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Glenmora

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

Median Home$170,950
Median Rent$722/month
Population1,186
Leading IndustriesTransportation · Manufacturing · Construction6% transportation
Home Value Growth⬆⬆+19.6% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners67% of occupied units
Glenmora
LA

Frequently Asked Questions

What are today's mortgage rates in Glenmora?

As of today, the 30-year fixed mortgage rate for Glenmora is approximately 6.975% (7.014% 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 Glenmora?

The median home value in Glenmora is $171k. The median monthly rent is $722. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glenmora?

Home values in Glenmora have increased 19.6% 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 Glenmora?

Based on a typical all-in ownership cost of $672/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 Glenmora is $49k/year.

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What industries drive the economy in Glenmora?

The largest employment sectors in Glenmora are public administration (16%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.