4308 Riverside Drive

Property details·Bastrop, Morehouse County, Louisiana·10005501

0.46Acres

Location & Identity

Address

4308 Riverside Drive

Bastrop, LA 71220

Morehouse County

Parcel ID

10005501

Coordinates

32.769591, -91.949218

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Building details

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Land & lot

Lot size
0.46 acres
Property type (local use code)
2031
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County context

Morehouse County 2026 Insights

Morehouse Parish, Louisiana: When Affordable Housing Meets Unaffordable Lives

Morehouse Parish sits in the northeastern corner of Louisiana's Ark-La-Tex region — a stretch of piney hills and Delta flatlands where the paper mills once hummed and small towns like Bastrop served as quiet economic anchors. On the surface, the housing numbers here look almost reassuring: a median home value of just $108,700, well under half the Louisiana state average and a fraction of the $320,000 national benchmark. But dig deeper, and what looks like affordability reveals itself as something more complicated — a community where low prices and high poverty have become two sides of the same coin.

The Affordability Paradox

At first glance, a price-to-income ratio of roughly 2.9x looks like a homebuyer's dream compared to the 4x national benchmark. But that math masks a harder truth. With a poverty rate of 30.7% — nearly triple the national average — and almost half of all children living below the poverty line, the real story isn't that housing is cheap. It's that incomes are lower still. For renters especially, the situation is genuinely dire: a rent burden rate of 45.6% means nearly half of all renters spend more than 30% of their income on housing, and more than a quarter face severe rent burden. On a median rent of $795, that's not a luxury market problem — it's a structural income problem.

Key Statistics

StatValueContext
Child Poverty Rate47.5%Nearly 1 in 2 children — almost 4x national average
Severe Rent Burden25.9%Over 1 in 4 renters paying 50%+ of income on rent
Labor Force Participation51.6%Far below the ~62% national average
Vacancy Rate17.8%Signals population loss, not a healthy housing market

A Parish Hollowing Out

That 17.8% vacancy rate is a telling signal. Combined with a population density of just 31 people per square mile and a labor force participation rate of barely 51.6%, Morehouse Parish shows the demographic fingerprints of a community experiencing long-run population decline. The closure and contraction of timber and paper industries across rural north Louisiana over the past two decades has never been fully absorbed by replacement employment. The Gini coefficient of 0.521 — higher than the U.S. average of roughly 0.49 — suggests that what wealth does exist here is concentrated, leaving the majority further behind.

The 19.4% of residents aged 65 or older, combined with a child poverty rate that approaches 50%, paints a portrait of a parish caught between an aging population and a generation of young people facing extraordinary economic barriers before they even enter the workforce.

What Makes Morehouse Parish Unique?

What makes Morehouse Parish unique? It's one of a small number of Louisiana parishes where homeownership rates (66.6%) actually exceed the national average, yet housing affordability remains a genuine crisis — driven not by high prices but by incomes that simply cannot keep pace even with modest costs.

Is Morehouse Parish growing or shrinking? The data strongly suggests contraction. A near-18% housing vacancy rate, low labor participation, and limited broadband access (with over 20% of residents having no internet at all) are classic markers of rural population decline, likely accelerated by the loss of industrial-era employers.

Why is rent burden so high if rents are low? Because rent burden is relative to income. At $795 median rent and a median household income under $37,000, even modest rents consume a disproportionate share of what families bring home — a reminder that housing affordability is ultimately an income story, not just a price story.

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