Glencoe, LA is a small town in the southern United States that offers its residents an affordable cost of living. The average 2 bedroom rent is $890 per month which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Glencoe is 93 compared to 100 for the rest of the US. \nThe town features popular local companies such as Olde King Antiques & Collectibles and Telly's Taverna Restaurant. It also has many attractions for visitors such as Holly Grove Lake and the nearby Canoe Creek recreational area. Furthermore, Glencoe has close proximity to educational institutions such as Louisiana State University and Lamar Technical College.
Glencoe has an unemployment rate of 8.3%. The US average is 6.0%.
Glencoe has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 2.8%, which is lower than the US average of 33.5%.
Tax Rates for Glencoe
- The Sales Tax Rate for Glencoe is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Glencoe 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 Glencoe
- The average income of a Glencoe resident is $15,158 a year. The US average is $28,555 a year.
- The Median household income of a Glencoe resident is $30,500 a year. The US average is $69,021 a year.