Economy, jobs and prices in Louisiana, United States: official figures
The economy of Louisiana (gross domestic product) was worth $342.3 billion in 2025 at current prices, 1.1% of the US total of $30.86 trillion; 26th largest of 51. In current dollars it was up 3.6% on 2024.
How fast is the economy of Louisiana growing?
After adjusting for inflation, real GDP in Louisiana grew 1.5% in 2025, against 2.3% for the United States; 18th slowest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the GDP per capita of Louisiana?
Dividing 2025 GDP by the Census Bureau's population estimate gives $74,125 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 13th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs the economy of Louisiana growing or shrinking?
In the second quarter of 2026, real GDP in Louisiana grew at an annual rate of 0.2% (United States: 2.2%); 8th slowest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat are the main industries in Louisiana?
In 2025 the largest private industry in Louisiana's economy was manufacturing (18.2% of GDP), followed by real estate, rental and leasing (10.9%) and health care and social assistance (8.0%). Government accounted for 10.8%; the manufacturing share was 2nd highest of 51 (United States: 9.5%).
Source: U.S. Bureau of Economic Analysis · saved copyHow much do people in Louisiana spend?
Consumer spending (personal consumption expenditures) in Louisiana came to $52,584 per person in 2025 (United States: $61,062); 9th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs Louisiana expensive to live in?
Prices in Louisiana were 11.8% below the national average in 2024, by BEA's regional price parity of 88.2 (US = 100), which covers goods, services and housing; 5th least expensive of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the inflation rate in Louisiana?
Prices in Louisiana rose 2.0% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the per capita income in Louisiana?
Personal income per person in Louisiana was $64,103 in 2025, against $77,028 for the United States; 8th lowest of 51. It was up 4.7% on 2024 and up 27.7% on 2020, before inflation.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the disposable income per person in Louisiana?
After taxes, disposable personal income per person was $58,390 in 2025 (United States: $67,251); 10th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyHow far does income go in Louisiana?
Adjusted for local price levels, real personal income per person in Louisiana was $56,789 in 2024 in 2017 dollars (United States: $59,195); 21st lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the median household income in Louisiana?
Median household income in Louisiana was $60,986 in 2024 (margin of error ±$803), against $81,604 for the United States; 3rd lowest of 51 by the point estimate. It was not statistically different from 2023 after adjusting for inflation (American Community Survey).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Louisiana?
The Gini index of household income inequality in Louisiana was 0.492 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); 4th most unequal of 51.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Louisiana?
The unemployment rate in Louisiana was 4.0% in September 2026 (seasonally adjusted, preliminary), down from 4.2% a year earlier; tied for 22nd highest of 51. The rate for the 50 states and DC combined was 4.2%.
Source: U.S. Bureau of Labor Statistics · saved copyHow many people are unemployed in Louisiana?
In September 2026, 84,645 people in Louisiana were unemployed and 2,018,326 employed, out of a labor force of 2,102,971.
Source: U.S. Bureau of Labor Statistics · saved copyWhat was the unemployment rate in Louisiana in 2025?
Over 2025 the unemployment rate in Louisiana averaged 4.3% (an 11-month average: October 2025 was not collected during the federal shutdown), against 4.3% in 2024; tied for 16th highest of 51. The lowest annual rate since 1976 was 3.7% in 2022.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the average salary in Louisiana?
Workers covered by unemployment insurance in Louisiana were paid $63,090 on average in 2025 ($1,213 a week), up 2.9% on 2024; the US average was $78,720. That is 10th lowest of 51.
Source: U.S. Bureau of Labor Statistics · saved copyHow many jobs are there in Louisiana?
Employers in Louisiana had an average of 1,928,041 jobs on their payrolls in 2025 across 157,334 establishments, up 0.4% on 2024 (United States: up 0.5%).
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median wage in Louisiana?
