Terrytown, Louisiana Income Statistics
Terrytown 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
Terrytown Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Terrytown | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,196 | $60,934 | $80,455 |
| Median Personal Income | $40,036 | $53,184 | $60,758 |
| Average Yearly Income Growth | 2.9% | 3.7% | 4.8% |
| Six-Figure Earners | 4.5% | 9.7% | 13.9% |
| $200k+ Households | 2.4% | 7.8% | 13.2% |
The median household income in Terrytown is about 13% lower than in Louisiana. Income has been growing slower in Terrytown (2.9%/yr) than in Louisiana (3.7%/yr).
About 5% of adults in Terrytown 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 Terrytown, Louisiana grew by 18.2% from 2009 to 2024, reaching $53,196 in 2024. That's an average of about 2.9% per year.
Income Inequality and the Gender Pay Gap in Terrytown
| Metric | Terrytown | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.529 | 0.574 | 0.552 |
| Male Median Income | $39,596 | $65,171 | $69,667 |
| Female Median Income | $44,779 | $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 Terrytown, it is 0.529, lower than Louisiana's 0.574, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Women's income is about 13% more than men's income in Terrytown, Louisiana. Over a 35-year career, a 13% wage gap accumulates to roughly $181,405 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Terrytown, Louisiana has narrowed from about 35% to -13% in 2024. Over that period the gap in 2020 women out-earned men by 20%. In dollar terms, the gap has narrowed by $19,932 since 2009.
Employment
| Metric | Terrytown | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.3% | 6.2% | 5.2% |
| Working from Home | 6.8% | 8.1% | 15.0% |
| Commute time (minutes) | 23 | 21 | 22 |
Approximately 1,044 people are unemployed in Terrytown, Louisiana.
The average commute time in Terrytown is 23 minutes, longer than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Terrytown, Louisiana has risen from 7.6% to 8.3% in 2024. Over that period the rate peaked at 8.6% in 2013 and fell as low as 6.6% in 2020.
Terrytown, LA Wealth Compared With Nearby Cities
How Terrytown, LA compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Terrytown, LA | 25,652 | $53,196 #1/2 | 2.9%/yr #2/2 | 8.3% #2/2 | 0.529 #1/2 |
| Harvey, LA | 21,190 | $49,971 | 4.0%/yr | 7.2% | 0.557 |
Conclusion
Considering all these factors, Terrytown, 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 Terrytown, Louisiana.
How Rich Is Terrytown, Louisiana?
Terrytown 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 $53,196, about 13% lower than the Louisiana average of $60,934.
How has median household income changed in Terrytown, Louisiana?
Between 2009 and 2024, the median household income in Terrytown, Louisiana rose 18%, from $45,008 to $53,196. Over the same years, income here lagged behind Louisiana as a whole: +18% against +44%.
What was the median household income in Terrytown in 2023?
In 2023, the median household income in Terrytown, Louisiana was $56,423, about the same as in 2022. The Louisiana median that year was $60,038.
What was the median household income in Terrytown in 2020?
In 2020, the median household income in Terrytown, Louisiana was $53,111. By 2024 it was about the same, at $53,196.
How strong is the job market in Terrytown, Louisiana?
Unemployment in Terrytown, Louisiana is 8.3%, well above the Louisiana rate of 6.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Terrytown, Louisiana?
The Gini coefficient in Terrytown is 0.529. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Terrytown, Louisiana?
Since 2009, the income gap between men and women in Terrytown, Louisiana has narrowed from about 35% to -13% in 2024. Over that period the gap in 2020 women out-earned men by 20%. In dollar terms, the gap has narrowed by $19,932 since 2009.
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