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Varnado

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

Median Home$147,400
Median Rent$721/month
Population310
Leading IndustriesPublic Administration · Retail · Wholesale Trade42% public administration
Home Value Growth⬆⬆⬆+23.4% over 2 years
Young Adults26% of residents
Homeowners70% of occupied units
NotableAffordable Market$147k median home · lower cost than 75% of the country
Varnado
LA

Frequently Asked Questions

What are today's mortgage rates in Varnado?

As of today, the 30-year fixed mortgage rate for Varnado is approximately 6.958% (6.996% 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 Varnado?

The median home value in Varnado is $147k. The median monthly rent is $721. Annual property taxes average $297. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Varnado?

Home values in Varnado 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 Varnado?

Based on a typical all-in ownership cost of $552/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Varnado is $31k/year.

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What industries drive the economy in Varnado?

The largest employment sectors in Varnado are public administration (42%) and retail (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.