Raceland is a city in Louisiana state in USA with a population of 10835 residents.. The poverty rate of Raceland is 20.7%, which is 48% higher than national average. The typical household in Raceland earns $38450 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.7% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Raceland are struggling financially. Nearly one in every 1 in every 8 workers in Raceland is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Raceland, only 72% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Raceland remained 11.8%, which is 151% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Raceland, only 12% of adults have a bachelor's degree and 18% have some college but no degree.

Cost of living in Raceland is 90, which is 10% lower than national average. Median home value in Raceland is $131300 , which is 43% lower than national average. While median income in Raceland remained $38450, which is 43% lower than national average.