70357 Golden Meadow, LA is a small town located in Louisiana with a population of 2,733. It is relatively affordable to rent a two-bedroom apartment here with an average cost of $910. This is significantly lower than the national average of $1,430 for two-bedroom rentals. The cost of groceries here is also more reasonable than the national average with an index score of 92 versus 100 in the US.
The town has seen growth recently due to several local businesses and industries expanding their operations in the area. The main employers include Gold Meadow Shipyard, Lucky Farms Poultry Processing Plant, Cajun Fishing Charters, C&M Fabricators Inc., and T-W Marine.
The median income for households in 70357 Golden Meadow, LA is slightly higher than the national average at $46,697. The poverty rate here is 23%, which is almost 5% lower than the US rate of 28%. Despite this fact, there are still many people living beneath their means who could benefit from assistance programs offered by local companies and charities like the Golden Meadow Community Center and Our Lady of Prompt Succor Catholic Church.
Golden Meadow (zip 70357) has an unemployment rate of 5.0%. The US average is 6.0%.
Golden Meadow (zip 70357) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Golden Meadow (zip 70357)
- The Sales Tax Rate for Golden Meadow (zip 70357) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Golden Meadow (zip 70357) 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 Golden Meadow (zip 70357)
- The average income of a Golden Meadow (zip 70357) resident is $25,223 a year. The US average is $37,638 a year.
- The Median household income of a Golden Meadow (zip 70357) resident is $47,742 a year. The US average is $69,021 a year.