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Buying a home in Hester, Louisiana

The typical owner-occupied home in Hester is worth about $194,000, 10% below the Louisiana median of $216,500 and 42% below the national median of $332,700. Owners pay a median $210 a year in property taxes, about 0.11% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $138,879 a year, so the median home costs 1.4 times the median income (3.6 times for Louisiana). 93% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.

Hester at a glance

Hester Louisiana U.S.
Median home value $194,000 $216,500 $332,700
Median property tax paid per year $210 $1,180 $3,119
Property tax as a share of value 0.11% 0.55% 0.94%
Median household income $138,879 $60,756 $80,734
Homes lived in by their owners 93% 67% 65%
Owner homes with a mortgage 71% 52% 61%
Median monthly costs, owners with a mortgage $1,000 $1,604 $1,963
Those costs as a share of the owners' income 10.0% 20.4% 21.0%
Median rent – $1,064 $1,413
Median year homes were built 1976 1983 1980
Vacant homes 6.4% 14.4% 10.1%
Population 654 4,611,961 334,922,499

What a typical home costs per month in Hester

At this week's average 30-year rate of 7.11%, buying the median Hester home of $194,000 with 20% down costs about $1,143 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,466, 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 $48,971 for the 20%-down payment. That payment is 10% of the median Hester household income of $138,879; at that income and 20% down, the 28% guideline points to a home of about $550,000.

20% down, 30-year conventional loan
Down payment$38,800
Loan amount$155,200
Principal and interest$1,044
Property taxes (0.11% a year)$18
Homeowners insurance (our estimate, 0.5% a year)$81
PMI$0
Total per month$1,143

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3.5% down, 30-year FHA loan
Down payment$6,790
Loan amount$190,486
Principal and interest$1,281
Property taxes (0.11% a year)$18
Homeowners insurance (our estimate, 0.5% a year)$81
FHA mortgage insurance$86
Total per month$1,466

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Questions about home buying in Hester

What is the median home value in Hester?

About $194,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hester?

Homeowners pay a median $210 a year, which is about 0.11% 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 Hester?

For the median home with 20% down at 7.11%, the payment is about $1,143 a month. Keeping that under 28% of gross income takes about $48,971 a year.

More about Hester

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