St. Joseph, LA is a small town located in central Louisiana which offers a low cost of living. The average two bedroom rent in St. Joseph is $790 per month, which is lower than the US average of $1,430. Additionally, the Grocery Cost Index for St. Joseph is 87 versus 100 for the US overall. This makes groceries significantly more affordable in this area compared to the rest of the country.
The local economy consists of a variety of businesses including Timberland Bank & Trust Co., Byerley Services, Inc., St Joseph Church and St Joseph Catholic School. There are also plenty of restaurants and cafes to explore such as Myrtles Bakery & Cafe, Murphys Grill House and Gatorz Bar & Grill.
Overall, residents enjoy an affordable lifestyle with low rents and grocery costs in St.Joseph La making it an ideal place for people looking for affordable housing options without sacrificing amenities or quality of life.
St. Joseph has an unemployment rate of 6.9%. The US average is 6.0%.
St. Joseph has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 1.1%, which is lower than the US average of 33.5%.
Tax Rates for St. Joseph
- The Sales Tax Rate for St. Joseph is 9.7%. The US average is 7.3%.
- The Income Tax Rate for St. Joseph 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 St. Joseph
- The average income of a St. Joseph resident is $12,702 a year. The US average is $28,555 a year.
- The Median household income of a St. Joseph resident is $31,875 a year. The US average is $69,021 a year.