Tangipahoa Parish Real Estate and Livability Trends
Tangipahoa Parish, Louisiana, highlights intriguing economic growth trends with a rise in average taxable income per return reaching $61,310.50 in 2021, and a notable increase in median home values hitting $193,300 in 2022, surpassing both national and state medians. Real estate taxes peaking at $2,123.70 in 2021 suggest growing demand or changing tax frameworks, making it a hotspot for... Read more
Tangipahoa Parish Market Trends
In Tangipahoa Parish, Louisiana, the median home values have risen impressively, hitting $193,300 in 2022, suggesting a potentially lucrative market as it surpasses both the national and state medians. Residential energy tax credits have seen peaks and troughs, with notable highs around $1,800.00 in 2018, possibly reflecting shifts in local energy policies and incentives. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Tangipahoa Parish, Louisiana Over the Last 8 Years
In Tangipahoa Parish, Louisiana, the median home values have increased significantly over the past eight years, reaching $193,300 in 2022. This trend exceeds the national median, which was $179,400 in 2022, indicating a potentially lucrative market for investors and those considering property development in the area. When compared to Louisiana's state median of $198,300 in 2022, Tangipahoa Parish shows competitive growth, making it an attractive option for prospective homebuyers and real estate developers.
Residential Energy Tax Credit Per Tax Return in Tangipahoa Parish, LA Over the Last 9 Years
Over the past nine years, Tangipahoa Parish, Louisiana has experienced notable fluctuations in the average Residential Energy Tax Credit per tax return, with highs nearing $1,800.00 in 2018 and lows around $630.00 in 2016. These variations might suggest changes in local energy policies, tax incentives, or resident participation in energy-efficient improvements. Such data can be crucial for investors, insurance agents, and real estate professionals to gauge the potential financial benefits tied to energy efficiency trends within properties in the area.
Average Real Estate Taxes Per Tax Return in Tangipahoa Parish, LA Over the Last 10 Years
Over the last decade, Tangipahoa Parish, Louisiana, has seen a noticeable rise in average real estate taxes per tax return. Starting at approximately $1,226.36 in 2012, there were modest fluctuations until a significant jump occurred in 2017, reaching about $1,446.84. The upward trend became more pronounced from 2018 onwards, peaking at $2,123.70 in 2021. This consistent increase could suggest a rising demand in the area or changes in local tax policies, which might interest potential investors, real estate agents, and property builders looking for growth regions.
Percentage of Farm Returns in Tangipahoa Parish, LA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Tangipahoa Parish, Louisiana has shown mild fluctuations, peaking at approximately 2.51% in 2018 and dipping to around 2.20% in 2020. Most years hover around the 2.3% mark, indicating relative stability despite some minor year-to-year variations. Farm tax returns represent the portion of income tax filings primarily generated from agricultural activities, reflecting the economic engagement and viability of the farming sector. For investors and property developers, consistent farm returns suggest steady agricultural activity, which could signal economic stability in rural segments of Tangipahoa Parish. This data could be pivotal for strategic planning in areas that rely on or benefit from agricultural infrastructure and support services.
Number of Mortgages by Occupancy Type in Tangipahoa Parish, LA Over the Last 5 Years in Tangipahoa Parish
Mortgage types in Tangipahoa Parish, Louisiana have shown some notable trends over the past five years. Principal residences dominate the mortgage landscape, peaking at 9251 in 2021 before dropping sharply to 6516 in 2022. Investment properties have seen more modest fluctuation, with counts between 346 and 463. Second residences remain a small fraction of the market, with numbers consistently below 100. Changes in occupancy type can signal shifts in investment behavior, market stability, and housing demand. This information is crucial for investors, realtors, and insurance agents who may need to adjust their strategies based on the evolving dynamics of residential property ownership in the parish.
Economic Outlook
Tangipahoa Parish, Louisiana, has seen a notable rise in average taxable income per tax return, jumping from $47,205.32 in 2013 to a peak of $61,310.50 in 2021. This upward trend could hint at economic growth or changes in resident earnings, making it an intriguing point for investors and real estate agents. State and local income taxes have also fluctuated, nearly doubling in a decade likely impacting cost-of-living evaluations. Additionally, the average total tax liability per return has seen... Read more
Average Taxable Income per Tax Return in Tangipahoa Parish, LA over the last 9 years
Tangipahoa Parish, Louisiana, has seen notable fluctuation in average taxable income per tax return over the past nine years, peaking recently at $61,310.50 in 2021 from $47,205.32 in 2013. The general upward trend, especially the significant increase in 2021, might suggest a growing local economy or shifts in the earning patterns of residents. Investors, developers, and real estate agents could see this as a positive signal for economic growth and potential opportunities. Appraisers and insurance agents, similarly, might consider these upward movements in estimations and risk assessments.
Average State and Local Income Taxes Per Tax Return in Tangipahoa Parish, LA Over the Last 10 Years
Tangipahoa Parish, Louisiana, has seen notable fluctuations in average state and local income taxes per tax return over the past decade. Starting from approximately $4,091.03 in 2012, it peaked dramatically in 2020 at around $8,531.77, with a further slight increase to $8,792.09 by 2021. This could potentially indicate shifts in the local economy or tax policies, which might be pivotal for potential investors or new residents evaluating the cost of living and fiscal environment.
