Inniswold, LA is a great place to live for those looking for an affordable lifestyle. The average rent for a two-bedroom in Inniswold is $1,200 which is slightly lower than the US average at $1,430. Additionally, grocery costs are also favorable with a Grocery Cost Index of 99 compared to 100 in the US. Inniswold is home to many local businesses such as Bayou Oaks Golf Club, Plantation Catering Company, Talamo’s Italian Restaurant, and M&C Refrigeration Service Inc. All these factors result in a significantly lower cost of living when compared to other places in the United States.
Inniswold has an unemployment rate of 6.2%. The US average is 6.0%.
Inniswold has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Inniswold
- The Sales Tax Rate for Inniswold is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Inniswold 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 Inniswold
- The average income of a Inniswold resident is $44,622 a year. The US average is $37,638 a year.
- The Median household income of a Inniswold resident is $106,759 a year. The US average is $69,021 a year.