Branch, LA is a small area located near the border of Louisiana and Mississippi. As such, it is one of the more affordable places to live in the area, offering a two bedroom apartment for rent for only $770. Grocery cost index in Branch, LA is also relatively low compared to the rest of the United States with 91 versus 100. The city has several businesses that cater to its local population, such as Joe's Hardware Store which offers discounted prices on tools and other hardware products, as well as Simmons Grocers which provides fresh produce at competitive prices. Additionally, there are numerous restaurants and cafes in Branch that serve delicious dishes for locals and visitors alike.
Branch has an unemployment rate of 5.7%. The US average is 6.0%.
Branch has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 10.5%, which is lower than the US average of 33.5%.
Tax Rates for Branch
- The Sales Tax Rate for Branch is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Branch 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 Branch
- The average income of a Branch resident is $34,676 a year. The US average is $28,555 a year.
- The Median household income of a Branch resident is $48,542 a year. The US average is $69,021 a year.