Life Skills and Money Education in Houma, LA
About 31,671 people live in Houma, Louisiana, making it the 10th-largest of 304 incorporated places in Louisiana. It has lost residents since 2020, slipping 5% from 33,346 down to 31,671. The median age is 35.1.
Among adults 25 and older in Houma, 23% hold a bachelor's degree or higher. That runs 8.2 points above the Louisiana average of 14.8%. Flip that figure and it describes 77% of the 21,285 adults 25 and over counted in the 2019–2023 ACS, about 16,389 people whose money skills came from somewhere other than a university.
Median household income is $54,637. That is $7,839 above the Louisiana median. About 17.3% of residents live below the poverty line. The median home is valued at $207,900 — about 3.8× the median household income, a ratio that makes the arithmetic of a mortgage worth understanding before signing one.
Houma by the numbers
| Measure | Value |
|---|---|
| Population (2024) | 31,671 |
| Change since 2020 | -5% |
| Median household income | $54,637 |
| Adults 25+ with a bachelor’s degree | 23% |
| Adults 25+ with a high school diploma | 86.9% |
| Median age | 35.1 |
| Poverty rate | 17.3% |
| Unemployment rate | 3.5% |
| Median home value | $207,900 |
| Land area | 14.467 sq mi |
| Population density | 2,189 / sq mi |
What Louisiana teaches — and to whom
Louisiana has committed to a full year of personal finance as a graduation requirement, phasing in with the class of 2028 — so today's middle schoolers will be the first cohort held to it. That covers students still in the system. It does nothing for the adults already out of it — which, in Houma, is most of the people reading this.
LearnLife organises this the way the decisions actually arrive: Legal literacy — leases, contracts, employment rights and what a signature actually commits you to; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Emotional regulation — the self-management that decides whether the other skills ever get used.
Where to start in Houma
Understand what a shrinking tax base changes
Houma has lost 5% of its population since 2020. Declining places tend to see slower home appreciation and tighter municipal budgets, which makes the buy-versus-rent calculation genuinely different here than the national advice assumes.
Questions people ask about Houma
Do high school students in Houma, Louisiana have to take a personal finance class?
Yes — Louisiana has adopted a standalone requirement, phasing in with the graduating class of 2028. Students graduating before then are not covered.
How many adults in Houma, Louisiana have a college degree?
23% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 77% are managing their finances without one.
What is the median household income in Houma, Louisiana?
$54,637, per the Census Bureau's 2019–2023 American Community Survey.
Where can adults in Houma, Louisiana learn personal finance?
Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.
Start with whichever one is costing you money right now.
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