Winn Parish Real Estate and Livability Trends
Winn Parish, Louisiana has seen its median home value climb from $71,700 in 2016 to $98,100 in 2022, underlining a still-affordable market compared to broader averages. Real estate tax hikes, from $938.46 in 2012 to $1,800.00 in 2021, could affect its attractiveness to investors. Property crime improvements, with burglary incidents dropping from 46 in 2018 to 3 by 2021, and a rise in Residential... Read more
Winn Parish Market Trends
In Winn Parish, Louisiana, housing market trends over the past eight years have shown the median home value rising from $71,700 in 2016 to $98,100 in 2022, highlighting its affordability compared to state and national averages. Notably, the Residential Energy Tax Credit per tax return has seen a significant increase, jumping from $328.57 in 2013 to $966.67 in 2021, suggesting growing... Read more
Median Value of Occupied Housing Units in Winn Parish, Louisiana Over the Last 8 Years
Over the past eight years, Winn Parish, Louisiana has seen some fluctuations in median home values, with a low of $71,700 in 2016 and a significant increase to $98,100 in 2022. This trend in Winn Parish contrasts sharply with broader state and national trends. While Louisiana has a median value starting at $144,100 in 2015 and rising to $198,300 in 2022, the national median value started at $125,500 in 2015 and reached $179,400 in 2022. For investors or potential homeowners, Winn Parish offers a more affordable entry point compared to both state and national averages.
Residential Energy Tax Credit Per Tax Return in Winn Parish, LA Over the Last 7 Years
Over the last seven years in Winn Parish, Louisiana, the Residential Energy Tax Credit per tax return has shown significant variability, with a notable increase in recent years. Between 2013 and 2015, the average credit jumped from approximately $328.57 to $840.00, reflecting potential policy changes or increases in residential energy efficiency investments. After a dip in 2016 to around $433.33, the credit value remained relatively steady until another steep rise to about $966.67 in 2021. This data could imply growing opportunities for energy-efficient home improvements, making Winn Parish potentially attractive for homeowners looking to benefit from energy-related tax incentives.
Average Real Estate Taxes Per Tax Return in Winn Parish, LA Over the Last 10 Years
Over the past decade in Winn Parish, Louisiana, average real estate taxes per tax return have shown notable fluctuations. The trend indicates a significant upswing from $938.46 in 2012 to $1,800.00 by 2021, with pronounced spikes around 2017 ($1,263.41) and 2019 ($1,760.00). This escalation can have various implications for potential investors, homebuyers, and property developers, influencing both the affordability and the attractiveness of the area. Appraisers and insurance agents might find these trends crucial for assessing property values and premium calculations, while real estate agents could use this data to advocate for or against the investment viability of the region contingent on fiscal prudence and projected returns.
Percentage of Farm Returns in Winn Parish, LA Over the Last 10 Years
Over the last decade in Winn Parish, Louisiana, farm tax returns have gradually increased, starting at approximately 3.28% in 2012 and reaching around 4.36% by 2021. Farm tax returns indicate the proportion of tax filings that are specifically from agricultural activities. This slow yet steady rise suggests a growing presence or profitability of farming operations in the area. For investors, this trend may hint at improving local agricultural conditions, while builders and individuals looking to move might find opportunities in this evidently strengthening farming sector.
Number of Mortgages by Occupancy Type in Winn Parish, LA Over the Last 5 Years in Winn Parish
In Winn Parish, Louisiana, there's been a noticeable trend in the types of properties being mortgaged over the last five years, with the bulk consistently leaning towards principal residences. While there is modest interest in investment properties, second residences have seen minimal engagement. This distribution suggests that potential investors and real estate developers might find the primary market in owner-occupied homes, indicating a stable, potentially less volatile investment environment. Appraisers and insurance agents should note the dominant residential occupancy, as it affects property valuation and risk assessments. This trend underscores a predominance of community-centric growth rather than a surge in rental or vacation properties.
Economic Outlook
Winn Parish, Louisiana has experienced notable fluctuations in average taxable incomes over the past nine years, highlighted by peaks in 2014 ($52,275.00) and 2021 ($52,925.53), and a dip in 2016 to $46,939.26. The post-2016 recovery underscores resilience, potentially making the area appealing to investors and developers. Average state and local income taxes have almost doubled from $4,293.06 in 2017 to about $8,566.67 in 2021, possibly reflecting economic growth or tax changes. The average... Read more
Average Taxable Income per Tax Return in Winn Parish, LA over the last 9 years
Winn Parish, Louisiana has seen fluctuating average taxable incomes over the past nine years, with peaks in 2014 ($52,275.00) and 2021 ($52,925.53). Interestingly, 2016 marked a notable dip to $46,939.26, suggesting possible economic changes or shifts in local employment trends. The general recovery post-2016 highlights resilience, making Winn Parish potentially attractive for investors and property developers who might benefit from understanding these income patterns. Such insights are crucial for appraisers, real estate agents, and insurance agents as they reflect the economic health and potential growth of the area.
