71018 Cotton Valley, LA is a small town located in Webster Parish. The town has a population of 2,293 people and the median household income is $30,868. The average two bedroom rent in this area is $750 compared to the national average of $1,430. Despite its smaller size, there are plenty of local businesses available to provide goods and services to residents. Grocery stores include LaBonne's Market, Bowden's Supermarket, Dollar General, and Food Giant Supermarket. There are also several banks in the area such as Webster Bank & Trust Company and Origin Bank. For shopping needs, there is S&S Clothing Store and Great Southern Outdoors Hunting Supplies. Additionally, 100 Index for groceries in this area is 87 versus the US 100 Index which makes it more affordable for day to day purchases.
Cotton Valley (zip 71018) has an unemployment rate of 6.0%. The US average is 6.0%.
Cotton Valley (zip 71018) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 16.0%, which is lower than the US average of 33.5%.
Tax Rates for Cotton Valley (zip 71018)
- The Sales Tax Rate for Cotton Valley (zip 71018) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Cotton Valley (zip 71018) 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 Cotton Valley (zip 71018)
- The average income of a Cotton Valley (zip 71018) resident is $16,121 a year. The US average is $37,638 a year.
- The Median household income of a Cotton Valley (zip 71018) resident is $32,639 a year. The US average is $69,021 a year.