The typical owner-occupied home in Leonville is worth about $182,800, 16% below the Louisiana median of $216,500 and 45% below the national median of $332,700. Owners pay a median $199 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 $43,015 a year, so the median home costs 4.2 times the median income (3.6 times for Louisiana). 92% of occupied homes here are lived in by their owners, and 13% of those owners still have a mortgage.
Leonville at a glance
| Leonville | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $182,800 | $216,500 | $332,700 |
| Median property tax paid per year | $199 | $1,180 | $3,119 |
| Property tax as a share of value | 0.11% | 0.55% | 0.94% |
| Median household income | $43,015 | $60,756 | $80,734 |
| Homes lived in by their owners | 92% | 67% | 65% |
| Owner homes with a mortgage | 13% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $996 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 13.7% | 20.4% | 21.0% |
| Median rent | $693 | $1,064 | $1,413 |
| Rent as a share of renters' income | 9.0% | 32.8% | 30.6% |
| Median year homes were built | 1977 | 1983 | 1980 |
| Vacant homes | 8.1% | 14.4% | 10.1% |
| Population | 1,395 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Leonville
At this week's average 30-year rate of 7.11%, buying the median Leonville home of $182,800 with 20% down costs about $1,077 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,381, 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 $46,144 for the 20%-down payment. That payment is 30% of the median Leonville household income of $43,015; at that income and 20% down, the 28% guideline points to a home of about $170,000.
The median rent here is $693 a month, so owning the median home costs about $384 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,560 |
|---|---|
| Loan amount | $146,240 |
| Principal and interest | $984 |
| Property taxes (0.11% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,077 |
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| Down payment | $6,398 |
|---|---|
| Loan amount | $179,489 |
| Principal and interest | $1,207 |
| Property taxes (0.11% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $81 |
| Total per month | $1,381 |
Change the numbers in the calculator
Questions about home buying in Leonville
What is the median home value in Leonville?
About $182,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Leonville?
Homeowners pay a median $199 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 Leonville?
For the median home with 20% down at 7.11%, the payment is about $1,077 a month. Keeping that under 28% of gross income takes about $46,144 a year.
More about Leonville
- Mortgage Refinance in Leonville
- Debt Relief in Leonville
- Home Equity Loans in Leonville
- 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