Cameron Parish Real Estate and Livability Trends
Cameron Parish, Louisiana is seeing intriguing trends in its real estate market. Median home values nearly doubled from $97,400 in 2015 to $177,600 in 2022, suggesting an emerging market with solid investment potential. The average taxable income per tax return saw a steady rise, reaching $77,150.00 by 2021, perhaps indicating economic stability. However, average total tax liabilities and... Read more
Cameron Parish Market Trends
The median home values in Cameron Parish, Louisiana have soared from $97,400 in 2015 to $177,600 by 2022, outpacing both state and national growth rates. This sharp appreciation could signal an emerging market with strong investment potential. Meanwhile, the average residential energy tax credits per tax return have been highly volatile, peaking at $1,500.00 in 2015 but dropping to $333.33 by... Read more
Median Value of Occupied Housing Units in Cameron Parish, Louisiana Over the Last 8 Years
The median home values in Cameron Parish, Louisiana have seen an impressive upward trajectory over the past eight years, starting at $97,400 in 2015 and skyrocketing to $177,600 by 2022. These figures suggest a more rapid growth rate compared to both Louisiana and national averages, where the state increased from $144,100 to $198,300 and the national level went from $125,500 to $179,400 over the same period. For investors, prospective homeowners, and developers, this trend signals a possibly emerging market with strong appreciation potential in Cameron Parish.
Residential Energy Tax Credit Per Tax Return in Cameron Parish, LA Over the Last 3 Years
In Cameron Parish, Louisiana, over the past three years, the average residential energy tax credit per tax return has fluctuated significantly. The amount notably surged to $1,500.00 in 2015, a striking increase from $266.67 in 2013. However, this spike was not sustained, with the credit dropping to $333.33 by 2016. These variations might reflect changing energy policies, investment levels in energy-efficient home improvements, or economic conditions affecting residents' ability to utilize such credits. Potential investors, insurers, and real estate professionals should consider these trends as they may influence housing market dynamics and the financial attractiveness of property developments in the area.
Average Real Estate Taxes Per Tax Return in Cameron Parish, LA Over the Last 10 Years
Over the past decade, Cameron Parish, Louisiana has seen a fluctuating trend in average real estate taxes per tax return. Although there was a notable increase between 2016 and 2019, peaking at $2,557.14 in 2019, these taxes have since declined, ending at $1,550.00 in 2021. Such volatility could imply a range of influencing factors, possibly including changes in property values, assessment methods, or local economic conditions, making it essential for investors, developers, real estate agents, and residents to stay updated on these dynamics when making financial or property-related decisions in the area.
Percentage of Farm Returns in Cameron Parish, LA Over the Last 10 Years
In Cameron Parish, Louisiana, the percentage of farm tax returns over the last decade has hovered around 9.00% to 9.84%, with slight fluctuations each year. This relatively stable trend suggests that agriculture has consistently been a small but notable part of the local economy. Farm tax returns are crucial indicators of the agricultural sector's health, reflecting the profitability and economic activity of farming within the parish. Investors or individuals looking to move to Cameron Parish might infer that while farming remains a viable occupation, it doesn't dominate the local economy, leaving room for diverse economic opportunities.
Number of Mortgages by Occupancy Type in Cameron Parish, LA Over the Last 5 Years in Cameron Parish
Over the past five years, Cameron Parish, Louisiana has observed distinct patterns in mortgage counts based on occupancy type. While principal residences consistently dominate the market, there is a modest but notable presence of second residences and investment properties. For potential investors, fluctuations in investment property mortgages might hint at varying levels of interest and economic confidence in the area, which could impact rental yields. Those looking to move or build homes might find the steady demand for principal residences indicative of stable, long-term community growth. Appraisers and insurance agents can leverage these trends to assess property values and risk profiles more accurately.
Economic Outlook
In Cameron Parish, Louisiana, the real estate market might be influenced by an upward trend in average taxable income per tax return, which rose from approximately $63,051.80 in 2013 to around $77,150.00 by 2021. This gradual increase could indicate economic stability and potential for growth. Meanwhile, average state and local income taxes have fluctuated, peaking at $10,025.00 in 2021, suggesting changes in economic activity or tax policies. Additionally, average total tax liabilities per tax... Read more
Average Taxable Income per Tax Return in Cameron Parish, LA over the last 9 years
The average taxable income per tax return in Cameron Parish, Louisiana has shown a fluctuating yet generally upward trend over the past nine years, starting at approximately $63,051.80 in 2013 and reaching around $77,150.00 by 2021. This suggests a gradual increase in economic stability and potential growth opportunities within the parish. For investors and real estate agents, these figures might signal a positive long-term economic outlook. Appraisers and insurance agents might consider these trends when assessing property values and risk factors, while those considering moving to or currently living in Cameron Parish might find the data indicative of favorable economic conditions.
