Patterson, LA is an ideal location for those looking to live in a city with plenty of natural beauty and affordably priced housing. The average two-bedroom rent in Patterson is $940 which is significantly lower than the nationwide average of $1,430. This makes it possible for people to enjoy the city without breaking their budgets. Additionally, the Grocery Cost Index in Patterson is 95 versus 100 in the US, so groceries are also more affordable here.
The city of Patterson has many local businesses that provide goods and services to its citizens. There are several grocery stores such as Super 1 Foods, Piggly Wiggly, and Reeses Thriftway. Other retailers include Ace Hardware Store and JC Penney’s Department Store. Dining options abound with numerous restaurants including Izzo’s Illegal Burrito and Papa John's Pizza. With all these great businesses available to customers, it’s easy to see why Patterson is an attractive place to live and work.
Overall, Patterson has a lower cost of living compared to other places in the country while still offering plenty of amenities for its residents. This lower cost combined with its abundant local companies makes it an ideal destination for those looking for an affordable place to call home while still having access to modern conveniences.
Patterson has an unemployment rate of 8.3%. The US average is 6.0%.
Patterson has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Patterson
- The Sales Tax Rate for Patterson is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Patterson 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 Patterson
- The average income of a Patterson resident is $21,636 a year. The US average is $28,555 a year.
- The Median household income of a Patterson resident is $48,006 a year. The US average is $69,021 a year.