1 January 25, Nebraska Profile 2006 NEBRASKA PROFILE Fourth Edition  State, Nine Regions, and 93 Counties  Demographic Change in the State  Economic Influences at Work  Housing Statistics, Trends, & Forecast  Summary of Findings

22006 Nebraska ProfileJanuary 25, 2006 Nine Regions and 93 Counties

32006 Nebraska ProfileJanuary 25, 2006 Demographics:  Racial Minorities still growing quickly  Growth of Hispanics is strong as well

42006 Nebraska ProfileJanuary 25, 2006 Demographics:  Losing population < 20 years old  Seem to be gaining and 55-64

52006 Nebraska ProfileJanuary 25, 2006 Demographics:  North and South declining  Only urbanized counties growing: Urban = Douglas, Lancaster, and Sarpy

62006 Nebraska ProfileJanuary 25, 2006 Demographics:  Census Bureau estimates by county

72006 Nebraska ProfileJanuary 25, 2006 Demographics:  Fewer people leaving Nebraska  Significant international migration

82006 Nebraska ProfileJanuary 25, 2006 Demographics:  IRS net migration data for Nebraska

92006 Nebraska ProfileJanuary 25, 2006 Demographics:  IRS returns and exemptions for Nebraska

Nebraska ProfileJanuary 25, 2006 Demographics:  DMV data indicates otherwise

Nebraska ProfileJanuary 25, 2006 Demographics:  Positive change strong in working years

Nebraska ProfileJanuary 25, 2006 Demographics:  Positive change in South and Urban  Urban has most of increase

Nebraska ProfileJanuary 25, 2006 Demographics:  PUMS data shows domestic migration

Nebraska ProfileJanuary 25, 2006 Demographics:  PUMS data shows where people came from in 2004

Nebraska ProfileJanuary 25, 2006 Demographics:  PUMS data shows international declined over last couple of years, up in 2004

Nebraska ProfileJanuary 25, 2006 Economics:  Employment has expanded moderately

Nebraska ProfileJanuary 25, 2006 Economics:  Nebraska business establishments

Nebraska ProfileJanuary 25, 2006 Economics:  Nebraska vs U.S. unemployment rates

Nebraska ProfileJanuary 25, 2006 Economics:  Nebraska unemployment rates by Zone

Nebraska ProfileJanuary 25, 2006 Economics:  Income – earned income per job

Nebraska ProfileJanuary 25, 2006 Economics:  Industries with highest rates of pay  Farm earnings up 154% 02-03, 8.5% 04

Nebraska ProfileJanuary 25, 2006 Economics:  Per capita income keeps pace with U.S.

Nebraska ProfileJanuary 25, 2006 Economics:  Personal Bankruptcies continue upward

Nebraska ProfileJanuary 25, 2006 Economics:  Nebraska Poverty Rates

Nebraska ProfileJanuary 25, 2006 Housing:  Housing Production: SF and MF

Nebraska ProfileJanuary 25, 2006 Housing:  With pop down, housing is up everywhere

Nebraska ProfileJanuary 25, 2006 Housing:  Average prices for single-family homes

Nebraska ProfileJanuary 25, 2006 Housing:  Prices by County from PA&T

Nebraska ProfileJanuary 25, 2006 Housing:  Size and market values per square foot

Nebraska ProfileJanuary 25, 2006 Housing:  Value of Single Family Construction

Nebraska ProfileJanuary 25, 2006 Housing:  Nebraska Association of Realtors

Nebraska ProfileJanuary 25, 2006 Housing:  OFHEO – Housing Price Index

Nebraska ProfileJanuary 25, 2006 Housing:  Results from November 2005 survey  Statewide vacancy rate up from 5.9%

Nebraska ProfileJanuary 25, 2006 Housing:  Degree of need for new construction  1 = no need; 5 = extreme need

Nebraska ProfileJanuary 25, 2006 Housing:  Degree of need for new construction

Nebraska ProfileJanuary 25, 2006 Housing:  Asked for need for rehab as well  Extreme need occurring more frequently

Nebraska ProfileJanuary 25, 2006 Housing:  Sentiment is moderate need for rehab

Nebraska ProfileJanuary 25, 2006 Summary of Findings:  Population declines in rural areas  Pop growth in cities and east  Nebr. is more racially diverse  Nebr. employment grows modestly  Income rises  Homeownership continues rising

Nebraska ProfileJanuary 25, 2006 Summary of Findings:  SF housing production high  Homeowner prices rise everywhere  Problems persist for low-income persons  Emerging weakness in some rental markets

Nebraska ProfileJanuary 25, 2006 Summary of Findings:  Changing characteristics and attributes of market present opportunities to realign housing resources - urban/rural Upgrades and preservation Lot production New construction in selected markets