Louisiana · Census, HUD and BEA figures · Updated

Cost of Living in Madison Parish, LA

Prices around Madison Parish, LA run 11.8% below the U.S. average (BEA, Louisiana). The typical household there earns $35,456 a year, and HUD puts a two-bedroom at $834 a month. Keeping that rent under 30% of income takes about $33,360 a year.

Madison Parish, LA at a glance

Median household income

$35,456$2,955 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$834HUD FY2026 Fair Market Rent
Price level (U.S. = 100)88.2-11.8% · BEA, Louisiana
Electricity13.5¢per kWh · EIA Residential LA
Population9,513Census ACS 5-year estimate

How much rent can you afford in Madison 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$834Monthly market rent
Share of gross income28.2%Recommended max: 30%
Annual income needed$33,360To meet the 30% standard
Max affordable rent$886At 30% of $35,456
0%30% (Affordability standard)100%
Compare against:

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

HUD's fiscal 2026 Fair Market Rents for Madison Parish, LA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Madison Parish, LA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$616$7,392$24,64020.8%
1-Bedroom Apartment$638$7,656$25,52021.6%
2-Bedroom ApartmentBenchmark$834$10,008$33,36028.2%
3-Bedroom Home$1,100$13,200$44,00037.2%
4-Bedroom Home$1,399$16,788$55,96047.3%

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

What a typical income covers in Madison Parish, LA

The 50/30/20 rule applied to the local median of $35,456 a year ($2,955 a month before tax).

Needs (50%)$1,477/moRent ($834 2-BR), utilities (~$121/mo), groceries, transit
Wants (30%)$886/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$591/moEmergency fund, retirement, paying down loans

What $35,456 leaves after Louisiana taxes

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

$35,456
$15,000$75,000
Filing status:
Gross salary breakdown$35,456
Net 85%
Fed 6%
LA 2%
FICA 8%
Annual take-home$29,991After all taxes
Monthly deposit$2,499Estimated per month
Biweekly paycheck$1,154Every 2 weeks (26/yr)
Effective tax rate15.4%Total tax burden
Federal income tax$2,075 / yr
Louisiana state income tax$677 / yr
FICA (Social Security & Medicare)$2,712 / yr

Living in Madison Parish, LA: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Madison Parish, LA is $35,456 per year (approximately $2,955 per month).

What is the average rent in Madison Parish, LA?

The closest official figure is HUD's Fair Market Rent for 2026: $616 for a studio, $638 for one bedroom, $834 for two, $1,100 for three and $1,399 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 Madison Parish, LA expensive to live in?

Prices there run 11.8% below the U.S. average. BEA's regional price parity for Louisiana is 88.2, 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 Madison Parish, LA?

To keep a $834 two-bedroom under 30% of gross income, a household needs about $33,360 a year, or $2,780 a month. That is 94% of what the typical household in Madison Parish, LA earns.

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

On the local median income of $35,456 ($2,955 a month before tax), the 50/30/20 rule leaves $1,477 a month for needs like rent, utilities and groceries, $886 for everything else and $591 for savings or debt. A two-bedroom at $834 takes 56% of the needs share.

How much is the electric bill in Madison 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.