LaSalle Parish Real Estate and Livability Trends
In La Salle Parish, Louisiana, the real estate market has seen median home values climb impressively from $70,300 in 2015 to $120,500 in 2022, outpacing national growth percentages. Mortgage activity for principal residences hit its peak in 2021 but saw a sharp decline by 2022, while investment property mortgages have been steadily on the rise. These dynamics suggest shifting housing demands and... Read more
LaSalle Parish Market Trends
Median home values in LaSalle Parish, Louisiana have shown significant growth, moving from $70,300 in 2015 to $120,500 in 2022, outpacing national trends in percentage terms. Mortgage activity for principal residences peaked in 2021 but dropped sharply by 2022, while investment property mortgages have been steadily increasing from 45 in 2018 to 67 in 2022. These shifts suggest changing housing... Read more
Median Value of Occupied Housing Units in LaSalle Parish, Louisiana Over the Last 8 Years
Median home values in LaSalle Parish, Louisiana have witnessed a marked upward trajectory over the past eight years, moving from $70,300 in 2015 to $120,500 in 2022. While still trailing the state median, which rose from $144,100 to $198,300 over the same period, LaSalle Parish’s growth has outpaced broader national trends where median values increased from $125,500 to $179,400. This steady increase—especially prominent since 2018—highlights the expanding appeal and investment potential in this part of Louisiana, which may suggest a strong upward trend in demand fueled by local economic factors or infrastructure developments.
Residential Energy Tax Credit Per Tax Return in LaSalle Parish, LA Over the Last 5 Years
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Average Real Estate Taxes Per Tax Return in LaSalle Parish, LA Over the Last 10 Years
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Percentage of Farm Returns in LaSalle Parish, LA Over the Last 10 Years
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Number of Mortgages by Occupancy Type in LaSalle Parish, LA Over the Last 5 Years in LaSalle Parish
LaSalle Parish, Louisiana has seen a steady number of mortgages for principal residences over the last five years, peaking in 2021 with 657, then dropping to 450 in 2022. Investment properties have shown a slow but consistent increase, going from 45 in 2018 to 67 in 2022. Meanwhile, mortgages for second residences have remained relatively low and stable. Understanding these shifts can be crucial for potential investors, as rising trends in investment property mortgages could indicate growing opportunities. For those looking to move, a decline in principal residence mortgages might signal changing housing demands. Appraisers and insurance agents might consider these trends when evaluating property values and risks. Builders and real estate agents can use this data to tailor their offerings to the current market demands, while local residents can gain insights into how these changes may impact community dynamics.
Economic Outlook
La Salle Parish, Louisiana, has seen notable fluctuations in average taxable incomes, peaking at $63,748.77 in 2014 before dipping to $52,998.82 in 2016 and recovering somewhat to $58,744.93 in 2021. State and local income taxes have also varied, starting at $4,271.30 in 2017 and rising sharply to $6,900.00 by 2021, pointing to increased costs for those living or investing in the area. Additionally, total tax liability has shifted, from around $9,714.39 in 2014 to a low of $6,903.03 in 2020,... Read more
Average Taxable Income per Tax Return in LaSalle Parish, LA over the last 9 years
La Salle Parish, Louisiana has shown some volatility in average taxable income per tax return over the past nine years. While the income peaked at $63,748.77 in 2014, it saw a significant dip to $52,998.82 in 2016, revealing potential economic challenges or industry shifts at that time. More recently, the figures suggest a modest recovery to $58,744.93 in 2021. For investors and real estate professionals, these fluctuations may indicate a need for cautious optimism and a closer evaluation of economic drivers and stability in the area.
Average State and Local Income Taxes Per Tax Return in LaSalle Parish, LA Over the Last 10 Years
In La Salle Parish, Louisiana, there has been notable fluctuation in average state and local income taxes per tax return over the past decade. After a low of $4,271.30 in 2017, taxes saw a sharp increase, peaking at $6,900.00 in 2021. This upward trend suggests that costs associated with living or investing in the area have grown significantly, a critical factor for potential investors or new residents. The sharp rise from $4,350.51 in 2016 to around $6,900.00 in 2021 highlights the changing economic landscape in La Salle Parish, informing decisions related to property investments and financial planning.
Average Total Tax Liability Per Tax Return in LaSalle Parish, LA Over the Last 10 Years
Over the past ten years, La Salle Parish, Louisiana has experienced fluctuations in its average total tax liability per tax return. Starting from a high of around $9,087.34 in 2012, the liability climbed to roughly $9,714.39 by 2014 before seeing a significant decline in subsequent years, hitting a low of approximately $6,903.03 in 2020. Interestingly, 2021 showed a slight recovery to about $7,897.04. This data likely reflects varying economic conditions and potential changes in local income levels, important for potential investors, real estate agents, and residents to consider when making financial decisions.
