Cost of Living in Springhill, LA

Population 4,659 · Louisiana · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $28,223, median household incomes in Springhill land roughly 62% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 34% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Located 40 miles northeast of Shreveport, Springhill falls within that metro's commuting orbit. Median home values run roughly 43% lower than Shreveport's $178,000.

Cost Overview

Housing 34
Rent 59

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

About the Cost of Living in Springhill

The median home value in Springhill is $102,200 — 66% below the national median of $305,000. Median rent runs $780/month, 41% lower than the national median of $1,314/month. The median household income of $28,223/year is 62% lower than the US median of $74,580. The local unemployment rate is 12.3%, 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%. Overall, Springhill has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$102,200
66% below avg
Zillow Home Value
$1,806,036
Zillow ZHVI
Median Rent
$780/mo
41% below avg
Price-to-Rent Ratio
10.9x
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 44.6%
Renter-occupied 55.4%

💰 Estimated Monthly Budget

Rent median rent
$780
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,394/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
21.6 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.7%

Commute Mode

Drove alone
66.8%
Carpooled
9.2%
Walked
7.7%
Bicycle
1.5%
Work from home
14.7%

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
$28,223
62% below avg
Per Capita Income
$16,127
Unemployment Rate
12.3%
155% above avg
Poverty Rate
34.3%
Labor Force Participation
34.5%

🎓 Education

Bachelor's degree+ 5.6%
Graduate degree 4.2%

👥 Demographics

Median Age 44.7
Male median age 45.1
Female median age 44.6

Frequently Asked Questions

What is the cost of living in Springhill, LA?

Springhill has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in Springhill, LA?

The median gross rent in Springhill is $780 per month based on 2023 Census data.

What is the average home price in Springhill?

The median home value in Springhill is $102,200 according to Zillow and Census data.

What is the median income in Springhill?

The median household income in Springhill is $28,223 per year (2023 ACS 5-year estimates).

What is the sales tax in Springhill, LA?

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

Is Springhill, LA affordable?

Yes, Springhill is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

Springhill at a Glance

Population
4,659
Median Income
$28,223
Home Value
$102,200
Median Rent
$780/mo
Unemployment
12.3%
Sales Tax
9.5%
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