top of page

Baton Rouge Economic Growth Update

  • quintonrenfro
  • Dec 13, 2023
  • 2 min read

The Baton Rouge Chamber recently release an in-depth look at job growth in Louisiana through 2024 and their projections show that the Baton Rouge region will grow 2X as fast as another region in the State! It's really quite remarkable that our region - which represents about 23% of the population of the state will account for almost 1/3 (31.3%) of the job growth in the next year or so. I encourage you to click on the link above and spend some time reviewing the BRAC website - there's a TON of great information about Baton Rouge and our industry and economic detailed research available.


The Baton Rouge area is projected to add over 18,000 of the 58,000 jobs expected to be created in the state between 2022 & 2024. A by-product of this sustained job growth in our region is further reflected in a number of regional parishes showing spiking middle-class income growth and declining poverty rates.


In addition, our region hosts 3 of the top 5 public school districts in the entire state which has helped to drive population growth of 22,000 into the Greater Baton Rouge area over the last 10 years.


This type of job and population growth is what continues to drive our rather robust housing market. We need more houses to support this type of population growth and while builders are stepping up, its not enough to fully accomodate our growth.


Are you interested in buying or selling a home? I'd love to visit with you, no pressure! Call, text or e-mail me.


Interested in searching online for available homes in the Baton Rouge market? Click on this link to go to my website. It will require you to register to fully browse, but your contact information will come directly to me. You can search freely on my site and contact me when you are ready to speak!

Comments


©2035 by Jonah Altman. Powered and secured by Wix

bottom of page