Triumph, LA is a small town in Louisiana with a population of around 1,000 people. The cost of living is relatively low, with the average rent for two bedroom apartments being $1,160, compared to the US average of $1,430. Grocery costs are also competitive in Triumph, LA when compared to the US at 92 versus 100 on the index scale.
Local companies such as Triumph Engineering & Construction LLC and Triumph Industrial Supply Co provide a great service to the residents of Triumph, LA and contribute greatly to the local economy. Together they offer construction services as well as industrial supplies that help maintain and expand infrastructure within the town. Additionally, other businesses like BlackCat Seafood Market add variety to local dining options while providing fresh seafood that can be enjoyed by locals and visitors alike. Collectively all these companies help drive economic growth in Triumph, LA which helps it remain a vibrant place to live or visit.
Triumph has an unemployment rate of 4.9%. The US average is 6.0%.
Triumph has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Triumph
- The Sales Tax Rate for Triumph is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Triumph 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 Triumph
- The average income of a Triumph resident is $18,937 a year. The US average is $37,638 a year.
- The Median household income of a Triumph resident is $0 a year. The US average is $69,021 a year.