Zip 70647 (Iowa, LA) Economy


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70647 Iowa, LA is a small town located in the state of Louisiana. The average two-bedroom rent in the area is $960, which is much lower than the national average of $1,430. The grocery cost index in the area is 92 compared to 100 for the US as a whole. This makes living in this area very affordable. The town boasts several local businesses such as Iowa Kountry Grocery, Don's Pharmacy, and Sandy Gully Cafe. All three of these places offer great service and residents can find all their needs taken care of here. Additionally, there are several other local stores that provide goods and services to make life easier for its citizens. Those looking for a quiet place to call home should definitely consider 70647 Iowa, LA for its affordability and friendly local businesses.

Iowa (zip 70647) has an unemployment rate of 6.9%. The US average is 6.0%.

Iowa (zip 70647) has seen the job market decrease by -13.6% over the last year. Future job growth over the next ten years is predicted to be 54.1%, which is higher than the US average of 33.5%.

Tax Rates for Iowa (zip 70647)
- The Sales Tax Rate for Iowa (zip 70647) is 10.2%. The US average is 7.3%.
- The Income Tax Rate for Iowa (zip 70647) 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 Iowa (zip 70647)
- The average income of a Iowa (zip 70647) resident is $26,460 a year. The US average is $37,638 a year.
- The Median household income of a Iowa (zip 70647) resident is $60,342 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIowa, 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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