Zip 70342 (Berwick, LA) Economy


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\nBerwick, LA 70342 is a great place to live with an affordable cost of living. The average two bedroom rent in the area is only $750, compared to the US average of $1,430. Similarly, groceries are much cheaper than the US as a whole, coming in at 95 on the index versus 100 for the US. There are plenty of local companies in Berwick that cater to both residents and visitors alike. Local favorites include J & K Family Restaurant for home-cooked comfort food and Maysonet’s Grocery for fresh produce and pantry items. The town also has several excellent schools including Central Catholic High School and Berwick Junior High School for families looking to settle down in Berwick. All these factors make Berwick an ideal place to live with a great cost of living that won’t break your budget!

Berwick (zip 70342) has an unemployment rate of 8.3%. The US average is 6.0%.

Berwick (zip 70342) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 2.2%, which is lower than the US average of 33.5%.

Tax Rates for Berwick (zip 70342)
- The Sales Tax Rate for Berwick (zip 70342) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Berwick (zip 70342) 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 Berwick (zip 70342)
- The average income of a Berwick (zip 70342) resident is $24,076 a year. The US average is $28,555 a year.
- The Median household income of a Berwick (zip 70342) resident is $47,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerwick, LouisianaUnited States
  8.36
  -5.9%-6.2%
  2.2%33.5%
  8.5%6.2%
  6.0%4.6%
  $28,536$37,638
  $47,964$69,021
  $86,141$85,028
  Population by Occupation
  0.9%1.2%
  7.3%0.5%
  6.1%6.8%
  12.2%10.0%
  2.0%2.5%
  12.8%11.0%
  10.0%4.8%
  0.0%0.8%
  3.2%1.9%
  3.3%4.7%
  1.2%1.9%
  2.5%7.6%
  0.0%0.1%
  1.5%4.2%
  10.5%9.3%
  9.4%14.0%
  2.4%2.1%
  6.8%7.0%
  4.6%4.8%
  3.3%4.7%
Health