Red River Parish Real Estate and Livability Trends
Red River Parish, Louisiana's median home values rose from $83,000 in 2015 to $99,100 in 2022, showing potential growth for investors. This area's pricing is favorable compared to the state median of $198,300 and the national median of $179,400, appealing to budget-conscious buyers. Real estate taxes surged from $887.50 in 2012 to $2,300.00 in 2021, reflecting either rising property values or... Read more
Red River Parish Market Trends
Red River Parish, Louisiana's housing market has experienced notable fluctuations, with median home values rising from $83,000 in 2015 to $99,100 in 2022, presenting growth opportunities for investors. The area's affordability compared to Louisiana’s median of $198,300 and the national median of $179,400 makes it attractive for budget-conscious buyers. Average residential energy tax credits... Read more
Median Value of Occupied Housing Units in Red River Parish, Louisiana Over the Last 8 Years
Red River Parish, Louisiana's housing market has shown fluctuations over the past eight years with the median home value starting at $83,000 in 2015 and peaking at $99,100 in 2022. The 2022 value represents a significant uptick compared to the previous periods despite several dips, suggesting potential growth opportunities for investors. When compared to Louisiana’s $198,300 and the national median of $179,400 for 2022, Red River Parish appears considerably more affordable, making it an attractive option for budget-conscious buyers. However, the parish's housing values have generally trailed behind state and national trends, implying room for appreciation if the local market gains traction.
Residential Energy Tax Credit Per Tax Return in Red River Parish, LA Over the Last 9 Years
In Red River Parish, Louisiana, the average residential energy tax credit per tax return has shown notable fluctuations over the last nine years. In 2013, the average credit was around $371.43, which then spiked significantly to $1,244.44 in 2014. After a brief decline to $720.00 in 2015 and $675.00 in 2016, the average credit saw a upward trend, reaching a peak of $1,544.44 in 2019. Recently, in 2021, the average credit appeared to settle around $1,175.00. Such variations might indicate shifts in local policies or changes in residential energy consumption and efficiency investments, factors which could be important for potential investors, real estate agents, and anyone interested in sustainable living initiatives in the area.
Average Real Estate Taxes Per Tax Return in Red River Parish, LA Over the Last 10 Years
Over the past decade, there has been a notable increase in the average real estate taxes per tax return in Red River Parish, Louisiana. Starting at $887.50 in 2012, the figure more than doubled to $2,300.00 by 2021. This upward trend suggests rising property values or increased tax rates, which could impact investment decisions, property valuations, and living expenses in the area. The sharpest rises occurred between 2017 and 2020, which might align with broader economic trends or local policy changes. Understanding this trajectory may be crucial for prospective homeowners, investors, and financial planners.
Percentage of Farm Returns in Red River Parish, LA Over the Last 10 Years
In Red River Parish, Louisiana, the percentage of farm tax returns has fluctuated over the past decade, starting at approximately 6.87% in 2012, peaking at around 7.76% in 2014, and settling to about 5.69% in 2021. These trends suggest a somewhat volatile but gradually declining agricultural economy in the area. Farm tax returns provide valuable insights into the local agricultural sector's economic health, reflecting both the number of active farms and their financial viability. For investors, property developers, and those considering moving to Red River Parish, understanding these trends could be crucial in making informed decisions about opportunities and challenges in this region's agricultural landscape.
Number of Mortgages by Occupancy Type in Red River Parish, LA Over the Last 5 Years in Red River Parish
Red River Parish, Louisiana saw varying trends in mortgage counts over the past five years, particularly for principal residences which significantly fluctuated from 177 in 2019 to 309 in 2021. When comparing mortgage counts for investment properties and second residences, the numbers remained relatively stable but very low. These trends could indicate shifts in local economic conditions or housing market preferences. For investors and real estate agents, the increase in principal residence mortgages might suggest a growing demand for primary homes, potentially driving property values up. Conversely, the moderate numbers for investment properties and second homes could signal limited interest or opportunities in secondary markets, which might impact decisions for new developments or insurance considerations.
Economic Outlook
Red River Parish, Louisiana, experienced notable fluctuations in economic indicators over the past decade, impacting the real estate landscape. Average taxable income per tax return dipped to around $47,974.16 in 2016 but rebounded to approximately $61,264.40 by 2021, suggesting evolving economic conditions that could influence property values and investment strategies. Additionally, state and local income taxes per tax return varied significantly, peaking at roughly $10,166.67 in 2020,... Read more
Average Taxable Income per Tax Return in Red River Parish, LA over the last 9 years
Over the past nine years, the average taxable income per tax return in Red River Parish, Louisiana has shown some fluctuation. In 2013, the average hovered around $55,411.24 and saw a dip to around $47,974.16 by 2016, suggesting some economic challenges during that period. However, it gradually rebounded, hitting approximately $61,264.40 in 2021. This variability indicates evolving economic conditions which could impact property values, investment opportunities, and financial planning for residents and stakeholders alike. Real estate agents, investors, and insurance agents might find these patterns valuable for assessing risk, potential returns, and market stability.
Average State and Local Income Taxes Per Tax Return in Red River Parish, LA Over the Last 10 Years
Over the past decade, Red River Parish in Louisiana has seen significant fluctuations in average state and local income taxes per tax return, ranging from a low of around $4,048.15 in 2017 to a high of approximately $10,166.67 in 2020. The most dramatic shifts occurred between 2017 and 2018, when tax amounts nearly doubled. Such volatility could imply economic shifts, changes in tax policy, or variations in income levels, all crucial factors for potential investors or residents considering the area.
