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Houma

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

Median Home$189,771
Median Rent$1,000/month
Population32,326
Leading IndustriesManufacturing · Agriculture & Mining · Finance & Insurance7% manufacturing
Home Value Growth+10.7% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners70% of occupied units
NotableAmenity Score71/100 · highly walkable area
NotableTransit79/100 · excellent transit access
Houma
LA

Frequently Asked Questions

What are today's mortgage rates in Houma?

As of today, the 30-year fixed mortgage rate for Houma is approximately 6.967% (7.012% 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 Houma?

The median home value in Houma is $190k. The median monthly rent is $1,000. Annual property taxes average $766. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Houma?

Home values in Houma have increased 10.7% 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 Houma?

Based on a typical all-in ownership cost of $1,001/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Houma is $64k/year.

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What industries drive the economy in Houma?

The largest employment sectors in Houma are public administration (20%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.