Dorchester Times: Hey, Nebraskans! You're Richer Than You Think

Friday, August 12, 2016

Hey, Nebraskans! You're Richer Than You Think

Recently, we received an e-mail alerting us to a new study that should make all of us Nebraskans feel a little better -- at least financially.

A think tank in Washington, DC, called the Tax Foundation recently released a map showing the real value of $100 in each state. The Foundation considered purchasing power using data from the Consumer Price Index, which serves as a measure of inflation.

As reported by The New York Times, North Dakota emerged as the state where per-capita incomes have the most purchasing power, but Nebraska wasn't far behind.

North Dakota's "real per-capita personal income" is roughly $56,000. Nebraska came in at No. 6 out of 51, with a real per-capita personal income of $48,000.

The states where incomes fell shortest were Utah, New Mexico, Arizona, Idaho and Hawaii, all of them home to real per-capita personal incomes of $36,000.

In its blog, the Tax Foundation noted, "Adjusting incomes for price level can substantially change our perceptions of which states are truly poor or rich. For example, Nebraskans and Californians earn approximately the same amount in dollars per capita, but after adjusting for regional price parity, Nebraskan incomes can buy more."

What's more is the Foundation analyzed p urchasing power within the states, themselves. It concluded that "cities are almost uniformly more expensive than rural areas due to the higher price of land."

Here in Saline County and other parts of rural Nebraska, your $100 bill is essentially worth $116.30, according to the Foundation. While in Denver, that $100 is only worth $95. In Miami or Chicago, it's only worth $94. And in New York City, it's only worth about $80.

While these may not seem like huge differences, they are when you consider the effect on $50,000 or $100,000.

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Dorchester: A Good Little Family Town

Dorchester, Nebraska (est. population 630) is located in northern Saline county. Close in proximity to Interstate 80, Dorchester is only 25 minutes from the state capital of Lincoln (est. population 250,000) and about 55 minutes from Omaha (metro population 725,000).

Dorchester's median resident age is 37 years. In 2005, Dorchester had a median family income of approximately $35,600. The median house value was about $63,000. About 95 percent of Dorchester residents commute to work via Interstate and highways.

The village has a quality public school, which received a $4.1 million expansion and modernization in 2008; it offers a small classrooms and individualized attention. Total enrollment of grades K-12 is around 230-250 students.

Ancestries of the Dorchester area are primarily German (42.4%), Czech (24.9%), Irish (12.5%), English (5.4%), and Dutch (4.9%).

Dorchester Historical Facts

* On July 4, 1871, the railroad reached Dorchester.
* Incorporated in 1881, Dorchester's population grew from 200 to 500 by 1882.
* In 1882, Dorchester had 90 buildings, 35 of which were businesses or public facilities. Brick buildings lined both sides of Washington Avenue for two blocks.
* Dorchester's longest-running newspaper was The Dorchester Star, which was published until the late 1940s.
* By 1889, Dorchester's population is said to have reached 800, while the town housed an opera house, a two-story brick schoolhouse with a bell tower, and four churches.
* By the 1910s, Dorchester had electricity, a water tower and a fire department.
* Dorchester's main arteries, Highways 6 and 33, were graveled in the 1940s.
* Dorchester's first irrigation well was drilled on Chris Weber's farm and rural electrification was finished following WWII.

A Village with History

Dorchester is one of the "alphabet towns" on the Burlington & Missouri River Railroad line built west from Lincoln. The town site was selected for its pleasant location in the northern part of Saline County, about eight miles west of Crete. This situation is an attractive one, being on the level prairie land, midway between the West Blue River and Turkey Creek. The first named stream is three miles north, and the latter about the same distance south from the town. Dorchester was platted in 1870 and incorporated in 1881. The name "Dorchester" came from either for a suburb of Boston by that name or a town in England. No one is sure. Two of the very first settlers were James Seely and Edward McIntyre, who both made Dorchester their permanent home.

Dorchester: In The Beginning

Here is a look at Dorchester around 1890, less than a decade after its official incorporation, as documented by Andreas' History of the State of Nebraska:
* POPULATION: "About 300, and is made up of a substantial and progressive class of citizens, who are moral and industrious. ... The town grew but very little until the year 1879, for the reason that Pleasant Hill, on Turkey Creek, a short distance south, was the county seat and naturally drew a trade for quite a large scope of country."
* BUSINESS: "The business and professional interests of the town are represented by three general merchandise stores, two drug, one grocery, one furniture, two hardware, and two millinery stores, one bank, two restaurants, two hotels, three livery stables, a post office, one newspaper office, two elevators, two lumber yards, two coal yards, two blacksmith shops, two lawyers and four physicians."
* SCHOOL: "The schoolhouse is a good one. The schoolhouse was built in 1872, since which time the public schools have been continually kept up. The present schoolhouse is 24' x 40' in size, two stories high. The school is graded and consists of three departments. The house is found too small, and arrangements will soon be made to increase its size."
* CHURCHES: "There are three substantial churches."
* HOMES: "The residence portion of the village is made up of neat houses of different styles of architecture, but none of them very large."
* NEWSPAPER: "The Dorchester Star, which was established August 21, 1881, by H. C. Bittenbender, who edited it until January 19, 1882, when he sold it to Ryerson & Bullock, the present proprietors. The Star is a bright weekly paper, five-column quarto, in size, and is Republican in politics."