a significant rise in the average taxable income per tax return over the past nine years, climbing from $69,617.93 in 2013 to $99,883.45 by 2021, reflecting nearly 44% growth. This economic uptrend might indicate stronger demand for quality housing and services, benefiting real estate values. Alongside rising incomes, state and local income taxes have also increased, from $6,537.72 in 2012 to $9,293.55 in 2021, adding financial considerations for potential... Read more
Average Taxable Income per Tax Return in Washington County, NE over the last 9 years
Over the past nine years in Washington County, Nebraska, the average taxable income per tax return has shown a consistent upward trend, beginning at $69,617.93 in 2013 and rising to $99,883.45 by 2021. This nearly 44% increase likely indicates robust local economic growth, which is promising for those looking to invest in property or businesses in the area. Higher average incomes suggest a more affluent tax base, potentially translating to stronger demand for quality housing and services. For appraisers and insurance agents, this income growth could correlate with increasing property values and insurance premiums, making the area more lucrative. Real estate agents might find these trends appealing to potential buyers or renters seeking a prosperous and expanding community.
Average State and Local Income Taxes Per Tax Return in Washington County, NE Over the Last 10 Years
The data reveals a consistent upward trend in average state and local income taxes per tax return in Washington County, Nebraska over the last decade. Starting from approximately $6,537.72 in 2012, the taxes registered a significant increase, reaching about $9,293.55 in 2021. Notably, the strongest jumps were observed post-2016, with a marked rise between 2016 and 2017, and continuing to climb through 2021. This may signal a growing fiscal pressure on residents and can be an important consideration for potential investors, appraisers, and real estate agents analyzing the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Washington County, NE Over the Last 10 Years
In Washington County, Nebraska, the average total tax liability per tax return has generally trended upwards over the past decade, increasing from around $11,475 in 2012 to approximately $17,293 in 2021. This steady rise, especially the notable jumps in recent years, may suggest economic growth and potentially higher incomes in the area. For prospective investors and real estate professionals, this could signal an expanding market, while appraisers and insurance agents might need to consider these upward trends in their valuations and risk assessments.
Cost of Living in Washington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,205 | $1,444 | $2,190 | $1,644 | $1,577 |
| 1 adult 4 children | $1,205 | $1,179 | $1,685 | $1,644 | $1,725 |
| 2 adults 3 children | $1,205 | $1,179 | $1,895 | $1,644 | $1,302 |
| 1 adult 3 children | $1,205 | $963 | $1,390 | $1,644 | $1,417 |
| 2 adults 2 children | $900 | $965 | $1,599 | $1,424 | $989 |
| 1 adult 2 children | $900 | $721 | $1,095 | $1,424 | $1,018 |
| 2 adults 1 child | $900 | $763 | $1,304 | $706 | $847 |
| 1 adult 1 child | $900 | $493 | $800 | $706 | $722 |
| 2 adults | $738 | $613 | $1,009 | $0 | $675 |
| 1 adult | $666 | $334 | $505 | $0 | $578 |
Safety trends & Data
Washington County, Nebraska has shown a possible improvement in property crimes over the last five years. Larceny-theft cases have notably dropped from 22 in 2018 to 6 in 2022, and vandalism incidents have also decreased after a peak in 2019. The area has consistently low occurrences of motor vehicle thefts, fraud, burglary, and possession of stolen property. These trends might suggest Washington County is becoming safer, an important consideration for potential investors, residents, and real... Read more
Property Crime Trends in Washington County, NE Over the Last 5 Years
Washington County, Nebraska has experienced fluctuations in property crimes over the past five years, with larceny-theft being the most prevalent. Notably, the number of larceny-theft cases has seen a downward trend, dropping from 22 incidents in 2018 to just 6 in 2022. Vandalism incidents peaked in 2019 but have since decreased significantly. There's also been a consistent but small presence of motor vehicle thefts and a generally low occurrence of fraud, burglary, and possession of stolen property. These trends could suggest a gradual improvement in property crime rates, important for potential investors, residents, and real estate professionals seeking to understand the safety landscape of the area.
Demographics
Washington County, Nebraska, shows a relatively balanced gender distribution with nearly equal numbers of male and female adults. Educational levels appear to vary, with a significant proportion of residents having at least a high school diploma and many achieving higher education degrees, which may suggest a strong emphasis on education in the community. Age distribution reveals a diverse range of age groups, indicating a mix of young families, working-age adults, and elder residents, which... Read more
Race Distribution in Washington County, Nebraska (2022)
Educational Attainment in Washington County, Nebraska (2022)
Age Distribution in Washington County, Nebraska
Citizen Population in Washington County, Nebraska (2022)
Political Trends & Data
Washington County, Nebraska, has shown a significant preference for the Republican Party, capturing nearly 69% of the vote in the 2020 U.S. Presidential Election, compared to around 29% for the Democratic Party. Libertarians only garnered a bit over 2%, with negligible support for other parties. This Republican tilt could speak volumes about the local political climate and potentially influence local real estate trends, as political leaning sometimes correlates with community preferences,... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Washington County, Nebraska, the 2020 U.S. Presidential Election showed a notable preference for the Republican Party, capturing around 69% of the vote, while the Democratic Party received approximately 29%. The Libertarian Party secured a small share with just over 2%, and there was no significant support for the Green or other parties. This voting pattern may suggest a strong Republican inclination in this area, though further analysis could provide more insights into local political dynamics.
69.15% of voters voted for the Republican party in the 2020 Presidential Election
28.63% of voters voted for the Democrat party in the 2020 Presidential Election
2.22% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Washington County, Nebraska's student-to-teacher ratios have hovered around 15 in recent years, just above the national average of 14. This stability may reflect levels of investment in local education, which can influence family settlement choices. For real estate agents, a gradual improvement in these ratios could signal a boost in school quality, potentially attracting more family-oriented buyers and impacting property... Read more
Student-to-teacher ratio in Washington County, Nebraska over the last 10 years
Washington County, Nebraska saw fluctuating student-to-teacher ratios over the past decade, peaking at 16 in 2020 before stabilizing to around 15 in recent years, slightly above the national average of 14 students per teacher. These dynamics might suggest varying investment levels in educational resources, which could impact family decisions on where to settle. For investors and real estate agents, a steady movement toward lower ratios might indicate improving school quality, usually seen as a positive metric for family-oriented buyers. On the flip side, insurance agents and appraisers may need to monitor these trends, as shifts could correlate with changes in community demographics and property values.
