Tangipahoa County · Louisiana · South · 22k residents
Hammond, LA: economy, jobs & business costs
The site-selection read on Hammond: labor costs, talent, corporate tax, energy, and business activity, with the Louisiana median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $942/wk. Louisiana's corporate income tax rate is 5.5%. Commercial electricity averages 10.5¢/kWh.
Compare Hammond side by side
Avg. weekly wage
$942/wk
Corporate income tax
5.5%
Bachelor's degree or higher
27.7%
Commercial electricity
10.5¢/kWh
Economic momentum
How fast Hammond's economy is moving, ranked against the US cities we track.
50/100
Steady
Ranks Hammond's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $221,400 |
| Price per sq. ft. | $140 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $959/mo |
| 2-bedroom rent | $943/mo |
| State & local income tax | 3.01% |
| Sales tax | 9.55% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $942/wk |
| Bachelor's degree or higher | 27.7% |
| Commercial electricity | 10.5¢/kWh |
| Businesses per 1k residents | 27.9/1k |
| Wage: Software developer | $118,590 |
| Wage: Registered nurse | $76,200 |
| Wage: General manager | $87,990 |
| Wage: Customer service | $34,950 |
| Wage: Warehouse worker | $35,570 |
| Wage: Heavy truck driver | $48,650 |
| Wage: Electrician | $50,700 |
| Wage: Retail salesperson | $28,570 |
| Cost of living index | 80 |
| Groceries index | 97 |
| Utilities | $165/mo |
| Transit pass | $45/mo |
| Gas price | $2.95/gal |
| Healthcare index | 94 |
| Childcare (per child) | $800/mo |
| Median household income | $48,166 |
| Unemployment rate | 4.2% |
| Population | 22k |
| Crime index | 75/100 |
| School rating | 4.2/10 |
| Walkability | 30/100 |
| Disaster risk | 93/100 |
| Avg. commute | 26 min |
| Sunny days / year | 215 days |
| July high | 92°F |
| January low | 38°F |
| Annual snowfall | — |
| Home price YoY | +0.5% |
| Home price MoM | -0.7% |
| Rent YoY | +2.9% |
| Rent MoM | +1.1% |
| Employment (jobs) YoY | -0.1% |
| Building permits YoY | +18.8% |
| Ocean coast | 69 mi |
| Big lake | 32 mi |
| Mountains | 342 mi |
| Major airport | 39 mi |
| Ski resort | 539 mi |
Popular comparisons
Nearby
- Prairieville, LA · 35k
- Laplace, LA · 28k
- Central, LA · 30k
- Kenner, LA · 65k
- Zachary, LA · 20k
Similar size
- Bayou Cane, LA · 21k
- Harvey, LA · 21k
- Ruston, LA · 22k
- Sulphur, LA · 21k
- Chalmette, LA · 23k
Real listings in Hammond
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Hammond a good place to run a business?
- Louisiana's corporate income tax rate is 5.5%; average weekly wages in the surrounding labor market run $942/wk; commercial electricity averages 10.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Hammond, LA?
- Hammond indexes at 80 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $943/mo and a acs median home value of $221,400.
- How much does a house cost in Hammond?
- The acs median home value in Hammond is $221,400 (Census ACS estimate; individual listings vary).
- How much is rent in Hammond?
- A two-bedroom in Hammond rents for about $943/mo.