Tensas Parish Real Estate and Livability Trends
Tensas Parish, Louisiana has experienced significant fluctuations in economic indicators, housing market, education resources, and property crime rates. Average taxable income has generally risen, hitting $53,002.61 in 2021, while related taxes increased to over $10,000.00. Median home values peaked at $84,200 in 2021 but fell to $78,300 by 2022. Real estate taxes spiked at $4,833.33 in 2020,... Read more
Tensas Parish Market Trends
Median home values in Tensas Parish, Louisiana, have oscillated significantly, peaking at $84,200 in 2021 before dipping to $78,300 in 2022. This sharp rise and fall contrast sharply with the steadier state and national trends, suggesting a potentially volatile yet rewarding investment environment. Meanwhile, real estate taxes have skyrocketed, peaking at $4,833.33 in 2020, which could impact... Read more
Median Value of Occupied Housing Units in Tensas Parish, Louisiana Over the Last 8 Years
Median home values in Tensas Parish, Louisiana have experienced substantial fluctuations over the past eight years, rising from $54,200 in 2015 to a peak of $84,200 in 2021 before dipping to $78,300 in 2022. This trajectory, characterized by a significant surge between 2019 ($66,400) and 2021 ($84,200), contrasts sharply with the more stable and higher-ranking state and national trends. While Louisiana’s state median value climbed from $144,100 in 2015 to $198,300 in 2022, and the national median saw a steady increase from $125,500 to $179,400 in the same period, Tensas Parish's market might appeal to those seeking a more volatile yet potentially rewarding real estate investment environment.
Average Real Estate Taxes Per Tax Return in Tensas Parish, LA Over the Last 10 Years
Over the past decade, Tensas Parish, Louisiana has seen a notable increase in average real estate taxes per tax return. From $1,646.67 in 2012, taxes peaked at $4,833.33 in 2020 before slightly dipping to $4,350.00 in 2021. Potential investors and homebuyers should be aware of this upward trend, as it may significantly impact their long-term financial planning. This climb in taxes could influence property valuation, insurance premiums, and overall cost of living, making it a crucial consideration for all stakeholders involved in the Tensas Parish real estate market.
Percentage of Farm Returns in Tensas Parish, LA Over the Last 10 Years
Farm tax returns in Tensas Parish, Louisiana, reflect a degree of volatility over the last decade, ranging from 4.81% to 6.83%. These fluctuations in the percentage of farm returns indicate changing economic conditions for local farms. Particularly notable was a peak in 2018 at 6.83% and a low at 4.81% in 2020. This data is crucial for potential investors, property developers, or residents, as it offers insights into the agricultural economy's stability and growth prospects in the region.
Number of Mortgages by Occupancy Type in Tensas Parish, LA Over the Last 5 Years in Tensas Parish
Tensas Parish, Louisiana, has shown fluctuating trends in mortgage counts by occupancy type over the recent years. Principal residences consistently had the highest number of mortgages, peaking in 2020 with 115. Notably, there's been a marked decrease in these counts, dropping to 57 in 2022. Investment properties and second residences had relatively lower figures, but they exhibited some growth by the end of the observed period. This shift in mortgage distribution might suggest changing housing demands or investment dynamics, which could interest real estate agents, appraisers, and investors looking to understand local market behaviors or capitalize on emerging opportunities. Such data is invaluable for those assessing property values, risk, or potential in Tensas Parish.
Economic Outlook
Over the past nine years, Tensas Parish in Louisiana has seen fluctuations in the average taxable income per tax return, with a gradual upward trend emerging. After hitting a low in 2015 at approximately $39,608.79, the average taxable income has generally increased, peaking at around $53,002.61 in 2021. Taxes in Tensas Parish have also shown notable volatility but an upward trend, with values jumping from $7,700.00 in 2018 to over $10,000.00 by 2021. Meanwhile, variations in average total tax... Read more
Average Taxable Income per Tax Return in Tensas Parish, LA over the last 9 years
Over the past nine years, Tensas Parish in Louisiana has seen fluctuations in the average taxable income per tax return, with a gradual upward trend emerging. After hitting a low in 2015 at approximately $39,608.79, the average taxable income has generally increased, peaking at around $53,002.61 in 2021. This data could suggest a growing economic stability or possibly higher earning opportunities in the parish, which might be appealing for potential investors and property developers. Whether you're considering moving to the area, involved in real estate, or assessing the economic landscape, this upward trend in average taxable income is a positive indicator worth noting.
Average State and Local Income Taxes Per Tax Return in Tensas Parish, LA Over the Last 10 Years
Taxes in Tensas Parish, Louisiana, show a notable volatility with an upward trend over the past decade. The sharp increases, especially from 2018 to 2021, where values jumped from $7,700.00 to over $10,000.00, could indicate economic shifts or policy changes impacting residents. This trajectory may be a crucial consideration for potential investors, developers, and new residents evaluating the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Tensas Parish, LA Over the Last 10 Years
Tensas Parish, Louisiana has shown fluctuations in average total tax liability per tax return over the past decade, ranging from $7,577.78 in 2015 to $9,579.66 in 2013. While 2015 marked a low, there was a notable increase again by 2017, with the liability settling at around $9,125.93 by 2021. These variations might indicate economic shifts or changes in property values, impacting those analyzing the financial viability of investing or living in Tensas Parish. The steady rise through 2020 and slight dip in 2019 reflect a somewhat volatile tax environment, crucial for real estate agents, appraisers, and investors to monitor closely.
