Wealth Index
Less wealthy than 89% 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 | Evangeline Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $42,797 | $60,029 | $78,145 |
| Median Personal Income | $45,351 | $54,233 | $61,726 |
| Average income growth | 5.0% | 4.0% | 5.1% |
| Six-Figure Earners | 5.5% | 9.4% | 13.2% |
The median household income in Evangeline Parish is about 29% lower than in Louisiana. Income has been growing faster in Evangeline Parish (5.0%/yr) than in Louisiana (4.0%/yr).
About 5% of adults in Evangeline 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 Evangeline Parish, Louisiana grew by 26.6% from 2009 to 2023, reaching $42,797 in 2023. That's an average of about 5.0% per year.
Economic Inequality in Evangeline Parish | Gender Pay Gap | Gini Coefficient
| Metric | Evangeline Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.594 | 0.586 | 0.570 |
| Male Median Income | $57,200 | $63,825 | $67,746 |
| Female Median Income | $37,121 | $46,053 | $54,793 |
| Gender Pay Gap | 35.1% | 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 Evangeline Parish, it is 0.594, higher than Louisiana's 0.586, so income is less 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 54% more than women's income in Evangeline Parish, Louisiana. Over a 35-year career, a 54% wage gap accumulates to roughly $702,765 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Evangeline Parish, Louisiana has narrowed from about 38% to 35% in 2023. In dollar terms, the gap has widened by $3,721 since 2009.
Employment
| Metric | Evangeline Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 10.9% | 6.3% | 5.2% |
| Working from Home | 2.8% | 7.2% | 13.4% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 1,448 people are unemployed in Evangeline Parish, Louisiana.
The average commute time in Evangeline Parish is 21 minutes, about the same as in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Evangeline Parish, Louisiana has risen from 6.4% to 10.9% in 2023.
Conclusion
Considering all these factors, Evangeline 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 Evangeline Parish, Louisiana.
How Wealthy Is Evangeline Parish, Louisiana?
Evangeline 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 $42,797, about 29% lower than the Louisiana average of $60,029.
What is the current median household income in Evangeline Parish, Louisiana?
As of 2023, the median household income in Evangeline Parish, Louisiana is $42,797.
What was the median household income in Evangeline Parish in 2023?
In 2023, the median household income in Evangeline Parish, Louisiana was $42,797.
What was the median household income in Evangeline Parish in 2020?
In 2020, the median household income in Evangeline Parish, Louisiana was $31,663.
What is the Gini coefficient in Evangeline Parish, Louisiana?
The Gini coefficient in Evangeline Parish is 0.594. 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 Evangeline Parish, Louisiana?
Since 2009, the income gap between men and women in Evangeline Parish, Louisiana has narrowed from about 38% to 35% in 2023. In dollar terms, the gap has widened by $3,721 since 2009.