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Buying a home in Golden Meadow, Louisiana

The typical owner-occupied home in Golden Meadow is worth about $141,600, 35% below the Louisiana median of $216,500 and 57% below the national median of $332,700. Owners pay a median $315 a year in property taxes, about 0.22% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $71,875 a year, so the median home costs 2.0 times the median income (3.6 times for Louisiana). 77% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.

Golden Meadow at a glance

Golden Meadow Louisiana U.S.
Median home value $141,600 $216,500 $332,700
Median property tax paid per year $315 $1,180 $3,119
Property tax as a share of value 0.22% 0.55% 0.94%
Median household income $71,875 $60,756 $80,734
Homes lived in by their owners 77% 67% 65%
Owner homes with a mortgage 39% 52% 61%
Median monthly costs, owners with a mortgage $1,452 $1,604 $1,963
Those costs as a share of the owners' income 21.4% 20.4% 21.0%
Median rent $693 $1,064 $1,413
Rent as a share of renters' income 14.0% 32.8% 30.6%
Median year homes were built 1960 1983 1980
Vacant homes 18.3% 14.4% 10.1%
Population 1,854 4,611,961 334,922,499

What a typical home costs per month in Golden Meadow

At this week's average 30-year rate of 7.11%, buying the median Golden Meadow home of $141,600 with 20% down costs about $847 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,083, 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 $36,300 for the 20%-down payment. That payment is 14% of the median Golden Meadow household income of $71,875; at that income and 20% down, the 28% guideline points to a home of about $280,000.

The median rent here is $693 a month, so owning the median home costs about $154 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$28,320
Loan amount$113,280
Principal and interest$762
Property taxes (0.22% a year)$26
Homeowners insurance (our estimate, 0.5% a year)$59
PMI$0
Total per month$847

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3.5% down, 30-year FHA loan
Down payment$4,956
Loan amount$139,035
Principal and interest$935
Property taxes (0.22% a year)$26
Homeowners insurance (our estimate, 0.5% a year)$59
FHA mortgage insurance$63
Total per month$1,083

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Questions about home buying in Golden Meadow

What is the median home value in Golden Meadow?

About $141,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Golden Meadow?

Homeowners pay a median $315 a year, which is about 0.22% 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 Golden Meadow?

For the median home with 20% down at 7.11%, the payment is about $847 a month. Keeping that under 28% of gross income takes about $36,300 a year.

More about Golden Meadow

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