The typical owner-occupied home in Gueydan is worth about $74,300, 66% below the Louisiana median of $216,500 and 78% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.27% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $27,891 a year, so the median home costs 2.7 times the median income (3.6 times for Louisiana). 71% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.
Gueydan at a glance
| Gueydan | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $74,300 | $216,500 | $332,700 |
| Median property tax paid per year | $199 | $1,180 | $3,119 |
| Property tax as a share of value | 0.27% | 0.55% | 0.94% |
| Median household income | $27,891 | $60,756 | $80,734 |
| Homes lived in by their owners | 71% | 67% | 65% |
| Owner homes with a mortgage | 27% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,128 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 20.4% | 21.0% |
| Median rent | $747 | $1,064 | $1,413 |
| Rent as a share of renters' income | 50.0% | 32.8% | 30.6% |
| Median year homes were built | 1975 | 1983 | 1980 |
| Vacant homes | 16.3% | 14.4% | 10.1% |
| Population | 1,464 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Gueydan
At this week's average 30-year rate of 7.11%, buying the median Gueydan home of $74,300 with 20% down costs about $448 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $571, 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 $19,180 for the 20%-down payment. That payment is 19% of the median Gueydan household income of $27,891; at that income and 20% down, the 28% guideline points to a home of about $108,000.
The median rent here is $747 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $14,860 |
|---|---|
| Loan amount | $59,440 |
| Principal and interest | $400 |
| Property taxes (0.27% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| PMI | $0 |
| Total per month | $448 |
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| Down payment | $2,600 |
|---|---|
| Loan amount | $72,954 |
| Principal and interest | $491 |
| Property taxes (0.27% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| FHA mortgage insurance | $33 |
| Total per month | $571 |
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Questions about home buying in Gueydan
What is the median home value in Gueydan?
About $74,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gueydan?
Homeowners pay a median $199 a year, which is about 0.27% 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 Gueydan?
For the median home with 20% down at 7.11%, the payment is about $448 a month. Keeping that under 28% of gross income takes about $19,180 a year.
More about Gueydan
- Mortgage Refinance in Gueydan
- Debt Relief in Gueydan
- Home Equity Loans in Gueydan
- 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