Comprehensive salary data, cost of living, tax rates, and employment information for Louisiana.
Reviewed by Alexander O.M., MBA, BSc Engineering•Updated
Louisiana's $57,852 median household income is one of the lowest in the US, and the state has struggled with out-migration since Hurricane Katrina in 2005 reshaped New Orleans' population and workforce. The cost-of-living index of 91 pulls effective purchasing power back toward the middle, but the structural challenges are real — median wages have grown more slowly than most of the South over the past two decades. The economy is heavily weighted toward the oil-and-gas value chain (refining and petrochemicals along the Mississippi River corridor between Baton Rouge and New Orleans), healthcare (Ochsner Health is the largest private employer in the state), and tourism concentrated in New Orleans. The port of New Orleans and the adjacent Plaquemines and St. Bernard port terminals together form one of the largest port complexes in the Western Hemisphere. State income tax was reformed to a simpler structure ranging from 1.85% to 4.25%, and a 2024 overhaul is reducing it further toward a flat 3% in 2025. The $7.25/hour minimum wage remains at the federal floor, one of roughly twenty states still at that level. Property taxes are among the lowest in the country. Full breakdown follows.
Median Individual
$31,530
per year
Median Household
$57,852
per year
Cost of Living
91
Affordable (US avg = 100)
State Income Tax
1.85-4.25%
rate
Salary Overview for Louisiana
The median individual income in Louisiana is $31,530 per year, while the mean (average) individual income is $42,800. The median household income is $57,852.
Cost of Living Adjusted Salary
Louisiana's cost of living index is 91 (national average = 100). This means the median salary of $31,530 in Louisiana has the purchasing power of approximately $34,648 at the national average cost of living. Your dollar goes further in Louisiana than in most states.
Minimum Wage in Louisiana
The current minimum wage in Louisiana is $7.25/hour, which equals approximately $15,080 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Louisiana minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Louisiana
Ochsner Health
LCMC Health
Entergy
Major Industries in Louisiana
Oil & Gas
Healthcare
Tourism
Tax Rates in Louisiana
See the full tax breakdown including income tax, sales tax, property tax, and more on our Louisiana tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Louisiana after federal and state taxes.