Franklin Parish, Louisiana Wealth Profile
Wealth Index
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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Income Statistics Overview
| Metric | Franklin Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $44,317 | $60,029 | $78,145 |
| Median Personal Income | $44,317 | $60,029 | $78,145 |
| Average income growth | 5.2% | 5.2% | 5.2% |
Household Income Trend
Median Household Income Over Time
Franklin Parish
United States
Economic Inequality in Franklin Parish | Gender Pay Gap | Gini Index
| Metric | Franklin Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Index | 0.610 | 0.586 | 0.569 |
| Male Median Income | $58,225 | $63,825 | $67,746 |
| Female Median Income | $37,974 | $46,053 | $54,793 |
| Gender Pay Gap | 32.7% | 28.9% | 18.9% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Franklin Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.8% | 6.3% | 5.2% |
| Working from Home | 5.7% | 7.2% | 13.4% |
| Commute time (minutes) | 20 | 21 | 22 |
Unemployment Rate Over Time
Franklin Parish
United States