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Madison Parish

Learn about the people, housing, costs and businesses in Madison Parish County

Median Home$95,049
Median Rent$675/month
Population9,513
Leading IndustriesPublic Administration · Construction · Agriculture & Mining30% public administration
Home Value Growth+10.5% over 2 years
Family-Friendly26% of residentswell above average
Homeowners53% of occupied units
NotableTransit87/100 · excellent transit access
NotableAffordable Market$95k median home · lower cost than 96% of the country
Madison Parish
LA

Frequently Asked Questions

What are today's mortgage rates in Madison Parish?

As of today, the 30-year fixed mortgage rate for Madison Parish is approximately 7.205% (7.236% 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 Madison Parish?

The median home value in Madison Parish is $95k. The median monthly rent is $675. Annual property taxes average $277. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Madison Parish?

Home values in Madison Parish have increased 10.5% 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 Madison Parish?

Based on a typical all-in ownership cost of $617/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Madison Parish is $39k/year.

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What industries drive the economy in Madison Parish?

The largest employment sectors in Madison Parish are public administration (30%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas