Iberville Parish Real Estate and Livability Trends
Median home values in Iberville Parish, Louisiana, have risen from $112,700 in 2015 to $161,400 in 2022, though they still trail state and national averages. Real estate taxes are up from $1,247.06 in 2012 to $1,954.55 in 2021, either due to higher property values or increased tax rates. The area shows strong demand for primary housing, with principal residence mortgages dominating the market and... Read more
Iberville Parish Market Trends
In the last eight years, median home values in Iberville Parish, Louisiana, have jumped from $112,700 in 2015 to $161,400 in 2022, yet remain below both state and national figures. Average residential energy tax credits in the parish have fluctuated dramatically, peaking at $2,142.86 in 2018 and dipping as low as $550.00 in 2016, indicating a volatile but potentially lucrative landscape for... Read more
Median Value of Occupied Housing Units in Iberville Parish, Louisiana Over the Last 8 Years
Over the last eight years, median home values in Iberville Parish, Louisiana have seen a substantial increase, rising from $112,700 in 2015 to $161,400 in 2022. While this represents consistent growth, the median home value in Iberville Parish remains below both the state and national averages. As of 2022, Louisiana’s median home value sits at $198,300, while the national average has reached $179,400. Investors and homebuyers may find Iberville Parish appealing due to its relatively lower entry point and upward trend in property values.
Residential Energy Tax Credit Per Tax Return in Iberville Parish, LA Over the Last 9 Years
The average Residential Energy Tax Credit per tax return in Iberville Parish, Louisiana shows significant fluctuations over the past nine years. In 2013, the average stood at $561.90, peaked at $2142.86 in 2018, and saw notable decreases in years like 2016 where it dipped to $550.00. This trend is intriguing for potential investors, real estate agents, and property developers considering energy-efficient home improvements, indicating opportunities for leveraging tax benefits in the region's dynamic energy incentive landscape.
Average Real Estate Taxes Per Tax Return in Iberville Parish, LA Over the Last 10 Years
Average real estate taxes per tax return in Iberville Parish, Louisiana, have shown a notable upward trend over the last decade. From $1,247.06 in 2012 to $1,954.55 in 2021, there's been a gradual increase with a particularly sharp rise from 2016 onward. This pattern may imply growing property values or possibly increased tax rates, which could be critical for potential buyers, appraisers, and insurance agents to consider. Real estate agents and investors might find this trend indicative of a prosperous market, while current residents should be aware of the likely continued rise in tax obligations.
Percentage of Farm Returns in Iberville Parish, LA Over the Last 10 Years
Over the last decade, Iberville Parish, Louisiana has seen some fluctuations in farm tax return percentages, which hovered around 1%. For instance, 2012 started with approximately 1.16%, dipped to about 1.02% by 2014, then the highest percentage around 1.19% in 2016. By 2021, it settled close to 1.07%. Farm tax returns indicate the proportion of total tax returns that are filed by farms in the area. This metric provides insight into the agricultural activity and economic contribution of farming within the parish, relevant for prospective investors or those with interest in agricultural real estate and economic development.
Number of Mortgages by Occupancy Type in Iberville Parish, LA Over the Last 5 Years in Iberville Parish
In Iberville Parish, Louisiana, over the past five years, a distinct trend shows principal residence mortgages consistently dominating the market, while investment properties and second residences contribute only a fraction. This notable rise in principal residence mortgages, peaking particularly in 2021, signifies a strong demand for primary housing, potentially due to socioeconomic factors driving more people to buy homes where they live. For investors, appraisers, and real estate agents, these patterns can suggest shifts in local living preferences and economic conditions, helping guide decisions on property investment and valuations. Lower numbers for investment and second residence properties might indicate limited attractiveness for secondary homeownership or rental opportunities, which warrants careful consideration for those looking into market entry or expansion.
Economic Outlook
Iberville Parish, Louisiana has experienced notable fluctuations in average taxable income per tax return over the past nine years, hitting a peak of $63,845.95 in 2021. This trend suggests potential economic resilience among residents. Average state and local income taxes per tax return have also seen an upward trend, with a peak at $6,170.79 in 2021, indicating possible economic growth or changes in fiscal policy. Additionally, the average total tax liability per tax return has shown... Read more
Average Taxable Income per Tax Return in Iberville Parish, LA over the last 9 years
Over the last nine years, Iberville Parish, Louisiana has seen fluctuating trends in average taxable income per tax return, with a noticeable peak in 2021 at $63,845.95. Despite some dips, like in 2018 and 2020, the overall trajectory seems upward, which might suggest economic resilience or improved financial health among residents. For potential investors, real estate agents, or anyone considering relocating, this can be a promising indicator of fiscal stability and growth potential in the area.
Average State and Local Income Taxes Per Tax Return in Iberville Parish, LA Over the Last 10 Years
Over the past decade, Iberville Parish in Louisiana has seen a fluctuating but overall increasing trend in average state and local income taxes per tax return, peaking at $6170.79 in 2021. Noteworthy spikes in 2019 and 2021 suggest potential economic growth or policy changes affecting tax liabilities. This upward trajectory is worth noting for potential investors, homeowners, or anyone interested in the economic environment of the area. Understanding these tax trends could provide valuable insights into the financial landscape and fiscal policies shaping Iberville Parish.
