Cost of Living in Lincoln Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lincoln Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lincoln Parish ranks #1,620 of 3,144 counties for affordability (bottom 48%)
Data Story
About Cost of Living in Lincoln Parish, Louisiana
Lincoln Parish: steepest housing burden in Louisiana group
At 25.9%, Lincoln Parish's rent-to-income ratio far exceeds the national average and every other parish here, signaling severe affordability stress. The median household income of just $38,035—the lowest in this group and 49% below the national median—creates acute housing pressure.
Least affordable Louisiana parish in this comparison
Lincoln Parish's 25.9% rent-to-income ratio towers above the Louisiana state average of 19.5%, indicating the most stretched housing burden in this eight-parish group. Low median income compounds the challenge despite moderate absolute rent levels.
Income challenges overshadow moderate rent costs
Lincoln's $821/month median rent falls in the middle range of these parishes, but the combination with the lowest median income ($38,035) creates the worst affordability ratio. This parish's economic challenges require stronger income growth to improve housing sustainability.
Renters stretch to 25.9%; homeownership offers modest relief
The median renter allocates $821 monthly—a crushing 25.9% of just $38,035 household income—the most burdensome ratio in this group. Homeowners face $632/month costs, which helps, but the parish's income level remains the central challenge.
Lincoln Parish: affordability challenges demand attention
With a 25.9% rent-to-income ratio, Lincoln Parish signals economic stress that housing affordability alone cannot solve—local income growth is the critical need. Relocate here only with secure, above-average income prospects that exceed parish medians.
Cost of Living Advisory: Lincoln Parish
Affordability Verdict
For renters in Lincoln Parish, the market is moderately affordable. Expect to pay around $821/month in gross rent, with 39.0% of renter households considered cost-burdened.
Rent vs. Own
The median rent in Lincoln Parish is $821/month, while owner costs run $632/month. Owning saves approximately $189/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,840/year. For owner costs at the 28% rule, the required income is roughly $27,086/year. With a median household income of $38,035, most households can comfortably afford rent here. Notably, 39.0% of renter households in Lincoln Parish are cost-burdened, spending more than 30% of income on housing.
Regional Context
Lincoln Parish sits 7% more expensive than East Carroll Parish ($767/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Lincoln Parish
Rent Burden
25.9%
of gross income
Max Housing (28% Rule)
$887
per month
Owner Cost Burden
19.9%
of gross income
The median home in Lincoln Parish may be a stretch
Median home value is $195,500. Estimated monthly cost: $1,561 vs. your max of $887.
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 (2019-2023) — Informational only. Not financial or legal advice.
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