The median annual wage across all occupations in Louisiana was $45,520 in May 2025 (mean $56,600); 4th lowest of 51. One in ten workers earned less than $22,710 and one in ten more than $100,110.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the most common job in Louisiana?
The most common occupation in Louisiana in May 2025 was retail salespersons, with 49,570 workers and a median annual wage of $29,490.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median household income in Louisiana?
Median household income in Louisiana was $61,038 in 2024, 3rd lowest among the 50 states and DC (U.S.: $81,604). In 2019 it was $51,108, so it has risen 19.4% before allowing for inflation.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Louisiana?
The median gross rent in Louisiana, including utilities, was $1,064 a month in 2024, up 4.3% on 2023 ($1,020); 10th lowest among the 50 states and DC (U.S.: $1,487).
Source: U.S. Census Bureau · saved copyWhat is the median home value in Louisiana?
Homeowners in Louisiana valued their homes at a median of $223,200 in 2024, up 3.5% on 2023 ($215,600); 5th lowest among the 50 states and DC (U.S.: $360,600).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Louisiana?
The median home value in Louisiana was 3.7 times the median household income in 2024 ($223,200 against $61,038); 17th lowest ratio among the 50 states and DC (U.S.: 4.4).
Source: U.S. Census Bureau · saved copyIs rent affordable in Louisiana?
A household on the median income in Louisiana would spend 20.9% of its income on the median rent of $1,064 a month in 2024 (U.S.: 21.9%).
Source: U.S. Census Bureau · saved copyHow Louisiana compares with other states
Gross domestic product, 2025 (current dollars) (2025)
Louisiana ranks 26 of 51, highest first.
| Rank | Region | Gross domestic product, 2025 (current dollars) |
|---|---|---|
| 23 | Connecticut | $382.6 billion |
| 24 | South Carolina | $378.4 billion |
| 25 | Oregon | $343.2 billion |
| 26 | Louisiana | $342.3 billion |
| 27 | Alabama | $339.0 billion |
| 28 | Utah | $319.2 billion |
| 29 | Kentucky | $313.6 billion |
GDP per resident, 2025 (BEA GDP / Census population) (2025)
Louisiana ranks 39 of 51, highest first.
| Rank | Region | GDP per resident, 2025 (BEA GDP / Census population) |
|---|---|---|
| 36 | Vermont | $77,029 |
| 37 | Florida | $76,958 |
| 38 | Missouri | $75,811 |
| 39 | Louisiana | $74,125 |
| 40 | Michigan | $72,462 |
| 41 | Maine | $71,898 |
| 42 | New Mexico | $71,569 |
Real GDP growth, 2025 (2025)
Louisiana ranks 34 of 51, highest first.
| Rank | Region | Real GDP growth, 2025 |
|---|---|---|
| 31 | New Mexico | 1.8% |
| 32 | South Dakota | 1.8% |
| 33 | New Hampshire | 1.7% |
| 34 | Louisiana | 1.5% |
| 35 | Hawaii | 1.5% |
| 36 | Arizona | 1.5% |
| 37 | Maine | 1.4% |
Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)
Louisiana ranks 44 of 51, highest first.
| Rank | Region | Real GDP growth, 2026:Q2 (annual rate) |
|---|---|---|
| 41 | Washington | 0.6% |
| 42 | New Mexico | 0.4% |
| 43 | Oklahoma | 0.3% |
| 44 | Louisiana | 0.2% |
| 45 | Montana | 0.1% |
| 46 | Nebraska | -0.1% |
| 47 | Kansas | -0.6% |
Personal income per person, 2025 (2025)
Louisiana ranks 44 of 51, highest first.
| Rank | Region | Personal income per person, 2025 |
|---|---|---|
| 41 | Oklahoma | $66,055 |
| 42 | Georgia | $65,111 |
| 43 | Idaho | $64,200 |
| 44 | Louisiana | $64,103 |
| 45 | South Carolina | $63,435 |
| 46 | New Mexico | $62,089 |
| 47 | Arkansas | $61,697 |
Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)
Louisiana ranks 31 of 51, highest first.