Average Total Tax Liability Per Tax Return in Tangipahoa Parish, LA Over the Last 10 Years
Over the past decade in Tangipahoa Parish, Louisiana, the average total tax liability per tax return has fluctuated with noticeable trends. While 2016 exhibited a significant rise to $8747.29, the years following saw a dip to as low as $7596.85 in 2020. However, there's been a substantial rebound in 2021 with the average tax liability per return jumping to $9786.21. These variations could be critical for potential property investors and real estate agents to understand, as they reflect shifting economic conditions and possibly changing tax regulations in the parish.
Cost of Living in Tangipahoa Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,212 | $1,464 | $2,331 | $1,048 | $1,303 |
| 1 adult 4 children | $1,212 | $1,195 | $1,786 | $1,048 | $1,442 |
| 2 adults 3 children | $1,212 | $1,196 | $2,021 | $1,048 | $1,055 |
| 1 adult 3 children | $1,212 | $976 | $1,476 | $1,048 | $1,165 |
| 2 adults 2 children | $996 | $979 | $1,711 | $908 | $903 |
| 1 adult 2 children | $996 | $731 | $1,166 | $908 | $885 |
| 2 adults 1 child | $996 | $774 | $1,401 | $454 | $833 |
| 1 adult 1 child | $996 | $500 | $856 | $454 | $685 |
| 2 adults | $780 | $622 | $1,091 | $0 | $687 |
| 1 adult | $775 | $339 | $545 | $0 | $584 |
Safety trends & Data
Property crimes in Tangipahoa Parish, Louisiana, have shown unique trends over the past five years, potentially impacting property values and insurance premiums. Larceny-theft peaked at around 929.00 cases in 2019 but dipped to 555.00 in 2020 before rising to 631.00 in 2022. Burglary significantly declined from 226.00 in 2019 to 125.00 in 2022, while embezzlement cases spiked to 20.00 in 2022. These fluctuations make Tangipahoa Parish an intriguing area for investors and residents focused on... Read more
Property Crime Trends in Tangipahoa Parish, LA Over the Last 5 Years
Over the past five years in Tangipahoa Parish, Louisiana, property crimes show interesting fluctuations. Larceny-theft has consistently led the pack, peaking at around 929.00 cases in 2019 and dipping notably in 2020 to 555.00, before rising again in 2022 to 631.00. Burglary also saw a significant drop, declining from 226.00 in 2019 to 125.00 in 2022. Motor vehicle theft remained relatively stable but saw a slight decrease by 2022. Crimes like fraud and vandalism experienced varied changes, with embezzlement notably spiking to 20.00 cases in 2022. These trends might impact property values and insurance premiums, making Tangipahoa Parish an interesting case for potential investors and residents considering safety and economic conditions.
Demographics
Tangipahoa Parish, Louisiana shows a modestly higher female population compared to males. Educational attainment levels reveal a significant portion of the adult population has completed high school or some college, although fewer hold graduate or professional degrees. The age distribution leans towards younger adults with a notable segment under 35. Racial demographics highlight a predominantly White community, with Black or African American populations forming the next largest group, while... Read more
Race Distribution in Tangipahoa Parish, Louisiana (2022)
Educational Attainment in Tangipahoa Parish, Louisiana (2022)
Age Distribution in Tangipahoa Parish, Louisiana
Citizen Population in Tangipahoa Parish, Louisiana (2022)
Political Trends & Data
Tangipahoa Parish in Louisiana seemingly leaned heavily Republican in the 2020 U.S. Presidential Election, with an estimated 65.6% of votes favoring the GOP. Democrats garnered around 32.8%, while minor parties collectively made up just over 1.6%. This may indicate a strong Republican alignment, possibly influencing local and state-level political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Tangipahoa Parish in Louisiana seemingly leaned heavily Republican in the 2020 U.S. Presidential Election, with an estimated 65.6% of the votes favoring the GOP. Democrats garnered approximately 32.8% of the vote, indicating a notable but smaller base of support. Libertarian and other minor parties appeared to have negligible influence, collectively making up a little over 1.6% of the votes. This data might suggest that Tangipahoa has a significant Republican alignment that possibly plays a role in shaping local and state-level political dynamics.
65.57% of voters voted for the Republican party in the 2020 Presidential Election
32.76% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.66% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Tangipahoa Parish, Louisiana has shown significant fluctuations in its student-to-teacher ratio, peaking at nearly 17 students per teacher in 2014, dipping to about 12 around 2016-2017, and climbing to roughly 19 by 2023. Given that this recent ratio surpasses the national average of 14, it could imply larger class sizes, possibly affecting individualized attention in classrooms. Such trends matter for investors in educational services, real estate professionals targeting... Read more
Student-to-teacher ratio in Tangipahoa Parish, Louisiana over the last 10 years
Over the past decade, Tangipahoa Parish, Louisiana has seen noteworthy fluctuations in its student-to-teacher ratio. From a high of nearly 17 students per teacher in 2014, the ratio dipped to approximately 12 in 2016 and 2017 before rising again to about 19 in 2023. This recent average is higher than the US national average of 14, potentially indicating larger class sizes that might affect individualized attention. Such variability could impact decisions for investors in educational services, real estate agents marketing to families, and appraisers assessing property values influenced by school quality. Understanding these trends is crucial for anyone with a stake in the community's educational infrastructure.
