Cost of Living in Caddo Parish, LA
Population 230,004 · Census ACS 2020–2024 5-year estimates
The median rent in Caddo Parish, LA is $974/month, 8% lower than the Louisiana median and 31% lower than the U.S. median. The median home value is $175,700, 47% lower than the national median. Households earn a median of $50,705 a year, 17% lower than the state median.
Affordability
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Caddo Parish vs. Louisiana vs. U.S.
| Caddo Parish | Louisiana | U.S. | |
|---|---|---|---|
| Median rent | $974 | $1,064 | $1,413 |
| Median home value | $175,700 | $216,500 | $332,700 |
| Median household income | $50,705 | $60,756 | $80,734 |
| Homeownership rate | 60.2% | 67.4% | 65.2% |
| Bachelor's degree or higher | 26.0% | 27.0% | 35.7% |
| Poverty rate | 22.4% | 18.9% | 12.5% |
| Unemployment rate | 8.7% | 6.3% | 5.2% |
| Work from home | 6.5% | 8.1% | 15.1% |
| Median age | 39.5 | 38.0 | 38.9 |
FAQ
What is the average rent in Caddo Parish, LA?
The median gross rent in Caddo Parish, LA is $974 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Caddo Parish, LA?
Using the common 30% rule, renting a median-priced home takes about $38,960 a year in gross income.
Is Caddo Parish, LA expensive to live in?
Rent there is 31% lower than the U.S. median, and the median home costs about 3.5 times the median household income.
Other counties in Louisiana
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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