St. Martinville in Louisiana has an average rent for 2-bedroom apartments of $850 which is cheaper than the national average of $1,430. This make St. Martinville an attractive place to live for those on a budget. Groceries are also cheaper with the cost index at 95 compared to 100 in the US. In terms of employment opportunities, St. Martinville is home to many local companies such as Acadiana Bank and Trust, Bayou Teche Brewing Company, and St. Martinville Pharmacy Inc. Therefore, it can be concluded that living costs in St. Martinville are significantly lower than other places in the US making it an affordable option for those looking to save money while still having access to quality services and employment opportunities.
St. Martinville has an unemployment rate of 6.7%. The US average is 6.0%.
St. Martinville has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 10.8%, which is lower than the US average of 33.5%.
Tax Rates for St. Martinville
- The Sales Tax Rate for St. Martinville is 9.0%. The US average is 7.3%.
- The Income Tax Rate for St. Martinville 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 St. Martinville
- The average income of a St. Martinville resident is $16,584 a year. The US average is $28,555 a year.
- The Median household income of a St. Martinville resident is $30,565 a year. The US average is $69,021 a year.