Natchitoches Parish Real Estate and Livability Trends
Natchitoches Parish, Louisiana's real estate market reflects substantial economic activity, with average taxable incomes climbing from $47,453.46 in 2013 to $58,624.20 in 2021 and median home values rising from $101,900 in 2015 to $155,700 in 2022. These trends suggest stronger earning potential and growing home values, which could attract investors. However, nearly doubled state and local income... Read more
Natchitoches Parish Market Trends
In Natchitoches Parish, Louisiana, median home values have steadily increased from $101,900 in 2015 to $155,700 in 2022, though still falling short of the state and national averages. The average residential energy tax credits exhibit significant fluctuations, peaking at $1,850.00 in 2018, indicating periodic investments in energy efficiency. Real estate taxes also show a steady rise, going from... Read more
Median Value of Occupied Housing Units in Natchitoches Parish, Louisiana Over the Last 8 Years
Natchitoches Parish, Louisiana, has seen steady growth in median home values over the past eight years, rising from $101,900 in 2015 to $155,700 in 2022. This increase, while significant, still leaves the parish’s median values below the state’s, which climbed from $144,100 to $198,300 over the same period. Nationally, median home values grew from $125,500 to $179,400. This relatively lower growth in Natchitoches Parish might offer more affordable opportunities for potential investors or new residents compared to the broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Natchitoches Parish, LA Over the Last 9 Years
Over the past nine years, average residential energy tax credits per tax return in Natchitoches Parish, Louisiana, have fluctuated significantly. Peaks were seen in 2014 at $985.00 and an impressive surge in 2018 at $1850.00, suggesting heightened investments in energy-efficient upgrades. Despite some dips, as low as $547.83 in 2016, there remains an overall trend toward increased energy-conscious expenditures, possibly indicating growing local incentives or awareness. This data could provide valuable insight for potential investors, property developers, and those assessing the long-term economic landscape of the area.
Average Real Estate Taxes Per Tax Return in Natchitoches Parish, LA Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Natchitoches Parish, Louisiana have seen a notable upward trend. Starting at around $1,480.85 in 2012, there was generally a steady increase with a significant spike to approximately $2,523.33 in 2018 and holding higher at over $2,600.00 in recent years. This rise potentially reflects increasing property values or changes in tax rates, which might be of interest to investors, homebuyers, and real estate professionals looking at market dynamics in the area. Appraisers and insurance agents should also consider these trends when assessing property values and risks.
Percentage of Farm Returns in Natchitoches Parish, LA Over the Last 10 Years
In Natchitoches Parish, Louisiana, the percentage of farm returns has shown a slight fluctuation over the past decade, hovering around the 3.4% to 3.7% range. Most recently in 2021, it stood at approximately 3.4%. This trend could suggest a stable but not significantly growing agricultural sector. Farm tax returns are a key indicator of the volume of farming business activities filed within the parish and potentially reflect the economic contributions of agriculture to the local economy. For investors or individuals considering moving or developing property in the area, this steadiness might indicate a reliable, though modest, agricultural presence.
Number of Mortgages by Occupancy Type in Natchitoches Parish, LA Over the Last 5 Years in Natchitoches Parish
Over the past five years in Natchitoches Parish, Louisiana, mortgage activity has shown notable variations by occupancy type. Principal residences consistently dominate the mortgage market, reaching a peak in 2021 with 1,397 mortgages, likely driven by factors such as favorable interest rates or regional economic stability. Meanwhile, investment properties have maintained relatively steady but lower numbers, suggesting limited yet persistent activity from investors which could imply a cautious but ongoing interest in the rental market. Second residences have seen comparatively minor fluctuations with the highest count in 2020, indicating a small but stable niche market likely appealing to those looking for vacation or secondary homes. For potential investors, understanding these trends can be crucial for assessing market saturation and investment opportunities, while real estate agents, appraisers, and insurance agents might draw on this data to better serve their clients’ needs and assess risks.
Economic Outlook
Natchitoches Parish, Louisiana shows an upward trend in average taxable incomes per tax return, rising from $47,453.46 in 2013 to $58,624.20 in 2021, with a notable jump between 2019 and 2021. This could hint at economic growth or increased earning potential, making it a potentially appealing spot for real estate investment. Concurrently, average state and local income taxes per return have nearly doubled from $3,963 in 2012 to $8,497 in 2021, especially spiking post-2017, which may impact the... Read more
Average Taxable Income per Tax Return in Natchitoches Parish, LA over the last 9 years
Natchitoches Parish, Louisiana has seen a general upward trend in average taxable income per tax return over the past nine years, starting from $47,453.46 in 2013 and reaching $58,624.20 in 2021. Notably, there is a significant jump between 2019 and 2021, with average taxable income rising from $53,447.75 to $58,624.20. This increase may indicate economic growth or increased earning potential in the area, making it a potentially appealing location for real estate investment, financial planning, and property development. These trends could also be relevant for appraisers and insurance agents assessing the area's financial health and risk factors.
Average State and Local Income Taxes Per Tax Return in Natchitoches Parish, LA Over the Last 10 Years
Over the past decade, Natchitoches Parish in Louisiana has seen a steady increase in average state and local income taxes per tax return, rising from around $3,963 in 2012 to approximately $8,497 in 2021. This trend suggests a significant upward trajectory, particularly notable after 2017, where jumps in tax amounts became pronounced, peaking with a striking increase between 2020 and 2021. This shift may reflect broader economic changes or policy adjustments, which could impact cost-of-living calculations and fiscal planning for both existing residents and potential investors.