Cost of Living in LaSalle Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $944 | $1,399 | $2,335 | $951 | $1,138 |
| 1 adult 4 children | $944 | $1,143 | $1,790 | $951 | $1,225 |
| 2 adults 3 children | $944 | $1,143 | $2,024 | $951 | $880 |
| 1 adult 3 children | $944 | $933 | $1,479 | $951 | $956 |
| 2 adults 2 children | $740 | $936 | $1,713 | $828 | $781 |
| 1 adult 2 children | $740 | $699 | $1,168 | $828 | $715 |
| 2 adults 1 child | $740 | $740 | $1,402 | $427 | $727 |
| 1 adult 1 child | $740 | $478 | $856 | $427 | $595 |
| 2 adults | $562 | $594 | $1,090 | $0 | $620 |
| 1 adult | $558 | $324 | $545 | $0 | $530 |
Safety trends & Data
In LaSalle Parish, Louisiana, property crime trends over the past five years have fluctuated, impacting potential real estate investments. Burglary cases peaked at 11 in 2020 but dropped to 2 in 2021 before rising to 5 in 2022. Larceny-theft incidents saw a significant decline from 20 in 2018 to just 2 in 2022. Motor vehicle thefts remained low but showed a spike to 5 cases in 2022. Vandalism cases have been relatively consistent with minor fluctuations, ending at 6 cases in 2022. These trends... Read more
Property Crime Trends in LaSalle Parish, LA Over the Last 5 Years
In LaSalle Parish, Louisiana, property crime trends over the past five years reveal some noteworthy fluctuations that potential investors and stakeholders should consider. Burglary incidents saw an initial increase, peaking in 2020 with 11 cases but later dropped significantly to 2 cases in 2021 before slightly rising again to 5 cases in 2022. Larceny-theft cases dropped sharply from 20 in 2018 to just 2 in 2022. Motor vehicle thefts remained relatively low but notable, with a spike to 5 cases in 2022. Vandalism cases have shown a slight fluctuation, remaining consistent with minor peaks and valleys, ending at 6 cases in 2022. These crime trends can serve as key indicators for real estate agents, appraisers, insurance agents, and potential residents when assessing the safety and desirability of investing or living in LaSalle Parish.
Demographics
LaSalle Parish, Louisiana presents a predominantly male adult population and significant white demographic presence. Educational attainment reflects a strong inclination toward high school graduation or partial college experience, with fewer advancing to degrees beyond a bachelor's. The age distribution is fairly balanced, though there is a slight skew toward the 25 to 44 years category, indicating a potentially active workforce segment or younger family units. The racial makeup is largely... Read more
Race Distribution in LaSalle Parish, Louisiana (2022)
Educational Attainment in LaSalle Parish, Louisiana (2022)
Age Distribution in LaSalle Parish, Louisiana
Citizen Population in LaSalle Parish, Louisiana (2022)
Political Trends & Data
La Salle County, Louisiana, exhibits a distinctly conservative tilt, as evidenced by the 2020 U.S. Presidential Election where over 90% of the vote favored the Republican party. With Democrats securing just above 9% and virtually no support for minor parties, this political leaning could influence local policies, regulations, and the real estate market. Given this, prospective buyers and investors might expect a community with conservative values and potentially stable growth patterns aligned... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In La Salle County, Louisiana, the 2020 U.S. Presidential Election saw a dominant lean towards the Republican party, capturing more than 90% of the vote. The Democratic party garnered just over 9%, while Libertarians received a minimal share of the electorate. This county also showed negligible support for Green and other minor parties. These trends might suggest a strong conservative preference among local voters.
90.12% of voters voted for the Republican party in the 2020 Presidential Election
9.02% of voters voted for the Democrat party in the 2020 Presidential Election
0.55% of voters voted for the Livertarian party in the 2020 Presidential Election
0.31% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Lasalle Parish, Louisiana has seen notable fluctuations over the past decade, hitting a low of 11 students per teacher in 2016 and 2017, which is below the national average of 14. Conversely, it peaked at 16 in 2018 and 2020, surpassing the national average. These shifts may indicate changes in school funding, population, or teacher availability. For real estate agents and potential residents, understanding these trends is vital for assessing education quality... Read more
Student-to-teacher ratio in Lasalle Parish, Louisiana over the last 10 years
Over the past decade, the student-to-teacher ratio in Lasalle Parish, Louisiana has fluctuated significantly. The ratio dropped to a low of around 11 students per teacher in 2016 and 2017, which is well below the current national average of 14. It peaked at 16 in 2018 and 2020, surpassing the national average. This might suggest shifts in school funding, population changes, or teacher availability in the area. For investors, real estate agents, and those considering moving to or building property in Lasalle Parish, these trends could impact decisions, especially regarding education quality and community growth patterns. Additionally, insurance agents and appraisers may find these shifts relevant for risk assessment and property valuation.
