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Calcasieu County · Louisiana · South · 81k residents

Lake Charles, LA: economy, jobs & business costs

The site-selection read on Lake Charles: 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 $1,213/wk. Louisiana's corporate income tax rate is 5.5%. Commercial electricity averages 10.5¢/kWh.

Compare Lake Charles side by side

Avg. weekly wage

$1,213/wk

lower than 70% of US cities

Corporate income tax

5.5%

lower than 64% of US cities

Bachelor's degree or higher

29.1%

+2.1% vs state medianhigher than 38% of US cities

Commercial electricity

10.5¢/kWh

cheaper than 76% of US cities

Economic momentum

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

36/100

Steady

Residential permits: -78.7% (bottom 3%)Jobs: +0.7% (top 38%)
Momentum rising · +26 over 4 yr

Ranks Lake Charles'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.

All facets · Lake Charles
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Real listings in Lake Charles

LoopNetCrexiCommercialCafe

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Questions & answers
Is Lake Charles 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 $1,213/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 Lake Charles, LA?
Lake Charles indexes at 83 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,126/mo and a acs median home value of $214,300.
How much does a house cost in Lake Charles?
The acs median home value in Lake Charles is $214,300 (Census ACS estimate; individual listings vary).
How much is rent in Lake Charles?
A two-bedroom in Lake Charles rents for about $1,126/mo.