Cankton, LA is a great place to live. It is known for its affordable rent prices and low grocery costs. The average two bedroom rent in Cankton is only $770 compared to the US average of $1,430. The Grocery Cost Index in Cankton is 96 versus 100 in the US, making it one of the best places to live on a budget. Local companies such as T&T Supermarkets, Foodie's Deli, and Southern Baptist Church are also popular places to shop and gather in Cankton. With its excellent affordability and many local amenities, Cankton is quickly becoming one of the most desirable places to live.
Cankton has an unemployment rate of 7.2%. The US average is 6.0%.
Cankton 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 13.2%, which is lower than the US average of 33.5%.
Tax Rates for Cankton
- The Sales Tax Rate for Cankton is 10.8%. The US average is 7.3%.
- The Income Tax Rate for Cankton 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 Cankton
- The average income of a Cankton resident is $19,785 a year. The US average is $28,555 a year.
- The Median household income of a Cankton resident is $39,917 a year. The US average is $69,021 a year.