Kraemer, LA Economy


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Kraemer, LA is a small town just outside of New Orleans in the southern part of Louisiana. It has an average 2 bedroom rent price of $980, while the U.S. average is $1,430. Grocery cost index in Kraemer is also lower than the national average at 96 compared to 100. The town has a number of local businesses such as King's Tire and Auto Repair, T-Byrd Automotive Services, Kraemer Supermarket, and Joan's Bakery & Deli Café. Residents can benefit from the low cost of living and access to quality services that these businesses provide, making it a great place to live overall.

Kraemer has an unemployment rate of 5.0%. The US average is 6.0%.

Kraemer has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.

Tax Rates for Kraemer
- The Sales Tax Rate for Kraemer is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Kraemer 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 Kraemer
- The average income of a Kraemer resident is $20,197 a year. The US average is $28,555 a year.
- The Median household income of a Kraemer resident is $65,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKraemer, LouisianaUnited States
  56
  -4.3%-6.2%
  2.3%33.5%
  9.6%6.2%
  6.0%4.6%
  $22,316$37,638
  $65,292$69,021
  $66,051$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  20.2%6.8%
  11.6%10.0%
  0.0%2.5%
  2.4%11.0%
  12.1%4.8%
  1.7%0.8%
  2.9%1.9%
  4.0%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  19.5%4.2%
  5.9%9.3%
  6.7%14.0%
  0.0%2.1%
  3.1%7.0%
  5.9%4.8%
  2.4%4.7%
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