Shreveport, LA Economy


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Shreveport, LA is a vibrant city located in the northwestern corner of Louisiana. Home to over 200,000 people, it offers a wide range of activities and amenities for locals and visitors alike. As far as housing goes, 2 bedroom apartments can be rented for around $980 per month, which is less than the US average at $1,430. Additionally, grocery costs are also lower in Shreveport with an index value of 91 compared to the US average at 100. Major employers in the city include Willis-Knighton Health System, Barksdale Air Force Base, and Louisiana State University Shreveport. There are also several large companies that have offices in Shreveport such as Walmart, FedEx Express, and AT&T. There truly is something for everyone in this beautiful city!

Shreveport has an unemployment rate of 8.1%. The US average is 6.0%.

Shreveport has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Shreveport
- The Sales Tax Rate for Shreveport is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Shreveport 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 Shreveport
- The average income of a Shreveport resident is $24,202 a year. The US average is $28,555 a year.
- The Median household income of a Shreveport resident is $41,782 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShreveport, LouisianaUnited States
  8.16
  -5.2%-6.2%
  16.3%33.5%
  9.1%6.2%
  6.0%4.6%
  $29,862$37,638
  $41,782$69,021
  $56,785$85,028
  Population by Occupation
  0.5%1.2%
  1.4%0.5%
  5.1%6.8%
  4.3%10.0%
  2.0%2.5%
  12.6%11.0%
  4.9%4.8%
  0.9%0.8%
  1.4%1.9%
  2.7%4.7%
  2.0%1.9%
  5.3%7.6%
  0.0%0.1%
  5.3%4.2%
  9.8%9.3%
  19.6%14.0%
  3.1%2.1%
  8.3%7.0%
  5.4%4.8%
  5.2%4.7%
Reviews for Shreveport
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The pace of its death is picking up. A place that should be moving forward is following the path of Rust belt cities that died. Downtown has potential, but the  More

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Over 4 years ago

I Love Driving By Shreveport, Buildings do look beautiful, it is truly a great city, my favorite thing is the people. What loses the last star is that I did not visit  More

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Over 5 years ago

Shreveport is dying a slow painful death. If you are thinking of relocating here; I would not advise it. Since moving back twenty years ago, I have watch the town  More

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