Cost of Living in Tensas Parish
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,052 | $1,327 | $2,335 | $1,043 | $1,201 |
1 adult 4 children | $1,052 | $1,084 | $1,790 | $1,043 | $1,304 |
2 adults 3 children | $1,052 | $1,084 | $2,024 | $1,043 | $940 |
1 adult 3 children | $1,052 | $885 | $1,479 | $1,043 | $1,035 |
2 adults 2 children | $740 | $887 | $1,713 | $911 | $791 |
1 adult 2 children | $740 | $663 | $1,168 | $911 | $733 |
2 adults 1 child | $740 | $701 | $1,402 | $484 | $730 |
1 adult 1 child | $740 | $453 | $856 | $484 | $597 |
2 adults | $562 | $563 | $1,090 | $0 | $607 |
1 adult | $558 | $307 | $545 | $0 | $513 |
Safety trends & Data
Tensas Parish, Louisiana has seen fluctuating property crime trends over the past five years, with burglary incidents peaking at 6.0 reports in 2019, declining by 2020, and rising slightly to 4.0 by 2022. Larceny-theft incidents sharply increased in 2021 to 11.0, posing potential concerns for both local communities and prospective investors. Although vandalism and possession of stolen property remain relatively low and consistent, these trends suggest ongoing challenges with minor property... Read more
Property Crime Trends in Tensas Parish, LA Over the Last 5 Years
Over the past five years, Tensas Parish, Louisiana has experienced fluctuating property crime trends. Burglary incidents peaked in 2019 with 6.0 reports and saw a notable decline by 2020, before slightly rising again by 2022 with 4.0. Larceny-theft incidents showed a sharp increase in 2021, reaching 11.0, which could be a concern for local communities and prospective investors. Vandalism and possession of stolen property remain relatively low but consistent, hinting at ongoing challenges with minor property crimes. For those looking to invest, live, or work in property sectors here, understanding these crime trends can provide valuable insights for making informed decisions.
Demographics
Tensas Parish, Louisiana features a nearly balanced gender ratio, with a slightly higher number of females. The educational attainment data shows a significant portion of the population having completed only a high school education or some college without a degree. The age distribution skews towards older demographics, with a noticeable number of residents aged 55 and above. Racially, the community is predominantly Black or African American and White, with minimal representation from other... Read more
Race Distribution in Tensas Parish, Louisiana (2022)
Educational Attainment in Tensas Parish, Louisiana (2022)
Age Distribution in Tensas Parish, Louisiana
Citizen Population in Tensas Parish, Louisiana (2022)
Political Trends & Data
Tensas County, Louisiana exhibited a somewhat competitive political climate in the 2020 U.S. Presidential Election, with approximately 52% of voters leaning towards the Democratic Party and about 47% supporting the Republican Party. Minor parties, such as the Libertarians, captured only a small fraction of the vote. This runoff suggests that while the county might traditionally lean Democratic, Republican influence remains significant, setting the stage for potentially tight future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Tensas County, Louisiana, the 2020 U.S. Presidential Election leaned slightly towards the Democratic Party with an estimated 52% of the vote. The Republican Party garnered nearly 47%, while minor parties like the Libertarians and others captured a small fraction of the electorate. This voting pattern hints at a relatively competitive political landscape, though Democrats seemed to have a slight edge.
46.87% of voters voted for the Republican party in the 2020 Presidential Election
52.04% of voters voted for the Democrat party in the 2020 Presidential Election
0.43% of voters voted for the Livertarian party in the 2020 Presidential Election
0.67% of voters voted for the Other party in the 2020 Presidential Election
School Data
Tensas Parish, Louisiana has experienced notable fluctuations in its student-to-teacher ratio over the last decade, moving from a low of 8 students per teacher in 2016 to a peak of 17 in 2020. As it currently sits around 14.6, this volatility could signal important trends for those considering moving to or investing in the area. Lower ratios might imply more personalized student attention, while higher ratios may suggest challenges in resource allocation. These dynamics are crucial for... Read more
Student-to-teacher ratio in Tensas Parish, Louisiana over the last 10 years
Over the past decade, Tensas Parish, Louisiana has seen its student-to-teacher ratio fluctuate significantly, ranging from a low of 8 students per teacher in 2016 to a high of 17 in 2020. Currently, the ratio sits around 14.6, closely aligning with the national average of 14. This volatility can hold implications for educational quality and investment decisions; lower ratios might suggest more personalized attention for students, whereas higher ratios could raise concerns about resource allocation and classroom management. For those looking to move to, invest in, or build property in the parish, these trends may inform decisions on the area's educational infrastructure, potentially impacting property values and community engagement. Real estate agents and insurance agents might also note these changes to better advise their clients, while appraisers could consider how the quality of education might influence asset valuation.