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Buying a home in Schriever, Louisiana

The typical owner-occupied home in Schriever is worth about $179,300, 17% below the Louisiana median of $216,500 and 46% below the national median of $332,700. Owners pay a median $937 a year in property taxes, about 0.52% of their home's value, close to the Louisiana rate of 0.55%. The median household earns $66,571 a year, so the median home costs 2.7 times the median income (3.6 times for Louisiana). 70% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.

Schriever at a glance

Schriever Louisiana U.S.
Median home value $179,300 $216,500 $332,700
Median property tax paid per year $937 $1,180 $3,119
Property tax as a share of value 0.52% 0.55% 0.94%
Median household income $66,571 $60,756 $80,734
Homes lived in by their owners 70% 67% 65%
Owner homes with a mortgage 52% 52% 61%
Median monthly costs, owners with a mortgage $1,388 $1,604 $1,963
Those costs as a share of the owners' income 20.6% 20.4% 21.0%
Median rent $990 $1,064 $1,413
Rent as a share of renters' income 25.3% 32.8% 30.6%
Median year homes were built 1994 1983 1980
Vacant homes 6.7% 14.4% 10.1%
Population 6,690 4,611,961 334,922,499

What a typical home costs per month in Schriever

At this week's average 30-year rate of 7.11%, buying the median Schriever home of $179,300 with 20% down costs about $1,117 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,416, 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 $47,886 for the 20%-down payment. That payment is 20% of the median Schriever household income of $66,571; at that income and 20% down, the 28% guideline points to a home of about $249,000.

The median rent here is $990 a month, so owning the median home costs about $127 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$35,860
Loan amount$143,440
Principal and interest$965
Property taxes (0.52% a year)$78
Homeowners insurance (our estimate, 0.5% a year)$75
PMI$0
Total per month$1,117

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3.5% down, 30-year FHA loan
Down payment$6,276
Loan amount$176,052
Principal and interest$1,184
Property taxes (0.52% a year)$78
Homeowners insurance (our estimate, 0.5% a year)$75
FHA mortgage insurance$79
Total per month$1,416

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Questions about home buying in Schriever

What is the median home value in Schriever?

About $179,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Schriever?

Homeowners pay a median $937 a year, which is about 0.52% 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 Schriever?

For the median home with 20% down at 7.11%, the payment is about $1,117 a month. Keeping that under 28% of gross income takes about $47,886 a year.

More about Schriever

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