Business Insider names Cecilia ‘most affordable’

Cecilia, in St. Martin Parish, emerged as one of the 50 most affordable small towns in the nation, according to Business Insider, the largest business news site on the web.
BI looked at towns with populations between 1,000 and 10,000 whose households spend no more than 30 percent of their annual income on housing costs. They looked at the average cost of three types of housing – owned houses with a mortgage, owned houses without a mortgage, and rentals – and took a weighted average of these by the proportion of each type of home in the town to produce a ranking.
The towns didn’t have to be incorporated but rather U.S. Census-designated.
Louisiana made the list more than any other state with nine towns. Texas came in second with seven.
Cecilia ranks No. 27 with 92.3 percent of the houses deemed affordable according to BI’s protocols.
Other Louisiana towns on the list were:
•Lawtell (St. Landry Parish), No. 3 with 97.8 percent affordable homes.
•Hackberry (Cameron), No. 5, 95.1 percent.
•Milton (Lafayette), No. 7, 94.9 percent.
•Pierre Part (Assumption), No. 8, 94.6 percent.
•Amelia (St. Mary), No. 11, 94.3 percent.
•Estherwood (Acadia), No. 16, 93.5 percent.
•South Vacherie (St. James), No. 36, 91.4 percent.
•Sarepta (Webster), No. 39, 91.2 percent.
Ranking No. 1 with 100 percent affordability is Boomer, W.Va.