Orleans Parish, Louisiana
Income Data
At a Glance
How Orleans Parish Compares
Detailed Income Statistics
Data Story
About Household Income in Orleans Parish, Louisiana
Orleans Parish matches state but trails nation
Orleans Parish households earn $55,339 annually, approximately 26% below the U.S. median of $74,755. The parish matches Louisiana's state median of $55,250, reflecting its role as an economic hub but still lagging national prosperity.
Aligns with Louisiana's statewide median income
Orleans Parish's median household income of $55,339 essentially matches the Louisiana state median of $55,250, positioning it at the midpoint of parish-level earnings. Per capita income of $39,698 significantly exceeds the state average of $29,702, indicating higher-earning workers boost the aggregate.
Outpaces most adjacent parishes regionally
Orleans Parish's median household income of $55,339 exceeds Ouachita Parish ($51,241) and Rapides Parish ($55,946), establishing it as a mid-tier economic performer. The parish ranks above lower-income neighbors but below high-earning Plaquemines Parish ($82,874).
Housing costs consume rising share of income
Orleans Parish's rent-to-income ratio of 26.3% approaches the 30% affordability ceiling, indicating housing costs are rising faster than incomes. With median home values at $296,400, homeownership requires substantial down payments and income stability.
Diversify wealth beyond New Orleans's boom-bust cycles
Orleans Parish residents should build diversified investment portfolios to weather the region's economic volatility and tourism dependency. Consider retirement accounts, index funds, and real estate diversification outside the parish to reduce concentration risk and build long-term wealth.
Frequently Asked Questions
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.