Cost of Living in Farmerville, LA

Population 3,331 · Louisiana · Data vintage 2023

45
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $22,191, median household incomes in Farmerville land roughly 70% below the US median, a gap that tends to persist across local labor-market indicators. Around 54% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Farmerville lies roughly 85 miles east of the nearest major metro, Shreveport — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 38% lower than Shreveport's $178,000.

Cost Overview

Housing 36
Rent 57

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Farmerville

The median home value in Farmerville is $111,100 — 64% below the national median of $305,000. Median rent runs $745/month, 43% lower than the national median of $1,314/month. The median household income of $22,191/year is 70% lower than the US median of $74,580. The local unemployment rate is 9.8%, above the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. The climate averages highs of 75.4°F and lows of 51.5°F. Overall, Farmerville has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$111,100
64% below avg
Zillow Home Value
$360,124
Zillow ZHVI
Median Rent
$745/mo
43% below avg
Price-to-Rent Ratio
12.4x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$816
2 BR
$988
3 BR
$1,280
4 BR
$1,513
Owner-occupied 42.4%
Renter-occupied 57.6%

💰 Estimated Monthly Budget

Rent median rent
$745
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,359/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.8 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.2%

Commute Mode

Drove alone
81.0%
Carpooled
11.5%
Walked
2.2%
Work from home
5.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.3%
Total Sales Tax 9.5%
State rate 4.5%
Avg local rate 5.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$22,191
70% below avg
Per Capita Income
$18,917
Unemployment Rate
9.8%
104% above avg
Poverty Rate
54.4%
Labor Force Participation
34.2%

🎓 Education

Bachelor's degree+ 5.2%
Graduate degree 4.3%

👥 Demographics

Median Age 38.2
Male median age 33.8
Female median age 45.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.4°F
Avg Low
51.5°F
Annual Precip
59.9"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566068768389929288776658
Low °F 343743506067706962504136
Precip" 5.625.315.815.674.873.844.914.284.175.094.505.84

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
18.4:1
Student-teacher ratio
5
Public schools
2,001
Total enrollment

Frequently Asked Questions

What is the cost of living in Farmerville, LA?

Farmerville has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Farmerville, LA?

The median gross rent in Farmerville is $745 per month based on 2023 Census data.

What is the average home price in Farmerville?

The median home value in Farmerville is $111,100 according to Zillow and Census data.

What is the median income in Farmerville?

The median household income in Farmerville is $22,191 per year (2023 ACS 5-year estimates).

What is the sales tax in Farmerville, LA?

The combined state and local sales tax rate in Farmerville is 9.5%. The Louisiana state income tax top rate is 4.3%.

Is Farmerville, LA affordable?

Yes, Farmerville is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

What is the weather like in Farmerville?

Farmerville has average high temperatures of 75.4°F and average lows of 51.5°F. Annual precipitation is 59.9". Data from NOAA 1991–2020 Climate Normals.

Farmerville at a Glance

Population
3,331
Median Income
$22,191
Home Value
$111,100
Median Rent
$745/mo
Unemployment
9.8%
Avg High Temp
75.4°F
Sales Tax
9.5%
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Explore county-level cost of living data

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