Quick facts: Donaldsonville, LA

Quick Facts

98.7
Cost of Living
below US average
6,841
Population
34.06
Crime Rate per 1000
above US average
$22,110
Median Income
below US average
$197,500
Median House Price
above US average
$1099.63
Average Rent
below US average
29%
Poverty Rate
above US average
5.1%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $22,110.

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Income Needed to Buy

βœ— Stretch
$62k/year
Based on $197,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $62k vs median $22,110
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Income Needed to Rent

⚠ Stretch
$47k/year
Based on $1099.63/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $47k vs median $22,110
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Donaldsonville, LA

Donaldsonville is a charming city located in Ascension Parish, Louisiana, situated near the banks of the Mississippi River. Known for its rich history and cultural heritage, Donaldsonville offers a glimpse into the past with its well-preserved architecture and historical landmarks. The city was established in the early 19th century and served as the capital of the Louisiana Republic for a brief period. The downtown area features a mix of historic buildings and local businesses, giving it a quaint, small-town feel. Notable sites include the historic St. Elizabeth Catholic Church and the beautiful River Road African American Museum, which showcases the contributions of African Americans to the region. Outdoor enthusiasts can enjoy activities along the Mississippi River and local parks, offering opportunities for fishing, boating, and picnicking. Additionally, Donaldsonville hosts community events and festivals reflecting its diverse culture and traditions. With its friendly atmosphere and close-knit community, Donaldsonville serves as a great destination to explore Louisiana's unique history and offer a peaceful escape from the hustle of larger cities.

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