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Raceland, LA Profile: Facts & Data

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Raceland, Louisiana - Basic Facts

The Raceland Census Designated Place had a population of 10,518 as of July 1, 2020.

The primary coordinate point for Raceland is located at latitude 29.7274 and longitude -90.599 in Lafourche Parish. The formal boundaries for the Raceland Census Designated Place encompass a land area of 21.57 sq. miles and a water area of 0.05 sq. miles. Lafourche Parish is in the Central time zone (GMT -6). The elevation is 13 feet.

The Raceland Census Designated Place (GNIS ID: 2403457) 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 Raceland Census Designated Place is located within Parish Governing Authority District 5, a minor civil division (MCD) of Lafourche Parish.


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

POPULATION

Total Population 10,518 (100%)
Population in Households 10,415 (99.0%)
Population in Families 8,757 (83.3%)
Population in Group Quarters1 103 ( 1.0%)
Population Density 488
Diversity Index2 51
 
 

INCOME

Median Household Income $41,999
Average Household Income $64,347
% of Income for Mortgage4 14%
Per Capita Income $23,980
Wealth Index5 62
 

HOUSING

Total HU (Housing Units) 4,339 (100%)
Owner Occupied HU 2,954 (68.1%)
Renter Occupied HU 1,000 (23.0%)
Vacant Housing Units 385 ( 8.9%)
Median Home Value $139,906
Average Home Value $155,579
Housing Affordability Index3 181
 

HOUSEHOLDS

Total Households 3,954
Average Household Size 2.63
Family Households 2,853
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 0.31% 0.21%
Households 0.47% 0.32%
Families 0.27% 0.17%
Median Household Income   0.73%
Per Capita Income   1.49%
Owner Occupied HU   0.24%

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Raceland, LA - Peer Comparisons by Rank and Percentile

The table below compares Raceland 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 # 57 88th
Population Density # 268 44th
Median Household Income # 221 54th
Housing Affordability Index # 152 32nd
Per Capita Income # 195 59th
Diversity Index # 196 59th

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

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