St. Tammany Parish Real Estate and Livability Trends
St. Tammany Parish, Louisiana, features intriguing economic and real estate dynamics. Median home values soared from $197,100 in 2015 to $262,400 in 2022, outperforming both state and national metrics, possibly implying higher investment returns. The average taxable income per tax return jumped from $69,783.40 in 2013 to $96,792.84 in 2021, though this period also saw average state and local... Read more
St. Tammany Parish Market Trends
Median home values in St. Tammany Parish, Louisiana surged from $197,100 in 2015 to $262,400 in 2022, a performance surpassing both state and national averages. While Louisiana's median values climbed from $144,100 to $198,300 and the national median from $125,500 to $179,400, this area’s real estate appears particularly dynamic and may offer higher investment returns. Average real estate taxes... Read more
Median Value of Occupied Housing Units in St. Tammany Parish, Louisiana Over the Last 8 Years
Median home values in St. Tammany Parish, Louisiana have jumped from $197,100 in 2015 to $262,400 in 2022, showcasing a robust upward trend that outpaces both state and national averages. By contrast, Louisiana's median home value increased from $144,100 to $198,300 during the same period, while the national median rose from $125,500 to $179,400. This sustained growth implies potentially higher returns on real estate investments and might reflect strong local demand and economic factors that make the parish an appealing area for both current residents and prospective buyers.
Residential Energy Tax Credit Per Tax Return in St. Tammany Parish, LA Over the Last 9 Years
St. Tammany Parish, Louisiana, has seen a fluctuating trend in average residential energy tax credits per tax return over the last nine years, peaking in 2018 at $2083.33. While there was a significant dip to $632.73 in 2016, recent years show a more stable range between $877.50 and $1291.49. These fluctuations might suggest varying levels of investment in energy-efficient home improvements, which could be a focal point for those looking to invest or build property in this location. Appraisers and real estate agents might note these trends as they can influence property values and buyer interest.
Average Real Estate Taxes Per Tax Return in St. Tammany Parish, LA Over the Last 10 Years
Over the past decade, St. Tammany Parish, Louisiana has seen a significant increase in average real estate taxes per tax return, rising from approximately $2,817.47 in 2012 to around $4,817.11 by 2021. This gradual uptick could indicate growing property values, enhanced community infrastructure, or shifts in local tax rates. For real estate investors, appraisers, and potential homeowners, these trends probably suggest a robust and possibly appreciating market, though higher taxes might also affect affordability.
Percentage of Farm Returns in St. Tammany Parish, LA Over the Last 10 Years
Farm tax returns in St. Tammany Parish, Louisiana, have seen a slight decline over the past decade, starting at approximately 0.81% in 2012 and falling to about 0.71% in 2021. The highest point was nearly 0.82% in 2016, with the lowest around 0.65% in 2020. This trend could suggest diminishing agricultural activity or shifts in local economic focus, which may matter to potential investors and residents assessing the economic landscape. Those interested in rural investments or land development might want to consider these changing dynamics within the parish's agricultural sector.
Number of Mortgages by Occupancy Type in St. Tammany Parish, LA Over the Last 5 Years in St. Tammany Parish
In St. Tammany Parish, Louisiana, the trend over the past five years indicates a fluctuating but overall significant increase in mortgages for principal residences compared to a steady lower volume for second residences and investment properties. This is essential for investors and real estate agents as the high demand for primary homes might drive up property prices and rental yields. For insurance agents and appraisers, the dominant presence of principal residences could suggest lower vacancy rates and potentially more stable neighborhoods. Builders and those considering moving might also find this trend indicative of a robust, growing residential market with opportunities for development and longer-term stability.
Economic Outlook
St. Tammany Parish, Louisiana has experienced significant growth in average taxable income per tax return, jumping from around $69,783.40 in 2013 to $96,792.84 in 2021, suggesting stronger financial health that could boost property values. This is coupled with a sharp increase in average state and local income taxes, which peaked at $13,491.60 in 2021, possibly indicating shifting economic conditions or tax policies. Despite a general upward trend in tax liability, the parish has seen poverty... Read more
Average Taxable Income per Tax Return in St. Tammany Parish, LA over the last 9 years
St. Tammany Parish, Louisiana has seen a generally upward trend in average taxable income per tax return over the past nine years, with notable growth from approximately $69,783.40 in 2013 to $96,792.84 in 2021. The highest spike came in 2021, suggesting a recent economic boost possibly influenced by various local or national factors. This trend can be significant for investors, real estate agents, and those looking to build or buy property in the area, as it may indicate stronger financial health and increase property values. Additionally, appraisers and insurance agents might find this data useful for assessing risk and determining property values accurately.
Average State and Local Income Taxes Per Tax Return in St. Tammany Parish, LA Over the Last 10 Years
St. Tammany Parish, Louisiana has seen notable fluctuations in average state and local income taxes per tax return over the past decade, with a significant upward trend in recent years. From 2012 to 2017, the average ranged from $6,209.58 to $6,722.05, but starting in 2018, there was a sharp increase, peaking at $13,491.60 in 2021. This dramatic rise could imply changing economic conditions or tax policies that might impact individuals considering investment or relocation to the area. The steep increase in tax rates may affect the overall cost of living and could be a critical factor for potential property developers and new residents.
