Total monthly cost of ownership
Cost to Own a Home in Killian, Louisiana
A $324,000 home here costs
$2,626per 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 $112,500 a year.
A standard mortgage calculator would have told you $1,766. The real number is $859 higher every month, 49% more than the payment most buyers budget for.
Compare Livingston Parish with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Killian from a five-year rolling sample, and with about 1,313 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 Livingston 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.
Killian against Livingston Parish and Louisiana
| Measure | Killian | Livingston Parish |
|---|---|---|
| Median home value | $323,900 | $218,900 |
| Median property tax | $892 | $1,079 |
| Effective tax rate | 0.275% | 0.493% |
| Median gross rent | $1,875 | $1,102 |
| Population | 1,313 | 145,583 |
The weather behind that power bill
Killian sits in Livingston Parish, which averages a high of 92.2°F in its hottest month and a low of 41.6°F in its coldest, with 61.94" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,818 cooling and 1,534 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Livingston Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Livingston Parish
Full Livingston Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Killian 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 Killian every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Killian I already own here and may sell
Common questions
How much does it cost to own a home in Killian?
A $324,000 home in Killian, Louisiana costs approximately $2,626 per month with 20% down at 7.24%. That is $1,766 principal and interest, $74 property tax, $292 homeowners insurance, $223 utilities and $270 set aside for maintenance.
What is the property tax rate in Killian?
Killian has an effective property tax rate of 0.275%, based on a median home value of $323,900 and median real estate taxes of $892. That is lower than the Livingston Parish average of 0.493%.
What is the average home price in Killian?
The median owner-occupied home value in Killian, Louisiana is $323,900, against $218,900 across Livingston Parish.
Is it cheaper to rent or buy in Killian?
Median gross rent in Killian is $1,875 a month, against $2,626 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 Killian?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Killian, Louisiana at today's rate takes a household income of roughly $112,500 a year. That covers the full $2,626 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Killian, 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.