The typical owner-occupied home in Boutte is worth about $231,200, 7% above the Louisiana median of $216,500 and 31% below the national median of $332,700. Owners pay a median $2,365 a year in property taxes, about 1.02% of their home's value, higher than the Louisiana rate of 0.55%. The median household earns $68,220 a year, so the median home costs 3.4 times the median income (3.6 times for Louisiana). 72% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
Boutte at a glance
| Boutte | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $231,200 | $216,500 | $332,700 |
| Median property tax paid per year | $2,365 | $1,180 | $3,119 |
| Property tax as a share of value | 1.02% | 0.55% | 0.94% |
| Median household income | $68,220 | $60,756 | $80,734 |
| Homes lived in by their owners | 72% | 67% | 65% |
| Owner homes with a mortgage | 82% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,446 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 36.9% | 20.4% | 21.0% |
| Median rent | – | $1,064 | $1,413 |
| Rent as a share of renters' income | 27.4% | 32.8% | 30.6% |
| Median year homes were built | 1994 | 1983 | 1980 |
| Vacant homes | 6.7% | 14.4% | 10.1% |
| Population | 2,027 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Boutte
At this week's average 30-year rate of 7.11%, buying the median Boutte home of $231,200 with 20% down costs about $1,537 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,922, 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 $65,875 for the 20%-down payment. That payment is 27% of the median Boutte household income of $68,220; at that income and 20% down, the 28% guideline points to a home of about $239,000.
| Down payment | $46,240 |
|---|---|
| Loan amount | $184,960 |
| Principal and interest | $1,244 |
| Property taxes (1.02% a year) | $197 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| PMI | $0 |
| Total per month | $1,537 |
Change the numbers in the calculator
| Down payment | $8,092 |
|---|---|
| Loan amount | $227,012 |
| Principal and interest | $1,527 |
| Property taxes (1.02% a year) | $197 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| FHA mortgage insurance | $102 |
| Total per month | $1,922 |
Change the numbers in the calculator
Questions about home buying in Boutte
What is the median home value in Boutte?
About $231,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Boutte?
Homeowners pay a median $2,365 a year, which is about 1.02% 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 Boutte?
For the median home with 20% down at 7.11%, the payment is about $1,537 a month. Keeping that under 28% of gross income takes about $65,875 a year.
More about Boutte
- Mortgage Refinance in Boutte
- Debt Relief in Boutte
- Home Equity Loans in Boutte
- 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