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Hodge village, LA

ZIP 71247 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 71247

Median Home Value
$76,000
Median Rent
$500
Affordability Snapshot
$21,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$488/mo PITI).

18%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.7 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 71247 in Hodge village, LA, a household would need roughly $21,000 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 $488. That sits below the local median household income ($32,583), 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 27% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
52.4%-20% vs US avg
x
Vacancy Rate
27.1%+164% vs US avg
x
Broadband Access
65.4%-25% vs US avg
x
4+ Bedrooms
4.8%-67% vs US avg
x
Built Pre-1939
4.2%-67% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
16.5%-67% vs US avg
x
Mortgage-Free
72.7%+90% vs US avg
x
$76,000
Home Value
$500
Rent
1969
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 detached85.5%
  • 1-unit attached0.0%
  • 2-9 units8.9%
  • 10+ units1.2%
  • Mobile home & other4.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$76,000
Median rent$500
Owner-occupied52.4%
Vacant27.1%
Price-to-income2.3x
Est. income to buy$21,000