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Buying a home in Epps, Louisiana

The typical owner-occupied home in Epps is worth about $67,500, 69% below the Louisiana median of $216,500 and 80% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.29% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $53,667 a year, so the median home costs 1.3 times the median income (3.6 times for Louisiana). 78% of occupied homes here are lived in by their owners, and 15% of those owners still have a mortgage.

Epps at a glance

Epps Louisiana U.S.
Median home value $67,500 $216,500 $332,700
Median property tax paid per year $199 $1,180 $3,119
Property tax as a share of value 0.29% 0.55% 0.94%
Median household income $53,667 $60,756 $80,734
Homes lived in by their owners 78% 67% 65%
Owner homes with a mortgage 15% 52% 61%
Median monthly costs, owners with a mortgage $1,571 $1,604 $1,963
Those costs as a share of the owners' income 12.9% 20.4% 21.0%
Median rent $1,031 $1,064 $1,413
Rent as a share of renters' income 30.6% 32.8% 30.6%
Median year homes were built 1967 1983 1980
Vacant homes 31.8% 14.4% 10.1%
Population 467 4,611,961 334,922,499

What a typical home costs per month in Epps

At this week's average 30-year rate of 7.11%, buying the median Epps home of $67,500 with 20% down costs about $408 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $520, 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 $17,473 for the 20%-down payment. That payment is 9% of the median Epps household income of $53,667; at that income and 20% down, the 28% guideline points to a home of about $207,000.

The median rent here is $1,031 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$13,500
Loan amount$54,000
Principal and interest$363
Property taxes (0.29% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$408

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3.5% down, 30-year FHA loan
Down payment$2,362
Loan amount$66,277
Principal and interest$446
Property taxes (0.29% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$30
Total per month$520

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Questions about home buying in Epps

What is the median home value in Epps?

About $67,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Epps?

Homeowners pay a median $199 a year, which is about 0.29% 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 Epps?

For the median home with 20% down at 7.11%, the payment is about $408 a month. Keeping that under 28% of gross income takes about $17,473 a year.

More about Epps

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