Ville Platte is a city in Louisiana state in USA with a population of 7117 residents.. The poverty rate of Ville Platte is 42.5%, which is 204% higher than national average. The typical household in Ville Platte earns $20147 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 82.8% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Ville Platte are struggling financially. Nearly one in every 1 in every 4 workers in Ville Platte 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 Ville Platte, only 69% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ville Platte remained 22.6%, which is 381% higher than national rate. Nearly 5 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 Ville Platte, only 7% of adults have a bachelor's degree and 18% have some college but no degree.

Cost of living in Ville Platte is 82, which is 18% lower than national average. Median home value in Ville Platte is $67300 , which is 71% lower than national average. While median income in Ville Platte remained $20147, which is 70% lower than national average.