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Terrebonne Parish Housing Market

Louisiana · 64 counties · Ranked #1777 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$189,100

vs national$189,100 vs $281,900 national

Median Gross Rent

$1,010/mo

vs national$1,010 vs $1,163 national

Effective Tax Rate

0.45%

vs national0.45% vs 1.02% national

Median Household Income

$64,819

vs national$64,819 vs $74,755 national

Affordability Ratio

2.9x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$852

Tax as % of Home Value

0.45%

Monthly Owner Cost

$829

Renter Income

$37,922

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Frequently Asked Questions

What is the median home value in Terrebonne Parish?

The median home value in Terrebonne Parish is $189,100. This is below the national median of $281,900.

How much is rent in Terrebonne Parish?

The median gross rent in Terrebonne Parish is $1,010 per month.

What is the property tax rate in Terrebonne Parish?

The effective property tax rate in Terrebonne Parish is 0.45%. The median annual property tax bill is $852.

Is Terrebonne Parish affordable?

With a home-value-to-income ratio of 2.9x, Terrebonne 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.