Total monthly cost of ownership
Cost to Own a Home in Basile, Louisiana
A $92,000 home here costs
$905per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $39,000 a year.
A standard mortgage calculator would have told you $502. The real number is $403 higher every month, 80% more than the payment most buyers budget for.
Compare Acadia Parish with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Basile from a five-year rolling sample, and with about 2,096 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Acadia Parish figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Basile against Acadia Parish and Louisiana
| Measure | Basile | Acadia Parish |
|---|---|---|
| Median home value | $92,100 | $146,900 |
| Median property tax | $252 | $446 |
| Effective tax rate | 0.274% | 0.304% |
| Median gross rent | $837 | $725 |
| Population | 2,096 | 57,218 |
Basile extends across 2 counties. Figures here use Acadia Parish, where most of its housing sits.
The weather behind that power bill
Basile sits in Acadia Parish, which averages a high of 91.5°F in its hottest month and a low of 41.6°F in its coldest, with 63.53" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,781 cooling and 1,577 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Acadia Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Acadia Parish
Full Acadia Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Basile averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Basile every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Basile I already own here and may sell
Common questions
How much does it cost to own a home in Basile?
A $92,000 home in Basile, Louisiana costs approximately $905 per month with 20% down at 7.24%. That is $502 principal and interest, $21 property tax, $83 homeowners insurance, $223 utilities and $77 set aside for maintenance.
What is the property tax rate in Basile?
Basile has an effective property tax rate of 0.274%, based on a median home value of $92,100 and median real estate taxes of $252. That is lower than the Acadia Parish average of 0.304%.
What is the average home price in Basile?
The median owner-occupied home value in Basile, Louisiana is $92,100, against $146,900 across Acadia Parish.
Is it cheaper to rent or buy in Basile?
Median gross rent in Basile is $837 a month, against $905 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Basile?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Basile, Louisiana at today's rate takes a household income of roughly $39,000 a year. That covers the full $905 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Basile, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Louisiana.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.