Sabine Parish Real Estate and Livability Trends
Sabine Parish, Louisiana has shown a significant rise in median home values, reaching $112,300 in 2022, maintaining a more affordable market compared to state and national levels. Tax policy changes or economic growth is hinted at by fluctuating average state and local income taxes, with a notable peak at $7,768.57 in 2020. Enhanced safety with declining property crime rates, except for a slight... Read more
Sabine Parish Market Trends
Sabine Parish, Louisiana shows a steady rise in median home values, reaching $112,300 in 2022, which is significantly more affordable compared to the state and national medians. While real estate tax averages have increased to a peak of $2,050.00 in 2020, indicating possible rising property values or increased local tax levies, energy tax credits per return have fluctuated with notable peaks,... Read more
Median Value of Occupied Housing Units in Sabine Parish, Louisiana Over the Last 8 Years
Sabine Parish, Louisiana has seen fluctuations but overall increases in median home values over the past eight years, reaching $112,300 in 2022. Compared to Louisiana's state median value of $198,300 and the national median of $179,400 in the same year, Sabine Parish remains significantly more affordable. This affordability might present opportunities for investors looking to capitalize on potential appreciation or for those seeking a more budget-friendly entry into the housing market.
Residential Energy Tax Credit Per Tax Return in Sabine Parish, LA Over the Last 9 Years
Sabine Parish, Louisiana has shown a significant fluctuation in the average residential energy tax credit per tax return over the last nine years. Notable peaks occurred in 2015 with an average of $1,092.31 and an exceptional spike in 2018 at $1,980.00, followed by relatively high values in subsequent years. These trends suggest that investing in energy-efficient upgrades may offer substantial tax benefits, presenting potential financial incentives for homeowners and real estate investors in the area.
Average Real Estate Taxes Per Tax Return in Sabine Parish, LA Over the Last 10 Years
Over the past decade in Sabine Parish, Louisiana, there's been a notable increase in average real estate taxes per tax return, peaking at $2,050.00 in 2020, up from $924.42 in 2012. Despite a slight dip in 2021 to $1,880.00, these figures suggest a longer-term upward trend. This may indicate rising property values or enhanced local tax levies, which could be relevant for potential investors or property developers assessing economic conditions and financial projections. Real estate agents and appraisers might find this upward trend informative for determining property values and advising clients accordingly.
Percentage of Farm Returns in Sabine Parish, LA Over the Last 10 Years
Farm tax returns in Sabine Parish, Louisiana have shown a slight but consistent upward trend over the last decade, going from approximately 4.97% in 2012 to around 5.61% in 2021. This increase, although modest, could indicate a steady but growing engagement in agricultural activities within the parish. For those considering investing, moving, or building property here, this growth might reflect a potentially more stable agricultural economy, suggesting decent economic viability in rural investments or land use tailored for farming. The gradual rise also hints at an increased number of residents potentially dependent on farming, signaling a shift in local economic dynamics towards agriculture.
Number of Mortgages by Occupancy Type in Sabine Parish, LA Over the Last 5 Years in Sabine Parish
In Sabine Parish, Louisiana over the past five years, the predominant type of mortgage has consistently been for principal residences, significantly outnumbering investment properties and second residences. A notable trend is the gradual increase in second residence mortgages, peaking in 2021 with 162, before slightly declining in 2022. This trends suggests a growing interest in vacation homes or non-primary properties, which could be a sign of the area becoming more attractive for recreational purposes or potential retirement spots. For investors, this shift may imply changing dynamics in the local real estate market, influenced by lifestyle changes or external economic factors. Real estate agents, insurance providers, and investors need to monitor these occupancy shifts as they can impact demand, property values, and insurance premiums, potentially offering new opportunities or highlighting emerging risks for stakeholders.
Economic Outlook
Sabine Parish, Louisiana's average taxable income has shown some volatility over the past nine years, dipping to $50,838.34 in 2016 but climbing to $59,926.92 by 2021. This upward trend might hint at improving economic conditions or demographic shifts, potentially making the area more attractive to investors. Average state and local income taxes per tax return have also fluctuated, peaking at $7,768.57 in 2020, significantly higher from $4,257.58 in 2016, which could reflect economic growth or... Read more
Average Taxable Income per Tax Return in Sabine Parish, LA over the last 9 years
Sabine Parish, Louisiana has experienced some volatility in average taxable income over the past nine years, with notable fluctuations around mid-decade. Despite a dip in 2016 to roughly $50,838.34, there has been a general upward trend, peaking in 2021 at approximately $59,926.92. This trend could hint at improving economic conditions or shifts in local demographics, potentially making the parish more attractive for investors and new residents. Understanding these income trends is crucial for property developers, insurers, and real estate professionals in forecasting demand and pricing strategies.
Average State and Local Income Taxes Per Tax Return in Sabine Parish, LA Over the Last 10 Years
Over the last decade, Sabine Parish, Louisiana has seen fluctuations in average state and local income taxes per tax return, with notable increases from 2018 onwards. Taxes peaked at approximately $7,768.57 in 2020, up significantly from around $4,257.58 in 2016, suggesting possible economic growth or changes in tax policies. This trend, particularly the sharp rise in recent years, could impact investment decisions and cost of living considerations for current and potential residents.
