Back to St. Tammany Parish

St. Tammany Parish

Louisiana | Economic Development Report

TerraMetrics

May 9, 2026

Population: 278KGDP: $13.5BAI Exposure: 48/100Establishments: 7,500Farms: 350

Total Employment

95.0K

Resilience Score

79/100

Diversification

104/100

Net Impact (Probable)

+1.3K

STEEPE Disruption Profile (Probable)

Ecological Stress
69
State: 88US: 38(-19 vs state)

Ecological stress score 73/100 driven by regional climate patterns and resource dependencies.

Highest homeownership in Louisiana.

Economic Disruption
62.46
State: 72US: 74(-9.54 vs state)

Median household income $82K (+35.5% vs state median) -- well above state average, providing economic cushion.

Unemployment 4.1% with 128,000 total employed. Poverty rate 10%.

Political Risk
60.84
State: 62US: 52(-1.1599999999999966 vs state)

Metro jurisdiction -- larger government apparatus with more regulatory complexity.

Economic Vitality: competitive -- strong governance capacity and fiscal health reduce political risk.

AI > AGI > ASI
56
State: 32US: 94(+24 vs state)

AI Exposure Index: 48/100 -- lower vulnerability to AI-driven workforce disruption.

Highest risk sector: Insurance/financial back-office (Gilsbar, Netchex HR automation)

Education Value
52
State: 38US: 72(+14 vs state)

38.9% bachelor's+ attainment -- above-average workforce readiness for knowledge-economy transition.

93.3% high school+ completion rate -- strong foundation for workforce training programs.

Bitcoin Adoption
38
State: 30US: 72(+8 vs state)

No significant financial sector employment -- BTC adoption impact is indirect through consumer behavior and investment flows.

Higher household income ($82K median) correlates with greater crypto adoption and investment exposure.

Social Trust
31.92
State: 55US: 55(-23.08 vs state)

10% poverty rate creates moderate social service pressure.

Population growing (+4.9% since 2020) brings new residents but can stress existing community bonds.

CBDC Rollout
13
State: 12US: 12(+1 vs state)

Lower poverty (10%) means most residents already have bank access. CBDC impact would be through payment efficiency, not financial inclusion.

Retail/hospitality sector (10.1%) would be early adopters of CBDC point-of-sale infrastructure.

Quantum Readiness
6
State: 18US: 82(-12 vs state)

Research institutions (Northshore Technical Community College) provide local quantum/STEM workforce pipeline, though direct quantum compute facilities are rare outside major metro areas.

38.9% bachelor's+ rate provides a STEM-capable workforce base for post-quantum cryptography (PQC) migration.

Industry Sectors (CBP)

Healthcare & Social Assistance
15.0K
Retail Trade
11.0K
Construction
8.0K
Professional & Technical Services
7.0K
Accommodation & Food Services
7.0K
Manufacturing
4.5K
Finance & Insurance
4.0K
Transportation & Warehousing
3.0K

Signature: Healthcare Services - 4 major hospital systems, Northshore Healthscape initiative. St. Tammany Health System, Ochsner, LCMC, Slidell Memorial.

AI Vulnerability

  • Insurance/financial back-office (Gilsbar, Netchex HR automation)
  • Retail trade (10% of employment)
  • Healthcare admin (scheduling, billing, coding)
  • Logistics/distribution operations

AI Benefiting

  • Healthcare delivery (AI diagnostics at 4 hospital systems)
  • Satellite/telecom (Globalstar AI network management)
  • Professional services (AI-augmented consulting)
  • Biomedical research (Tulane Primate Center computational biology)
  • Insurance tech (Gilsbar, Netchex AI platforms)

Target Industries

1. Healthcare Services & Life Sciences- 4 major health systems with 1000+ employees each, Northshore Healthscape initiat
2. Corporate Headquarters & Professional Services- POOLCORP, Globalstar, Gilsbar, Netchex HQs in Covington corridor, growing from N
3. Satellite & Telecommunications Technology- Globalstar HQ, IoT/satellite connectivity, emerging space-adjacent tech.
4. Distribution & Logistics- J.M. Smuckers, Associated Wholesale Grocers, Rooms to Go distribution centers, I
5. Insurance & Financial Technology- Gilsbar, Netchex, Fidelity Homestead, AI-enhanced payroll/HR/benefits platforms.

