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Vermilion Parish, LA

RANK #80 / 1001 NAT  ·  #3 / 21 LA  ·  POP 57,123

1YR FORECAST: -0.8%

5YR OUTLOOK: +37%

Our model projects Vermilion Parish's housing market to grow -0.8% 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.

MARKET PROFILE

Idiosyncratic Markets

Vermilion Parish's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.0% YoY, population +0.2%, wages +2.5%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
14.6x

Overvalued relative to economy

Home Prices
+1.0%

Below national median

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 14.6x — home prices are high 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

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
57,123
+0.16% YoY
Median Household Income
$55,707
Median Home Value
$163,300
+1.0% 12mo
Median Rent
$848
Average Annual Pay
$49,413
+2.5% YoY
Employment
12,963
+3.2% YoY
Income-to-Home-Value
0.3411
More affordable than average
Migration Inflow
2.95%
of pop. from another state
Bachelor's Degree+
17.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$200,000
Days on Market
54
Moderate pace
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
17.1%
Listings w/ Price Drops
26.7%
Building Permits (2025)
254
Single-Family Permits
254

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

Population Growth +0.2% 29 percentile
Vacancy Rate 1.0% 48 percentile
Home Price Change +1.0% 38 percentile
Price/Rent 16x 42 percentile

Bars show percentile rank among all 1001 counties.

[07] Frequently Asked Questions

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

Vermilion Parish ranks #80 out of 1001 U.S. counties on the Boom Town Index with a score of 92/100, putting it in the top tier nationally. Job growth of +3.2% and a median household income of $55,707 point to a county with active economic momentum.

Is Vermilion Parish affordable?

Housing in Vermilion Parish is roughly in line with national affordability norms. The median home costs $163,300 and the income-to-home-value ratio sits at 0.34, with rents averaging $848/month. Not a bargain, but not a stretch for most local earners either.

Is Vermilion Parish growing or shrinking?

Employers in Vermilion Parish are hiring — job growth of +3.2% — but the population is close to flat (+0.2% YoY). Home values moved +1.0% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Vermilion Parish?

There's a moderate stream of newcomers. About 2.95% 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 93 Iberia Parish, LA 95 Calcasieu Parish, LA 85 Terrebonne Parish, LA 80 St. Landry Parish, LA 78 Ouachita Parish, LA 76 Oxford County, ME 92 Madison County, NY 92