Broussard, LA

Below Avg · 85

Louisiana · Population 13,791 · Updated March 2026

$982
Median Rent / Month
$116,613
Median Income
$301,000
Median Home Value
$1,384
Owner Costs / Month

Affordability

How far your income goes in Broussard

10.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Louisiana

State-level tax rates that affect your costs

4.25%
Income Tax (Top Rate)
4.45%
Sales Tax
0.55%
Property Tax Rate

Estimated Annual Costs

$11,784
Annual Rent
$4,956
State Income Tax
$1,656
Property Tax (est.)

Cost of Living Overview

Broussard offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 85 (where 100 equals the national median), Broussard residents can expect to pay median rent of $982/month while earning a median household income of $116,613/year.

The median home value in Broussard, LA is $301,000, with typical monthly owner costs around $1,384 including mortgage, insurance, and taxes. The median rent-to-income ratio of 10.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Louisiana has a moderate income tax rate of 4.25%. Combined with a 4.45% sales tax rate and 0.55% effective property tax rate, the overall tax environment is a factor in the total cost of living in Broussard.

Frequently Asked Questions

Common questions about living costs in Broussard

What is the cost of living in Broussard, LA?
The cost of living index in Broussard, LA is 85 (US average = 100). Median monthly rent is $982, median household income is $116,613/year, and the median home value is $301,000.
Is Broussard, LA affordable?
Yes, Broussard is more affordable than the national average with a cost index of 85. The rent-to-income ratio is 10.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Broussard, LA?
The median gross rent in Broussard, LA is $982 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,784.
What is the median household income in Broussard?
The median household income in Broussard, LA is $116,613 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Louisiana?
Louisiana has a top income tax rate of 4.25%, a sales tax of 4.45%, and an effective property tax rate of 0.55%.