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Rental Insights for ZIP Code 71047 (Keithville, LA)

Housing Rentals in ZIP Code 71047 (Keithville, LA)

71047 ZIP Code in Louisiana

A Comprehensive Look at Rentals in the ZIP Code 71047

The 71047 ZIP Code is primarily associated with Keithville, LA in Caddo Parish County. The median housing rent payment in this Louisiana region is $789 per month. About 14.1% of housing units in this Caddo Parish County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 11.4%.

The median rent in ZIP Code 71047 of $789 per month is 9% lower than the aggregate Louisiana median monthly rent of $866, and is 26% lower than the $1,062 the median monthly rent in the U.S. overall. About 67.3% of residents in ZIP Code 71047 pay between $500 and $999 per month for rent. That is 31% higher than in Louisiana overall, in which 51.5% of total state residents pay between $500 and $999 per month for housing. Just 1.1% of renters in this Keithville, LA region pay between $1,500 and $1,999 per month for rent.

ZIP Code 71047 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 71047

See the chart below for a comparison of monthly rental costs in ZIP Code 71047, Louisiana, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 71047 along with those in the state of Louisiana and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 71047

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 71047 Louisiana U.S.
Less than $500 3.3% 14.0% 9.4%
$500 to $999 67.3% 51.5% 36.2%
$1,000 to $1,499 28.2% 26.1% 30.0%
$1,500 to $1,999 1.1% 6.2% 14.0%
$2,000 to $2,499 0.0% 1.6% 5.6%
$2,500 to $2,999 0.0% 0.4% 2.4%
$3,000 or more 0.0% 0.3% 2.4%

Rent Cost vs. Income in ZIP Code 71047

Renters in ZIP Code 71047 use an estimated 29.11% of their income to cover their monthly rent payments. That is about 5% lower than in Louisiana overall. The estimate for Louisiana overall is 30.69% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 71047 renters use about 2% less of their income to cover rent expense. Household income figures for ZIP Code 71047 come in higher than in Louisiana as a whole. The median annual household income in ZIP Code 71047 of $54,487 sits approximately 10% higher than the overall Louisiana median income of $49,469 and approximately 13% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 71047

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 71047, Louisiana, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 71047 along with the same calculations in the state of Louisiana and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 71047

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 71047 Louisiana U.S.
Less than 15.0 percent 36.5% 13.4% 13.1%
15.0 to 19.9 percent 1.1% 11.7% 12.9%
20.0 to 24.9 percent 2.8% 10.6% 12.9%
25.0 to 29.9 percent 4.6% 9.8% 11.6%
30.0 to 34.9 percent 0.0% 9.0% 9.1%
35.0 percent or more 55.0% 45.4% 40.5%

Household Income in ZIP Code 71047

See the table below for the regional comparison of annual household income in ZIP Code 71047.

Income ZIP 71047 Louisiana U.S.
Less than $10,000 3.7% 9.6% 6.0%
$10,000 to $14,999 7.1% 5.9% 4.3%
$15,000 to $24,999 13.1% 12.0% 8.9%
$25,000 to $34,999 12.9% 10.4% 8.9%
$35,000 to $49,999 11.2% 12.5% 12.3%
$50,000 to $74,999 15.8% 16.1% 17.2%
$75,000 to $99,999 15.3% 11.2% 12.7%
$100,000 to $149,999 12.2% 12.6% 15.1%
$150,000 to $199,999 6.0% 5.0% 6.8%
$200,000 or more 2.7% 4.6% 7.7%

Household Income in ZIP Code 71047

See the chart below for a comparison of annual household income figures in ZIP Code 71047, Louisiana, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 71047 alongside the same figures for the state of Louisiana and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 71047

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 71047.

ZIP 71047 Louisiana U.S.
Median Housing Rent $789 $866 $1,062
Renter-Occupied Housing Units 14.1% 34.4% 36.0%
Rental Vacancy Rate 11.4% 8.6% 6.0%
Average Size of Renter-Occupied Unit 2.67 2.48 2.49
Average # of Bedrooms Per Unit 3.06 2.75 2.75
Percent of Income Spent on Rent 29.11% 30.69% 29.83%
Per Capita Income $26,166 $27,923 $34,103
Median Household Income $70,055 $71,001 $88,607
Living Below the Poverty Line 12.6% 14.5% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 71047

In ZIP Code 71047 (Keithville, LA), and estimated 14.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 11.4%.

The per capita income in 71047 is estimated at $26,166, which goes along with an estimated median household income of $70,055. About 12.6% of residents in this Caddo Parish County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.67 occupants, while the units have an aggregate average size of 3.06 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.11% of their income on housing rental costs.

Rental FAQs for ZIP Code 71047

1

What is the median monthly rent in ZIP Code 71047?

Median rent for housing in ZIP Code 71047 in Caddo Parish County in Louisiana is approximately $789 per month.
2

Is it expensive to rent in ZIP Code 71047?

Rent in ZIP Code 71047 is lower than average in the state of Louisiana overall. The median monthly rent of $789 in ZIP Code 71047 is approximately 9% lower than the Louisiana median of $866. Additionally, median rent in this Keithville, LA region ($789) is about 26% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 71047?

High-priced rentals are not common in the Keithville, LA ZIP Code of 71047, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Louisiana overall, approximately 0.3% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 71047?

Affordable rentals are more common in ZIP Code 71047 than in Louisiana overall. The percentage of housing rentals in ZIP Code 71047 costing $999 or less per month (70.6%) is approximately 8% higher than the Louisiana rate of 65.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 55% lower than the previously mentioned 71047 rate of 70.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 71047?

The most common range for rental cost in ZIP Code 71047 is between $500 and $999 per month. About 67.3% of renters in 71047 pay in this range for monthly rent. In comparison, approximately 51.5% of renters in the state of Louisiana fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 71047 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 71047 is higher than the rental vacancy rate in the state of Louisiana overall. Rental vacancy of 11.4% in ZIP Code 71047 is about 33% higher than the Louisiana rate of 8.6%. Looking more broadly, rental vacancy in this Keithville, LA region (11.4%) is an estimated 90% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 71047? How does it compare to other Louisiana regions?

Median household income in ZIP Code 71047 is higher than in the state of Louisiana overall. Annual household income of $54,487 in ZIP Code 71047 is about 10% higher than the Louisiana median of $49,469. Additionally, median household income in this Keithville, LA region ($54,487) is approximately 13% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 71047 spend on housing costs?

Renters in ZIP Code 71047 spend a lower amount of their income on rent costs than do renters in Louisiana overall. Renters in ZIP Code 71047 spend an estimated 29.11% of their income on rent payments, which is about 5% lower than the overall Louisiana estimated rate of 30.69%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 2% higher than the ZIP Code 71047 estimated rate of 29.11%.
9

Do renters in ZIP Code 71047 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 71047 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 71047 spending 30 percent or more of their income on rent costs (55%) is approximately 1% higher than the Louisiana rate of 54.4% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 11% lower than the aforementioned 71047 rate of 55%.
10

What is the average household size of renter-occupied units in ZIP Code 71047?

The average household size of renter-occupied units in ZIP Code 71047 is higher than in the state of Louisiana overall. Annual household size of 2.67 in ZIP Code 71047 is about 8% higher than the Louisiana median of 2.48. Additionally, median household size in this Keithville, LA region (2.67) is approximately 7% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Louisiana ZIP Codes