Watson, LA is a small town located in the southeastern part of Louisiana. It has an estimated population of about 800 people and is known for its affordability. Two bedroom rent in Watson is $1,060 which is lower than the US average of $1,430. The grocery cost index in Watson is also lower than that of the US at 97 versus 100, making it a great place to live for people with a tight budget. Popular local companies include Louisiana Lumber & Supply Co, Inc., Annie Belle's Southern Cafe & Bakery, and J&M Auto Repair & Sales. These businesses provide locals with essential services as well as employment opportunities for the community.
Watson has an unemployment rate of 4.2%. The US average is 6.0%.
Watson 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 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Watson
- The Sales Tax Rate for Watson is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Watson 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 Watson
- The average income of a Watson resident is $30,104 a year. The US average is $28,555 a year.
- The Median household income of a Watson resident is $98,073 a year. The US average is $69,021 a year.