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Buying a home in Lafourche Parish, Louisiana

The typical owner-occupied home in Lafourche Parish is worth about $193,900, 10% below the Louisiana median of $216,500 and 42% below the national median of $332,700. Owners pay a median $1,038 a year in property taxes, about 0.54% of their home's value, close to the Louisiana rate of 0.55%. The median household earns $63,135 a year, so the median home costs 3.1 times the median income (3.6 times for Louisiana). 80% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.

Lafourche Parish at a glance

Lafourche Parish Louisiana U.S.
Median home value $193,900 $216,500 $332,700
Median property tax paid per year $1,038 $1,180 $3,119
Property tax as a share of value 0.54% 0.55% 0.94%
Median household income $63,135 $60,756 $80,734
Homes lived in by their owners 80% 67% 65%
Owner homes with a mortgage 45% 52% 61%
Median monthly costs, owners with a mortgage $1,508 $1,604 $1,963
Those costs as a share of the owners' income 19.4% 20.4% 21.0%
Median rent $928 $1,064 $1,413
Rent as a share of renters' income 35.4% 32.8% 30.6%
Median year homes were built 1982 1983 1980
Vacant homes 8.9% 14.4% 10.1%
Population 96,252 4,611,961 334,922,499

What a typical home costs per month in Lafourche Parish

At this week's average 30-year rate of 7.11%, buying the median Lafourche Parish home of $193,900 with 20% down costs about $1,212 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,535, 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 $51,924 for the 20%-down payment. That payment is 23% of the median Lafourche Parish household income of $63,135; at that income and 20% down, the 28% guideline points to a home of about $236,000.

The median rent here is $928 a month, so owning the median home costs about $284 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$38,780
Loan amount$155,120
Principal and interest$1,044
Property taxes (0.54% a year)$87
Homeowners insurance (our estimate, 0.5% a year)$81
PMI$0
Total per month$1,212

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3.5% down, 30-year FHA loan
Down payment$6,786
Loan amount$190,388
Principal and interest$1,281
Property taxes (0.54% a year)$87
Homeowners insurance (our estimate, 0.5% a year)$81
FHA mortgage insurance$86
Total per month$1,535

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Questions about home buying in Lafourche Parish

What is the median home value in Lafourche Parish?

About $193,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lafourche Parish?

Homeowners pay a median $1,038 a year, which is about 0.54% 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 Lafourche Parish?

For the median home with 20% down at 7.11%, the payment is about $1,212 a month. Keeping that under 28% of gross income takes about $51,924 a year.

More about Lafourche Parish

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