MyNeighborhood

Can you afford to live in Lake Charles?

Median household income, home values and rent in Lake Charles, LA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Lake Charles.

Median household income: $56,864 — +54.7% since 2015 (not adjusted for inflation)

Median gross rent: $1,090/mo — +44.8% since 2015

Median home value, 2015 to 2023

  • 2015: 131600
  • 2023: 204000

Median household income

  • Lake Charles: 56864
  • Calcasieu Parish: 67849
  • LA: 60023
  • U.S.: 78538

Median gross rent

  • Lake Charles: 1090
  • Calcasieu Parish: 1096
  • LA: 1038
  • U.S.: 1348

Share of income a typical renter spends on rent: 33.8% — U.S.: 30.2%

What it means

The typical household here earns $56,864 — far lower than the national figure of $78,538.

The typical renter here spends 33.8% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+54.7% versus +44.8%), before adjusting for inflation.

Sources

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