The typical owner-occupied home in Winnsboro is worth about $92,200, 57% below the Louisiana median of $216,500 and 72% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.22% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $35,573 a year, so the median home costs 2.6 times the median income (3.6 times for Louisiana). 41% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Winnsboro at a glance
| Winnsboro | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $92,200 | $216,500 | $332,700 |
| Median property tax paid per year | $199 | $1,180 | $3,119 |
| Property tax as a share of value | 0.22% | 0.55% | 0.94% |
| Median household income | $35,573 | $60,756 | $80,734 |
| Homes lived in by their owners | 41% | 67% | 65% |
| Owner homes with a mortgage | 44% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $988 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 20.4% | 21.0% |
| Median rent | $731 | $1,064 | $1,413 |
| Rent as a share of renters' income | 26.2% | 32.8% | 30.6% |
| Median year homes were built | 1971 | 1983 | 1980 |
| Vacant homes | 17.3% | 14.4% | 10.1% |
| Population | 4,725 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Winnsboro
At this week's average 30-year rate of 7.11%, buying the median Winnsboro home of $92,200 with 20% down costs about $552 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $705, 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 $23,636 for the 20%-down payment. That payment is 19% of the median Winnsboro household income of $35,573; at that income and 20% down, the 28% guideline points to a home of about $139,000.
The median rent here is $731 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,440 |
|---|---|
| Loan amount | $73,760 |
| Principal and interest | $496 |
| Property taxes (0.22% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $552 |
Change the numbers in the calculator
| Down payment | $3,227 |
|---|---|
| Loan amount | $90,530 |
| Principal and interest | $609 |
| Property taxes (0.22% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $41 |
| Total per month | $705 |
Change the numbers in the calculator
Questions about home buying in Winnsboro
What is the median home value in Winnsboro?
About $92,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Winnsboro?
Homeowners pay a median $199 a year, which is about 0.22% 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 Winnsboro?
For the median home with 20% down at 7.11%, the payment is about $552 a month. Keeping that under 28% of gross income takes about $23,636 a year.
More about Winnsboro
- Mortgage Refinance in Winnsboro
- Debt Relief in Winnsboro
- Home Equity Loans in Winnsboro
- 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