Total monthly cost of ownership
Cost to Own a Home in Pierre Part, Louisiana
A $162,000 home here costs
$1,370per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $833. The real number is $537 higher every month — 64% 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.
Pierre Part against Assumption Parish and Louisiana
| Measure | Pierre Part | Assumption Parish |
|---|---|---|
| Median home value | $162,400 | $141,200 |
| Median property tax | $728 | $609 |
| Effective tax rate | 0.448% | 0.431% |
| Median gross rent | $283 | $801 |
| Population | 2,333 | 20,720 |
The weather behind that power bill
Pierre Part sits in Assumption Parish, which averages a high of 90.8°F in its hottest month and a low of 41.7°F in its coldest, with 63.4" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,705 cooling and 1,525 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Assumption Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Assumption Parish
Full Assumption Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Pierre Part?
A $162,000 home in Pierre Part, Louisiana costs approximately $1,370 per month with 20% down at 6.66%. That is $833 principal and interest, $60 property tax, $146 homeowners insurance, $195 utilities and $135 set aside for maintenance.
What is the property tax rate in Pierre Part?
Pierre Part has an effective property tax rate of 0.448%, based on a median home value of $162,400 and median real estate taxes of $728. That is higher than the Assumption Parish average of 0.431%.
What is the average home price in Pierre Part?
The median owner-occupied home value in Pierre Part, Louisiana is $162,400, against $141,200 across Assumption Parish.
Is it cheaper to rent or buy in Pierre Part?
Median gross rent in Pierre Part is $283 a month, against $1,370 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 Pierre Part — 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.