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.
Income Statistics Overview
| Metric | Pointe Coupee Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $59,444 | $60,029 | $78,145 |
| Median Personal Income | $58,974 | $54,233 | $61,726 |
| Average income growth | 4.5% | 4.0% | 5.1% |
| Six-Figure Earners | 9.8% | 9.4% | 13.2% |
The median household income in Pointe Coupee Parish is about 1% lower than in Louisiana. Income has been growing faster in Pointe Coupee Parish (4.5%/yr) than in Louisiana (4.0%/yr).
About 10% of adults in Pointe Coupee Parish earn six figures ($100,000 or more) a year, about the same as the Louisiana average of 9%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Pointe Coupee Parish, Louisiana grew by 60.6% from 2009 to 2023, reaching $59,444 in 2023. That's an average of about 4.5% per year.
Economic Inequality in Pointe Coupee Parish | Gender Pay Gap | Gini Coefficient
| Metric | Pointe Coupee Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.595 | 0.586 | 0.570 |
| Male Median Income | $81,570 | $63,825 | $67,746 |
| Female Median Income | $44,691 | $46,053 | $54,793 |
| Gender Pay Gap | 45.2% | 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 Pointe Coupee Parish, it is 0.595, 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 83% more than women's income in Pointe Coupee Parish, Louisiana. Over a 35-year career, a 83% wage gap accumulates to roughly $1,290,765 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pointe Coupee Parish, Louisiana has widened from about 31% to 45% in 2023. In dollar terms, the gap has widened by $23,706 since 2009.
Employment
| Metric | Pointe Coupee Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.4% | 6.3% | 5.2% |
| Working from Home | 2.8% | 7.2% | 13.4% |
| Commute time (minutes) | 26 | 21 | 22 |
Approximately 765 people are unemployed in Pointe Coupee Parish, Louisiana.
The average commute time in Pointe Coupee Parish is 26 minutes, longer than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pointe Coupee Parish, Louisiana has risen from 6.0% to 8.4% in 2023.
Conclusion
Considering all these factors, Pointe Coupee 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 Pointe Coupee Parish, Louisiana.
How Rich Is Pointe Coupee Parish, Louisiana?
Pointe Coupee 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 $59,444, about 1% lower than the Louisiana average of $60,029.
What is the current median household income in Pointe Coupee Parish, Louisiana?
As of 2023, the median household income in Pointe Coupee Parish, Louisiana is $59,444.
What was the median household income in Pointe Coupee Parish in 2023?
In 2023, the median household income in Pointe Coupee Parish, Louisiana was $59,444.
What was the median household income in Pointe Coupee Parish in 2020?
In 2020, the median household income in Pointe Coupee Parish, Louisiana was $44,006.
What is the Gini coefficient in Pointe Coupee Parish, Louisiana?
The Gini coefficient in Pointe Coupee Parish is 0.595. 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 Pointe Coupee Parish, Louisiana?
Since 2009, the income gap between men and women in Pointe Coupee Parish, Louisiana has widened from about 31% to 45% in 2023. In dollar terms, the gap has widened by $23,706 since 2009.