Woodmere, LA Economy


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Woodmere, LA is a charming small town located in the heart of Louisiana. It is known for its rich culture and friendly locals. The average rent for a two bedroom apartment is $1,200 which is significantly less than the national average of $1,430. Woodmere also has several attractive features such as grocery stores with a Cost Index of 96 compared to 100 in the US. Many local businesses such as gas stations, restaurants and shops line the streets and provide excellent amenities to residents on a daily basis. Some popular local restaurants include Catfish King & Queen Restaurant, Huey's Place Creole Seafood Restaurant and Grill and The Red Rooster Kitchen & Bar. Woodmere provides residents with an array of exciting activities such as family-friendly festivals and outdoor adventures like hiking trails at Fontainebleau State Park.

Woodmere has an unemployment rate of 7.6%. The US average is 6.0%.

Woodmere has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Woodmere
- The Sales Tax Rate for Woodmere is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Woodmere 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 Woodmere
- The average income of a Woodmere resident is $20,492 a year. The US average is $28,555 a year.
- The Median household income of a Woodmere resident is $59,232 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodmere, LouisianaUnited States
  7.66
  -7.3%-6.2%
  25.0%33.5%
  9.2%6.2%
  6.0%4.6%
  $34,251$37,638
  $59,232$69,021
  $65,811$85,028
  Population by Occupation
  0.0%1.2%
  0.5%0.5%
  6.4%6.8%
  2.9%10.0%
  3.4%2.5%
  13.6%11.0%
  9.3%4.8%
  2.1%0.8%
  2.0%1.9%
  4.2%4.7%
  2.6%1.9%
  1.7%7.6%
  0.0%0.1%
  3.2%4.2%
  7.7%9.3%
  17.5%14.0%
  4.8%2.1%
  10.3%7.0%
  1.6%4.8%
  6.2%4.7%
Health
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