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Monroe listed in top 25 cities in the US for wage growth
Posted on 8/7/18 at 2:34 pm
Posted on 8/7/18 at 2:34 pm
LINK
14. Monroe, Louisiana
Per capita income growth in 2016: 3.4%
5 yr. per capita income growth: 9.1%
Per capita income: $40,614
May 2018 unemployment: 5.1%
Per capita income climbed for the third consecutive year in Monroe, Louisiana, in 2016. After increasing by 3.4% in 2016, per capita income in the metro area stood at $40,614, crossing the $40,000 threshold for the first time.
Per capita income growth was driven partially by employment and wage growth in one of the metro area's most dominant industries. Nearly one in every five private sector workers work in health care and social assistance. The industry's 2.4% wage growth and its 1.2% employment growth from 2015 to 2016 likely contributed to the Monroe's per capita income growth. Additionally, while the metro area's 5.1% unemployment rate is high relative to the country as a whole, it is an improvement from its 2015 high of 7.4%.
14. Monroe, Louisiana
Per capita income growth in 2016: 3.4%
5 yr. per capita income growth: 9.1%
Per capita income: $40,614
May 2018 unemployment: 5.1%
Per capita income climbed for the third consecutive year in Monroe, Louisiana, in 2016. After increasing by 3.4% in 2016, per capita income in the metro area stood at $40,614, crossing the $40,000 threshold for the first time.
Per capita income growth was driven partially by employment and wage growth in one of the metro area's most dominant industries. Nearly one in every five private sector workers work in health care and social assistance. The industry's 2.4% wage growth and its 1.2% employment growth from 2015 to 2016 likely contributed to the Monroe's per capita income growth. Additionally, while the metro area's 5.1% unemployment rate is high relative to the country as a whole, it is an improvement from its 2015 high of 7.4%.
17
Posted on 8/7/18 at 2:35 pm to DavidTheGnome
10 reasons to move to the Mecca......... NOT
Posted on 8/7/18 at 2:36 pm to DavidTheGnome
So was Lake Charles apparently.
22. Lake Charles, Louisiana
Per capita income growth in 2016: 3.0%
5 yr. per capita income growth: 18.8%
Per capita income: $46,070
May 2018 unemployment: 3.7%
Per capita income in the Lake Charles metro area increased 3.0%, from $44,709 in 2015 to $46,070 in 2016, one of the largest spikes of any U.S. city. Over the same period, the national income per capita rose from $44,255 to $44,450, a 0.4% increase.
Income growth in the Lake Charles metro area is partially due to the area's construction boom. The city has been the site of significant industrial investment in recent years, including gas-to-liquids refineries and the Golden Nugget Lake Charles casino. Employment in the construction sector rose by 32.7% in 2016, the largest increase of any city. The average annual wage in the Lake Charles construction sector rose $2,193, a larger increase than in a majority of cities.
22. Lake Charles, Louisiana
Per capita income growth in 2016: 3.0%
5 yr. per capita income growth: 18.8%
Per capita income: $46,070
May 2018 unemployment: 3.7%
Per capita income in the Lake Charles metro area increased 3.0%, from $44,709 in 2015 to $46,070 in 2016, one of the largest spikes of any U.S. city. Over the same period, the national income per capita rose from $44,255 to $44,450, a 0.4% increase.
Income growth in the Lake Charles metro area is partially due to the area's construction boom. The city has been the site of significant industrial investment in recent years, including gas-to-liquids refineries and the Golden Nugget Lake Charles casino. Employment in the construction sector rose by 32.7% in 2016, the largest increase of any city. The average annual wage in the Lake Charles construction sector rose $2,193, a larger increase than in a majority of cities.
This post was edited on 8/7/18 at 2:37 pm
Posted on 8/7/18 at 2:36 pm to DavidTheGnome
Monroe is trash
This post was edited on 8/7/18 at 2:36 pm
Posted on 8/7/18 at 2:36 pm to DavidTheGnome
I had a really great job in Monroe, with plenty of room for growth...but at the end of the day I lived in Monroe. Left first chance I got
Posted on 8/7/18 at 2:36 pm to DavidTheGnome
I just can't imagine ever going back..I seriously don't even let my parents know when I drive through so that I don't have to stop
Posted on 8/7/18 at 2:37 pm to GrammarKnotsi
Good kid.
Posted on 8/7/18 at 2:38 pm to DavidTheGnome
quote:
Per capita income growth in 2016: 3.4%
5 yr. per capita income growth: 9.1%
quote:
Per capita income: $40,614
This post was edited on 8/7/18 at 2:46 pm
Posted on 8/7/18 at 2:38 pm to DavidTheGnome
centurylink doin' BUSINESS!
Posted on 8/7/18 at 2:39 pm to GrammarKnotsi
quote:
seriously don't even let my parents know when I drive through so that I don't have to stop
did i know you are from my hometown?
eta did we ever throw hands behind Sol's pipe yard?
This post was edited on 8/7/18 at 2:40 pm
Posted on 8/7/18 at 2:39 pm to CAD703X
quote:
centurylink doin' BUSINESS!
which is sad, but par for the La Tech scene...Pay them 40-50k and hope they don't know any better
Posted on 8/7/18 at 2:40 pm to DavidTheGnome
My wife’s family is from “Munroe”. It is a great town if you are into outdoors. We go back a couple times a year and I enjoy how convenient everything is but no real night life to speak of.
Posted on 8/7/18 at 2:40 pm to CAD703X
quote:
did i know you are from my hometown?
lol..I grew up in Calhoun..Grandparents were long time on Forsythe though
Posted on 8/7/18 at 2:42 pm to hottub
quote:
but no real night life to speak of.
private eyes and the mirage lounge say frick YOU
Posted on 8/7/18 at 2:43 pm to CAD703X
quote:
private eyes and the mirage lounge say frick YOU
Top Gun still around ?
Posted on 8/7/18 at 2:44 pm to hottub
quote:
no real night life to speak of.
idk...something about having an 80% chance of getting DUI at any given time was kinda exciting
Posted on 8/7/18 at 2:44 pm to GrammarKnotsi
Not even the building
Posted on 8/7/18 at 2:45 pm to nevilletiger79
quote:
Not even the building
shame..
Posted on 8/7/18 at 2:47 pm to GrammarKnotsi
I grew up in Monroe, left after State Farm closed. I was a regular at Cooter Bay and Top Gun. Odds are we know each other.
Posted on 8/7/18 at 2:48 pm to scott8811
quote:
idk...something about having an 80% chance of getting DUI at any given time was kinda exciting
yet there's a drive-through daquiri stand on every corner of lousville that has 2 32oz daquiris for $5 specials.
also, is uber in monroe yet?
that town is so small the fare to go from one side to the other is probably 63 cents.
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