Simpson, LA is a small town located in the south of the United States. The town has a population of just over 5,000 people and is renowned for its friendly atmosphere. The cost of living in Simpson is quite low compared to the rest of the US, with 2 bedroom rents averaging at around $840 per month. This compares favourably to the US average of $1,430 for similar properties. Additionally, its grocery cost index stands at 91versus 100 in the US making food prices relatively affordable.
The town has many local companies that are helping to drive its economy forward, such as Simpson Fabricators and Jennings Construction. There are also several small shops located in the area selling everything from clothes to household items. For those who enjoy nature, there are plenty of trails and parks which provide great opportunities for outdoor activities such as hiking or cycling. All in all, it's easy to see why Simpson is a popular place to live or visit.
Simpson has an unemployment rate of 4.5%. The US average is 6.0%.
Simpson has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 7.7%, which is lower than the US average of 33.5%.
Tax Rates for Simpson
- The Sales Tax Rate for Simpson is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Simpson 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 Simpson
- The average income of a Simpson resident is $28,213 a year. The US average is $28,555 a year.
- The Median household income of a Simpson resident is $71,429 a year. The US average is $69,021 a year.