Claiborne Parish Real Estate and Livability Trends
Claiborne Parish, Louisiana, presents a varied economic landscape, with average taxable incomes fluctuating between $42,718.43 in 2020 and $49,979.96 in 2021, implying both economic challenges and opportunities for investors. Median home values have experienced modest changes, rising from $73,700 in 2015 to $79,100 in 2022, suggesting a potential affordability advantage. Energy tax credits peaked... Read more
Claiborne Parish Market Trends
Claiborne Parish, Louisiana's median home values have seen slight fluctuations over the past eight years, from $73,700 in 2015 to $79,100 in 2022, suggesting potential affordability compared to state and national increases. The area also offers notable energy tax credit benefits, peaking near $1,580.00 in 2019, potentially enhancing the appeal of energy-efficient homes. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Claiborne Parish, Louisiana Over the Last 8 Years
Claiborne Parish, Louisiana's median home values have experienced modest fluctuations over the past eight years, starting at $73,700 in 2015 and peaking at $79,100 in 2022. This local trend contrasts with Louisiana's state-wide increase from $144,100 to $198,300, and a national surge from $125,500 to $179,400 over the same period. For potential buyers, this could imply opportunities for more affordable investments compared to state and national averages.
Residential Energy Tax Credit Per Tax Return in Claiborne Parish, LA Over the Last 9 Years
Investing in Claiborne Parish, Louisiana, could offer significant energy tax credit benefits, with fluctuations over the past nine years ranging from a low of approximately $513.33 in 2013 to heights nearing $1,580.00 in 2019. These variations might indicate evolving incentives and local policies that encourage energy-efficient improvements. Appraisers and real estate agents should account for these credits when assessing property values, as they enhance the attractiveness of owning residential properties in the area. Insurers and potential buyers may also find interest in these trends, as higher tax credits may suggest increased investments in energy-efficient updates.
Average Real Estate Taxes Per Tax Return in Claiborne Parish, LA Over the Last 10 Years
The average real estate taxes per tax return in Claiborne Parish, Louisiana have shown noticeable fluctuations over the past decade. Starting at approximately $964.18 in 2012, there was a steady increase with a notable peak in 2018 at $1409.09. Though there was a slight decrease following this peak, values have stabilized around the $1300 mark by 2021. This upward trend, despite minor dips, suggests a gradually increasing burden on property owners, making it crucial for those investing, appraising, or insuring properties to monitor these shifts closely.
Percentage of Farm Returns in Claiborne Parish, LA Over the Last 10 Years
In Claiborne Parish, Louisiana, the percentage of farm tax returns over the last decade shows a mild overall increase from 4.22% in 2012 to 4.51% in 2021, reaching a peak of 5.14% in 2017. Farm tax returns reflect the financial activity and prevalence of farming as an economic activity in the region. For those considering investment or property development in Claiborne Parish, this data may suggest a relatively stable agricultural sector with slight fluctuations, indicating economic steadiness during this period. This trend could appeal to investors or residents interested in the agricultural potential and consistent revenue streams from farming.
Number of Mortgages by Occupancy Type in Claiborne Parish, LA Over the Last 5 Years in Claiborne Parish
Over the last five years in Claiborne Parish, Louisiana, mortgages for principal residences have consistently dominated, with peaks in 2020 and 2021 reaching over 440 counts. Investment properties have shown a slight decline, from 38 in 2020 to 27 in 2022. Second residences have remained relatively stable, with minor fluctuations. Changes in occupancy type can signal varying levels of economic confidence and housing market conditions—key information for investors, appraisers, and real estate agents. Potential homeowners and builders would do well to consider these trends, as they could indicate the health of the housing market and future demand for different types of properties.
Economic Outlook
Claiborne Parish, Louisiana, has shown fluctuating trends in average taxable income per tax return, with a notable high of $49,979.96 in 2021 and a dip to $42,718.43 in 2020. This economic inconsistency might suggest both challenges and opportunities for investors and real estate professionals eyeing the area. Average state and local income taxes also saw a significant rise between 2017 and 2019, jumping from $3,869.88 to $5,670.37, potentially due to increased local economic activities or... Read more
Average Taxable Income per Tax Return in Claiborne Parish, LA over the last 9 years
Claiborne Parish, Louisiana, has shown fluctuating trends in average taxable income per tax return over the past nine years. From a high of $49,979.96 in 2021 to a low of $42,718.43 in 2020, the area has experienced significant variability. Interestingly, the average income dipped notably in 2016 and 2020 but has generally been on a slight upward trend, suggesting a resilient yet inconsistent economic environment. This data may indicate opportunities amid volatility, potentially appealing to investors, real estate agents, and financial professionals considering the region for growth or development.
Average State and Local Income Taxes Per Tax Return in Claiborne Parish, LA Over the Last 10 Years
Over the last decade, Claiborne Parish, Louisiana has seen fluctuating trends in average state and local income taxes per tax return. Notably, there was a significant uptick in tax amounts from 2017 to 2019, where the average jumped from $3,869.88 to $5,670.37. This sharp rise may suggest heightened local economic activities or adjustments in tax laws. Those considering investing or relocating should be aware of these increases as they could impact overall living expenses and financial planning strategies.