| Rank | Region | Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) |
|---|---|---|
| 28 | Missouri | $57,850 |
| 29 | Maine | $57,480 |
| 30 | Florida | $57,131 |
| 31 | Louisiana | $56,789 |
| 32 | Nevada | $56,503 |
| 33 | North Carolina | $56,310 |
| 34 | Ohio | $56,232 |
Median household income, 2024 (ACS) (2024)
Louisiana ranks 49 of 51, highest first.
| Rank | Region | Median household income, 2024 (ACS) |
|---|---|---|
| 45 | Alabama | $66,659 |
| 46 | Oklahoma | $66,148 |
| 47 | Kentucky | $64,526 |
| 48 | Arkansas | $62,106 |
| 49 | Louisiana | $60,986 |
| 50 | West Virginia | $60,798 |
| 51 | Mississippi | $59,127 |
Regional price parity, 2024 (US = 100) (2024)
Louisiana ranks 47 of 51, highest first.
| Rank | Region | Regional price parity, 2024 (US = 100) |
|---|---|---|
| 44 | North Dakota | 89.0 |
| 45 | Alabama | 88.8 |
| 46 | South Dakota | 88.6 |
| 47 | Louisiana | 88.2 |
| 48 | Oklahoma | 87.8 |
| 49 | Iowa | 87.8 |
| 50 | Mississippi | 87.0 |
Unemployment rate, September 2026 (seasonally adjusted) (September 2026)
Louisiana ranks 23 of 51, highest first.
| Rank | Region | Unemployment rate, September 2026 (seasonally adjusted) |
|---|---|---|
| 20 | Oklahoma | 4.2% |
| 21 | Colorado | 4.1% |
| 22 | South Carolina | 4.0% |
| 23 | Louisiana | 4.0% |
| 24 | West Virginia | 4.0% |
| 25 | Maryland | 3.9% |
| 26 | Arkansas | 3.9% |
Unemployment rate, 2025 annual average (2025)
Louisiana ranks 19 of 51, highest first.
| Rank | Region | Unemployment rate, 2025 annual average |
|---|---|---|
| 16 | New York | 4.3% |
| 17 | Pennsylvania | 4.3% |
| 18 | Arizona | 4.3% |
| 19 | Louisiana | 4.3% |
| 20 | Texas | 4.2% |
| 21 | New Mexico | 4.2% |
| 22 | West Virginia | 4.2% |
Labor force participation rate, September 2026 (September 2026)
Louisiana ranks 43 of 51, highest first.
| Rank | Region | Labor force participation rate, September 2026 |
|---|---|---|
| 40 | South Carolina | 58.8% |
| 41 | Michigan | 58.5% |
| 42 | Maine | 58.5% |
| 43 | Louisiana | 58.3% |
| 44 | Kentucky | 57.9% |
| 45 | North Carolina | 57.8% |
| 46 | Delaware | 57.8% |
Average annual pay, 2025 (QCEW) (2025)
Louisiana ranks 42 of 51, highest first.
| Rank | Region | Average annual pay, 2025 (QCEW) |
|---|---|---|
| 39 | Iowa | $63,469 |
| 40 | Kansas | $63,212 |
| 41 | New Mexico | $63,124 |
| 42 | Louisiana | $63,090 |
| 43 | Nebraska | $63,063 |
| 44 | Montana | $62,882 |
| 45 | Kentucky | $62,521 |
Median annual wage, all occupations, May 2025 (OEWS) (May 2025)
Louisiana ranks 48 of 51, highest first.
