Named for the river that runs through Red River Parish, the economy of this parish until recently relied primary on agriculture, timber and forestry. However, the discovery of the Haynesville Shale in northwest Louisiana has injected millions into the local economy. Energy companies are setting up shop and drilling in Red River Parish. ADA-ES and Energy Capital Partners built a new carbon manufacturing plant in Red River Parish. The first production line of this facility is capable of producing 125 to 175 million pounds of activated carbon (AC) per year and came online in June 2010. In addition, the air permit for the facility allows for a second production line, which, if constructed, would be capable of producing up to an additional 175 million pounds of AC per year. The project should create 50 new jobs with salaries between $50,000 and $65,000 a year and bring an estimated $350 million in capital investments to Red River, North Louisiana and the state. Located in northwest Louisiana, Red River Parish covers 402 sq. miles and is divided by the Red River, defining two distinct sections: the rich river bottomlands on the west and the pine & oak uplands on the east. With convenient access to Interstate-49 and the Red River, the parish supports a population of 9,091 residents and a civilian labor force of 3,704 who earns an average household income of $36,609. Red River Parish Communities Red River Parish Demographics Red River Parish Workplace Statistics Red River Parish Transportation Infrastructure Red River Parish Major Employers Tax Structure: Cost of Business
(2010 U.S. Census)
Demographics
Population
9,091
Households
3,335
Median Age
36.9
Male Population
4,350 (47.8%)
Median Male Age
36.2
Female Population
4,741 (52.2%)
Median Female Age
40.5
5 Year Population Projection
8,762 to 10,780
Race
White
5,360 (59%)
African American
3,595 (36.6%)
American Indian or Alaska Native
381 (.4%)
Asian
12 (.1)
Other
89 (.9)
Hispanic Ethnicity
101 (1.1%)
Income
Median Household Income
$26,400
Average Household Income
$36,609
Per Capita Income
$13,603
Workforce
Source: Louisiana Workforce Commission, Sept. 2012
Civilian Labor
3,704
Employed
3,423
Unemployed
281
Unemployment rate
7.6%
White Collar Jobs
41.5%
Service Jobs
19.3%
Blue Collar Jobs
39.3%
Educational Attainment Diploma or Higher (Age 25+)
53.2%
High School Graduate
Associate Degree
3.2%
Bachelor’s Degree
6.5%
Master’s or Doctorate
2.5%
Weekly Wages- 3Q 2010
Average Weekly Wage
$681
*Based on distance from parish seat **All North Louisiana Ports are connected to deepwater ports.
168
258
State Corporate Income Tax
State Corporate Franchise Tax
Unemployment Insurance Tax
Parish Property
93.25 Mills*
Total Sales Taxes in Red River Parish
8.00%**
Total Sales Taxes in Coushatta
9.00%
Total Sales Taxes in Hall Summit
* To calculate property tax, multiply the assessed value of the property by the appropriate millage rate. The assessed value is the fair market value of the property times 10% for real property or 15% for personal property. ** Sales taxes include a 4% state tax along with a local portion