Quick facts: Bastrop, LA

Quick Facts

98.7
Cost of Living
below US average
9,169
Population
58.57
Crime Rate per 1000
above US average
$29,286
Median Income
below US average
$128,000
Median House Price
above US average
$1358
Average Rent
below US average
29%
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 $29,286.

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Income Needed to Buy

βœ— Stretch
$40k/year
Based on $128,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $40k vs median $29,286
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Income Needed to Rent

⚠ Stretch
$58k/year
Based on $1358/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $58k vs median $29,286
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bastrop, LA

Bastrop is a charming city located in Morehouse Parish, Louisiana. Known for its rich history and Southern hospitality, Bastrop serves as a cultural hub for the region. The city is situated along the Ouachita River, which provides a scenic backdrop and recreational opportunities such as fishing and boating. Bastrop has a historic downtown area characterized by beautiful architecture and a variety of local shops, restaurants, and cafes. The city's heritage is evident in landmarks like the Morehouse Memorial Museum, which showcases the history and culture of the area. Additionally, the annual events, such as the Bastrop Arts and Crafts Festival, highlight the community's vibrant arts scene. Outdoor enthusiasts can enjoy nearby parks and natural areas, including the expansive D'Arbonne National Wildlife Refuge, which offers hiking, bird watching, and wildlife photography opportunities. With its friendly atmosphere and access to nature, Bastrop is a hidden gem in Louisiana with a pace of life that invites relaxation and exploration. Whether you're visiting or looking to settle down, Bastrop offers a unique blend of history, culture, and community spirit.

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