Is Rayne, Louisiana a Good Place To Live? - Living In Rayne, LA

Is Rayne, Louisiana a good place to live?
Rayne is a city in Louisiana state in USA with a population of 8062 residents.. The poverty rate of Rayne is 33.7%, which is 141% higher than national average. The typical household in Rayne earns $35616 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Rayne, only 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rayne remained 7%, which is 49% higher than national rate. Nearly 1 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 Rayne, only 10% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Rayne is 83, which is 17% lower than national average. Median home value in Rayne is $129300 , which is 44% lower than national average. While median income in Rayne remained $35616, which is 47% lower than national average.
Population
8062
Unemployment
7%
49% NAT AVG.
Poverty
33.7%
141% NAT AVG.
Overall Score
5
Median Home Cost
$129300
44% NAT AVG.
Median Income
$35616
47% NAT AVG.
Median Rent
$664
43% NAT AVG.
Cost Of Living
83
17% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 14
People Earning < $10,000
1 in 10
People Earning < $50,000
66.8%
People with <= High School
1 in 1.5
People With Any Degree
1 in 6.7
Pros & Cons Overview

Jobs40%

Housing50%

Affordability50%

Safety85%

Amenities85%

Diversity90%

Education40%

Commute70%