De Soto Parish Real Estate and Livability Trends
In De Soto Parish, Louisiana, median home values have jumped from $98,400 in 2015 to $144,100 in 2022, trailing behind Louisiana and national trends, hinting at potential affordability. Average residential energy tax credits, peaking at $2,013.04 in 2021, might signal opportunities for energy-efficient upgrades. Real estate taxes per tax return nearly doubled over the past decade, hitting... Read more
De Soto Parish Market Trends
De Soto Parish's median home values rose from $98,400 in 2015 to $144,100 in 2022, still trailing behind Louisiana and national trends, suggesting potential affordability. The average residential energy tax credit per tax return peaked at $2013.04 in 2021, possibly indicating opportunities for energy-efficient home improvements. Real estate taxes per tax return almost doubled over the past... Read more
Median Value of Occupied Housing Units in De Soto Parish, Louisiana Over the Last 8 Years
De Soto Parish's median home values steadily rose from $98,400 in 2015 to $144,100 in 2022. While these increases are consistent, they still trail behind Louisiana's state median values as well as national trends, which saw median home values jump from $125,500 to $179,400. This could suggest relative affordability in De Soto Parish compared to broader markets, potentially making it an attractive option for both investors and homebuyers seeking value in Louisiana.
Residential Energy Tax Credit Per Tax Return in De Soto Parish, LA Over the Last 9 Years
De Soto Parish, Louisiana has seen fluctuations in the average residential energy tax credit per tax return over the past nine years. Notably, in 2021 it peaked at $2013.04. This trend could be indicative of various investment opportunities and incentives for energy-efficient home improvements, which can be of significant interest to investors, real estate agents, builders, and homeowners looking to optimize long-term savings and property value. The patterns suggest a growing focus on energy efficiency, possibly reflecting broader economic or policy-driven changes.
Average Real Estate Taxes Per Tax Return in De Soto Parish, LA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in De Soto Parish, Louisiana have generally trended upwards, with notable increases in recent years. In 2012, the average was around $1140.56, but by 2020 and 2021, averages had jumped to $2306.00 and $2225.53, respectively. This significant rise could potentially influence investment attractiveness, property appraisals, and overall living costs in the region. Such trends might be of particular interest to investors, real estate agents, and those considering building or buying property in De Soto Parish.
Percentage of Farm Returns in De Soto Parish, LA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in De Soto Parish, Louisiana has shown only subtle fluctuations, hovering around 8.5%. Starting at 8.23% in 2012, the peak reached 9.03% in 2014, then steadily declined to 7.43% by 2020, recovering slightly to 7.54% in 2021. Farm tax returns represent the portion of tax filings directly from agricultural activities, offering insight into the economic health and investment opportunities within the farming sector. This trendline suggests relative stability with slight downward pressures in recent years, potentially signaling changing dynamics for those interested in the local agriculture economy.
Number of Mortgages by Occupancy Type in De Soto Parish, LA Over the Last 5 Years in De Soto Parish
De Soto Parish, Louisiana has seen fluctuations in mortgage numbers over the past five years. Principal residences have experienced significant annual changes, peaking in 2021 with 1,711 mortgages, which suggests possible market volatility or external economic influences. Investment properties and second residences have remained relatively stable but show a subtle decline in recent years. Understanding these trends is crucial for potential investors, real estate agents, and insurance agents as shifts in the type of occupancy can indicate evolving demographic and economic conditions. For instance, a steady climb in principal residence mortgages could signal growing local desirability and stability, while a rise in investment property mortgages could indicate a hotspot for rental markets. These insights can guide decisions on buying, selling, or developing property in the area.
Economic Outlook
In De Soto Parish, Louisiana, average taxable income per tax return has notably risen from $50,981.24 in 2013 to $64,445.61 in 2021, highlighting potential economic improvements or higher earning opportunities. Meanwhile, average state and local income taxes per tax return saw a dramatic rise from $4,038.89 in 2017 to $8,084.29 in 2021, likely reflecting evolving economic conditions or policy changes. Despite fluctuations in total tax liability, the upward trend peaking at $10,877.90 in 2021... Read more
Average Taxable Income per Tax Return in De Soto Parish, LA over the last 9 years
Average taxable income per tax return in De Soto Parish, Louisiana, has shown overall growth over the last nine years, with some fluctuations. Starting around $50,981.24 in 2013, it dipped slightly and saw a significant peak in 2021 at $64,445.61. Notable increases were especially evident from 2017 onwards, underscoring potential economic improvements or higher earning opportunities. This trend could indicate a growing and potentially more prosperous community, which might be of particular interest to those considering property investments, career moves, or financial planning within the parish.
Average State and Local Income Taxes Per Tax Return in De Soto Parish, LA Over the Last 10 Years
The average state and local income taxes per tax return in De Soto Parish, Louisiana have shown notable volatility over the last decade. From a low of roughly $4,038.89 in 2017, there was a dramatic increase to around $8,084.29 by 2021. This sharp rise suggests evolving economic conditions or policy changes that could impact both current and future residents. Potential investors may find these trends relevant when forecasting financial responsibilities, while potential homeowners and developers might consider these fluctuations when planning long-term commitments in the area.
