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POPULATION
Terrebonne Parish's population and income levels have consistently shown a positive increase over the last few years since more and more people are choosing to live and work in the area. According to statistical models, Terrebonne Parish will grow by 3% within the next five years.
The following age distribution chart provides insight into the percentages of the population represented by defined age groups. Those aged 25-54 represent 41.5% of Terrebonne Parish's population.
Terrebonne Parish is further broken down by race and ethnicity:
HOUSEHOLDS
The number of households in Terrebonne Parish has followed a positive population trend and shows no signs of stopping soon.
The value of homes in the area has increased noticeably since 2007.
Both the number of owner and renter occupied units has increased since 2000, while the number of vacancies has decreased.
With Terrebonne Parish's rapid business and industry growth, Houma's apartment vacancy rates are some of the lowest in history. As of July 2009, Terrebonne Parish has an apartment occupancy rate of 92%. With such a low vacancy rate, apartment complexes are in short supply. As more and more jobs become available, the demand for apartment complexes, townhomes, and affordable housing will rise as well.
For more information on housing or for assistance with relocating to Terrebonne Parish, please call the Terrebonne Apartment Association at 985-876-4830.
INCOME
The average household income indicates how much money each household in Terrebonne Parish has to spend on necessities and disposables.
Household income trends provide a sketch of Terrebonne Parish's varying financial backgrounds.
Terrebonne Parish is uniquely situated and seated as the central retail hub of the regional statistical area, comprised of Assumption, Lafourche, St. Mary, and Terrebonne Parishes. Houma, Terrebonne Parish's largest city, is the name most often mentioned in the region for shopping, recreation, nightlife, and general commerce.
POPULATION
With many booming industries in the area, the regional statistical area has seen a large increase in population.
HOUSEHOLDS
The many booming number of households has also increased due to the growing population.
INCOME
Average household income represents the typical family's earnings.
Per capita income represents earnings per person.
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