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Shreveport city, LA

ZIP 71047 — 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 71047

Median Home Value
$141,000
Median Rent
$750
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$906/mo PITI).

16%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.7 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 71047 in Shreveport city, LA, a household would need roughly $39,000 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 $906. That sits below the local median household income ($57,359), 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 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.8%+36% vs US avg
x
Vacancy Rate
11.4%+11% vs US avg
x
Broadband Access
87.3%+0% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
1.0%-93% vs US avg
x
Built Post-2014
0.9%-86% vs US avg
x
Rent Burden >30%
31.7%-36% vs US avg
x
Mortgage-Free
55.9%+46% vs US avg
x
$141,000
Home Value
$750
Rent
1989
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached53.5%
  • 1-unit attached0.3%
  • 2-9 units1.0%
  • 10+ units0.0%
  • Mobile home & other45.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$141,000
Median rent$750
Owner-occupied88.8%
Vacant11.4%
Price-to-income2.5x
Est. income to buy$39,000