Wealth Index
Less wealthy than 75% of counties in Louisiana
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Bienville Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $34,989 | $60,029 | $78,145 |
| Median Personal Income | $39,420 | $54,233 | $61,726 |
| Average income growth | -0.1% | 4.0% | 5.1% |
| Six-Figure Earners | 4.8% | 9.4% | 13.2% |
The median household income in Bienville Parish is about 42% lower than in Louisiana. Income has been growing slower in Bienville Parish (-0.1%/yr) than in Louisiana (4.0%/yr).
About 5% of adults in Bienville Parish earn six figures ($100,000 or more) a year, lower than the Louisiana average of 9%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Bienville Parish, Louisiana grew by 9.6% from 2009 to 2023, reaching $34,989 in 2023. That's an average of about 0.1% per year.
Economic Inequality in Bienville Parish | Gender Pay Gap | Gini Coefficient
| Metric | Bienville Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.589 | 0.586 | 0.570 |
| Male Median Income | $49,195 | $63,825 | $67,746 |
| Female Median Income | $32,952 | $46,053 | $54,793 |
| Gender Pay Gap | 33.0% | 27.8% | 19.1% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bienville Parish, it is 0.589, about the same as Louisiana's 0.586, so income here is about as evenly distributed as there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 49% more than women's income in Bienville Parish, Louisiana. Over a 35-year career, a 49% wage gap accumulates to roughly $568,505 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bienville Parish, Louisiana has widened from about 30% to 33% in 2023. In dollar terms, the gap has widened by $5,072 since 2009.
Employment
| Metric | Bienville Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.3% | 6.3% | 5.2% |
| Working from Home | 6.9% | 7.2% | 13.4% |
| Commute time (minutes) | 23 | 21 | 22 |
Approximately 294 people are unemployed in Bienville Parish, Louisiana.
The average commute time in Bienville Parish is 23 minutes, longer than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bienville Parish, Louisiana has fallen from 7.5% to 6.3% in 2023.
Conclusion
Considering all these factors, Bienville Parish, Louisiana has an overall wealth index grade of D, making it somewhat worse than Louisiana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bienville Parish, Louisiana.
How Rich Is Bienville Parish, Louisiana?
Bienville Parish has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $34,989, about 42% lower than the Louisiana average of $60,029.
What is the current median household income in Bienville Parish, Louisiana?
As of 2023, the median household income in Bienville Parish, Louisiana is $34,989.
What was the median household income in Bienville Parish in 2023?
In 2023, the median household income in Bienville Parish, Louisiana was $34,989.
What was the median household income in Bienville Parish in 2020?
In 2020, the median household income in Bienville Parish, Louisiana was $29,131.
What is the Gini coefficient in Bienville Parish, Louisiana?
The Gini coefficient in Bienville Parish is 0.589. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Bienville Parish, Louisiana?
Since 2009, the income gap between men and women in Bienville Parish, Louisiana has widened from about 30% to 33% in 2023. In dollar terms, the gap has widened by $5,072 since 2009.