Morgan City Metro Area, LA Economy


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United States / Louisiana / Morgan City Metro Area / Counties / Cities / Zip Codes
Morgan City, LA Metro Area is a great place to live and work. With a 2 Bedroom Rent of $870 compared to the US average of $1,430, it is significantly more affordable than other areas. The Grocery Cost Index in Morgan City, LA Metro Area is also lower than the US index at 94 versus 100 nationally. Morgan City is home to several local businesses and attractions that make it a desirable location to live and work. Companies like Parker Drilling Company, Holiday Inn Express Hotel & Suites Morgan City, and Bill Johnson Equipment Co., Inc. make up some of the major employers in the area. There are also plenty of things to do in Morgan City such as visiting Lake Palourde Park, B&C Seafood Market & Restaurant, or seeing an event at the Amelia Belle Casino. Whether you're looking for employment opportunities or simply somewhere to enjoy your free time, Morgan City has something for everyone.

Morgan City Metro Area has an unemployment rate of 8.3%. The US average is 6.0%.

Morgan City Metro Area has seen the job market decrease by -1.4% 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 Morgan City Metro Area
- The Sales Tax Rate for Morgan City Metro Area is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Morgan City Metro Area 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 Morgan City Metro Area
- The average income of a Morgan City Metro Area resident is $21,616 a year. The US average is $28,555 a year.
- The Median household income of a Morgan City Metro Area resident is $43,097 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorgan City, LouisianaUnited States
  8.36
  -5.9%-6.2%
  2.2%33.5%
  8.5%6.2%
  6.0%4.6%
  $23,866$37,638
  $43,097$69,021
  $55,408$85,028
  Population by Occupation
  1.5%1.2%
  8.0%0.5%
  8.0%6.8%
  10.3%10.0%
  2.1%2.5%
  15.1%11.0%
  5.1%4.8%
  1.0%0.8%
  1.1%1.9%
  3.2%4.7%
  0.8%1.9%
  2.4%7.6%
  0.0%0.1%
  4.3%4.2%
  10.2%9.3%
  10.5%14.0%
  3.2%2.1%
  4.9%7.0%
  4.9%4.8%
  3.4%4.7%
Health