Plaquemines Parish Real Estate and Livability Trends
Plaquemines Parish, Louisiana has seen homes appreciate dramatically by 63% from $155,300 in 2015 to $253,300 by 2022, outpacing state and national averages. Tax credits for energy-efficient home improvements soared, reaching $1,733.33 per return in 2021, pointing to increased homeowner investment in sustainability. Property crime rates have plummeted, with burglaries and larceny-thefts falling... Read more
Plaquemines Parish Market Trends
Plaquemines Parish, Louisiana has consistently outpaced both state and national averages in median home value growth, seeing a 63% increase from $155,300 in 2015 to $253,300 by 2022. Residential energy tax credits jumped from $543.75 per return in 2016 to $1,733.33 by 2021, suggesting growing investments in energy-efficient improvements. Real estate taxes nearly doubled from $1,750.52 in 2012 to... Read more
Median Value of Occupied Housing Units in Plaquemines Parish, Louisiana Over the Last 8 Years
Over the past eight years, Plaquemines Parish, Louisiana has consistently outpaced both the state and national averages in median home value growth. Starting at $155,300 in 2015 and reaching $253,300 by 2022, the area saw a remarkable 63% increase. This contrasts with a 37% increase statewide, with Louisiana moving from $144,100 to $198,300 in the same period. Nationally, the growth was about 43%, with values rising from $125,500 to $179,400. For investors, movers, and builders, Plaquemines Parish’s aggressive appreciation might suggest strong local demand and development potential.
Residential Energy Tax Credit Per Tax Return in Plaquemines Parish, LA Over the Last 9 Years
Plaquemines Parish, Louisiana has seen notable fluctuations in residential energy tax credits over the past nine years. While the average credit per tax return hit a low of $543.75 in 2016, there was a significant increase by 2021, reaching $1,733.33. This trend highlights a growing investment in energy-efficient improvements, which could be appealing for property investors and homeowners looking to reduce long-term energy costs. The spikes in 2018 and 2021 might suggest local incentives or a greater adoption of renewable energy solutions, making the area potentially more attractive for sustainable development and green real estate ventures.
Average Real Estate Taxes Per Tax Return in Plaquemines Parish, LA Over the Last 10 Years
In Plaquemines Parish, Louisiana, average real estate taxes per tax return have shown a consistent upward trend over the last decade, nearly doubling from approximately $1,750.52 in 2012 to around $3,021.95 by 2021. This increase suggests escalating property values or changing tax rates, both of which could impact the economic landscape and cost of living. For potential investors, real estate agents, or those considering moving to the area, understanding this trend may be crucial for financial planning and gauging the long-term viability of property investments.
Percentage of Farm Returns in Plaquemines Parish, LA Over the Last 10 Years
Over the past decade in Plaquemines Parish, Louisiana, the percentage of farm tax returns has hovered around 1.0%. Fluctuating slightly, the numbers peaked in 2012 at approximately 1.34% but have since seen a gradual decline, dipping as low as around 0.94% in 2020. These trends might signal shifts in the local agricultural economy or evolving land use patterns. For investors, developers, and potential residents, understanding these patterns could provide insights into the long-term viability and growth prospects of agricultural ventures in the region. This data could also impact decisions related to rural developments, property investments, and community planning initiatives.
Number of Mortgages by Occupancy Type in Plaquemines Parish, LA Over the Last 5 Years in Plaquemines Parish
Plaquemines Parish, Louisiana has experienced fluctuations in mortgage activity over the last five years, with notable spikes and drops in principal residence borrowing, peaking at 1,346 in 2020, then nearly halving to 718 by 2022. Investment property and second residence mortgages have remained relatively low and stable. This trend may signal varying investor confidence and migration patterns, important for shaping real estate strategies. Such data matters because shifts in occupancy types affect appraisal values, insurance prices, and the overall desirability of the area for potential homeowners and developers.
Economic Outlook
Plaquemines Parish, Louisiana has seen a lot of variability in average taxable income per tax return over the past nine years, hitting $76,768.02 in 2021. The fluctuations in tax obligations, with state and local incomes rising from $5,597.46 in 2012 to $13,443.48 by 2021, indicate a shifting economic landscape. These changes could impact living costs and business expenses, reflecting broader economic trends or local policy shifts. Such dynamic financial conditions are worth noting for... Read more
Average Taxable Income per Tax Return in Plaquemines Parish, LA over the last 9 years
Over the past nine years, Plaquemines Parish, Louisiana has experienced fluctuations in average taxable income per tax return, with notable climbs like reaching $76,768.02 in 2021. This variability suggests a dynamic economic environment, potentially attractive for investors or those considering relocation. The peaks in 2015, 2016, and 2021 may point to periods of increased prosperity, possibly linked to local economic developments or external economic factors. The dips, such as in 2014 with an average taxable income of $60,571.79, could indicate temporary economic challenges or adjustments in the local economy. Understanding these trends is crucial for anyone involved in finance, real estate, or local economic planning in Plaquemines Parish.
Average State and Local Income Taxes Per Tax Return in Plaquemines Parish, LA Over the Last 10 Years
Over the past decade, Plaquemines Parish, Louisiana has seen a considerable increase in average state and local income taxes per tax return. Starting at $5,597.46 in 2012, the average ballooned to $13,443.48 by 2021. Noteworthy spikes occurred in 2018, 2019, and particularly 2020 and 2021, suggesting a trend of rising fiscal obligations for residents. This sharp climb could influence decisions for those contemplating investing or relocating, as the growing tax burden may affect cost of living and business expenses.
