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Powhatan

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

Median Home$203,700
Median Rent$1,006/month
Population100
Leading IndustriesManufacturing · Agriculture & Mining · Healthcare4% manufacturing
Home Value Growth⬆⬆⬆+23.4% over 2 years
Retirees25% of residentsabove average nationally
Homeowners80% of occupied units
Powhatan
LA

Frequently Asked Questions

What are today's mortgage rates in Powhatan?

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

The median home value in Powhatan is $204k. The median monthly rent is $1,006. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Powhatan?

Home values in Powhatan have increased 23.4% 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 Powhatan?

Based on a typical all-in ownership cost of $700/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Powhatan is $65k/year.

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What industries drive the economy in Powhatan?

The largest employment sectors in Powhatan are public administration (25%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.