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Lucky village, LA

ZIP 71016 — 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 71016

Median Home Value
$88,400
Median Rent
$284
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$568/mo PITI).

9%
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.

25.9 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 71016 in Lucky village, LA, a household would need roughly $24,000 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 $568. That sits below the local median household income ($37,734), 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
82.4%+26% vs US avg
x
Vacancy Rate
15.2%+47% vs US avg
x
Broadband Access
71.5%-18% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
1.7%-87% vs US avg
x
Built Post-2014
2.1%-70% vs US avg
x
Rent Burden >30%
11.2%-77% vs US avg
x
Mortgage-Free
65.9%+73% vs US avg
x
$88,400
Home Value
$284
Rent
1987
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached51.4%
  • 1-unit attached0.0%
  • 2-9 units0.6%
  • 10+ units0.8%
  • Mobile home & other47.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$88,400
Median rent$284
Owner-occupied82.4%
Vacant15.2%
Price-to-income2.3x
Est. income to buy$24,000