Zip 71303 (Alexandria, LA) Economy


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71303 Alexandria, LA is a great place to live with plenty of options for living arrangements. The average two bedroom rent in the area is $1,050 which is significantly lower than the US average of $1,430. This makes it an appealing place for people who want to save on their monthly expenses. Additionally, the Grocery Cost Index in 71303 Alexandria stands at 95 compared to 100 across the US which adds to the financial savings potential of this city.
The local economy has plenty of job opportunities for both new graduates and experienced professionals. Companies such as Christus St. Frances Cabrini Hospital, Walmart Distribution Center, Lamar Advertising Company, and Rapides Regional Medical Center are some of the major employers in town providing stable employment opportunities for residents.
Overall 71303 Alexandria is an attractive place to live due to its relatively low cost of living when compared with other cities across America. With its low rent prices and grocery cost index it provides residents with financial freedom allowing them to save more money each month while still enjoying all that this vibrant city has to offer.

Alexandria (zip 71303) has an unemployment rate of 5.6%. The US average is 6.0%.

Alexandria (zip 71303) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 17.0%, which is lower than the US average of 33.5%.

Tax Rates for Alexandria (zip 71303)
- The Sales Tax Rate for Alexandria (zip 71303) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Alexandria (zip 71303) 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 Alexandria (zip 71303)
- The average income of a Alexandria (zip 71303) resident is $27,562 a year. The US average is $28,555 a year.
- The Median household income of a Alexandria (zip 71303) resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlexandria, LouisianaUnited States
  5.66
  -2.1%-6.2%
  17.0%33.5%
  10.0%6.2%
  6.0%4.6%
  $34,698$37,638
  $58,750$69,021
  $63,002$85,028
  Population by Occupation
  0.1%1.2%
  0.6%0.5%
  6.4%6.8%
  5.7%10.0%
  2.0%2.5%
  10.3%11.0%
  2.3%4.8%
  2.8%0.8%
  0.5%1.9%
  4.0%4.7%
  2.7%1.9%
  4.5%7.6%
  0.0%0.1%
  2.7%4.2%
  12.0%9.3%
  21.5%14.0%
  1.4%2.1%
  9.7%7.0%
  3.2%4.8%
  7.7%4.7%
Health