Webster Parish Real Estate and Livability Trends
Webster Parish, Louisiana, has exhibited an upward trend in average taxable income per tax return, climbing from $45,462.26 in 2013 to $55,387.41 by 2021, despite a temporary dip during the COVID-19 pandemic. Median home values have modestly risen from $81,800 in 2015 to $100,100 in 2022, maintaining a level of affordability. Residential energy tax credits and increased real estate taxes suggest... Read more
Webster Parish Market Trends
Median home values in Webster Parish, Louisiana have climbed modestly from $81,800 in 2015 to $100,100 in 2022, maintaining affordability relative to the state and national averages. Investors and homebuyers might find this attractive given the more rapid price hikes seen elsewhere. Residential energy tax credits also suggest strong adoption of energy-efficient measures, which could impact... Read more
Median Value of Occupied Housing Units in Webster Parish, Louisiana Over the Last 8 Years
Median home values in Webster Parish, Louisiana have seen modest increases over the last eight years, with a jump from $81,800 in 2015 to $100,100 in 2022. This growth has been more gradual compared to the sharp rise from $144,100 to $198,300 observed across Louisiana. However, Webster Parish remains substantially more affordable than the national average, which climbed from $125,500 to $179,400 over the same period. Potential investors and homebuyers in Webster Parish might find these lower prices attractive, especially considering the more rapid price upswing seen both statewide and nationwide.
Residential Energy Tax Credit Per Tax Return in Webster Parish, LA Over the Last 9 Years
Residential energy tax credits in Webster Parish, Louisiana have generally trended upward over the past nine years, suggesting increasing incentives or investments in energy-efficient upgrades. Starting at $478.57 per tax return in 2013, the average credit peaked noticeably in 2018 at $1,572.09, indicating substantial improvements or cost-effective upgrades to residential properties. The relatively high and consistent credits from 2017 onwards, with values mostly above $1,300, hint at a robust adoption of energy-saving measures. For real estate investors, homeowners, insurance agents, and appraisers, this trend could reflect a growing preference for properties with energy-efficient features, possibly affecting property values, insurance costs, and investment viability.
Average Real Estate Taxes Per Tax Return in Webster Parish, LA Over the Last 10 Years
Over the last decade, Webster Parish, Louisiana has seen a steady rise in average real estate taxes per tax return. Starting at around $968.25 in 2012, this amount experienced a significant upward trend, peaking at approximately $2,182.35 in 2019. Even though there was a slight dip after 2019, values remained elevated around $2,029.27 by 2021. This suggests a notable increase in the tax burden for property owners, which investors, real estate agents, and potential buyers might find critical when considering financial planning or property appraisals in the area.
Percentage of Farm Returns in Webster Parish, LA Over the Last 10 Years
The percentage of farm tax returns in Webster Parish, Louisiana, has generally hovered around 3.00% over the past decade, with slight fluctuations. The data seems to suggest a consistent, albeit minor, reliance on agriculture within the local economy. Investors, property developers, or those considering moving to the area might find these trends modest but stable, indicating predictable agricultural activity. However, the relatively stable percentages could signal limited growth potential in the agricultural sector, which could be a consideration for those looking into agribusiness opportunities.
Number of Mortgages by Occupancy Type in Webster Parish, LA Over the Last 5 Years in Webster Parish
Principal residences have seen a consistent upward trend in the number of mortgages in Webster Parish, Louisiana, suggesting a growing demand for primary living spaces. Investment properties, while relatively stable, have not increased at the same rate, indicating perhaps a steadier market for speculative purchases. The negligible count of mortgages for second residences portrays limited interest or affordability in secondary housing. These shifts matter as they can guide investors on where to potentially focus their efforts, hinting at a solid market for family homes. Appraisers and insurance agents might see varying risks and valuations dependent on the increased influx of principal residence buyers, while real estate developers might consider prioritizing affordable primary housing over luxury second homes or rental investments.
Economic Outlook
Webster Parish, Louisiana has shown a generally upward trend in average taxable income per tax return over the past nine years, beginning at $45,462.26 in 2013 and peaking at $55,387.41 by 2021. This could indicate rising wages and economic growth in the area, an appealing factor for investors and new residents. However, 2020 did see a dip to $49,126.14, likely due to the COVID-19 pandemic. Meanwhile, the steady increase in average state and local income taxes, from $3,923.03 in 2012 to... Read more
Average Taxable Income per Tax Return in Webster Parish, LA over the last 9 years
Over the past nine years, Webster Parish in Louisiana has seen a generally upward trend in average taxable income per tax return. Starting at $45,462.26 in 2013, the average increased, peaking at $55,387.41 by 2021. This gradual increase could suggest economic growth or rising wages in the area, which might attract investors or those looking to move to the community. However, fluctuations still occur, as seen in 2020 when the average dipped to $49,126.14 from $51,462.83 in 2019, possibly reflecting economic impacts such as the COVID-19 pandemic. For appraisers, insurance agents, and real estate professionals, these numbers highlight a potentially growing market with increasing household incomes, which can influence property values, insurance rates, and market demand.
