HomeLouisianaAssumption Parish
Assumption Parish, Louisiana: commercial real estate data.
Assumption Parish, Louisiana has a population of 20,484 across 339 square miles, down 4.7 percent since the 2020 census base. County output reached $734.6 m in 2024, 249 establishments operate here, and the SBA record carries 5 7(a) approvals worth $846,600.
117 sourced county values · tier FULL · 11 sections
Assumption Parish
How many people live in Assumption Parish
- Population20,484
- Households8,830
- Average household size2.32
- Median household income$51,423
- Median age42.8
- Median gross rent$810 per month
- Median owner-occupied home value$150,300
- Home value to household income2.9 times
- Annual rent as a share of median income18.9 percent
- Adults 25 and over with a bachelor degree or higher13.8 percent
- Adults 25 and over with a graduate degree4.4 percent
- Adults 25 and over14,681
- Population under 184,188
- Share under 1820.4 percent
- Population 65 and over4,167
- Share 65 and over20.3 percent
- Working age population, 18 to 6412,129
- Civilian labor force9,261
- Unemployment rate4.8 percent
- Labor force participation, adults 18 and over56.8 percent
- Rank by population among Louisiana parishes43rd of 64
- Rank by population among US county-equivalents1855th
Assumption Parish is the 43rd largest of 64 Louisiana parishes by population. A median home costs 2.9 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.4 percent against 20.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Assumption Parish
Is Assumption Parish growing
- Population change since the 2020 census base-4.72 percent
- Census 2020 base population21,044
- Births, 2024160
- Deaths, 2024239
- Natural change, 2024-79
- Net domestic migration, 2024-129
- Net international migration, 202434
- Total net migration, 2024-95
- Cumulative net domestic migration, 2021 to 2024-659
- Rank by growth among US county-equivalents2959th
The county has lost 4.72 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Assumption Parish
Where people moving to Assumption Parish come from
- Tax returns filed by households arriving388
- People arriving, from those returns731
- Adjusted gross income arriving$16.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$42,374
- Largest single originAssumption Parish Non-migrants (7,374 households)
- Largest single destination (7,374 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Assumption Parish Non-migrants | 7,374 | 15,369 | $484.0 m |
| Other flows - Same State | 103 | 181 | $4.6 m |
| Lafourche Parish | 72 | 153 | $2.7 m |
| Ascension Parish | 65 | 116 | $3.1 m |
| St. Mary Parish | 43 | 100 | $1.7 m |
| Other flows - Different State | 38 | 72 | $1.7 m |
| Other flows - South | 38 | 72 | $1.7 m |
| Terrebonne Parish | 37 | 72 | $1.3 m |
The largest single source of arrivals is Assumption Parish Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Assumption Parish
What the Assumption Parish economy runs on
- County GDP, 2024$734.6 m
- County GDP, 2023$693.5 m
- GDP change, 2023 to 20245.9 percent
- GDP change over five years48.6 percent
- Rank by GDP among Louisiana parishes49th
- Rank by GDP among US county-equivalents2096th
- GDP per resident$35,862
Output grew 5.9 percent in the latest year and 48.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Assumption Parish
Who employs people in Assumption Parish
- Covered employment, annual average3,944
- Establishments reporting332
- Average annual pay$57,400
- Average weekly wage$1,104
- Sector 31-33, employment801
- Sector 31-33, average annual pay$78,478
- Sector 23, employment525
- Sector 23, average annual pay$71,691
- Sector 44-45, employment423
- Sector 44-45, average annual pay$26,634
- Sector 48-49, employment253
- Sector 48-49, average annual pay$64,110
- Sector 52, employment114
- Sector 81, employment78
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 801 | 22 | $78,478 |
| Sector 23 | 525 | 32 | $71,691 |
| Sector 44-45 | 423 | 42 | $26,634 |
| Sector 48-49 | 253 | 33 | $64,110 |
| Sector 52 | 114 | 22 | $84,178 |
| Sector 81 | 78 | 14 | $42,216 |
| Sector 54 | 75 | 36 | $55,008 |
| Sector 53 | 14 | 6 | $40,101 |
The largest sector is the biggest private employer group at 801 jobs, 20.3 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Assumption Parish
What businesses operate in Assumption Parish
- Establishments, all industries249
- Employment at those establishments2,459
- Annual payroll$140.5 m
- Establishments per 1,000 residents12.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Assumption Parish
What is being built in Assumption Parish
- Housing units authorised by permit, 202429
