Montegut, LA is a small town located in Terrebonne Parish with a population of 1,742. It is known for its low rent cost and grocery cost index compared to the US. Here, the average 2 bedroom rent cost is $810 compared to the US average of $1,430. Similarly, the grocery cost index in Montegut is 93 as opposed to 100 in US.
The town has several local companies that provide services in different domains such as engineering, construction, electrical contracting, telecommunications etc. Some popular local attractions include Intracoastal Canal Tour by Pearl and Paradise Tours; Atchafalaya Basin Boat Tour by Cajun Connection; and Castaway Cove Recreational area which offers campsites and outdoor activities such as fishing and boating. Other attractions include Wildlife Observation Center & Animal Park; Burgess Water Well Drilling; American Legion Post 430; and The Bayou Country Playhouse Theater which hosts live music events throughout the year.
Montegut has an unemployment rate of 6.3%. The US average is 6.0%.
Montegut has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 1.8%, which is lower than the US average of 33.5%.
Tax Rates for Montegut
- The Sales Tax Rate for Montegut is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Montegut 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 Montegut
- The average income of a Montegut resident is $16,009 a year. The US average is $28,555 a year.
- The Median household income of a Montegut resident is $47,598 a year. The US average is $69,021 a year.