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Vermilion Parish, LA

RANK #621 / 996  ·  POP 57,202  ·  LA

PROJECTED GROWTH: +0.3%

Vermilion Parish shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Vermilion Parish?

Vermilion Parish, Louisiana, often called "The Most Cajun Place on Earth," is defined by its rich Acadian heritage and coastal landscape. Abbeville, the parish seat, features Magdalen Square with its gazebo and the historic St. Mary Magdalen Church, reflecting the town's French village origins. Located south of Lafayette, the parish offers a slower pace of life with scenic drives through farmlands and bayous. Outdoor recreation includes Palmetto Island State Park, providing opportunities for fishing, boating, canoeing, and kayaking on the Vermilion River, and birding trails like the White Lake Birding and Nature Trail. Life in Vermilion Parish is characterized by a strong sense of community and a connection to its agricultural and fishing roots. Many residents own their homes, and public schools in the Vermilion Parish School System are highly rated. The economy, historically tied to oil and gas, is now seeking diversification. Recent efforts include workforce development, support for small businesses, and promoting tourism, particularly around its unique Cajun culture and festivals like Abbeville's Giant Omelette Celebration.

[02] Market Snapshot

Housing Ratio
5.8x

Above national median (4.7x)

GDP Growth
+9.3%

Well above national median

Home Prices
-0.9%

Prices declining

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
17x

Above national median (13x)

Housing is fairly valued at 5.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Vermilion Parish U.S. National

The Numbers

DEMOGRAPHICS
Population
57,202
-0.99% YoY
Median Household Income
$56,194
Median Home Value
$154,000
-0.87% 12mo
Median Rent
$745
Average Annual Pay
$48,191
+0.3% YoY
Employment
12,560
+1.7% YoY
Income-to-Home-Value
0.3649
More affordable than average
Migration Inflow
2.67%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$233,417
Days on Market
158
Slower market
Months of Supply
4.3
Balanced market
Sale-to-List Ratio
95.6%
Negotiation room for buyers
Sold Above List
14.7%
Listings w/ Price Drops
24.8%
Building Permits (2024)
228
Single-Family Permits
228

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

[06] Score Breakdown

GDP Growth +9.3% 98 percentile
Population Growth -1.0% 3 percentile
Vacancy Rate 1.0% 54 percentile
Home Price Change -0.9% 22 percentile
Price/Rent 17x 18 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Vermilion Parish has a Boom Town Index score of 38/100, ranking #621 among 996 U.S. counties. With job growth at +1.7% and a median household income of $56,194, it faces some economic headwinds compared to faster-growing counties.

Is Vermilion Parish affordable?

The median home value in Vermilion Parish is $154,000 with median rent at $745/month. The income-to-home-value ratio is 0.3649, which is more affordable than the national average.

Is Vermilion Parish growing or shrinking?

Population growth: -1.0% year-over-year. Job growth: +1.7%. Home values changed -0.9% in the past 12 months.

Are people moving to Vermilion Parish?

Yes — 2.67% of Vermilion Parish's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

McMinn County, TN 48 Montgomery County, VA 48 Bullitt County, KY 48 Cumberland County, NC 48 Licking County, OH 48 Walker County, GA 48 Monroe County, IN 48 Darlington County, SC 48