Morehouse Parish Real Estate and Livability Trends
Morehouse Parish, Louisiana has seen average taxable income per tax return rise from $38,907.31 in 2013 to approximately $45,543.74 in 2021, indicating overall economic growth periods, especially in 2018 and 2021. Median home values jumped from $80,600 in 2015 to $104,300 in 2022, outpacing state and national trends, appealing to investors eyeing affordability. Residential energy tax credits per... Read more
Morehouse Parish Market Trends
Morehouse Parish, Louisiana has seen median home values rise from $80,600 in 2015 to $104,300 in 2022, marked by relatively stable and progressive growth that outpaces the state and national averages. Despite a dip in 2021, this steady increase might attract investors or homebuyers looking for affordability. Residential energy tax credits per tax return have also fluctuated, peaking at $1,425.00... Read more
Median Value of Occupied Housing Units in Morehouse Parish, Louisiana Over the Last 8 Years
Morehouse Parish, Louisiana has experienced some intriguing trends in home values over the past eight years, with a noticeable leap from $80,600 in 2015 to $104,300 in 2022. Even with fluctuations, especially a dip in 2021, this county has seen relatively stable and progressive growth compared to the state and national averages. While Louisiana's median home values have climbed from $144,100 to $198,300 and the national average surged from $125,500 to $179,400, Morehouse Parish's more moderate growth could appeal to potential investors or homebuyers seeking a burgeoning market within a more affordable range.
Residential Energy Tax Credit Per Tax Return in Morehouse Parish, LA Over the Last 9 Years
Over the past nine years, Morehouse Parish, Louisiana has witnessed notable fluctuations in the average residential energy tax credit per tax return. From a high of $758.82 in 2013, there was a dip reaching $469.23 in 2015. However, the trend shifted upward significantly starting in 2018, peaking at $1,425.00 in 2021. This volatility could indicate periods of heightened investment in energy-efficient home improvements, potentially influenced by changing legislative incentives or economic conditions. Such trends are essential for investors, property developers, real estate agents, and appraisers, as they hint at the parish residents' responsiveness to energy efficiency programs and their potential impact on property values and mortgage calculations.
Average Real Estate Taxes Per Tax Return in Morehouse Parish, LA Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Morehouse Parish, Louisiana have seen a significant increase, starting at $1,093.86 in 2012 and reaching $1,840.00 in 2021. This steady rise, punctuated by a notable spike in 2018 to $1,816.67 and a peak in 2019 at $1,900.00, may signal upward trends in property valuations and/or tax adjustments. For potential investors and real estate professionals, these figures hint at a progressively higher cost base, which could impact purchasing decisions, property appraisals, and insurance rates. Understanding these tax trends is crucial for anyone looking to make informed decisions in this market.
Percentage of Farm Returns in Morehouse Parish, LA Over the Last 10 Years
Over the past decade in Morehouse Parish, Louisiana, the percentage of farm tax returns has consistently hovered around 2.70% to 2.94%. This steady trend in farm returns suggests a stable agricultural presence in the area, likely making it a viable destination for those considering agricultural investments or looking to develop farm-related properties. The slightly increasing trend hints at a potential rise in agricultural activity, which could signify growing opportunities for local businesses and investors. This data may interest those planning to move to Morehouse Parish, indicating a resilient agricultural community that could offer both economic stability and growth potential.
Number of Mortgages by Occupancy Type in Morehouse Parish, LA Over the Last 5 Years in Morehouse Parish
Over the last five years in Morehouse Parish, Louisiana, there has been a noticeable fluctuation in mortgage types with a dominant trend towards principal residences, which consistently account for the majority of mortgages. Investment properties have seen some variation, but not to the same extent as principal residences. Principal residence mortgages peaked significantly in 2021. Changes in occupancy type may influence property values and market dynamics, affecting not only real estate investment strategies but also appraisals and insurance considerations. For investors or those planning to move, understanding these trends can reveal the housing market's stability, potential rental income, and future property demand.
Economic Outlook
In Morehouse Parish, Louisiana, the average taxable income per tax return has generally increased from $38,907.31 in 2013 to approximately $45,543.74 in 2021, with notable economic growth periods in 2018 and 2021. Investors might be intrigued by this trend as rising incomes could hint at increasing property values. The local state and income taxes per return have also seen a rise, particularly post-2018, jumping from around $3,415.79 in 2012 to $7,000.00 in 2021, potentially indicating robust... Read more
Average Taxable Income per Tax Return in Morehouse Parish, LA over the last 9 years
In Morehouse Parish, Louisiana, the average taxable income per tax return has seen a generally upward trend over the past nine years, increasing from around $38,907.31 in 2013 to approximately $45,543.74 in 2021. Notably, there were significant jumps in 2018 and 2021, hinting at periods of economic growth. Investors and real estate agents might find these trends appealing, as rising incomes could correlate with increasing property values and consumer spending power. Those considering moving to or investing in the area could view these economic indicators as potential signs of a stable, growing community.
Average State and Local Income Taxes Per Tax Return in Morehouse Parish, LA Over the Last 10 Years
Morehouse Parish, Louisiana has seen a steady increase in average state and local income taxes per tax return over the last decade. Starting at approximately $3,415.79 in 2012, there was a notable jump by 2021, where this figure reached $7,000.00. This upward trend, especially the sharp rise post-2018, could indicate growing economic activity or changing tax policies in the region, potentially making it a point of interest for investors and new residents considering the area's financial dynamics.
