176 Ruffin Road

Property details·Grayson, Lasalle County, Louisiana·112861

Location & Identity

Address

176 Ruffin Road

Grayson, LA 71435

Lasalle County

Parcel ID

112861

Coordinates

31.926264, -92.037271

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Land & lot

Property type (local use code)
1006
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County context

Lasalle County 2026 Insights

Where Rural Louisiana Meets Remarkable Affordability

Deep in the Kisatchie pine belt of central Louisiana, LaSalle Parish is the kind of place that rarely makes real estate headlines — and that's precisely what makes it worth examining. With a median home value of just $137,200 against a median household income of $67,077, this sparsely populated parish of roughly 15,000 residents offers a price-to-income ratio of about 2x — a figure that would seem almost fictional in coastal metros and even defies the national benchmark of 4x by a wide margin. In an era of housing unaffordability dominating national conversation, LaSalle Parish represents a genuine outlier.

The parish seat of Jena anchors a local economy built around timber, agriculture, corrections employment (Winn Correctional Center operates nearby), and the quiet rhythms of rural Louisiana life. These aren't high-wage industries, which explains why per capita income sits at $31,297 — below the national median — but the housing market has calibrated accordingly, keeping the dream of ownership remarkably accessible.

Ownership Is the Norm Here

LaSalle Parish's homeownership rate of 82.9% is striking. Nationally, fewer than two-thirds of households own their homes. Here, it's closer to five in six — a reflection of both affordability and the deep-rooted, multi-generational character of rural communities where land and property pass through families rather than through the market. The renter population of just 17.1% is one of the smaller shares you'll find anywhere in Louisiana, and median rent of $576 per month confirms that even the rental market has barely registered the inflation that has battered cities like Baton Rouge and New Orleans.

Yet not everything in this picture is rosy. A 21.3% housing vacancy rate deserves attention — one in five units sits empty, a figure typical of parishes experiencing slow population drift and limited in-migration. Child poverty at 24.4% and a SNAP participation rate of 16.6% signal that while homes are cheap, economic precarity is real and unevenly distributed. The Gini coefficient of 0.439 suggests moderate inequality for a rural parish.

Key Statistics

StatValueContext
Median Home Value$137,20057% below the $320,000 national median
Homeownership Rate82.9%nearly 20 points above national average
Price-to-Income Ratio~2xvs. 4x national benchmark — exceptional affordability
Vacancy Rate21.3%signals population stagnation and limited demand pressure

FAQs

What makes LaSalle Parish unique in Louisiana's real estate market? LaSalle Parish combines among the lowest home prices in the state with an extraordinarily high homeownership rate. The combination of a timber-rooted local economy, minimal speculative investment, and deeply rural demographics has produced a housing market that remains genuinely affordable — a rarity in today's national landscape.

Is LaSalle Parish growing or shrinking? The 21.3% vacancy rate and relatively low labor force participation of 55% point to modest population stagnation rather than growth. Young workers tend to migrate toward Baton Rouge or Shreveport for employment opportunities, leaving behind an aging population and underutilized housing stock.

Is it expensive to rent in LaSalle Parish? At $576 per month median rent, it's among the most affordable rental markets in Louisiana. That said, nearly 14% of renters are severely rent-burdened, suggesting that even these low rents strain households at the bottom of the income ladder.

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