Location: Winn Parish, LA | Metro: Jackson Parish, LA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
U.S. Census Bureau data (2024)
The ZIP code 71422 stands out due to its unique demographic profile. With a population of 1,868 residents, it has a notable rental rate of 26.1%, indicating a significant portion of the community relies on rental housing. The median income here is $36,111, which places financial constraints on many households. Despite these figures, the median home value is listed as N/A, suggesting either a lack of available data or an unusual composition of housing stock.
Moving to the voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $890. This figure contrasts with the current market rent of $840, based on Census American Community Survey (ACS) data. Landlords and small-portfolio investors should note that the FMR is typically higher to ensure affordability and quality of housing for participants in the Section 8 program. This difference means that landlords in ZIP 71422 can expect to receive slightly more than the average market rent when participating in the Section 8 program, providing a potential incentive to join.
In summary, the data signature for ZIP 71422 suggests a transitional environment. The combination of a modest population size, a significant rental percentage, and a lower median income indicates that the area is undergoing changes. The gap between the FMR and the market rent signals a possible adjustment period for the local housing market to align with federal guidelines. For those considering investment in this ZIP code, understanding these dynamics will be crucial in assessing long-term stability and profitability.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.