Zip 70543 (Iota, LA) Economy


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Iota, LA (zip code 70543) is a small town located in Acadia Parish with an estimated population of 1,666 people as of 2020. According to Zillow, the median 2 bedroom rent cost in Iota is $730 per month. This is significantly lower than the US median 2 bedroom rent cost of $1,430 per month. Additionally, the Grocery Cost Index in Iota is 91 versus 100 in the US. \nFor individuals looking for employment opportunities nearby Iota, some popular local companies are Hebert’s Specialty Meats which produces smoked meats and sausages; The Glass Man Inc., a glass shop providing various services including windows installation and repair; and Southern Disposal Solutions LLC, a locally owned waste removal company. All information was sourced from www.zillow.com and www.yelp.com

Iota (zip 70543) has an unemployment rate of 5.7%. The US average is 6.0%.

Iota (zip 70543) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 10.5%, which is lower than the US average of 33.5%.

Tax Rates for Iota (zip 70543)
- The Sales Tax Rate for Iota (zip 70543) is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Iota (zip 70543) 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 Iota (zip 70543)
- The average income of a Iota (zip 70543) resident is $21,527 a year. The US average is $28,555 a year.
- The Median household income of a Iota (zip 70543) resident is $65,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIota, LouisianaUnited States
  5.76
  -4.9%-6.2%
  10.5%33.5%
  8.7%6.2%
  6.0%4.6%
  $30,040$37,638
  $65,357$69,021
  $90,568$85,028
  Population by Occupation
  1.8%1.2%
  4.4%0.5%
  7.1%6.8%
  9.7%10.0%
  0.0%2.5%
  6.4%11.0%
  6.8%4.8%
  0.0%0.8%
  0.0%1.9%
  3.2%4.7%
  1.2%1.9%
  5.9%7.6%
  0.0%0.1%
  2.2%4.2%
  18.5%9.3%
  12.1%14.0%
  0.2%2.1%
  8.1%7.0%
  9.7%4.8%
  2.6%4.7%
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