Homer, Louisiana is a small town located in the northern part of the state. It has a population of approximately 7,104 people and is known for its scenic beauty and friendly atmosphere. The average 2 bedroom rent is $870, which is significantly lower than the national average of $1,430. Additionally, the local grocery cost index in Homer is 88 versus 100 in the US. This makes it a desirable place to live for those looking for a comfortable lifestyle and reasonable budget.
Aside from its low cost of living, Homer offers various attractions and recreational activities. Outdoor recreation enthusiasts can explore one of Homer's many parks or take advantage of nearby lakes and hiking trails. There are also several businesses and restaurants in town ranging from local diners to banks and gas stations. For a fun night out on the town there are bowling alleys and bars as well as museums that showcase the area’s rich history.
Homer (zip 71040) has an unemployment rate of 5.1%. The US average is 6.0%.
Homer (zip 71040) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Homer (zip 71040)
- The Sales Tax Rate for Homer (zip 71040) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Homer (zip 71040) 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 Homer (zip 71040)
- The average income of a Homer (zip 71040) resident is $16,281 a year. The US average is $37,638 a year.
- The Median household income of a Homer (zip 71040) resident is $27,742 a year. The US average is $69,021 a year.