New Iberia, Louisiana
Moving to or Living in New Iberia Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In New Iberia, Louisiana
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Explore the life in New Iberia based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About New Iberia, Louisiana
Is New Iberia, Louisiana a good place to live?
New Iberia is a city in Louisiana state in USA with a population of 28965 residents..
The poverty rate of New Iberia is 26.3%, which is 88% higher than national average.
The typical household in New Iberia earns $43938 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 54.8% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in New Iberia are struggling financially. Nearly one in every 1 in every 9 workers in New Iberia 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 New Iberia, only 82% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Iberia remained 10.7%, which is 128% higher than national rate. Nearly 2 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 New Iberia, only 20% of adults have a bachelor's degree and 22% have some college but no degree.
Cost of living in New Iberia is 87, which is 13% lower than national average. Median home value in New Iberia is $116200 , which is 49% lower than national average. While median income in New Iberia remained $43938, which is 35% lower than national average.
A high school education is a basic prerequisite for most jobs, and in New Iberia, only 82% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Iberia remained 10.7%, which is 128% higher than national rate. Nearly 2 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 New Iberia, only 20% of adults have a bachelor's degree and 22% have some college but no degree.
Cost of living in New Iberia is 87, which is 13% lower than national average. Median home value in New Iberia is $116200 , which is 49% lower than national average. While median income in New Iberia remained $43938, which is 35% lower than national average.
Population
28965
Unemployment
10.7%
Poverty
26.3%
Overall Score
5
Median Home
$116200
49%
NAT AVG.
Median Income
$43938
35%
NAT AVG.
Median Rent
$794
32%
NAT AVG.
Cost Of Living
87
13%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 9
People Earning < $10,000
1 in 9
People Earning < $50,000
54.8%
People with <= High School
1 in 1.7
People With Any Degree
1 in 3.8
Pros & Cons Overview
Jobs40%
Housing60%
Affordability70%
Safety90%
Amenities90%
Diversity90%
Education50%
Commute80%
Cost of Living
| Expense | New Iberia | Louisiana | National Avg. |
|---|---|---|---|
| Services | 99 | 98 | 100 |
| Groceries | 103 | 97 | 100 |
| Health | 93 | 97 | 100 |
| Housing | 63 | 83 | 100 |
| Transportation | 101 | 93 | 100 |
| Utilities | 89 | 86 | 100 |
Cost of Living
Gender
| Gender | New Iberia | Louisiana | Country |
|---|---|---|---|
| Female | 52% | 51.2% | 50.8% |
| Male | 48% | 48.8% | 49.2% |
Gender
Household Income
| Income | New Iberia | Louisiana | Country |
|---|---|---|---|
| Less than $10,000 | 11% | 8.9% | 5.8% |
| $10,000 to $14,999 | 7.8% | 5.5% | 4.1% |
| $15,000 to $24,999 | 12.3% | 12.2% | 8.5% |
| $25,000 to $34,999 | 10.3% | 10.2% | 8.6% |
| $35,000 to $49,999 | 13.4% | 12.5% | 12.0% |
| $50,000 to $74,999 | 19.2% | 16.3% | 17.2% |
| $75,000 to $99,999 | 8.5% | 11.4% | 12.8% |
| $100,000 to $149,999 | 13.9% | 13% | 15.6% |
| $150,000 to $199,999 | 1.5% | 5.3% | 7.1% |
| $200,000 or more | 2.1% | 4.7% | 8.3% |
Education
| Education | New Iberia | Louisiana | Country |
|---|---|---|---|
| < 9th Grade | 7% | 5% | 5.0% |
| 9-12th Grade | 11% | 9% | 7.0% |
| High School or GED | 40% | 33% | 27.0% |
| Other College | 16% | 21% | 20.0% |
| Associate's Degree | 6% | 7% | 9% |
| Bachelor's Degree | 14% | 16% | 20.0% |
| Master's Degree | 5% | 6% | 9.0% |
| Professional Degree | 1% | 2% | 2.0% |
| Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | New Iberia | Louisiana | Country |
|---|---|---|---|
| White | 50.3% | 58.3% | 60.1% |
| African American | 41.1% | 31.9% | 12.2% |
| American Indian | 0.2% | 0.5% | 0.6% |
| Asian | 0.9% | 1.7% | 5.6% |
| Hawaiian | 0% | 0% | 0.2% |
| Other | 0% | 0.3% | 0.3% |
| Multiracial | 3.1% | 2% | 2.8% |
| Hispanic | 4.4% | 5.2% | 18.2% |