Evangeline Parish Real Estate and Livability Trends
In Evangeline Parish, Louisiana, average taxable income per tax return has risen from $47,003.78 in 2013 to $51,450.81 in 2021, hinting at economic stability and attractiveness for investment. Median home values have grown from $83,900 in 2015 to $101,000 in 2022, yet still lag behind state averages, possibly appealing to budget-conscious investors. Real estate taxes jumped from $807.06 in 2012... Read more
Evangeline Parish Market Trends
Median home values in Evangeline Parish, Louisiana have risen from $83,900 in 2015 to $101,000 in 2022, marking modest growth compared to the state's increase from $144,100 to $198,300. The parish's lower price point might appeal to investors and new homeowners seeking value appreciation. Residential Energy Tax Credit values have shown considerable fluctuation, peaking at $2,638.89 in 2014 but... Read more
Median Value of Occupied Housing Units in Evangeline Parish, Louisiana Over the Last 8 Years
Median home values in Evangeline Parish, Louisiana have experienced a steady climb from $83,900 in 2015 to $101,000 in 2022, although the 2021 value saw a slight dip. This increase shows a consistent yet modest growth compared to Louisiana's median home values, which rose from $144,100 in 2015 to $198,300 in 2022. On a national level, the median value surged from $125,500 to $179,400 over the same period. Investors and prospective homeowners might be interested to note that while Evangeline Parish presents a lower entry point for home ownership compared to state and national averages, it still follows an upward trend, hinting at potential value appreciation.
Residential Energy Tax Credit Per Tax Return in Evangeline Parish, LA Over the Last 8 Years
Evangeline Parish, Louisiana has experienced notable fluctuations in average Residential Energy Tax Credit per tax return over the past eight years, peaking at $2,638.89 in 2014 and dropping significantly in 2016 and 2017 to around $775.00. Recent years show a less dramatic, yet inconsistent pattern, with values swinging from $1,066.67 in 2020 to $1,050.00 in 2021. These variations could influence investment decisions, particularly for those in property development or real estate, as energy efficiency initiatives and potential tax benefits might impact overall operating costs.
Average Real Estate Taxes Per Tax Return in Evangeline Parish, LA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Evangeline Parish, Louisiana have shown a notable increase, rising from $807.06 in 2012 to a high of $1,784.21 in 2019. While there was some fluctuation, the general trend points towards higher overall real estate taxes, which may suggest rising property values or shifts in tax policies. This is crucial for potential investors and real estate agents to consider, as higher taxes can impact property affordability and overall investment returns. For those moving to or living in the area, it's important to account for these increasing tax obligations.
Percentage of Farm Returns in Evangeline Parish, LA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Evangeline Parish, Louisiana has fluctuated slightly but generally remained within a similar range, hovering around 4.18% to 4.78%. Farm tax returns represent the portion of filed tax returns that signify farming as a significant source of income, indicating stable agricultural activity. For potential investors, homeowners, or those wanting to build property, these figures may suggest a somewhat consistent presence of farming in the area, reflecting a steady rural economic base that could impact local policies, community development, and real estate markets.
Number of Mortgages by Occupancy Type in Evangeline Parish, LA Over the Last 5 Years in Evangeline Parish
In Evangeline Parish, Louisiana, there's been an observable fluctuation in mortgage counts across varying occupancy types over the last five years. Investment Property mortgages saw a general decline, decreasing from 101 in 2018 to 81 in 2022, with small dips and rises in the intervening years. Principal Residence mortgages significantly increased, peaking at 990 in 2020, showing a high level of home-buying for primary living purposes. Second Residence mortgages remain the least common, with little variation and relatively low numbers throughout the period. Changes in occupancy type impact multiple facets of the real estate market. For investors, declining investment property mortgages might imply waning profitability or interest in rental markets. For potential homeowners, the rise in principal residence mortgages suggests a robust demand for long-term family housing, potentially signaling community growth or increased desirability of the area. Appraisers and insurance agents also benefit from understanding these trends to better assess risk and value accurately. Ultimately, shifts in occupancy types can deeply influence local economies, development strategies, and demographics.
Economic Outlook
Evangeline Parish, Louisiana has experienced a steady increase in average taxable income per tax return, rising from $47,003.78 in 2013 to $51,450.81 by 2021. This upward trend points to potential economic stability, making the area attractive for investment and development. Interestingly, average state and local income taxes have also surged, particularly since 2018, climbing from around $4,000 to $7,638.10 in 2021. This could imply intensified economic activity or recent changes in tax... Read more
Average Taxable Income per Tax Return in Evangeline Parish, LA over the last 9 years
Evangeline Parish, Louisiana has seen a generally upward trend in average taxable income per tax return over the past nine years. Starting at $47,003.78 in 2013, there were minor fluctuations but the figures rose to $51,450.81 by 2021. This steady growth suggests potential economic stability and could be appealing for those looking to invest, move, or develop property in the area. Prospective investors and real estate agents might find these trends indicative of a resilient local economy.
Average State and Local Income Taxes Per Tax Return in Evangeline Parish, LA Over the Last 10 Years
Over the past decade, Evangeline Parish, Louisiana has seen a notable uptick in average state and local income taxes per tax return, especially from 2018 onwards. After relatively stable figures between 2012 and 2017, hovering around the $4,000 range, there's a sharp increase starting in 2018 with averages jumping to over $6,800 and reaching $7,638.10 in 2021. This trend might suggest growing economic activity or changes in tax policy, potentially making this region more financially demanding for taxpayers but possibly indicative of improved local infrastructure or services. Investors and property developers should consider these factors when evaluating opportunities in Evangeline Parish.
