Vinton, LA is a small city located in Southwest Louisiana. It has a close-knit rural charm with its friendly people and family-oriented environment. With a population of just over 3,000 people, Vinton offers its residents plenty of quietness and tranquility while remaining close to larger cities like Lake Charles and Sulphur. Companies located in Vinton include CITGO Petroleum Corporation, Energy Enterprises Inc., and Krutza Construction Company. The cost of living in Vinton is relatively affordable compared to the rest of the United States. The average 2 Bedroom Rent in Vinton is $800 per month, much lower than the national average rent of $1,430. Also, the Grocery Cost Index in Vinton is 93 versus 100 nationally which shows that groceries are more affordable in this city than other places throughout the US.
Vinton has an unemployment rate of 6.9%. The US average is 6.0%.
Vinton has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 54.1%, which is higher than the US average of 33.5%.
Tax Rates for Vinton
- The Sales Tax Rate for Vinton is 10.2%. The US average is 7.3%.
- The Income Tax Rate for Vinton 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 Vinton
- The average income of a Vinton resident is $18,617 a year. The US average is $28,555 a year.
- The Median household income of a Vinton resident is $37,125 a year. The US average is $69,021 a year.