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
National Ranking
Affordability Rank
Vernon Parish ranks #296 of 3,144 counties for affordability (top 9%)
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.
Cost of Living Advisory: Vernon Parish
Affordability Verdict
Vernon Parish offers affordable rental housing at a median of $1,038/month — about 21.4% of the typical household income here.
Rent vs. Own
The median rent in Vernon Parish is $1,038/month, while owner costs run $593/month. Owning saves approximately $445/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $41,520/year. For owner costs at the 28% rule, the required income is roughly $25,414/year. With a median household income of $58,281, most households can comfortably afford rent here. Notably, 25.0% of renter households in Vernon Parish are cost-burdened, spending more than 30% of income on housing.
Regional Context
Vernon Parish sits 5% less expensive than Calcasieu Parish ($1,096/month) in terms of median gross rent.
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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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