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Want to know where the richest of the rich congregate in the Bayou State? Read on to see what the wealthiest cities in Louisiana are.
While Louisiana is most famous for New Orleans, you won't find the Big Easy on this list. Some of its more affluent suburbs like Harahan and Kenner did make the cut, however. And while the capital Baton Rouge didn't dazzle us with riches, its suburb of Zachary did. 9 out of 10 of the cities on this list are also featured on our list of best places to live in Louisiana. It makes sense that the folks with the most money would want to live in the best places the state has to offer.
So how did Homesnacks determine which cities have the most going for them in terms of dollars and cents? We've taken the guesswork out of it by using science and data to determine where you can get gold-plated crawfish in Louisiana. By looking over the Census data from the American Community Survey for 62 Louisiana cities with 5,000, and then looking at each city's numbers on unemployment, poverty, and median income, we were able to determine the richest spots in the state.
What do you need to earn to live in the richest cities in Louisiana? Luckily, it's not a discouragingly high number. The top five places on this list have an average median income of around $75,000/year, and you can do well for yourself in the city of Scott on under $50,000/year.
So if you want to know where Louisiana's elite go to make money for the highest quality Cajun food, private suites for Saints games, and the most extravagant Mardi Gras celebrations, read on.
At the end of the day, here's the set of the 10 richest places in Louisiana for 2020:
- Youngsville (Photos | Homes For Sale)
- Central (Photos | Homes For Sale)
- Mandeville (Photos | Homes For Sale)
- Broussard (Photos | Homes For Sale)
- Harahan (Photos | Homes For Sale)
- Zachary (Photos | Homes For Sale)
- Scott (Photos | Homes For Sale)
- St. Gabriel (Photos | Homes For Sale)
- Sulphur (>Homes For Sale)
- Patterson (>Homes For Sale)
You may be asking how Homesnacks arrived at the conclusion that the cities above are the richest in Louisiana. Well, first we narrowed the potential places down to those with a population of at least 5,000. Then we looked at which cities had the lowest rates of poverty and unemployment and the highest median household income.
That left us with 62 cities to score and the data to answer the question: what's the wealthiest city in the Louisiana? According to the data, Youngsville is the place in Louisiana with the richest of the rich for 2020.
So if you want to live like an aristocrat in one of the country's great cultural hubs, be sure to check out the list below.
Rich people not your cup of tea? Feel free to check out some more reading about Louisiana:
The 10 Richest Cities In Louisiana For 2020
Central is the thirteenth-largest city in the U.S. state of Louisiana. It is the second largest city in East Baton Rouge Parish. Central became the state's newest city in April 2005. It is part of the Baton Rouge Metropolitan Statistical Area. The population of Central was 26,864 as of the 2010 census.
Mandeville is a small city in St. Tammany Parish, Louisiana, United States. The population was 11,560 at the 2010 census. Mandeville is located on the North Shore of Lake Pontchartrain, south of Interstate 12. It is across the lake from the city of New Orleans and its southshore suburbs. It is part of the New Orleans-Metairie-Kenner metropolitan area.
Broussard is a small city in Lafayette parish in the U.S. state of Louisiana. The population was 6,754 from the 2005 Census Est.
Harahan is a city in Jefferson Parish, Louisiana, United States, and a suburb of New Orleans. The population was 9,277 at the 2010 census.
Zachary is a city in the East Baton Rouge parish of Louisiana in the United States. It lies 16 miles north of the city of Baton Rouge, and had a population of 14,960 at the 2010 census, up from 11,275 in 2000.
Scott is the fourth largest municipality in Lafayette Parish, Louisiana, United States. The population rose to over 8,000 according to the 2010 census results. Scott is a suburb of Lafayette and is part of the Lafayette Metropolitan Statistical Area.
St. Gabriel is a city in Iberville Parish, Louisiana, United States. The population was 6,677 at the 2010 census. The city of St. Gabriel includes the areas of Sunshine and Carville. It is part of the Baton Rouge Metropolitan Statistical Area.
Sulphur is a city in Calcasieu Parish, Louisiana, United States. The population was 20,410 at the 2010 census. Sulphur is part of the Lake Charles Metropolitan Statistical Area.
Patterson is a small city in St. Mary Parish, Louisiana, United States. The population was 6,112 at the 2010 census. It is part of the Morgan City Micropolitan Statistical Area.
How We Determined The Richest Places In Louisiana For 2020
The first thing that comes to most people's minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.
However, we don't believe that one statistic wholly encompasses what it means to be one of the "richest places". So we looked at this set of criteria from the newly released 2014-2018 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 62 places with more than 5,000 people in Louisiana, we ranked each place from 1 to 62 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a "Rich Score" with the place having the lowest overall Rich Score, Youngsville, crowned the "Richest City In Louisiana For 2020". You can download the data here.
You can learn more about the top ten below or skip to the end to see the rankings for all 62 places.
There You Have It - The Wealthiest Places In Louisiana For 2020
Like we said earlier, when we set out to identify the richest places in Louisiana, we weren't sure what we'd encounter, but it ended up being some of the best places to live in Louisiana.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you're curious enough, here are the poorest cities in Louisiana, according to data:
2nd Poorest: Ville Platte
3rd Poorest: Bogalusa
For more Louisiana reading, check out:
- Best Places To Raise A Family In Louisiana
- Best Counties To Live In Louisiana
- Cheapest Places To Live In Louisiana
Detailed List Of The Richest Cities In Louisiana