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2011 NEBRASKA PROFILE Ninth Edition

State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes Demographic Change in the State Economic Influences at Work Housing Statistics and Trends Summary of Findings. 2011 NEBRASKA PROFILE Ninth Edition. Eight Regions and 93 Counties. Some people leaving Nebraska?

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2011 NEBRASKA PROFILE Ninth Edition

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  1. State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes Demographic Change in the State Economic Influences at Work Housing Statistics and Trends Summary of Findings 2011 NEBRASKA PROFILENinth Edition 2011 Nebraska Profile

  2. Eight Regions and 93 Counties 2011 Nebraska Profile

  3. Some people leaving Nebraska? • Significant migration Demographics 2011 Nebraska Profile

  4. 1910 – 2010 Decennial Census Demographics 2011 Nebraska Profile

  5. Demographics • Population falling: 35-54 years old? • Population increasing: 20-24 and 55-64? 2011 Nebraska Profile

  6. Demographics • North declining? • South decreasing too, more slowly? • Urbanized counties growing fastest? 2011 Nebraska Profile

  7. Demographics • Census Bureau estimates by county 2011 Nebraska Profile

  8. Department of Motor Vehicle (DMV) data indicate modest growth Demographics 2011 Nebraska Profile

  9. Positive change strong in working years Demographics 2011 Nebraska Profile

  10. Demographics • Positive change in all regions • Urban had largest increase 2011 Nebraska Profile

  11. Net Exchanged Licenses 2001 – 6/2010 Demographics 2011 Nebraska Profile

  12. Demographics • DMV data indicate people moved to Nebraska from Iowa, Colorado, Kansas and other states 2011 Nebraska Profile

  13. Nebraska business establishments Economics 2011 Nebraska Profile

  14. Employment growth softened in 2009 Economics 2011 Nebraska Profile

  15. High labor force participation rate Economics 2011 Nebraska Profile

  16. State unemployment rates still below national rates Economics 2011 Nebraska Profile

  17. Nebraska 2010 unemployment edging lower Economics 2011 Nebraska Profile

  18. Annual Unemployment Rate & Employment Economics State of Nebraska: 2000 – 2009 2011 Nebraska Profile

  19. Monthly Unemployment Rate & Employment Economics State of Nebraska: 2010 2011 Nebraska Profile

  20. Real earned income per job Economics 2011 Nebraska Profile

  21. Nebraska per capita income at parity Economics 2011 Nebraska Profile

  22. Housing production continued to fall Housing 2011 Nebraska Profile

  23. Regional housing production also fell Housing 2011 Nebraska Profile

  24. Housing construction values softened Housing 2011 Nebraska Profile

  25. Housing stock increased statewide Housing 2011 Nebraska Profile

  26. Housing • Average prices for single-family homes slipped a little through fiscal 2009 * Nebraska Department of Revenue: Property Assessment Division 2011 Nebraska Profile

  27. Prices by county from PAD Housing 2011 Nebraska Profile

  28. Size of single-family homes sold rose Housing 2011 Nebraska Profile

  29. Single-family market value per square foot increased Housing 2011 Nebraska Profile

  30. Increased costs for newer homes Housing 2011 Nebraska Profile

  31. Nebraska Association of Realtors Housing 2011 Nebraska Profile

  32. Average home sale prices recovering? Housing 2011 Nebraska Profile

  33. Housing price index stable Housing 2011 Nebraska Profile

  34. Yearly survey of Nebraska rental properties Housing 2011 Nebraska Profile

  35. Number of units captured each year Housing 2011 Nebraska Profile

  36. Units captured per completed survey Housing 2011 Nebraska Profile

  37. Number of units captured each year Housing 2011 Nebraska Profile

  38. Observed vacancy rates each year Housing 2011 Nebraska Profile

  39. Observed vacancy rates each year Housing 2011 Nebraska Profile

  40. Housing • Results from fall 2010 survey • Statewide vacancy rate down 2011 Nebraska Profile

  41. Single Family and Apartment Rents Housing 2011 Nebraska Profile

  42. Apartment Rents by Bedrooms Housing 2011 Nebraska Profile

  43. Summary of Findings • Population declining in rural areas • Population growing in cities and east • Nebraska unemployment very moderate • Single-family production has stopped falling, but MF fell nearly 64% between 2008 and 2009 2011 Nebraska Profile

  44. Summary of Findings • Rental vacancy rates are dropping again • Homeowner prices beginning recovery • Housing production markets have insufficient production • Demand for rentals on the rise, including market rate rentals, particularly in urban areas of Nebraska 2011 Nebraska Profile

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