Concordia Parish Real Estate and Livability Trends
Concordia Parish, Louisiana, has experienced a rise in median home values from $77,400 in 2015 to $94,600 by 2022, suggesting a potentially undervalued market. The parish has also seen a spike in residential energy tax credits in 2015 to $1,562.50, showing a strong interest in energy-efficient upgrades. Real estate taxes increased to $2,853.33 by 2021, potentially affecting affordability.... Read more
Concordia Parish Market Trends
Concordia Parish, Louisiana has seen notable upward trends in median home values from $77,400 in 2015 to $94,600 by 2022, hinting at a growing, potentially undervalued market compared to state and national levels. Residential energy tax credits per tax return spiked significantly in 2015 to $1,562.50, reflecting an interest in energy-efficient home upgrades. Real estate taxes have risen... Read more
Median Value of Occupied Housing Units in Concordia Parish, Louisiana Over the Last 8 Years
The median home values in Concordia Parish, Louisiana have shown an interesting trend over the past eight years, reflecting a generally upward trajectory with some fluctuations. Starting at $77,400 in 2015, it reached $94,600 by 2022. This local rise is nuanced when compared to the state and national levels: Louisiana saw a boost from $144,100 to $198,300, while the U.S. median jumped from $125,500 to $179,400. Although Concordia Parish’s median home values are notably lower, the percentage increase seen is compelling for those considering investment, as it hints at a growing, potentially undervalued market vis-à-vis state and national trends.
Residential Energy Tax Credit Per Tax Return in Concordia Parish, LA Over the Last 8 Years
Concordia Parish, Louisiana has experienced fluctuating values in residential energy tax credits per tax return over the past eight years. Notably, there was a significant spike in 2015 where the average jumped to $1562.50, indicating an unusual increase in energy-efficient upgrades or investments. More recently, from 2019 to 2021, the credits have seen a generally upward trend, reaching $700.00 in 2021. This could potentially reflect a growing local focus on renewable energy or energy-efficient home improvements, signaling opportunities for real estate agents, appraisers, and builders to cater to eco-conscious buyers and investors.
Average Real Estate Taxes Per Tax Return in Concordia Parish, LA Over the Last 10 Years
Real estate taxes in Concordia Parish, Louisiana have shown a notable upward trend over the past decade. Starting at around $1,243.42 in 2012, average taxes saw a series of fluctuations with significant jumps, particularly after 2017, reaching approximately $2,853.33 by 2021. This increasing tax pattern could impact housing affordability and investment strategies, affecting decisions for potential homebuyers, real estate agents, and property developers alike. Additionally, such trends might influence appraisors and insurance agents evaluating the area's property values and associated risks.
Percentage of Farm Returns in Concordia Parish, LA Over the Last 10 Years
Concordia Parish, Louisiana has seen fairly stable farm tax returns over the past decade, with percentages hovering around 3.56% to 4.15%. Notable was 2018, which marked a peak at approximately 4.15%. Farm tax returns in this context reflect the volume of tax documents filed related to farming activities, which can be a valuable indicator of the agricultural sector's health and activity. For investors, developers, or new residents, these trends suggest a relatively steady agricultural presence, potentially offering opportunities within the local economy.
Number of Mortgages by Occupancy Type in Concordia Parish, LA Over the Last 5 Years in Concordia Parish
In Concordia Parish, Louisiana, there has been a noticeable increase in the number of mortgages for principal residences, peaking at 573 in 2021 from 318 in 2019. Investment properties and second residences have also seen growth but at a slower rate. Changes in occupancy type can guide investors and builders by indicating demand shifts. Increased principal residence mortgages might signal a growing local market, while stable or rising investment and second residence numbers hint at broader economic confidence and potential for rental income or vacation properties. Understanding these trends can help insurance agents, appraisers, and real estate professionals tailor their services to current market conditions.
Economic Outlook
Concordia Parish, Louisiana has seen an upward trend in average taxable income per tax return, peaking at $48,849.57 in 2021, despite intermittent dips like in 2016. This indicates potential economic resilience, attracting real estate interest. However, rising state and local income taxes—climbing to $7,788.89 in 2021—could suggest increased cost of living pressures. Additionally, fluctuations in total tax liability, which peaked at $7,856.90 in 2013 and slightly rebounded to $7,040.72 in... Read more
Average Taxable Income per Tax Return in Concordia Parish, LA over the last 9 years
Concordia Parish, Louisiana has seen some fluctuations in average taxable income per tax return over the past nine years, with a noticeable dip in 2016 and a peak in 2021 at $48,849.57. The trend suggests a general resilience and potential growth, which could be attractive for various stakeholders such as investors and real estate agents considering the area for future opportunities. Although there are occasional drops, the overall upward trajectory might imply economic fortitude, making it a potentially promising location for new developments or relocations.
Average State and Local Income Taxes Per Tax Return in Concordia Parish, LA Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Concordia Parish, Louisiana have shown notable fluctuations. After initially rising from $4,434.95 in 2012 to $4,826.42 in 2013, the rate experienced a dip and then a steady climb, peaking at $7,788.89 in 2021. This trend might suggest increasing tax burdens, possibly reflecting economic changes or policy adjustments within the parish. Investors and potential residents should consider these trends, as they may impact disposable income and the overall cost of living in the area.
