Total monthly cost of ownership
Cost to Own a Home in Fordoche, Louisiana
A $200,000 home here costs
$1,703per 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 $73,000 a year.
A standard mortgage calculator would have told you $1,090. The real number is $612 higher every month, 56% more than the payment most buyers budget for.
Compare Pointe Coupee Parish with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Fordoche from a five-year rolling sample, and with about 1,010 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 Pointe Coupee 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.
Fordoche against Pointe Coupee Parish and Louisiana
| Measure | Fordoche | Pointe Coupee Parish |
|---|---|---|
| Median home value | $199,700 | $174,500 |
| Median property tax | $510 | $491 |
| Effective tax rate | 0.255% | 0.281% |
| Median gross rent | $677 | $794 |
| Population | 1,010 | 20,438 |
The weather behind that power bill
Fordoche sits in Pointe Coupee Parish, which averages a high of 92.4°F in its hottest month and a low of 41.9°F in its coldest, with 58.54" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,940 cooling and 1,522 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Pointe Coupee Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pointe Coupee Parish
Full Pointe Coupee Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Fordoche 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 Fordoche every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Fordoche I already own here and may sell
Common questions
How much does it cost to own a home in Fordoche?
A $200,000 home in Fordoche, Louisiana costs approximately $1,703 per month with 20% down at 7.24%. That is $1,090 principal and interest, $43 property tax, $181 homeowners insurance, $223 utilities and $167 set aside for maintenance.
What is the property tax rate in Fordoche?
Fordoche has an effective property tax rate of 0.255%, based on a median home value of $199,700 and median real estate taxes of $510. That is lower than the Pointe Coupee Parish average of 0.281%.
What is the average home price in Fordoche?
The median owner-occupied home value in Fordoche, Louisiana is $199,700, against $174,500 across Pointe Coupee Parish.
Is it cheaper to rent or buy in Fordoche?
Median gross rent in Fordoche is $677 a month, against $1,703 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 Fordoche?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Fordoche, Louisiana at today's rate takes a household income of roughly $73,000 a year. That covers the full $1,703 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Fordoche, 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.