How much is a home worth in ZIP code 71111?

The typical home in 71111 is worth $277,398, based on the Zillow Home Value Index.

Are home values rising in 71111?

Home values in 71111 are up 1.7% over the past year, and up 4.8% a year over five years.

What is the typical rent in 71111?

A typical home in 71111 rents for about $1,594 a month, a gross rental yield of 6.9%.

What is the property tax rate in 71111?

The effective property tax rate in 71111 is 0.8% — roughly $2,107 a year on a typical home.

ZIP code 71111 has a population of 43,925 and a median household income of $65,292.

HousingHandbookReference data

…

U.S. ZIP Code · LA71111

Bossier Parish · Shreveport-Bossier City, LA

Typical home value

$277,398^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.7%
5-year / yr: +4.8%
10-year / yr: +3.3%

Relative price

vs U.S.: -2.3%
vs metro: +51.3%
vs state: +52.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 71111 is worth $277,398 — 51.3% above the Shreveport-Bossier City, LA median. Over the past year, values have risen 1.7%. Homes here rent for a typical $1,594 a month — a 6.9% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,594^[2]
Gross yield: 6.9%^[2]
Cap rate: 4.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,107^[3]

#Climate risk

FEMA National Risk Index ratings for Bossier Parish. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Relatively Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 43,925^[3]
Median household income: $65,292^[3]

#Migration

Household moves in and out of Bossier Parish over a year, from IRS tax-return data.

Net migration: -7^[5]
Moved in: 4,478
Moved out: 4,485

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 12
Elementary: 7
Middle: 2
High: 2

Airline High School
High · Grades 8–12 · Bossier Parish
1,951 students
Cope Middle School
Middle · Grades 6–8 · Bossier Parish
847 students
Apollo Elementary School
Elementary · Grades K–5 · Bossier Parish
770 students
Bossier High School
High · Grades 8–12 · Bossier Parish
723 students
Greenacres Middle School
Middle · Grades 6–8 · Bossier Parish
604 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.9%

Net yield (after ~40% expenses)4.1%

Annual rent$19,124

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,403

Loan principal$221,918

Down payment$55,480

Total interest paid$283,044

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.14

Monthly cost to own$1,810

Monthly rent$1,594

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 89th percentile^[1]
Rental yield: 18th percentile^[2]
Property tax: 89th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 71111?: The typical home in 71111 is worth $277,398, based on the Zillow Home Value Index.
Are home values rising in 71111?: Home values in 71111 are up 1.7% over the past year, and up 4.8% a year over five years.
What is the typical rent in 71111?: A typical home in 71111 rents for about $1,594 a month, a gross rental yield of 6.9%.
What is the property tax rate in 71111?: The effective property tax rate in 71111 is 0.8% — roughly $2,107 a year on a typical home.
Who lives in 71111?: ZIP code 71111 has a population of 43,925 and a median household income of $65,292.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

71033 vs 71111 →
Greenwood, LA
Typical home
$254,589
Gross yield
—
71115 vs 71111 →
Shreveport, LA
Typical home
$254,051
Gross yield
6.7%
71037
Red Chute CDP, LA
Typical home
$253,555
Gross yield
—
71106
Shreveport, LA
Typical home
$233,872
Gross yield
6.0%
71007
LA
Typical home
$230,857
Gross yield
—
71047
Shreveport, LA
Typical home
$229,120
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 71111 against any other ZIP — full side-by-side table.

Compare 71111 →

#Jump to section

U.S. ZIP Code · LA71111

Get more data on ZIPs like this

Get more data on ZIPs like this