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Abbeville

Learn about the people, housing, costs and businesses in Abbeville, Louisiana

Median Home$129,390
Median Rent$843/month
Population10,922
Leading IndustriesManufacturing · Construction · Agriculture & Mining1% manufacturing
Home Value Growth+7.5% over 2 years
Young Adults29% of residentsslightly above average
Homeowners55% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableAffordable Market$129k median home · lower cost than 81% of the country
Abbeville
LA

Frequently Asked Questions

What are today's mortgage rates in Abbeville?

As of today, the 30-year fixed mortgage rate for Abbeville is approximately 7.020% (7.061% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Abbeville?

The median home value in Abbeville is $129k. The median monthly rent is $843. Annual property taxes average $260. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Abbeville?

Home values in Abbeville have increased 7.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Abbeville?

Based on a typical all-in ownership cost of $646/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Abbeville is $38k/year.

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What industries drive the economy in Abbeville?

The largest employment sectors in Abbeville are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.