The typical owner-occupied home in Cut Off is worth about $158,300, 27% below the Louisiana median of $216,500 and 52% below the national median of $332,700. Owners pay a median $393 a year in property taxes, about 0.25% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $67,941 a year, so the median home costs 2.3 times the median income (3.6 times for Louisiana). 78% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Cut Off at a glance
| Cut Off | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $158,300 | $216,500 | $332,700 |
| Median property tax paid per year | $393 | $1,180 | $3,119 |
| Property tax as a share of value | 0.25% | 0.55% | 0.94% |
| Median household income | $67,941 | $60,756 | $80,734 |
| Homes lived in by their owners | 78% | 67% | 65% |
| Owner homes with a mortgage | 37% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,159 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 14.1% | 20.4% | 21.0% |
| Median rent | $828 | $1,064 | $1,413 |
| Rent as a share of renters' income | 14.2% | 32.8% | 30.6% |
| Median year homes were built | 1977 | 1983 | 1980 |
| Vacant homes | 8.9% | 14.4% | 10.1% |
| Population | 5,398 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Cut Off
At this week's average 30-year rate of 7.11%, buying the median Cut Off home of $158,300 with 20% down costs about $951 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,215, 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 $40,751 for the 20%-down payment. That payment is 17% of the median Cut Off household income of $67,941; at that income and 20% down, the 28% guideline points to a home of about $264,000.
The median rent here is $828 a month, so owning the median home costs about $123 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,660 |
|---|---|
| Loan amount | $126,640 |
| Principal and interest | $852 |
| Property taxes (0.25% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| PMI | $0 |
| Total per month | $951 |
Change the numbers in the calculator
| Down payment | $5,540 |
|---|---|
| Loan amount | $155,433 |
| Principal and interest | $1,046 |
| Property taxes (0.25% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| FHA mortgage insurance | $70 |
| Total per month | $1,215 |
Change the numbers in the calculator
Questions about home buying in Cut Off
What is the median home value in Cut Off?
About $158,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cut Off?
Homeowners pay a median $393 a year, which is about 0.25% 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 Cut Off?
For the median home with 20% down at 7.11%, the payment is about $951 a month. Keeping that under 28% of gross income takes about $40,751 a year.
More about Cut Off
- Mortgage Refinance in Cut Off
- Debt Relief in Cut Off
- Home Equity Loans in Cut Off
- 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