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Midland

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

Median Home$77,400
Median Rent$505/month
Population263
Leading IndustriesPublic Administration · Manufacturing · Agriculture & Mining34% public administration
Home Value Growth-2.9% over 2 years
Family-Friendly24% 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
Midland
LA

Frequently Asked Questions

What are today's mortgage rates in Midland?

As of today, the 30-year fixed mortgage rate for Midland 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.

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What is the median home price in Midland?

The median home value in Midland 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 Midland?

Home values in Midland 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 Midland?

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 Midland is $67k/year.

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What industries drive the economy in Midland?

The largest employment sectors in Midland are public administration (34%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.