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Ferriday

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

Median Home$93,328
Median Rent$696/month
Population3,020
Leading IndustriesManufacturing · Education · Wholesale Trade2% manufacturing
Home Value Growth⬆⬆+19.2% over 2 years
Family-Friendly28% of residentswell above average
Homeowners60% of occupied units
NotableAffordable Market$93k median home · lower cost than 94% of the country
Ferriday
LA

Frequently Asked Questions

What are today's mortgage rates in Ferriday?

As of today, the 30-year fixed mortgage rate for Ferriday is approximately 6.842% (6.876% 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 Ferriday?

The median home value in Ferriday is $93k. The median monthly rent is $696. Annual property taxes average $243. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ferriday?

Home values in Ferriday have increased 19.2% 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 Ferriday?

Based on a typical all-in ownership cost of $549/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ferriday is $30k/year.

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What industries drive the economy in Ferriday?

The largest employment sectors in Ferriday are public administration (25%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.