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Fordoche

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

Median Home$177,300
Median Rent$919/month
Population834
Leading IndustriesRetail · Finance & Insurance · Information & Media25% retail
Home Value Growth⬆⬆+17.3% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners80% of occupied units
Fordoche
LA

Frequently Asked Questions

What are today's mortgage rates in Fordoche?

As of today, the 30-year fixed mortgage rate for Fordoche is approximately 6.957% (6.998% 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 Fordoche?

The median home value in Fordoche is $177k. The median monthly rent is $919. Annual property taxes average $488. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fordoche?

Home values in Fordoche have increased 17.3% 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 Fordoche?

Based on a typical all-in ownership cost of $658/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fordoche is $71k/year.

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What industries drive the economy in Fordoche?

The largest employment sectors in Fordoche are retail (25%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.