Simsboro, LA is a small city located in northern Louisiana. Although it is home to a smaller population than larger cities, it can offer a great deal of value for potential renters and homeowners alike! The two bedroom rent average of $810 is significantly less than the national average of $1,430, making it an attractive option for budget conscious individuals. Additionally, the grocery cost index in Simsboro is 90 versus 100 nationally, making everyday items more affordable in this city.
The local economy of Simsboro offers a variety of businesses ranging from small family owned shops to larger chain stores. There are several local restaurants including Mom's Diner and Fred's Cafe, as well as stores like Walmart Supercenter and Dollar General for groceries and household supplies. The city also has other services such as banks, gas stations, pharmacies and medical centers to make sure all your needs are taken care of.
Living in Simsboro gives you access to all the amenities you need while saving money on rent and groceries. Those looking for an affordable place to call home should certainly give this town a look!
Simsboro has an unemployment rate of 4.7%. The US average is 6.0%.
Simsboro has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Simsboro
- The Sales Tax Rate for Simsboro is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Simsboro 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 Simsboro
- The average income of a Simsboro resident is $22,235 a year. The US average is $37,638 a year.
- The Median household income of a Simsboro resident is $35,556 a year. The US average is $69,021 a year.