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Ouachita Parish, LA

RANK #318 / 996  ·  POP 159,585  ·  LA

PROJECTED GROWTH: +1.5%

Ouachita Parish combines solid growth with real affordability — a rare combination.

[01] Why Ouachita Parish?

Ouachita Parish, Louisiana, is distinguished by its natural setting along the Ouachita River, which divides the twin cities of Monroe and West Monroe. The parish is located in northeastern Louisiana, approximately 100 miles east of Shreveport and 65 miles west of Vicksburg, Mississippi. This area offers a blend of urban and rural living, with a community feel that locals often highlight. Outdoor recreation is a significant draw, with the Black Bayou Lake National Wildlife Refuge providing opportunities for birdwatching, fishing, paddling, and hiking among cypress swamps and bottomland hardwoods. The Ouachita River itself is a focal point for activities like bass fishing tournaments and various water sports.

Life in Ouachita Parish offers a balance for families and individuals, with public schools in the Ouachita Parish School System generally well-regarded. Commute options primarily involve personal vehicles, though Monroe Transit System provides fixed-route bus services within Monroe, and West Ouachita Public Transit offers services in western Ouachita Parish. The economy is experiencing new investment, particularly in infrastructure and site development to attract businesses. Efforts are underway to enhance quality of life through investments in public spaces, educational institutions, and cultural projects, alongside initiatives for workforce development that connect skilled workers with local careers.

[02] Market Snapshot

Housing Ratio
3.7x

Undervalued relative to economy

GDP Growth
+2.4%

Below national median

Home Prices
-2.1%

Prices declining

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.7x — 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

Ouachita Parish U.S. National

The Numbers

DEMOGRAPHICS
Population
159,585
-0.4% YoY
Median Household Income
$49,261
Median Home Value
$172,800
-2.12% 12mo
Median Rent
$886
Average Annual Pay
$50,059
+3.9% YoY
Employment
69,384
+0.2% YoY
Income-to-Home-Value
0.2851
More affordable than average
Migration Inflow
2.0%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$235,000
Days on Market
53
Moderate pace
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
4.8%
Listings w/ Price Drops
20.2%
Building Permits (2024)
345
Single-Family Permits
338

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

[05] Capital Investment

$199M
TOTAL
PROJECT AMOUNT STATUS
Lafitte Solar Project
RWE (with PPA from Meta)
$100M Completed
South Monroe Industrial Park (FastSites Program)
Louisiana Economic Development / Grow NELA
$50M Planned
Sterlington Solar Facility
Entergy Louisiana
$49M Planned

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

[06] Score Breakdown

GDP Growth +2.4% 45 percentile
Population Growth -0.4% 13 percentile
Income Growth +7.0% 19 percentile
Vacancy Rate 2.5% 4 percentile
Home Price Change -2.1% 14 percentile
Rent Growth +38.2% 100 percentile
Price/Rent 13x 58 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Ouachita Parish has a Boom Town Index score of 68/100, ranking #318 among 996 U.S. counties. With job growth at +0.2% and a median household income of $49,261, it's an above-average county on economic indicators.

Is Ouachita Parish affordable?

The median home value in Ouachita Parish is $172,800 with median rent at $886/month. The income-to-home-value ratio is 0.2851, which is more affordable than the national average.

Is Ouachita Parish growing or shrinking?

Population growth: -0.4% year-over-year. Job growth: +0.2%. Home values changed -2.1% in the past 12 months.

[08] Similar Metros

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