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Ascension Parish, LA

RANK #655 / 996  ·  POP 126,973  ·  LA

PROJECTED GROWTH: +0.2%

Ascension Parish ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Ascension Parish?

Gonzales, known as the "Jambalaya Capital of the World," hosts an annual festival celebrating the iconic Cajun dish, drawing many visitors. Ascension Parish is located in southeast Louisiana, positioned along the Mississippi River between Baton Rouge and New Orleans. Commuting is common, with many residents traveling to Baton Rouge for work, though traffic on I-10 and Highway 30 can be heavy. The community offers a blend of suburban living with a Southern feel. Outdoor recreation includes parks like Jambalaya Park and Duplessis Park, offering walking trails and playgrounds. The Houmas House Estate and Gardens, a historic sugar plantation, provides a glimpse into the region's past with its architecture and extensive gardens.

Life in Ascension Parish often involves families drawn by the highly rated public school system. The parish has experienced consistent population growth, fueled by job creation and industrial expansion. The economy is driven by heavy industry and manufacturing, particularly chemical and petrochemical production, with facilities located along the Mississippi River. This industrial base creates opportunities for a range of supporting businesses and contributes significantly to the local economy. The parish also has a strong agricultural heritage, notably in sugarcane production.

[02] Market Snapshot

Housing Ratio
3.2x

Undervalued relative to economy

GDP Growth
+7.1%

Well above national median

Home Prices
+0.4%

Well below national median

Climate & Terrain
-1.2

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 3.2x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Ascension Parish U.S. National

The Numbers

DEMOGRAPHICS
Population
126,973
+1.34% YoY
Median Household Income
$93,800
Median Home Value
$255,600
+0.42% 12mo
Median Rent
$1,230
Average Annual Pay
$71,805
+5.7% YoY
Employment
50,590
+3.3% YoY
Income-to-Home-Value
0.367
More affordable than average
Migration Inflow
3.7%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$298,315
Days on Market
75
Slower market
Months of Supply
5.2
Buyer's market
Sale-to-List Ratio
97.8%
Negotiation room for buyers
Sold Above List
6.7%
Listings w/ Price Drops
24.4%
Building Permits (2024)
531
Single-Family Permits
531

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$22,975M
TOTAL
PROJECT AMOUNT STATUS
Ascension Clean Energy (ACE) Hydrogen-Ammonia Production Facility
Clean Hydrogen Works (in partnership with Denbury Carbon Solutions and Hafnia)
$7,500M Proposed
Hyundai Steel Plant
Hyundai Steel Company
$5,800M Planned
Air Products Blue Hydrogen Manufacturing Complex
Air Products
$4,500M Under Construction
CF Industries Low-Carbon Ammonia Facility
CF Industries
$4,000M Under Construction
Renewable Energy Group (REG) Biorefinery Expansion
Renewable Energy Group Inc.
$825M Completed
Capchem USA Lithium-ion Battery Materials Plant
Capchem USA
$350M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +7.1% 94 percentile
Population Growth +1.3% 79 percentile
Income Growth +8.8% 56 percentile
Vacancy Rate 1.3% 30 percentile
Home Price Change +0.4% 36 percentile
Rent Growth +1.6% 28 percentile
Price/Rent 11x 77 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Ascension Parish, LA a good place to move to?

Ascension Parish has a Boom Town Index score of 34/100, ranking #655 among 996 U.S. counties. With job growth at +3.3% and a median household income of $93,800, it faces some economic headwinds compared to faster-growing counties.

Is Ascension Parish affordable?

The median home value in Ascension Parish is $255,600 with median rent at $1,230/month. The income-to-home-value ratio is 0.367, which is more affordable than the national average.

Is Ascension Parish growing or shrinking?

Population growth: +1.3% year-over-year. Job growth: +3.3%. Home values changed +0.4% in the past 12 months.

Are people moving to Ascension Parish?

Yes — 3.7% of Ascension Parish's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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