Average Total Tax Liability Per Tax Return in Morehouse Parish, LA Over the Last 10 Years
Over the past decade, Morehouse Parish has seen its average total tax liability per tax return fluctuate from a low of approximately $5,654.01 in 2012 to a high of around $6,420.98 in 2013, and again nearing that peak in 2021 at about $6,401.13. This pattern suggests a possible correlation with economic shifts or policy changes, providing useful insights for potential investors and real estate agents evaluating local market stability. Appraisers and insurance agents might find it beneficial to consider these trends when assessing property values and risks in the region, while those interested in building property could use this data to make informed decisions.
Cost of Living in Morehouse Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $941 | $1,323 | $2,372 | $1,342 | $1,202 |
| 1 adult 4 children | $941 | $1,080 | $1,817 | $1,342 | $1,304 |
| 2 adults 3 children | $941 | $1,081 | $2,057 | $1,342 | $946 |
| 1 adult 3 children | $941 | $882 | $1,502 | $1,342 | $1,040 |
| 2 adults 2 children | $740 | $885 | $1,741 | $1,177 | $827 |
| 1 adult 2 children | $740 | $661 | $1,186 | $1,177 | $784 |
| 2 adults 1 child | $740 | $699 | $1,425 | $641 | $742 |
| 1 adult 1 child | $740 | $452 | $870 | $641 | $613 |
| 2 adults | $613 | $562 | $1,110 | $0 | $604 |
| 1 adult | $609 | $306 | $555 | $0 | $517 |
Safety trends & Data
Morehouse Parish, Louisiana, has exhibited fluctuating property crime rates over the past five years. A major spike in burglaries was observed in 2019 with 70 incidents, significantly up from 46 in 2018. Larceny-theft, the most common crime, saw a decrease from 114 incidents in 2018 to 86 by 2022. Motor vehicle theft peaked in 2019 with 15 cases before declining. Vandalism incidents varied yearly between 20 and 36. These trends could be vital for potential investors, residents, or real estate... Read more
Property Crime Trends in Morehouse Parish, LA Over the Last 5 Years
The property crime landscape in Morehouse Parish, Louisiana, has shown some notable shifts over the past five years. 2019 saw a significant spike in burglaries, jumping to 70, while 2018 recorded only 46. Larceny-theft remains the most prevalent, with 114 incidents in 2018 and a slight decrease to 86 by 2022. Interestingly, motor vehicle theft peaked in 2019 with 15 cases then dropped off notably in subsequent years. Vandalism and cases of stolen property also varied, with vandalism hovering around the 20-36 range per year. These trends suggest a fluctuating yet persistent challenge with property crimes, crucial for potential investors, residents, or real estate professionals evaluating the area's safety and economic implications.
Demographics
Morehouse Parish, Louisiana shows a nearly balanced gender distribution among adults, with a slight edge towards females. Educational attainment is skewed towards high school graduates, while bachelor's and graduate degree holders represent a smaller slice. In terms of age, the population is fairly evenly distributed among most age brackets, but the under-10 category is quite sizable, indicating a significant young cohort. Racially, the parish is almost evenly split between White and Black or... Read more
Race Distribution in Morehouse Parish, Louisiana (2022)
Educational Attainment in Morehouse Parish, Louisiana (2022)
Age Distribution in Morehouse Parish, Louisiana
Citizen Population in Morehouse Parish, Louisiana (2022)
Political Trends & Data
In Morehouse County, Louisiana, the real estate market could be influenced by its predominantly conservative voter base, as seen in the 2020 U.S. Presidential Election where Republicans captured over 56% of the votes. This trend may suggest a preference for policies that favor lower taxes and fewer regulations, potentially making the area more appealing to businesses and investors. The limited support for third-party candidates might also point to a relatively stable political climate, which... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Morehouse County, Louisiana, the 2020 U.S. Presidential Election results showed a significant lead for the Republican party, capturing just over 56% of the votes. Democrats garnered a little over 42%, while other parties like Libertarian and smaller groups combined scraped together around 1%. This suggests a predominantly conservative voter base with minimal support for third-party candidates.
56.25% of voters voted for the Republican party in the 2020 Presidential Election
42.73% of voters voted for the Democrat party in the 2020 Presidential Election
0.48% of voters voted for the Livertarian party in the 2020 Presidential Election
0.54% of voters voted for the Other party in the 2020 Presidential Election
School Data
Morehouse Parish, Louisiana has experienced fluctuating student-to-teacher ratios, peaking at nearly 19 students per teacher in 2020 before slightly decreasing to 16 in 2023. These ratios often float above the national average of 14 and could impact classroom dynamics, educational quality, and teacher workload. For potential investors and families, these trends might be key in evaluating the local educational infrastructure, which in turn could influence property values and market... Read more
Student-to-teacher ratio in Morehouse Parish, Louisiana over the last 10 years
Morehouse Parish, Louisiana has seen notable fluctuations in student-to-teacher ratios over the past decade, peaking at nearly 19 students per teacher in 2020 and then slightly decreasing to 16 in 2023. While these numbers often hover above the national average of 14, they indicate varying classroom dynamics that might affect educational quality and teacher workload. Potential investors and families considering a move to the area should find these ratios significant as they reflect on the educational infrastructure. For real estate agents and appraisers, understanding these trends can aid in assessing property values and market attractiveness based on the perceived quality of local schools.
