The typical owner-occupied home in Grambling is worth about $181,700, 16% below the Louisiana median of $216,500 and 45% below the national median of $332,700. Owners pay a median $416 a year in property taxes, about 0.23% of their home's value, lower than the Louisiana rate of 0.55%. 31% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Grambling at a glance
| Grambling | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $181,700 | $216,500 | $332,700 |
| Median property tax paid per year | $416 | $1,180 | $3,119 |
| Property tax as a share of value | 0.23% | 0.55% | 0.94% |
| Median household income | – | $60,756 | $80,734 |
| Homes lived in by their owners | 31% | 67% | 65% |
| Owner homes with a mortgage | 30% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,149 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 33.7% | 20.4% | 21.0% |
| Median rent | $709 | $1,064 | $1,413 |
| Rent as a share of renters' income | 51.0% | 32.8% | 30.6% |
| Median year homes were built | 1976 | 1983 | 1980 |
| Vacant homes | 18.5% | 14.4% | 10.1% |
| Population | 5,287 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Grambling
At this week's average 30-year rate of 7.11%, buying the median Grambling home of $181,700 with 20% down costs about $1,088 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,391, 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 $46,645 for the 20%-down payment.
The median rent here is $709 a month, so owning the median home costs about $379 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,340 |
|---|---|
| Loan amount | $145,360 |
| Principal and interest | $978 |
| Property taxes (0.23% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,088 |
Change the numbers in the calculator
| Down payment | $6,360 |
|---|---|
| Loan amount | $178,409 |
| Principal and interest | $1,200 |
| Property taxes (0.23% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $80 |
| Total per month | $1,391 |
Change the numbers in the calculator
Questions about home buying in Grambling
What is the median home value in Grambling?
About $181,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Grambling?
Homeowners pay a median $416 a year, which is about 0.23% 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 Grambling?
For the median home with 20% down at 7.11%, the payment is about $1,088 a month. Keeping that under 28% of gross income takes about $46,645 a year.
More about Grambling
- Mortgage Refinance in Grambling
- Debt Relief in Grambling
- Home Equity Loans in Grambling
- 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