St. Martin, LA County is an attractive area to live in for families and individuals alike due to its lower cost of living compared to the US as a whole. The average 2 bedroom rent in St. Martin is $980, which is $450 less than the US-wide rate of $1,430. The Grocery Cost Index for St. Martin is 95 versus 100 nationally, making groceries more affordable there than elsewhere in the country. The county has many flourishing businesses and organizations that make up its vibrant economy. Examples of local companies include D&J Meats & Produce, Robichaux Manufacturing, and L&S Auto Parts & Services, while notable organizations like Friends of St. Martin Recreation Department are actively engaged in supporting community initiatives and activities within the county throughout the year.
St. Martin County has an unemployment rate of 6.7%. The US average is 6.0%.
St. Martin County has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 10.8%, which is lower than the US average of 33.5%.
Tax Rates for St. Martin County
- The Sales Tax Rate for St. Martin County is 8.4%. The US average is 7.3%.
- The Income Tax Rate for St. Martin County 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 St. Martin County
- The average income of a St. Martin County resident is $22,783 a year. The US average is $28,555 a year.
- The Median household income of a St. Martin County resident is $46,711 a year. The US average is $69,021 a year.