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Buying a home in Paulina, Louisiana

The typical owner-occupied home in Paulina is worth about $283,100, 31% above the Louisiana median of $216,500 and 15% below the national median of $332,700. Owners pay a median $1,884 a year in property taxes, about 0.67% of their home's value, higher than the Louisiana rate of 0.55%. The median household earns $88,839 a year, so the median home costs 3.2 times the median income (3.6 times for Louisiana). 99% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.

Paulina at a glance

Paulina Louisiana U.S.
Median home value $283,100 $216,500 $332,700
Median property tax paid per year $1,884 $1,180 $3,119
Property tax as a share of value 0.67% 0.55% 0.94%
Median household income $88,839 $60,756 $80,734
Homes lived in by their owners 99% 67% 65%
Owner homes with a mortgage 64% 52% 61%
Median monthly costs, owners with a mortgage $2,188 $1,604 $1,963
Those costs as a share of the owners' income 18.6% 20.4% 21.0%
Median rent – $1,064 $1,413
Median year homes were built 2008 1983 1980
Vacant homes 8.9% 14.4% 10.1%
Population 1,785 4,611,961 334,922,499

What a typical home costs per month in Paulina

At this week's average 30-year rate of 7.11%, buying the median Paulina home of $283,100 with 20% down costs about $1,800 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,271, 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 $77,124 for the 20%-down payment. That payment is 24% of the median Paulina household income of $88,839; at that income and 20% down, the 28% guideline points to a home of about $326,000.

20% down, 30-year conventional loan
Down payment$56,620
Loan amount$226,480
Principal and interest$1,524
Property taxes (0.67% a year)$158
Homeowners insurance (our estimate, 0.5% a year)$118
PMI$0
Total per month$1,800

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3.5% down, 30-year FHA loan
Down payment$9,908
Loan amount$277,972
Principal and interest$1,870
Property taxes (0.67% a year)$158
Homeowners insurance (our estimate, 0.5% a year)$118
FHA mortgage insurance$125
Total per month$2,271

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Questions about home buying in Paulina

What is the median home value in Paulina?

About $283,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Paulina?

Homeowners pay a median $1,884 a year, which is about 0.67% 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 Paulina?

For the median home with 20% down at 7.11%, the payment is about $1,800 a month. Keeping that under 28% of gross income takes about $77,124 a year.

More about Paulina

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