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Marrero

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

Median Home$171,712
Median Rent$1,074/month
Population32,677
Leading IndustriesWholesale Trade · Manufacturing11% wholesale trade
Home Value Growth+10.7% over 2 years
Retirees22% of residentsnear the national average
Homeowners67% of occupied units
NotableAmenity Score73/100 · highly walkable area
Marrero
LA

Frequently Asked Questions

What are today's mortgage rates in Marrero?

As of today, the 30-year fixed mortgage rate for Marrero is approximately 6.993% (7.036% 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 Marrero?

The median home value in Marrero is $172k. The median monthly rent is $1,074. Annual property taxes average $696. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marrero?

Home values in Marrero 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 Marrero?

Based on a typical all-in ownership cost of $817/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marrero is $42k/year.

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What industries drive the economy in Marrero?

The largest employment sectors in Marrero are public administration (22%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.