Total monthly cost of ownership
Cost to Own a Home in Rosepine, Louisiana
A $193,000 home here costs
$1,759per 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 $75,500 a year.
A standard mortgage calculator would have told you $1,052. The real number is $707 higher every month, 67% more than the payment most buyers budget for.
Compare Vernon Parish with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Rosepine from a five-year rolling sample, and with about 1,817 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 Vernon 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.
Rosepine against Vernon Parish and Louisiana
| Measure | Rosepine | Vernon Parish |
|---|---|---|
| Median home value | $193,300 | $143,500 |
| Median property tax | $1,795 | $776 |
| Effective tax rate | 0.929% | 0.541% |
| Median gross rent | $725 | $1,038 |
| Population | 1,817 | 47,764 |
The weather behind that power bill
Rosepine sits in Vernon Parish, which averages a high of 93.6°F in its hottest month and a low of 37.4°F in its coldest, with 59.31" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,453 cooling and 2,004 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Vernon Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Vernon Parish
Full Vernon Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Rosepine 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 Rosepine every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Rosepine I already own here and may sell
Common questions
How much does it cost to own a home in Rosepine?
A $193,000 home in Rosepine, Louisiana costs approximately $1,759 per month with 20% down at 7.24%. That is $1,052 principal and interest, $149 property tax, $174 homeowners insurance, $223 utilities and $161 set aside for maintenance.
What is the property tax rate in Rosepine?
Rosepine has an effective property tax rate of 0.929%, based on a median home value of $193,300 and median real estate taxes of $1,795. That is higher than the Vernon Parish average of 0.541%.
What is the average home price in Rosepine?
The median owner-occupied home value in Rosepine, Louisiana is $193,300, against $143,500 across Vernon Parish.
Is it cheaper to rent or buy in Rosepine?
Median gross rent in Rosepine is $725 a month, against $1,759 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 Rosepine?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Rosepine, Louisiana at today's rate takes a household income of roughly $75,500 a year. That covers the full $1,759 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rosepine, 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.