Income needed to buy a home
De Soto Parish, LA
$66,746
a year in household income to buy the typical De Soto Parish home with 10% down.
The monthly math
Typical home value$211,373
Down payment (10%)$21,137
Loan$190,236
Principal and interest (7.40%)$1,317/mo
Property tax (0.31% a year)$55/mo
Homeowners insurance (estimate)$106/mo
Mortgage insurance$79/mo
Total monthly cost$1,557/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
A stretch
The typical household here earns $48,578 a year, 73% of what it takes.
In Louisiana
De Soto Parish ranks #46 of 64 for the income a home takes, from least to most.
Easiest to afford in Louisiana
| County | Typical home | Income needed |
|---|---|---|
| East Carroll Parish | $67,274 | $21,260 |
| Madison Parish | $84,105 | $26,555 |
| Claiborne Parish | $96,921 | $30,411 |
| Morehouse Parish | $101,156 | $32,578 |
| Bienville Parish | $107,459 | $33,660 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.