Land Market Insights and Pricing in Morrill County, Nebraska

Morrill County, Nebraska, offers a picturesque landscape of rolling hills and plains, punctuated by prominent buttes and mesas. The North Platte River flows through the southern part, providing vital water resources and irrigation opportunities for agricultural lands. With a vast area of 1,430 square miles and an incredibly low population density of just 4 people per square mile, Morrill presents ample space for land development or conservation. The iconic Chimney Rock, a 325-foot-tall formation, stands as a testament to the area's natural beauty and historical significance. While agriculture dominates the local economy, the presence of Crescent Lake National Wildlife Refuge adds ecological value. Potential land buyers should note the county's property tax rate of 1.3%, which exceeds the national average. Despite this, Morrill's affordable median home price of $112,000 and low unemployment rate of 4.1% make it an attractive option for those seeking rural Nebraska acreage.