Thibodaux, Louisiana is an ideal location for those seeking affordable living options. The average two-bedroom rent in Thibodaux is $980, which is significantly lower than the US average rent of $1,430. Additionally, their Grocery Cost Index is 96 compared to the national index of 100. Some of the top companies operating in Thibodaux include Nicholls State University, Thibodaux Regional Medical Center, and Gulf Coast Bank & Trust Co. The cost of living in Thibodaux is significantly less than most areas around the country making it an attractive option for those looking to save money while still enjoying a high quality of life.
Thibodaux has an unemployment rate of 5.0%. The US average is 6.0%.
Thibodaux has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Thibodaux
- The Sales Tax Rate for Thibodaux is 9.4%. The US average is 7.3%.
- The Income Tax Rate for Thibodaux 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 Thibodaux
- The average income of a Thibodaux resident is $23,763 a year. The US average is $28,555 a year.
- The Median household income of a Thibodaux resident is $46,658 a year. The US average is $69,021 a year.