Quick facts: Bossier city, LA

Quick Facts

98.7
Cost of Living
below US average
62,635
Population
57.17
Crime Rate per 1000
above US average
$54,100
Median Income
below US average
$244,000
Median House Price
above US average
$1384.84
Average Rent
below US average
17%
Poverty Rate
above US average
4.1%
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 $54,100.

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Income Needed to Buy

βœ— Stretch
$77k/year
Based on $244,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $77k vs median $54,100
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Income Needed to Rent

⚠ Stretch
$59k/year
Based on $1384.84/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $59k vs median $54,100
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bossier city, LA

Bossier City is a vibrant city located in Bossier Parish, Louisiana, situated on the east bank of the Red River, directly across from Shreveport. This city has a rich cultural heritage with a blend of Southern charm and modern amenities. Bossier City is known for its booming gaming industry, featuring several casinos like the Horseshoe Casino and the Margaritaville Resort Casino, attracting visitors from across the region. Beyond gaming, Bossier offers numerous recreational activities, including parks, sports facilities, and access to the Red River for fishing and water sports. The city is also home to the Louisiana Boardwalk, a premier shopping and entertainment destination along the riverfront featuring stores, restaurants, and a movie theater. Bossier City hosts various events throughout the year, including Mardi Gras celebrations, arts festivals, and music events, contributing to its lively atmosphere. With its warm Southern hospitality, diverse dining options, and family-friendly attractions, Bossier City offers a unique blend of experiences for both residents and visitors.

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