Carencro, LA

Very Low · 68

Louisiana · Population 10,882 · Updated March 2026

$924
Median Rent / Month
$70,217
Median Income
$211,200
Median Home Value
$1,025
Owner Costs / Month

Affordability

How far your income goes in Carencro

15.8%
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

$11,088
Annual Rent
$2,984
State Income Tax
$1,162
Property Tax (est.)

Cost of Living Overview

Carencro is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 68 (where 100 equals the national median), Carencro residents can expect to pay median rent of $924/month while earning a median household income of $70,217/year.

The median home value in Carencro, LA is $211,200, with typical monthly owner costs around $1,025 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.8% 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 Carencro.

Frequently Asked Questions

Common questions about living costs in Carencro

What is the cost of living in Carencro, LA?
The cost of living index in Carencro, LA is 68 (US average = 100). Median monthly rent is $924, median household income is $70,217/year, and the median home value is $211,200.
Is Carencro, LA affordable?
Yes, Carencro is more affordable than the national average with a cost index of 68. The rent-to-income ratio is 15.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Carencro, LA?
The median gross rent in Carencro, LA is $924 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,088.
What is the median household income in Carencro?
The median household income in Carencro, LA is $70,217 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%.