New Llano, LA is a small town located in Vernon Parish. It is known for its vibrant culture and community. The living costs are relatively low compared to the US average with the 2 bedroom rent at $870 which is much lower than the US average of $1,430. Moreover, grocery cost index in New Llano is 90 versus 100 in the US. This means that basic necessities are more affordable here. There are several local businesses such as H&L RV Park & Campground, Honeyreef Coffee LLC, Thomas Auto Repair LLC and more which contribute to the overall economy of this bustling town.
New Llano has an unemployment rate of 4.5%. The US average is 6.0%.
New Llano has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 7.7%, which is lower than the US average of 33.5%.
Tax Rates for New Llano
- The Sales Tax Rate for New Llano is 10.0%. The US average is 7.3%.
- The Income Tax Rate for New Llano 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 New Llano
- The average income of a New Llano resident is $23,761 a year. The US average is $37,638 a year.
- The Median household income of a New Llano resident is $51,532 a year. The US average is $69,021 a year.