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Basile town, LA

ZIP 70515 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70515

Median Home Value
$126,400
Median Rent
$460
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$812/mo PITI).

8%
Rent-to-Income Ratio

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

1.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.9 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 70515 in Basile town, LA, a household would need roughly $35,000 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 $812. That sits below the local median household income ($65,220), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.6%+22% vs US avg
x
Vacancy Rate
24.5%+138% vs US avg
x
Broadband Access
80.5%-7% vs US avg
x
4+ Bedrooms
0.6%-96% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
11.7%-76% vs US avg
x
Mortgage-Free
54.0%+41% vs US avg
x
$126,400
Home Value
$460
Rent
1974
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 detached91.1%
  • 1-unit attached0.0%
  • 2-9 units0.1%
  • 10+ units0.3%
  • Mobile home & other8.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$126,400
Median rent$460
Owner-occupied79.6%
Vacant24.5%
Price-to-income1.9x
Est. income to buy$35,000