St. Landry Parish Real Estate and Livability Trends
In St. Landry Parish, Louisiana, median home values climbed significantly from $90,800 in 2015 to $148,400 in 2022, offering relatively affordable investment options. Residential energy tax credits peaked at $1,412.50 in 2018 before stabilizing, which might present advantageous opportunities for energy-efficient home upgrades. Real estate taxes also surged, suggesting potential strengthening in... Read more
St. Landry Parish Market Trends
In St. Landry Parish, Louisiana, median home values have soared from $90,800 in 2015 to $148,400 in 2022, still trailing the state median but offering more affordable investment options. Residential energy tax credits have oscillated, peaking at $1,412.50 in 2018 before stabilizing around $943.48 to $982.76, presenting advantageous opportunities for energy-efficient home upgrades. Real estate... Read more
Median Value of Occupied Housing Units in St. Landry Parish, Louisiana Over the Last 8 Years
Median home values in St. Landry Parish, Louisiana have experienced a considerable rise over the past eight years, increasing from $90,800 in 2015 to $148,400 in 2022. While the growth in St. Landry Parish is impressive, values still remain lower than the state median, which jumped from $144,100 to $198,300 in the same period. Nationally, the median home value rose from $125,500 to $179,400. For investors and potential homeowners, St. Landry Parish could offer more affordable opportunities compared to broader state and national markets, but it also may indicate potential for future appreciation.
Residential Energy Tax Credit Per Tax Return in St. Landry Parish, LA Over the Last 9 Years
The average residential energy tax credit in St. Landry Parish, Louisiana has experienced notable fluctuations over the past nine years. From a relatively high of $1,132.26 in 2015, it dipped significantly to $500.00 in 2016. It reached its peak at $1,412.50 in 2018. Post-2018, the values have leveled out somewhat but still show variability, hovering around $943.48 to $982.76 in recent years. This variability in energy tax credits could be advantageous for those investing in energy-efficient home improvements, impacting property valuations and presenting opportunities for real estate agents and appraisers to highlight potential savings.
Average Real Estate Taxes Per Tax Return in St. Landry Parish, LA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in St. Landry Parish, Louisiana, have seen a marked increase. Starting at approximately $950.29 in 2012, there has been a general upward trend, peaking at $2,217.14 by 2021. The steepest hikes appear to have occurred from 2016 onwards, with a notable jump between 2017 and 2018 from $1,210.06 to $1,831.91. This pattern could be indicative of a strengthening property market or increasing property valuations. Such dynamics are likely to influence investment decisions, property appraisals, and insurance policies in the region.
Percentage of Farm Returns in St. Landry Parish, LA Over the Last 10 Years
The percentage of farm tax returns in St. Landry Parish, Louisiana over the last decade generally hovers around 3%, reflecting a modestly fluctuating, yet fairly stable, agricultural sector. Notably, 2016 saw a slight uptick at approximately 3.18%, while the percentage dipped to its lowest point around 2.83% in 2020. Farm tax returns indicate the financial health and breadth of agricultural activity in the area, and these consistent figures suggest resilience within the local farming community. Investors and potential property owners should consider St. Landry Parish's steady agricultural presence as a sign of economic stability and community dependability.
Number of Mortgages by Occupancy Type in St. Landry Parish, LA Over the Last 5 Years in St. Landry Parish
In St. Landry Parish, Louisiana, principal residence mortgages have consistently dominated, peaking in 2021 with 3,160, while investment and second residence mortgages remained relatively low and stable. Changes in occupancy types can indicate shifts in local housing demand, potentially affecting property values and the development focus. High principal residence mortgages might suggest strong community investment and long-term stability, appealing to investors looking for steady rental markets and insurance agents assessing risk. Real estate agents and those considering building property can interpret these trends to gauge market health and future opportunities in the area.
Economic Outlook
St. Landry Parish, Louisiana has seen varying trends in average taxable income per tax return over the past nine years, with noticeable spikes, such as from $46,791.53 in 2013 to $53,800.51 in 2015. State and local income taxes have also risen significantly, peaking at $8,661.29 by 2020. Average total tax liabilities showed erratic behavior, hitting highs like $9,889.63 in 2015 before dropping. The poverty rate has oscillated sharply, reaching 31.4% in 2018 and falling to 19.6% in 2019, with... Read more
Average Taxable Income per Tax Return in St. Landry Parish, LA over the last 9 years
Over the past nine years, St. Landry Parish, Louisiana has seen some fluctuations regarding average taxable income per tax return. While there was a notable increase from $46,791.53 in 2013 to $53,800.51 in 2015, the following years presented a less consistent pattern, with figures like $47,627.46 in 2016 and $52,585.73 in 2021. Particularly for potential investors and real estate agents, these variations might suggest an area with economic instability but also potential for growth given the spikes in certain years. Consequently, property appraisors and insurance agents may want to consider these trends when assessing risk and valuation.
Average State and Local Income Taxes Per Tax Return in St. Landry Parish, LA Over the Last 10 Years
In the past decade, St. Landry Parish, Louisiana has seen a significant increase in average state and local income taxes per tax return, starting at around $4,443.38 in 2012 and peaking at $8,661.29 by 2020. Notably, there was a dramatic rise between 2017 and 2018, where taxes jumped from approximately $4,680.95 to $6,833.33. This trend could indicate broader economic shifts or policy changes affecting taxpayers, making it crucial to consider these rising costs for anyone looking to invest, move, or build property in the area.
