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Richland Parish Housing Market

Louisiana · 64 counties · Ranked #719 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$124,500

vs national$124,500 vs $281,900 national

Median Gross Rent

$836/mo

vs national$836 vs $1,163 national

Effective Tax Rate

0.35%

vs national0.35% vs 1.02% national

Median Household Income

$52,960

vs national$52,960 vs $74,755 national

Affordability Ratio

2.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

25.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$438

Tax as % of Home Value

0.35%

Monthly Owner Cost

$590

Renter Income

$31,279

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Frequently Asked Questions

What is the median home value in Richland Parish?

The median home value in Richland Parish is $124,500. This is below the national median of $281,900.

How much is rent in Richland Parish?

The median gross rent in Richland Parish is $836 per month.

What is the property tax rate in Richland Parish?

The effective property tax rate in Richland Parish is 0.35%. The median annual property tax bill is $438.

Is Richland Parish affordable?

With a home-value-to-income ratio of 2.4x, Richland Parish is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.