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Carencro

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

Median Home$213,192
Median Rent$983/month
Population10,681
Leading IndustriesManufacturing · Wholesale Trade · Agriculture & Mining5% manufacturing
Home Value Growth⬆⬆+16.1% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners76% of occupied units
Carencro
LA

Frequently Asked Questions

What are today's mortgage rates in Carencro?

As of today, the 30-year fixed mortgage rate for Carencro is approximately 7.015% (7.055% 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 Carencro?

The median home value in Carencro is $213k. The median monthly rent is $983. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carencro?

Home values in Carencro have increased 16.1% 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 Carencro?

Based on a typical all-in ownership cost of $968/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carencro is $67k/year.

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What industries drive the economy in Carencro?

The largest employment sectors in Carencro are public administration (25%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.