Home/Louisiana/Vermilion Parish

Vermilion Parish Housing Market

Louisiana · 64 counties · Ranked #1317 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$159,700

vs national$159,700 vs $281,900 national

Median Gross Rent

$802/mo

vs national$802 vs $1,163 national

Effective Tax Rate

0.34%

vs national0.34% vs 1.02% national

Median Household Income

$57,537

vs national$57,537 vs $74,755 national

Affordability Ratio

2.8x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$538

Tax as % of Home Value

0.34%

Monthly Owner Cost

$582

Renter Income

$26,055

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Frequently Asked Questions

What is the median home value in Vermilion Parish?

The median home value in Vermilion Parish is $159,700. This is below the national median of $281,900.

How much is rent in Vermilion Parish?

The median gross rent in Vermilion Parish is $802 per month.

What is the property tax rate in Vermilion Parish?

The effective property tax rate in Vermilion Parish is 0.34%. The median annual property tax bill is $538.

Is Vermilion Parish affordable?

With a home-value-to-income ratio of 2.8x, Vermilion 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.