Laplace, Louisiana Income Statistics
Laplace 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.
-
C
Laplace Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Laplace | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,567 | $60,934 | $80,455 |
| Median Personal Income | $51,402 | $53,184 | $60,758 |
| Average Yearly Income Growth | 1.4% | 3.7% | 4.8% |
| Six-Figure Earners | 6.7% | 9.7% | 13.9% |
| $200k+ Households | 6.1% | 7.8% | 13.2% |
The median household income in Laplace is about 4% higher than in Louisiana. Income has been growing slower in Laplace (1.4%/yr) than in Louisiana (3.7%/yr).
About 7% of adults in Laplace 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 Laplace, Louisiana grew by 22.3% from 2009 to 2024, reaching $63,567 in 2024. That's an average of about 1.4% per year.
Income Inequality and the Gender Pay Gap in Laplace
| Metric | Laplace | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.561 | 0.574 | 0.552 |
| Male Median Income | $56,851 | $65,171 | $69,667 |
| Female Median Income | $49,425 | $47,031 | $56,850 |
| Gender Pay Gap | 13.1% | 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 Laplace, it is 0.561, 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 15% more than women's income in Laplace, Louisiana. Over a 35-year career, a 15% wage gap accumulates to roughly $259,910 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Laplace, Louisiana has narrowed from about 26% to 13% in 2024. Over that period the gap was widest at 38% in 2022. In dollar terms, the gap has narrowed by $4,166 since 2009.
Employment
| Metric | Laplace | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 10.5% | 6.2% | 5.2% |
| Working from Home | 7.1% | 8.1% | 15.0% |
| Commute time (minutes) | 30 | 21 | 22 |
Approximately 1,211 people are unemployed in Laplace, Louisiana.
The average commute time in Laplace is 30 minutes, longer than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Laplace, Louisiana has risen from 7.8% to 10.5% in 2024. Over that period the rate fell as low as 6.6% in 2018.
Conclusion
Considering all these factors, Laplace, 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 Laplace, Louisiana.
How Rich Is Laplace, Louisiana?
Laplace 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 $63,567, about 4% higher than the Louisiana average of $60,934.
How fast is household income rising in Laplace, Louisiana?
Between 2009 and 2024, the median household income in Laplace, Louisiana rose 22%, from $51,987 to $63,567. Over the same years, income here lagged behind Louisiana as a whole: +22% against +44%.
What was the median household income in Laplace in 2023?
In 2023, the median household income in Laplace, Louisiana was $66,262, down 1% from $66,624 in 2022. The Louisiana median that year was $60,038.
What was the median household income in Laplace in 2020?
In 2020, the median household income in Laplace, Louisiana was $61,097. By 2024 it had risen 4% to $63,567.
Is it hard to find a job in Laplace, Louisiana?
Unemployment in Laplace, Louisiana is 10.5%, well above the Louisiana rate of 6.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Laplace, Louisiana?
The Gini coefficient in Laplace is 0.561. 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 Laplace, Louisiana?
Since 2009, the income gap between men and women in Laplace, Louisiana has narrowed from about 26% to 13% in 2024. Over that period the gap was widest at 38% in 2022. In dollar terms, the gap has narrowed by $4,166 since 2009.
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