French Settlement, LA is a small town located in Livingston Parish. This rural area has a population of about 3,000 people and is known for its unique French culture and history. The cost of living is relatively low, with the median 2 bedroom rent being $970 compared to $1,430 nationally. Grocery costs here are also lower than the US average, with an index score of 94 versus 100 nationally. Despite its small size, there are several businesses that call French Settlement home, including JKH Furniture Manufacturing Company and Trendz Boutique. There are also various amenities available such as movie theaters, golf courses, parks and museums that help to make this town a great place to live.
French Settlement has an unemployment rate of 4.2%. The US average is 6.0%.
French Settlement 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 29.8%, which is lower than the US average of 33.5%.
Tax Rates for French Settlement
- The Sales Tax Rate for French Settlement is 8.5%. The US average is 7.3%.
- The Income Tax Rate for French Settlement 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 French Settlement
- The average income of a French Settlement resident is $26,395 a year. The US average is $28,555 a year.
- The Median household income of a French Settlement resident is $79,375 a year. The US average is $69,021 a year.