The typical owner-occupied home in Welsh is worth about $174,900, 19% below the Louisiana median of $216,500 and 47% below the national median of $332,700. Owners pay a median $351 a year in property taxes, about 0.20% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $78,185 a year, so the median home costs 2.2 times the median income (3.6 times for Louisiana). 83% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Welsh at a glance
| Welsh | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $174,900 | $216,500 | $332,700 |
| Median property tax paid per year | $351 | $1,180 | $3,119 |
| Property tax as a share of value | 0.20% | 0.55% | 0.94% |
| Median household income | $78,185 | $60,756 | $80,734 |
| Homes lived in by their owners | 83% | 67% | 65% |
| Owner homes with a mortgage | 58% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,082 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 12.4% | 20.4% | 21.0% |
| Median rent | $576 | $1,064 | $1,413 |
| Rent as a share of renters' income | 18.6% | 32.8% | 30.6% |
| Median year homes were built | 1990 | 1983 | 1980 |
| Vacant homes | 10.7% | 14.4% | 10.1% |
| Population | 3,313 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Welsh
At this week's average 30-year rate of 7.11%, buying the median Welsh home of $174,900 with 20% down costs about $1,043 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,335, 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 $44,712 for the 20%-down payment. That payment is 16% of the median Welsh household income of $78,185; at that income and 20% down, the 28% guideline points to a home of about $306,000.
The median rent here is $576 a month, so owning the median home costs about $467 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,980 |
|---|---|
| Loan amount | $139,920 |
| Principal and interest | $941 |
| Property taxes (0.20% a year) | $29 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,043 |
Change the numbers in the calculator
| Down payment | $6,122 |
|---|---|
| Loan amount | $171,732 |
| Principal and interest | $1,155 |
| Property taxes (0.20% a year) | $29 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $77 |
| Total per month | $1,335 |
Change the numbers in the calculator
Questions about home buying in Welsh
What is the median home value in Welsh?
About $174,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Welsh?
Homeowners pay a median $351 a year, which is about 0.20% 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 Welsh?
For the median home with 20% down at 7.11%, the payment is about $1,043 a month. Keeping that under 28% of gross income takes about $44,712 a year.
More about Welsh
- Mortgage Refinance in Welsh
- Debt Relief in Welsh
- Home Equity Loans in Welsh
- 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