Iberville Parish, Louisiana Income Statistics
Iberville 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.
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D
Iberville Parish Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Iberville Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,441 | $60,934 | $80,455 |
| Median Personal Income | $51,077 | $53,184 | $60,758 |
| Average Yearly Income Growth | 2.3% | 3.7% | 4.8% |
| Six-Figure Earners | 7.5% | 9.7% | 13.9% |
| $200k+ Households | 6.0% | 7.8% | 13.2% |
The median household income in Iberville Parish is about 9% lower than in Louisiana. Income has been growing slower in Iberville Parish (2.3%/yr) than in Louisiana (3.7%/yr).
About 7% of adults in Iberville 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 Iberville Parish, Louisiana grew by 36.2% from 2009 to 2024, reaching $55,441 in 2024. That's an average of about 2.3% per year.
Income Inequality and the Gender Pay Gap in Iberville Parish
| Metric | Iberville Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.604 | 0.574 | 0.552 |
| Male Median Income | $70,008 | $65,171 | $69,667 |
| Female Median Income | $46,042 | $47,031 | $56,850 |
| Gender Pay Gap | 34.2% | 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 Iberville Parish, it is 0.604, 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.
Men's income is about 52% more than women's income in Iberville Parish, Louisiana. Over a 35-year career, a 52% wage gap accumulates to roughly $838,810 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Iberville Parish, Louisiana has widened from about 33% to 34% in 2024. Over that period the gap was widest at 45% in 2018, and was narrowest at 31% in 2023. In dollar terms, the gap has widened by $10,660 since 2009.
Sharply against the trend: the pay gap in Iberville Parish widened by 1.6 points while Louisiana's narrowed by 4.5 points.
Employment
| Metric | Iberville Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 6.2% | 5.2% |
| Working from Home | 5.3% | 8.1% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 769 people are unemployed in Iberville Parish, Louisiana.
The average commute time in Iberville Parish is 18 minutes, shorter than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Iberville Parish, Louisiana has fallen from 6.4% to 6.1% in 2024. Over that period the rate peaked at 9.5% in 2020.
Iberville Parish, LA Wealth Compared With Nearby Counties
Iberville Parish, LA is the 4th largest of the 6 counties compared here, 29,819 residents against a local median of 51,353. Where Iberville Parish, LA breaks from the counties next to it is unemployment, sitting 28% above the local median of 4.8% at 6.1%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 2.3%/yr against a local median of 3.1%/yr, 25% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Iberville Parish, LA reads weaker than its neighbours on all of them. The counties themselves spread 3.7% on unemployment, so Iberville Parish, LA sits at one end of an already wide local range rather than apart from it. Iberville Parish, LA has the 4th 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. |
|---|---|---|---|---|---|
| Iberville Parish, LA | 29,819 | $55,441 #5/6 | 2.3%/yr #5/6 | 6.1% #4/6 | 0.604 #6/6 |
| West Baton Rouge Parish, LA | 27,974 | $86,048 | 5.7%/yr | 7.0% | 0.536 |
| St. Martin Parish, LA | 51,353 | $56,973 | 2.8%/yr | 4.0% | 0.547 |
| East Baton Rouge Parish, LA | 452,856 | $63,541 | 3.1%/yr | 7.7% | 0.580 |
| Ascension Parish, LA | 130,307 | $92,758 | 3.3%/yr | 4.4% | 0.546 |
| Assumption Parish, LA | 20,480 | $52,234 | 1.4%/yr | 4.8% | 0.560 |
Conclusion
Considering all these factors, Iberville Parish, Louisiana has an overall wealth index grade of D, making it about on par with Louisiana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Iberville Parish, Louisiana.
How Wealthy Is Iberville Parish, Louisiana?
Iberville 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 $55,441, about 9% lower than the Louisiana average of $60,934.
How fast is household income rising in Iberville Parish, Louisiana?
Between 2009 and 2024, the median household income in Iberville Parish, Louisiana rose 36%, from $40,716 to $55,441. Over the same years, income here lagged behind Louisiana as a whole: +36% against +44%.
What was the median household income in Iberville Parish in 2023?
In 2023, the median household income in Iberville Parish, Louisiana was $58,776, down 1% from $59,438 in 2022. The Louisiana median that year was $60,038.
What was the median household income in Iberville Parish in 2020?
In 2020, the median household income in Iberville Parish, Louisiana was $49,728. By 2024 it had risen 11% to $55,441.
What is the Gini coefficient in Iberville Parish, Louisiana?
The Gini coefficient in Iberville Parish is 0.604. 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 Iberville Parish, Louisiana?
Since 2009, the income gap between men and women in Iberville Parish, Louisiana has widened from about 33% to 34% in 2024. Over that period the gap was widest at 45% in 2018, and was narrowest at 31% in 2023. In dollar terms, the gap has widened by $10,660 since 2009.
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