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Lutcher

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

Median Home$222,280
Median Rent$1,712/month
Population2,965
Leading IndustriesRetail · Arts, Food & Hospitality · Healthcare22% retail
Home Value Growth-0.2% over 2 years
Retirees27% of residentsabove average nationally
Homeowners84% of occupied units
Lutcher
LA

Frequently Asked Questions

What are today's mortgage rates in Lutcher?

As of today, the 30-year fixed mortgage rate for Lutcher is approximately 7.050% (7.091% 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 Lutcher?

The median home value in Lutcher is $222k. The median monthly rent is $1,712. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lutcher?

Home values in Lutcher have decreased 0.2% over the past two years. Buyers may find more negotiating room in this market. 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 Lutcher?

Based on a typical all-in ownership cost of $703/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lutcher is $61k/year.

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What industries drive the economy in Lutcher?

The largest employment sectors in Lutcher are public administration (24%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.