Welsh, LA is a great place to live, with an average two bedroom rent of $730 and a grocery cost index of 90 compared to the US average of 100. It is an affordable option for those looking for a peaceful community. Local businesses in the area are diverse and include Welsh Hardware & Building Supply, K & L Pharmacy, Welch Insurance Services, and Welch's Automotive Service. These businesses provide goods and services for the entire Welsh community.
Welsh has an unemployment rate of 5.5%. The US average is 6.0%.
Welsh has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Welsh
- The Sales Tax Rate for Welsh is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Welsh 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 Welsh
- The average income of a Welsh resident is $23,212 a year. The US average is $37,638 a year.
- The Median household income of a Welsh resident is $69,500 a year. The US average is $69,021 a year.