Quick facts: Waterproof, LA

Quick Facts

98.7
Cost of Living
below US average
499
Population
30.06
Crime Rate per 1000
above US average
$21,953
Median Income
below US average
$346,000
Median House Price
above US average
$1358
Average Rent
below US average
30%
Poverty Rate
above US average
5.0%
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 $21,953.

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Income Needed to Buy

βœ— Stretch
$109k/year
Based on $346,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $109k vs median $21,953
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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 $21,953
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Waterproof, LA

Waterproof is a small village located in West Carroll Parish, Louisiana. Nestled along the banks of the Mississippi River, it has a rich history tied to agriculture and the river trade. With a population of just a few hundred, Waterproof offers a tight-knit community atmosphere where residents take pride in their local heritage. The village enjoys a rural charm with lush landscapes and scenic views, making it appealing for those who appreciate a slower pace of life. There are nearby recreational opportunities, including fishing and boating on the river. Waterproof features a few local businesses and services, providing essentials for its residents, while larger towns nearby offer additional amenities. Cultural influences in the area are informed by the broader history of Louisiana, known for its diverse heritage and traditions. Despite its small size, Waterproof captures the essence of Southern living with its hospitality and community spirit. Visitors can expect a friendly environment steeped in traditional Louisiana charm.

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