Total monthly cost of ownership
Cost to Own a Home in Welsh, Louisiana
A $188,000 home here costs
$1,604per 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 $69,000 a year.
A standard mortgage calculator would have told you $1,025. The real number is $579 higher every month, 57% more than the payment most buyers budget for.
Compare Jefferson Davis Parish with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Welsh from a five-year rolling sample, and with about 3,323 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 Jefferson Davis 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.
Welsh against Jefferson Davis Parish and Louisiana
| Measure | Welsh | Jefferson Davis Parish |
|---|---|---|
| Median home value | $187,900 | $145,000 |
| Median property tax | $362 | $409 |
| Effective tax rate | 0.193% | 0.282% |
| Median gross rent | $820 | $847 |
| Population | 3,323 | 32,083 |
The weather behind that power bill
Welsh sits in Jefferson Davis Parish, which averages a high of 91.0°F in its hottest month and a low of 41.6°F in its coldest, with 63.51" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,667 cooling and 1,618 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Jefferson Davis Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson Davis Parish
Full Jefferson Davis Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Welsh 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 Welsh every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Welsh?
A $188,000 home in Welsh, Louisiana costs approximately $1,604 per month with 20% down at 7.24%. That is $1,025 principal and interest, $30 property tax, $170 homeowners insurance, $223 utilities and $157 set aside for maintenance.
What is the property tax rate in Welsh?
Welsh has an effective property tax rate of 0.193%, based on a median home value of $187,900 and median real estate taxes of $362. That is lower than the Jefferson Davis Parish average of 0.282%.
What is the average home price in Welsh?
The median owner-occupied home value in Welsh, Louisiana is $187,900, against $145,000 across Jefferson Davis Parish.
Is it cheaper to rent or buy in Welsh?
Median gross rent in Welsh is $820 a month, against $1,604 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 Welsh?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Welsh, Louisiana at today's rate takes a household income of roughly $69,000 a year. That covers the full $1,604 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Welsh, 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.