Cost of Living in Marksville, LA

Population 4,964 · Louisiana · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $35,750, median household incomes in Marksville land roughly 52% below the US median, a gap that tends to persist across local labor-market indicators. Around 33% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Marksville is about 65 miles north of Lafayette, the nearest large metro. Median home values run roughly 37% lower than Lafayette's $251,000.

Cost Overview

Housing 52
Rent 55

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

About the Cost of Living in Marksville

The median home value in Marksville is $159,500 — 48% below the national median of $305,000. Median rent runs $725/month, 45% lower than the national median of $1,314/month. The median household income of $35,750/year is 52% lower than the US median of $74,580. The local unemployment rate is 4.6%, below 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 78.1°F and lows of 53.8°F. Overall, Marksville has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$159,500
48% below avg
Zillow Home Value
$122,203
Zillow ZHVI
Median Rent
$725/mo
45% below avg
Price-to-Rent Ratio
18.3x
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 54.3%
Renter-occupied 45.7%

💰 Estimated Monthly Budget

Rent median rent
$725
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,339/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
36.3 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.8%

Commute Mode

Drove alone
85.2%
Carpooled
5.8%
Walked
5.4%
Work from home
2.8%

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
$35,750
52% below avg
Per Capita Income
$23,845
Unemployment Rate
4.6%
4% below avg
Poverty Rate
33.3%
Labor Force Participation
48.2%

🎓 Education

Bachelor's degree+ 10.0%
Graduate degree 6.2%

👥 Demographics

Median Age 33.4
Male median age 32.2
Female median age 33.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.1°F
Avg Low
53.8°F
Annual Precip
57.1"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 606472788591939489806962
Low °F 374047536168717065534338
Precip" 5.774.825.444.924.384.914.033.543.644.885.195.61

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
22.5:1
Student-teacher ratio
10
Public schools
5,054
Total enrollment

Frequently Asked Questions

What is the cost of living in Marksville, LA?

Marksville has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Marksville, LA?

The median gross rent in Marksville is $725 per month based on 2023 Census data.

What is the average home price in Marksville?

The median home value in Marksville is $159,500 according to Zillow and Census data.

What is the median income in Marksville?

The median household income in Marksville is $35,750 per year (2023 ACS 5-year estimates).

What is the sales tax in Marksville, LA?

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

Is Marksville, LA affordable?

Yes, Marksville is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Marksville?

Marksville has average high temperatures of 78.1°F and average lows of 53.8°F. Annual precipitation is 57.1". Data from NOAA 1991–2020 Climate Normals.

Marksville at a Glance

Population
4,964
Median Income
$35,750
Home Value
$159,500
Median Rent
$725/mo
Unemployment
4.6%
Avg High Temp
78.1°F
Sales Tax
9.5%
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Explore county-level cost of living data

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