Melville, LA is a small town located in the southwestern part of Louisiana. It offers a low cost of living and many opportunities for employment. Companies such as Walmart, Petco, Lowe's Home Improvement, Applebee's, Sonic Drive-In and Pizza Hut are some of the local businesses present in Melville. The average rent for a two bedroom apartment is $760 per month while the US average is $1,430. Additionally, the Grocery Cost Index in Melville is 93 compared to 100 in the US, making groceries relatively affordable. All these factors make Melville an attractive choice for those looking to reduce their monthly expenses and save money.
Melville has an unemployment rate of 7.2%. The US average is 6.0%.
Melville 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 Melville
- The Sales Tax Rate for Melville is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Melville 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 Melville
- The average income of a Melville resident is $11,850 a year. The US average is $28,555 a year.
- The Median household income of a Melville resident is $26,645 a year. The US average is $69,021 a year.