Caldwell Parish, Louisiana Income Statistics
Caldwell 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.
-
D
Caldwell Parish Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Caldwell Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $47,006 | $60,934 | $80,455 |
| Median Personal Income | $47,774 | $53,184 | $60,758 |
| Average Yearly Income Growth | 6.0% | 3.7% | 4.8% |
| Six-Figure Earners | 7.6% | 9.7% | 13.9% |
| $200k+ Households | 6.2% | 7.8% | 13.2% |
The median household income in Caldwell Parish is about 23% lower than in Louisiana. Income has been growing faster in Caldwell Parish (6.0%/yr) than in Louisiana (3.7%/yr).
About 8% of adults in Caldwell 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 Caldwell Parish, Louisiana grew by 20.6% from 2009 to 2024, reaching $47,006 in 2024. That's an average of about 6.0% per year.
Income Inequality and the Gender Pay Gap in Caldwell Parish
| Metric | Caldwell Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.582 | 0.574 | 0.552 |
| Male Median Income | $48,463 | $65,171 | $69,667 |
| Female Median Income | $49,107 | $47,031 | $56,850 |
| Gender Pay Gap | -1.3% | 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 Caldwell Parish, it is 0.582, higher than Louisiana's 0.574, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Women's income is about 1% more than men's income in Caldwell Parish, Louisiana. Over a 35-year career, a 1% wage gap accumulates to roughly $22,540 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Caldwell Parish, Louisiana has narrowed from about 44% to -1% in 2024. Over that period the gap in 2023 women out-earned men by 13%. In dollar terms, the gap has narrowed by $19,569 since 2009.
Employment
| Metric | Caldwell Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 10.1% | 6.2% | 5.2% |
| Working from Home | 6.5% | 8.1% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 378 people are unemployed in Caldwell Parish, Louisiana.
The average commute time in Caldwell Parish is 22 minutes, longer than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Caldwell Parish, Louisiana has risen from 7.6% to 10.1% in 2024. Over that period the rate peaked at 12.9% in 2022 and fell as low as 7.1% in 2012.
Caldwell Parish, LA Wealth Compared With Nearby Counties
Caldwell Parish, LA is the smallest of the 6 counties compared here, 9,498 residents against a local median of 19,403. Caldwell Parish, LA's unemployment, at 10.1%, runs 36% above the 7.4% typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 4.0% on unemployment, so Caldwell Parish, LA sits at one end of an already wide local range rather than apart from it. Caldwell Parish, LA has the 6th 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. |
|---|---|---|---|---|---|
| Caldwell Parish, LA | 9,498 | $47,006 #4/6 | 6.0%/yr #2/6 | 10.1% #6/6 | 0.582 #2/6 |
| Ouachita Parish, LA | 158,478 | $55,024 | 4.4%/yr | 6.5% | 0.583 |
| LaSalle Parish, LA | 14,789 | $63,958 | 8.0%/yr | 4.9% | 0.584 |
| Franklin Parish, LA | 19,403 | $46,861 | 5.2%/yr | 8.2% | 0.605 |
| Richland Parish, LA | 19,819 | $53,307 | 5.4%/yr | 8.9% | 0.600 |
| Jackson Parish, LA | 14,881 | $44,918 | 2.1%/yr | 7.4% | 0.568 |
Conclusion
Considering all these factors, Caldwell 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 Caldwell Parish, Louisiana.
How Rich Is Caldwell Parish, Louisiana?
Caldwell 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 $47,006, about 23% lower than the Louisiana average of $60,934.
How fast is household income rising in Caldwell Parish, Louisiana?
Between 2009 and 2024, the median household income in Caldwell Parish, Louisiana rose 21%, from $38,989 to $47,006. Over the same years, income here lagged behind Louisiana as a whole: +21% against +44%.
What was the median household income in Caldwell Parish in 2023?
In 2023, the median household income in Caldwell Parish, Louisiana was $44,933, down 3% from $46,218 in 2022. The Louisiana median that year was $60,038.
What was the median household income in Caldwell Parish in 2020?
In 2020, the median household income in Caldwell Parish, Louisiana was $41,152. By 2024 it had risen 14% to $47,006.
Is unemployment high in Caldwell Parish, Louisiana?
Unemployment in Caldwell Parish, Louisiana is 10.1%, well above the Louisiana rate of 6.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Caldwell Parish, Louisiana?
The Gini coefficient in Caldwell Parish is 0.582. 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 Caldwell Parish, Louisiana?
Since 2009, the income gap between men and women in Caldwell Parish, Louisiana has narrowed from about 44% to -1% in 2024. Over that period the gap in 2023 women out-earned men by 13%. In dollar terms, the gap has narrowed by $19,569 since 2009.
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