Ouachita County · Louisiana · South · 47k residents
Monroe, LA: economy, jobs & business costs
The site-selection read on Monroe: 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 $1,000/wk. Louisiana's corporate income tax rate is 5.5%. Commercial electricity averages 10.5¢/kWh.
Compare Monroe side by side
Avg. weekly wage
$1,000/wk
Corporate income tax
5.5%
Bachelor's degree or higher
32.4%
Commercial electricity
10.5¢/kWh
Economic momentum
How fast Monroe's economy is moving, ranked against the US cities we track.
32/100
Cooling
Ranks Monroe'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 | $198,900 |
| Price per sq. ft. | $140 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $622/mo |
| 2-bedroom rent | $875/mo |
| State & local income tax | 3.01% |
| Sales tax | 9.55% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,000/wk |
| Bachelor's degree or higher | 32.4% |
| Commercial electricity | 10.5¢/kWh |
| Businesses per 1k residents | 34.6/1k |
| Wage: Software developer | $94,580 |
| Wage: Registered nurse | $78,270 |
| Wage: General manager | $94,240 |
| Wage: Customer service | $34,520 |
| Wage: Warehouse worker | $31,070 |
| Wage: Heavy truck driver | $47,300 |
| Wage: Electrician | $60,940 |
| Wage: Retail salesperson | $27,710 |
| Cost of living index | 78 |
| 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 | $40,505 |
| Unemployment rate | 4.2% |
| Population | 47k |
| Crime index | 75/100 |
| School rating | 4.2/10 |
| Walkability | 30/100 |
| Disaster risk | 88/100 |
| Avg. commute | 26 min |
| Sunny days / year | 215 days |
| July high | 93°F |
| January low | 37°F |
| Annual snowfall | — |
| Home price YoY | -0.3% |
| Home price MoM | 0.0% |
| Rent YoY | +33.0% |
| Rent MoM | +4.1% |
| Employment (jobs) YoY | +0.5% |
| Building permits YoY | -81.2% |
| Ocean coast | 190 mi |
| Big lake | 117 mi |
| Mountains | 180 mi |
| Major airport | 119 mi |
| Ski resort | 423 mi |
Popular comparisons
Nearby
- Ruston, LA · 22k
- Natchitoches, LA · 18k
- Alexandria, LA · 44k
- Bossier City, LA · 63k
- Shreveport, LA · 181k
Similar size
- Prairieville, LA · 35k
- Marrero, LA · 33k
- Houma, LA · 32k
- Central, LA · 30k
- Kenner, LA · 65k
Real listings in Monroe
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Monroe 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 $1,000/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 Monroe, LA?
- Monroe indexes at 78 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $875/mo and a acs median home value of $198,900.
- How much does a house cost in Monroe?
- The acs median home value in Monroe is $198,900 (Census ACS estimate; individual listings vary).
- How much is rent in Monroe?
- A two-bedroom in Monroe rents for about $875/mo.