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Watson

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

Median Home$248,459
Median Rent$1,055/month
Population983
Leading IndustriesConstruction · Transportation · Agriculture & Mining10% construction
Home Value Growth+7.5% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners96% of occupied units
NotableHigh Incomes$86k/year · top 29% nationally
Watson
LA

Frequently Asked Questions

What are today's mortgage rates in Watson?

As of today, the 30-year fixed mortgage rate for Watson is approximately 6.934% (6.971% 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 Watson?

The median home value in Watson is $248k. The median monthly rent is $1,055. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Watson?

Home values in Watson have increased 7.5% over the past two years. This represents moderate growth. 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 Watson?

Based on a typical all-in ownership cost of $1,230/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Watson is $86k/year.

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What industries drive the economy in Watson?

The largest employment sectors in Watson are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.