Terrebonne Parish, Louisiana
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Terrebonne Parish Compares
Detailed Income Statistics
Income Advisory: Terrebonne Parish
Income Verdict
Terrebonne Parish has a median household income of $64,819 and per capita income of $33,217 — a gap of $31,602, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,010/month and a median household income of $64,819, rent consumes approximately 18.7% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $64,819, residents of Terrebonne Parish likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $33,217 is in line with national norms for individual earners.
Neighbor Context
Terrebonne Parish earns approximately 17.3% above the Louisiana state median household income of $55,250, positioning it favorably within the state.
Data Story
About Household Income in Terrebonne Parish, Louisiana
Terrebonne approaches U.S. income median
Terrebonne Parish households earn $64,819 annually, trailing the national median of $74,755 by about $10,000. This 13% gap is the smallest in the regional cluster, positioning Terrebonne as the second-strongest income performer after St. Tammany.
Above Louisiana's parish average
Terrebonne's $64,819 exceeds Louisiana's $55,250 state median by roughly $9,600, or 17%. The parish ranks in the upper tier of Louisiana parishes, benefiting from robust energy and petrochemical sector employment.
Second-strongest regional earner
Terrebonne's $64,819 trails only St. Tammany Parish ($79,277) and outpaces Tangipahoa Parish ($57,256) by $7,500. The parish demonstrates strong economic health relative to most rural Louisiana counterparts.
Best rent-to-income ratio in group
Terrebonne's 18.7% rent-to-income ratio is the lowest among all peers, signaling excellent housing affordability. Combined with strong incomes, Terrebonne households retain maximum flexibility for savings and discretionary spending.
Leverage advantages into lasting wealth
Terrebonne residents earning $64,819 can aggressively build wealth by investing $250–400 monthly in diversified portfolios. At 7% annual returns over 20 years, consistent investing transforms into $120,000–190,000 in wealth accumulation.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Terrebonne Parish median
County median: $64,819 per year
vs. County Median
+0%
vs. State Average
+17%
vs. National Median
-13%
Income Adequacy
Your monthly income ($5,402) vs. median rent ($1,010/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.