Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Mermentau

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

Median Home$77,400
Median Rent$505/month
Population544
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining6% manufacturing
Home Value Growth-2.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners75% of occupied units
NotableAffordable Market$77k median home · lower cost than 98% of the country
NotableTransit88/100 · excellent transit access
Mermentau
LA

Frequently Asked Questions

What are today's mortgage rates in Mermentau?

As of today, the 30-year fixed mortgage rate for Mermentau is approximately 7.059% (7.101% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Mermentau
What is the median home price in Mermentau?

The median home value in Mermentau is $77k. The median monthly rent is $505. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mermentau?

Home values in Mermentau have decreased 2.9% 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 Mermentau?

Based on a typical all-in ownership cost of $460/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mermentau is $67k/year.

Calculate your buying power
What industries drive the economy in Mermentau?

The largest employment sectors in Mermentau are public administration (31%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.