Caddo Parish, Louisiana Income Statistics
Caddo Parish Wealth Score
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.
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D
Caddo Parish Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Caddo Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $50,854 | $60,934 | $80,455 |
| Median Personal Income | $48,070 | $53,184 | $60,758 |
| Average Yearly Income Growth | 2.8% | 3.7% | 4.8% |
| Six-Figure Earners | 7.7% | 9.7% | 13.9% |
| $200k+ Households | 6.2% | 7.8% | 13.2% |
The median household income in Caddo Parish is about 17% lower than in Louisiana. Income has been growing slower in Caddo Parish (2.8%/yr) than in Louisiana (3.7%/yr).
About 8% of adults in Caddo Parish earn six figures ($100,000 or more) a year, lower than the Louisiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Caddo Parish, Louisiana grew by 39.8% from 2009 to 2024, reaching $50,854 in 2024. That's an average of about 2.8% per year.
Income Inequality and the Gender Pay Gap in Caddo Parish
| Metric | Caddo Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.568 | 0.574 | 0.552 |
| Male Median Income | $57,415 | $65,171 | $69,667 |
| Female Median Income | $43,791 | $47,031 | $56,850 |
| Gender Pay Gap | 23.7% | 27.8% | 18.4% |
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 Caddo Parish, it is 0.568, lower than Louisiana's 0.574, so income is more evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 31% more than women's income in Caddo Parish, Louisiana. Over a 35-year career, a 31% wage gap accumulates to roughly $476,840 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Caddo Parish, Louisiana has narrowed from about 27% to 24% in 2024. Over that period the gap was widest at 30% in 2011, and was narrowest at 22% in 2023. In dollar terms, the gap has widened by $2,670 since 2009.
Employment
| Metric | Caddo Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.6% | 6.2% | 5.2% |
| Working from Home | 6.6% | 8.1% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 8,924 people are unemployed in Caddo Parish, Louisiana.
The average commute time in Caddo Parish is 18 minutes, shorter than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Caddo Parish, Louisiana has fallen from 8.7% to 8.6% in 2024. Over that period the rate fell as low as 6.7% in 2019.
Caddo Parish, LA Wealth Compared With Nearby Counties
Caddo Parish, LA is the largest of the 6 counties compared here, 229,305 residents against a local median of 35,820. Where Caddo Parish, LA breaks from the counties next to it is unemployment, sitting 55% above the local median of 5.6% at 8.6%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 2.8%/yr against a local median of 3.7%/yr, 25% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Caddo Parish, LA reads weaker than its neighbours on all of them. The counties themselves spread 3.5% on unemployment, so Caddo Parish, LA sits at one end of an already wide local range rather than apart from it. Caddo Parish, LA has the 5th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Caddo Parish, LA | 229,305 | $50,854 #3/6 | 2.8%/yr #5/6 | 8.6% #5/6 | 0.568 #5/6 |
| Bossier Parish, LA | 129,734 | $69,637 | 3.7%/yr | 5.5% | 0.544 |
| Harrison County, TX | 70,155 | $66,946 | 4.8%/yr | 5.6% | 0.566 |
| Marion County, TX | 9,737 | $49,617 | 4.3%/yr | 8.7% | 0.548 |
| De Soto Parish, LA | 27,025 | $48,684 | 1.8%/yr | 6.0% | 0.578 |
| Webster Parish, LA | 35,820 | $41,659 | 3.4%/yr | 5.1% | 0.564 |
Conclusion
Considering all these factors, Caddo Parish, Louisiana has an overall wealth index grade of D, making it about on par with Louisiana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Caddo Parish, Louisiana.
How Rich Is Caddo Parish, Louisiana?
Caddo 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 $50,854, about 17% lower than the Louisiana average of $60,934.
How has median household income changed in Caddo Parish, Louisiana?
Between 2009 and 2024, the median household income in Caddo Parish, Louisiana rose 40%, from $36,369 to $50,854. Over the same years, income here lagged behind Louisiana as a whole: +40% against +44%.
What was the median household income in Caddo Parish in 2023?
In 2023, the median household income in Caddo Parish, Louisiana was $50,154, up 4% from $48,369 in 2022. The Louisiana median that year was $60,038.
What was the median household income in Caddo Parish in 2020?
In 2020, the median household income in Caddo Parish, Louisiana was $42,625. By 2024 it had risen 19% to $50,854.
Is it hard to find a job in Caddo Parish, Louisiana?
Unemployment in Caddo Parish, Louisiana is 8.6%, well above the Louisiana rate of 6.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Caddo Parish, Louisiana?
The Gini coefficient in Caddo Parish is 0.568. 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 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Caddo Parish, Louisiana?
Since 2009, the income gap between men and women in Caddo Parish, Louisiana has narrowed from about 27% to 24% in 2024. Over that period the gap was widest at 30% in 2011, and was narrowest at 22% in 2023. In dollar terms, the gap has widened by $2,670 since 2009.
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