51 Louisiana Business Stats & Facts For 2025

Here are 51 business stats about Louisiana for 2025.

Basics:

Population: 4,573,749 (US Census 2020)
Population desnity per square mile: 107.80
GDP: $309,601 (millions USD)
GDP Per Capita: $68,507
Median household income (in 2022 dollars): $57,852
Real GDP Growth Rate: 3.00%
Total Employment: 2.2m
Unemployment Rate: 3.7%

Rankings

% Share of National Economy:
State Economic Growth Rank (out of 50): 26
Population Growth Rank (out of 50): 49
Business Growth Rank (out of 50): 29
State Growth Rank in Employment (out of 50): 19

Biggest Industries In Louisiana By Revenue

1. Petroleum Refining: $123.5b
2. Oil Drilling & Gas Extraction: $44.7b
3. Plastic & Resin Manufacturing: $22.4b
4. Hospitals: $21.9b
5. Public Schools: $19.2b
6. Organic Chemical Manufacturing: $15.7b
7. Health & Medical Insurance: $15.3b
8. Gasoline & Petroleum Bulk Stations: $14.8b
9. New Car Dealers: $14.3b
10. Petrochemical Manufacturing: $14.1b

Biggest Employers In Louisiana

1. State of Louisiana: 67,044 (3.0%)
2. Jefferson Parish: 40,645 (1.8%)
3. Walmart Inc.: 35,992 (1.6%)
4. Fort Polk: 13,700 (0.6%)
5. City of Baton Rouge: 7,352 (0.3%)
6. Willis-Knighton Health System: 7,100 (0.3%)
7. The Home Depot, Inc.: 6,139 (0.3%)
8. Exxon Mobil Corporation: 6,000 (0.3%)
9. Acousti Engineering Company Of Florida: 5,000 (0.2%)
10. Amazon.Com, Inc.: 3,000 (0.1%)

Small Businesses In Louisiana

Number of Small Businesses 464,681
Percent of bossiness that are small businesses: 99.50%
Number of employees: 898,863
Share of Employment: 52.80%
Number of New Businesses In The Past Year: 12,364
Number of Businesses That Closed In The Past Year: 13,092
Net Change In New Businesses: -728

Number of Businesses With No Employees: 385,629
Number of Businesses with 1-19 Employees: 68,269
Number of Businesses with 20-499 Employees: 10,783
Share of Businesses Owned By Women: 46.50%
Share of Businesses Owned By Veterans: 7.00%
Share of Hispanic Owned Businesses: 5.10%
Share of Businesses Owned By Racial Minorities: 28.70%

Fortune 500 Companies In Louisiana

Number of Fortune 500 Headquaters: 2
Biggest Company: Lumen Technologies
Biggest Company Type: Telecommunications
Number of Employees: 29,000
Revenue (in millions): $17,478

Taxes In Louisiana

State Corporate Tax Rate:

• 3.50%
• 5.50%
• 7.50%

State Corporate Tax Rate Brackets:

• $0
• $50,000
• $150,000

State Sales Tax Rate: 4.45%
State Sales Tax Rank (out of 50): 37
Average Local Sales Tax Rate: 5.11%
Max Local Sales Tax Rate: 7.00%
Average Combined Sales Tax Rate: 9.56%
Combined Sales Tax Rank (out of 50): 1

Minimum State Income Tax Rate If You’re Single: 2.00%
Minimum State Income Tax Rate If You’re Married: 2.00%

General Louisiana Population Facts

In civilian labor force, total, percent of population age 16 years+: 58.70%
In civilian labor force, female, percent of population age 16 years+: 55.00%
Share of population which is foreign born: 4.20%
Mean travel time to work (minutes), workers age 16 years+: 26

Housing

Number of Housing Units: 2,124,961
Owner-occupied housing unit rate: 67.20%
Median value of owner-occupied housing units: $198,300
Median gross rent per month: $996
Households with a computer: 91.00%
Households with a broadband Internet subscription: 83.00%

Education

High school graduate or higher, percent of persons age 25 years+: 86.70%
Bachelor’s degree or higher, percent of persons age 25 years+: 26.10%

Also See

• Louisiana Registered Agent Services
• Louisiana Secretary of State Business Search
• How To Form an LLC In Louisiana
• Louisiana Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Louisiana
• https://www.ibisworld.com/united-states/economic-profiles/louisiana/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-LA.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/southwest/louisiana.htm#eag
• https://www.census.gov/quickfacts/fact/table/LA,US/PST045223
• https://www.50pros.com/fortune500