Wealth Index
Wealthier than 90% 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 | East Baton Rouge Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,869 | $60,029 | $78,145 |
| Median Personal Income | $57,778 | $54,233 | $61,726 |
| Average income growth | 3.4% | 4.0% | 5.1% |
| Six-Figure Earners | 11.0% | 9.4% | 13.2% |
The median household income in East Baton Rouge Parish is about 5% higher than in Louisiana. Income has been growing slower in East Baton Rouge Parish (3.4%/yr) than in Louisiana (4.0%/yr).
About 11% of adults in East Baton Rouge Parish earn six figures ($100,000 or more) a year, higher than the Louisiana average of 9%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in East Baton Rouge Parish, Louisiana grew by 42.3% from 2009 to 2023, reaching $62,869 in 2023. That's an average of about 3.4% per year.
Economic Inequality in East Baton Rouge Parish | Gender Pay Gap | Gini Coefficient
| Metric | East Baton Rouge Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.580 | 0.586 | 0.570 |
| Male Median Income | $67,993 | $63,825 | $67,746 |
| Female Median Income | $49,111 | $46,053 | $54,793 |
| Gender Pay Gap | 27.8% | 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 East Baton Rouge Parish, it is 0.580, lower than Louisiana's 0.586, so income is more evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 38% more than women's income in East Baton Rouge Parish, Louisiana. Over a 35-year career, a 38% wage gap accumulates to roughly $660,870 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in East Baton Rouge Parish, Louisiana has narrowed from about 31% to 28% in 2023. In dollar terms, the gap has widened by $4,255 since 2009.
Employment
| Metric | East Baton Rouge Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.6% | 6.3% | 5.2% |
| Working from Home | 7.4% | 7.2% | 13.4% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 17,534 people are unemployed in East Baton Rouge Parish, Louisiana.
The average commute time in East Baton Rouge Parish is 21 minutes, about the same as in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in East Baton Rouge Parish, Louisiana has fallen from 7.7% to 7.6% in 2023.
Conclusion
Considering all these factors, East Baton Rouge Parish, Louisiana has an overall wealth index grade of C, making it somewhat better than Louisiana, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in East Baton Rouge Parish, Louisiana.
How Wealthy Is East Baton Rouge Parish, Louisiana?
East Baton Rouge Parish has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $62,869, about 5% higher than the Louisiana average of $60,029.
What is the current median household income in East Baton Rouge Parish, Louisiana?
As of 2023, the median household income in East Baton Rouge Parish, Louisiana is $62,869.
What was the median household income in East Baton Rouge Parish in 2023?
In 2023, the median household income in East Baton Rouge Parish, Louisiana was $62,869.
What was the median household income in East Baton Rouge Parish in 2020?
In 2020, the median household income in East Baton Rouge Parish, Louisiana was $56,566.
What is the Gini coefficient in East Baton Rouge Parish, Louisiana?
The Gini coefficient in East Baton Rouge Parish is 0.580. 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 East Baton Rouge Parish, Louisiana?
Since 2009, the income gap between men and women in East Baton Rouge Parish, Louisiana has narrowed from about 31% to 28% in 2023. In dollar terms, the gap has widened by $4,255 since 2009.