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Rapides Parish, LA

RANK #855 / 1001 NAT  ·  #19 / 21 LA  ·  POP 127,527

1YR FORECAST: -1.4%

5YR OUTLOOK: +22%

Our model projects Rapides Parish's housing market at -1.4% over the next year, underperforming most U.S. counties.

[01] Why Rapides Parish?

Rapides Parish, Louisiana, is often recognized for its central location within the state, where the cultural influences of Anglo-Saxon North Louisiana meet the Cajun and Creole traditions of the south. Alexandria, the parish seat, sits on the Red River, a focal point for both history and recreation. The parish is home to a significant portion of Kisatchie National Forest, offering extensive outdoor recreation with over 100 miles of trails for hiking, biking, and horseback riding, alongside opportunities for fishing and camping. Commuting within the parish, particularly between Alexandria and Pineville, is generally manageable, though most residents rely on personal vehicles. Public transit is available in Alexandria and Pineville, offering fixed routes and paratransit services.

Life in Rapides Parish blends small-town charm with access to amenities. The community is characterized by a mix of families and long-time residents, with public schools generally performing above the state average. The economy is diversifying, moving beyond traditional agriculture and forestry. Recent developments indicate growth in manufacturing, particularly in electrical substation components, and the parish is positioning itself to attract investments in data centers and renewable energy, with projects focused on green methanol production. These initiatives are creating new job opportunities and contributing to the economic landscape of the area.

MARKET PROFILE

Idiosyncratic Markets

Rapides Parish's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -1.8% YoY, population -0.7%, wages +3.6%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
7.6x

Overvalued relative to economy

Home Prices
-1.8%

Prices declining

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 7.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Fort Polk/JRTC Military
    10,000+
  2. 2
    Rapides Parish School Board Education
    2,500+
  3. 3
    CHRISTUS Cabrini Hospital Healthcare
    1,000+
  4. 4
    Rapides Regional Medical Center Healthcare
  5. 5
    CLECO Corporation Energy
  6. 6
    Veterans Affairs Medical Center Healthcare
  7. 7
    Walmart/Sam's (Alexandria/Pineville) Retail
    500+
  8. 8
    City of Alexandria Government
  9. 9
    Northwestern State University Education
  10. 10
    Camp Beauregard Military

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

[04] Home Value Growth vs National

Rapides Parish U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
127,527
-0.73% YoY
Median Household Income
$54,967
Median Home Value
$181,100
-1.75% 12mo
Median Rent
$950
Average Annual Pay
$53,649
+3.6% YoY
Employment
56,813
+0.7% YoY
Income-to-Home-Value
0.3035
More affordable than average
Migration Inflow
2.77%
of pop. from another state
Bachelor's Degree+
23.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$232,500
Days on Market
26
Active market
Months of Supply
2.7
Seller's market
Sale-to-List Ratio
96.1%
Negotiation room for buyers
Sold Above List
11.0%
Listings w/ Price Drops
33.9%
Building Permits (2025)
241
Single-Family Permits
217

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

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
16.2
per 100K · nat avg 6.3
Firearm Fatalities
25.0
per 100K · nat avg 14.8
Injury Deaths
128.4
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)
39.7
Good
Good Air Days
71%
255 of 360 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
38
2022
38
2023
43
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

$2,947M
TOTAL
PROJECT AMOUNT STATUS
Beaver Lake Renewable Energy (BLRE) Green Methanol Production Facility
SunGas Renewables
$1,800M Proposed
Project Lightning (Data Center Campus)
Applied Digital Corporation
$1,000M Under Construction
Fabric Care Product Manufacturing Facility Expansion
Procter & Gamble
$97M Planned
Amazon Last-Mile Facility
Amazon
$50M Under Construction

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

[08] Score Breakdown

Population Growth -0.7% 3 percentile
Income Growth -1.8% 1 percentile
Vacancy Rate 1.6% 16 percentile
Home Price Change -1.8% 13 percentile
Rent Growth -1.5% 4 percentile
Price/Rent 14x 70 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

The data is not encouraging — Rapides Parish scores just 14/100 on the Boom Town Index, ranking #855 of 1001 counties. Job growth at +0.7% and median household income of $54,967 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Rapides Parish affordable?

Housing in Rapides Parish is roughly in line with national affordability norms. The median home costs $181,100 and the income-to-home-value ratio sits at 0.30, with rents averaging $950/month. Not a bargain, but not a stretch for most local earners either.

Is Rapides Parish growing or shrinking?

Rapides Parish is losing population (-0.7% YoY) while the job market is essentially flat (+0.7% employment change). Home values are -1.8% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are people moving to Rapides Parish?

There's a moderate stream of newcomers. About 2.77% of residents moved from another state, which is above average and suggests Rapides Parish has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Orleans Parish, LA 6 St. Charles Parish, LA 3 East Baton Rouge Parish, LA 27 Ascension Parish, LA 35 Jefferson Parish, LA 41 St. Tammany Parish, LA 41 Black Hawk County, IA 14 Roanoke city, VA 14