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Point Place

Learn about the people, housing, costs and businesses in Point Place, Louisiana

Median Home$238,000
Median Rent$671/month
Population376
Leading IndustriesManufacturing · Arts, Food & Hospitality · Agriculture & Mining3% manufacturing
Home Value Growth+10.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
Point Place
LA

Frequently Asked Questions

What are today's mortgage rates in Point Place?

As of today, the 30-year fixed mortgage rate for Point Place 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 Point Place?

The median home value in Point Place is $238k. The median monthly rent is $671. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Point Place?

Home values in Point Place have increased 10.4% 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 Point Place?

Based on a typical all-in ownership cost of $959/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Point Place is $52k/year.

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What industries drive the economy in Point Place?

The largest employment sectors in Point Place are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.