The typical owner-occupied home in Roseland is worth about $112,500, 48% below the Louisiana median of $216,500 and 66% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.18% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $45,856 a year, so the median home costs 2.5 times the median income (3.6 times for Louisiana). 80% of occupied homes here are lived in by their owners, and 11% of those owners still have a mortgage.
Roseland at a glance
| Roseland | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $112,500 | $216,500 | $332,700 |
| Median property tax paid per year | $199 | $1,180 | $3,119 |
| Property tax as a share of value | 0.18% | 0.55% | 0.94% |
| Median household income | $45,856 | $60,756 | $80,734 |
| Homes lived in by their owners | 80% | 67% | 65% |
| Owner homes with a mortgage | 11% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,572 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 12.8% | 20.4% | 21.0% |
| Median rent | $868 | $1,064 | $1,413 |
| Rent as a share of renters' income | 29.5% | 32.8% | 30.6% |
| Median year homes were built | 1983 | 1983 | 1980 |
| Vacant homes | 25.7% | 14.4% | 10.1% |
| Population | 1,070 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Roseland
At this week's average 30-year rate of 7.11%, buying the median Roseland home of $112,500 with 20% down costs about $669 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $857, 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 $28,680 for the 20%-down payment. That payment is 18% of the median Roseland household income of $45,856; at that income and 20% down, the 28% guideline points to a home of about $180,000.
The median rent here is $868 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $22,500 |
|---|---|
| Loan amount | $90,000 |
| Principal and interest | $605 |
| Property taxes (0.18% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $669 |
Change the numbers in the calculator
| Down payment | $3,938 |
|---|---|
| Loan amount | $110,462 |
| Principal and interest | $743 |
| Property taxes (0.18% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $50 |
| Total per month | $857 |
Change the numbers in the calculator
Questions about home buying in Roseland
What is the median home value in Roseland?
About $112,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Roseland?
Homeowners pay a median $199 a year, which is about 0.18% 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 Roseland?
For the median home with 20% down at 7.11%, the payment is about $669 a month. Keeping that under 28% of gross income takes about $28,680 a year.
More about Roseland
- Mortgage Refinance in Roseland
- Debt Relief in Roseland
- Home Equity Loans in Roseland
- 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