Zip 70041 (Buras, LA) Economy


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70041 Buras, Louisiana is a small town located along the Gulf Coast. It offers an array of local amenities such as shopping, dining, and entertainment options. The area is home to several locally owned businesses including Big Mike's Catfish House, Grand Isle Boat Rentals, and End of the Road Marina. Buras residents can also enjoy recreational activities such as fishing and boating on nearby waterways.
The cost of living in 70041 Buras is lower than many other cities. 2 Bedroom rent in Buras is $1,130 compared to $1,430 in the US overall. Additionally, the Grocery Cost Index in Buras is 92 versus 100 in the US. On average, this makes it more affordable for individuals and families to live in 70041 Buras than other areas with higher costs of living.

Buras (zip 70041) has an unemployment rate of 4.9%. The US average is 6.0%.

Buras (zip 70041) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Buras (zip 70041)
- The Sales Tax Rate for Buras (zip 70041) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Buras (zip 70041) 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 Buras (zip 70041)
- The average income of a Buras (zip 70041) resident is $25,142 a year. The US average is $28,555 a year.
- The Median household income of a Buras (zip 70041) resident is $33,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuras, LouisianaUnited States
  4.96
  -7.3%-6.2%
  23.4%33.5%
  9.0%6.2%
  6.0%4.6%
  $25,548$37,638
  $33,750$69,021
  $40,833$85,028
  Population by Occupation
  20.0%1.2%
  6.8%0.5%
  4.5%6.8%
  4.4%10.0%
  5.0%2.5%
  11.9%11.0%
  5.9%4.8%
  0.0%0.8%
  2.2%1.9%
  0.0%4.7%
  0.0%1.9%
  0.7%7.6%
  0.0%0.1%
  1.5%4.2%
  9.2%9.3%
  1.2%14.0%
  7.0%2.1%
  8.3%7.0%
  7.6%4.8%
  4.0%4.7%
Health