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Buying a home in Noble, Louisiana

The typical owner-occupied home in Noble is worth about $66,500, 69% below the Louisiana median of $216,500 and 80% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.30% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $71,250 a year, so the median home costs 0.9 times the median income (3.6 times for Louisiana). 80% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.

Noble at a glance

Noble Louisiana U.S.
Median home value $66,500 $216,500 $332,700
Median property tax paid per year $199 $1,180 $3,119
Property tax as a share of value 0.30% 0.55% 0.94%
Median household income $71,250 $60,756 $80,734
Homes lived in by their owners 80% 67% 65%
Owner homes with a mortgage 30% 52% 61%
Median monthly costs, owners with a mortgage $1,125 $1,604 $1,963
Those costs as a share of the owners' income 27.0% 20.4% 21.0%
Median rent – $1,064 $1,413
Median year homes were built 1989 1983 1980
Vacant homes 10.9% 14.4% 10.1%
Population 445 4,611,961 334,922,499

What a typical home costs per month in Noble

At this week's average 30-year rate of 7.11%, buying the median Noble home of $66,500 with 20% down costs about $402 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $513, 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 $17,238 for the 20%-down payment. That payment is 7% of the median Noble household income of $71,250; at that income and 20% down, the 28% guideline points to a home of about $275,000.

20% down, 30-year conventional loan
Down payment$13,300
Loan amount$53,200
Principal and interest$358
Property taxes (0.30% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$402

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3.5% down, 30-year FHA loan
Down payment$2,328
Loan amount$65,296
Principal and interest$439
Property taxes (0.30% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$29
Total per month$513

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Questions about home buying in Noble

What is the median home value in Noble?

About $66,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Noble?

Homeowners pay a median $199 a year, which is about 0.30% 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 Noble?

For the median home with 20% down at 7.11%, the payment is about $402 a month. Keeping that under 28% of gross income takes about $17,238 a year.

More about Noble

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