Ascension Parish Real Estate and Livability Trends
In Ascension Parish, Louisiana, median home values rose sharply from $168,600 in 2015 to $255,600 in 2022, outpacing both state and national trends, likely attracting real estate investors. The increase in taxable income, reaching $80,406.67 in 2021, suggests growing purchasing power, potentially boosting property demand. However, rising state and local income taxes, now at $7,461.95, hint at... Read more
Ascension Parish Market Trends
Ascension Parish, Louisiana has shown an impressive increase in median home values, climbing from $168,600 in 2015 to $255,600 in 2022, outpacing both state and national growth rates. Energy tax credits have seen notable highs, particularly $2,634.38 in 2018, indicating periods of heightened interest in energy-efficient home upgrades. Average real estate taxes have also surged, from $1,623.83 in... Read more
Median Value of Occupied Housing Units in Ascension Parish, Louisiana Over the Last 8 Years
Over the past eight years, Ascension Parish, Louisiana has shown a dynamic increase in median home values from $168,600 in 2015 to $255,600 in 2022. This rising trajectory outpaced both the state and national averages, where Louisiana moved from $144,100 to $198,300 and the United States from $125,500 to $179,400 during the same period. This suggests that Ascension Parish could be an attractive option for investors or those looking to capitalize on an upward trend in property values relative to the broader market.
Residential Energy Tax Credit Per Tax Return in Ascension Parish, LA Over the Last 9 Years
Over the past nine years in Ascension Parish, Louisiana, the average residential energy tax credit per tax return has shown significant fluctuations. Noteworthy highs include $2,634.38 in 2018 and $1,487.36 in 2015, suggesting periods of increased investment in energy-efficient home improvements. Such trends could appeal to investors and real estate agents eyeing growth in eco-friendly housing, while insurance agents might consider these behaviors when assessing policy premiums. Builders and future residents looking to prioritize energy efficiency will find the varying credits informative for potential cost savings.
Average Real Estate Taxes Per Tax Return in Ascension Parish, LA Over the Last 10 Years
Over the past decade, Ascension Parish in Louisiana has experienced a notable increase in average real estate taxes per tax return, climbing from approximately $1,623.83 in 2012 to around $2,792.13 by 2021. The most substantial jumps occurred post-2017, which could imply rising property values or increased municipal funding needs. This trend may be significant for potential investors and those looking to relocate, as higher property taxes often correlate with enhanced local services and infrastructure. Real estate agents and insurers should be aware of this ongoing increase when advising clients and setting rates.
Percentage of Farm Returns in Ascension Parish, LA Over the Last 10 Years
Over the past decade, farm tax returns in Ascension Parish, Louisiana have shown a slight but noticeable downward trend, starting from 0.70% in 2012 and dropping to around 0.61% by 2020, with minimal fluctuations. Farm tax returns indicate the percentage of tax filings in the parish that are related to farming income. This trend matters for potential investors or those looking to move to the area, as it may hint at a decline in agricultural activity and revenue, which can impact land values and local economy.
Number of Mortgages by Occupancy Type in Ascension Parish, LA Over the Last 5 Years in Ascension Parish
Ascension Parish, Louisiana has seen fluctuations in the number of mortgages over the past five years, with principal residences consistently making up the majority. Investment property mortgages show variability but remain significant, hinting at a robust rental market. Second residences, while smaller in number, also indicate a potential for vacation or secondary home interest. These trends can provide valuable insights for investors assessing rental property potential, appraisers determining property values, or new residents gauging market dynamics. Understanding changes in occupancy types helps insurance agents evaluate risk, and builders and real estate agents to tailor their strategies accordingly.
Economic Outlook
Over the past decade, Ascension Parish, Louisiana has seen an upward trend in taxable income, reaching $80,406.67 in 2021, despite minor dips in certain years. The rising income may entice real estate investors, as it often correlates with increased property values and demand. Concurrently, state and local income taxes have also risen to $7,461.95, indicating potential growth in local government spending and economic development. The average total tax liability has shown volatility, but the... Read more
Average Taxable Income per Tax Return in Ascension Parish, LA over the last 9 years
The taxable income per tax return in Ascension Parish, Louisiana has generally seen an upward trend over the last nine years, starting at approximately $68,914.77 in 2013 and peaking at around $80,406.67 in 2021. Despite a minor dip in 2017 and a more notable decrease in 2020, the overall growth suggests a resilient and potentially lucrative area for investment. This trend could be appealing to real estate agents, potential homeowners, and investors looking for areas with a rising economic trajectory, as increasing incomes might correlate with heightened property values and demand.
Average State and Local Income Taxes Per Tax Return in Ascension Parish, LA Over the Last 10 Years
Over the past decade, Ascension Parish in Louisiana has seen a noticeable increase in average state and local income taxes per tax return, with figures rising from around $4,453.56 in 2012 to approximately $7,461.95 in 2021. This upward trend highlights a potential increase in local government spending and economic growth, which could impact property investments, the cost of living, and overall financial planning for residents and newcomers alike. The substantial jump between 2017 and 2019, especially, could signal significant changes in policy or economic conditions worth investigating for those considering financial commitments or relocation to the area.