Average Total Tax Liability Per Tax Return in St. Landry Parish, LA Over the Last 10 Years
St. Landry Parish, Louisiana has exhibited fluctuating average total tax liabilities per tax return over the past decade, with values peaking at around $9,889.63 in 2015 before dropping to a low of approximately $7,083.78 in 2020. This variation in tax liabilities suggests an economic landscape that is neither consistently rising nor falling, making it a unique market for investments, property appraisals, and real estate dealings. Investors and insurers should consider the potential volatility in tax burdens when evaluating properties and financial plans in this area.
Cost of Living in St. Landry Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $958 | $1,327 | $2,272 | $986 | $1,040 |
| 1 adult 4 children | $958 | $1,084 | $1,741 | $986 | $1,121 |
| 2 adults 3 children | $958 | $1,084 | $1,969 | $986 | $815 |
| 1 adult 3 children | $958 | $885 | $1,438 | $986 | $860 |
| 2 adults 2 children | $740 | $887 | $1,667 | $855 | $719 |
| 1 adult 2 children | $740 | $663 | $1,136 | $855 | $637 |
| 2 adults 1 child | $740 | $701 | $1,364 | $427 | $667 |
| 1 adult 1 child | $740 | $453 | $833 | $427 | $540 |
| 2 adults | $562 | $563 | $1,062 | $0 | $570 |
| 1 adult | $558 | $307 | $531 | $0 | $491 |
Safety trends & Data
St. Landry Parish, Louisiana has experienced notable declines in burglary and larceny-theft since 2019, though motor vehicle theft surged to 40 cases in 2022. Meanwhile, vandalism and fraud rates have remained relatively stable, with arson seeing a slight rise, peaking at three cases last year. These trends may hint at shifts in local law enforcement focus or economic changes, which can be crucial for investors and real estate agents assessing property... Read more
Property Crime Trends in St. Landry Parish, LA Over the Last 5 Years
St. Landry Parish, Louisiana has seen notable fluctuations in property crime over the past five years, with significant declines in burglary and larceny-theft since 2019. While vandalism and fraud rates have remained relatively stable, motor vehicle theft spiked to 40 cases in 2022. Arson, while rare, saw a slight increase, peaking at three cases in 2022. These trends could indicate shifts in local law enforcement focus or changing economic factors, making this data essential for potential investors and real estate agents to consider current property safety.
Demographics
St. Landry Parish's demographics illustrate intriguing patterns, with a leaning towards a slightly higher female population and a notable representation of Black or African American residents, comprising a significant part of the racial makeup. Educational attainment shows a considerable portion of adults have completed high school, yet a smaller fraction holds higher degrees. The age distribution hints at a relatively young median age, bolstered by sizable under-35 demographics, yet there's... Read more
Race Distribution in St. Landry Parish, Louisiana (2022)
Educational Attainment in St. Landry Parish, Louisiana (2022)
Age Distribution in St. Landry Parish, Louisiana
Citizen Population in St. Landry Parish, Louisiana (2022)
Political Trends & Data
In Saint Landry County, Louisiana, the Republican party seems to maintain a strong influence, with around 56% of the votes in the most recent U.S. presidential election, while Democrats received approximately 42%. Minor parties like the Libertarians and other smaller groups collectively achieved less than 2%, indicating that third parties may hold negligible sway in this area. This political climate could impact various policy decisions and local governance, potentially influencing market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Saint Landry County, Louisiana, the Republican party attracted a notable majority with approximately 56% of the votes, while Democrats garnered around 42%. Minor parties like the Libertarians and other smaller groups collectively achieved less than 2% of the vote share. This suggests that Saint Landry may lean Republican, with minimal influence from third parties.
56.30% of voters voted for the Republican party in the 2020 Presidential Election
42.21% of voters voted for the Democrat party in the 2020 Presidential Election
0.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.75% of voters voted for the Other party in the 2020 Presidential Election
School Data
St. Landry Parish, Louisiana has had a wildly fluctuating student-to-teacher ratio, peaking at a shocking 55 students per teacher in 2016, compared to the national average of 14. However, it has stabilized to around 16 students per teacher by 2023. Such drastic changes can affect educational quality and, consequently, property values and local market attractiveness. Higher ratios might indicate overburdened teachers and stretched resources, crucial considerations for future homeowners or... Read more
Student-to-teacher ratio in St. Landry Parish, Louisiana over the last 10 years
The student-to-teacher ratio in St. Landry Parish, Louisiana has fluctuated significantly over the past decade, peaking at an alarming 55 students per teacher in 2016, far exceeding the national average of 14. More recent years have seen the ratio stabilize closer to the national average, with 2023 reflecting approximately 16 students per teacher. These dramatic variations can impact educational quality, potential property values, and local market attractiveness. Higher ratios might signal overburdened teachers and strain on educational resources, factors critical for those considering investments, relocations, or real estate opportunities in the area. Conversely, the recent trend towards more manageable ratios could enhance the overall appeal of the region, potentially driving demand for homes and influencing property appraisals and insurance rates.
