The typical owner-occupied home in Belcher is worth about $170,800, 21% below the Louisiana median of $216,500 and 49% below the national median of $332,700. The median household earns $90,000 a year, so the median home costs 1.9 times the median income (3.6 times for Louisiana). 85% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Belcher at a glance
| Belcher | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $170,800 | $216,500 | $332,700 |
| Median property tax paid per year | – | $1,180 | $3,119 |
| Median household income | $90,000 | $60,756 | $80,734 |
| Homes lived in by their owners | 85% | 67% | 65% |
| Owner homes with a mortgage | 46% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,594 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 16.5% | 20.4% | 21.0% |
| Median rent | $1,109 | $1,064 | $1,413 |
| Rent as a share of renters' income | 16.5% | 32.8% | 30.6% |
| Median year homes were built | 1974 | 1983 | 1980 |
| Vacant homes | 17.5% | 14.4% | 10.1% |
| Population | 204 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Belcher
At this week's average 30-year rate of 7.11%, buying the median Belcher home of $170,800 with 20% down costs about $1,147 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,431, 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 $49,154 for the 20%-down payment. That payment is 15% of the median Belcher household income of $90,000; at that income and 20% down, the 28% guideline points to a home of about $313,000.
The median rent here is $1,109 a month, so owning the median home costs about $38 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,160 |
|---|---|
| Loan amount | $136,640 |
| Principal and interest | $919 |
| Property taxes (1.10% a year) | $157 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,147 |
Change the numbers in the calculator
| Down payment | $5,978 |
|---|---|
| Loan amount | $167,706 |
| Principal and interest | $1,128 |
| Property taxes (1.10% a year) | $157 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $76 |
| Total per month | $1,431 |
Change the numbers in the calculator
Questions about home buying in Belcher
What is the median home value in Belcher?
About $170,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Belcher?
For the median home with 20% down at 7.11%, the payment is about $1,147 a month. Keeping that under 28% of gross income takes about $49,154 a year.
More about Belcher
- Mortgage Refinance in Belcher
- Debt Relief in Belcher
- Home Equity Loans in Belcher
- 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