Bayou Jam, July 8, 2018
The Bayou Jam presents Big Al and the Heavyweights in Slidell.
Bayou Jam
Heritage Park
1701 Bayou Lane
Slidell, LA 70458
July 8, 2018
5:30pm – 7:30pm
Free Event!
Click Here for More Information!
Construction Industry Annual Salary More Than the US Median Wage
The median wage in the U.S. is below $37,000.00 a year. The Occupational Employment Statistics (OES), a study done by the Bureau of Labor Statistics (BLS), reports that half of the construction workers in the country make more than $45,820.
The construction trade’s tops income producers are elevator installers. According to the OES half earn over $79,000 a year with the top
25% pulling in $98,890. The second top paying jobs are rotary drill operators making close to $70,000 and third highest paid are the boilermakers making over $65,380.
Most of the top paying crafts in construction require formal education, specialized training or licensing. Building inspectors (median wages $58,300), electricians and plumbers (both earning over $52,000) make up these craftsmen. Carpenters require less formal education and make up most of the jobs in the industry. As mentioned earlier, the median wage earned was over $45,370 with the highest paid 25% making $60,470 per year.
Within the construction industry OES publishes wages for approximately 380 occupations in construction that include not only the construction trade but workers in finance, sales, administration, and other off-site activities. The highest paid occupation is the Chief Executive Officers (CEO) who pull in an average of over $167,000 a year, after that the Petroleum engineers make a median wage of $159,330, lawyers at $134,010, flight engineers come in with $127,130, and architectural and engineering managers earn an average of over $124,030.
David L. Waltemath to Be Honored by City Business in New Orleans
Honorees Chosen for 2018 ‘Excellence in Construction and Real Estate’ Class
David L. Waltemath has been nominated by City Business in New Orleans as an Honoree for the Excellence in Construction and Real Estate class of 2018. He and his companies Classic Properties and Waltemath Interests will be profiled and honored by City Business for the Development category.
A special Excellence in Construction and Real Estate insert profiling all honorees will run in the September 28 issue of CityBusiness, and an event will be held to celebrate this year’s winners on September 10 from 5-7:30 p.m. at the New Orleans Museum of Art. For ticket information contact Marilyn Miller at 504-293-9201 or [email protected]. Reservations can be made online here. For more information contact Web Editor/Event Coordinator Meghan Keen at 504-293-9253 or [email protected].
Property Taxes: A Steady Income for Local and State Revenue
Property tax shares have been on the rise for the past five and a half years. NAHB reports that the Census Bur
eau’s quarterly tax data concludes that $573 billion in property taxes were paid in the four quarters of 2017. While individual income tax receipts grew 5.4%, property tax revenues were the biggest increase at 6% as major income sources of state and local tax revenue.
State an
d local share of total receipts include property taxes at 40.4%, individual income taxes at 28.5%, sales taxes at 27.3% and corporate taxes at 3.8%. Property taxes has remained steady above 40% for four consecutive quarters since 2012-2013. Non-property tax receipts that include individual income, corporate income and sales tax revenues change often and have been sensitive to the market while property tax collections have been stable.
Property taxes stability stems from the long-term stable property values and the lagging time in assessments and annual adjustments. According to NAHB property taxes have increased the majority of the past ten quarters. The ratio of property tax revenue to total tax revenue is stable at more than 3% points above its pre-housing boom average of 37%.
Fireworks Celebration, July 4, 2018
Come enjoy the fireworks in Hammond.
Zemurray Park,
600 S. Oak St.
Hammond, LA
July 4, 2018
6pm – 9:30pm
Free Event!
Click Here for More Information!
Old Fashioned 4th of July Celebration, July 4, 2018
Old Fashioned 4th of July Celebration is presented by The Madisonville Chamber of Commerce.
Madisonville Riverfront
Water Street
Madisonville, LA 70447
July 4, 2018
11am – 8:30pm
Free Event!
Click Here for More Information!
Catch Up on Houzz!
