Houma, LA Economy


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Houma, LA is a city located in the state of Louisiana. It is known for its excellent food, cultural diversity, and small-town charm. The cost of living is relatively low compared to the rest of the US, with an average 2 bedroom rent of $1,030 and a Grocery Cost Index of 97.
The city offers several job opportunities at various companies such as Acadian Ambulance Service, Boudreaux's Mechanical Services Inc., Gulf Coast Bank & Trust Co., Iberia Bank, Houma-Terrebonne Regional Airport Authority, and G&G Oilfield Supply Company. Other attractions include the Southdown Plantation House Museum, Bayou Country Children's Museum,Southdown Marketplace Mall, and the Terrebonne Parish Main Library. This makes Houma an attractive place to live for those looking for affordable rent rates as well as plenty of activities to do on their time off.

Houma has an unemployment rate of 7.4%. The US average is 6.0%.

Houma has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 2.2%, which is lower than the US average of 33.5%.

Tax Rates for Houma
- The Sales Tax Rate for Houma is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Houma is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Houma
- The average income of a Houma resident is $23,882 a year. The US average is $28,555 a year.
- The Median household income of a Houma resident is $48,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHouma, LouisianaUnited States
  7.46
  -4.4%-6.2%
  2.2%33.5%
  10.0%6.2%
  6.0%4.6%
  $31,246$37,638
  $48,688$69,021
  $65,241$85,028
  Population by Occupation
  0.2%1.2%
  9.8%0.5%
  7.4%6.8%
  6.3%10.0%
  1.6%2.5%
  17.8%11.0%
  5.6%4.8%
  0.4%0.8%
  0.7%1.9%
  3.0%4.7%
  0.6%1.9%
  5.4%7.6%
  0.0%0.1%
  4.4%4.2%
  9.0%9.3%
  14.3%14.0%
  1.4%2.1%
  6.2%7.0%
  3.8%4.8%
  2.0%4.7%
Reviews for Houma
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Over 6 years ago

I lived in Houma from 2 years of age until 61. If you love fishing, eating fried/boiled seafood, and enjoy hot humid weather, this is your town. Except for having easy  More

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Over 15 years ago

Houma has absolutely nothing to  More

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Over 16 years ago

Hot summers; significant hurricanes and tropical storms about once every 5  More

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