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New Iberia, LA Housing

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As of 2010-2014, median price of a house in New Iberia is $103,400, which is lower than the state average of $140,400 and is much lower than the national average of $175,700. The New Iberia median house value has grown by 46.05% since 2000. The growth rate for the price of a house in New Iberia is lower than the state average rate of 65.18% and is about the same as the national average rate of 46.91%. The median year that a house in New Iberia was built is 1970, which is older than the median year for a house built in the state which is 1978 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 6,762 Owner Occupied Houses in New Iberia, LA, #195

New Iberia, LA	103,400 USD
Louisiana	140,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #255

New Iberia, LA	46.05%
Louisiana	65.18%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	New Iberia, LA	Louisiana	U.S.
Total Housing Units	13,057, see rank, 100%	1,988,460	132,741,033
Occupied Housing Units	11,409, 87.38%, see rank	86.44%	87.55%
Owner Occupied	6,762, 51.79%, see rank	57.32%	56.34%
Renter Occupied	4,647, 35.59%, see rank	29.12%	31.21%
Vacant Housing Units	1,648, 12.62%, see rank	13.56%	12.45%
For Rent	464, 3.55%, see rank	2.63%	2.34%
For Sale Only	93, 0.71%, see rank	1.10%	1.20%
Rented or Sold, Not Occupied	233, 1.78%, see rank	0.95%	0.92%
For Seasonal, Recreational, or Occasional Use	138, 1.06%, see rank	2.59%	3.97%
For Migrant Workers	88, 0.67%, see rank	0.08%	0.03%
Other Vacant	632, 4.84%, see rank	6.22%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #353

New Iberia, LA	Louisiana	U.S.
1970	1978	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	New Iberia, LA	%	Louisiana	U.S.
Owner-Occupied Units	6,762	100%	1,139,756	74,787,460
With a Mortgage	3,245	47.99%, see rank	54.76%	65.58%
Without a Mortgage	3,517	52.01%, see rank	45.24%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

New Iberia, LA	1,099 USD
Louisiana	1,207 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	New Iberia, LA	%	Louisiana	U.S.
$299 or Less	6	0.18%, see rank	0.30%	0.20%
$300 to $499	144	4.44%, see rank	3.00%	1.59%
$500 to $699	369	11.37%, see rank	9.69%	5.01%
$700 to $999	880	27.12%, see rank	21.94%	14.32%
$1,000 to $1,499	1,060	32.67%, see rank	32.94%	27.90%
$1,500 to $1,999	364	11.22%, see rank	17.38%	20.35%
$2,000 to $2,999	292	9.00%, see rank	11.03%	19.52%
$3,000 or More	130	4.01%, see rank	3.72%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

New Iberia, LA	19.70% of the Total Income
Louisiana	20.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	New Iberia, LA	%	Louisiana	U.S.
10% or Less	273	8.41%, see rank	9.69%	5.86%
10% to 20%	1,387	42.74%, see rank	37.39%	31.95%
20% to 30%	753	23.20%, see rank	23.78%	27.64%
30% to 40%	324	9.98%, see rank	11.02%	13.74%
40% or More	508	15.65%, see rank	17.58%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

New Iberia, LA	309 USD
Louisiana	321 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	New Iberia, LA	%	Louisiana	U.S.
$199 or Less	626	17.80%, see rank	19.26%	7.76%
$200 to $299	1,045	29.71%, see rank	25.79%	14.70%
$300 to $499	1,391	39.55%, see rank	35.65%	34.63%
$500 to $699	369	10.49%, see rank	12.17%	21.16%
$700 or More	86	2.45%, see rank	7.14%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

