70433 Covington, LA is a great place to live due to the affordability of rent. It has a 2 bedroom rent of only $1,400 compared to the US average of $1,430. Not only is rent affordable in this area but groceries are also very low cost - it has a Grocery Cost Index of 99 compared to the US average of 100.
The city is full of local businesses that provide ample employment opportunities as well as opportunities for fun and entertainment. Some popular establishments in the area include Del Porto Ristorante, Cafe Du Monde, and Fleur de Lis Coffee Pub. There are also plenty of amenities such as theaters, parks, and bike trails for outdoor activities. The city also hosts several festivals throughout the year that offer unique experiences and entertainment options for residents and visitors alike.
Covington (zip 70433) has an unemployment rate of 4.4%. The US average is 6.0%.
Covington (zip 70433) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Covington (zip 70433)
- The Sales Tax Rate for Covington (zip 70433) is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Covington (zip 70433) 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 Covington (zip 70433)
- The average income of a Covington (zip 70433) resident is $34,104 a year. The US average is $28,555 a year.
- The Median household income of a Covington (zip 70433) resident is $71,772 a year. The US average is $69,021 a year.