The typical owner-occupied home in Kraemer is worth about $145,400, 33% below the Louisiana median of $216,500 and 56% below the national median of $332,700. The median household earns $51,935 a year, so the median home costs 2.8 times the median income (3.6 times for Louisiana). 100% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Kraemer at a glance
| Kraemer | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $145,400 | $216,500 | $332,700 |
| Median property tax paid per year | – | $1,180 | $3,119 |
| Median household income | $51,935 | $60,756 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 51% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,716 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 31.6% | 20.4% | 21.0% |
| Median rent | – | $1,064 | $1,413 |
| Median year homes were built | 1985 | 1983 | 1980 |
| Vacant homes | 0.0% | 14.4% | 10.1% |
| Population | 1,065 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Kraemer
At this week's average 30-year rate of 7.11%, buying the median Kraemer home of $145,400 with 20% down costs about $976 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,219, 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 $41,844 for the 20%-down payment. That payment is 23% of the median Kraemer household income of $51,935; at that income and 20% down, the 28% guideline points to a home of about $180,000.
| Down payment | $29,080 |
|---|---|
| Loan amount | $116,320 |
| Principal and interest | $782 |
| Property taxes (1.10% a year) | $133 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| PMI | $0 |
| Total per month | $976 |
Change the numbers in the calculator
| Down payment | $5,089 |
|---|---|
| Loan amount | $142,766 |
| Principal and interest | $960 |
| Property taxes (1.10% a year) | $133 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| FHA mortgage insurance | $64 |
| Total per month | $1,219 |
Change the numbers in the calculator
Questions about home buying in Kraemer
What is the median home value in Kraemer?
About $145,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Kraemer?
For the median home with 20% down at 7.11%, the payment is about $976 a month. Keeping that under 28% of gross income takes about $41,844 a year.
More about Kraemer
- Mortgage Refinance in Kraemer
- Debt Relief in Kraemer
- Home Equity Loans in Kraemer
- 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