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Timberlane

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

Median Home$222,794
Median Rent$1,589/month
Population10,143
Leading IndustriesTransportation · Finance & Insurance · Information & Media6% transportation
Home Value Growth+2.4% over 2 years
Family-Friendly28% of residentswell above average
Homeowners74% of occupied units
NotableAmenity Score75/100 · highly walkable area
Timberlane
LA

Frequently Asked Questions

What are today's mortgage rates in Timberlane?

As of today, the 30-year fixed mortgage rate for Timberlane is approximately 6.996% (7.036% 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 Timberlane?

The median home value in Timberlane is $223k. The median monthly rent is $1,589. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Timberlane?

Home values in Timberlane have increased 2.4% over the past two years. The market has been relatively stable. 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 Timberlane?

Based on a typical all-in ownership cost of $1,366/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Timberlane is $65k/year.

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What industries drive the economy in Timberlane?

The largest employment sectors in Timberlane are public administration (22%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.