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Bourg

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

Median Home$221,465
Median Rent$1,126/month
Population2,176
Leading IndustriesManufacturing · Agriculture & Mining · Public Administration6% manufacturing
Home Value Growth+1.4% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners85% of occupied units
NotableHigh Incomes$87k/year · top 28% nationally
Bourg
LA

Frequently Asked Questions

What are today's mortgage rates in Bourg?

As of today, the 30-year fixed mortgage rate for Bourg is approximately 6.974% (7.013% 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 Bourg?

The median home value in Bourg is $221k. The median monthly rent is $1,126. Annual property taxes average $841. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bourg?

Home values in Bourg have increased 1.4% over the past two years. The market has been relatively stable. 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 Bourg?

Based on a typical all-in ownership cost of $1,067/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bourg is $87k/year.

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What industries drive the economy in Bourg?

The largest employment sectors in Bourg are public administration (28%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.