Hammond, LA, with zip code 70403 is an exciting and affordable area to live. Located in Tangipahoa Parish, it offers a 2 bedroom rent for $1,000 which is significantly lower than the US average of $1430. Additionally, the Grocery Cost Index here is 96 as opposed to 100 in the US. The area boasts a variety of attractions and companies including International Paper Company, Hammond Downtown Development District, North Oaks Medical Center and Tickfaw State Park. Hammond also offers great shopping opportunities at Tanger Outlets and delicious dining experiences all over town. This bustling city truly has something for everyone!
Hammond (zip 70403) has an unemployment rate of 7.4%. The US average is 6.0%.
Hammond (zip 70403) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Hammond (zip 70403)
- The Sales Tax Rate for Hammond (zip 70403) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Hammond (zip 70403) 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 Hammond (zip 70403)
- The average income of a Hammond (zip 70403) resident is $24,970 a year. The US average is $37,638 a year.
- The Median household income of a Hammond (zip 70403) resident is $49,675 a year. The US average is $69,021 a year.