Timberlane, LA is a great place to live. Although rent prices are lower than the US average at $1,190 for a two bedroom, other necessities such as groceries remain very affordable with an index of 96 compared to the US's 100. There are many local businesses that contribute to the economy of Timberlane such as A&T Plumbing Service, H&S Automotive Repair, and King's Fish & Chips. These companies provide quality services and products to residents of Timberlane and the surrounding areas.
Timberlane has an unemployment rate of 7.6%. The US average is 6.0%.
Timberlane has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Timberlane
- The Sales Tax Rate for Timberlane is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Timberlane 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 Timberlane
- The average income of a Timberlane resident is $22,460 a year. The US average is $28,555 a year.
- The Median household income of a Timberlane resident is $57,053 a year. The US average is $69,021 a year.