Houma, LA (70363) is a vibrant city with many local attractions and businesses. The average two bedroom rental cost in Houma is significantly lower than the national average at $880 a month while the grocery cost index is slightly lower at 95 compared to 100 across the US. Residents of Houma can enjoy the local restaurants like Roux 61 Cajun Bistro, Oscar’s Restaurant & Oyster Bar or Thai Spice Cuisine and shop at stores such as Home Depot or Walmart. Apart from the major retailers, there are also some unique local businesses like Nellie’s Gifts & Bridal Boutique and Rick Chouest's Marine Equipment & Supply Co., Inc. that provide invaluable services to the community.
Houma (zip 70363) has an unemployment rate of 7.4%. The US average is 6.0%.
Houma (zip 70363) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 1.1%, which is lower than the US average of 33.5%.
Tax Rates for Houma (zip 70363)
- The Sales Tax Rate for Houma (zip 70363) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Houma (zip 70363) 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 Houma (zip 70363)
- The average income of a Houma (zip 70363) resident is $22,665 a year. The US average is $37,638 a year.
- The Median household income of a Houma (zip 70363) resident is $39,421 a year. The US average is $69,021 a year.