Zip 70763 (Grand Point, LA) Economy


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Grand Point, LA 70763 is an appealing city for those looking for a peaceful and affordable lifestyle. The 2 bedroom rent in Grand Point is $720 per month which is significantly lower than the US average of $1,430. Additionally, the groceries cost index in Grand Point is 98 versus 100 in the US meaning that you can save even more money on food costs when living here. The location is ideal for those looking to stay close to nature yet still remain close enough to larger cities with plenty of job opportunities. There are many local businesses in Grand Point including Supreme Kitchen & Bath, LaRose's Seafood Restaurant, Lakeside Community Church and O'Rourke Plumbing & Heating LLC. These establishments offer a variety of services and products for residents and visitors alike making it easy to find all your needs without having to travel far distances or pay extra costs.

Grand Point (zip 70763) has an unemployment rate of 9.0%. The US average is 6.0%.

Grand Point (zip 70763) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.

Tax Rates for Grand Point (zip 70763)
- The Sales Tax Rate for Grand Point (zip 70763) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Point (zip 70763) 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 Grand Point (zip 70763)
- The average income of a Grand Point (zip 70763) resident is $32,608 a year. The US average is $28,555 a year.
- The Median household income of a Grand Point (zip 70763) resident is $91,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Point, LouisianaUnited States
  96
  -7.4%-6.2%
  21.5%33.5%
  8.0%6.2%
  6.0%4.6%
  $38,385$37,638
  $91,250$69,021
  $107,212$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  10.1%6.8%
  26.8%10.0%
  1.7%2.5%
  7.0%11.0%
  4.9%4.8%
  1.3%0.8%
  0.9%1.9%
  1.2%4.7%
  4.2%1.9%
  2.8%7.6%
  0.0%0.1%
  1.7%4.2%
  6.4%9.3%
  18.0%14.0%
  0.4%2.1%
  4.1%7.0%
  3.5%4.8%
  4.6%4.7%
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