Ida, LA Economy


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Ida, LA is a small town in Louisiana known for its friendly atmosphere and affordable cost of living. Average 2 bedroom rent in Ida is $870 compared to the US average of $1,430, while Grocery Cost Index in Ida is 89 versus 100 in the US. Local companies include Ida Supermarket, a family owned grocery store and Red's Diner, a popular local diner. Other than that there are several smaller businesses that cater to the needs of the locals such as salons and drug stores.

Ida has an unemployment rate of 7.4%. The US average is 6.0%.

Ida has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.7%, which is lower than the US average of 33.5%.

Tax Rates for Ida
- The Sales Tax Rate for Ida is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Ida 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 Ida
- The average income of a Ida resident is $23,154 a year. The US average is $28,555 a year.
- The Median household income of a Ida resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIda, LouisianaUnited States
  7.46
  -5.2%-6.2%
  16.7%33.5%
  8.8%6.2%
  6.0%4.6%
  $22,767$37,638
  $43,750$69,021
  $78,750$85,028
  Population by Occupation
  0.0%1.2%
  1.1%0.5%
  10.3%6.8%
  13.8%10.0%
  3.4%2.5%
  4.6%11.0%
  5.7%4.8%
  1.1%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  4.6%7.6%
  0.0%0.1%
  11.5%4.2%
  4.6%9.3%
  10.3%14.0%
  0.0%2.1%
  12.6%7.0%
  10.3%4.8%
  5.7%4.7%
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