Cost to Own
United StatesLouisianaTerrebonne ParishSchriever Population 6,052 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Schriever, Louisiana

A $176,000 home here costs

$1,486

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $905. The real number is $581 higher every month — 64% more than the payment most buyers budget for.

Schriever median: $176,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $140,800 borrowed $905
Property tax0.547% effective rate for Schriever itself $80
Homeowners insuranceLouisiana averages $2,259/yr (NAIC), or 1.083% of home value $159
Electricity14.15¢/kWh — Louisiana residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $147
Total monthly $1,486

Schriever against Terrebonne Parish and Louisiana

MeasureSchrieverTerrebonne Parish
Median home value$176,200$189,100
Median property tax$964$852
Effective tax rate0.547%0.451%
Median gross rent$932$1,010
Population6,052107,362

The weather behind that power bill

Schriever sits in Terrebonne Parish, which averages a high of 91.4°F in its hottest month and a low of 43.5°F in its coldest, with 65.42" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,969 cooling and 1,250 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for Terrebonne Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Terrebonne Parish

Full Terrebonne Parish cost breakdown · Every county in Louisiana

Common questions

How much does it cost to own a home in Schriever?

A $176,000 home in Schriever, Louisiana costs approximately $1,486 per month with 20% down at 6.66%. That is $905 principal and interest, $80 property tax, $159 homeowners insurance, $195 utilities and $147 set aside for maintenance.

What is the property tax rate in Schriever?

Schriever has an effective property tax rate of 0.547%, based on a median home value of $176,200 and median real estate taxes of $964. That is higher than the Terrebonne Parish average of 0.451%.

What is the average home price in Schriever?

The median owner-occupied home value in Schriever, Louisiana is $176,200, against $189,100 across Terrebonne Parish.

Is it cheaper to rent or buy in Schriever?

Median gross rent in Schriever is $932 a month, against $1,486 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 Schriever — 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.

Full methodology