Houma, Louisiana Income Statistics
Houma Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Houma Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Houma | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $51,557 | $60,934 | $80,455 |
| Median Personal Income | $47,609 | $53,184 | $60,758 |
| Average Yearly Income Growth | 4.4% | 3.7% | 4.8% |
| Six-Figure Earners | 8.3% | 9.7% | 13.9% |
| $200k+ Households | 5.8% | 7.8% | 13.2% |
The median household income in Houma is about 15% lower than in Louisiana. Income has been growing faster in Houma (4.4%/yr) than in Louisiana (3.7%/yr).
About 8% of adults in Houma 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 Houma, Louisiana grew by 41.9% from 2009 to 2024, reaching $51,557 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Houma
| Metric | Houma | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.566 | 0.574 | 0.552 |
| Male Median Income | $62,006 | $65,171 | $69,667 |
| Female Median Income | $37,782 | $47,031 | $56,850 |
| Gender Pay Gap | 39.1% | 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 Houma, it is 0.566, 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 64% more than women's income in Houma, Louisiana. Over a 35-year career, a 64% wage gap accumulates to roughly $847,840 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Houma, Louisiana has narrowed from about 42% to 39% in 2024. Over that period the gap was widest at 43% in 2021, and was narrowest at 26% in 2018. In dollar terms, the gap has widened by $5,635 since 2009.
Employment
| Metric | Houma | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 6.2% | 5.2% |
| Working from Home | 3.0% | 8.1% | 15.0% |
| Commute time (minutes) | 13 | 21 | 22 |
Approximately 397 people are unemployed in Houma, Louisiana.
The average commute time in Houma is 13 minutes, shorter than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Houma, Louisiana has fallen from 5.3% to 4.1% in 2024. Over that period the rate peaked at 10.2% in 2018.
Conclusion
Considering all these factors, Houma, 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 Houma, Louisiana.
How Rich Is Houma, Louisiana?
Houma 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 $51,557, about 15% lower than the Louisiana average of $60,934.
Are incomes growing in Houma, Louisiana?
Between 2009 and 2024, the median household income in Houma, Louisiana rose 42%, from $36,343 to $51,557. Over the same years, income here lagged behind Louisiana as a whole: +42% against +44%.
What was the median household income in Houma in 2023?
In 2023, the median household income in Houma, Louisiana was $49,196, down 5% from $51,679 in 2022. The Louisiana median that year was $60,038.
What was the median household income in Houma in 2020?
In 2020, the median household income in Houma, Louisiana was $41,309. By 2024 it had risen 25% to $51,557.
Is unemployment high in Houma, Louisiana?
Unemployment in Houma, Louisiana is only 4.1%, well below the Louisiana rate of 6.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Houma, Louisiana?
The Gini coefficient in Houma is 0.566. 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 Houma, Louisiana?
Since 2009, the income gap between men and women in Houma, Louisiana has narrowed from about 42% to 39% in 2024. Over that period the gap was widest at 43% in 2021, and was narrowest at 26% in 2018. In dollar terms, the gap has widened by $5,635 since 2009.
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