Average State and Local Income Taxes Per Tax Return in Webster Parish, LA Over the Last 10 Years
Investment opportunities in Webster Parish, Louisiana are intriguing, with average state and local income taxes per tax return showing notable increases over the past decade. Starting at $3,923.03 in 2012, the taxes have risen significantly to $11,036.00 by 2021, hinting at economic growth and potentially enhanced local services. The sharp spike between 2017 and 2018, peaking at $11,818.37 in 2020, could reflect economic policy changes or shifts in regional prosperity, valuable information for investors and potential residents assessing financial commitments and community support structures.
Average Total Tax Liability Per Tax Return in Webster Parish, LA Over the Last 10 Years
Webster Parish, Louisiana has seen fluctuating trends in average total tax liability per tax return over the last decade, with peaks in 2017 at $8,515.85 and 2021 at $8,774.03. Despite a general upward trend, certain years such as 2013 and 2015 experienced notable dips, hitting lows of $7,573.14 and $7,668.82 respectively. This volatility may suggest economic conditions impacting taxpayers' financial obligations, which could be a consideration for those involved in real estate, investment, and property development.
Cost of Living in Webster Parish
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $999 | $1,319 | $2,233 | $1,109 | $1,086 |
1 adult 4 children | $999 | $1,077 | $1,711 | $1,109 | $1,180 |
2 adults 3 children | $999 | $1,078 | $1,936 | $1,109 | $851 |
1 adult 3 children | $999 | $880 | $1,414 | $1,109 | $923 |
2 adults 2 children | $740 | $882 | $1,638 | $961 | $737 |
1 adult 2 children | $740 | $659 | $1,116 | $961 | $664 |
2 adults 1 child | $740 | $697 | $1,341 | $481 | $672 |
1 adult 1 child | $740 | $450 | $819 | $481 | $546 |
2 adults | $562 | $560 | $1,044 | $0 | $562 |
1 adult | $558 | $305 | $522 | $0 | $481 |
Safety trends & Data
Webster Parish, Louisiana has experienced declining property crime rates over the last five years, which could be appealing to potential investors and residents. Larceny-theft cases dropped sharply from 96 in 2018 to just 12 in 2022, while burglary incidents decreased from 43 to 3 in the same period. Vandalism cases trended downward as well, moving from 14 in 2018 to 7 in 2022. With stable and infrequent fraud and embezzlement cases, this trend may underline a growing sense of security, making... Read more
Property Crime Trends in Webster Parish, LA Over the Last 5 Years
Webster Parish, Louisiana has seen a noticeable decline in property crimes over the last five years. Larceny-theft, consistently the most frequent crime, dropped significantly from 96 cases in 2018 to just 12 in 2022. Burglary incidents also decreased sharply, from 43 in 2018 to a mere 3 in 2022. Vandalism figures fluctuated but generally trended downward, with 14 cases in 2018 and 7 in 2022. Fraud and embezzlement were relatively stable but remained infrequent. These declining crime rates could be appealing for potential investors, residents, and real estate professionals considering Webster Parish.
Demographics
Webster Parish, Louisiana, seems to have a fairly balanced gender distribution among adults, with males slightly outnumbered by females. The educational attainment data indicates a significant portion of the population holds a high school diploma, while college degree attainment is less common, pointing towards potential opportunities for educational outreach programs. The age distribution reveals a substantial proportion of the population is middle-aged to older adults, which could suggest... Read more
Race Distribution in Webster Parish, Louisiana (2022)
Educational Attainment in Webster Parish, Louisiana (2022)
Age Distribution in Webster Parish, Louisiana
Citizen Population in Webster Parish, Louisiana (2022)
Political Trends & Data
Webster County, Louisiana, showed a notable preference for the Republican party in the 2020 Presidential Election, with around 65% of the votes. Meanwhile, the Democratic party secured approximately 34%, and minor parties, including Libertarians, barely made a dent with just over half a percent each. This voting pattern could indicate a robust conservative lean among the county's... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Webster County in Louisiana leaned significantly towards the Republican party in the 2020 U.S. Presidential Election, with roughly 65% of the votes. The Democratic party garnered about 34%, while Libertarians and other parties received minimal support, each barely over half a percent. This trend might suggest a strong conservative presence among voters in this region.
64.94% of voters voted for the Republican party in the 2020 Presidential Election
33.88% of voters voted for the Democrat party in the 2020 Presidential Election
0.65% of voters voted for the Livertarian party in the 2020 Presidential Election
0.52% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Webster Parish, Louisiana has seen some notable changes, shifting from 14 students per teacher in 2016 to 21 in 2019. Recently, it has stabilized around 20, higher than the national average of 14. This trend could affect educational quality and become a consideration for families moving to the area. Investors might see this as a signal for potential growth in educational infrastructure needs, an important factor for future planning. Real estate professionals... Read more
Student-to-teacher ratio in Webster Parish, Louisiana over the last 10 years
The student-to-teacher ratio in Webster Parish, Louisiana has fluctuated over the past decade, ranging from a low of 14 students per teacher in 2016 to a high of 21 in 2019. Recently, the ratio has stabilized around 20 students per teacher, slightly higher than the national average of 14. Higher student-to-teacher ratios can affect the quality of education and individual attention each student receives, which might influence families considering moving to the area. For investors and developers, the trend could signal potential growth in educational infrastructure needs, which might be relevant for future planning. Real estate agents and appraisers could interpret these ratios as indicative of community educational resources, impacting property values and desirability.