Blanchard, LA is a small town located in the northwest corner of Bossier Parish. It is known for its affordable cost of living and proximity to Shreveport, making it an attractive option for many families. Renting a two-bedroom apartment costs $950 here, compared to the national average of $1,430. Additionally, the Grocery Cost Index in Blanchard is 90 versus 100 in the US. The area has a range of local businesses such as First National Bank, Blanchard Family Pharmacy, Inc., Blanchard Tire and Alignment LLC, and Mabry Nation Insurance Agency. With its excellent offerings in terms of cost and convenience, Blanchard is an ideal place to live for those looking to escape high costs associated with bigger cities.
Blanchard has an unemployment rate of 7.4%. The US average is 6.0%.
Blanchard has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.7%, which is lower than the US average of 33.5%.
Tax Rates for Blanchard
- The Sales Tax Rate for Blanchard is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Blanchard 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 Blanchard
- The average income of a Blanchard resident is $29,210 a year. The US average is $28,555 a year.
- The Median household income of a Blanchard resident is $89,632 a year. The US average is $69,021 a year.