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Palmetto, LA Economy
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United States
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Louisiana
/
Opelousas Metro Area
/
St. Landry County
/ Palmetto /
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Palmetto, LA is a small town located in the south of Louisiana. It is known for its friendly and welcoming atmosphere and offers an array of services to its residents. Local companies that are popular in Palmetto include grocery stores such as Save-A-Lot and Dollar General, local restaurants like Cajun Cafe and Wong's Chinese Restaurant, and gas stations like Shell and Chevron. \nThe cost of living in Palmetto is quite affordable compared to other cities in the US. 2 bedroom rent is only $730 per month while the average for the US is much higher at $1430. In addition, groceries also costs less in Palmetto with a Grocery Cost Index of 92 versus 100 in the US. With these factors taken into account, it's no surprise why many people decide to make Palmetto their home.
Income by Population Percent
Economy
Palmetto, Louisiana
United States
Unemployment Rate
7.2
6
Recent Job Growth
-2.2%
-6.2%
Future Job Growth
13.2%
33.5%
Sales Taxes
10.0%
6.2%
Income Tax
6.0%
4.6%
Income per Cap.
$16,346
$37,638
Household Income
69021
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