Terrebonne Parish, Louisiana Income Statistics
Terrebonne 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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C
Terrebonne Parish Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Terrebonne Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,594 | $60,934 | $80,455 |
| Median Personal Income | $52,560 | $53,184 | $60,758 |
| Average Yearly Income Growth | 3.7% | 3.7% | 4.8% |
| Six-Figure Earners | 9.0% | 9.7% | 13.9% |
| $200k+ Households | 6.0% | 7.8% | 13.2% |
The median household income in Terrebonne Parish is about 6% higher than in Louisiana. Income has been growing faster in Terrebonne Parish (3.7%/yr) than in Louisiana (3.7%/yr).
About 9% of adults in Terrebonne 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 Terrebonne Parish, Louisiana grew by 37.9% from 2009 to 2024, reaching $64,594 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Terrebonne Parish
| Metric | Terrebonne Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.569 | 0.574 | 0.552 |
| Male Median Income | $67,590 | $65,171 | $69,667 |
| Female Median Income | $42,240 | $47,031 | $56,850 |
| Gender Pay Gap | 37.5% | 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 Terrebonne Parish, it is 0.569, about the same as Louisiana's 0.574, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 60% more than women's income in Terrebonne Parish, Louisiana. Over a 35-year career, a 60% wage gap accumulates to roughly $887,250 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Terrebonne Parish, Louisiana has narrowed from about 41% to 38% in 2024. Over that period the gap was widest at 43% in 2015. In dollar terms, the gap has widened by $4,873 since 2009.
Employment
| Metric | Terrebonne Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 6.2% | 5.2% |
| Working from Home | 3.3% | 8.1% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 2,276 people are unemployed in Terrebonne Parish, Louisiana.
The average commute time in Terrebonne Parish is 18 minutes, shorter than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Terrebonne Parish, Louisiana has fallen from 5.9% to 4.7% in 2024. Over that period the rate peaked at 6.9% in 2014.
Terrebonne Parish, LA Wealth Compared With Nearby Counties
Terrebonne Parish, LA is the largest of the 6 counties compared here, 106,185 residents against a local median of 47,828. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Terrebonne Parish, LA an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income growth, 11% above the local median at 3.7%/yr against 3.3%/yr. Terrebonne Parish, LA has the highest income growth 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. |
|---|---|---|---|---|---|
| Terrebonne Parish, LA | 106,185 | $64,594 #3/6 | 3.7%/yr #1/6 | 4.7% #3/6 | 0.569 #5/6 |
| Lafourche Parish, LA | 96,166 | $64,087 | 2.6%/yr | 4.2% | 0.574 |
| Assumption Parish, LA | 20,480 | $52,234 | 1.4%/yr | 4.8% | 0.560 |
| St. James Parish, LA | 19,390 | $67,816 | 3.6%/yr | 4.1% | 0.555 |
| St. Mary Parish, LA | 47,828 | $53,303 | 3.4%/yr | 5.4% | 0.565 |
| St. Charles Parish, LA | 51,396 | $81,548 | 3.3%/yr | 6.7% | 0.534 |
Conclusion
Considering all these factors, Terrebonne Parish, Louisiana has an overall wealth index grade of C, making it about on par with Louisiana, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Terrebonne Parish, Louisiana.
How Rich Is Terrebonne Parish, Louisiana?
Terrebonne Parish 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 $64,594, about 6% higher than the Louisiana average of $60,934.
Are incomes growing in Terrebonne Parish, Louisiana?
Between 2009 and 2024, the median household income in Terrebonne Parish, Louisiana rose 38%, from $46,838 to $64,594. Over the same years, income here lagged behind Louisiana as a whole: +38% against +44%.
What was the median household income in Terrebonne Parish in 2023?
In 2023, the median household income in Terrebonne Parish, Louisiana was $63,710, up 2% from $62,522 in 2022. The Louisiana median that year was $60,038.
What was the median household income in Terrebonne Parish in 2020?
In 2020, the median household income in Terrebonne Parish, Louisiana was $52,519. By 2024 it had risen 23% to $64,594.
How strong is the job market in Terrebonne Parish, Louisiana?
Unemployment in Terrebonne Parish, Louisiana is only 4.7%, 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 Terrebonne Parish, Louisiana?
The Gini coefficient in Terrebonne Parish is 0.569. 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 Terrebonne Parish, Louisiana?
Since 2009, the income gap between men and women in Terrebonne Parish, Louisiana has narrowed from about 41% to 38% in 2024. Over that period the gap was widest at 43% in 2015. In dollar terms, the gap has widened by $4,873 since 2009.
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