The cost of renting a two bedroom apartment in Geismar, Louisiana (zip code 70734) is $1,200 a month. This is significantly lower than the U.S. average of $1,430. Additionally, the Grocery Cost Index in Geismar is 101 versus 100 in the US. This area offers an affordable cost of living with many local businesses to choose from. Some well-known companies located in this area include ExxonMobil, BASF Corporation and Koch Industries Inc., all three of which are major employers in the region and offer competitive salaries and benefits packages. Other local businesses include Gatorland Trucking Inc., Riser Foods LLC and Orion Marine Group Inc., all of which contribute to the economy of Geismar and provide job opportunities for locals.
Geismar (zip 70734) has an unemployment rate of 4.9%. The US average is 6.0%.
Geismar (zip 70734) 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 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Geismar (zip 70734)
- The Sales Tax Rate for Geismar (zip 70734) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Geismar (zip 70734) 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 Geismar (zip 70734)
- The average income of a Geismar (zip 70734) resident is $30,786 a year. The US average is $28,555 a year.
- The Median household income of a Geismar (zip 70734) resident is $112,320 a year. The US average is $69,021 a year.