Cost of Living in Vernon Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Vernon Parish Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Vernon Parish, Louisiana
Vernon rents stretch household budgets
Renters in Vernon Parish spend 21.4% of their income on rent, exceeding the 30% affordability threshold but edging above the national comfort zone. With median household income at $58,281 and median rent at $1,038 monthly, housing costs claim a significant portion of earnings.
Above state average for affordability
Vernon Parish's 21.4% rent-to-income ratio exceeds Louisiana's 19.5% state average, placing it among the less affordable rental markets statewide. The median rent of $1,038 is $165 higher than the state average, a notable gap for working families.
Vernon rents higher than Vermilion
Vernon Parish renters pay substantially more than neighbors in Vermilion Parish—$1,038 versus $802 monthly, a difference of $236 annually per household. Despite higher rents, Vernon's median home value of $143,500 undercuts Vermilion's $159,700.
Rent takes bigger share of income
The $1,038 median rent consumes 21.4% of Vernon's $58,281 annual household income, above the national comfort threshold but manageable for dual-income households. Homeowners invest $593 monthly, representing 12.2% of income for mortgage and ownership costs.
Vernon offers trade-offs for movers
Vernon Parish suits renters with moderate incomes willing to dedicate slightly more to housing costs in exchange for lower home prices than comparable parishes. Homebuyers benefit from median values under $144,000, making ownership accessible despite rental pressures.
Affordability Calculator
See how your income compares to housing costs in Vernon Parish
Rent Burden
21.4%
of gross income
Max Housing (28% Rule)
$1,360
per month
Owner Cost Burden
12.2%
of gross income
You can likely afford the median home in Vernon Parish
Median home value is $143,500. Estimated monthly cost: $1,146 vs. your max of $1,360.
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.