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Housing in Waterproof

A typical Waterproof home is worth roughly $47,000

No new homes were permitted in 2013.

Typical home value
$47K
LA $217K
Estimate
2-bedroom rent
$830
a month, utilities in · HUD
Median tax bill
$199
LA $1,180

What kind of housing town is Waterproof?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.2 years of income

Less than across Louisiana (3.6 years). Try your own numbers below.

You could afford about
$92,000
Typical Waterproof home $47K

That covers a typical Waterproof home, with $44K to spare.

The typical home, each month
$260
Loan $230Tax $20Insurance $10

A two-bedroom rents for about $830 a month here, $570 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Waterproof’s typical property tax (0.42% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $830

Renters already here pay a median of $469, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$610
1 bedroom$760
2 bedrooms$830
3 bedrooms$1,170
4 bedrooms$1,260
24%
of households rent · LA 33%
38
renter households
$469
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Tensas Parish, LA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2013

No permits for new homes were issued in Waterproof in 2013. The last year with any was 2010 (1 new home).

Single-family2+ homes per building
05101520 200020052010
0
new homes permitted in 2013
24
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2013000—
2012000—
2011000—
2010110$135,000
2009110$135,000
2008220$270,000
2007220$270,000
2006000—
2005000—
200418018$867,000
2003000—
2002000—
2001000—
2000000—

Waterproof's permit office didn't report to the Census in 2013, so the 2013 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

76% of Waterproof households own their home

Half of Waterproof’s homes were built before 1965.

Owners and renters
Own 76%Rent 24%

Louisiana: 67% own.

1965
typical home built · LA 1983
$199
median property tax bill · LA $1,180
0.42%
of a home’s value, a year in tax · LA 0.55%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Waterproof buyers, sellers and renters are saying.

Town Square →
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Is Waterproof still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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