Salary & Cost of Living in New Iberia, LA
New Iberia, LA: $44,248 median salary, cost of living index 82.3, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$44,248
$21/hr
Cost of Living
82.3
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
4.1%
rate
New Iberia, LA Overview
Population
30,617
Median Salary
$44,248
Average Salary
$49,558
Avg Commute
17 min
Median Home Price
$208,000
Median Rent
$847/mo
Job Growth
+1%
Sales Tax
4.45%
New Iberia is located in Louisiana with a population of 30,617. The median household salary is $44,248 per year ($21/hour), which is $15,136 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +1%.
New Iberia Salary by Experience Level (2026)
Wage distribution in New Iberia, LA based on BLS percentile breakdown of the $44,248 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $27,434 | $13.19/hr | 0–2 years |
| Mid-Level (Median) | $44,248 | $21.27/hr | 3–7 years |
| Senior-Level | $62,832 | $30.20/hr | 8–15 years |
| Top 10% (90th Percentile) | $78,761 | $37.86/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
New Iberia Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in New Iberia, LA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$35,711
$2,975.94/month · $1,373.51/biweekly · Effective Rate: 19.3%
Gross Pay
$44,248
Federal Tax
-$3,271
State Tax
-$1,881
Local Tax
$0
FICA
-$3,385
Net Pay
$35,711
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,687.33 | $44,248.00 |
| Federal Income Tax | -$272.60 | -$3,271.26 |
| Louisiana State Tax (4.25%) | -$156.71 | -$1,880.54 |
| Social Security (6.2%) | -$228.61 | -$2,743.38 |
| Medicare (1.45%) | -$53.47 | -$641.60 |
| Net Take-Home Pay | $2,975.94 | $35,711.23 |
Salary Comparison: New Iberia vs Other Cities
See how New Iberia's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| New Iberia, LA | $44,248 | 82.3 | $53,764 |
| National Average | $59,384 | 100 | $59,384 |
| Slidell, LA | $44,246 | 92.8 | $47,679 |
| Goose Creek, SC | $44,272 | 94.8 | $46,700 |
| East Providence, RI | $44,274 | 103.8 | $42,653 |
| Minot, ND | $44,276 | 92.8 | $47,711 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in New Iberia
New Iberia's cost of living index is 82.3 (national average = 100). Living in New Iberia is 17.700000000000003% less expensive than the national average.
Median Home Price
$208,000
Median Monthly Rent
$847
Annual Rent Cost
$10,164
Your Salary's Purchasing Power
Your $35,711 annual take-home pay in New Iberia has the purchasing power of approximately $43,392 in an average-cost US area. Your $44,248 salary stretches further here than in most US cities.
Top Industries in New Iberia
New Iberia's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $44,248.
Salary Tips for New Iberia Workers
- Your salary goes further here. New Iberia has a cost of living 17.700000000000003% below the national average. A salary of $44,248 here has the purchasing power of about $53,764 in an average-cost area.
- Research top industries. New Iberia's top industries include Energy, Petrochemical, Tourism. Targeting roles in these sectors can help you earn above the $44,248 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate New Iberia salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the New Iberia-LA metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with New Iberia indexed at 82.3.
- Median salary calculation: weighted average of New Iberia's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $44,248 annual median.
- Tax burden reflects Louisiana state income tax (4.25%) (no local income tax), sales tax (4.45%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for New Iberia: 4.1%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Energy, Petrochemical, Tourism — based on QCEW employment concentration data.
- Job growth: 1% projected through 2034, derived from BLS Employment Projections program for Louisiana.
- Housing context: median home price $208,000, median rent $847/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for New Iberia, LA:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — New Iberia unemployment rate
- U.S. Census Bureau — New Iberia QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Louisiana — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. New Iberia's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Louisiana labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in New Iberia, LA?
The median salary in New Iberia, LA is $44,248 per year, or $21 per hour. The average salary is $49,558. This is $15,136 below the national median of $59,384.
What is the cost of living in New Iberia, LA?
New Iberia's cost of living index is 82.3 (national average = 100), meaning it is 17.700000000000003% less expensive compared to the national average. The median home price is $208,000 and the median monthly rent is $847.
What are the best industries in New Iberia?
The top industries in New Iberia, LA include Energy, Petrochemical, Tourism. The city has a job growth rate of 1% and an unemployment rate of 4.1%. Workers in these industries often earn above the city's median salary of $44,248.
How does New Iberia's salary compare to other cities?
New Iberia's median salary of $44,248 is 25.5% below the national median of $59,384. However, when adjusted for cost of living (index: 82.3), the real purchasing power is approximately $53,764.
What is the minimum wage in New Iberia, LA?
The minimum wage in New Iberia, LA is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.