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Hammond city, LA

ZIP 70403 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70403

Median Home Value
$207,600
Median Rent
$775
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,334/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 70403 in Hammond city, LA, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,334. That is roughly in line with the local median household income ($50,547). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
71.1%+9% vs US avg
x
Vacancy Rate
11.6%+12% vs US avg
x
Broadband Access
88.7%+2% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
36.4%-27% vs US avg
x
Mortgage-Free
48.5%+27% vs US avg
x
$207,600
Home Value
$775
Rent
1992
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.7%
  • 1-unit attached1.9%
  • 2-9 units10.8%
  • 10+ units1.9%
  • Mobile home & other13.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$207,600
Median rent$775
Owner-occupied71.1%
Vacant11.6%
Price-to-income4.1x
Est. income to buy$57,000