Salary & Cost of Living in Shreveport, LA
Shreveport, LA: $45,000 median salary, cost of living index 83, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$45,000
$22/hr
Cost of Living
83
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
5%
rate
Shreveport, LA Overview
Population
187,593
Median Salary
$45,000
Average Salary
$50,000
Avg Commute
22 min
Median Home Price
$135,000
Median Rent
$800/mo
Job Growth
+0.5%
Sales Tax
8.6%
Shreveport is located in Louisiana with a population of 187,593. The median household salary is $45,000 per year ($22/hour), which is $14,384 below the national median of $59,384. The average commute time is 22 minutes, and the city has a job growth rate of +0.5%.
Shreveport Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Shreveport, LA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$36,846
$3,070.50/month · $1,417.15/biweekly · Effective Rate: 18.1%
Gross Pay
$45,000
Federal Tax
-$3,362
State Tax
-$1,350
Local Tax
$0
FICA
-$3,443
Net Pay
$36,846
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,750.00 | $45,000.00 |
| Federal Income Tax | -$280.13 | -$3,361.50 |
| Louisiana State Tax (3%) | -$112.50 | -$1,350.00 |
| Social Security (6.2%) | -$232.50 | -$2,790.00 |
| Medicare (1.45%) | -$54.38 | -$652.50 |
| Net Take-Home Pay | $3,070.50 | $36,846.00 |
Salary Comparison: Shreveport vs Other Cities
See how Shreveport's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Shreveport, LA | $45,000 | 83 | $54,217 |
| National Average | $59,384 | 100 | $59,384 |
| Cicero, IL | $45,000 | 88 | $51,136 |
| Jackson, MS | $45,000 | 82 | $54,878 |
| Paterson, NJ | $45,000 | 105 | $42,857 |
| Las Cruces, NM | $45,000 | 87 | $51,724 |
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 Shreveport
Shreveport's cost of living index is 83 (national average = 100). Living in Shreveport is 17% less expensive than the national average.
Median Home Price
$135,000
Median Monthly Rent
$800
Annual Rent Cost
$9,600
Your Salary's Purchasing Power
Your $36,846 annual take-home pay in Shreveport has the purchasing power of approximately $44,393 in an average-cost US area. Your $45,000 salary stretches further here than in most US cities.
Top Industries in Shreveport
Shreveport's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $45,000.
Salary Tips for Shreveport Workers
- Your salary goes further here. Shreveport has a cost of living 17% below the national average. A salary of $45,000 here has the purchasing power of about $54,217 in an average-cost area.
- Research top industries. Shreveport's top industries include Healthcare, Gaming, Energy. Targeting roles in these sectors can help you earn above the $45,000 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.
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Frequently Asked Questions
What is the median salary in Shreveport, LA?
The median salary in Shreveport, LA is $45,000 per year, or $22 per hour. The average salary is $50,000. This is $14,384 below the national median of $59,384.
What is the cost of living in Shreveport, LA?
Shreveport's cost of living index is 83 (national average = 100), meaning it is 17% less expensive compared to the national average. The median home price is $135,000 and the median monthly rent is $800.
What are the best industries in Shreveport?
The top industries in Shreveport, LA include Healthcare, Gaming, Energy. The city has a job growth rate of 0.5% and an unemployment rate of 5%. Workers in these industries often earn above the city's median salary of $45,000.
How does Shreveport's salary compare to other cities?
Shreveport's median salary of $45,000 is 24.2% below the national median of $59,384. However, when adjusted for cost of living (index: 83), the real purchasing power is approximately $54,217.
What is the minimum wage in Shreveport, LA?
The minimum wage in Shreveport, 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.