Average Total Tax Liability Per Tax Return in Plaquemines Parish, LA Over the Last 10 Years
Average total tax liability per tax return in Plaquemines Parish, Louisiana, has fluctuated significantly over the past decade, peaking at around $14,488.80 in 2016 and dipping to a low of approximately $10,679.44 in 2014. Notable variations between years could hint at broader economic trends or policy changes impacting the area. For those considering investing in or moving to Plaquemines Parish, these fluctuations might affect financial planning and long-term investment strategies, impacting everything from property values to insurance costs.
Cost of Living in Plaquemines Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,964 | $1,440 | $2,066 | $1,469 | $1,701 |
| 1 adult 4 children | $1,964 | $1,176 | $1,581 | $1,469 | $1,890 |
| 2 adults 3 children | $1,964 | $1,176 | $1,792 | $1,469 | $1,440 |
| 1 adult 3 children | $1,964 | $960 | $1,307 | $1,469 | $1,643 |
| 2 adults 2 children | $1,523 | $963 | $1,518 | $1,280 | $1,115 |
| 1 adult 2 children | $1,523 | $719 | $1,033 | $1,280 | $1,213 |
| 2 adults 1 child | $1,523 | $761 | $1,244 | $665 | $996 |
| 1 adult 1 child | $1,523 | $492 | $759 | $665 | $908 |
| 2 adults | $1,291 | $611 | $970 | $0 | $804 |
| 1 adult | $1,093 | $333 | $485 | $0 | $655 |
Safety trends & Data
Plaquemines Parish, Louisiana has experienced some interesting shifts in property crime over the past five years. Burglary arrests dropped from 19 cases in 2018 to 8 in 2022, and larceny-thefts saw a major decline from 58 incidents in 2018 to just 10 in 2022. Motor vehicle thefts and vandalism have remained consistently low. Notably, fraud cases spiked to 38 in 2020, showing how safety dynamics are evolving. These trends could potentially influence real estate values and insurance costs for... Read more
Property Crime Trends in Plaquemines Parish, LA Over the Last 5 Years
Plaquemines Parish, Louisiana has witnessed notable fluctuations in property crimes over the last five years. Burglary arrests have gradually declined from 19 cases in 2018 to 8 in 2022, while larceny-thefts saw a significant drop from 58 incidents in 2018 to just 10 in 2022. Motor vehicle thefts and vandalism arrests have remained relatively low and stable, with motor vehicle thefts peaking slightly at 5 in 2021. Interestingly, fraud cases spiked to 38 in 2020, contributing to overall trends. For potential investors and residents, these shifts may reflect evolving safety dynamics, impacting both real estate values and insurance considerations.
Demographics
Plaquemines Parish, Louisiana, displays an adult population evenly split between genders, with males slightly outnumbering females. A notable portion of the population, around 25 percent, does not hold diplomas, which could suggest areas for educational improvement. The age distribution highlights a balanced mix of young adults and middle-aged residents, with substantial numbers in the 25 to 54 age range, which might inform workforce strategies. The racial composition shows a predominantly... Read more
Race Distribution in Plaquemines Parish, Louisiana (2022)
Educational Attainment in Plaquemines Parish, Louisiana (2022)
Age Distribution in Plaquemines Parish, Louisiana
Citizen Population in Plaquemines Parish, Louisiana (2022)
Political Trends & Data
Plaquemines Parish in Louisiana tends to lean heavily Republican, as around 67% of voters supported the Republican candidate in the 2020 Presidential Election. Democrats attracted nearly 31%, highlighting a notable, though smaller, liberal faction. Libertarian and other minor parties had minimal impact, each securing less than 1% of the vote. This voting pattern likely indicates a solid conservative base with limited third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Plaquemines Parish in Louisiana likely leans heavily Republican, given that approximately 67% of voters supported the Republican candidate in the 2020 U.S. Presidential Election. Democrats garnered nearly 31% of the vote, indicating a significant but smaller faction. Libertarian and other minor parties received negligible support, with each capturing less than 1% of the vote. This distribution could suggest a strong conservative base with minimal third-party influence in this parish.
67.30% of voters voted for the Republican party in the 2020 Presidential Election
31.00% of voters voted for the Democrat party in the 2020 Presidential Election
0.94% 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
In Plaquemines Parish, Louisiana, the student-to-teacher ratio has seen wild fluctuations over the past decade, swinging from twelve in 2017 to eighty-nine in 2019, and resting at nineteen in 2023. This inconsistency can hit educational quality hard, which in turn might sway investment decisions and property values. Those looking to move or develop in the area should consider these factors when assessing neighborhood... Read more
Student-to-teacher ratio in Plaquemines Parish, Louisiana over the last 10 years
Over the past decade, the student-to-teacher ratio in Plaquemines Parish, Louisiana has fluctuated significantly. Ratios have ranged from as low as twelve in 2017 to an extreme high of eighty-nine in 2019. More recent figures, like twenty-four in 2020 and nineteen in 2023, suggest ratios still well above the national average of fourteen. Such variance can impact educational quality, affecting investment decisions, property values, and insurance assessments. For those considering moving or building in the area, having this context might influence choices regarding schools and overall neighborhood desirability.