Average Total Tax Liability Per Tax Return in Ascension Parish, LA Over the Last 10 Years
Over the past decade, Ascension Parish, Louisiana has exhibited volatile but generally upward trends in average total tax liability per tax return. Notable increases around 2013 and 2021, with tax burdens reaching $12,768.15 in 2021, suggest a volatile yet increasing taxation trend. Prospective investors or potential residents might anticipate varying financial obligations, indicating fluctuating economic conditions and potentially shifting fiscal policies in the area. Knowing this could be crucial for financial planning and long-term commitments in Ascension Parish.
Cost of Living in Ascension Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,391 | $1,436 | $2,216 | $1,561 | $1,532 |
| 1 adult 4 children | $1,391 | $1,172 | $1,697 | $1,561 | $1,705 |
| 2 adults 3 children | $1,391 | $1,173 | $1,922 | $1,561 | $1,280 |
| 1 adult 3 children | $1,391 | $958 | $1,402 | $1,561 | $1,447 |
| 2 adults 2 children | $1,104 | $960 | $1,627 | $1,352 | $1,029 |
| 1 adult 2 children | $1,104 | $717 | $1,108 | $1,352 | $1,092 |
| 2 adults 1 child | $1,104 | $759 | $1,333 | $673 | $909 |
| 1 adult 1 child | $1,104 | $490 | $814 | $673 | $777 |
| 2 adults | $962 | $610 | $1,039 | $0 | $739 |
| 1 adult | $944 | $332 | $519 | $0 | $640 |
Safety trends & Data
Over the past five years, Ascension Parish, Louisiana, has shown varying property crime rates, especially with larceny-theft spiking to 789 cases in 2020. Burglary has had its highs in 2018 and 2022, while motor vehicle theft remains low and consistent. Crimes like embezzlement, fraud, and forgery appear sporadically. These trends might indicate evolving crime patterns, essential for prospective investors, real estate agents, and residents evaluating property risk and... Read more
Property Crime Trends in Ascension Parish, LA Over the Last 5 Years
Over the past five years, Ascension Parish, Louisiana, has displayed fluctuating property crime rates. Larceny-theft consistently dominates, with a noticeable spike in 2020 at 789 cases, indicative of potential opportunistic crimes. Burglary sees variability, peaking in 2018 and 2022, while motor vehicle theft remains relatively low and stable. Crimes such as embezzlement, fraud, and forgery occur sporadically but do not exhibit significant trends. This data could signal evolving crime patterns, important for prospective investors, real estate agents, and residents assessing property risk and safety.
Demographics
Ascension Parish, Louisiana, showcases a balanced gender split with a slight female majority. The population skews younger, with considerable numbers in the under 10 and 25-44 age brackets. Educational attainment indicates a significant portion of residents holding high school diplomas or some college experience, but fewer achieving bachelor's or higher degrees. Racially, the community is predominantly White, followed by a notable Black or African American population, with minimal... Read more
Race Distribution in Ascension Parish, Louisiana (2022)
Educational Attainment in Ascension Parish, Louisiana (2022)
Age Distribution in Ascension Parish, Louisiana
Citizen Population in Ascension Parish, Louisiana (2022)
Political Trends & Data
In Ascension Parish, Louisiana, the real estate market could potentially reflect the area's strong conservative base, as evidenced by the approximately 65% of votes for Republican candidates in the 2020 U.S. Presidential Election. With Democrats securing around 33% of the votes, there's still a significant segment of the population with varying political views. This demographic diversity might influence housing preferences and neighborhood dynamics, potentially making it a varied market in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ascension Parish in Louisiana leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 65% of the votes. Democrats secured around 33%, while Libertarians and other parties captured a minimal share. This suggests a strong conservative base, though there is still a notable segment of Democratic support.
65.28% of voters voted for the Republican party in the 2020 Presidential Election
32.73% of voters voted for the Democrat party in the 2020 Presidential Election
1.31% of voters voted for the Livertarian party in the 2020 Presidential Election
0.68% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Ascension Parish, Louisiana has fluctuated, peaking at 17 in 2020 before settling at 15 in 2023, consistently above the U.S. national average of 14. This could impact perceptions of education quality, classroom management, and individual student attention, potentially deterring families from moving to the area and affecting housing demand. However, it might also create investment opportunities to improve local educational infrastructure, which real estate agents,... Read more
Student-to-teacher ratio in Ascension Parish, Louisiana over the last 10 years
The student-to-teacher ratio in Ascension Parish, Louisiana has shown various fluctuations over the last decade, starting at 15 students per teacher in 2014 and rising to a peak of 17 in 2020 before moderating slightly to 15 in 2023. This trend puts Ascension Parish consistently above the U.S. national average of 14 students per teacher, which can impact views on the quality of education, classroom management, and individual student attention. Higher ratios may deter some families from moving to the area while potentially lowering housing demand. Conversely, it might create investment opportunities to enhance local educational infrastructure. Real estate agents, investors, and insurance agents should closely monitor these trends to make informed decisions and better advise their clients on the benefits and drawbacks of the local education system.
