Counties › Louisiana

Cost of Living in Ouachita Parish, LA

Population 158,480 · Census ACS 2020–2024 5-year estimates

Median rent$959
Median home value$194,400
Median household income$54,688

The median rent in Ouachita Parish, LA is $959/month, 10% lower than the Louisiana median and 32% lower than the U.S. median. The median home value is $194,400, 42% lower than the national median. Households earn a median of $54,688 a year, 10% lower than the state median.

Affordability

Rent as a share of median income: 21.0%
Income needed for median rent (30% rule): $38,360/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $983/mo

Run your own numbers: mortgage calculator · hourly to salary

Ouachita Parish vs. Louisiana vs. U.S.

Ouachita ParishLouisianaU.S.
Median rent$959$1,064$1,413
Median home value$194,400$216,500$332,700
Median household income$54,688$60,756$80,734
Homeownership rate61.0%67.4%65.2%
Bachelor's degree or higher28.6%27.0%35.7%
Poverty rate23.2%18.9%12.5%
Unemployment rate6.5%6.3%5.2%
Work from home8.3%8.1%15.1%
Median age36.638.038.9

FAQ

What is the average rent in Ouachita Parish, LA?

The median gross rent in Ouachita Parish, LA is $959 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Ouachita Parish, LA?

Using the common 30% rule, renting a median-priced home takes about $38,360 a year in gross income.

Is Ouachita Parish, LA expensive to live in?

Rent there is 32% lower than the U.S. median, and the median home costs about 3.6 times the median household income.

Other counties in Louisiana

East Baton Rouge Parish, LARent $1,147 · Income $63,071Jefferson Parish, LARent $1,190 · Income $65,252Orleans Parish, LARent $1,251 · Income $56,631St. Tammany Parish, LARent $1,332 · Income $81,202Lafayette Parish, LARent $1,057 · Income $67,451Caddo Parish, LARent $974 · Income $50,705

Counties with a similar cost of living

Hidalgo County, TXRent $957 · Income $54,338Greensville County, VARent $969 · Income $54,668Cook County, GARent $956 · Income $53,651San Juan County, NMRent $956 · Income $55,872Otero County, NMRent $962 · Income $55,876Nacogdoches County, TXRent $965 · Income $53,555

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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