Cost of Living in Vermilion Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Vermilion Parish Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Vermilion Parish, Louisiana
Vermilion ranks better than nation
Renters in Vermilion Parish spend just 16.7% of their income on rent, well below the national affordability threshold of 30%. This puts the parish among the more affordable rental markets in the country, despite median household income of $57,537—well below the national median of $74,755.
Among Louisiana's most affordable
Vermilion's 16.7% rent-to-income ratio beats Louisiana's state average of 19.5%, ranking the parish as one of the more affordable places to rent in the state. The median rent of $802 per month is also $71 below the state average.
Vermilion versus adjacent parishes
Vermilion Parish offers competitive rental rates compared to nearby Vernon Parish, where renters pay $1,038 monthly—more than $200 above Vermilion's median. Homeownership remains equally accessible, with median home values of $159,700 versus Vernon's $143,500.
Housing costs stay manageable here
Renters dedicate 16.7% of their $57,537 annual income to the $802 monthly median rent, leaving substantial income for other needs. Homeowners fare similarly well, with monthly costs of $582 consuming just 12.1% of household income.
Consider Vermilion for affordability
If housing costs matter in your relocation decision, Vermilion Parish delivers both rental and ownership affordability without sacrificing community stability. The parish's rent-to-income ratio and median home values make it competitive against Louisiana neighbors and the national average.
Affordability Calculator
See how your income compares to housing costs in Vermilion Parish
Rent Burden
16.7%
of gross income
Max Housing (28% Rule)
$1,343
per month
Owner Cost Burden
12.1%
of gross income
You can likely afford the median home in Vermilion Parish
Median home value is $159,700. Estimated monthly cost: $1,275 vs. your max of $1,343.
Rent Affordability Guide
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.