Baker, LA Economy


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Baker, LA is a small city located in the state of Louisiana. It is known for its friendly atmosphere and laid-back lifestyle. It is a great place to live and work due to its affordable cost of living compared to other parts of the country. On average, 2 bedroom rent in Baker, LA is $980 while it costs an average of $1,430 in the US. Additionally, according to the Grocery Cost Index, Baker has a lower cost than the US with 95 versus 100 respectively.
The city’s local businesses are thriving as well. Some popular companies include Cajun Industries LLC, Plantation Homes LLC and Prince Manufacturing Inc., all providing quality services in the area. With its low cost of living combined with diverse and professional businesses, Baker is becoming an ideal place for people looking for a relaxed lifestyle without breaking the bank.

Baker has an unemployment rate of 6.2%. The US average is 6.0%.

Baker has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for Baker
- The Sales Tax Rate for Baker is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Baker is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Baker
- The average income of a Baker resident is $18,661 a year. The US average is $28,555 a year.
- The Median household income of a Baker resident is $55,371 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaker, LouisianaUnited States
  6.26
  -5.0%-6.2%
  25.9%33.5%
  10.0%6.2%
  6.0%4.6%
  $29,321$37,638
  $55,371$69,021
  $68,032$85,028
  Population by Occupation
  2.1%1.2%
  0.6%0.5%
  8.2%6.8%
  11.2%10.0%
  1.7%2.5%
  10.5%11.0%
  6.2%4.8%
  0.5%0.8%
  1.7%1.9%
  3.0%4.7%
  0.2%1.9%
  1.9%7.6%
  0.0%0.1%
  3.3%4.2%
  9.4%9.3%
  14.9%14.0%
  3.0%2.1%
  9.9%7.0%
  5.4%4.8%
  6.5%4.7%
Health
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