Average Total Tax Liability Per Tax Return in Red River Parish, LA Over the Last 10 Years
Red River Parish, Louisiana has seen fluctuations in average total tax liability per tax return over the past decade, peaking at $12,742.25 in 2013 and dipping to a low of $8,252.22 in 2020. Consistent variability suggests economic shifts and possibly changes in income levels or tax policies affecting residents. Such trends can inform potential investors, real estate agents, and appraisers about the economic landscape, influencing decisions related to property investments, valuations, and risk assessments in this region. While showing signs of recovery post-2020, the data reflect an unpredictable tax environment that may warrant consideration for financial planning and long-term commitments.
Cost of Living in Red River Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $913 | $1,395 | $1,975 | $1,109 | $1,047 |
| 1 adult 4 children | $913 | $1,140 | $1,512 | $1,109 | $1,150 |
| 2 adults 3 children | $913 | $1,140 | $1,713 | $1,109 | $823 |
| 1 adult 3 children | $913 | $931 | $1,249 | $1,109 | $898 |
| 2 adults 2 children | $750 | $933 | $1,451 | $961 | $746 |
| 1 adult 2 children | $750 | $697 | $987 | $961 | $694 |
| 2 adults 1 child | $750 | $738 | $1,188 | $481 | $685 |
| 1 adult 1 child | $750 | $476 | $725 | $481 | $571 |
| 2 adults | $570 | $593 | $926 | $0 | $578 |
| 1 adult | $566 | $323 | $463 | $0 | $505 |
Safety trends & Data
Red River Parish, Louisiana has seen variable property crime trends recently. While burglary cases sharply increased from 2 in 2019 to 14 in 2020, larceny-theft showed more stability, peaking at 25 arrests in 2019 but hovering around 16-17 cases otherwise. Vandalism incidents remained fairly steady at 12-14 cases annually, and motor vehicle thefts saw a slow rise from 2 in 2018 to 5 in 2020. This fluctuation could be relevant for real estate investors, residents, and professionals, indicating... Read more
Property Crime Trends in Red River Parish, LA Over the Last 3 Years
Red River Parish, Louisiana has experienced notable fluctuations in property crime over the past three years. Burglary, which saw a drop to just 2 instances in 2019, spiked to 14 occurrences in 2020. Larceny-theft remained a consistent issue, peaking at 25 arrests in 2019 but holding steady around 16-17 cases in other years. Incidents of vandalism show minor variability, maintaining around 12-14 cases annually. Motor vehicle thefts are on a gradual rise, growing from 2 in 2018 to 5 by 2020. These trends could influence decisions for potential investors, residents, and professionals in real estate, insurance, and law enforcement, suggesting both areas of concern and relative stability within the parish.
Demographics
Red River Parish, Louisiana, shows a slight female majority, with the adult population being somewhat evenly split between males and females. The educational attainment data indicates the largest group consists of high school graduates, while smaller segments have advanced degrees or less than a 9th-grade education. The age distribution reveals a concentration of individuals under 10 years and those aged 55 to 64 years. The racial makeup is predominantly White, with a significant Black or... Read more
Race Distribution in Red River Parish, Louisiana (2022)
Educational Attainment in Red River Parish, Louisiana (2022)
Age Distribution in Red River Parish, Louisiana
Citizen Population in Red River Parish, Louisiana (2022)
Political Trends & Data
Red River County, Louisiana, leans Republican with the 2020 U.S. Presidential Election resulting in Republicans likely capturing just over 58% of the vote. Democrats, however, garnered approximately 40%, suggesting there's a substantial base of Democratic supporters that could shape future local and state elections. Libertarian and other parties attracted minimal support, barely impacting the overall voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Red River County, Louisiana, the 2020 U.S. Presidential Election saw Republicans likely capturing just over 58% of the vote, while Democrats garnered approximately 40%. Libertarian candidates attracted a modest 0.8%, with other parties barely making a blip. This voting pattern might indicate a strong Republican preference in the area, although the Democrats' share suggests considerable support that could be significant in future elections.
58.40% of voters voted for the Republican party in the 2020 Presidential Election
39.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.75% of voters voted for the Livertarian party in the 2020 Presidential Election
1.06% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Red River Parish, Louisiana, the student-to-teacher ratio has experienced considerable variance, peaking at twenty-four students per teacher in 2022 before stabilizing around seventeen in 2023. With a significant drop to five students per teacher in 2016, these fluctuations may influence investor, homeowner, and educator decisions, especially given that these ratios frequently exceed the national average of fourteen students per teacher. The implications for resource allocation and education... Read more
Student-to-teacher ratio in Red River Parish, Louisiana over the last 10 years
In Red River Parish, Louisiana, the student-to-teacher ratio has shown significant fluctuations over the past decade, with a notable dip to five students per teacher in 2016. However, recent years have seen the ratio climb as high as twenty-four students per teacher in 2022, before balancing out to around seventeen in 2023. This variability can make it challenging to predict classroom dynamics and may impact decisions for potential investors, homeowners, and educators. Compared to the national average of fourteen students per teacher, Red River Parish's ratios have often been higher, raising questions about resource allocation and education quality in the area.
