The typical owner-occupied home in Ama is worth about $218,600, about the same as the Louisiana median of $216,500 and 34% below the national median of $332,700. Owners pay a median $1,135 a year in property taxes, about 0.52% of their home's value, close to the Louisiana rate of 0.55%. The median household earns $73,359 a year, so the median home costs 3.0 times the median income (3.6 times for Louisiana). 87% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Ama at a glance
| Ama | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $218,600 | $216,500 | $332,700 |
| Median property tax paid per year | $1,135 | $1,180 | $3,119 |
| Property tax as a share of value | 0.52% | 0.55% | 0.94% |
| Median household income | $73,359 | $60,756 | $80,734 |
| Homes lived in by their owners | 87% | 67% | 65% |
| Owner homes with a mortgage | 50% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,426 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 20.6% | 20.4% | 21.0% |
| Median rent | $1,310 | $1,064 | $1,413 |
| Rent as a share of renters' income | 36.3% | 32.8% | 30.6% |
| Median year homes were built | 1989 | 1983 | 1980 |
| Vacant homes | 8.3% | 14.4% | 10.1% |
| Population | 1,483 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Ama
At this week's average 30-year rate of 7.11%, buying the median Ama home of $218,600 with 20% down costs about $1,362 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,726, 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 $58,382 for the 20%-down payment. That payment is 22% of the median Ama household income of $73,359; at that income and 20% down, the 28% guideline points to a home of about $275,000.
The median rent here is $1,310 a month, so owning the median home costs about $52 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $43,720 |
|---|---|
| Loan amount | $174,880 |
| Principal and interest | $1,176 |
| Property taxes (0.52% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| PMI | $0 |
| Total per month | $1,362 |
Change the numbers in the calculator
| Down payment | $7,651 |
|---|---|
| Loan amount | $214,641 |
| Principal and interest | $1,444 |
| Property taxes (0.52% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| FHA mortgage insurance | $97 |
| Total per month | $1,726 |
Change the numbers in the calculator
Questions about home buying in Ama
What is the median home value in Ama?
About $218,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ama?
Homeowners pay a median $1,135 a year, which is about 0.52% 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 Ama?
For the median home with 20% down at 7.11%, the payment is about $1,362 a month. Keeping that under 28% of gross income takes about $58,382 a year.
More about Ama
- Mortgage Refinance in Ama
- Debt Relief in Ama
- Home Equity Loans in Ama
- 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