Counties / Louisiana / Iberia Parish

Iberia Parish, LA

FIPS 22045 · population 68,599 · outside every metro area

$148k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$148k
▲ 1.2% year over year
Zillow ZHVI · direct
Median asking rent
$1,322
▲ 4.5% year over year
Zillow ZORI · direct
Gross yield
10.7%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$905
market rent is 1.46x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+20.7%not annualized · through 2025
0%ZILLOW ZHVI2026-06+1.2%FHFA HPI2025+2.3%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$165k
Surveyed gross rent$897
Rent burden 30%+50.0%
Median year built1982
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
14.4%vacant
31,344estimated housing units
Occupied tenure32.8% renter
owner 67.3%renter 32.8%
Structure mix70.2% single-family
Single-family 70.2%20+ units 2.4%Mobile home 18.6%Other 8.7%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs24,459▲ 1.6% from the prior annual release
Covered establishments1,912annual average reporting locations
Average weekly wage$1,148▲ 4.2% from the prior annual release
Largest private supersectorTrade, transportation, and utilities21.0% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.6%WEEKLY WAGE+4.2%Trade, transportation, and utilities21.0%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Iberia Parish is a yield-versus-resilience diligence case: published rent relative to price is strong before expenses, yet hurricane exposure and net household outflow require scrutiny of whether property-level cash flow can hold. It suits investigators who can verify insurance and lease durability; buyers relying on county averages or uncomplicated appreciation should be cautious.

02Housing economics

Zillow’s 2026-06 county median home value was $147,837 and median asking rent was $1,322 per month. That measured market rent supports the supplied 10.73% gross yield before taxes, insurance, repairs, vacancy and financing; the effective property-tax rate was 0.36%. HUD FMR of $905 is a payment standard, not asking rent, and cannot substitute for the market-rent input. Separately, FHFA’s 2025 repeat-transaction HPI increased 2.30% year over year. It confirms positive index direction but is neither a home value nor the same vintage, method, or interval as Zillow, so the measures should not be averaged.

03Demand & competition

Realtor.com’s MLS listing-market evidence signals a slower negotiation setting: median marketing time was 78 days and 21.34% of listings had price reductions. Those are asking-market time and seller-concession measures, not closed-sale prices or stand-alone proof of buyer demand. Net migration was negative 364 tax-return households, while average AGI was higher for outbound than inbound movers, adding a demand-quality concern. QCEW annual data show covered employment and average weekly wage growth at county workplaces; Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. The record counts 63 investor purchases among 419 purchases, or 15.04%, showing participation rather than property-type-specific competition.

04Risk & next checks

The modeled annual climate-loss ratio is 0.45% of building value, consistent with hurricane as the dominant hazard but not an insurance quote or parcel-level loss estimate. Parcel flood and wind zones, elevation, replacement cost, deductibles, current premiums, lease collections, vacancy, condition, and closed-sale comps are not published in the record; their absence prevents an all-in cash-flow or exit-price conclusion. Next checks should match each address to those exposures, verify achievable rent and concessions, and compare current tax and insurance bills with the pre-expense yield.

Cities & communities

Where people live within Iberia Parish

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
New Iberia city27.6KJeanerette city4.7KDelcambre town*2.6KLoreauville village833Lydia CDP713
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

5 Census places

Population
  1. 01
    New Iberia cityIncorporated place
    27,571
  2. 02
    Jeanerette cityIncorporated place
    4,655
  3. 03
    Delcambre townIncorporated place · spans 2 counties
    2,552
  4. 04
    Loreauville villageIncorporated place
    833
  5. 05
    Lydia CDPCensus-designated place
    713

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardhurricane

0.448% of building value expected lost per year

Effective property tax0.36%

$593 median annual bill

02
DemandIRS SOI household flows
Net migration-364

1,267 in · 1,631 out

Arriving vs leaving income−$6,519

$38,466 arriving · $44,985 leaving

03
CompetitionHMDA financed purchases
Purchases by investors15.0%

63 of 419 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings138▼ 8.3% year over year
Median days on market78▲ 12.7% year over year
Listings price-reduced21.3%seller-concession signal
Median listing pricen/a▼ 4.9% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Bear case

What can break the county thesis

  1. Parcel insurance premiums, deductibles, and flood exposure could erase the pre-expense yield.
  2. County median asking rent may not be achievable for a specific unit or submarket.
  3. Countywide migration and MLS evidence may not represent the target property type or neighborhood.
Underwriting questions

Before pricing a property

Can the stated gross yield be treated as cash flow?

No. It is based on published market rent and price before taxes, insurance, repairs, vacancy, and financing.

Can HUD FMR be used as the county's market asking rent?

No. The record identifies HUD FMR as a payment standard, while Zillow supplies the measured median asking rent.

What investor-participation evidence is available?

The record reports investor purchases as a share of total purchases, but it does not identify the property types, neighborhoods, or bidding behavior involved.