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Erwinville

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

Median Home$265,452
Median Rent$713/month
Population2,326
Leading IndustriesRetail · Manufacturing16% retail
Home Value Growth⬆⬆+12.4% over 2 years
Young Adults33% of residentswell above average
Homeowners85% of occupied units
NotableTransit81/100 · excellent transit access
Erwinville
LA

Frequently Asked Questions

What are today's mortgage rates in Erwinville?

As of today, the 30-year fixed mortgage rate for Erwinville is approximately 6.909% (6.946% 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 Erwinville?

The median home value in Erwinville is $265k. The median monthly rent is $713. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Erwinville?

Home values in Erwinville have increased 12.4% 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 Erwinville?

Based on a typical all-in ownership cost of $687/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 Erwinville is $82k/year.

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What industries drive the economy in Erwinville?

The largest employment sectors in Erwinville are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.