Arcadia, Louisiana (Zip code 71001) is a small city with an estimated population of 5,040. The cost of living in Arcadia is considerably lower than the US average, with two-bedroom rent at $660 compared to the national average of $1,430. Grocery costs also follow this trend, with an index of 88 versus 100 in the US.
Local employers in Arcadia are mostly focused on agriculture and manufacturing. Major employers include Lorna Livestock Farms and Dixie Oilfield Supply Co., both of which specialize in agricultural supplies and services related to oilfields. Other local businesses include Bergeron Sanitation LLC, which specializes in portable restroom rentals for events and construction sites as well as Love’s Gift Shop & Boutique and Brick House BBQ & Grill.
In conclusion, the cost of living in Arcadia is low compared to other parts of the country due to its relatively small population size and limited economic opportunities. However, it has several locally owned businesses that provide essential services such as agriculture supplies and restroom rentals.
Arcadia (zip 71001) has an unemployment rate of 6.5%. The US average is 6.0%.
Arcadia (zip 71001) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Arcadia (zip 71001)
- The Sales Tax Rate for Arcadia (zip 71001) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Arcadia (zip 71001) 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 Arcadia (zip 71001)
- The average income of a Arcadia (zip 71001) resident is $25,657 a year. The US average is $28,555 a year.
- The Median household income of a Arcadia (zip 71001) resident is $34,666 a year. The US average is $69,021 a year.