Average Total Tax Liability Per Tax Return in Evangeline Parish, LA Over the Last 10 Years
Evangeline Parish, Louisiana has shown a fluctuating pattern in average total tax liability per tax return over the past decade, ranging from $6,877.93 to $7,445.20. These changes might suggest underlying economic shifts and possibly real estate market adjustments, providing insights for investors, appraisers, and insurance agents assessing financial stability and growth potential in the area. This variability holds significance for prospective homeowners and real estate agents who must consider how tax liabilities can impact overall costs and affordability.
Cost of Living in Evangeline Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $933 | $1,391 | $2,272 | $986 | $1,072 |
| 1 adult 4 children | $933 | $1,136 | $1,741 | $986 | $1,153 |
| 2 adults 3 children | $933 | $1,137 | $1,969 | $986 | $834 |
| 1 adult 3 children | $933 | $928 | $1,438 | $986 | $887 |
| 2 adults 2 children | $740 | $931 | $1,667 | $855 | $742 |
| 1 adult 2 children | $740 | $695 | $1,136 | $855 | $665 |
| 2 adults 1 child | $740 | $735 | $1,364 | $427 | $686 |
| 1 adult 1 child | $740 | $475 | $833 | $427 | $556 |
| 2 adults | $592 | $591 | $1,062 | $0 | $595 |
| 1 adult | $567 | $322 | $531 | $0 | $503 |
Safety trends & Data
Property crimes in Evangeline Parish, Louisiana have generally declined over the past four years, with notable decreases in incidents of larceny-theft, dropping from 75.0 to 15.0 reported cases between 2018 and 2020. Interestingly, 2022 data show new categories like arson and fraud, though still at low numbers. For investors and appraisers, these trends could suggest a more secure environment, potentially boosting property values and positively affecting insurance... Read more
Property Crime Trends in Evangeline Parish, LA Over the Last 4 Years
Property crimes in Evangeline Parish, Louisiana have generally declined over the past four years, with notable decreases in incidents of larceny-theft and motor vehicle theft. From 2018 to 2020, larceny-theft dropped from 75.0 to 15.0 reported cases, suggesting potential improvements in safety or enforcement. Interestingly, 2022 data show diversification in crime types, including new categories like arson and fraud, albeit at low numbers. For investors, appraisers, and those eyeing real estate, these trends might imply a more secure environment now compared to a few years ago, impacting property values and insurance rates positively.
Demographics
Evangeline Parish, Louisiana exhibits a nearly balanced gender distribution with the adult population split almost equally between male and female. Educational attainment shows a significant segment with only a high school diploma or some college but no degree, while a smaller proportion has pursued higher education. Age-wise, a notable portion of the population falls within the 35 to 64 age range, indicating a potentially stable workforce with a mix of life stages. Racially, the parish is... Read more
Race Distribution in Evangeline Parish, Louisiana (2022)
Educational Attainment in Evangeline Parish, Louisiana (2022)
Age Distribution in Evangeline Parish, Louisiana
Citizen Population in Evangeline Parish, Louisiana (2022)
Political Trends & Data
Evangeline County, Louisiana's political landscape in the 2020 U.S. Presidential Election leaned heavily towards the Republican party, capturing about 72% of the vote. The Democrats managed around 27%, and minor parties collectively received under 2%. This strong Republican dominance might impact future elections, policymaking, and community priorities in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Evangeline County, Louisiana saw a strong leaning towards the Republican party in the 2020 U.S. Presidential Election, with approximately 72% of the votes. The Democratic party garnered around 27%, while minor parties like the Libertarians and others collectively received less than 2%. This suggests a significant Republican dominance in this region, which could have implications for future local and national elections, policymaking, and community priorities.
71.72% of voters voted for the Republican party in the 2020 Presidential Election
26.98% of voters voted for the Democrat party in the 2020 Presidential Election
0.62% of voters voted for the Livertarian party in the 2020 Presidential Election
0.68% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, the student-to-teacher ratio in Evangeline Parish, Louisiana has fluctuated, beginning around sixteen in 2014, dipping to approximately fourteen in 2016, and peaking slightly above nineteen from 2019 to 2020. These shifts have implications for potential real estate investors and movers, as lower ratios often correlate with more individualized attention in classrooms, potentially boosting educational quality. With ratios typically exceeding the national average of fourteen... Read more
Student-to-teacher ratio in Evangeline Parish, Louisiana over the last 10 years
Over the past decade, the student-to-teacher ratio in Evangeline Parish, Louisiana has shown noticeable fluctuations, starting at nearly sixteen in 2014, dropping to about fourteen in 2016, and peaking at just over nineteen from 2019 to 2020. This ratio has a significant impact on those considering investing in or moving to the area, as lower ratios can indicate more personalized attention in classrooms, potentially enhancing educational quality. For appraisers and insurance agents, understanding these trends can guide property valuations and risk assessments. With the ratio generally above the national average of fourteen students per teacher, stakeholders might see this as a factor influencing the local education system's capacity and resource allocation.
