Cost of Living in Grant Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Grant Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Grant Parish ranks #1,074 of 3,142 counties for affordability (top 34%)
Sourced county brief
Grant Parish Renter Median Income Estimated at $38,502
The median income for renter households in Grant Parish was recorded at $38,502. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 27.6%, which is 5.1 percentage points lower than the Louisiana unweighted county mean of 32.7%. Median gross rent in the parish was $904 per month, compared to the state unweighted county mean of $914. For homeowners, the median home value was $143,300, while the state unweighted county mean was $167,369. Median selected monthly owner costs for all owner-occupied units were $607. The median income across all households was $64,016. These statistics characterize the 2020-2024 housing cost environment in the parish. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Grant Parish
Affordability Verdict
ACS B25071 estimates median gross rent at 27.6% of renter household income in Grant Parish, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $904 per month; median selected monthly owner costs are $607. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $36,160 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Louisiana unweighted mean of county median rents is $914 per month. Grant Parish's $904 median is 1.1% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Grant Parish
Rent Burden
16.9%
of gross income
Max Housing (28% Rule)
$1,494
per month
Owner Cost Burden
11.4%
of gross income
You can likely afford the median home in Grant Parish
Median home value is $143,300. Estimated monthly cost: $1,144 vs. your max of $1,494.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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