Merrydale, LA is a small city located in Louisiana that offers affordable living costs for its residents. The average two bedroom rent in Merrydale, LA is $1,010 which is significantly lower than the national average of $1,430 for two bedrooms. Additionally, Merrydale's Grocery Cost Index is 92 versus the US index of 100, providing further savings to those living in the city.
Merrydale has many local businesses that help bring the community together and provide fun activities to its residents. Some popular companies located in Merrydale include The Old Fashioned Bakery, Purdy Shoes, and Jaxon Motors. The Old Fashioned Bakery provides tasty treats while Purdy Shoes specializes in footwear and clothing. Jaxon Motors offers an extensive selection of vehicles to suit everyone's needs.
Merrydale has an unemployment rate of 6.2%. The US average is 6.0%.
Merrydale has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Merrydale
- The Sales Tax Rate for Merrydale is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Merrydale 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 Merrydale
- The average income of a Merrydale resident is $22,450 a year. The US average is $37,638 a year.
- The Median household income of a Merrydale resident is $41,215 a year. The US average is $69,021 a year.