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- Meta, Facebook's parent company, announced a $5 billion investment to build an AI data center in Holly Ridge, near Monroe, Louisiana. The facility, located on the 1,440-acre Franklin Farms Megasite, will be supported by three new natural gas power plants proposed by Entergy. This development aims to enhance local infrastructure and boost the regional economy. The Louisiana Public Service Commission is reviewing the utility's proposals to facilitate the project.
According to the 2020 US census, the population of Monroe, LA was 47,906.
The average property price in Monroe, LA is $141,808.
The property prices in Monroe, LA are currently on an increasing trend.
The average rent value in Monroe, LA is $1,063.
The average household income in Monroe, LA is $60,153.