Zip 70005 (Metairie, LA) Economy


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Metairie, LA is a city located in the parish of Jefferson, just outside of New Orleans. The population of Metairie is approximately 135,000 people. It's known for its diverse culture and vibrant economy. The two bedroom rental rate in the area is $1,260 which is slightly lower than the US average rental rate of $1,430. Additionally, grocery costs are slightly lower as well, with an index score of 101 versus the US average score of 100.
Companies based in Metairie include Entergy Louisiana LLC (providing electric services to Louisiana customers), Ochsner Health System (a non-profit academic healthcare system with over 70 locations throughout Louisiana) and ZEUS Industrial Products (a manufacturer and distributor of power transmission products). Additionally, there are many small businesses ranging from restaurants to art galleries that make Metairie a great place to live and work.

Metairie (zip 70005) has an unemployment rate of 7.6%. The US average is 6.0%.

Metairie (zip 70005) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Metairie (zip 70005)
- The Sales Tax Rate for Metairie (zip 70005) is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Metairie (zip 70005) 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 Metairie (zip 70005)
- The average income of a Metairie (zip 70005) resident is $43,210 a year. The US average is $28,555 a year.
- The Median household income of a Metairie (zip 70005) resident is $74,819 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMetairie, LouisianaUnited States
  7.66
  -7.3%-6.2%
  25.0%33.5%
  9.2%6.2%
  6.0%4.6%
  $52,928$37,638
  $74,819$69,021
  $109,641$85,028
  Population by Occupation
  0.3%1.2%
  0.8%0.5%
  11.7%6.8%
  3.8%10.0%
  3.5%2.5%
  7.7%11.0%
  4.0%4.8%
  1.1%0.8%
  2.0%1.9%
  5.5%4.7%
  3.4%1.9%
  9.6%7.6%
  0.2%0.1%
  3.1%4.2%
  12.3%9.3%
  14.0%14.0%
  3.3%2.1%
  5.5%7.0%
  4.5%4.8%
  3.9%4.7%
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