Iberia County · Louisiana · South · 28k residents
New Iberia, LA: economy, jobs & business costs
The site-selection read on New Iberia: 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 $1,148/wk. Louisiana's corporate income tax rate is 5.5%. Commercial electricity averages 10.5¢/kWh.
Compare New Iberia side by side
Avg. weekly wage
$1,148/wk
Corporate income tax
5.5%
Bachelor's degree or higher
17.3%
Commercial electricity
10.5¢/kWh
Economic momentum
How fast New Iberia's economy is moving, ranked against the US cities we track.
78/100
Heating
Ranks New Iberia'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 | $158,300 |
| Price per sq. ft. | $140 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $609/mo |
| 2-bedroom rent | $918/mo |
| State & local income tax | 3.01% |
| Sales tax | 9.55% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,148/wk |
| Bachelor's degree or higher | 17.3% |
| Commercial electricity | 10.5¢/kWh |
| Businesses per 1k residents | 28.3/1k |
| Wage: Software developer | $102,800 |
| Wage: Registered nurse | $80,230 |
| Wage: General manager | $101,790 |
| Wage: Customer service | $37,330 |
| Wage: Warehouse worker | $34,490 |
| Wage: Heavy truck driver | $49,320 |
| Wage: Electrician | $61,540 |
| Wage: Retail salesperson | $29,490 |
| Cost of living index | 77 |
| 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 | $47,087 |
| Unemployment rate | 4.2% |
| Population | 28k |
| Crime index | 75/100 |
| School rating | 4.2/10 |
| Walkability | 30/100 |
| Disaster risk | 91/100 |
| Avg. commute | 26 min |
| Sunny days / year | 215 days |
| July high | 92°F |
| January low | 43°F |
| Annual snowfall | — |
| Home price YoY | +0.4% |
| Home price MoM | -0.5% |
| Rent YoY | — |
| Rent MoM | +1.0% |
| Employment (jobs) YoY | +1.6% |
| Building permits YoY | +16.7% |
| Ocean coast | 25 mi |
| Big lake | 104 mi |
| Mountains | 342 mi |
| Major airport | 54 mi |
| Ski resort | 593 mi |
Popular comparisons
Nearby
- Youngsville, LA · 17k
- Lafayette, LA · 122k
- Opelousas, LA · 15k
- Baton Rouge, LA · 223k
- Prairieville, LA · 35k
Similar size
- Laplace, LA · 28k
- Slidell, LA · 29k
- Central, LA · 30k
- Terrytown, LA · 25k
- Houma, LA · 32k
Real listings in New Iberia
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is New Iberia 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 $1,148/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 New Iberia, LA?
- New Iberia indexes at 77 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $918/mo and a acs median home value of $158,300.
- How much does a house cost in New Iberia?
- The acs median home value in New Iberia is $158,300 (Census ACS estimate; individual listings vary).
- How much is rent in New Iberia?
- A two-bedroom in New Iberia rents for about $918/mo.