Income needed to buy a home
Lincoln Parish, LA
$72,049
a year in household income to buy the typical Lincoln Parish home with 10% down.
The monthly math
Typical home value$224,584
Down payment (10%)$22,458
Loan$202,126
Principal and interest (7.40%)$1,399/mo
Property tax (0.46% a year)$85/mo
Homeowners insurance (estimate)$112/mo
Mortgage insurance$84/mo
Total monthly cost$1,681/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $39,172 a year, 54% of what it takes.
In Louisiana
Lincoln Parish ranks #51 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.