The typical owner-occupied home in Swartz is worth about $199,800, 8% below the Louisiana median of $216,500 and 40% below the national median of $332,700. Owners pay a median $1,011 a year in property taxes, about 0.51% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $67,287 a year, so the median home costs 3.0 times the median income (3.6 times for Louisiana). 75% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Swartz at a glance
| Swartz | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $199,800 | $216,500 | $332,700 |
| Median property tax paid per year | $1,011 | $1,180 | $3,119 |
| Property tax as a share of value | 0.51% | 0.55% | 0.94% |
| Median household income | $67,287 | $60,756 | $80,734 |
| Homes lived in by their owners | 75% | 67% | 65% |
| Owner homes with a mortgage | 66% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,394 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 21.5% | 20.4% | 21.0% |
| Median rent | $1,150 | $1,064 | $1,413 |
| Rent as a share of renters' income | 51.0% | 32.8% | 30.6% |
| Median year homes were built | 1987 | 1983 | 1980 |
| Vacant homes | 11.5% | 14.4% | 10.1% |
| Population | 4,110 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Swartz
At this week's average 30-year rate of 7.11%, buying the median Swartz home of $199,800 with 20% down costs about $1,243 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,576, 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 $53,289 for the 20%-down payment. That payment is 22% of the median Swartz household income of $67,287; at that income and 20% down, the 28% guideline points to a home of about $252,000.
The median rent here is $1,150 a month, so owning the median home costs about $93 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,960 |
|---|---|
| Loan amount | $159,840 |
| Principal and interest | $1,075 |
| Property taxes (0.51% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| PMI | $0 |
| Total per month | $1,243 |
Change the numbers in the calculator
| Down payment | $6,993 |
|---|---|
| Loan amount | $196,181 |
| Principal and interest | $1,320 |
| Property taxes (0.51% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| FHA mortgage insurance | $88 |
| Total per month | $1,576 |
Change the numbers in the calculator
Questions about home buying in Swartz
What is the median home value in Swartz?
About $199,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Swartz?
Homeowners pay a median $1,011 a year, which is about 0.51% 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 Swartz?
For the median home with 20% down at 7.11%, the payment is about $1,243 a month. Keeping that under 28% of gross income takes about $53,289 a year.
More about Swartz
- Mortgage Refinance in Swartz
- Debt Relief in Swartz
- Home Equity Loans in Swartz
- 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