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Cankton

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

Median Home$204,600
Median Rent$1,290/month
Population696
Leading IndustriesWholesale Trade · Public Administration · Professional Services11% wholesale trade
Home Value Growth⬆⬆+14.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners73% of occupied units
Cankton
LA

Frequently Asked Questions

What are today's mortgage rates in Cankton?

As of today, the 30-year fixed mortgage rate for Cankton is approximately 6.928% (6.965% 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 Cankton?

The median home value in Cankton is $205k. The median monthly rent is $1,290. Annual property taxes average $657. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cankton?

Home values in Cankton have increased 14.7% over the past two years. This indicates a strong appreciation trend. 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 Cankton?

Based on a typical all-in ownership cost of $992/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cankton is $61k/year.

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What industries drive the economy in Cankton?

The largest employment sectors in Cankton are public administration (28%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.