salary information

Salary Information for a Corporate Counsel in New Orleans, LA

Median salary:

This data reflects Total Cash for a Level 4 Corporate Counsel at a mid-size company. To get more detailed information on total compensation for the role of Corporate Counsel in New Orleans, LA, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

Behind the numbers

What is the adjusted total comp for a Corporate Counsel in New Orleans, LA?

Total Comp (TC)

Cost of Living (COL) Index

COL-Adjusted TC

Median Home Price

71.2

Total Comp (TC)

Cost of Living (COL) Index

71.2

COL-Adjusted TC

Median Home Price

What are the responsibilities of a Corporate Counsel in New Orleans, LA?

Corporate counsels (or in house counsel) are lawyers who work directly for a business or company. Rather than working for a variety of clients, they devote all their talents and energy to their employer. They provide legal protection and services to a company as a whole in addition to its employees

What are the characteristics of a level 4 Corporate Counsel?

A level 4 Corporate Counsel in New Orleans, LA is an extremely seasoned professional, one who is able to solve most issues and problems and uses their skills to drive company objectives and achieve goals. Average experience 8 years.

Quality of Life in New Orleans, LA with an Income of $170,325

Overview

New Orleans, LA offers a unique blend of culture, history, and lifestyle options that make living in the city an exceptional experience. With an annual salary of $170,325, residents can enjoy a relatively high quality of life when considering the cost of living and home prices compared to the broader United States. Below is an assessment of these factors:

Cost of Living

Overall Cost: The cost of living in New Orleans is slightly higher than the national average. However, it remains more manageable than other major metropolitan areas like New York or San Francisco.
Utilities and Transportation: Utilities and public transportation costs are on par with or slightly below the national average, providing some relief in overall living expenses.
Groceries and Dining: The cost of food and dining out is moderately priced, with numerous options ranging from budget-friendly to high-end dining.

Housing Market

Median Home Price: As of late 2023, the median home price in New Orleans is below the national average, making homeownership more accessible than in many other US cities.
Rentals: Rental prices have been increasing but are still competitive compared to larger cities. With a high income, renting offers access to premium living spaces and neighborhoods.
Real Estate Trends: The housing market shows a steady appreciation in value, making it a potentially lucrative investment opportunity.

Quality of Life

Cultural Scene: New Orleans is renowned for its vibrant cultural scene, including music, festivals, and cuisine, providing residents with rich, diverse experiences.
Recreational Activities: The city offers abundant recreational activities, from parks and sports to a rich nightlife.

Access to Healthcare

Healthcare Facilities: New Orleans hosts several reputable hospitals and clinics, ensuring access to quality medical care.
Insurance and Costs: Healthcare costs can be competitive with comprehensive health insurance, which is often affordable given a higher income bracket.

Quality of K-12 Schools

Public Schools: The quality of K-12 education varies with some highly-rated schools, although there are disparities that may require consideration when choosing neighborhoods.
Private and Charter Schools: There are numerous private and charter schools providing excellent educational alternatives.

Summary

Living in New Orleans, LA, with an annual salary of $170,325 provides a comfortable lifestyle thanks to a relatively manageable cost of living and access to affordable housing.

What is OpenComp?

OpenComp is a top-tier compensation software solution that helps businesses manage pay structures efficiently. Companies rely on OpenComp to:

Gain access to accurate salary insights
compare employee pay to market trends
Perform in-depth compensation analysis
Establish and oversee salary ranges
Generate employee reward summaries
Administer salary adjustment cycles

OpenComp aggregates multiple data sources to provide accurate salary data for New Orleans, LA, specifically for a Level 4 Corporate Counsel. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.