The typical owner-occupied home in Grant Parish is worth about $143,300, 34% below the Louisiana median of $216,500 and 57% below the national median of $332,700. Owners pay a median $862 a year in property taxes, about 0.60% of their home's value, higher than the Louisiana rate of 0.55%. The median household earns $64,016 a year, so the median home costs 2.2 times the median income (3.6 times for Louisiana). 79% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Grant Parish at a glance
| Grant Parish | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $143,300 | $216,500 | $332,700 |
| Median property tax paid per year | $862 | $1,180 | $3,119 |
| Property tax as a share of value | 0.60% | 0.55% | 0.94% |
| Median household income | $64,016 | $60,756 | $80,734 |
| Homes lived in by their owners | 79% | 67% | 65% |
| Owner homes with a mortgage | 44% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,362 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 20.4% | 21.0% |
| Median rent | $904 | $1,064 | $1,413 |
| Rent as a share of renters' income | 27.6% | 32.8% | 30.6% |
| Median year homes were built | 1988 | 1983 | 1980 |
| Vacant homes | 18.3% | 14.4% | 10.1% |
| Population | 22,095 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Grant Parish
At this week's average 30-year rate of 7.11%, buying the median Grant Parish home of $143,300 with 20% down costs about $903 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,141, 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 $38,681 for the 20%-down payment. That payment is 17% of the median Grant Parish household income of $64,016; at that income and 20% down, the 28% guideline points to a home of about $237,000.
The median rent here is $904 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $28,660 |
|---|---|
| Loan amount | $114,640 |
| Principal and interest | $771 |
| Property taxes (0.60% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| PMI | $0 |
| Total per month | $903 |
Change the numbers in the calculator
| Down payment | $5,016 |
|---|---|
| Loan amount | $140,704 |
| Principal and interest | $947 |
| Property taxes (0.60% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| FHA mortgage insurance | $63 |
| Total per month | $1,141 |
Change the numbers in the calculator
Questions about home buying in Grant Parish
What is the median home value in Grant Parish?
About $143,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Grant Parish?
Homeowners pay a median $862 a year, which is about 0.60% 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 Grant Parish?
For the median home with 20% down at 7.11%, the payment is about $903 a month. Keeping that under 28% of gross income takes about $38,681 a year.
More about Grant Parish
- Mortgage Refinance in Grant Parish
- Debt Relief in Grant Parish
- Home Equity Loans in Grant Parish
- 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