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Blanchard

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

Median Home$214,331
Median Rent$881/month
Population3,427
Leading IndustriesEducation · Transportation · Manufacturing4% education
Home Value Growth-7.5% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Blanchard
LA

Frequently Asked Questions

What are today's mortgage rates in Blanchard?

As of today, the 30-year fixed mortgage rate for Blanchard is approximately 7.058% (7.103% 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 Blanchard?

The median home value in Blanchard is $214k. The median monthly rent is $881. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Blanchard?

Home values in Blanchard have decreased 7.5% over the past two years. Buyers may find more negotiating room in this market. 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 Blanchard?

Based on a typical all-in ownership cost of $1,163/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Blanchard is $63k/year.

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What industries drive the economy in Blanchard?

The largest employment sectors in Blanchard are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.