Caddo Parish is vibrant, innovative, and growth oriented. Building a dynamic future upon the foundation of its past, Caddo Parish has a unique history reflecting its beginnings as “the gateway to the West”.
Caddo Parish Competitive Advantages Help Businesses Succeed
Nationally recognized in the top ten for economic development by Site Selection, Caddo Parish is connected globally by a multi-modal transportation system of ports, interstates, U.S. highways, rail, and air service. With an estimated 2019 population of 243,505 residents, Caddo Parish supports one of the most diverse economies of its size. The median household income is $39,177.
Recognized by Forbes magazine and KPMG Competitive Alternatives as themost cost competitive in the nation and in North America, respectively, Caddo Parish offers both value and quality. Boasting a civilian labor force of 102,311, Caddo Parish provides a quality workforce, a business-friendly environment and an infrastructure that helps businesses succeed nationally and globally. Caddo Parish’s unemployment is 5.5% (August 2019).
Caddo Parish Communities
Caddo Population Demographics
Caddo Workplace Statistics
Caddo's Multi-modal Transportation System
Major Caddo Parish Employers
Tax Structure: Cost of Doing Business
Caddo Parish Communities
|
• Belcher |
• Ida |
|
• Blanchard |
• Mooringsport |
|
• Dixie |
• Oil City |
|
• Gilliam |
• Rodessa |
|
• Greenwood |
• Shreveport-Parish Seat |
|
• Hosston |
• Vivian |
Caddo Parish Population Demographics
|
Demographics |
|
|
2010 Census |
2019 Estimate |
2024 Estimate |
|
Population |
254,969 |
243,505 |
239,627 |
|
Households |
102,139 |
99,201 |
98,185 |
|
Median Age (2019) |
37.6 |
|
5-Year Population Growth Projection (2024) |
(1.59%) |
|
Race (2019 Estimate) |
|
White |
45.54% |
|
African American |
49.71% |
|
American Indian or Alaska Native |
0.45% |
|
Asian |
1.35% |
|
Other |
2.95% |
|
Income (2019 Estimate) |
|
Median Household Income |
$39,177 |
|
Average Household Income |
$61,399 |
|
Educational Attainment (2019 Estimate) |
|
Some High School, No Diploma |
9.80% |
|
High School Graduate |
34.20% |
|
Some College or Associate Degree |
29.37% |
|
Bachelor's Degree |
13.99% |
|
Master's, Professional or Doctorate |
8.57%
|
|
Average Weekly Wage (Q1 2019) |
|
Average Weekly Wage |
$859 |
Source: Nielsen Segementation & Market Solutions, Pop-Fact Demographics 2019; Louisiana Workforce Commission
Caddo Parish Transportation System
|
Major Interstates |
I-20, I-49, I-220, Planned I-69 |
|
Major Highways |
US 71, US 79, US 80, US 171
LA 1, LA 2 |
|
Ports |
-
Port of Shreveport Bossier - 5 miles
-
Red River Port - 48 miles
-
Natchitoches Port - 70 miles
-
Ouachita Terminals - 99 miles
|
|
Class 1 Railroads |
-
Kansas City Railroad (KCS)
-
Union Parish (UP)
-
Burlington Northern Santa Fe (BNSF)(Uses UP tracks)
|
|
Airports |
-
Shreveport Regional Airport -8.2 miles
|
*Based on distance from parish seat
**All North Louisiana Ports are connected to deepwater ports.
Tax Structure: Cost of Doing Business
|
State Corporate Income Tax |
-
4% on the first $25,000 of net income
-
5% on the next $25,000
-
6% on the next $50,000
-
7% on the next $100,000
-
8% on the excess of $200,000
-
Louisiana uses single sales factor
|
|
State Corporate Franchise Tax |
-
$1.50 per $1,000 or major fraction thereof up to $300,000
-
$3.00 per $1,000 or major fraction thereof in excess of $300,000
-
The initial corporation franchise tax is $110
|
|
Unemployment Insurance Tax |
-
The 2017 wage base is $7,700
-
Standard rate range is .10% - 6.2%
-
Rate for new employers is the average rate for the particular industry
-
Maximum unemployment weekly benefit is 1/2 of the claimant's previous wage earnings for 26 weeks
|
|
2018 Parishwide Millage (Property Tax) Rate
|
135.6 mills* |
|
Total Sales Taxes in Unincorporated Caddo Parish
|
8.35%**
|
|
Total Sales Taxes in Shreveport
|
9.60%
|
|
Total Sales Taxes in Vivian
|
9.80%
|
|
Total Sales Taxes in Oil City
|
9.80%
|
|
Total Sales Taxes in Mooringsport
|
9.80%
|
|
Total Sales Taxes in Greenwood
|
8.80%
|
|
Total Sales Taxes in Rodessa
|
9.80% |
|
Total Sales Taxes in Blanchard
|
9.80% |
|
Total Sales Taxes in Ida
|
10.80% |
* To calculate property tax, multiply the assessed value of the property by the appropriate millage rate. The assessed value is the fair market value of the property times 10% for real property or 15% for personal property.
** Sales taxes include a 5% state tax along with a local portion