Hammond, LA is a vibrant city filled with culture and opportunity. It is located in Tangipahoa Parish and is home to many local businesses such as Cracker Barrel, Taco Bell, Burger King, Subway and Zaxby’s. The cost of living in Hammond, LA is comparatively lower than other areas of the US; for instance, 2 bedroom rent costs $1,010 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Hammond is 96 while it's 100 on average across the United States. All in all, Hammond offers an affordable lifestyle while not sacrificing the many amenities that come with living in a big city.
Hammond has an unemployment rate of 7.4%. The US average is 6.0%.
Hammond has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Hammond
- The Sales Tax Rate for Hammond is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Hammond 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 Hammond
- The average income of a Hammond resident is $20,185 a year. The US average is $28,555 a year.
- The Median household income of a Hammond resident is $37,302 a year. The US average is $69,021 a year.