Lafayette Parish Sales Tax Numbers Make Sizable Jump From 2018
2019 has been a big year for sales taxes in Lafayette Parish, so far, as taxable sales in Lafayette Parish continue to trend upward.
In numbers released by Lafayette Economic Development Authority, the Parish collected more than $464 Million in sales in February and have collected $952 Million so far. That’s up 7.0% from 2018 and up 8.2% from 2017 in year-to-date sales.
“Taxable sales have been on an upswing for the past two years, pointing to steady consumer confidence in the region,” says Gregg Gothreaux, President and CEO of the Lafayette Economic Development Authority. “When looking at taxable sales in relation to other indicators such as unemployment, home sales, and average weekly wage, Lafayette’s economy is showing strong signs of recovery. I encourage everyone to continue shopping local to support our retailers and our community.”
Total taxable sales are up in neighboring municipalities:
- Broussard (12.2%)
- Carencro (12.8%)
- Duson (14.3%)
- Scott (5.4%)
- Youngsville (11.9%)
- Unincorporated Areas of the Parish (21.5%)
Taking a closer look at the City of Lafayette, year-to-date sales are up in the following categories – Food, General Merchandise, Auto, Furniture, and Services (ranging from 15.6% to 1.3%).
Year-to-date sales are down in the following categories – Apparel and Miscellaneous/Other (2.8% and 1.1%, respectively).
Sales tax collection numbers are gathered by the Lafayette Parish School System.