New Iberia, LA	10.00% of the Total Income
Louisiana	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	New Iberia, LA	%	Louisiana	U.S.
10% or Less	1,746	49.64%, see rank	50.56%	40.19%
10% to 20%	1,014	28.83%, see rank	27.19%	31.47%
20% to 30%	291	8.27%, see rank	9.73%	12.24%
30% to 40%	167	4.75%, see rank	4.05%	5.64%
40% or More	264	7.51%, see rank	6.80%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	New Iberia, LA	Louisiana	U.S.
Total Housing Units	13,057, 100%	1,988,460	132,741,033
1-unit, Detached	8,973, 68.72%, see rank	65.06%	61.65%
1-unit, Attached	162, 1.24%, see rank	3.07%	5.82%
2 Units	376, 2.88%, see rank	3.90%	3.75%
3 or 4 Units	755, 5.78%, see rank	4.26%	4.43%
5 to 9 Units	697, 5.34%, see rank	3.33%	4.78%
10 or More Units	789, 6.04%, see rank	6.95%	13.08%
Mobile Home, Boat, RV, Van, etc.	1,305, 9.99%, see rank	13.43%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	New Iberia, LA	Louisiana	U.S.
Total Housing Units	13,057, 100%	1,988,460	132,741,033
1 Room	176, 1.35%, see rank	1.30%	1.95%
2 Rooms	266, 2.04%, see rank	1.78%	2.48%
3 Rooms	1,128, 8.64%, see rank	7.77%	9.13%
4 Rooms	3,073, 23.54%, see rank	17.53%	16.60%
5 Rooms	3,143, 24.07%, see rank	25.18%	20.41%
6 Rooms	2,306, 17.66%, see rank	19.93%	18.06%
7 Rooms	1,203, 9.21%, see rank	12.11%	12.27%
8 Rooms	861, 6.59%, see rank	7.29%	8.48%
9 Rooms or More	901, 6.90%, see rank	7.10%	10.60%
Median Rooms	5.10, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	New Iberia, LA	Louisiana	U.S.
Total Housing Units	13,057, 100%	1,988,460	132,741,033
No Bedroom	217, 1.66%, see rank	1.42%	2.17%
1 Bedroom	1,317, 10.09%, see rank	8.78%	11.16%
2 Bedrooms	4,427, 33.91%, see rank	25.11%	26.69%
3 Bedrooms	5,538, 42.41%, see rank	48.54%	39.70%
4 Bedrooms	1,226, 9.39%, see rank	13.98%	16.05%
5 or More Bedrooms	332, 2.54%, see rank	2.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	New Iberia, LA	Louisiana	U.S.
Total Housing Units	11,409, 100%	1,718,876	116,211,092
Utility Gas	5,611, 49.18%, see rank	35.46%	48.85%
Bottled, Tank, or LP Gas	38, 0.33%, see rank	2.46%	4.86%
Electricity	5,744, 50.35%, see rank	61.06%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.07%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	10, 0.09%, see rank	0.59%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	6, 0.05%, see rank	0.07%	0.47%
No Fuel Used	0, 0.00%, see rank	0.28%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	New Iberia, LA	Louisiana	U.S.
Occupied Units Paying Rent	4,095, 100%	517,424	39,201,928
$199 or Less	95, 2.32%, see rank	1.85%	1.50%
$200 to $299	362, 8.84%, see rank	4.16%	3.18%
$300 to $499	599, 14.63%, see rank	11.15%	7.37%
$500 to $699	1,084, 26.47%, see rank	21.20%	16.01%
$700 to $999	1,463, 35.73%, see rank	35.30%	29.17%
$1,000 to $1,499	305, 7.45%, see rank	20.64%	26.88%
$1,500 to $1,999	85, 2.08%, see rank	4.19%	9.79%
$2,000 or More	102, 2.49%, see rank	1.51%	6.10%
Median	$685, see rank	$786	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	New Iberia, LA	Louisiana	U.S.
Occupied Housing Units	11,409, 100%	1,718,876	116,211,092
No Vehicles Available	1,618, 14.18%, see rank	8.59%	9.12%
1 Vehicles Available	4,637, 40.64%, see rank	37.07%	33.80%
2 Vehicles Available	3,641, 31.91%, see rank	37.93%	37.48%
3 or More Vehicles Available	1,513, 13.26%, see rank	16.42%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.