Raceland, LA is a small town located in Lafourche Parish. It is home to many local businesses such as the Raceland Motorsports Park, U-Haul Moving & Storage at Raceland, and Eager Beaver Tree Service. The housing market in Raceland is quite affordable with an average 2 bedroom rent being $930 compared to an average rent of $1430 in the United States. This makes it attractive for people looking to find quality and affordable housing. Grocery costs are also quite low in Raceland with a grocery cost index of 96 compared to 100 in the US. This means that food prices are 4 percent lower than what they would be in other parts of the country, making it easier for residents to make ends meet.
Raceland has an unemployment rate of 5.0%. The US average is 6.0%.
Raceland has seen the job market increase by 0.1% 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 Raceland
- The Sales Tax Rate for Raceland is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Raceland 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 Raceland
- The average income of a Raceland resident is $22,095 a year. The US average is $28,555 a year.
- The Median household income of a Raceland resident is $41,494 a year. The US average is $69,021 a year.