Bossier Parish Real Estate and Livability Trends
Bossier Parish, Louisiana has seen a notable increase in median home values, reaching $206,600 in 2022, surpassing both state and national medians. The area's housing market shows resilience, attracting investors for potential value appreciation. Energy tax credits in the parish have fluctuated significantly, reflecting potential changes in energy efficiency policies. Real estate taxes have... Read more
Bossier Parish Market Trends
Bossier Parish, Louisiana has shown stronger-than-average growth in median home values, reaching $206,600 in 2022, surpassing both state and national medians. The area's resilient housing market makes it attractive for investors seeking value appreciation. Energy tax credits in the parish have fluctuated significantly, peaking at $1,873.68 in 2018, reflecting potential shifts in energy efficiency... Read more
Median Value of Occupied Housing Units in Bossier Parish, Louisiana Over the Last 8 Years
Bossier Parish, Louisiana has experienced a consistent upward trend in median home values over the last eight years, reaching $206,600 in 2022. This growth trajectory outpaces both state and national averages, with Louisiana's median sitting at $198,300 and the national median at $179,400 for the same year. The parish's housing market appears particularly resilient, making it a compelling area for potential investors and homebuyers seeking robust property value appreciation.
Residential Energy Tax Credit Per Tax Return in Bossier Parish, LA Over the Last 9 Years
In Bossier Parish, Louisiana, the average residential energy tax credit per tax return has exhibited notable fluctuations over the past nine years. A significant spike to $1,873.68 occurred in 2018, while other peak years included 2014 and 2017, both exceeding $1,200.00. These variations may reflect changes in energy efficiency initiatives or policy adjustments, impacting investment decisions and property valuations. This trend is crucial for potential investors, appraisers, insurance agents, and real estate professionals as it may indicate both the community's adoption of energy-efficient practices and potential changes in related incentives.
Average Real Estate Taxes Per Tax Return in Bossier Parish, LA Over the Last 10 Years
Over the past decade, real estate taxes in Bossier Parish, Louisiana have shown a significant upward trend, starting at approximately $1,830.01 in 2012 and reaching around $3,560.95 by 2021. This steady increase may suggest growing property values and possibly a higher demand for real estate, appealing to investors and homebuyers. At the same time, the rise in taxes could be seen as a concern for current homeowners and appraisers, indicating higher future costs. Real estate agents and insurance agents should be aware of these trends to better advise their clients on long-term commitments in the area.
Percentage of Farm Returns in Bossier Parish, LA Over the Last 10 Years
Bossier Parish, Louisiana has seen relatively stable farm returns over the last decade, generally hovering around 1.20% to 1.37%. There was a slight dip to 1.22% in 2020, possibly influenced by the pandemic, but this rebounded to 1.26% by 2021. Farm tax returns indicate the proportion of tax filings attributable to farm-related income. This information could be relevant to potential investors or those interested in the agricultural sector, suggesting a consistent albeit modest level of farming activity.
Number of Mortgages by Occupancy Type in Bossier Parish, LA Over the Last 5 Years in Bossier Parish
Over the past five years in Bossier Parish, Louisiana, mortgage counts have shown a consistent preference for principal residences, with numbers peaking in 2021 at 9879 and showcasing a gradual decline since then. Investment properties and second residences have maintained relatively lower levels, but show an interesting trend of slower decrease. Changes in occupancy types can be pivotal for investors, highlighting potential shifts in housing demand patterns. This trend analysis can also be insightful for appraisers, insurance agents, real estate developers, and those looking to move to or invest in the area, as it reflects underlying economic conditions and housing market dynamics.
Economic Outlook
Bossier Parish, Louisiana has seen an upward trend in average taxable income per tax return, climbing from around $55,012.25 in 2013 to roughly $69,835.17 in 2021, suggesting growing economic vitality in the region. Concurrently, average state and local income taxes per tax return have surged from about $4,146.62 in 2012 to approximately $8,545.92 in 2021. The fluctuations in total tax liability per tax return, peaking at $10,986.02 in 2021, and the poverty rate, which peaked at 18.4% in 2017... Read more
Average Taxable Income per Tax Return in Bossier Parish, LA over the last 9 years
Across the last nine years in Bossier Parish, Louisiana, the average taxable income per tax return has generally shown an upward trajectory. Starting at approximately $55,012.25 in 2013, there's a noticeable peak in 2021, reaching around $69,835.17. This trend may imply a growing economic vitality in the region, which could be beneficial for prospective investors and real estate agents. For appraisers and insurance agents, understanding these income trends could be crucial for accurate property valuation and risk assessment.
Average State and Local Income Taxes Per Tax Return in Bossier Parish, LA Over the Last 10 Years
Over the last decade, Bossier Parish, Louisiana has experienced a notable increase in average state and local income taxes per tax return, rising from around $4,146.62 in 2012 to approximately $8,545.92 in 2021. While the upward trend saw some fluctuations, there was a significant jump in 2018 with an increase to $7,063.81 from $4,841.54 in the previous year. This trend could influence decisions for potential investors or new residents considering the tax implications in the area.
