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Taft

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

Median Home$239,100
Population59
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade9% construction
Home Value Growth⬆⬆+13.8% over 2 years
Retirees22% of residentsnear the national average
Homeowners94% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$90k/year · top 25% nationally
Taft
LA

Frequently Asked Questions

What are today's mortgage rates in Taft?

As of today, the 30-year fixed mortgage rate for Taft is approximately 6.921% (6.958% 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 Taft?

The median home value in Taft is $239k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taft?

Home values in Taft have increased 13.8% 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 Taft?

Based on a typical all-in ownership cost of $935/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Taft is $90k/year.

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What industries drive the economy in Taft?

The largest employment sectors in Taft are public administration (25%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.