The typical owner-occupied home in Chalmette is worth about $214,700, about the same as the Louisiana median of $216,500 and 35% below the national median of $332,700. Owners pay a median $1,014 a year in property taxes, about 0.47% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $54,904 a year, so the median home costs 3.9 times the median income (3.6 times for Louisiana). 61% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Chalmette at a glance
| Chalmette | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $214,700 | $216,500 | $332,700 |
| Median property tax paid per year | $1,014 | $1,180 | $3,119 |
| Property tax as a share of value | 0.47% | 0.55% | 0.94% |
| Median household income | $54,904 | $60,756 | $80,734 |
| Homes lived in by their owners | 61% | 67% | 65% |
| Owner homes with a mortgage | 56% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,530 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 21.1% | 20.4% | 21.0% |
| Median rent | $1,110 | $1,064 | $1,413 |
| Rent as a share of renters' income | 33.0% | 32.8% | 30.6% |
| Median year homes were built | 1978 | 1983 | 1980 |
| Vacant homes | 8.1% | 14.4% | 10.1% |
| Population | 22,616 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Chalmette
At this week's average 30-year rate of 7.11%, buying the median Chalmette home of $214,700 with 20% down costs about $1,329 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,687, 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 $56,957 for the 20%-down payment. That payment is 29% of the median Chalmette household income of $54,904; at that income and 20% down, the 28% guideline points to a home of about $207,000.
The median rent here is $1,110 a month, so owning the median home costs about $219 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $42,940 |
|---|---|
| Loan amount | $171,760 |
| Principal and interest | $1,155 |
| Property taxes (0.47% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| PMI | $0 |
| Total per month | $1,329 |
Change the numbers in the calculator
| Down payment | $7,514 |
|---|---|
| Loan amount | $210,811 |
| Principal and interest | $1,418 |
| Property taxes (0.47% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| FHA mortgage insurance | $95 |
| Total per month | $1,687 |
Change the numbers in the calculator
Questions about home buying in Chalmette
What is the median home value in Chalmette?
About $214,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Chalmette?
Homeowners pay a median $1,014 a year, which is about 0.47% 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 Chalmette?
For the median home with 20% down at 7.11%, the payment is about $1,329 a month. Keeping that under 28% of gross income takes about $56,957 a year.
More about Chalmette
- Mortgage Refinance in Chalmette
- Debt Relief in Chalmette
- Home Equity Loans in Chalmette
- 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