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Elizabeth

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

Median Home$87,100
Median Rent$684/month
Population398
Leading IndustriesConstruction · Transportation · Agriculture & Mining10% construction
Home Value Growth+10.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners89% of occupied units
NotableAffordable Market$87k median home · lower cost than 95% of the country
Elizabeth
LA

Frequently Asked Questions

What are today's mortgage rates in Elizabeth?

As of today, the 30-year fixed mortgage rate for Elizabeth is approximately 6.998% (7.041% 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 Elizabeth?

The median home value in Elizabeth is $87k. The median monthly rent is $684. Annual property taxes average $531. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elizabeth?

Home values in Elizabeth have increased 10.9% 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 Elizabeth?

Based on a typical all-in ownership cost of $433/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elizabeth is $52k/year.

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What industries drive the economy in Elizabeth?

The largest employment sectors in Elizabeth are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.