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Terrebonne County · Louisiana · South · 32k residents

Houma, LA: economy, jobs & business costs

The site-selection read on Houma: 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 $1,236/wk. Louisiana's corporate income tax rate is 5.5%. Commercial electricity averages 10.5¢/kWh.

Compare Houma side by side

Avg. weekly wage

$1,236/wk

lower than 66% of US cities

Corporate income tax

5.5%

lower than 64% of US cities

Bachelor's degree or higher

23.8%

16% vs state medianhigher than 24% of US cities

Commercial electricity

10.5¢/kWh

cheaper than 76% of US cities

Economic momentum

How fast Houma's economy is moving, ranked against the US cities we track.

34/100

Steady

Jobs: -0.1% (bottom 34%)
Momentum rising · +31 over 4 yr

Ranks Houma's 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.

All facets · Houma
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Real listings in Houma

LoopNetCrexiCommercialCafe

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Questions & answers
Is Houma 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 $1,236/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 Houma, LA?
Houma indexes at 79 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $941/mo and a acs median home value of $205,900.
How much does a house cost in Houma?
The acs median home value in Houma is $205,900 (Census ACS estimate; individual listings vary).
How much is rent in Houma?
A two-bedroom in Houma rents for about $941/mo.