Thibodaux, LA

Very Low · 71

Louisiana · Population 15,792 · Updated March 2026

$989
Median Rent / Month
$53,775
Median Income
$237,400
Median Home Value
$940
Owner Costs / Month

Affordability

How far your income goes in Thibodaux

22.1%
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

$11,868
Annual Rent
$2,285
State Income Tax
$1,306
Property Tax (est.)

Cost of Living Overview

Thibodaux is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 71 (where 100 equals the national median), Thibodaux residents can expect to pay median rent of $989/month while earning a median household income of $53,775/year.

The median home value in Thibodaux, LA is $237,400, with typical monthly owner costs around $940 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.1% 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 Thibodaux.

Frequently Asked Questions

Common questions about living costs in Thibodaux

What is the cost of living in Thibodaux, LA?
The cost of living index in Thibodaux, LA is 71 (US average = 100). Median monthly rent is $989, median household income is $53,775/year, and the median home value is $237,400.
Is Thibodaux, LA affordable?
Yes, Thibodaux is more affordable than the national average with a cost index of 71. The rent-to-income ratio is 22.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Thibodaux, LA?
The median gross rent in Thibodaux, LA is $989 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,868.
What is the median household income in Thibodaux?
The median household income in Thibodaux, LA is $53,775 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%.