Zip 70638 (Elizabeth, LA) Economy


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United States / Louisiana / No Metro Area / Allen County / Elizabeth / Elizabeth (zip 70638)
70638 Elizabeth, LA is a small town located in the St. Landry Parish area. The 2 bedroom rent in Elizabeth is much lower than the US national average at $650 versus $1,430. Additionally, the Grocery Cost Index in Elizabeth is 89 compared to 100 nationally. This means that living in Elizabeth is quite affordable overall. Residents can find groceries from local stores like Savoie's Food Center or Donut Palace & Supermarket; hardware stores such as Hardee's Supply Co.; and other retailers like Home Furniture and Appliances, Inc., offering quality goods at an affordable price. All of this combined makes 70638 Elizabeth an attractive location with a lower cost of living than many other cities across the United States.

Elizabeth (zip 70638) has an unemployment rate of 6.4%. The US average is 6.0%.

Elizabeth (zip 70638) has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Elizabeth (zip 70638)
- The Sales Tax Rate for Elizabeth (zip 70638) is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth (zip 70638) 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 Elizabeth (zip 70638)
- The average income of a Elizabeth (zip 70638) resident is $28,638 a year. The US average is $37,638 a year.
- The Median household income of a Elizabeth (zip 70638) resident is $43,036 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElizabeth, LouisianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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