The typical owner-occupied home in Larose is worth about $176,300, 19% below the Louisiana median of $216,500 and 47% below the national median of $332,700. Owners pay a median $1,095 a year in property taxes, about 0.62% of their home's value, higher than the Louisiana rate of 0.55%. The median household earns $80,577 a year, so the median home costs 2.2 times the median income (3.6 times for Louisiana). 88% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.
Larose at a glance
| Larose | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $176,300 | $216,500 | $332,700 |
| Median property tax paid per year | $1,095 | $1,180 | $3,119 |
| Property tax as a share of value | 0.62% | 0.55% | 0.94% |
| Median household income | $80,577 | $60,756 | $80,734 |
| Homes lived in by their owners | 88% | 67% | 65% |
| Owner homes with a mortgage | 36% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,527 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 18.0% | 20.4% | 21.0% |
| Median rent | $760 | $1,064 | $1,413 |
| Rent as a share of renters' income | 22.0% | 32.8% | 30.6% |
| Median year homes were built | 1983 | 1983 | 1980 |
| Vacant homes | 12.0% | 14.4% | 10.1% |
| Population | 5,515 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Larose
At this week's average 30-year rate of 7.11%, buying the median Larose home of $176,300 with 20% down costs about $1,113 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,407, 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 $47,715 for the 20%-down payment. That payment is 17% of the median Larose household income of $80,577; at that income and 20% down, the 28% guideline points to a home of about $298,000.
The median rent here is $760 a month, so owning the median home costs about $353 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,260 |
|---|---|
| Loan amount | $141,040 |
| Principal and interest | $949 |
| Property taxes (0.62% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,113 |
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| Down payment | $6,170 |
|---|---|
| Loan amount | $173,107 |
| Principal and interest | $1,164 |
| Property taxes (0.62% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $78 |
| Total per month | $1,407 |
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Questions about home buying in Larose
What is the median home value in Larose?
About $176,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Larose?
Homeowners pay a median $1,095 a year, which is about 0.62% 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 Larose?
For the median home with 20% down at 7.11%, the payment is about $1,113 a month. Keeping that under 28% of gross income takes about $47,715 a year.
More about Larose
- Mortgage Refinance in Larose
- Debt Relief in Larose
- Home Equity Loans in Larose
- 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