80 / 100

Terrebonne Parish, LA

RANK #202 / 1001 NAT  ·  #5 / 21 LA  ·  POP 106,186

1YR FORECAST: -1.2%

5YR OUTLOOK: +33%

Our model projects Terrebonne Parish's housing market to grow -1.2% over the next year, significantly outpacing the national average.

[01] Why Terrebonne Parish?

Terrebonne Parish, Louisiana, often called "Louisiana's Bayou Country," is known for its rich Cajun culture and extensive waterways. Houma, the parish seat, sits less than an hour southwest of New Orleans, offering a blend of small-town atmosphere with access to a major metropolitan area. The parish's landscape features bayous, swamps, and salt marshes, providing opportunities for fishing, boating, and eco-tourism. The Southdown Trail System in Houma offers trails for hikers and bikers. Good Earth Transit provides fixed-route bus services throughout the parish, and Amtrak's Sunset Limited line stops in Schriever, connecting residents to cities like New Orleans and Houston.

Life in Terrebonne Parish is characterized by a strong sense of community and a connection to its natural surroundings. The Terrebonne Parish Public School District serves over 15,000 students across 32 schools. The local economy, historically rooted in fishing, sugarcane, and oil and gas, is diversifying. Recent economic developments include investments in advanced manufacturing and medical technology, aiming to create new jobs and expand the region's economic base. The parish also focuses on coastal restoration efforts, including a hurricane protection system, to safeguard its environment and communities.

MARKET PROFILE

Idiosyncratic Markets

Terrebonne Parish's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -6.7% YoY, population -1.1%, wages +3.1%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
6.5x

Below national median (11.3x)

Home Prices
-6.7%

Prices declining

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
12x

Below national median (15x)

Housing is fairly valued at 6.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Terrebonne General Health System Healthcare
    1,000+
  2. 2
    Terrebonne Parish School District Education
  3. 3
    C Port Energy
  4. 4
    Chet Morrison Contractors Other
  5. 5
    Danos Energy
    500+
  6. 6
    Helix Alliance Energy
  7. 7
    Terrebonne Parish Consolidated Government Government
  8. 8
    Walmart Retail
  9. 9
    Ochsner Health System/Chabert Medical Center Healthcare
  10. 10
    LaShip Manufacturing

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

[04] Home Value Growth vs National

Terrebonne 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
106,186
-1.1% YoY
Median Household Income
$64,836
Median Home Value
$187,200
-6.72% 12mo
Median Rent
$1,065
Average Annual Pay
$64,272
+3.1% YoY
Employment
47,831
-0.1% YoY
Income-to-Home-Value
0.3463
More affordable than average
Migration Inflow
2.17%
of pop. from another state
Bachelor's Degree+
18.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$218,000
Days on Market
75
Slower market
Months of Supply
4.3
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
14.9%
Listings w/ Price Drops
27.1%
Building Permits (2025)
247
Single-Family Permits
247

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
11.0
per 100K · nat avg 6.3
Firearm Fatalities
17.4
per 100K · nat avg 14.8
Injury Deaths
107.2
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)
38.3
Good
Good Air Days
74%
256 of 346 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
34
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

$399M
TOTAL
PROJECT AMOUNT STATUS
Terrebonne Basin Barrier Island and Beach Nourishment Project (TE-0143)
Louisiana Coastal Protection and Restoration Authority (CPRA)
$160M Under Construction
BrainHUB Innovation Campus
Neuro.io (powered by MindMaze AI)
$100M Planned
Morganza to the Gulf Project (Levee Construction/Improvement)
Terrebonne Parish Consolidated Government
$100M Under Construction
The Oaks by the Bayou (Affordable Housing)
Renaissance Neighborhood Development Corporation, Volunteers of America (VOA)-MSW Development LLC
$39M Under Construction

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

[08] Score Breakdown

Population Growth -1.1% 1 percentile
Income Growth +0.0% 7 percentile
Vacancy Rate 0.6% 82 percentile
Home Price Change -6.7% 1 percentile
Rent Growth +5.5% 82 percentile
Price/Rent 12x 87 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Terrebonne Parish ranks #202 out of 1001 U.S. counties on the Boom Town Index with a score of 80/100, placing it in the top tier nationally. Median household income is $64,836 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Terrebonne Parish affordable?

Housing in Terrebonne Parish is roughly in line with national affordability norms. The median home costs $187,200 and the income-to-home-value ratio sits at 0.35, with rents averaging $1,065/month. Not a bargain, but not a stretch for most local earners either.

Is Terrebonne Parish growing or shrinking?

Terrebonne Parish is losing population (-1.1% YoY) while the job market is essentially flat (-0.1% employment change). Home values are -6.7% 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 Terrebonne Parish?

There's a moderate stream of newcomers. About 2.17% of residents moved from another state, which is above average and suggests Terrebonne Parish has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

Is the housing market declining in Terrebonne Parish?

Home values fell -6.7% over the past year in Terrebonne Parish, bringing the median down to $187,200. A drop of that magnitude usually reflects weakening demand or population outflow — worth watching if you're considering buying here.

[10] Similar Counties by Size & Score

St. Landry Parish, LA 78 Ouachita Parish, LA 76 Calcasieu Parish, LA 85 Caddo Parish, LA 73 St. Martin Parish, LA 73 Bossier Parish, LA 69 Burleigh County, ND 80 Craighead County, AR 80