Average Total Tax Liability Per Tax Return in Claiborne Parish, LA Over the Last 10 Years
Over the past decade, Claiborne Parish, Louisiana, has experienced notable fluctuations in average total tax liability per tax return. Starting at $7,505.51 in 2012 and peaking at $8,198.61 in 2013, liabilities have generally declined, most recently falling to $6,637.43 in 2021. This downward trend may imply a shift in economic conditions, potentially affecting investment decisions and living costs for current and prospective residents.
Cost of Living in Claiborne Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $909 | $1,367 | $2,233 | $1,109 | $1,101 |
| 1 adult 4 children | $909 | $1,117 | $1,711 | $1,109 | $1,192 |
| 2 adults 3 children | $909 | $1,117 | $1,936 | $1,109 | $856 |
| 1 adult 3 children | $909 | $912 | $1,414 | $1,109 | $929 |
| 2 adults 2 children | $747 | $914 | $1,638 | $961 | $771 |
| 1 adult 2 children | $747 | $683 | $1,116 | $961 | $708 |
| 2 adults 1 child | $747 | $723 | $1,341 | $481 | $702 |
| 1 adult 1 child | $747 | $467 | $819 | $481 | $573 |
| 2 adults | $567 | $581 | $1,044 | $0 | $586 |
| 1 adult | $564 | $317 | $522 | $0 | $499 |
Safety trends & Data
Property crime in Claiborne Parish, Louisiana, has seen its ups and downs over the past five years, with larceny-theft spiking at 15.00 incidents in 2022 and fraud peaking at 13.00 cases in 2019 before dropping off. These crime trends could impact real estate values, insurance rates, and safety perceptions, possibly influencing property development and investment... Read more
Property Crime Trends in Claiborne Parish, LA Over the Last 5 Years
Property crime trends in Claiborne Parish, Louisiana, over the past five years reveal fluctuations in specific types of crimes. Burglary and larceny-theft saw peaks and valleys, with larceny-theft notably spiking to 15.00 incidents in 2022. Fraud witnessed a high of 13.00 cases in 2019 but significantly decreased in subsequent years. Both vandalism and stolen property crimes remained relatively low but consistent. These trends could have implications for real estate values, insurance rates, and general perceptions of safety in the area. Adjustments in property development plans and investment strategies might be considered to address the varying crime dynamics.
Demographics
Claiborne Parish, Louisiana shows a diverse set of demographic trends. The adult population skews slightly male, with 6,354 males compared to 5,143 females. Educational attainment reveals a significant portion holding a high school diploma or equivalent, but fewer residents possess higher education degrees. The age distribution indicates a strong presence of middle-aged and older populations, especially those between 35 to 74 years. Racially, the parish is nearly evenly split between White and... Read more
Race Distribution in Claiborne Parish, Louisiana (2022)
Educational Attainment in Claiborne Parish, Louisiana (2022)
Age Distribution in Claiborne Parish, Louisiana
Citizen Population in Claiborne Parish, Louisiana (2022)
Political Trends & Data
In Claiborne County, Louisiana, the real estate market may be influenced by political inclinations, as the 2020 U.S. Presidential Election results suggest a potential preference for the Republican party with nearly 57% of the vote. This political leaning could impact zoning regulations, development projects, and even community priorities, affecting property values and investment opportunities. Democrats reportedly captured about 41%, and minor parties barely touched 2%, highlighting a... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Claiborne County, Louisiana, the Republican party potentially had a notable lead with nearly 57% of the vote share, while the Democrats might have garnered around 41%. Minor parties like the Libertarians and others appeared to have collectively captured less than 2% of the votes. This distribution could indicate a strong leaning towards Republican preferences in this region during the 2020 U.S. Presidential Election.
57.29% of voters voted for the Republican party in the 2020 Presidential Election
41.50% of voters voted for the Democrat party in the 2020 Presidential Election
0.44% of voters voted for the Livertarian party in the 2020 Presidential Election
0.76% of voters voted for the Other party in the 2020 Presidential Election
School Data
Claiborne Parish, Louisiana has seen its student-to-teacher ratio fluctuate significantly, reaching nearly 20 in 2018 and 2019 before declining to around 17 in 2023. This matters for investors and real estate agents as these changes might impact the perceived quality of education, with higher ratios potentially meaning larger class sizes. For families, a recent drop in the ratio could make the area more appealing, suggesting efforts to improve classroom environments and hire more teachers. For... Read more
Student-to-teacher ratio in Claiborne Parish, Louisiana over the last 10 years
Claiborne Parish, Louisiana has seen notable fluctuations in its student-to-teacher ratio over the past decade, with numbers peaking at almost 20 in 2018 and 2019, and then gradually declining to around 17 in 2023. For investors, real estate agents, and those considering a move to the area, understanding these changes matters because they can impact the perceived quality of education. Ratios higher than the national average of 14 students per teacher may indicate larger class sizes, which might affect individual student attention and overall classroom outcomes. However, the recent decline could suggest improvements or efforts to hire more teachers, a factor that could enhance the attractiveness of Claiborne Parish for families prioritizing education. For appraisers and insurance agents, these trends might reflect broader socioeconomic conditions, influencing property values and risk assessments.
