Louisiana · Census, HUD and BEA figures · Updated

Cost of Living in Caddo Parish, LA

Prices around Caddo Parish, LA run 15.2% below the U.S. average (BEA, the metro area). The typical household there earns $50,705 a year, and HUD puts a two-bedroom at $1,111 a month. Keeping that rent under 30% of income takes about $44,440 a year.

Caddo Parish, LA at a glance

Median household income

$50,705$4,225 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,111HUD FY2026 Fair Market Rent
Price level (U.S. = 100)84.8-15.2% · BEA, the metro area
Electricity13.5¢per kWh · EIA Residential LA
Population230,004Census ACS 5-year estimate

How much rent can you afford in Caddo Parish, LA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,111Monthly market rent
Share of gross income26.3%Recommended max: 30%
Annual income needed$44,440To meet the 30% standard
Max affordable rent$1,268At 30% of $50,705
0%30% (Affordability standard)100%
Compare against:

How much is rent in Caddo Parish, LA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Shreveport-Bossier City, LA MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Caddo Parish, LA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$870$10,440$34,80020.6%
1-Bedroom Apartment$982$11,784$39,28023.2%
2-Bedroom ApartmentBenchmark$1,111$13,332$44,44026.3%
3-Bedroom Home$1,458$17,496$58,32034.5%
4-Bedroom Home$1,552$18,624$62,08036.7%

Rent in Caddo Parish, LA, with the wage each unit needs →

What a typical income covers in Caddo Parish, LA

The 50/30/20 rule applied to the local median of $50,705 a year ($4,225 a month before tax).

Needs (50%)$2,113/moRent ($1,111 2-BR), utilities (~$121/mo), groceries, transit
Wants (30%)$1,268/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$845/moEmergency fund, retirement, paying down loans

What $50,705 leaves after Louisiana taxes

Federal income tax, Social Security, Medicare and Louisiana tax on the local median income. Change the salary to see yours.

$50,705
$20,000$105,000
Filing status:
Gross salary breakdown$50,705
Net 82%
Fed 8%
LA 2%
FICA 8%
Annual take-home$41,787After all taxes
Monthly deposit$3,482Estimated per month
Biweekly paycheck$1,607Every 2 weeks (26/yr)
Effective tax rate17.6%Total tax burden
Federal income tax$3,905 / yr
Louisiana state income tax$1,135 / yr
FICA (Social Security & Medicare)$3,879 / yr

Living in Caddo Parish, LA: common questions

What is the median household income in Caddo Parish, LA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Caddo Parish, LA is $50,705 per year (approximately $4,225 per month).

What is the average rent in Caddo Parish, LA?

The closest official figure is HUD's Fair Market Rent for 2026: $870 for a studio, $982 for one bedroom, $1,111 for two, $1,458 for three and $1,552 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Caddo Parish, LA expensive to live in?

Prices there run 15.2% below the U.S. average. BEA's regional price parity for the metro area is 84.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Caddo Parish, LA?

To keep a $1,111 two-bedroom under 30% of gross income, a household needs about $44,440 a year, or $3,703 a month. That is 88% of what the typical household in Caddo Parish, LA earns.

How much do you need to live comfortably in Caddo Parish, LA?

On the local median income of $50,705 ($4,225 a month before tax), the 50/30/20 rule leaves $2,113 a month for needs like rent, utilities and groceries, $1,268 for everything else and $845 for savings or debt. A two-bedroom at $1,111 takes 53% of the needs share.

How much is the electric bill in Caddo Parish, LA?

Homes in Louisiana paid 13.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $121. Your bill depends mostly on heating and cooling.