70560 New Iberia, LA is a great place to live and has plenty of local businesses to choose from. One of the main advantages of New Iberia is that the average cost for a two bedroom rental in the area is $930, much lower than the national average of $1,430. Grocery costs are also more affordable in New Iberia with a grocery cost index of 93 versus 100 for the US as a whole.
New Iberia has plenty of local businesses to explore including Meche's Donut King where you can find delicious donuts and other breakfast treats. For lunch or dinner, try one of many local restaurants like La Pizzeria where you can get some tasty Italian food. Mouton's TV & Appliance Store offers all your home needs from furniture to electronics and appliances. Finally, visit Cajun Market II for groceries or for unique gifts related to Cajun culture.
New Iberia (zip 70560) has an unemployment rate of 10.1%. The US average is 6.0%.
New Iberia (zip 70560) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 7.3%, which is lower than the US average of 33.5%.
Tax Rates for New Iberia (zip 70560)
- The Sales Tax Rate for New Iberia (zip 70560) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for New Iberia (zip 70560) 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 New Iberia (zip 70560)
- The average income of a New Iberia (zip 70560) resident is $20,602 a year. The US average is $28,555 a year.
- The Median household income of a New Iberia (zip 70560) resident is $44,371 a year. The US average is $69,021 a year.