In the small town of French Settlement, Louisiana (zip code 70733), the average two bedroom rent is $950 per month. This is much less than the US average of $1,430 for a two bedroom rental. The cost of groceries in French Settlement is also lower than that of the United States with an index of 94 compared to 100 in the US.
The economy of French Settlement is largely supported by local businesses such as The General Store, which provides snacks, drinks and other general items; Spanky’s BBQ, a restaurant serving up Southern-style BBQ; and Jones Hardware, a family-owned hardware store offering a wide selection of tools and supplies. All three businesses help create jobs for members of the community while providing services in line with residents' needs.
French Settlement (zip 70733) has an unemployment rate of 4.2%. The US average is 6.0%.
French Settlement (zip 70733) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for French Settlement (zip 70733)
- The Sales Tax Rate for French Settlement (zip 70733) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for French Settlement (zip 70733) 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 French Settlement (zip 70733)
- The average income of a French Settlement (zip 70733) resident is $24,975 a year. The US average is $28,555 a year.
- The Median household income of a French Settlement (zip 70733) resident is $56,023 a year. The US average is $69,021 a year.