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Vermilion Parish, LA

District 1

RANK #62 / 996 NAT  ·  #1 / 21 LA  ·  POP 57,202

1YR FORECAST: +1.9%

5YR OUTLOOK: +38%

#24 Highest GDP Growth
Our model projects Vermilion Parish's housing market to grow +1.9% over the next year, significantly outpacing the national average.

[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] Top Employers

  1. 1
    Vermilion Parish School Board Education
    1,000+
  2. 2
    Abbeville General Hospital Healthcare
    250+
  3. 3
    Garan, Inc. Manufacturing
  4. 4
    Vermilion Parish Police Jury Government
    100+
  5. 5
    Robie's Food Store Retail
  6. 6
    Riviana Foods Manufacturing
  7. 7
    Walmart Retail

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

[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
Bachelor's Degree+
18.7%
of residents (national avg: 33%)

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 →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.1
per 100K · nat avg 6.3
Firearm Fatalities
17.8
per 100K · nat avg 14.8
Injury Deaths
80.9
per 100K · nat avg 76.3
vs National Average
Near 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] 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 ranks #62 out of 996 U.S. counties on the Boom Town Index with a score of 94/100, putting it in the top tier nationally. Job growth of +1.7% and a median household income of $56,194 point to a county with active economic momentum.

Is Vermilion Parish affordable?

By national standards, Vermilion Parish is quite affordable. Homes here have a median value of $154,000, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $745/month. Residents can generally buy a home without being cost-burdened.

Is Vermilion Parish growing or shrinking?

It's a mixed picture in Vermilion Parish. The population is declining (-1.0% YoY), but employers are actually hiring — job growth is at +1.7%. Home values moved -0.9% in the last year. That tension between shrinking population and expanding employment often signals a county in transition.

Are people moving to Vermilion Parish?

There's a moderate stream of newcomers. About 2.67% of residents moved from another state, which is above average and suggests Vermilion Parish has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Acadia Parish, LA 91 Calcasieu Parish, LA 90 Iberia Parish, LA 87 Rapides Parish, LA 82 Livingston Parish, LA 78 Lafayette Parish, LA 73 Genesee County, NY 94 Sandusky County, OH 94