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Mamou

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

Median Home$99,602
Median Rent$568/month
Population2,904
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining8% manufacturing
Home Value Growth+9.2% over 2 years
Family-Friendly30% of residentstop 4% nationally
Renters55% of occupied units
NotableAffordable Market$100k median home · lower cost than 92% of the country
Mamou
LA

Frequently Asked Questions

What are today's mortgage rates in Mamou?

As of today, the 30-year fixed mortgage rate for Mamou is approximately 7.377% (7.430% 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 Mamou?

The median home value in Mamou is $100k. The median monthly rent is $568. Annual property taxes average $245. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mamou?

Home values in Mamou have increased 9.2% over the past two years. This represents moderate growth. 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 Mamou?

Based on a typical all-in ownership cost of $579/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mamou is $29k/year.

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What industries drive the economy in Mamou?

The largest employment sectors in Mamou are public administration (38%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.