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1 January 27, 20102010 Nebraska Profile 2010 NEBRASKA PROFILE Eighth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.

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Presentation on theme: "1 January 27, 20102010 Nebraska Profile 2010 NEBRASKA PROFILE Eighth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic."— Presentation transcript:

1 1 January 27, 20102010 Nebraska Profile 2010 NEBRASKA PROFILE Eighth 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

2 22010 Nebraska ProfileJanuary 27, 2010 Eight Regions and 93 Counties

3 32010 Nebraska ProfileJanuary 27, 2010 Demographics  Some people leaving Nebraska  Significant international migration

4 42010 Nebraska ProfileJanuary 27, 2010 Demographics  Population falling: < 20 years old  Population increasing: 20-24 and 55-64

5 52010 Nebraska ProfileJanuary 27, 2010 Demographics  North declining  South decreasing slowly  Urbanized counties growing faster

6 62010 Nebraska ProfileJanuary 27, 2010 Demographics  Census Bureau estimates by county

7 72010 Nebraska ProfileJanuary 27, 2010 Demographics  DMV data indicate modest growth

8 82010 Nebraska ProfileJanuary 27, 2010 Demographics  Positive change strong in working years

9 92010 Nebraska ProfileJanuary 27, 2010 Demographics  Positive change in all regions  Urban had largest increase

10 102010 Nebraska ProfileJanuary 27, 2010 Demographics  DMV data indicate people moved to Nebraska from Iowa, Colorado, Kansas and other states

11 112010 Nebraska ProfileJanuary 27, 2010 Demographics  PUMS data shows domestic migration decreased

12 122010 Nebraska ProfileJanuary 27, 2010 Demographics  PUMS data show people moved to Nebraska from California, Iowa, Missouri and other states

13 132010 Nebraska ProfileJanuary 27, 2010 Demographics  International migration down in 2007, up in 2008

14 142010 Nebraska ProfileJanuary 27, 2010 Economics  Nebraska business establishments growing

15 152010 Nebraska ProfileJanuary 27, 2010 Economics  Employment continues to rise

16 162010 Nebraska ProfileJanuary 27, 2010 Economics  High labor force participation rate

17 172010 Nebraska ProfileJanuary 27, 2010 Economics  State unemployment rates still below national rates

18 182010 Nebraska ProfileJanuary 27, 2010 Economics  Nebraska 2009 unemployment higher than 2008

19 192010 Nebraska ProfileJanuary 27, 2010 Economics  Unemployment highest in urban zone

20 202010 Nebraska ProfileJanuary 27, 2010 Economics  Earned income per job increased a little

21 212010 Nebraska ProfileJanuary 27, 2010 Economics  Industries with higher rates of pay

22 222010 Nebraska ProfileJanuary 27, 2010 Economics  Nebraska per capita income increased

23 232010 Nebraska ProfileJanuary 27, 2010 Economics  Nebraska poverty rates fell, national rates rose

24 242010 Nebraska ProfileJanuary 27, 2010 Housing  Housing production continues to fall

25 252010 Nebraska ProfileJanuary 27, 2010 Housing  Panic in the housing sector?

26 262010 Nebraska ProfileJanuary 27, 2010 Housing  Housing stock is still increasing statewide

27 272010 Nebraska ProfileJanuary 27, 2010 Housing  Average prices for single-family homes increased in all areas

28 282010 Nebraska ProfileJanuary 27, 2010 Housing  Prices by county from PAD

29 292010 Nebraska ProfileJanuary 27, 2010 Housing  Size of single-family homes sold rose

30 302010 Nebraska ProfileJanuary 27, 2010 Housing  Single-family market value per square foot increased

31 312010 Nebraska ProfileJanuary 27, 2010 Housing  Increased costs for newer homes

32 322010 Nebraska ProfileJanuary 27, 2010 Housing  Value of single-family construction rebounded

33 332010 Nebraska ProfileJanuary 27, 2010 Housing  Average home sale prices fell

34 342010 Nebraska ProfileJanuary 27, 2010 Housing  Housing price index fell only slightly

35 352010 Nebraska ProfileJanuary 27, 2010 Housing  Yearly survey of Nebraska rental properties

36 362010 Nebraska ProfileJanuary 27, 2010 Housing  Number of units captured each year

37 372010 Nebraska ProfileJanuary 27, 2010 Housing  Observed vacancy rates each year

38 382010 Nebraska ProfileJanuary 27, 2010 Housing  Observed vacancy rates each year

39 392010 Nebraska ProfileJanuary 27, 2010 Housing  Single-Family and Apartment Rents

40 402010 Nebraska ProfileJanuary 27, 2010 Housing  Degree of need for new construction  1 = no need; 5 = extreme need

41 412010 Nebraska ProfileJanuary 27, 2010 Housing  Degree of need for new construction

42 422010 Nebraska ProfileJanuary 27, 2010 Summary of Findings  Population declining in rural areas  Population growing in cities and east  Nebraska unemployment moderate  Nebraska employment still growing slowly  Income slowly rising  Single-family production continues falling

43 432010 Nebraska ProfileJanuary 27, 2010 Summary of Findings  Rental vacancy rates are drifting up  Homeowner prices soft/drifting down  Housing markets more fragmented  Successful market niches narrower and geographically dispersed  Effective actions need good plans

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