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Ouachita Parish, LA

District A

RANK #387 / 996 NAT  ·  #11 / 21 LA  ·  POP 159,585

1YR FORECAST: +2.4%

5YR OUTLOOK: +26%

Ouachita Parish's housing market is projected to grow +2.4% over the next year, tracking near the national average.

[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] Top Employers

  1. 1
    Healthcare & Social Assistance Healthcare
    10,000+
  2. 2
    Retail Trade Retail
    5,000+
  3. 3
    Educational Services Education
  4. 4
    Government Government
    2,500+
  5. 5
    Entergy Energy
  6. 6
    Graphic Packaging International, Inc. Manufacturing
  7. 7
    Advancion Corporation Manufacturing
  8. 8
    Gulf South Pipeline Energy
  9. 9
    Atmos Energy Energy
  10. 10
    Kinder Morgan Energy

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
25.8%
of residents (national avg: 33%)

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] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
15.2
per 100K · nat avg 6.3
Firearm Fatalities
26.0
per 100K · nat avg 14.8
Injury Deaths
116.9
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
37.0
Good
Good Air Days
85%
910 of 1,066 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
35
2022
38
2023
38
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 61/100, Ouachita Parish sits in the upper half of all 996 ranked counties. and median household income stands at $49,261 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in LA.

Is Ouachita Parish affordable?

Housing in Ouachita Parish is roughly in line with national affordability norms. The median home costs $172,800 and the income-to-home-value ratio sits at 0.29, with rents averaging $886/month. Not a bargain, but not a stretch for most local earners either.

Is Ouachita Parish growing or shrinking?

Population and employment in Ouachita Parish are both close to flat — population -0.4% YoY and jobs +0.2%. Home values shifted -2.1% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are many people relocating to Ouachita Parish?

Not particularly — 2.0% of Ouachita Parish's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

Tangipahoa Parish, LA 62 Bossier Parish, LA 56 St. Martin Parish, LA 67 St. Charles Parish, LA 67 Ascension Parish, LA 50 Lafayette Parish, LA 73 Wicomico County, MD 61 Saratoga County, NY 61