Quick facts: Natchitoches, LA

Quick Facts

98.7
Cost of Living
below US average
17,440
Population
71.85
Crime Rate per 1000
above US average
$34,020
Median Income
below US average
$220,000
Median House Price
above US average
$975.0
Average Rent
below US average
20%
Poverty Rate
above US average
4.5%
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 $34,020.

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Income Needed to Buy

βœ— Stretch
$69k/year
Based on $220,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $69k vs median $34,020
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Income Needed to Rent

⚠ Stretch
$42k/year
Based on $975.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $42k vs median $34,020
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Natchitoches, LA

Natchitoches, Louisiana, is a charming city known for its rich history and vibrant culture. Established in 1714, it is the oldest permanent settlement in the Louisiana Purchase territory. Natchitoches is famous for its beautiful historic district, featuring well-preserved Creole architecture and numerous landmarks, including the Natchitoches Historic District, which is a designated National Historic Landmark. The city is located along the scenic Cane River, which offers picturesque views and recreational opportunities. Natchitoches is also known for its annual Natchitoches Christmas Festival, one of the oldest and largest lights festivals in the U.S., drawing visitors from all over. Home to Northwestern State University, the city boasts a lively student population and various cultural events throughout the year. The local cuisine features traditional Cajun and Creole dishes, with a strong emphasis on outdoor dining experiences. Natchitoches presents a unique blend of history, culture, and Southern hospitality, making it an inviting destination for visitors and a delightful place to live.

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