Agricultural Economy (USDA 2022)

Farms: 350
Farmland: 30K ac
Market Value: $30M
Net Income: $3M

Top Commodities:

Horses & ponies (equine)$10M
Nursery, greenhouse, floriculture$8M
Timber & forest products$5M
Cattle & calves$4M
Crops 40%Livestock 60%

Cities & Towns (ACS 2024)

Slidell28K pop | $60K HHI
Healthcare & Social Assistance (16%)
Retail Trade (12%)
Construction (9%)
Covington11K pop | $55K HHI
Professional & Technical Services (15%)
Healthcare & Social Assistance (14%)
Finance & Insurance (10%)
Mandeville13K pop | $95K HHI
Healthcare & Social Assistance (18%)
Professional & Technical Services (12%)
Educational Services (10%)

Sector Impact Analysis (Probable Future)

Healthcare & Social Assistance
+1.9K
Retail Trade
-911
Construction
+621
Professional & Technical Services
+553
Accommodation & Food Services
-534
Transportation & Warehousing
-257
Manufacturing
-214
Information
+127

Net employment change by sector under probable futures scenario. Green = growth, Red = displacement risk.

Ranked Opportunities

1. Healthcare Workforce Pipeline

78/100

Address healthcare worker shortages by building accelerated training programs, especially for AI-augmented care roles.

1-2 yearsPotential: 750 new jobs, $45.0M annual payroll
  • -Fund nursing and allied health accelerated degree programs
  • -Create AI-health technician certification (diagnostic AI, robotic surgery assist)
  • -Develop retention programs: housing assistance, student loan repayment

2. AI Healthcare Innovation Cluster

71/100

Leverage existing healthcare employment density to attract AI health startups, clinical trial operations, and telehealth infrastructure.

2-5 yearsPotential: 750 new jobs, $45.0M annual payroll
  • -Recruit AI-health startups with co-location incentives near hospital systems
  • -Establish clinical data partnerships between hospitals and AI researchers
  • -Create telehealth infrastructure fund for rural patient access expansion

3. Technology & Remote Work Hub

69/100

Attract remote-first tech companies and satellite offices by promoting quality of life, lower costs, and existing professional workforce.

1-2 yearsPotential: 350 new jobs, $22.5M annual payroll
  • -Build co-working spaces with gigabit fiber in downtown cores
  • -Create tech worker relocation incentives (housing, property tax abatement)
  • -Establish partnerships with remote-first companies for local hiring

4. Modular & AI-Designed Construction

63/100

Position construction workforce for the modular housing revolution where AI designs and factories produce housing components.

2-5 yearsPotential: 400 new jobs, $20.0M annual payroll
  • -Recruit modular home manufacturers with industrial site incentives
  • -Retrain construction workers in prefab assembly and AI design tools
  • -Create affordable housing zones using modular construction fast-track permits

Under the probable future, this county's strongest opportunity is healthcare workforce pipeline (feasibility: 78/100). The economic outlook is net positive with 1,317 potential new positions. Additionally, ai healthcare innovation cluster scores 71/100 feasibility.

Key Traits

Wealthiest parish in Louisiana (median HH $82K vs state $61K)Fastest-growing parish in greater New OrleansNorthshore suburb connected via Lake Pontchartrain Causeway (world's longest bridge)Top-rated public schools in LouisianaFour major healthcare systems creating a services clusterCorporate HQ cluster in Covington (POOLCORP, Globalstar, Gilsbar, Netchex)Reclassified to own MSA (Slidell-Mandeville-Covington) in 2023Low crime rates relative to neighboring Orleans Parish

Major Employers

Ochsner Health System

St. Tammany Health System

Slidell Memorial Hospital

Chevron (regional office)

POOLCORP (HQ, NYSE:POOL)

Globalstar (satellite telecom HQ)

Gilsbar (insurance HQ)

Rotolo Consultants

Textron Marine & Land Systems

Tulane National Primate Research Center

WARN Act Notices (Recent)

CompanyDateWorkersType
Slidell Memorial Hospital (support staff)2020-04-1555layoff
Boomtown Casino (Pinnacle)2020-03-2545layoff
Gilsbar LLC2023-06-1540layoff
Rooms To Go Distribution Center2024-03-0160layoff

Louisiana Economic Incentives

Quality Jobs Program

Cash rebate on new payroll for qualifying companies creating well-paying jobs. Louisiana's flagship incentive providing ...

rebate

Enterprise Zone Program

State income and franchise tax credits for job creation in designated enterprise zones. Provides $2,500 per new job crea...

