Land Market Insights and Pricing in Banner County, Nebraska

Banner County, Nebraska, offers a diverse landscape for land buyers, featuring rolling plains, elevated ridges, and small mountain ranges in the northeast. The Pumpkin Creek valley covers 40% of the area, while the Wildcat Hills escarpment dominates the northwest. With 60% devoted to agriculture, primarily winter wheat and rangeland, Banner presents opportunities for farming and grazing. The county's low population density appeals to those seeking rural solitude. However, potential buyers should note the 1.51% effective property tax rate, higher than the national average. Banner's economy is heavily agriculture-based, with 35.6% of employment in this sector. Despite challenges like groundwater depletion in the Pumpkin Creek basin, the county's oil potential, particularly in the Niobrara shale formation, has sparked interest. Highway 71 and 88 provide key access points, connecting Harrisburg, the county seat, to surrounding areas.