Average Total Tax Liability Per Tax Return in Sabine Parish, LA Over the Last 10 Years
Over the past decade, Sabine Parish, Louisiana has experienced notable fluctuations in average total tax liability per tax return. The data shows a downward trend from $9,450.32 in 2012 to a low of $7,853.40 in 2016, followed by a gradual increase that peaks again at $9,025.84 in 2021. This suggests a variable economic environment, potentially influenced by changing employment rates, income levels, and regional financial policies. Investors and real estate professionals may find this information useful when assessing the area's economic stability and growth potential.
Cost of Living in Sabine Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $983 | $1,327 | $2,233 | $1,109 | $1,146 |
| 1 adult 4 children | $983 | $1,084 | $1,711 | $1,109 | $1,279 |
| 2 adults 3 children | $983 | $1,084 | $1,936 | $1,109 | $918 |
| 1 adult 3 children | $983 | $885 | $1,414 | $1,109 | $989 |
| 2 adults 2 children | $808 | $887 | $1,638 | $961 | $802 |
| 1 adult 2 children | $808 | $663 | $1,116 | $961 | $759 |
| 2 adults 1 child | $808 | $701 | $1,341 | $481 | $733 |
| 1 adult 1 child | $808 | $453 | $819 | $481 | $607 |
| 2 adults | $614 | $563 | $1,044 | $0 | $610 |
| 1 adult | $540 | $307 | $522 | $0 | $499 |
Safety trends & Data
Sabine Parish, Louisiana has seen a notable decline in property crime rates over the past three years, particularly in burglary and larceny-theft incidents. Burglaries have plummeted to just 7 in 2020 from 23 in 2018, and larceny-theft cases dropped from 87 to 31, indicating enhanced safety measures and potentially more effective policing. However, motor vehicle thefts have risen from 3 to 7 incidents, suggesting areas needing further focus. These trends can guide stakeholders in making... Read more
Property Crime Trends in Sabine Parish, LA Over the Last 3 Years
Over the past three years, Sabine Parish, Louisiana, has experienced fluctuating property crime rates. Notably, burglary incidents have significantly decreased from 23 in 2018 to 7 in 2020, paralleling a similar downward trend in larceny-theft cases, which dropped from 87 to 31. This decline suggests enhanced community safety and possibly more effective policing or community programs. However, motor vehicle thefts showed an increase, rising from 3 incidents in 2018 to 7 in 2020, hinting at an area that still requires attention. Fraud and forgery cases remained relatively low, with a slight decrease over the years, implying consistent vigilance against these crimes. For stakeholders, these trends can inform decisions, from real estate investments to community planning and resource allocation.
Demographics
Sabine Parish, Louisiana, shows a slight female majority in its adult population. Educational attainment reveals a significant portion achieving high school graduation, though fewer pursue higher education degrees. Age distribution indicates a mature population, with the majority between 45 and 64 years. Racially, the parish is predominantly White, with notable Black or African American and American Indian and Alaska Native communities. This demographic blend suggests a diverse yet aging... Read more
Race Distribution in Sabine Parish, Louisiana (2022)
Educational Attainment in Sabine Parish, Louisiana (2022)
Age Distribution in Sabine Parish, Louisiana
Citizen Population in Sabine Parish, Louisiana (2022)
Political Trends & Data
Sabine County, Louisiana, might reflect a strong Republican inclination based on the 2020 U.S. Presidential Election data, where Republicans possibly secured over 82% of the votes. In contrast, Democrats seem to have obtained around 16%, and minor parties barely made a dent, indicating a distinctly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sabine County, Louisiana, exhibited a noticeable lean towards Republican candidates in the 2020 U.S. Presidential Election, with Republicans possibly capturing over 82% of the vote. Democrats might have garnered around 16%, while minor parties and others collectively had minimal impact, suggesting a strong Republican preference in this region.
82.82% of voters voted for the Republican party in the 2020 Presidential Election
16.34% of voters voted for the Democrat party in the 2020 Presidential Election
0.46% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Sabine Parish, Louisiana, the student-to-teacher ratio has fluctuated over the past decade, peaking at nearly 19 students per teacher in 2019 and dipping to just over 15 in 2017. With the national average around 14 students per teacher, the ratios here generally trend higher. This potentially larger classroom size could impact the desirability of the area for families with school-age children, influencing real estate market dynamics. Investors, agents, appraisers, and insurance professionals... Read more
Student-to-teacher ratio in Sabine Parish, Louisiana over the last 10 years
Sabine Parish, Louisiana, has experienced some fluctuations in its student-to-teacher ratio over the past decade, peaking at nearly 19 students per teacher in 2019 and dipping to just over 15 in 2017. Given that the national average is 14 students per teacher, the ratios here generally trend higher, which could imply larger classroom sizes and potentially fewer individualized attention opportunities for students. For families, this may be a concern when considering the quality of education in Sabine Parish. Real estate investors and agents might find this information crucial as it affects the desirability of the area for families with school-age children. Similarly, appraisers and insurance agents might consider these educational metrics when evaluating property values and risks. Overall, understanding these trends is key for anyone vested in the local community’s educational environment and overall quality of life.
