Total monthly cost of ownership
Cost to Own a Home in Bernice, Louisiana
A $90,000 home here costs
$853per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $463. The real number is $390 higher every month — 84% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bernice against Union Parish and Louisiana
| Measure | Bernice | Union Parish |
|---|---|---|
| Median home value | $90,300 | $115,400 |
| Median property tax | $464 | $470 |
| Effective tax rate | 0.514% | 0.407% |
| Median gross rent | $680 | $758 |
| Population | 1,170 | 20,914 |
The weather behind that power bill
Bernice sits in Union Parish, which averages a high of 92.6°F in its hottest month and a low of 35.7°F in its coldest, with 58.19" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,380 cooling and 2,368 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Union Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Union Parish
Full Union Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Bernice?
A $90,000 home in Bernice, Louisiana costs approximately $853 per month with 20% down at 6.66%. That is $463 principal and interest, $39 property tax, $81 homeowners insurance, $195 utilities and $75 set aside for maintenance.
What is the property tax rate in Bernice?
Bernice has an effective property tax rate of 0.514%, based on a median home value of $90,300 and median real estate taxes of $464. That is higher than the Union Parish average of 0.407%.
What is the average home price in Bernice?
The median owner-occupied home value in Bernice, Louisiana is $90,300, against $115,400 across Union Parish.
Is it cheaper to rent or buy in Bernice?
Median gross rent in Bernice is $680 a month, against $853 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bernice — 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.