Average Total Tax Liability Per Tax Return in Concordia Parish, LA Over the Last 10 Years
Over the past decade in Concordia Parish, Louisiana, the average total tax liability per tax return has shown notable fluctuations. Peak tax liabilities were recorded in 2013 at $7,856.90, and while there's been a general downward trend since then, with a low of $6,669.67 in 2020, recent data indicates a slight rebound to $7,040.72 in 2021. This could suggest varying economic conditions impacting taxpayers and may be an important consideration for potential investors or residents analyzing financial commitments in the area.
Cost of Living in Concordia Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $990 | $1,319 | $2,335 | $951 | $1,074 |
| 1 adult 4 children | $990 | $1,077 | $1,790 | $951 | $1,157 |
| 2 adults 3 children | $990 | $1,078 | $2,024 | $951 | $838 |
| 1 adult 3 children | $990 | $880 | $1,479 | $951 | $892 |
| 2 adults 2 children | $740 | $882 | $1,713 | $828 | $729 |
| 1 adult 2 children | $740 | $659 | $1,168 | $828 | $646 |
| 2 adults 1 child | $740 | $697 | $1,402 | $427 | $680 |
| 1 adult 1 child | $740 | $450 | $856 | $427 | $549 |
| 2 adults | $655 | $560 | $1,090 | $0 | $608 |
| 1 adult | $567 | $305 | $545 | $0 | $495 |
Safety trends & Data
Property crime in Concordia Parish, Louisiana showed marked fluctuations over five years. While 2018 and 2019 had higher incidents, with larceny-theft reaching 89 and 95 cases respectively, there was a significant drop to just 14 cases by 2021. Burglary rates also fell from 46 cases in 2018 to 11 in 2021, before increasing slightly to 27 cases in 2022. Motor vehicle thefts and vandalism incidents stayed relatively stable with minor changes year-to-year. This data might be useful for potential... Read more
Property Crime Trends in Concordia Parish, LA Over the Last 5 Years
Property crime in Concordia Parish, Louisiana has seen notable fluctuations over the past five years. While 2018 and 2019 recorded higher incidents with larceny-theft seeing 89.0 and 95.0 cases respectively, there was a significant decline by 2021, with only 14.0 reported cases. Burglary also showed a clear downward trend, dropping from 46.0 cases in 2018 to just 11.0 in 2021, before a slight uptick to 27.0 in 2022. Meanwhile, motor vehicle thefts and vandalism incidents remained relatively stable, with minor changes year-on-year. These trends could be informative for potential investors, real estate agents, and residents assessing the area's security climate.
Demographics
Concordia Parish, Louisiana showcases a fairly balanced adult gender distribution, with slightly more females than males. The parish's educational attainment indicates a majority have completed high school, and a notable segment has pursued some form of college education. Age-wise, there's a substantial representation across all age groups, but those under 10 years and individuals aged 55 to 64 years have slightly higher proportions. Racially, the population is predominantly White, followed by... Read more
Race Distribution in Concordia Parish, Louisiana (2022)
Educational Attainment in Concordia Parish, Louisiana (2022)
Age Distribution in Concordia Parish, Louisiana
Citizen Population in Concordia Parish, Louisiana (2022)
Political Trends & Data
Concordia County in Louisiana leaned heavily towards the Republican party in the 2020 Presidential Election, likely securing about 63% of the votes. Democrats might have captured around 36%, reflecting a discernible, though less influential, presence. Minor parties, including Libertarians, contributed a minimal share, indicating limited impact beyond the two major parties in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Concordia County in Louisiana saw a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with the party possibly securing around 63% of the votes. Democrats appeared to have garnered close to 36%, indicating a notable but less dominant presence. Minor parties, including Libertarians and others, made up a small fraction of the total, perhaps suggesting limited impact outside the two dominant parties in this region.
62.87% of voters voted for the Republican party in the 2020 Presidential Election
35.99% of voters voted for the Democrat party in the 2020 Presidential Election
0.72% of voters voted for the Livertarian party in the 2020 Presidential Election
0.42% of voters voted for the Other party in the 2020 Presidential Election
School Data
Concordia Parish, Louisiana, has seen its student-to-teacher ratio fluctuate over the last decade, from nearly 14 students per teacher in 2014, dipping to 10 in 2016, and climbing back to just over 15 in 2018. Recently, it has stabilized around the national average of 14. These shifts may reflect changes in funding, classroom sizes, and educational quality, crucial factors for families considering relocation or for real estate investors assessing property values. Such trends could help real... Read more
Student-to-teacher ratio in Concordia Parish, Louisiana over the last 10 years
Concordia Parish, Louisiana, has shown significant fluctuations in its student-to-teacher ratio over the last decade, starting with nearly 14 students per teacher in 2014 and hitting a low of 10 in 2016 before reaching just over 15 in 2018. Recently, the ratio has stabilized around 14, aligning closely with the national average of 14 students per teacher. These changes could indicate varying levels of funding, classroom sizes, and educational quality, which might be critical for families considering moving to the area or investors evaluating the local education system's impact on property values. Real estate agents and developers might find these trends useful in predicting the future demand for family-oriented housing and educational facilities.
