Income needed to buy a home

Tangipahoa Parish, LA

$71,898

a year in household income to buy the typical Tangipahoa Parish home with 10% down.

The monthly math

Typical home value$226,919
Down payment (10%)$22,692
Loan$204,227
Principal and interest (7.40%)$1,414/mo
Property tax (0.34% a year)$65/mo
Homeowners insurance (estimate)$113/mo
Mortgage insurance$85/mo
Total monthly cost$1,678/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 $56,760 a year, 79% of what it takes.

In Louisiana

Tangipahoa Parish ranks #50 of 64 for the income a home takes, from least to most.

Easiest to afford in Louisiana

CountyTypical homeIncome 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.