Zip 71245 (Grambling, LA) Economy


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Grambling, LA is a small city located in Lincoln Parish. The average two bedroom rent in the area is $830, which is lower than the US average of $1,430. The grocery cost index in Grambling is 91 versus 100 in the US. Major companies and employers located in Grambling are Walmart, Sonic Drive-in, McDonald's, Burger King, Dairy Queen, La Quinta Inn & Suites by Wyndham Grambling LA, and Bank of Homer. There are also a number of local businesses that offer services such as auto repair shops, automotive parts stores and gas stations.

Grambling (zip 71245) has an unemployment rate of 4.7%. The US average is 6.0%.

Grambling (zip 71245) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Grambling (zip 71245)
- The Sales Tax Rate for Grambling (zip 71245) is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Grambling (zip 71245) 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 Grambling (zip 71245)
- The average income of a Grambling (zip 71245) resident is $16,401 a year. The US average is $37,638 a year.
- The Median household income of a Grambling (zip 71245) resident is $28,795 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrambling, LouisianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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