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Cost of Living in Terrebonne Parish, LA

Population 106,186 · Census ACS 2020–2024 5-year estimates

Median rent$1,065
Median home value$187,200
Median household income$64,836

The median rent in Terrebonne Parish, LA is $1,065/month, about the same as the Louisiana median and 25% lower than the U.S. median. The median home value is $187,200, 44% lower than the national median. Households earn a median of $64,836 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 19.7%
Income needed for median rent (30% rule): $42,600/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $947/mo

Run your own numbers: mortgage calculator · hourly to salary

Terrebonne Parish vs. Louisiana vs. U.S.

Terrebonne ParishLouisianaU.S.
Median rent$1,065$1,064$1,413
Median home value$187,200$216,500$332,700
Median household income$64,836$60,756$80,734
Homeownership rate75.3%67.4%65.2%
Bachelor's degree or higher18.7%27.0%35.7%
Poverty rate16.0%18.9%12.5%
Unemployment rate4.7%6.3%5.2%
Work from home3.3%8.1%15.1%
Median age38.038.038.9

FAQ

What is the average rent in Terrebonne Parish, LA?

The median gross rent in Terrebonne Parish, LA is $1,065 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $42,600 a year in gross income.

Is Terrebonne Parish, LA expensive to live in?

Rent there is 25% lower than the U.S. median, and the median home costs about 2.9 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

Jackson County, TXRent $1,065 · Income $65,414Grays Harbor County, WARent $1,062 · Income $64,414Cuyahoga County, OHRent $1,060 · Income $64,468San Jacinto County, TXRent $1,060 · Income $65,364Alamance County, NCRent $1,064 · Income $65,651Henderson County, TXRent $1,048 · Income $65,179

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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