The typical owner-occupied home in Choudrant is worth about $313,500, 45% above the Louisiana median of $216,500 and 6% below the national median of $332,700. Owners pay a median $1,810 a year in property taxes, about 0.58% of their home's value, higher than the Louisiana rate of 0.55%. The median household earns $72,679 a year, so the median home costs 4.3 times the median income (3.6 times for Louisiana). 63% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Choudrant at a glance
| Choudrant | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $313,500 | $216,500 | $332,700 |
| Median property tax paid per year | $1,810 | $1,180 | $3,119 |
| Property tax as a share of value | 0.58% | 0.55% | 0.94% |
| Median household income | $72,679 | $60,756 | $80,734 |
| Homes lived in by their owners | 63% | 67% | 65% |
| Owner homes with a mortgage | 56% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,702 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 16.6% | 20.4% | 21.0% |
| Median rent | $943 | $1,064 | $1,413 |
| Rent as a share of renters' income | 36.1% | 32.8% | 30.6% |
| Median year homes were built | 2003 | 1983 | 1980 |
| Vacant homes | 8.7% | 14.4% | 10.1% |
| Population | 1,319 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Choudrant
At this week's average 30-year rate of 7.11%, buying the median Choudrant home of $313,500 with 20% down costs about $1,969 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,492, 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 $84,399 for the 20%-down payment. That payment is 33% of the median Choudrant household income of $72,679; at that income and 20% down, the 28% guideline points to a home of about $270,000.
The median rent here is $943 a month, so owning the median home costs about $1,026 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $62,700 |
|---|---|
| Loan amount | $250,800 |
| Principal and interest | $1,687 |
| Property taxes (0.58% a year) | $152 |
| Homeowners insurance (our estimate, 0.5% a year) | $131 |
| PMI | $0 |
| Total per month | $1,969 |
Change the numbers in the calculator
| Down payment | $10,972 |
|---|---|
| Loan amount | $307,822 |
| Principal and interest | $2,071 |
| Property taxes (0.58% a year) | $152 |
| Homeowners insurance (our estimate, 0.5% a year) | $131 |
| FHA mortgage insurance | $139 |
| Total per month | $2,492 |
Change the numbers in the calculator
Questions about home buying in Choudrant
What is the median home value in Choudrant?
About $313,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Choudrant?
Homeowners pay a median $1,810 a year, which is about 0.58% 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 Choudrant?
For the median home with 20% down at 7.11%, the payment is about $1,969 a month. Keeping that under 28% of gross income takes about $84,399 a year.
More about Choudrant
- Mortgage Refinance in Choudrant
- Debt Relief in Choudrant
- Home Equity Loans in Choudrant
- 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