Average Total Tax Liability Per Tax Return in Natchitoches Parish, LA Over the Last 10 Years
Natchitoches Parish, Louisiana has seen a marked increase in the average total tax liability per tax return over the past decade, jumping from approximately $7,924.34 in 2012 to around $9,714.05 in 2021. This growing trend in tax liability might suggest rising incomes or increased cost of living in the region. For those planning to move to or invest in real estate in Natchitoches Parish, these numbers could indicate a stronger economic environment and potentially higher home values. Appraisers and insurance agents might find this data useful for accurately assessing property values and risk.
Cost of Living in Natchitoches Parish
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,080 | $1,335 | $2,233 | $1,109 | $1,110 |
1 adult 4 children | $1,080 | $1,090 | $1,711 | $1,109 | $1,207 |
2 adults 3 children | $1,080 | $1,091 | $1,936 | $1,109 | $868 |
1 adult 3 children | $1,080 | $890 | $1,414 | $1,109 | $949 |
2 adults 2 children | $853 | $893 | $1,638 | $961 | $764 |
1 adult 2 children | $853 | $667 | $1,116 | $961 | $701 |
2 adults 1 child | $853 | $706 | $1,341 | $481 | $698 |
1 adult 1 child | $853 | $456 | $819 | $481 | $573 |
2 adults | $648 | $567 | $1,044 | $0 | $578 |
1 adult | $570 | $309 | $522 | $0 | $473 |
Safety trends & Data
Property crime trends in Natchitoches Parish, Louisiana reveal a concerning pattern over the past three years. Larceny-theft incidents peaked at 257.00 cases in 2020, while burglary rates rose from 77.00 cases in 2019 to 89.00 cases in 2020. Motor vehicle thefts showed a slight increase, reaching a high of 28.00 in 2020. Vandalism and fraudulent activities have been variable but are critical for appraisers and insurance agents to consider. Potential investors and real estate agents should note... Read more
Property Crime Trends in Natchitoches Parish, LA Over the Last 3 Years
Property crime trends in Natchitoches Parish, Louisiana show a fluctuating yet concerning pattern over the last three years. Notably, larceny-theft incidents have remained high, peaking at 257.0 cases in 2020. Burglary rates also showed an upward trend, with an increase from 77.0 cases in 2019 to 89.0 cases in 2020. Motor vehicle thefts showed a slight rise, hitting their highest at 28.0 in 2020. Vandalism and fraudulent activities have shown variability but remain critical points for appraisers and insurance agents to consider when evaluating property risks. This trend is crucial for potential investors and real estate agents seeking to understand the shifting landscape and insurance rates within the parish.
Demographics
In Natchitoches Parish, Louisiana, the population skews slightly female, with women comprising a little over half of the adult demographic. Educational attainment varies significantly, with the majority having completed high school and a notable portion holding some college experience or higher degrees. Age distribution indicates a youthful median age, with substantial numbers in the under 24 years categories, likely influenced by nearby educational institutions. Racial composition shows a near... Read more
Race Distribution in Natchitoches Parish, Louisiana (2022)
Educational Attainment in Natchitoches Parish, Louisiana (2022)
Age Distribution in Natchitoches Parish, Louisiana
Citizen Population in Natchitoches Parish, Louisiana (2022)
Political Trends & Data
Natchitoches County, Louisiana, saw a notable leaning towards the Republican party in the 2020 U.S. Presidential Election, with a bit more than 56 percent of the vote. However, Democrats held a substantial portion at around 42 percent, indicating a significant Democratic minority within a predominantly Republican landscape. This political mix could influence local policy trends and community dynamics, making it a unique area for considering real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Natchitoches County, Louisiana, the 2020 U.S. Presidential Election results leaned notably towards the Republican party, with just over 56 percent of the vote. Democrats received a sizable share with roughly 42 percent, while Libertarians and other parties garnered minimal support. This distribution highlights a potential Republican stronghold but also suggests the presence of a significant Democratic minority.
56.53% of voters voted for the Republican party in the 2020 Presidential Election
41.66% of voters voted for the Democrat party in the 2020 Presidential Election
1.04% of voters voted for the Livertarian party in the 2020 Presidential Election
0.77% of voters voted for the Other party in the 2020 Presidential Election
School Data
Natchitoches Parish in Louisiana has experienced significant variability in its student-to-teacher ratio over the past decade, starting from 14:1 in 2014, peaking at 19:1 in 2021, and decreasing to 15:1 in 2023. This flux compared to the national average of 14:1 might suggest periods of educational strain or changes in investment, making it something crucial for real estate stakeholders to monitor. For families, the recent trend towards a higher ratio could influence perceptions of educational... Read more
Student-to-teacher ratio in Natchitoches Parish, Louisiana over the last 10 years
Over the past decade, Natchitoches Parish in Louisiana has seen significant fluctuation in its student-to-teacher ratio, starting from 14 students per teacher in 2014 and peaking at 19 in 2021 before declining to 15 in 2023. Compared to the national average of 14 students per teacher, Natchitoches Parish has had periods of both lower and notably higher ratios. This variability might suggest periods of educational strain or investment changes, making it crucial for potential investors, real estate agents, and appraisers to keep an eye on educational resource allocation in the region. For families considering a move, the recent trend towards a higher ratio could impact perceptions of educational quality and teacher workload.