Grant Parish, LA real estate

What the numbers say

Grant Parish, LA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Grant Parish pay a median of $862 a year in property taxes on a median home value of $143,300, an effective rate of about 0.60%. The Louisiana average is 0.55%, which makes Grant Parish the #57 lowest-tax of 64 counties in the state with published tax data.

Renters pay a median of $904 a month, and $721 for a two-bedroom. At today's prices a typical home costs about 13 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $143,000 home here comes to about $913 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $39,000 a year (the median household here earns $64,016).