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Bunkie

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

Median Home$92,100
Median Rent$824/month
Population3,135
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining2% manufacturing
Home Value Growth+5.2% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners51% of occupied units
NotableAffordable Market$92k median home · lower cost than 94% of the country
Bunkie
LA

Frequently Asked Questions

What are today's mortgage rates in Bunkie?

As of today, the 30-year fixed mortgage rate for Bunkie is approximately 6.983% (7.022% 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 Bunkie?

The median home value in Bunkie is $92k. The median monthly rent is $824. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bunkie?

Home values in Bunkie have increased 5.2% 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 Bunkie?

Based on a typical all-in ownership cost of $674/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bunkie is $27k/year.

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What industries drive the economy in Bunkie?

The largest employment sectors in Bunkie are public administration (29%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.