Everything You Need to Know About the City of Lake Charles Louisiana

In 2017, Lake Charles, Louisiana had a population of 75.2k people with a median age of 35 and a median household income of $40,910. Between 2016 and 2017 the population of Lake Charles, LA grew from 75,044 to 75,194, a 0.2% increase, and its median household income grew from $37,465 to $40,910, a 9.2% increase.

The number of inhabitants in Lake Charles, LA is 48.1% Black or African American Alone, 43.4% White Alone, and 3.51% Hispanic or Latino. N/A% of the people in Lake Charles, LA speak a non-English language, and 98.2% are U.S. citizens.

The largest universities in Lake Charles, LA are SOWELA Technical Community College (2,584 degrees awarded in 2017), McNeese State University (1,477 degrees), and Unitech Training Academy-Lake Charles (113 degrees).

The median property value in Lake Charles, LA is $145,900, and the homeownership rate is 52.4%. Most people in Lake Charles, LA commute by Drove Alone, and the average commute time is 16.3 minutes. The average car ownership in Lake Charles, LA is 2 cars per household.

 

Education in Lake Charles

In 2017, universities in Lake Charles, LA awarded 4,299 degrees. The student population of Lake Charles, LA is skewed towards women, with 4,774 male students and 6,487 female students.

Most students graduating from Universities in Lake Charles, LA are White (3,119 and 74.3%), followed by Black or African American (732 and 17.4%), Unknown (93 and 2.21%), and Two or More Races (87 and 2.07%).

The largest universities in Lake Charles, LA by the number of degrees awarded are SOWELA Technical Community College (2,584 and 60.1%), McNeese State University (1,477 and 34.4%), and Unitech Training Academy-Lake Charles (113 and 2.63%).

The most popular majors in Lake Charles, LA are Other Industrial Production Technology (780 and 18.1%), Instrumentation Technology (441 and 10.3%), and General Studies (245 and 5.7%).

The median tuition costs in Lake Charles, LA are $N/A for private four-year colleges, and $5,148 and $13,186 respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Lake Charles

The economy of Lake Charles, LA utilizes 34.5k people and Lake Charles has a joblessness rate of 3.8%. Lake Charles has seen the job market increase by 3.3% throughout the most recent year. Future job development throughout the following ten years is anticipated to be 54.2%, which is higher than the US average of 33.5%. The biggest ventures in Lake Charles, LA are Health Care and Social Assistance (6,270 people), Retail Trade (4,101 people), and Accommodation and Food Services (3,828 people), and the most paying businesses are Manufacturing ($60,868), Wholesale Trade ($54,792), and Professional, Scientific, and Technical Services ($49,412). 

Households in Lake Charles, LA have a median yearly income of $40,910, which is not exactly the median yearly income of $61,937 over the whole United States. This is in contrast with a median income of $37,465 in 2016, which speaks to a 9.2% yearly development. 

 

Tax Rates for Lake Charles 

– The Sales Tax Rate for Lake Charles is 10.2%. The US average is 7.3%. 

– The Income Tax Rate for Lake Charles is 6.0%. The US average is 4.6%. 

– Tax Rates can have a major effect when Comparing the Cost of Living. 

 

Income and Salaries for Lake Charles 

– The average income of a Lake Charles inhabitant is $23,475 every year. 

– The Median household income of a Lake Charles inhabitant is $35,830 every year.