Total monthly cost of ownership
Cost to Own a Home in Eastwood, Louisiana
A $253,000 home here costs
$2,093per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,301. The real number is $792 higher every month — 61% 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.
Eastwood against Bossier Parish and Louisiana
| Measure | Eastwood | Bossier Parish |
|---|---|---|
| Median home value | $252,700 | $215,100 |
| Median property tax | $1,889 | $1,380 |
| Effective tax rate | 0.748% | 0.642% |
| Median gross rent | — | $1,168 |
| Population | 4,057 | 129,134 |
The weather behind that power bill
Eastwood sits in Bossier Parish, which averages a high of 93.0°F in its hottest month and a low of 34.2°F in its coldest, with 54.01" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,322 cooling and 2,517 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Bossier Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bossier Parish
Full Bossier Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Eastwood?
A $253,000 home in Eastwood, Louisiana costs approximately $2,093 per month with 20% down at 6.66%. That is $1,301 principal and interest, $158 property tax, $228 homeowners insurance, $195 utilities and $211 set aside for maintenance.
What is the property tax rate in Eastwood?
Eastwood has an effective property tax rate of 0.748%, based on a median home value of $252,700 and median real estate taxes of $1,889. That is higher than the Bossier Parish average of 0.642%.
What is the average home price in Eastwood?
The median owner-occupied home value in Eastwood, Louisiana is $252,700, against $215,100 across Bossier Parish.
Is it cheaper to rent or buy in Eastwood?
Rent data is not published for Eastwood at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Eastwood — 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.