Cost of Living in Concordia Parish, Louisiana

$774/mo
Median Monthly Rent
$102,400
Median Home Value
11% below state averageUnaffordable

At a Glance

Median Monthly Rent
$774/mo
11% below state average
Median Home Value
$102,400
64% below national
Rent-to-Income Ratio
33.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Concordia Parish Compares

Median monthly rent comparison

Concordia Parish$774/mo
Louisiana Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$774/mo
Median Gross Rent
$102,400
Median Home Value
$541/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Concordia Parish, Louisiana

Concordia's rent crushes low incomes

Concordia Parish residents spend 24.9% of their income on rent—the highest burden in our analysis and far above national averages. With a median household income of $37,349—50% below the national median—housing dominates Concordia's household finances.

Concordia's affordability crisis worst

At 24.9%, Concordia's rent-to-income ratio is Louisiana's worst, exceeding the state average by over 5 percentage points. This parish faces the state's most severe housing affordability challenge.

Concordia's income-to-rent mismatch

Concordia's median rent of $774 is higher than Caldwell ($756) and Catahoula ($724), yet its median income of $37,349 is among the state's lowest. This combination creates an affordability crisis unseen elsewhere in the region.

Housing devours Concordia budgets

Renters pay $774 monthly and homeowners pay $541 against a median income of $37,349—nearly 25% of income for renters, leaving little for other necessities. Concordia's housing burden ranks among America's worst.

Concordia demands stronger job market

Relocating to Concordia Parish requires securing employment well above the current median income of $37,349 to achieve reasonable affordability. Without significant income growth, housing will remain a crushing burden.

Affordability Calculator

See how your income compares to housing costs in Concordia Parish

$

Rent Burden

24.9%

of gross income

Max Housing (28% Rule)

$871

per month

Owner Cost Burden

17.4%

of gross income

You can likely afford the median home in Concordia Parish

Median home value is $102,400. Estimated monthly cost: $817 vs. your max of $871.

Rent Affordability Guide

Your rent-to-income ratio24.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Concordia Parish, Louisiana?
Concordia Parish, Louisiana has a median monthly rent of $774/mo and a median home value of $102,400. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Concordia Parish?
The median gross rent in Concordia Parish is $774/mo. This is 11% below state average for Louisiana.
Is Concordia Parish affordable?
Concordia Parish is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Concordia Parish's rent compare to the state average?
Concordia Parish's median rent of $774/mo is 11% below state average of $873/mo for Louisiana.
What is the median home value in Concordia Parish?
The median home value in Concordia Parish, Louisiana is $102,400. This is 64% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.