| Rank | Region | Median annual wage, all occupations, May 2025 (OEWS) |
|---|---|---|
| 45 | South Carolina | $46,490 |
| 46 | Alabama | $45,670 |
| 47 | Oklahoma | $45,600 |
| 48 | Louisiana | $45,520 |
| 49 | West Virginia | $45,300 |
| 50 | Arkansas | $43,630 |
| 51 | Mississippi | $40,120 |
Median household income (2024)
Louisiana ranks 49 of 51, highest first. Census Bureau SAIPE model estimates
| Rank | Region | Median household income |
|---|---|---|
| 45 | Alabama | $66,704 |
| 46 | Oklahoma | $66,124 |
| 47 | Kentucky | $64,481 |
| 48 | Arkansas | $62,146 |
| 49 | Louisiana | $61,038 |
| 50 | West Virginia | $60,662 |
| 51 | Mississippi | $59,301 |
Median gross rent (monthly) (2024)
Louisiana ranks 42 of 51, highest first. Renter-occupied units paying cash rent
| Rank | Region | Median gross rent (monthly) |
|---|---|---|
| 39 | Kansas | $1,079 |
| 40 | Alabama | $1,077 |
| 41 | Missouri | $1,067 |
| 42 | Louisiana | $1,064 |
| 43 | Oklahoma | $1,044 |
| 44 | South Dakota | $999 |
| 45 | Kentucky | $998 |
Median value of owner-occupied homes (2024)
Louisiana ranks 47 of 51, highest first. Owner-reported value
| Rank | Region | Median value of owner-occupied homes |
|---|---|---|
| 44 | Alabama | $233,300 |
| 45 | Iowa | $227,300 |
| 46 | Kentucky | $226,000 |
| 47 | Louisiana | $223,200 |
| 48 | Oklahoma | $222,100 |
| 49 | Arkansas | $215,600 |
| 50 | Mississippi | $186,500 |
More on Louisiana: overview · health · education and schools · poverty and living standards · government budget · the United States
Sources
- U.S. Census Bureau: Household Income in States and Metropolitan Areas: 2024 (ACSBR-025), Appendix Table 1: median household income and Gini index by state, 2023 and 2024 American Community Survey, read 23 October 2026 · saved copy (SHA-256 5de1b0d5ec46…)
- U.S. Bureau of Economic Analysis: SASUMMARY: State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employment (updated 30 September 2026), read 23 October 2026 · saved copy (SHA-256 a3757d207c05…)
- U.S. Bureau of Economic Analysis: SAGDP: Annual GDP by state, 1997-2025 (table SAGDP2, GDP in current dollars by industry), read 23 October 2026 · saved copy (SHA-256 3d3c5bc7bd24…)
- U.S. Bureau of Economic Analysis: SQGDP: Quarterly GDP by state, 2005-2026 Q2 (table SQGDP11, percent change in real GDP at annual rate), read 23 October 2026 · saved copy (SHA-256 1649260cdceb…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, monthly, seasonally adjusted, read 23 October 2026 · saved copy (SHA-256 7bb6f18d4145…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, annual averages 1976-2025, read 23 October 2026 · saved copy (SHA-256 262aba7d00df…)
- U.S. Bureau of Labor Statistics: Occupational Employment and Wage Statistics, May 2025 state estimates (state_M2025_dl.xlsx), read 23 October 2026 · saved copy (SHA-256 74d5be0e1df8…)
- U.S. Bureau of Labor Statistics: Quarterly Census of Employment and Wages, 2025 annual averages, all industries (open data CSV slice), read 23 October 2026 · saved copy (SHA-256 5a5f89142aae…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median gross rent (B25064), read 23 October 2026 · saved copy (SHA-256 8624f9775add…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median value of owner-occupied homes (B25077), read 23 October 2026 · saved copy (SHA-256 27120d5d8a5f…)
- U.S. Census Bureau: Small Area Income and Poverty Estimates (SAIPE): 2024 poverty and median household income, states and counties, read 23 October 2026 · saved copy (SHA-256 cb52c47d75c1…)
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