The typical owner-occupied home in Pierre Part is worth about $176,000, 19% below the Louisiana median of $216,500 and 47% below the national median of $332,700. Owners pay a median $692 a year in property taxes, about 0.39% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $60,144 a year, so the median home costs 2.9 times the median income (3.6 times for Louisiana). 93% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.
Pierre Part at a glance
| Pierre Part | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $176,000 | $216,500 | $332,700 |
| Median property tax paid per year | $692 | $1,180 | $3,119 |
| Property tax as a share of value | 0.39% | 0.55% | 0.94% |
| Median household income | $60,144 | $60,756 | $80,734 |
| Homes lived in by their owners | 93% | 67% | 65% |
| Owner homes with a mortgage | 34% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,313 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 16.0% | 20.4% | 21.0% |
| Median rent | – | $1,064 | $1,413 |
| Rent as a share of renters' income | 51.0% | 32.8% | 30.6% |
| Median year homes were built | 1988 | 1983 | 1980 |
| Vacant homes | 10.2% | 14.4% | 10.1% |
| Population | 2,308 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Pierre Part
At this week's average 30-year rate of 7.11%, buying the median Pierre Part home of $176,000 with 20% down costs about $1,078 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,371, 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 $46,187 for the 20%-down payment. That payment is 22% of the median Pierre Part household income of $60,144; at that income and 20% down, the 28% guideline points to a home of about $229,000.
| Down payment | $35,200 |
|---|---|
| Loan amount | $140,800 |
| Principal and interest | $947 |
| Property taxes (0.39% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,078 |
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| Down payment | $6,160 |
|---|---|
| Loan amount | $172,812 |
| Principal and interest | $1,163 |
| Property taxes (0.39% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $78 |
| Total per month | $1,371 |
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Questions about home buying in Pierre Part
What is the median home value in Pierre Part?
About $176,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pierre Part?
Homeowners pay a median $692 a year, which is about 0.39% 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 Pierre Part?
For the median home with 20% down at 7.11%, the payment is about $1,078 a month. Keeping that under 28% of gross income takes about $46,187 a year.
More about Pierre Part
- Mortgage Refinance in Pierre Part
- Debt Relief in Pierre Part
- Home Equity Loans in Pierre Part
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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