The typical owner-occupied home in Perry is worth about $181,500, 16% below the Louisiana median of $216,500 and 45% below the national median of $332,700. Owners pay a median $701 a year in property taxes, about 0.39% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $81,982 a year, so the median home costs 2.2 times the median income (3.6 times for Louisiana). 94% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Perry at a glance
| Perry | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $181,500 | $216,500 | $332,700 |
| Median property tax paid per year | $701 | $1,180 | $3,119 |
| Property tax as a share of value | 0.39% | 0.55% | 0.94% |
| Median household income | $81,982 | $60,756 | $80,734 |
| Homes lived in by their owners | 94% | 67% | 65% |
| Owner homes with a mortgage | 37% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,526 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 20.4% | 21.0% |
| Median rent | – | $1,064 | $1,413 |
| Median year homes were built | 1980 | 1983 | 1980 |
| Vacant homes | 6.1% | 14.4% | 10.1% |
| Population | 1,424 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Perry
At this week's average 30-year rate of 7.11%, buying the median Perry home of $181,500 with 20% down costs about $1,111 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,414, 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 $47,631 for the 20%-down payment. That payment is 16% of the median Perry household income of $81,982; at that income and 20% down, the 28% guideline points to a home of about $312,000.
| Down payment | $36,300 |
|---|---|
| Loan amount | $145,200 |
| Principal and interest | $977 |
| Property taxes (0.39% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,111 |
Change the numbers in the calculator
| Down payment | $6,352 |
|---|---|
| Loan amount | $178,213 |
| Principal and interest | $1,199 |
| Property taxes (0.39% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $80 |
| Total per month | $1,414 |
Change the numbers in the calculator
Questions about home buying in Perry
What is the median home value in Perry?
About $181,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Perry?
Homeowners pay a median $701 a year, which is about 0.39% 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 Perry?
For the median home with 20% down at 7.11%, the payment is about $1,111 a month. Keeping that under 28% of gross income takes about $47,631 a year.
More about Perry
- Mortgage Refinance in Perry
- Debt Relief in Perry
- Home Equity Loans in Perry
- 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