Grand Point, LA is an ideal place to live for those looking for a comfortable and affordable life. The average rent for a two bedroom apartment in Grand Point is $720 per month, which is significantly cheaper than the national average of $1430. The Grocery Cost Index in Grand Point is 98 compared to 100 nationally, which means that groceries are slightly less expensive here. Local businesses in Grand Point include The Gas Station, a grocery store; Holden's Hardware Store; and Glendale Estates Real Estate Agency. All of these businesses offer great services and support the local economy. With lower rent and grocery costs, Grand Point offers an excellent quality of life at an affordable price.
Grand Point has an unemployment rate of 9.0%. The US average is 6.0%.
Grand Point has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Grand Point
- The Sales Tax Rate for Grand Point is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Point 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 Grand Point
- The average income of a Grand Point resident is $35,027 a year. The US average is $28,555 a year.
- The Median household income of a Grand Point resident is $92,880 a year. The US average is $69,021 a year.