Quick facts: Shreveport, LA

Quick Facts

98.7
Cost of Living
below US average
180,153
Population
46.17
Crime Rate per 1000
above US average
$45,967
Median Income
below US average
$194,900
Median House Price
above US average
$1118.33
Average Rent
below US average
21%
Poverty Rate
above US average
5.0%
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 $45,967.

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Income Needed to Buy

βœ— Stretch
$61k/year
Based on $194,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $61k vs median $45,967
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Income Needed to Rent

⚠ Stretch
$48k/year
Based on $1118.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $48k vs median $45,967
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Shreveport, LA

Shreveport is a vibrant city located in northwestern Louisiana, known for its rich cultural heritage and diverse attractions. As the third-largest city in the state, it serves as a regional hub for commerce, education, and entertainment. Situated along the Red River, Shreveport boasts a picturesque waterfront and is recognized for its role in the gaming industry, with several casinos offering a range of entertainment options. The city features a blend of Southern charm and modern amenities, with a lively arts scene, including the Shreveport Symphony Orchestra and various theater productions. Visitors can explore the Louisiana State Exhibit Museum or the R.W. Norton Art Gallery, which showcase local and regional artwork. Outdoor enthusiasts can enjoy the parks and recreational areas, such as Caddo Lake, known for its natural beauty and wildlife. Shreveport also hosts various annual festivals, celebrating its local culture, food, and music, including the Crawfish Festival. With its unique blend of history, culture, and entertainment, Shreveport offers something for everyone, making it an appealing destination in Louisiana.

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