{"area":{"county":"Richland Parish","state":"LA","stateName":"Louisiana","slug":"richland-la","metro":"Richland Parish, LA HUD Metro FMR Area"},"homeValue":{"series":[{"date":"2021-04-01","value":128067},{"date":"2021-07-01","value":130445},{"date":"2021-10-01","value":133963},{"date":"2022-01-01","value":137341},{"date":"2022-04-01","value":139500},{"date":"2022-07-01","value":141900},{"date":"2022-10-01","value":144525},{"date":"2023-01-01","value":141006},{"date":"2023-04-01","value":145475},{"date":"2023-07-01","value":147408},{"date":"2023-10-01","value":147763},{"date":"2024-01-01","value":148780},{"date":"2024-04-01","value":150168},{"date":"2024-07-01","value":147948},{"date":"2024-10-01","value":146279},{"date":"2025-01-01","value":155351},{"date":"2025-04-01","value":153029},{"date":"2025-07-01","value":155323},{"date":"2025-10-01","value":157234},{"date":"2026-01-01","value":159145},{"date":"2026-04-01","value":156183}],"latest":156183,"yoy":2.0610472524815555,"fiveYr":21.954133383307177,"sinceStart":213.29334831100059,"modeled":true},"rent":{"series":[{"date":"2026-11-01","value":975}],"latest":975,"yoy":null,"fiveYr":null,"sinceStart":null,"modeled":true},"census":{"medianIncome":53544,"population":19822,"povertyRate":24.04754324525098,"medianHomeValue":141900,"medianGrossRent":903,"medianPropertyTax":401},"hud":{"county":"Richland Parish","year":"2027","perUnit":975,"bedrooms":2,"estimated":false,"baseBedrooms":2},"crime":{"scope":"state","state":"Louisiana","period":"10-2024 to 09-2026","window":{"from":"10-2024","to":"09-2026","fellBack":false},"violentCrime":{"total":30651,"ratePer100k":331.8508618854707},"propertyCrime":{"total":120135,"ratePer100k":1300.6721898995472},"note":"State-level totals from the FBI CDE summarized offense endpoint."},"crimeVintage":{"from":"10-2024","to":"09-2026","fellBack":false},"priceToRentRatio":13.3,"ratioVerdict":"Favorable for buying — price-to-rent favors owning (modeled investor cash flow is negative, so this is owner-occupant math — it is not a claim of strong rental yield)","priceCagr":4.049899516203359,"rentCagr":3,"cashFlow":{"price":156183,"monthlyRent":975,"grossRent":975,"downPct":20,"ratePct":6.75,"units":1,"state":"LA","down":31236.600000000002,"loan":124946.4,"mortgagePI":810.399972130509,"monthlyTax":36.83315749999999,"taxRatePct":0.283,"taxRateSource":"Census ACS county effective rate 0.28% ($401 tax ÷ $141,900 ACS median), applied to current value","monthlyInsurance":114.5342,"insuranceRatePct":0.88,"insuranceBasis":"Insurance: state-level estimate (LA avg 0.88%/yr)","insuranceHighRisk":true,"vacancyPct":5,"vacancyLoss":48.75,"egi":926.25,"mgmtPct":10,"monthlyMgmt":97.5,"maintenancePct":5,"monthlyMaint":48.75,"capexPct":5,"monthlyCapex":48.75,"hoaMonthly":0,"monthlyHoa":0,"operatingExpenses":346.3673575,"noi":579.8826425,"totalExpenses":1156.767329630509,"cashFlow":-230.51732963050904,"annualCf":-2766.2079555661085,"cocReturn":-8.85566276600561,"capRate":4.455409173853749},"resilience":{"scenarios":[{"id":"rentDown","label":"Rent drops 10%","kind":"standard","detail":"Standard assumption","cashFlow":-303.64232963050904,"delta":-73,"survives":false},{"id":"vacancy","label":"Vacancy stretches to 8%","kind":"standard","detail":"Standard assumption","cashFlow":-259.76732963050904,"delta":-29,"survives":false},{"id":"insurance","label":"Insurance costs rise 25%","kind":"standard","detail":"Standard assumption","cashFlow":-259.15087963050905,"delta":-29,"survives":false},{"id":"rateReset","label":"If financed at 8.25% instead","kind":"standard","detail":"Fixed-rate comparison — the deal if you'd borrowed at a higher rate today; your actual fixed payment never resets","cashFlow":-358.79793366388446,"delta":-128,"survives":false},{"id":"historyHome","label":"Worst market shock in available history (since 1984-10-01) (home values −7.9% over 9 months)","kind":"history","detail":"History-derived proxy: worst decline found in any window of up to 12 months in the state FHFA home-value series, 1988-04-01 → 1989-01-01, applied to rent","cashFlow":-288.42030219633625,"delta":-58,"survives":false}],"survived":0,"total":5,"score":0,"worstCashFlow":-358.79793366388446,"baselineCashFlow":-230.51732963050904,"framing":"underwater","confidenceLabel":"verified","omitted":[],"note":"Each scenario re-runs the same verified cash-flow engine with one shock applied, then re-checks the cash-flow identity before display. Standard shocks are fixed assumptions; the history-derived scenario is this market's own worst observed 12-month decline. Estimates only — not a guarantee of performance."