Income & Economy in Hammond city, LA (70403)
Median Income
$50,547
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,220
Wealth inflow
Population
30,835
Unemployment
6.1%
2.4pp above US avg
IRS migration statistics show a net inflow of about 1,220 for ZIP 70403 (Hammond 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 70403 (2020–Present)
Since 2020, population grew 0.0%, median income fell 14.4% (inflation-adjusted), home values decreased 0.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $50,547 |
| Unemployment | 6.1% |
| Establishments | 806 |
| Employees | 16,120 |