Parks, LA Profile: Facts & Data

The primary coordinate point for Parks is located at latitude 30.2144 and longitude -91.8321 in St. Martin Parish. The formal boundaries for the Village of Parks encompass a land area of 0.84 sq. miles and a water area of 0.04 sq. miles. St. Martin Parish is in the Central time zone (GMT -6). The elevation is 26 feet.

The Village of Parks (GNIS ID: 2407520) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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

POPULATION
Total Population	658 (100%)
Population in Households	658 (100.0%)
Population in Families	578 (87.8%)
Population in Group Quarters¹	0
Population Density	779
Diversity Index²	43


INCOME
Median Household Income	$64,890
Average Household Income	$91,811
% of Income for Mortgage⁴	12%
Per Capita Income	$32,925
Wealth Index⁵	121

HOUSING
Total HU (Housing Units)	287 (100%)
Owner Occupied HU	213 (74.2%)
Renter Occupied HU	42 (14.6%)
Vacant Housing Units	32 (11.1%)
Median Home Value	$178,191
Average Home Value	$235,329
Housing Affordability Index³	236

HOUSEHOLDS
Total Households	255
Average Household Size	2.58
Family Households	194
Average Family Size	3

NOTES

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.
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.
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.
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).
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.

Parks, LA - Peer Comparisons by Rank and Percentile

The table below compares Parks 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.04%	0.03%
Households	0.04%	0.0%
Families	0.31%	0.0%
Median Household Income		-0.1%
Per Capita Income		-0.54%
Owner Occupied HU		-0.09%

Variable Description	Rank	Percentile
Total Population	# 349	27th
Population Density	# 191	60th
Median Household Income	# 45	91st
Housing Affordability Index	# 321	68th
Per Capita Income	# 45	91st
Diversity Index	# 283	41st

Parks, LA Profile: Facts & Data

Parks, Louisiana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Parks, LA - Peer Comparisons by Rank and Percentile

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