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Buying a home in Paincourtville, Louisiana

The typical owner-occupied home in Paincourtville is worth about $86,900, 60% below the Louisiana median of $216,500 and 74% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.23% of their home's value, lower than the Louisiana rate of 0.55%. 79% of occupied homes here are lived in by their owners, and 10% of those owners still have a mortgage.

Paincourtville at a glance

Paincourtville Louisiana U.S.
Median home value $86,900 $216,500 $332,700
Median property tax paid per year $199 $1,180 $3,119
Property tax as a share of value 0.23% 0.55% 0.94%
Median household income – $60,756 $80,734
Homes lived in by their owners 79% 67% 65%
Owner homes with a mortgage 10% 52% 61%
Median monthly costs, owners with a mortgage $2,230 $1,604 $1,963
Those costs as a share of the owners' income 17.5% 20.4% 21.0%
Median rent – $1,064 $1,413
Median year homes were built 1994 1983 1980
Vacant homes 3.8% 14.4% 10.1%
Population 1,008 4,611,961 334,922,499

What a typical home costs per month in Paincourtville

At this week's average 30-year rate of 7.11%, buying the median Paincourtville home of $86,900 with 20% down costs about $521 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $665, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $22,308 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$17,380
Loan amount$69,520
Principal and interest$468
Property taxes (0.23% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$36
PMI$0
Total per month$521

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3.5% down, 30-year FHA loan
Down payment$3,042
Loan amount$85,326
Principal and interest$574
Property taxes (0.23% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$36
FHA mortgage insurance$38
Total per month$665

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Questions about home buying in Paincourtville

What is the median home value in Paincourtville?

About $86,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Paincourtville?

Homeowners pay a median $199 a year, which is about 0.23% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Paincourtville?

For the median home with 20% down at 7.11%, the payment is about $521 a month. Keeping that under 28% of gross income takes about $22,308 a year.

More about Paincourtville

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data