Average Total Tax Liability Per Tax Return in De Soto Parish, LA Over the Last 10 Years
De Soto Parish, Louisiana, has seen fluctuations in its average total tax liability per tax return over the past decade, but there's a notable upward trend in recent years. While the average dipped to $7,412.71 in 2016, it peaked at $10,877.90 in 2021. This volatility may indicate economic changes or shifts in income levels, making it an essential factor for prospective investors, movers, and property developers to consider when evaluating the financial climate of the area.
Cost of Living in De Soto Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $942 | $1,347 | $2,270 | $1,294 | $1,206 |
| 1 adult 4 children | $942 | $1,100 | $1,738 | $1,294 | $1,345 |
| 2 adults 3 children | $942 | $1,101 | $1,968 | $1,294 | $973 |
| 1 adult 3 children | $942 | $898 | $1,437 | $1,294 | $1,081 |
| 2 adults 2 children | $756 | $901 | $1,667 | $1,122 | $850 |
| 1 adult 2 children | $756 | $673 | $1,135 | $1,122 | $799 |
| 2 adults 1 child | $756 | $712 | $1,365 | $561 | $743 |
| 1 adult 1 child | $756 | $460 | $833 | $561 | $617 |
| 2 adults | $642 | $572 | $1,063 | $0 | $627 |
| 1 adult | $530 | $312 | $532 | $0 | $500 |
Safety trends & Data
Property crime in De Soto Parish, Louisiana, has generally declined over the past five years, with notable drops in burglary incidents from 24 in 2018 to just 4 by 2022, and larceny-theft from 69 to 29 in the same period. Motor vehicle thefts have similarly decreased from 10 cases in 2018 to 2 cases in 2022. Fluctuations in other crime types like vandalism may occur, but the overall trend suggests a potential reduction in property crimes, making the area possibly more attractive to investors,... Read more
Property Crime Trends in De Soto Parish, LA Over the Last 5 Years
Over the past five years, property crime in De Soto Parish, Louisiana, has generally trended downward. Notably, burglary incidents decreased from 24 in 2018 to just 4 by 2022. Similarly, incidents of larceny-theft dropped from 69 to 29 in the same period. Motor vehicle thefts have also shown a decline from 10 cases in 2018 to 2 cases in 2022. While some crime types like vandalism and receiving stolen property have seen fluctuations, the overall trend suggests a potential reduction in property crimes. This pattern could be appealing for investors, real estate agents, and potential new residents looking for a potentially safer community environment.
Demographics
De Soto Parish, Louisiana shows a slight female majority in its adult population, with females possibly outnumbering males by a small margin. Educational attainment reflects a substantial portion of the population achieving a high school diploma, though fewer pursue higher education. Age distribution skews towards older adults, particularly those aged 55-64, which may suggest a potentially aging demographic. Racially, the parish appears predominantly white with a significant African American... Read more
Race Distribution in De Soto Parish, Louisiana (2022)
Educational Attainment in De Soto Parish, Louisiana (2022)
Age Distribution in De Soto Parish, Louisiana
Citizen Population in De Soto Parish, Louisiana (2022)
Political Trends & Data
De Soto County, Louisiana displays a dominantly conservative political climate, with roughly 62% of votes in the 2020 U.S. Presidential Election going to the Republican party while Democrats garnered about 37%. Minor parties like the Libertarians barely made an impact, pulling in just around half a percent. This aligns with broader trends often seen in rural southern... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In De Soto County, Louisiana, the 2020 U.S. Presidential Election saw roughly 62% of votes going to the Republican party, compared to approximately 37% for Democrats. Minor parties like the Libertarians and various other groups barely registered on the radar, each scraping just around half a percent. This distribution can suggest a predominantly conservative leaning within the county, playing into wider trends often observed in rural southern regions.
61.83% of voters voted for the Republican party in the 2020 Presidential Election
37.03% of voters voted for the Democrat party in the 2020 Presidential Election
0.54% of voters voted for the Livertarian party in the 2020 Presidential Election
0.60% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in De Soto Parish, Louisiana has fluctuated between 13 and 19 students per teacher over the past decade, which is often higher than the national average. This variation could indicate larger class sizes and potentially limited individual attention, impacting educational quality and resource allocation. For those considering investments or residency in the area, these trends might influence property values and enrollment decisions, offering insights into community... Read more
Student-to-teacher ratio in De Soto Parish, Louisiana over the last 10 years
The student-to-teacher ratio in De Soto Parish, Louisiana has fluctuated over the past decade with values ranging from 13 to 19 students per teacher. Notably higher than the national average of 14 students per teacher, this could imply larger class sizes and potentially more limited individual attention for students in some years. For those looking to invest, move, build property in, or work in the education sector in this area, this trend might suggest variations in educational quality and resource allocation, influencing both property values and enrollment decisions. For real estate agents and insurance agents, understanding these trends provides an edge in advising clients on long-term community stability and the potential impact on property markets. This data might also interest potential residents prioritizing educational facilities for their children.
