Cost of Living in Richland 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 Richland Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Richland Parish ranks #1,152 of 3,142 counties for affordability (top 37%)
Sourced county brief
Official Richland Parish GRAPI is 29.4%
In Richland Parish, the official median Gross Rent as a Percentage of Household Income (GRAPI) is 29.4%. This official B25071 figure is 3.3 percentage points below the Louisiana unweighted county mean official GRAPI of 32.7%. The median gross rent for the parish was estimated at $903 per month, while the state unweighted county mean is $914. Median selected monthly owner costs for all owner-occupied units are $639, which is below the state unweighted county mean of $738. The median home value in the parish was reported as $141,900, compared to the state unweighted county mean of $167,369. Median renter-household income is $31,756. These statistics provide a snapshot of household housing costs according to the 2020-2024 American Community Survey. 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: Richland Parish
Affordability Verdict
ACS B25071 estimates median gross rent at 29.4% of renter household income in Richland 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 $903 per month; median selected monthly owner costs are $639. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $36,120 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. Richland Parish's $903 median is 1.3% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Richland Parish
Rent Burden
20.2%
of gross income
Max Housing (28% Rule)
$1,249
per month
Owner Cost Burden
14.3%
of gross income
You can likely afford the median home in Richland Parish
Median home value is $141,900. Estimated monthly cost: $1,133 vs. your max of $1,249.
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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