Independence, LA Economy


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Independence, LA is a small city located in Tangipahoa Parish with a population of around 605 people. Despite its size, Independence has plenty to offer its residents including housing and groceries that are comparatively affordable. For example, the average rent for a two-bedroom apartment in Independence is $980, while the US average is $1,430. Additionally, the grocery cost index for Independence is 96 compared to 100 nationally. This makes basic food staples more accessible for those living in Independence.
Independence is home to several businesses including Oak Grove Medical Clinic and T & S Tire Pros which offer medical services and car repairs respectively. The city also has local shops like David's Market Place and L-Tronics Appliances where you can find household necessities at reasonable prices. All these options provide convenient access to goods and services for locals.

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

Independence 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 Independence
- The Sales Tax Rate for Independence is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Independence 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 Independence
- The average income of a Independence resident is $16,025 a year. The US average is $28,555 a year.
- The Median household income of a Independence resident is $37,946 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndependence, LouisianaUnited States
  7.46
  -2.5%-6.2%
  32.2%33.5%
  7.5%6.2%
  6.0%4.6%
  $22,170$37,638
  $37,946$69,021
  $44,667$85,028
  Population by Occupation
  3.2%1.2%
  1.0%0.5%
  12.6%6.8%
  3.6%10.0%
  2.2%2.5%
  9.2%11.0%
  2.5%4.8%
  2.0%0.8%
  0.7%1.9%
  1.2%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  4.7%4.2%
  10.0%9.3%
  21.8%14.0%
  0.0%2.1%
  13.8%7.0%
  1.2%4.8%
  9.0%4.7%
Reviews for Independence
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Over 13 years ago

First of all, I wasn't able to 'select' my city of Loranger, Louisiana...this may be due to the fact that it is unincorporated territory (but then again, since certain  More

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