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Franklinton town, LA

ZIP 70438 — 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 70438

Median Home Value
$157,000
Median Rent
$653
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,009/mo PITI).

15%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

20.0 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 70438 in Franklinton town, LA, a household would need roughly $43,000 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 $1,009. That sits below the local median household income ($50,667), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.5%+17% vs US avg
x
Vacancy Rate
14.6%+42% vs US avg
x
Broadband Access
74.5%-14% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
23.6%-53% vs US avg
x
Mortgage-Free
58.5%+53% vs US avg
x
$157,000
Home Value
$653
Rent
1987
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached63.3%
  • 1-unit attached1.5%
  • 2-9 units2.4%
  • 10+ units0.5%
  • Mobile home & other32.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$157,000
Median rent$653
Owner-occupied76.5%
Vacant14.6%
Price-to-income3.1x
Est. income to buy$43,000