Elizabeth, LA is a great place to settle down. It is known for its affordable rent, with two bedroom apartments averaging at $670 a month, compared to the US national average of $1,430. Grocery costs are also lower than the national average; Elizabeth has an index of 89 compared to the US's 100. The city is home to a variety of local companies such as Louisiana Pacific Corporation, Esshaki Incorporated, and Performance Contractors Incorporated. These businesses offer a range of services from construction and manufacturing to hospitality and customer service. Elizabeth boasts an affordable cost of living that allows people to save money on expenses like rent and groceries while still working for successful companies.
Elizabeth has an unemployment rate of 6.4%. The US average is 6.0%.
Elizabeth has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Elizabeth
- The Sales Tax Rate for Elizabeth is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth 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 Elizabeth
- The average income of a Elizabeth resident is $17,412 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth resident is $28,500 a year. The US average is $69,021 a year.