HOUSING
Shelter is a human necessity and is often a household’s largest expense. Evaluating relevant housing data can reveal characteristics about the cost of housing in a given region, which can then be compared to poverty and labor participation data. Collectively, this information can inform efforts to provide housing assistance to areas that need it most.
Rent-Burdened Households
A household is considered rent-burdened when rent costs exceed 30% of income. Rent-burden is a significant challenge across Louisiana.
Home Values in Louisiana
Median home value gives an idea of the typical cost of housing in a given region. Half of all housing arrangements in a region lie below the median and the other half are above the median.