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Rental Insights for ZIP Code 71368 (Sicily Island, LA)

Housing Rentals in ZIP Code 71368 (Sicily Island, LA)

71368 ZIP Code in Louisiana

A Comprehensive Look at Rentals in the ZIP Code 71368

The 71368 ZIP Code is primarily associated with Sicily Island, LA in Catahoula County. The median housing rent payment in this Louisiana region is $502 per month. Approximately 38.1% of housing units in the region are renter-occupied, and this this Catahoula County ZIP Code has an estimated rental vacancy rate of 2.8%.

The median rent in ZIP Code 71368 of $502 per month is 42% lower than the aggregate Louisiana median monthly rent of $866, and is 53% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 49.1% of residents in ZIP Code 71368 have a monthly rent payment less than $500. That is 251% higher than in Louisiana overall, in which 14.0% of total state residents pay less than $500 per month for housing. Only 10.0% of ZIP Code 71368 renters pay between $1,000 and $1,499 for monthly rent.

ZIP Code 71368 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 71368

See the chart below for a comparison of monthly rental costs in ZIP Code 71368, Louisiana, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 71368 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 71368

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

Cost ZIP 71368 Louisiana U.S.
Less than $500 49.1% 14.0% 9.4%
$500 to $999 40.9% 51.5% 36.2%
$1,000 to $1,499 10.0% 26.1% 30.0%
$1,500 to $1,999 0.0% 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 71368

Renters in ZIP Code 71368 use an estimated 34.08% of their income to cover their monthly rent payments. That is about 11% higher 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 71368 renters use about 14% more of their income to cover rent expense. Household income figures for ZIP Code 71368 come in lower than in Louisiana as a whole. The median annual household income in ZIP Code 71368 of $37,500 sits approximately 24% lower than the overall Louisiana median income of $49,469 and approximately 40% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 71368

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 71368, 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 71368 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 71368

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

Rent Cost as % of Income ZIP 71368 Louisiana U.S.
Less than 15.0 percent 13.6% 13.4% 13.1%
15.0 to 19.9 percent 0.0% 11.7% 12.9%
20.0 to 24.9 percent 7.3% 10.6% 12.9%
25.0 to 29.9 percent 3.6% 9.8% 11.6%
30.0 to 34.9 percent 20.0% 9.0% 9.1%
35.0 percent or more 55.5% 45.4% 40.5%

Household Income in ZIP Code 71368

See the table below for the regional comparison of annual household income in ZIP Code 71368.

Income ZIP 71368 Louisiana U.S.
Less than $10,000 10.2% 9.6% 6.0%
$10,000 to $14,999 12.8% 5.9% 4.3%
$15,000 to $24,999 16.5% 12.0% 8.9%
$25,000 to $34,999 10.6% 10.4% 8.9%
$35,000 to $49,999 16.0% 12.5% 12.3%
$50,000 to $74,999 11.0% 16.1% 17.2%
$75,000 to $99,999 5.6% 11.2% 12.7%
$100,000 to $149,999 17.3% 12.6% 15.1%
$150,000 to $199,999 0.0% 5.0% 6.8%
$200,000 or more 0.0% 4.6% 7.7%

Household Income in ZIP Code 71368

See the chart below for a comparison of annual household income figures in ZIP Code 71368, Louisiana, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 71368 alongside the same figures for the state of Louisiana and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 71368

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 71368.

ZIP 71368 Louisiana U.S.
Median Housing Rent $502 $866 $1,062
Renter-Occupied Housing Units 38.1% 34.4% 36.0%
Rental Vacancy Rate 2.8% 8.6% 6.0%
Average Size of Renter-Occupied Unit 3.40 2.48 2.49
Average # of Bedrooms Per Unit 2.84 2.75 2.75
Percent of Income Spent on Rent 34.08% 30.69% 29.83%
Per Capita Income $16,740 $27,923 $34,103
Median Household Income $46,493 $71,001 $88,607
Living Below the Poverty Line 32.5% 14.5% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 71368

In ZIP Code 71368 (Sicily Island, LA), and estimated 38.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.8%.

The per capita income in 71368 is estimated at $16,740, which goes along with an estimated median household income of $46,493. About 32.5% of residents in this Catahoula County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.40 occupants, while the units have an aggregate average size of 2.84 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 34.08% of their income on housing rental costs.

Rental FAQs for ZIP Code 71368

1

What is the median monthly rent in ZIP Code 71368?

Median rent for housing in ZIP Code 71368 in Catahoula County in Louisiana is approximately $502 per month.
2

Is it expensive to rent in ZIP Code 71368?

Rent in ZIP Code 71368 is lower than average in the state of Louisiana overall. The median monthly rent of $502 in ZIP Code 71368 is approximately 42% lower than the Louisiana median of $866. Additionally, median rent in this Sicily Island, LA region ($502) is about 53% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 71368?

High-priced rentals are not common in the Sicily Island, LA ZIP Code of 71368, 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 71368?

Affordable rentals are more common in ZIP Code 71368 than in Louisiana overall. The percentage of housing rentals in ZIP Code 71368 costing $999 or less per month (90%) is approximately 37% 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 97% lower than the previously mentioned 71368 rate of 90%.
5

What is the most common cost range that rentals fall into in ZIP Code 71368?

The most common range for rental cost in ZIP Code 71368 is less than $500 per month. About 49.1% of renters in 71368 pay in this range for monthly rent. In comparison, approximately 14.0% of renters in the state of Louisiana fall in the less than $500 range, and 9.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 71368 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 71368 is lower than the rental vacancy rate in the state of Louisiana overall. Rental vacancy of 2.8% in ZIP Code 71368 is about 67% lower than the Louisiana rate of 8.6%. Looking more broadly, rental vacancy in this Sicily Island, LA region (2.8%) is an estimated 53% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 71368? How does it compare to other Louisiana regions?

Median household income in ZIP Code 71368 is lower than in the state of Louisiana overall. Annual household income of $37,500 in ZIP Code 71368 is about 24% lower than the Louisiana median of $49,469. Additionally, median household income in this Sicily Island, LA region ($37,500) is approximately 40% 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 71368 spend on housing costs?

Renters in ZIP Code 71368 spend a higher amount of their income on rent costs than do renters in Louisiana overall. Renters in ZIP Code 71368 spend an estimated 34.08% of their income on rent payments, which is about 11% higher 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 14% lower than the ZIP Code 71368 estimated rate of 34.08%.
9

Do renters in ZIP Code 71368 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 71368 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 71368 spending 30 percent or more of their income on rent costs (75.5%) is approximately 39% 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 52% lower than the aforementioned 71368 rate of 75.5%.
10

What is the average household size of renter-occupied units in ZIP Code 71368?

The average household size of renter-occupied units in ZIP Code 71368 is higher than in the state of Louisiana overall. Annual household size of 3.40 in ZIP Code 71368 is about 37% higher than the Louisiana median of 2.48. Additionally, median household size in this Sicily Island, LA region (3.40) is approximately 37% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Louisiana ZIP Codes