Housing decision brief
Assumption Parish, LA Housing Market
Assumption Parish screens as a below-state purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
27th lowest home value out of 64 Louisiana counties with data | 29th lowest rent out of 63
Median home value
$141,200
Purchase-price signal from Census ACS.
Median rent
$801/mo
Gross rent, including utilities where reported.
Monthly owner cost
$533/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.7x
Median home value divided by local household income.
Rent burden
45.0%
At or above the 30% burden threshold.
Rent vs own
$268/mo
Median owner cost screens below median rent.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$141,200 median home value is 6% below Louisiana county median
Lower rent
$801/mo is 1% below Louisiana county median
Owning screens cheaper than renting
Median owner costs are $268/mo below median rent before individual mortgage terms.
What to Check
Lower income base
$52,546 median income is 1% below Louisiana county median
Tax rate needs attention
0.43% effective property-tax rate is No Louisiana county median comparison available
Health context
Health score is 32.6 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Households weighing ownership against renting
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Assumption Parish is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $141,200 | $150,850 | $281,900 | 6% favorable6% below Louisiana county median |
Median gross rent Lower usually helps affordability. | $801 | $806 | $1,163 | Near state median1% below Louisiana county median |
Monthly owner cost Lower usually helps affordability. | $533 | $595 | $1,672 | 10% favorable10% below Louisiana county median |
Median household income | $52,546 | $53,177 | $74,755 | Near state median1% below Louisiana county median |
Effective property-tax rate Lower usually helps affordability. | 0.43% | 0.00% | 1.02% | Needs dataNo Louisiana county median comparison available |
Rent burden Lower usually helps affordability. | 45.00% | 30.00% | N/A | 50% pressure45.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$20,506
Median income minus rent threshold.
Owner cushion
+$29,703
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Housing in Assumption Parish is affordable. The median rent is $801/month against a median household income of $52,546, putting rent at 18.3% of income.
Rent vs own
Renters in Assumption Parish pay $801/month on average, compared to $533/month for homeowners. This market favors buyers by about 33%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,040/year. For owner costs at the 28% rule, the required income is roughly $22,843/year. With a median household income of $52,546, most households can comfortably afford rent here. Notably, 45.0% of renter households in Assumption Parish are cost-burdened, spending more than 30% of income on housing.
Regional context
Within Louisiana, Assumption Parish is more affordable than East Feliciana Parish by roughly 8% ($801/mo vs $745/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Jefferson Davis Parish, LA | $145,000 | $847/mo | Same-state comparison near $145,000 home value and $847/mo rent. |
| St. Mary Parish, LA | $128,000 | $839/mo | Same-state comparison near $128,000 home value and $839/mo rent. |
| St. Martin Parish, LA | $151,000 | $865/mo | Same-state comparison near $151,000 home value and $865/mo rent. |
| Richland Parish, LA | $124,500 | $836/mo | Same-state comparison near $124,500 home value and $836/mo rent. |
| Grant Parish, LA | $135,900 | $806/mo | Same-state comparison near $135,900 home value and $806/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Assumption Parish
Is Assumption Parish affordable for buying a home?
Is renting or owning cheaper in Assumption Parish?
How much income do you need for housing in Assumption Parish?
What should I double-check before moving to Assumption Parish?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.