Cost of Living in New Iberia, LA
Population: 27,926 • 2026 Data
$50,802
Median Household Income
-34% vs national
$878
Median Monthly Rent
-35% vs national
$150,300
Median Home Value
-56% vs national
9.9%
Unemployment Rate
Housing in New Iberia
The median home value in New Iberia, LA is $150,300. Monthly rent for a typical unit averages $878, while total monthly housing costs (including utilities and insurance) average $791.
Rent-to-income ratio: 20.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in New Iberia, LA is $50,802. The unemployment rate stands at 9.9%, with a labor force of 11,528 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.