Average Total Tax Liability Per Tax Return in St. Tammany Parish, LA Over the Last 10 Years
The average total tax liability per tax return in St. Tammany Parish, Louisiana, has generally seen an upward trend over the past decade, with a notable spike in 2021, reaching $18,859.94. This significant increase in 2021 might suggest changes in local economic conditions or tax policies. Despite a dip in 2020, preceding years also show consistent climbs, reflecting possible growth in residents' average incomes or property values. This data can be insightful for potential investors, real estate agents, and those considering moving to the area, indicating a potentially affluent community with evolving fiscal dynamics.
Cost of Living in St. Tammany Parish
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,659 | $1,544 | $2,205 | $1,048 | $1,508 |
1 adult 4 children | $1,659 | $1,261 | $1,688 | $1,048 | $1,668 |
2 adults 3 children | $1,659 | $1,262 | $1,912 | $1,048 | $1,248 |
1 adult 3 children | $1,659 | $1,030 | $1,395 | $1,048 | $1,401 |
2 adults 2 children | $1,286 | $1,033 | $1,619 | $908 | $990 |
1 adult 2 children | $1,286 | $771 | $1,102 | $908 | $1,020 |
2 adults 1 child | $1,286 | $816 | $1,326 | $454 | $921 |
1 adult 1 child | $1,286 | $527 | $810 | $454 | $783 |
2 adults | $1,090 | $656 | $1,033 | $0 | $783 |
1 adult | $923 | $358 | $517 | $0 | $630 |
Safety trends & Data
St. Tammany Parish, Louisiana has witnessed noteworthy changes in property crime over the last five years. Larceny-theft incidents decreased from 911.00 in 2018 to 517.00 in 2021, then rose slightly to 596.00 in 2022. Burglary rates dropped from 191.00 to 107.00 in the same period. Arson cases, while minimal, jumped from 1.00 to 19.00. Motor vehicle theft saw a minor increase from 53.00 to 63.00. These trends may guide investors, real estate agents, and insurance providers in understanding... Read more
Property Crime Trends in St. Tammany Parish, LA Over the Last 5 Years
St. Tammany Parish, Louisiana has seen notable fluctuations in property crime trends over the last five years. Larceny-theft incidents, while beginning at 911.0 in 2018, dropped significantly to 517.0 by 2021 before seeing a slight rise to 596.0 in 2022. Meanwhile, burglary rates have exhibited a declining trend from 191.0 in 2018 to 107.0 in 2022. Interestingly, arson cases, though minimal, surged from 1.0 to 19.0 over this period. Motor vehicle theft rates remained relatively stable with a slight increase from 53.0 in 2018 to 63.0 in 2022. These property crime dynamics suggest areas of focus for potential investors, real estate agents, and insurance providers by identifying safer periods for development and highlighting the evolving nature of crime in this parish.
Demographics
St. Tammany Parish, Louisiana, shows a slight female majority in its adult population and a notable educational attainment, with most residents having at least a high school diploma. The age distribution indicates a balanced spread across various age groups, with a significant portion of the population aged between 35 and 64 years. Racially, the parish is predominantly White, with Black or African American residents making up the next largest racial group. This demographic context suggests a... Read more
Race Distribution in St. Tammany Parish, Louisiana (2022)
Educational Attainment in St. Tammany Parish, Louisiana (2022)
Age Distribution in St. Tammany Parish, Louisiana
Citizen Population in St. Tammany Parish, Louisiana (2022)
Political Trends & Data
Saint Tammany County, Louisiana, shows a significant conservative trend with about 71% of voters favoring the Republican candidate in the 2020 presidential election. Around 27% backed the Democratic candidate, while minimal support went to other parties like the Libertarians and Greens. This political leaning could influence the county's real estate market, potentially attracting residents who prefer a conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Saint Tammany County, Louisiana, approximately 71% of voters leaned Republican in the 2020 presidential election, whereas around 27% supported the Democratic candidate. Other parties, including the Libertarian and Green parties, garnered minimal support with the Libertarians receiving a little over 1%. This significant lean towards the Republican party suggests a strong conservative presence in the county’s political landscape.
71.13% of voters voted for the Republican party in the 2020 Presidential Election
26.94% of voters voted for the Democrat party in the 2020 Presidential Election
1.33% of voters voted for the Livertarian party in the 2020 Presidential Election
0.59% of voters voted for the Other party in the 2020 Presidential Election
School Data
St. Tammany Parish, Louisiana, has experienced notable shifts in its student-to-teacher ratio over the past decade, with a peak of 24:1 in 2021 and a low of 13:1 in 2016. Recent ratios slightly above the national average could influence real estate decisions, as elevated ratios might suggest challenges in classroom management and individualized attention. These educational aspects are likely to affect community appeal and, consequently, property demand and market... Read more
Student-to-teacher ratio in St. Tammany Parish, Louisiana over the last 10 years
Over the last decade, the student-to-teacher ratio in St. Tammany Parish, Louisiana has shown some notable fluctuations, peaking at twenty-four students per teacher in 2021 and bottoming out at thirteen in 2016. Although recent years have seen ratios slightly above the national average of fourteen, the variability could impact decisions for those considering relocating to the area, investing in property, or any educational aspects that affect overall community appeal. Elevated ratios might suggest potential challenges in classroom management and individualized attention, thus influencing local real estate demand and market evaluations.