Total monthly cost of ownership
Cost to Own a Home in Scott, Louisiana
A $156,000 home here costs
$1,332per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $802. The real number is $530 higher every month — 66% 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.
Scott against Lafayette Parish and Louisiana
| Measure | Scott | Lafayette Parish |
|---|---|---|
| Median home value | $155,700 | $234,200 |
| Median property tax | $773 | $1,329 |
| Effective tax rate | 0.496% | 0.567% |
| Median gross rent | $1,002 | $1,022 |
| Population | 8,348 | 245,075 |
The weather behind that power bill
Scott sits in Lafayette Parish, which averages a high of 91.6°F in its hottest month and a low of 41.2°F in its coldest, with 64.74" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,716 cooling and 1,575 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Lafayette Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lafayette Parish
Full Lafayette Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Scott?
A $156,000 home in Scott, Louisiana costs approximately $1,332 per month with 20% down at 6.66%. That is $802 principal and interest, $64 property tax, $141 homeowners insurance, $195 utilities and $130 set aside for maintenance.
What is the property tax rate in Scott?
Scott has an effective property tax rate of 0.496%, based on a median home value of $155,700 and median real estate taxes of $773. That is lower than the Lafayette Parish average of 0.567%.
What is the average home price in Scott?
The median owner-occupied home value in Scott, Louisiana is $155,700, against $234,200 across Lafayette Parish.
Is it cheaper to rent or buy in Scott?
Median gross rent in Scott is $1,002 a month, against $1,332 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 Scott — 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.