Krotz Springs, LA is a small town in Louisiana located on the banks of the Atchafalaya River. It is a quiet community with a population of less than 200 people. The cost of living in Krotz Springs is very reasonable; the average two bedroom rental is $870 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Krotz Springs is 92 compared to 100 in the US, meaning groceries are even more affordable. Though it's a small town, there are some attractions that residents can enjoy such as Cajun Palms RV Resort which offers outdoor activities like fishing and canoeing on its lake, or Bluebonnet Swamp Nature Center which provides interactive exhibits about local ecology and animal habitats. There are also plenty of local businesses such as The Cajun Spot General Store where locals can buy fresh produce and other items as well as taste some delicious Cajun food.
Krotz Springs has an unemployment rate of 7.2%. The US average is 6.0%.
Krotz Springs 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 Krotz Springs
- The Sales Tax Rate for Krotz Springs is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Krotz Springs 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 Krotz Springs
- The average income of a Krotz Springs resident is $14,242 a year. The US average is $28,555 a year.
- The Median household income of a Krotz Springs resident is $28,750 a year. The US average is $69,021 a year.