Average Total Tax Liability Per Tax Return in Bossier Parish, LA Over the Last 10 Years
Bossier Parish, Louisiana, has seen fluctuations in average total tax liability per tax return over the past decade, with figures ranging from $8,343.74 to $10,986.02. Notably, there was a peak in 2021 with a substantial increase to $10,986.02 from the previous high in the series. While specific reasons for these variations aren't mentioned, those interested in the area's financial trends might consider the impact of local economic conditions, policy changes, and demographic shifts on these tax liabilities. This trend could suggest diverse factors influencing the economic climate of Bossier Parish and may be crucial for potential residents or investors to investigate further.
Cost of Living in Bossier Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,444 | $1,464 | $2,012 | $1,294 | $1,356 |
| 1 adult 4 children | $1,444 | $1,195 | $1,539 | $1,294 | $1,531 |
| 2 adults 3 children | $1,444 | $1,196 | $1,745 | $1,294 | $1,120 |
| 1 adult 3 children | $1,444 | $976 | $1,273 | $1,294 | $1,270 |
| 2 adults 2 children | $1,158 | $979 | $1,479 | $1,122 | $931 |
| 1 adult 2 children | $1,158 | $731 | $1,006 | $1,122 | $930 |
| 2 adults 1 child | $1,158 | $774 | $1,212 | $561 | $831 |
| 1 adult 1 child | $1,158 | $500 | $739 | $561 | $720 |
| 2 adults | $984 | $622 | $946 | $0 | $702 |
| 1 adult | $813 | $339 | $473 | $0 | $569 |
Safety trends & Data
In Bossier Parish, Louisiana, property crime trends suggest consistent challenges, with Larceny-Theft being the most prevalent, peaking at 943 incidents in 2020. Vandalism and Burglary also remain significant, with Burglary reaching 142 cases in 2021. While Arson incidents have been relatively low, they have seen a slight uptick, reaching 7 in 2022. These trends highlight ongoing property security concerns for potential investors and residents, as annual incidents average over one hundred for... Read more
Property Crime Trends in Bossier Parish, LA Over the Last 5 Years
Over the past five years in Bossier Parish, Louisiana, property crime trends show varied incidents with Larceny-Theft consistently being the most reported crime, peaking at 943 in 2020 but fluctuating with overall high numbers. Vandalism and Burglary also remain notable, reaching 142 for burglary in 2021. Categories like Arson and Embezzlement have much lower occurrences but still reflect a slight increase, particularly Arson which rose to 7 incidents in 2022. Despite some fluctuations, consistent patterns emerge, such as an average of over one hundred incidents yearly for most property crimes, signaling ongoing concerns for potential investors and residents regarding property security.
Demographics
Bossier Parish, Louisiana, shows a balanced adult population gender-wise with slightly more females than males. Education levels reveal a significant portion of the population has completed high school and some have pursued higher education, though fewer hold advanced degrees. The age distribution is relatively young, with a notable number of residents under 35. The racial composition is predominantly White, followed by Black or African American, with other racial groups forming a small... Read more
Race Distribution in Bossier Parish, Louisiana (2022)
Educational Attainment in Bossier Parish, Louisiana (2022)
Age Distribution in Bossier Parish, Louisiana
Citizen Population in Bossier Parish, Louisiana (2022)
Political Trends & Data
Bossier County, Louisiana, likely exhibits a strong conservative base, as evidenced by Republicans capturing nearly 70% of the vote in the 2020 U.S. Presidential Election. Democrats, on the other hand, received roughly 29%, with Libertarians and other parties together contributing less than 2%. This trend could potentially influence numerous facets of community dynamics, including local policies and market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bossier County in Louisiana saw Republicans potentially dominate the 2020 U.S. Presidential Election with just under 70% of the vote, while Democrats garnered around 29%. The Libertarian party, though present, barely registered at about 1%, and other parties collectively made up less than 1% of the vote. This strong lean towards the Republican party might suggest a deeply rooted conservative base in the area.
69.66% of voters voted for the Republican party in the 2020 Presidential Election
28.66% of voters voted for the Democrat party in the 2020 Presidential Election
1.16% of voters voted for the Livertarian party in the 2020 Presidential Election
0.53% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bossier Parish, Louisiana has seen its student-to-teacher ratio generally higher than the national average, peaking at nearly 45 students per teacher in 2016, hinting at potential anomalies. Recently stabilizing around 17 students per teacher, this trend might influence classroom dynamics, educational quality, and teacher workload. For real estate stakeholders, it could signal increased demand for educational infrastructure and impact future property... Read more
Student-to-teacher ratio in Bossier Parish, Louisiana over the last 10 years
Bossier Parish, Louisiana has seen its student-to-teacher ratio fluctuate over the past decade, generally trending higher than the national average of 14 students per teacher. Notable is the spike in 2016, reaching nearly 45 students per teacher, which could indicate an outlier or reporting anomaly. Over recent years, the ratio has stabilized around 17 students per teacher, slightly higher than national norms. This trend might affect classroom dynamics, impacting both the quality of education and possibly teacher workload, which could be a critical factor for families considering relocation, educational investments, or educators assessing the viability of job opportunities in the area. For real estate agents and investors, these numbers might suggest future demand for educational infrastructure and corresponding property values.
