Plaquemines Parish, LA real estate

What the numbers say

Plaquemines Parish, LA real estate at a glance

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

Homeowners in Plaquemines Parish pay a median of $1,427 a year in property taxes on a median home value of $282,900, an effective rate of about 0.50%. The Louisiana average is 0.55%, which makes Plaquemines Parish the #46 lowest-tax of 64 counties in the state with published tax data.

Renters pay a median of $1,573 a month, and $1,300 for a two-bedroom. At today's prices a typical home costs about 15 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 $283,000 home here comes to about $1,779 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $76,000 a year (the median household here earns $86,315).