Income & Economy in Shreveport city, LA (71118)
Median Income
$56,952
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+989
Wealth inflow
Population
24,994
Unemployment
9.2%
5.5pp above US avg
IRS migration statistics show a net inflow of about 989 for ZIP 71118 (Shreveport 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 71118 (2020–Present)
Since 2020, population grew 6.0%, median income rose 8.0% (inflation-adjusted), home values decreased 3.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,952 |
| Unemployment | 9.2% |
| Establishments | 410 |
| Employees | 5,028 |