Lockport, LA is a small town in the southern part of the state. It boasts a low cost of living and is an affordable place to live. The average two bedroom rent in Lockport costs around $920 while the national average is much higher at $1,430. Additionally, the grocery cost index for Lockport is 95 compared to 100 across the United States. Its friendly atmosphere and lower cost of living make it an attractive option for those looking to relocate or buy their first home. Lockport also boasts many local businesses, including Fisher’s Seafood Market, Brown's Hardware Store, Lockport Café & Bakery, and D'Joubert Automotive Repair Shop. With its strong sense of community and lower cost of living, it makes for an ideal place to live and work.
Lockport has an unemployment rate of 5.0%. The US average is 6.0%.
Lockport has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Lockport
- The Sales Tax Rate for Lockport is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Lockport 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 Lockport
- The average income of a Lockport resident is $24,317 a year. The US average is $28,555 a year.
- The Median household income of a Lockport resident is $54,188 a year. The US average is $69,021 a year.