tax_credit

Industrial Tax Exemption Program (ITEP)

Property tax abatement on new manufacturing investment. Provides an 80% exemption on ad valorem property taxes for up to...

exemption

Digital Interactive Media and Software Development Incentive

Refundable income tax credits for digital media and software development expenditures in Louisiana. Designed to attract ...

tax_credit

Technology Commercialization Credit

Tax credits for businesses investing in the commercialization of Louisiana university research. Supports the translation...

tax_credit

Competitive Projects Payroll Incentive

Enhanced payroll rebate for large-scale competitive projects that Louisiana is pursuing against other states. Provides f...

rebate

St. Tammany Economic Development CorporationTHRIVE 2029

Target Sectors

Advanced ManufacturingLogistics & DistributionR&DHealth & ScienceSustainable Businesses

Active Programs

  • Advance St. Tammany (BRE assistance)
  • Gulf South Commerce Park (~1000 acres)
  • Northshore Healthscape (3-parish healthcare pilot)
  • Startup Northshore
  • InveST St. Tammany incentive portal

Recent Wins

NameInvestmentJobsYear
Textron Systems $5.8M military expansion 133 new + 761 retained jobs$5.8M1332026
Laborde Products $5.8M operations center$5.8M-2025
Cold storage facility $45.9M$45.9M-2024

Preferred Future Actions

PriorityDimensionActionImpactControl
highEconomic DisruptionReduce Health Care & Social Concentration Risk+5local
highEducation ValuePre-emptive Reskilling Pipeline: Insurance/financial back-office+5local
highEducation ValueSector-Aligned K-12 + Community College Pipeline+5local
highAI > AGI > ASILeverage Broadband Advantage for AI Sector Growth+4local
highEducation ValueRegistered Apprenticeship Expansion: Health Care & Social+4local
highSocial TrustPre-Positioned Displaced Worker Rapid Response+4local
mediumEcological StressClimate Resilience Infrastructure Investment+4local
mediumEducation ValueSector-Pivot Scholarship Voucher+3local
highEconomic DisruptionNorthshore Corporate HQ Recruitment Accelerator+7local
highAI > AGI > ASIHealthcare AI Innovation Network+6local
mediumEcological StressResilience-as-Competitive-Advantage Branding+5local

Projected Impact Summary

Education Value
57 + 17 = 74
Economic Disruption
55 + 12 = 67
AI > AGI > ASI
50 + 10 = 60
Ecological Stress
73 + 9 = 82
Social Trust
58 + 4 = 62

Total Impact

+52 pts

11 actions

Local Control

100%

11 of 11 actions

Critical Actions

0

highest priority

Impact estimates are modeled projections based on STEEPE dimension sensitivity analysis. Actual outcomes depend on implementation quality, timing, and external conditions.

Data Sources

Census CBP 2022, USDA Census of Agriculture 2022, Census ACS 2024, BLS QCEW, BEA County GDP, WARN Act Notices, TerraMetrics STEEPE Engine. Census QuickFacts: St. Tammany Parish. BEA: St. Tammany GDP. InveST St. Tammany.

Definitions

STEEPE Framework: A multi-dimensional disruption assessment covering Social, Technology (AI, Blockchain, CBDC, Quantum), Ecological, Economic, Political, and Education. Each dimension is scored 0-100, where higher values indicate greater disruption intensity. Scores shown in this report reflect the Probable scenario projection.

Resilience Score (0-100): How well-positioned a county is to absorb economic disruption. Calculated from economic diversification (40%), opportunity-to-threat ratio (35%), and average sector wage levels (25%). Higher scores indicate greater capacity to weather change.

Diversification Score (0-100): Economic diversity across industry sectors, based on the inverted Herfindahl-Hirschman Index (HHI). A score of 100 indicates a perfectly diversified economy; lower scores indicate concentration in fewer sectors, increasing vulnerability to sector-specific shocks.

AI Exposure Score (0-100): Degree of exposure to AI-driven disruption based on knowledge worker concentration, tech company density, and manufacturing automation exposure. Higher scores indicate greater exposure, meaning both higher risk of displacement and higher potential for AI-driven growth.

Futures Cone (Probable / Possible / Preferable): Based on the Voros (2003) futures cone methodology. Probable represents where current trends lead (highest confidence). Possible covers what could happen across a wider range of conditions. Preferable describes the abundant future that proactive policy and investment can build toward.