Zip 71427 (Flatwoods, LA) Economy


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United States / Louisiana / Alexandria Metro Area / Rapides County / No City / Flatwoods (zip 71427)
71427 Flatwoods, LA is a great place to live because of its low cost of living. The average rent for a two bedroom apartment in the area is only $800 which is nearly half the national average, and the grocery cost index is 90 compared to 100 in the US. Living in 71427 Flatwoods means having access to local businesses like Hixson's Grocery, Cotton Gin Restaurant & Lounge, and The General Store. All of these offer quality products and services at an affordable price. There's also Halcomb's Auto Repair for all your automotive needs, plus many more! Whether you're looking for groceries, dining out, or car repairs, 71427 Flatwoods has it all.

Flatwoods (zip 71427) has an unemployment rate of 4.4%. The US average is 6.0%.

Flatwoods (zip 71427) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.

Tax Rates for Flatwoods (zip 71427)
- The Sales Tax Rate for Flatwoods (zip 71427) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Flatwoods (zip 71427) 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 Flatwoods (zip 71427)
- The average income of a Flatwoods (zip 71427) resident is $21,736 a year. The US average is $28,555 a year.
- The Median household income of a Flatwoods (zip 71427) resident is $20,987 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlatwoods, LouisianaUnited States
  4.46
  -2.1%-6.2%
  18.1%33.5%
  8.0%6.2%
  6.0%4.6%
  $10,318$37,638
  $20,987$69,021
  $21,250$85,028
  Population by Occupation
  0.0%1.2%
  14.3%0.5%
  14.3%6.8%
  7.1%10.0%
  0.0%2.5%
  0.0%11.0%
  7.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  14.3%1.9%
  0.0%7.6%
  0.0%0.1%
  21.4%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  21.4%4.8%
  0.0%4.7%
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