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Minorca, LA Profile: Facts & Data

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Minorca, Louisiana - Basic Facts

The Minorca Census Designated Place had a population of 2,308 as of July 1, 2020.

The primary coordinate point for Minorca is located at latitude 31.5793 and longitude -91.4818 in Concordia Parish. The formal boundaries for the Minorca Census Designated Place encompass a land area of 4.47 sq. miles and a water area of 0.06 sq. miles. Concordia Parish is in the Central time zone (GMT -6). The elevation is 62 feet.

The Minorca Census Designated Place (GNIS ID: 2586695) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Minorca Census Designated Place is located within Parish Governing Authority District 3, a minor civil division (MCD) of Concordia Parish.


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Minorca, LA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,308 (100%)
Population in Households 2,274 (98.5%)
Population in Families 1,934 (83.8%)
Population in Group Quarters1 34 ( 1.5%)
Population Density 517
Diversity Index2 45
 
 

INCOME

Median Household Income $49,428
Average Household Income $53,798
% of Income for Mortgage4 7%
Per Capita Income $19,406
Wealth Index5 41
 

HOUSING

Total HU (Housing Units) 905 (100%)
Owner Occupied HU 553 (61.1%)
Renter Occupied HU 278 (30.7%)
Vacant Housing Units 74 ( 8.2%)
Median Home Value $79,905
Average Home Value $117,405
Housing Affordability Index3 350
 

HOUSEHOLDS

Total Households 831
Average Household Size 2.74
Family Households 598
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population -0.04% -0.48%
Households 0.05% -0.41%
Families -0.07% -0.54%
Median Household Income   1.2%
Per Capita Income   2.33%
Owner Occupied HU   -0.25%

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Minorca, LA - Peer Comparisons by Rank and Percentile

The table below compares Minorca to the other 474 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 189 60th
Population Density # 257 46th
Median Household Income # 149 69th
Housing Affordability Index # 458 97th
Per Capita Income # 335 30th
Diversity Index # 256 46th

Additional comparisons and rankings can be made with a VERY EASY TO USE Louisiana Census Data Comparison Tool.

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