Quick facts: Ruston, LA

Quick Facts

98.7
Cost of Living
below US average
22,295
Population
46.33
Crime Rate per 1000
above US average
$32,877
Median Income
below US average
$284,920
Median House Price
above US average
$1027.58
Average Rent
below US average
22%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $32,877.

🏠

Income Needed to Buy

βœ— Stretch
$89k/year
Based on $284,920 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $89k vs median $32,877
🏒

Income Needed to Rent

⚠ Stretch
$44k/year
Based on $1027.58/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $44k vs median $32,877
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ruston, LA

Ruston, Louisiana is a charming city located in Lincoln Parish, known for its friendly atmosphere and vibrant community. With a population of approximately 22,000, Ruston offers a blend of small-town charm and modern amenities. It is home to Louisiana Tech University, which contributes to the local culture and economy, bringing a youthful energy with various sports, events, and educational opportunities. The city features beautiful parks, such as the expansive Lincoln Parish Park, which offers hiking trails, fishing spots, and picnic areas, making it an ideal place for outdoor enthusiasts. Ruston also boasts a historic downtown area filled with unique shops, restaurants, and art galleries, making it a great destination for local dining and entertainment. Culturally, Ruston hosts several events throughout the year, including the annual Ruston Peach Festival, celebrating the town's agricultural heritage. The city is also located near the scenic Lincoln Parish, offering additional recreational opportunities and natural beauty. With its rich history, vibrant community, and thriving local economy, Ruston is a delightful place to live and visit.

πŸ” Search & Compare Places

First Location πŸ“