},"rentVsBuy":{"years":7,"priceCagr":4.049899516203359,"rentCagr":3,"totalRentPaid":89650.8075156993,"totalCashOutlay":129084.52390179716,"insuranceBasis":"Insurance: state-level estimate (LA avg 0.88%/yr)","homeValueAfter":206217.45205233846,"equityBuilt":92781.77249947093,"netCostOfBuying":67539.35140232624,"buyingCheaper":true,"savings":22111.45611337306},"priceToIncome":{"ratio":2.916909457642313,"price":156183,"medianIncome":53544,"label":"Affordable (≤3x income — historical rule of thumb)"},"countyTaxRatePct":0.283,"countyTaxSource":"Census ACS county effective rate 0.28% ($401 tax ÷ $141,900 ACS median), applied to current value","dataCheck":{"status":"verified","checks":[{"metric":"home value (vintage update)","primary":156183,"secondary":141900,"primarySource":"current estimate (ACS county median × FHFA metro HPI growth)","secondarySource":"raw ACS 2023 county median (as measured ~2021)","ratio":1.1,"grade":"verified","consistent":true,"hidePoint":false},{"metric":"HUD fair market rent","primary":975,"secondary":903,"primarySource":"HUD FMR (county)","secondarySource":"Census ACS (county gross rent)","ratio":1.08,"grade":"verified","consistent":true,"hidePoint":false}],"confidence":{"homeValue":{"label":"verified","ratio":1.1,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":141900,"high":156183}},"rent":{"label":"verified","ratio":1.08,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":903,"high":975}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"note":"Every headline metric is checked against a second figure, and each check names its own basis. The rent and property-price checks pair genuinely independent datasets (HUD FMR vs Census ACS gross rent; your price vs the county estimate). The home-value check compares our current estimate (ACS county median updated by the FHFA state index) against the raw ACS 2023 median — its spread reflects price movement since the ACS measurement period (~2021), not disagreement between unrelated sources. 'Verified' means the two figures agree within 15%; 'Cross-checked' means they diverge more than 15%; 'Divergent' flags a >2x difference. A spread beyond 35% is too wide to defend a single point — the headline shows the source range instead, flagged 'sources disagree'."},"integrity":{"status":"pass","checks":[{"name":"home value freshness","status":"pass","detail":"latest 2026-04-01 (227d old — current for quarterly cadence)"},{"name":"home value card↔chart","status":"pass","detail":"card matches chart"},{"name":"home value growth window","status":"pass","detail":"growth matches the 5.0yr available window"},{"name":"rent freshness","status":"pass","detail":"latest 2026-11-01 (13d old — current for monthly cadence)"},{"name":"rent card↔chart","status":"pass","detail":"card matches chart"},{"name":"cash flow identity","status":"pass","detail":"NOI − P&I = cash flow"},{"name":"cash-on-cash","status":"pass","detail":"annual CF ÷ down matches"},{"name":"cap rate","status":"pass","detail":"NOI×12 ÷ price matches"},{"name":"price-to-rent","status":"pass","detail":"price ÷ (rent×12) matches"},{"name":"income plausibility","status":"pass","detail":"within expected range"},{"name":"price-to-income","status":"pass","detail":"price ÷ income matches"},{"name":"buy-vs-rent: home value at term","status":"pass","detail":"compounds at 4.0%/yr"},{"name":"buy-vs-rent: total rent paid","status":"pass","detail":"geometric series matches"},{"name":"buy-vs-rent: equity built","status":"pass","detail":"home value − loan balance matches"},{"name":"buy-vs-rent: net cost","status":"pass","detail":"outlay − equity gain matches"},{"name":"buy-vs-rent: savings & verdict","status":"pass","detail":"savings = rent − net cost, verdict matches"}],"summary":"16/16 verified","freshness":{"homeValue":{"date":"2026-04-01","ageDays":227,"cadence":"quarterly","current":true},"rent":{"date":"2026-11-01","ageDays":13,"cadence":"monthly","current":true}}},"confidence":{"homeValue":{"label":"verified","ratio":1.1,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":141900,"high":156183}},"rent":{"label":"verified","ratio":1.08,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":903,"high":975}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"verdict":"Richland Parish, LA leans favorable for buying: a price-to-rent ratio of 13.3 favors owning at the median, and modeled investor cash flow is negative, so this is owner-occupant math — not a claim of strong rental yield.","faqs":[{"q":"Is Richland Parish, LA a good rental market?","a":"For owning at the median, yes — Richland Parish's price-to-rent ratio of 13.3 is in the favorable range, but modeled investor cash flow is negative, so it is not a claim of strong rental yield."},{"q":"What is the median home value in Richland Parish?","a":"The typical home value in Richland Parish is about $156,183 (county-level, Census ACS & FHFA metro HPI), up 2.1% year-over-year, and up 22.0% over five years."},{"q":"What is the median rent in Richland Parish?","a":"The typical rent in Richland Parish is about $975/mo (county-level, HUD 2-bedroom benchmark bridged from Census ACS gross rent), a current modeled estimate."},{"q":"Is it cheaper to rent or buy in Richland Parish?","a":"Over a 7-year horizon, buying is cheaper in Richland Parish — roughly $22,111 ahead of renting, with about $92,782 in equity built."},{"q":"Is Richland Parish affordable for homebuyers?","a":"Richland Parish's median home value is 2.9x the local median household income — Affordable (≤3x income — historical rule of thumb)."},{"q":"What is the property tax rate in Richland Parish?","a":"Richland Parish's effective property tax rate is about 0.28% of home value (Census ACS county effective rate 0.28% ($401 tax ÷ $141,900 ACS median), applied to current value), which on a $156,183 median home is roughly $37/mo."}],"takeaways":["The median home value in Richland Parish, LA was $156,183 as of April 2026, up 2.1% year over year (FHFA HPI applied to the Census ACS county median).","The typical market rent in Richland Parish, LA was $975/mo as of November 2026, a current modeled estimate (HUD Fair Market Rent, FY2027, bridged from Census ACS gross rent).","Richland Parish, LA has a price-to-rent ratio of 13.3 — a reading that favors owning (owner-occupant math — not automatically strong investor cash flow). (Computed by Areal from the figures above.)"],"citationSources":[{"name":"U.S. Census Bureau — ACS ACS 2024 5-year estimates","url":"https://www.census.gov/programs-surveys/acs/"},{"name":"FHFA House Price Index","url":"https://www.fhfa.gov/data/hpi"},{"name":"HUD Fair Market Rent","url":"https://www.huduser.gov/portal/datasets/fmr.html"},{"name":"FBI Crime Data Explorer","url":"https://cde.ucr.cjis.gov/"}],"jsonApi":{"function":"getCountyReport","query":"slug=richland-la","url":"https://areal.studio/functions/getCountyReport?slug=richland-la"},"assumptions":{"downPct":20,"ratePct":6.75,"years":7},"dataVintage":{"pulledAt":"2026-11-14T11:03:21.729Z","homeValueBasis":"FHFA metro HPI (quarterly, Richland Parish, LA HUD Metro FMR Area) × ACS county anchor","rentBasis":"HUD county FMR — flat current estimate (modeled, no public trend)","zhviThrough":null,"zoriThrough":null,"fhfaHpiThrough":"2026-04-01","hpiLevel":"metro","hpiMetro":"Richland Parish, LA HUD Metro FMR Area","acsVintage":"ACS 2024 5-year estimates","acsVintageMisses":[],"hudFy":"2027","safmrFy":null},"zipAnchors":{"homeValueTier":"county-fhfa-acs","rentTier":"county-acs-hud","zhvi":null,"zori":null,"safmr":null,"countyHomeEstimate":156183,"countyFmr":975,"countyRatio":null,"hpiLevel":"metro","hpiMetro":"Richland Parish, LA HUD Metro FMR Area"},"links":{"stateDir":"LA","stateName":"Louisiana","cityPages":[],"zips":[]},"sources":["Census ACS 5-year","FHFA HPI","HUD Fair Market Rent","FBI CDE (state-level context)"]}