Baskin, LA Economy


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United States / Louisiana / No Metro Area / Franklin County / Baskin / Zip Codes
Baskin, LA is a small town located in Louisiana with a variety of businesses. Local companies include Baskin and Associates, Baskin Foods Grocery Store, Baskin Hardware, and Baskin Veterinary Clinic. The cost of living in Baskin is lower than the US average. The rent for a two-bedroom apartment is $740 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Baskin is 89 versus the US average of 100. This means that groceries are considerably cheaper in Baskin than other parts of America.

Baskin has an unemployment rate of 6.4%. The US average is 6.0%.

Baskin has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Baskin
- The Sales Tax Rate for Baskin is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Baskin 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 Baskin
- The average income of a Baskin resident is $22,928 a year. The US average is $28,555 a year.
- The Median household income of a Baskin resident is $56,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaskin, LouisianaUnited States
  6.46
  -2.0%-6.2%
  19.5%33.5%
  8.5%6.2%
  6.0%4.6%
  $36,147$37,638
  $56,042$69,021
  $67,813$85,028
  Population by Occupation
  0.0%1.2%
  1.3%0.5%
  6.4%6.8%
  5.1%10.0%
  0.0%2.5%
  12.8%11.0%
  7.7%4.8%
  0.0%0.8%
  0.0%1.9%
  5.1%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  3.8%4.2%
  7.7%9.3%
  10.3%14.0%
  0.0%2.1%
  11.5%7.0%
  11.5%4.8%
  12.8%4.7%
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