Average Total Tax Liability Per Tax Return in Iberville Parish, LA Over the Last 10 Years
Average total tax liability per tax return in Iberville Parish, Louisiana, has shown notable fluctuations over the past decade, peaking at $10,623.88 in 2017 and hitting a low of $8,312.21 in 2012. The significant increases in 2016 and 2021 suggest economic changes or policy impacts that could be relevant for investors and appraisers analyzing the area's fiscal landscape. Understanding these shifts is crucial for those in real estate and insurance, as tax liabilities can influence property values and investment potential.
Cost of Living in Iberville Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,137 | $1,416 | $2,216 | $1,601 | $1,406 |
| 1 adult 4 children | $1,137 | $1,156 | $1,697 | $1,601 | $1,576 |
| 2 adults 3 children | $1,137 | $1,156 | $1,922 | $1,601 | $1,161 |
| 1 adult 3 children | $1,137 | $944 | $1,402 | $1,601 | $1,307 |
| 2 adults 2 children | $800 | $947 | $1,627 | $1,396 | $930 |
| 1 adult 2 children | $800 | $707 | $1,108 | $1,396 | $915 |
| 2 adults 1 child | $800 | $748 | $1,333 | $728 | $798 |
| 1 adult 1 child | $800 | $483 | $814 | $728 | $675 |
| 2 adults | $708 | $601 | $1,039 | $0 | $649 |
| 1 adult | $687 | $328 | $519 | $0 | $554 |
Safety trends & Data
Iberville Parish, Louisiana has seen fluctuating property crime rates over the past five years, with burglaries and larceny-theft cases peaking in 2018 and then generally declining. However, vandalism incidents experienced a notable spike in 2021. Despite remaining low, cases of forgery and counterfeiting have been relatively consistent. These trends may encourage investors and real estate professionals to scrutinize specific types of property crime closely before making decisions, helping... Read more
Property Crime Trends in Iberville Parish, LA Over the Last 5 Years
Iberville Parish, Louisiana has seen considerable fluctuation in property crime over the past five years. The number of burglaries and larceny-theft cases peaked in 2018 and have generally declined each subsequent year. Interestingly, vandalism incidents show varied results, with a notable spike in 2021. The cases of forgery and counterfeiting, while low, remained relatively consistent, suggesting a persistent issue. Investors and real estate professionals may interpret these variable trends as an indicator to scrutinize specific types of property crime in detail before making decisions. Understanding these nuances can guide appraisers, insurance agents, and potential residents in assessing property risk and community security.
Demographics
In Iberville Parish, Louisiana, there's a marginal gender balance with slightly more women than men. Educational attainment skews towards high school graduates and those with some college experience, hinting that higher education might be less prevalent. The age distribution suggests a mature population, with notable percentages in the 25-64 age brackets, indicating a potentially stable workforce. Racially, the parish is almost evenly split between White and Black or African American... Read more
Race Distribution in Iberville Parish, Louisiana (2022)
Educational Attainment in Iberville Parish, Louisiana (2022)
Age Distribution in Iberville Parish, Louisiana
Citizen Population in Iberville Parish, Louisiana (2022)
Political Trends & Data
In Iberville County, Louisiana, the 2020 U.S. Presidential Election revealed a closely contested political landscape, with the Democratic party securing approximately 51% of the vote and the Republican party close behind at around 47%. This slight edge for Democrats hints at potential volatility in future elections, making voter mobilization efforts and political shifts especially significant in this area. Minor parties, including Libertarians, had minimal impact, emphasizing the primary... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Iberville County, Louisiana, the 2020 U.S. Presidential Election saw a slight edge for the Democratic party, capturing an estimated 51% of the vote, while the Republican party trailed closely with roughly 47%. Minor parties, including the Libertarian party, garnered a negligible portion of the votes, suggesting limited influence on the overall election outcome. Potential shifts in political leanings or voter mobilization efforts could be pivotal in future elections given the relatively narrow margin.
47.21% of voters voted for the Republican party in the 2020 Presidential Election
50.92% of voters voted for the Democrat party in the 2020 Presidential Election
0.84% of voters voted for the Livertarian party in the 2020 Presidential Election
1.02% of voters voted for the Other party in the 2020 Presidential Election
School Data
Iberville Parish, Louisiana has experienced notable fluctuations in its student-to-teacher ratio, jumping from 9 in 2016 to 17 in 2021 before stabilizing around 13 in 2023. Historically, the parish has stayed below or near the national average of 14 students per teacher, though recent years have seen it exceed the average. These shifts may influence potential investments, property development, or educational quality assessments for those eyeing the... Read more
Student-to-teacher ratio in Iberville Parish, Louisiana over the last 10 years
Iberville Parish, Louisiana has seen fluctuations in its student-to-teacher ratio over the past decade, with a marked increase from 9 students per teacher in 2016 to a peak of 17 in 2021, before stabilizing back to around 13 in 2023. Compared to the national average of 14 students per teacher, the parish has generally maintained ratios below or around the average, except for recent years where it exceeded the national average. These variations could impact potential investments and educational quality assessments, making it a relevant factor for those considering relocation, property development, or student performance evaluations within the area.
