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Buying a home in Sikes, Louisiana

The typical owner-occupied home in Sikes is worth about $92,900, 57% below the Louisiana median of $216,500 and 72% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.21% of their home's value, lower than the Louisiana rate of 0.55%. 84% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.

Sikes at a glance

Sikes Louisiana U.S.
Median home value $92,900 $216,500 $332,700
Median property tax paid per year $199 $1,180 $3,119
Property tax as a share of value 0.21% 0.55% 0.94%
Median household income – $60,756 $80,734
Homes lived in by their owners 84% 67% 65%
Owner homes with a mortgage 49% 52% 61%
Median monthly costs, owners with a mortgage $1,132 $1,604 $1,963
Those costs as a share of the owners' income 32.4% 20.4% 21.0%
Median rent – $1,064 $1,413
Median year homes were built 2000 1983 1980
Vacant homes 9.3% 14.4% 10.1%
Population 279 4,611,961 334,922,499

What a typical home costs per month in Sikes

At this week's average 30-year rate of 7.11%, buying the median Sikes home of $92,900 with 20% down costs about $555 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $710, 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 $23,783 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$18,580
Loan amount$74,320
Principal and interest$500
Property taxes (0.21% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$39
PMI$0
Total per month$555

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3.5% down, 30-year FHA loan
Down payment$3,252
Loan amount$91,217
Principal and interest$614
Property taxes (0.21% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$39
FHA mortgage insurance$41
Total per month$710

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Questions about home buying in Sikes

What is the median home value in Sikes?

About $92,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Sikes?

Homeowners pay a median $199 a year, which is about 0.21% 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 Sikes?

For the median home with 20% down at 7.11%, the payment is about $555 a month. Keeping that under 28% of gross income takes about $23,783 a year.

More about Sikes

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