RANK #939 / 996 · POP 69,958 · LA
PROJECTED GROWTH: -2.4%
Iberia Parish, Louisiana, is known as the birthplace of Tabasco sauce, with the famous factory located on Avery Island. The parish seat, New Iberia, sits on the Bayou Teche, approximately 21 miles southeast of Lafayette. This area, part of the Acadiana region, offers a community feel with a blend of historic architecture and natural scenery. Outdoor recreation opportunities are abundant, with access to the Atchafalaya Basin and the Gulf of Mexico, providing options for fishing, boating, birdwatching, and hiking in places like Lake Fausse Pointe State Park and Cypremort Point State Park.
Life in Iberia Parish often involves a commute, with the average travel time to work being around 25 minutes. The public school system serves the entire parish and is considered above average. The local economy is supported by a workforce engaged in sectors such as energy, manufacturing, and agriculture, particularly sugar cane cultivation. Recent economic developments include investments in infrastructure and expansions in manufacturing, contributing to job creation.
Prices declining
Moderate climate & terrain
Housing looks undervalued at 3.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.
Source: Redfin · Census BPS — Browse sales on Redfin →
| PROJECT | AMOUNT | STATUS |
|---|---|---|
|
First Solar Manufacturing Facility
First Solar, Inc.
|
$1,100M | Operating |
|
Morbihan Battery Energy Storage System
Undisclosed (subsidiary of NextEra Energy Resources, LLC)
|
$120M | Planned |
|
Hangar Drive Reconstruction and Extension
Iberia Parish Government
|
$50M | Under Construction |
|
Iberia BioInnovation Accelerator & NIRC Expansion
University of Louisiana at Lafayette
|
$47M | Planned |
Source: public records, news, corporate announcements. Amounts are estimates where noted.
Bars show percentile rank among all 996 counties.
Iberia Parish has a Boom Town Index score of 6/100, ranking #939 among 996 U.S. counties. With job growth at +1.7% and a median household income of $55,190, it faces some economic headwinds compared to faster-growing counties.
The median home value in Iberia Parish is $152,400 with median rent at $846/month. The income-to-home-value ratio is 0.3621, which is more affordable than the national average.
Population growth: -0.8% year-over-year. Job growth: +1.7%. Home values changed -3.4% in the past 12 months.
Yes — 2.18% of Iberia Parish's population moved from another state, which is above the national average and indicates strong in-migration.