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Downsville

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

Median Home$188,338
Median Rent$1,042/month
Population130
Leading IndustriesEducation · Construction · Arts, Food & Hospitality3% education
Home Value Growth+5.5% over 2 years
Retirees28% of residentswell above average
Homeowners83% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Downsville
LA

Frequently Asked Questions

What are today's mortgage rates in Downsville?

As of today, the 30-year fixed mortgage rate for Downsville is approximately 6.837% (6.871% 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 Downsville?

The median home value in Downsville is $188k. The median monthly rent is $1,042. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Downsville?

Home values in Downsville have increased 5.5% 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 Downsville?

Based on a typical all-in ownership cost of $870/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Downsville is $63k/year.

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What industries drive the economy in Downsville?

The largest employment sectors in Downsville are public administration (20%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.