Parks, LA is a great place to live and work due to its affordability and accessibility. The average two-bedroom rent in Parks, LA is $850, which is significantly lower than the US average of $1430 for the same size property. Additionally the grocery cost index in Parks, LA is 95 compared to 100 in the US. There are many local businesses in Parks, LA such as supermarkets, restaurants and shops that can easily be accessed on foot or by car. Additionally there are many attractions and amenities such as hiking trails, parks, museums and galleries that make living in Parks, LA an enjoyable experience.
Parks has an unemployment rate of 6.7%. The US average is 6.0%.
Parks 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 10.8%, which is lower than the US average of 33.5%.
Tax Rates for Parks
- The Sales Tax Rate for Parks is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Parks 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 Parks
- The average income of a Parks resident is $23,952 a year. The US average is $28,555 a year.
- The Median household income of a Parks resident is $49,750 a year. The US average is $69,021 a year.