West Monroe, LA Economy


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West Monroe, LA is a great place to live for those looking for affordability. With a two bedroom rent of only $920 compared to the US average of $1,430, residents can save money while living in this charming city. Additionally, grocery costs are significantly lower in West Monroe than the national average at 93 versus 100. This makes it an ideal location for those on a budget. Popular local companies include North Monroe Baptist Church and The Duck Commander, both a staple of the community. From its affordable prices to its vibrant culture and friendly locals, West Monroe has something to offer everyone making it one of the best places to live in Louisiana.

West Monroe has an unemployment rate of 5.8%. The US average is 6.0%.

West Monroe has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.

Tax Rates for West Monroe
- The Sales Tax Rate for West Monroe is 11.0%. The US average is 7.3%.
- The Income Tax Rate for West Monroe 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 West Monroe
- The average income of a West Monroe resident is $19,268 a year. The US average is $28,555 a year.
- The Median household income of a West Monroe resident is $38,865 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Monroe, LouisianaUnited States
  5.86
  -3.8%-6.2%
  22.9%33.5%
  10.4%6.2%
  6.0%4.6%
  $24,520$37,638
  $38,865$69,021
  $54,642$85,028
  Population by Occupation
  0.1%1.2%
  0.3%0.5%
  6.7%6.8%
  7.1%10.0%
  3.8%2.5%
  12.2%11.0%
  4.0%4.8%
  1.1%0.8%
  3.5%1.9%
  2.2%4.7%
  2.1%1.9%
  4.0%7.6%
  0.0%0.1%
  6.2%4.2%
  9.7%9.3%
  18.1%14.0%
  3.7%2.1%
  7.6%7.0%
  3.7%4.8%
  4.0%4.7%
Reviews for West Monroe
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Over 12 years ago

houses for  More

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Over 17 years ago

I was born and raised in West Monroe. I currently reside in Monroe, but I teach in West Monroe. There are pros and cons about West Monroe like anywhere else you may  More

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Over 17 years ago

This town is very sports oriented, therefore if your child doesn't play a sport there isn't very much to do  More

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