Ouachita Parish, Louisiana
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Ouachita Parish Compares
Detailed Income Statistics
Income Advisory: Ouachita Parish
Income Verdict
Ouachita Parish has a median household income of $51,241 and per capita income of $30,656 — a gap of $20,585, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $923/month and a median household income of $51,241, rent consumes approximately 21.6% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $51,241, residents of Ouachita Parish likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $30,656 is in line with national norms for individual earners.
Neighbor Context
Ouachita Parish earns approximately 7.3% below the Louisiana state median household income of $55,250.
Data Story
About Household Income in Ouachita Parish, Louisiana
Ouachita Parish falls 31% below national median
Ouachita Parish households earn $51,241 annually, roughly 31% less than the U.S. median of $74,755. The parish lags the nation significantly but performs better than many rural Louisiana counterparts.
Near Louisiana's median, slightly below state average
At $51,241, Ouachita Parish's median household income falls 7% below Louisiana's state median of $55,250, placing it slightly below the state average. Per capita income of $30,656 closely mirrors the state average of $29,702, indicating more equitable income distribution.
Mid-tier income across central Louisiana
Ouachita Parish's median income of $51,241 trails Pointe Coupee Parish ($59,351) and Rapides Parish ($55,946) but exceeds Orleans Parish ($55,339). The parish occupies a competitive middle position among its peers in central Louisiana.
Sustainable housing affordability for households
Ouachita Parish's rent-to-income ratio of 21.6% falls comfortably below the 30% affordability threshold, indicating housing costs remain manageable. Median home values of $183,000 allow many households to pursue homeownership without excessive financial strain.
Build steady wealth through disciplined saving
Ouachita Parish residents should establish automatic monthly transfers to savings accounts to capture even small surpluses in household budgets. Employer 401(k) matching programs and tax-advantaged health savings accounts offer powerful long-term wealth accumulation opportunities.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Ouachita Parish
Your income is above the Ouachita Parish median
County median: $51,241 per year
vs. County Median
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vs. State Average
-7%
vs. National Median
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Income Adequacy
Your monthly income ($4,270) vs. median rent ($923/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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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.