Income & Economy in Lake Charles city, LA (70605)
Median Income
$88,337
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,611
Wealth inflow
Population
40,715
Unemployment
3.1%
0.6pp below US avg
IRS migration statistics show a net inflow of about 1,611 for ZIP 70605 (Lake Charles city, LA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 70605 (2020–Present)
Since 2020, population grew 6.4%, median income rose 5.9% (inflation-adjusted), home values increased 9.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $88,337 |
| Unemployment | 3.1% |
| Establishments | 961 |
| Employees | 12,377 |