Average State and Local Income Taxes Per Tax Return in Cameron Parish, LA Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Cameron Parish, Louisiana have seen significant fluctuations, peaking at $10,025.00 in 2021. The upward trend since 2018 may indicate increasing economic activity or policy changes impacting tax liabilities. Investors and potential residents might find this pattern relevant for financial planning and future projections. Notably, the sharp increase in 2018 to $9,866.67 suggests a period of notable economic growth.
Average Total Tax Liability Per Tax Return in Cameron Parish, LA Over the Last 10 Years
Over the past decade, Cameron Parish, Louisiana has seen fluctuations in its average total tax liability per tax return, ranging from $11,118.55 in 2017 to a peak of $14,124.08 in 2014. Notable dips occurred in 2015 and 2016, and gradual increases have been observed in recent years, culminating at $13,029.67 for 2021. This variability might suggest economic shifts impacting residents' incomes or tax policies affecting liabilities, which could influence investment decisions, property development, or the general financial climate for current and potential residents.
Cost of Living in Cameron Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,235 | $1,428 | $2,290 | $1,566 | $1,545 |
| 1 adult 4 children | $1,235 | $1,166 | $1,754 | $1,566 | $1,714 |
| 2 adults 3 children | $1,235 | $1,166 | $1,986 | $1,566 | $1,285 |
| 1 adult 3 children | $1,235 | $952 | $1,450 | $1,566 | $1,417 |
| 2 adults 2 children | $983 | $955 | $1,681 | $1,356 | $1,020 |
| 1 adult 2 children | $983 | $713 | $1,145 | $1,356 | $1,073 |
| 2 adults 1 child | $983 | $755 | $1,377 | $672 | $895 |
| 1 adult 1 child | $983 | $487 | $841 | $672 | $775 |
| 2 adults | $767 | $606 | $1,072 | $0 | $712 |
| 1 adult | $756 | $331 | $536 | $0 | $612 |
Demographics
Cameron Parish, Louisiana, shows a slight male majority in its adult population. High school graduates form the largest group regarding educational attainment, though a notable segment has attended some college without earning a degree. The area's age distribution leans towards middle-aged adults, specifically those between 35 and 44 years old. Racially, the parish is overwhelmingly White, with minimal representation from other racial groups. This demographic mix can influence local policy and... Read more
Race Distribution in Cameron Parish, Louisiana (2022)
Educational Attainment in Cameron Parish, Louisiana (2022)
Age Distribution in Cameron Parish, Louisiana
Citizen Population in Cameron Parish, Louisiana (2022)
Political Trends & Data
Cameron County, Louisiana, showed a strong Republican leaning in the 2020 U.S. Presidential Election, with Republicans possibly securing over 90% of the vote. The Democratic party lagged with just over 8%, while minor parties like Libertarians and Others barely made a dent, collectively under 1%. These statistics may highlight regional political sentiments or local issues aligned closely with conservative values, providing a snapshot of voter priorities in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cameron County, Louisiana saw a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with Republicans potentially securing over 90% of the vote. The Democratic party trailed with just over 8%, while minor parties like the Libertarians and Others garnered less than 1% collectively. This overwhelming preference for Republican candidates may reflect broader regional political sentiments or specific local issues resonating strongly with conservative values. Such data may offer insights into the political landscape and voter priorities in Cameron County.
90.89% of voters voted for the Republican party in the 2020 Presidential Election
8.02% of voters voted for the Democrat party in the 2020 Presidential Election
0.57% of voters voted for the Livertarian party in the 2020 Presidential Election
0.52% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cameron Parish, Louisiana boasts a student-to-teacher ratio ranging between seven to ten students per teacher, significantly lower than the national average of 14. This could attract families seeking more individualized attention for their children and present a compelling selling point for real estate agents. For appraisers and insurance agents, the high-value educational environment may positively influence property valuations and risk assessments. Developers and investors might view these... Read more
Student-to-teacher ratio in Cameron Parish, Louisiana over the last 10 years
Cameron Parish, Louisiana has seen fluctuating student-to-teacher ratios over the past decade, with figures ranging between seven to ten students per teacher. This remains well below the national average of 14 students per teacher, suggesting smaller class sizes and potentially more individualized attention for students. Such ratios could be an attractive point for families considering relocation, as well as for real estate agents marketing the area. For appraisers and insurance agents, these trends might influence property valuations and risk assessments, given the potential appeal of high-value educational environments. Additionally, developers and investors might see these figures as a positive indicator of the area's focus on quality education, potentially driving demand for residential properties.
