The typical owner-occupied home in Jonesville is worth about $112,800, 48% below the Louisiana median of $216,500 and 66% below the national median of $332,700. The median household earns $43,684 a year, so the median home costs 2.6 times the median income (3.6 times for Louisiana). 71% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Jonesville at a glance
| Jonesville | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $112,800 | $216,500 | $332,700 |
| Median property tax paid per year | – | $1,180 | $3,119 |
| Median household income | $43,684 | $60,756 | $80,734 |
| Homes lived in by their owners | 71% | 67% | 65% |
| Owner homes with a mortgage | 35% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,183 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 40.3% | 20.4% | 21.0% |
| Median rent | $1,016 | $1,064 | $1,413 |
| Rent as a share of renters' income | 51.0% | 32.8% | 30.6% |
| Median year homes were built | 1973 | 1983 | 1980 |
| Vacant homes | 32.4% | 14.4% | 10.1% |
| Population | 1,288 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Jonesville
At this week's average 30-year rate of 7.11%, buying the median Jonesville home of $112,800 with 20% down costs about $757 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $945, 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 $32,462 for the 20%-down payment. That payment is 21% of the median Jonesville household income of $43,684; at that income and 20% down, the 28% guideline points to a home of about $152,000.
The median rent here is $1,016 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $22,560 |
|---|---|
| Loan amount | $90,240 |
| Principal and interest | $607 |
| Property taxes (1.10% a year) | $103 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $757 |
Change the numbers in the calculator
| Down payment | $3,948 |
|---|---|
| Loan amount | $110,757 |
| Principal and interest | $745 |
| Property taxes (1.10% a year) | $103 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $50 |
| Total per month | $945 |
Change the numbers in the calculator
Questions about home buying in Jonesville
What is the median home value in Jonesville?
About $112,800 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 Jonesville?
For the median home with 20% down at 7.11%, the payment is about $757 a month. Keeping that under 28% of gross income takes about $32,462 a year.
More about Jonesville
- Mortgage Refinance in Jonesville
- Debt Relief in Jonesville
- Home Equity Loans in Jonesville
- 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