The typical owner-occupied home in Jena is worth about $139,700, 35% below the Louisiana median of $216,500 and 58% below the national median of $332,700. Owners pay a median $832 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 $71,730 a year, so the median home costs 1.9 times the median income (3.6 times for Louisiana). 81% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Jena at a glance
| Jena | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $139,700 | $216,500 | $332,700 |
| Median property tax paid per year | $832 | $1,180 | $3,119 |
| Property tax as a share of value | 0.60% | 0.55% | 0.94% |
| Median household income | $71,730 | $60,756 | $80,734 |
| Homes lived in by their owners | 81% | 67% | 65% |
| Owner homes with a mortgage | 56% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,597 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 18.8% | 20.4% | 21.0% |
| Median rent | $906 | $1,064 | $1,413 |
| Rent as a share of renters' income | 23.6% | 32.8% | 30.6% |
| Median year homes were built | 1976 | 1983 | 1980 |
| Vacant homes | 13.0% | 14.4% | 10.1% |
| Population | 4,160 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Jena
At this week's average 30-year rate of 7.11%, buying the median Jena home of $139,700 with 20% down costs about $880 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,113, 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 $37,709 for the 20%-down payment. That payment is 15% of the median Jena household income of $71,730; at that income and 20% down, the 28% guideline points to a home of about $266,000.
The median rent here is $906 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $27,940 |
|---|---|
| Loan amount | $111,760 |
| Principal and interest | $752 |
| Property taxes (0.60% a year) | $70 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| PMI | $0 |
| Total per month | $880 |
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| Down payment | $4,890 |
|---|---|
| Loan amount | $137,170 |
| Principal and interest | $923 |
| Property taxes (0.60% a year) | $70 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| FHA mortgage insurance | $62 |
| Total per month | $1,113 |
Change the numbers in the calculator
Questions about home buying in Jena
What is the median home value in Jena?
About $139,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Jena?
Homeowners pay a median $832 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 Jena?
For the median home with 20% down at 7.11%, the payment is about $880 a month. Keeping that under 28% of gross income takes about $37,709 a year.
More about Jena
- Mortgage Refinance in Jena
- Debt Relief in Jena
- Home Equity Loans in Jena
- 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