Reserve, LA Economy


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Reserve, LA is an excellent place to live in for those looking for affordable rent costs and grocery items. The city has a 2 bedroom rental going for just $1,050 per month, which is significantly cheaper than the national average of $1,430. It also boasts a Grocery Cost Index rating of 94, which is 6% lower than the US average of 100.
The city has access to numerous local companies and attractions such as Pierre's Jewelry Box, Pollard Funeral Home & Crematory, Reserve Hair Designers and Primeaux Cheese & Specialty Meats. There are also a variety of entertainment venues available including the Rivertown Repertory Theatre and St. John the Baptist Catholic Church. For outdoor activities residents can explore Bayou Des Allemands or take part in one of Krewe of Amigo's annual festivals.

Reserve has an unemployment rate of 10.1%. The US average is 6.0%.

Reserve has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.

Tax Rates for Reserve
- The Sales Tax Rate for Reserve is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Reserve 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 Reserve
- The average income of a Reserve resident is $19,368 a year. The US average is $28,555 a year.
- The Median household income of a Reserve resident is $47,134 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReserve, LouisianaUnited States
  10.16
  -7.4%-6.2%
  22.9%33.5%
  9.7%6.2%
  6.0%4.6%
  $19,985$37,638
  $47,134$69,021
  $54,129$85,028
  Population by Occupation
  0.6%1.2%
  0.9%0.5%
  11.5%6.8%
  15.9%10.0%
  1.7%2.5%
  10.8%11.0%
  8.4%4.8%
  0.2%0.8%
  4.7%1.9%
  0.1%4.7%
  1.5%1.9%
  0.6%7.6%
  0.0%0.1%
  3.8%4.2%
  5.9%9.3%
  18.6%14.0%
  0.7%2.1%
  4.0%7.0%
  6.3%4.8%
  3.9%4.7%
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