- Declared construction value permitted$9.6 m
- Single family units authorised29
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$329,456
- Units authorised per 1,000 households3.3
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Assumption Parish
How much SBA lending happens in Assumption Parish
- 7(a) approvals recorded5
- 7(a) gross approval dollars$846,600
- Average 7(a) approval$169,320
- Median 7(a) approval$150,000
- 10th percentile approval$61,600
- 90th percentile approval$260,000
- Largest single approval$260,000
- Jobs reported supported, 7(a)19
- Jobs per approval3.8
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals4
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer40.0 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter3
- Franchise loans1
- Franchise share of approvals20.0 percent
- Leading industry by approval countScenic and Sightseeing Transportation, Water (2)
- Most active lenderSouth Louisiana Bank (2)
- 504 approvals recorded1
- 504 gross approval dollars$244,000
- Average 504 approval$244,000
- Median 504 approval$244,000
- Distinct CDCs active1
- 504 jobs per approval20.0
- 504 jobs per million dollars approved82.0
- Most active CDCCommunity Certified Development Corporation (1)
- 7(a) share of SBA approvals83.3 percent
- Combined SBA approval dollars$1.1 m
The average approval of $169,320 sits close to the median of $150,000, so lending here is fairly evenly sized rather than driven by a few large deals. 40.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Assumption Parish
Do SBA loans in Assumption Parish get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Cancelled1
- Status: Exempt from disclosure3
- Status: Paid in full1
Too few loans have reached a final outcome to publish a charge off rate. only 1 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Assumption Parish
Which parts of Assumption Parish get the lending
- Places in the county with recorded lending3
- MORGAN CITY, approvals2
- NAPOLEONVILLE, approvals2
- Thibodaux, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MORGAN CITY | 2 | $485,000 |
| NAPOLEONVILLE | 2 | $211,600 |
| Thibodaux | 1 | $150,000 |
MORGAN CITY accounts for 2 approvals against 2 in NAPOLEONVILLE. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Assumption Parish
How big is Assumption Parish
- Land area339 sq mi
- Rank by land area among Louisiana parishes56th of 64
- Width, east to west22.4 mi
- Height, north to south30.4 mi
- Geographies sharing a boundary8
- Residents per square mile of land60
- Establishments per square mile0.73
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Assumption Parish site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Assumption Parish site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population20,484
- Households8,830
- Average household size2.32
- Median household income$51,423
- Median age42.8
Common questions
Assumption Parish questions, answered from the record.
How many people live in Assumption Parish, Louisiana?
20,484, in 8,830 households, ranking 43rd of 64 Louisiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Assumption Parish growing?
The population has fallen 4.72 percent since the 2020 census base. In 2024 there were 160 births against 239 deaths, with net migration of -95. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Assumption Parish?
$51,423. The median owner-occupied home is valued at $150,300, which is 2.9 times income, and median gross rent is $810 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Assumption Parish?
249 establishments, employing 2,459 people with an annual payroll of $140.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Assumption Parish?
Average annual pay is $57,400, or $1,104 a week, across 3,944 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Assumption Parish?
5 7(a) approvals totalling $846,600 since FY2020, across 4 lenders, with a median approval of $150,000, plus 1 504 approvals worth $244,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Assumption Parish?
29 housing units were authorised by permit in 2024, with a declared construction value of $9.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Assumption Parish?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Assumption Parish come from?
The largest single origin is Assumption Parish Non-migrants, with 7,374 households. Arriving households report an average income of $42,374 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Assumption Parish on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Assumption Parish?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.