Average State and Local Income Taxes Per Tax Return in Winn Parish, LA Over the Last 10 Years
Over the past decade, Winn Parish, Louisiana has seen fluctuations in average state and local income taxes per tax return, with a significant increase in recent years. From a low of $4,293.06 in 2017, the amount has nearly doubled by 2021, reaching approximately $8,566.67. This rising trend might suggest economic growth or changing tax regulations, both of which could impact those considering investing in or moving to the area.
Average Total Tax Liability Per Tax Return in Winn Parish, LA Over the Last 10 Years
Winn Parish, Louisiana has seen fluctuations in average total tax liability per tax return over the past decade, with peaks in 2015 at $7363.25 and troughs in 2020 at $6540.57. Although there's variability, the general trend suggests a moderately stable tax environment with occasional dips and rises. For potential investors or those looking to build property, this data might hint at economic shifts and can be indicative of the local fiscal climate. This knowledge can help appraisers, insurance agents, and real estate professionals gauge economic health and make more informed decisions.
Cost of Living in Winn Parish
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,023 | $1,399 | $2,335 | $951 | $1,155 |
| 1 adult 4 children | $1,023 | $1,143 | $1,790 | $951 | $1,243 |
| 2 adults 3 children | $1,023 | $1,143 | $2,024 | $951 | $896 |
| 1 adult 3 children | $1,023 | $933 | $1,479 | $951 | $974 |
| 2 adults 2 children | $740 | $936 | $1,713 | $828 | $767 |
| 1 adult 2 children | $740 | $699 | $1,168 | $828 | $692 |
| 2 adults 1 child | $740 | $740 | $1,402 | $427 | $712 |
| 1 adult 1 child | $740 | $478 | $856 | $427 | $577 |
| 2 adults | $579 | $594 | $1,090 | $0 | $611 |
| 1 adult | $567 | $324 | $545 | $0 | $515 |
Safety trends & Data
In Winn Parish, Louisiana, property crime trends over the last five years have shown notable improvements that could appeal to investors and prospective residents. Burglary incidents plummeted from 46 in 2018 to just 3 by 2021, while larceny-theft saw an even steeper decline, dropping from 53 cases in 2018 to only 2 in 2022. Although vandalism peaked at 14 incidents in 2020, it fell to 3 by 2022. Motor vehicle theft remained stable, averaging 2 to 4 cases annually. This general reduction in... Read more
Property Crime Trends in Winn Parish, LA Over the Last 5 Years
Over the last five years in Winn Parish, Louisiana, property crime trends reveal significant fluctuations. Notably, burglary and larceny-theft have seen substantial declines, with burglary dropping from 46 incidents in 2018 to just 3 in 2021. Similarly, larceny-theft decreased from 53 cases in 2018 to 2 in 2022. Vandalism showed an inconsistent pattern, peaking at 14 incidents in 2020 but dropping to 3 by 2022. Motor vehicle theft remained relatively stable, hovering around 2 to 4 cases annually. This data suggests a generally positive trend in reducing property crimes, which could be appealing for investors, prospective residents, and real estate professionals monitoring the area's safety and property values.
Demographics
Winn Parish, Louisiana's adult population shows a slight male majority, pointing to gender balance generally held within similar regions. Educational attainment levels suggest the population may lean towards high school graduates and those with some college experience, revealing potential workforce trends and opportunities for educational and business investments. The age distribution notably skews towards working-age adults, particularly those in their late 20s to mid-30s, which could be a... Read more
Race Distribution in Winn Parish, Louisiana (2022)
Educational Attainment in Winn Parish, Louisiana (2022)
Age Distribution in Winn Parish, Louisiana
Citizen Population in Winn Parish, Louisiana (2022)
Political Trends & Data
Winn County, Louisiana, leaned heavily Republican in the 2020 Presidential Election, with approximately 74% of the votes. Democrats trailed significantly, capturing just under 25%. Minor party influence was negligible, accounting for around 1% of the vote. This trend suggests a predominantly conservative voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Winn County, Louisiana, the 2020 Presidential Election saw a strong Republican leaning with approximately 74% of the votes. Democrats captured nearly a quarter of the vote, making up just under 25%. Minor parties like the Libertarian and other smaller groups had minimal impact, collectively garnering around 1% of the votes. This voting pattern could indicate a predominant conservative base in the county.
74.20% of voters voted for the Republican party in the 2020 Presidential Election
24.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.58% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Winn Parish, Louisiana has seen dramatic swings in its student-to-teacher ratio, from a low of 12 in 2016 to nearly 19 in more recent years. With the current ratio well above the national average of 14, questions about the adequacy of educational resources might surface. This is particularly relevant for potential investors and families who value smaller class sizes for better student support, as it could impact both property values and overall... Read more
Student-to-teacher ratio in Winn Parish, Louisiana over the last 10 years
Over the past decade, Winn Parish, Louisiana has experienced fluctuations in its student-to-teacher ratio, ranging from a low of 12 students per teacher in 2016 to highs approaching 19 students per teacher in recent years. These variations are significant when considering investments in property or evaluating educational opportunities, as smaller class sizes are often seen as indicative of better individual student attention and support. With the current ratio hovering around 19, well above the national average of 14, potential investors, residents, and education professionals might raise concerns about the adequacy of educational resources and whether this trend affects property values or desirability for families prioritizing education.
