Many, LA is a wonderful small town nestled in the rural heartland of Louisiana. It is known for its friendly people and its affordable cost of living. The average 2 bedroom rent in Many, LA is only $750 per month, which is much lower than the US average of $1,430. The grocery cost index in Many, LA is also lower than the US average at 91 versus 100 respectively.
The local economy includes a variety of businesses such as retail stores, restaurants, entertainment venues, and professional services. Popular local companies include Crossroads Gift Shop & Boutique, Gator’s Cafe & Barbeque Joint, Riverwalk Cinema & Concert Venue and Cajun Country Handyman Services. These businesses provide employment opportunities and contribute to the unique culture of Many, LA.
Many has an unemployment rate of 3.9%. The US average is 6.0%.
Many has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.
Tax Rates for Many
- The Sales Tax Rate for Many is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Many 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 Many
- The average income of a Many resident is $20,888 a year. The US average is $37,638 a year.
- The Median household income of a Many resident is $18,148 a year. The US average is $69,021 a year.