Living in Lake Providence, Louisiana
Cost of living, income, home prices, rent and demographics of Lake Providence · Census data 2020–2024
Lake Providence has 3,349 residents with a median age of 31.1. The median household income is $27,580 (55% lower than the Louisiana median), the median home value is $115,600, the median rent is $606/month.
Lake Providence at a glance
- Population
- 3,349
- Median age
- 31.1State: 38
- Median household income
- $27,580State: $60,756
- Median home value
- $115,600State: $216,500
- Median rent
- $606/moState: $1,064
- Homeowners
- 48.6%
- Bachelor's degree or higher
- 17.3%
- Average commute
- 15 min
Is Lake Providence a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 55% lower than the Louisiana median; unemployment of 15.5%; a poverty rate of 39.2%.
The weather is best in April–May and September–October.
Cost of living in Lake Providence
Housing is the biggest part of the cost of living. In Lake Providence the median home value is $115,600, 65% lower than the U.S. median. Renters pay a median of $606 per month, which is 51% of household income. Homeowners with a mortgage pay $1,214 a month in housing costs.
Lake Providence median household income
The median household income in Lake Providence is $27,580 and the income per person is $20,501. 39.2% of residents live below the poverty line (Louisiana: 18.9%).
Housing in Lake Providence: homes for sale and rent
- Housing units
- 2,064
- Owner-occupied
- 48.6%
- Renter-occupied
- 51.4%
- Vacant
- 23.8%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.13
Lake Providence demographics
- Population
- 3,349
- Median age
- 31.1
- Under 18
- 29.4%
- 65 and older
- 19.2%
- Households
- 1,573
- Foreign-born
- 0%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Providence ›
Education in Lake Providence
17.3% of adults 25 and older in Lake Providence have a bachelor's degree or higher (Louisiana: 27%), and 2.1% have a graduate or professional degree.
Jobs and commute in Lake Providence
- Unemployment rate
- 15.5%State: 6.3%
- Average commute
- 15 minState: 26 min
- Work from home
- 5.2%
- Drive alone
- 73.2%
- Public transit
- 0%
- Walk to work
- 5%
- Homes with broadband
- 69.3%
Lake Providence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Providence | 3,349 | $27,580 | $115,600 | $606 |
| Mayersville | 196 | $15,179 | $104,700 | $238 |
| Oak Grove | 1,264 | $51,136 | $87,500 | $679 |
| Forest | 486 | $40,347 | $43,300 | $950 |
| Pioneer | 487 | $82,930 | $49,500 | $844 |
| Rolling Fork | 2,038 | $45,587 | $105,100 | $548 |
| Epps | 467 | $53,667 | $67,500 | $1,031 |
| Eudora | 1,868 | $28,563 | $57,500 | $495 |
| Anguilla | 654 | $29,531 | $84,400 | $598 |
More for people moving to Lake Providence
Lake Providence ZIP code ›Weather and climate ›Living in Lake Providence: FAQ
What is the median household income in Lake Providence, LA?
The median household income in Lake Providence is $27,580, 55% lower than the Louisiana median of $60,756 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Providence?
The median home value in Lake Providence is $115,600, compared with $216,500 in Louisiana.
How much is rent in Lake Providence?
The median gross rent in Lake Providence is $606 per month, about 51% of household income.
Is Lake Providence, LA a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 15 minutes. Minuses: median household income 55% lower than the Louisiana median; unemployment of 15.5%; a poverty rate of 39.2%.
What is the median age in Lake Providence?
The median age in Lake Providence is 31.1 years (Louisiana: 38).
How long is the commute in Lake Providence?
The average commute to work in Lake Providence is 15 minutes; 5.2% of workers work from home.
What is the unemployment rate in Lake Providence?
The unemployment rate in Lake Providence is 15.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Providence?
17.3% of adults in Lake Providence have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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