Baton Rouge, in Louisiana's capital city, is an attractive spot for those looking for an affordable place to call home. The two bedroom rent in Baton Rouge averages $990 a month, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in the Baton Rouge Metro area is 96 compared to 100 in the US. As such, people living here can save on their everyday expenses while enjoying all that this region has to offer. There are many local companies and corporations with headquarters in Baton Rouge such as Shaw Group Inc., Albemarle Corporation and Turner Industries Group LLC. Beyond businesses there are some great attractions like Louisiana State University, Magnolia Mound Plantation House and the USS Kidd Veterans Memorial & Museum for visitors and residents alike to enjoy.
Baton Rouge Metro Area has an unemployment rate of 5.8%. The US average is 6.0%.
Baton Rouge Metro Area has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Baton Rouge Metro Area
- The Sales Tax Rate for Baton Rouge Metro Area is 9.4%. The US average is 7.3%.
- The Income Tax Rate for Baton Rouge Metro Area 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 Baton Rouge Metro Area
- The average income of a Baton Rouge Metro Area resident is $33,465 a year. The US average is $37,638 a year.
- The Median household income of a Baton Rouge Metro Area resident is $63,270 a year. The US average is $69,021 a year.