Terrytown, LA

Very Low · 72

Louisiana · Population 25,844 · Updated March 2026

$1,065
Median Rent / Month
$56,944
Median Income
$212,000
Median Home Value
$1,069
Owner Costs / Month

Affordability

How far your income goes in Terrytown

22.4%
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

$12,780
Annual Rent
$2,420
State Income Tax
$1,166
Property Tax (est.)

Cost of Living Overview

Terrytown is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 72 (where 100 equals the national median), Terrytown residents can expect to pay median rent of $1,065/month while earning a median household income of $56,944/year.

The median home value in Terrytown, LA is $212,000, with typical monthly owner costs around $1,069 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.4% 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 Terrytown.

Frequently Asked Questions

Common questions about living costs in Terrytown

What is the cost of living in Terrytown, LA?
The cost of living index in Terrytown, LA is 72 (US average = 100). Median monthly rent is $1,065, median household income is $56,944/year, and the median home value is $212,000.
Is Terrytown, LA affordable?
Yes, Terrytown is more affordable than the national average with a cost index of 72. The rent-to-income ratio is 22.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Terrytown, LA?
The median gross rent in Terrytown, LA is $1,065 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,780.
What is the median household income in Terrytown?
The median household income in Terrytown, LA is $56,944 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%.