Louisiana Economic Overview

Key economic indicators for Louisiana (LA). Population: 4,657,757.

Unemployment Rate

3.8%

Below national avg (~4.2%)

Median Annual Wage

$44,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.5%

Year-over-year change

Population

4.7M

Source: 2020 Census

About the Louisiana Economy

Louisiana has an unemployment rate of 3.8%, which is below the national average. The median annual wage is $44,000, with wages growing at 3.5% year-over-year. With a population of 4,657,757, Louisiana is the a mid-size state economy in the U.S.