Olla, LA is a small town located in the Northeast of Louisiana. It is known for its affordable cost of living and is a great place to settle down. The 2 bedroom rent for Olla, LA is $660, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Olla, LA is 88 compared to 100 in the US. With these factors considered, living in Olla can save you quite a sum of money. \nOlla offers plenty of local businesses and attractions that draw people from all around. Local stores include Thomas’ Groceries & Café and Burt’s BBQ Shack while popular attractions include Magnolia Park and Lola Town Lake. For those looking to explore nature more closely, Ouachita National Forest and Kisatchie National Forest are just a short drive away.
Olla has an unemployment rate of 3.4%. The US average is 6.0%.
Olla has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Olla
- The Sales Tax Rate for Olla is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Olla 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 Olla
- The average income of a Olla resident is $21,696 a year. The US average is $28,555 a year.
- The Median household income of a Olla resident is $35,227 a year. The US average is $69,021 a year.