Ridgecrest, LA is a small city located in the southeastern part of Louisiana. It offers a variety of amenities for its residents, such as low housing costs, affordable grocery costs and numerous local businesses. The average two-bedroom rent in Ridgecrest is $750 per month compared to the US average rent of $1,430 per month. Additionally, the grocery cost index in Ridgecrest is 86 versus 100 in the US. Local companies include restaurants like Cochon Butcher and Langenstein’s Grocery Store & Pharmacy; both have been offering quality services to the community for many years. In conclusion, Ridgecrest offers an economical lifestyle with abundant options for shopping and entertainment, making it a prime location for those looking to save money while still being close to most necessities.
Ridgecrest has an unemployment rate of 6.4%. The US average is 6.0%.
Ridgecrest 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 8.2%, which is lower than the US average of 33.5%.
Tax Rates for Ridgecrest
- The Sales Tax Rate for Ridgecrest is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Ridgecrest 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 Ridgecrest
- The average income of a Ridgecrest resident is $16,817 a year. The US average is $28,555 a year.
- The Median household income of a Ridgecrest resident is $32,500 a year. The US average is $69,021 a year.