Zip 70748 (Jackson, LA) Economy


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equestId":"3a2e9c5d-8423-4fc3-93a1-36b61ee33996","resource":"content","data":[{"id":"txt_48fa36ad28604176a808751d245e5559","text":", and provide examples of the cost of living\nJackson, Louisiana is a great place to live and work due to its low cost of living. The average two-bedroom rent in Jackson is $860, which is significantly lower than the US average of $1,430. The grocery cost index in Jackson is 97 versus 100 in the US, which means groceries are more affordable here. Living in Jackson does not mean sacrificing quality though as there are many locally owned businesses that offer great products and services. For example, Terry's Electric provides high quality home electrical services at reasonable prices. However if you prefer shopping at national stores then there are places like Walmart or Target nearby for your convenience. All in all, Jackson is a great place to live with low costs and plenty of options for local services.

Jackson (zip 70748) has an unemployment rate of 5.1%. The US average is 6.0%.

Jackson (zip 70748) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Jackson (zip 70748)
- The Sales Tax Rate for Jackson (zip 70748) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Jackson (zip 70748) 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 Jackson (zip 70748)
- The average income of a Jackson (zip 70748) resident is $16,368 a year. The US average is $28,555 a year.
- The Median household income of a Jackson (zip 70748) resident is $54,405 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJackson, LouisianaUnited States
  5.16
  -5.0%-6.2%
  25.3%33.5%
  9.5%6.2%
  6.0%4.6%
  $19,565$37,638
  $54,405$69,021
  $67,883$85,028
  Population by Occupation
  1.6%1.2%
  0.6%0.5%
  8.6%6.8%
  6.4%10.0%
  1.7%2.5%
  6.0%11.0%
  2.1%4.8%
  2.3%0.8%
  0.0%1.9%
  5.0%4.7%
  1.4%1.9%
  1.6%7.6%
  0.8%0.1%
  4.3%4.2%
  5.6%9.3%
  24.0%14.0%
  3.1%2.1%
  12.4%7.0%
  4.0%4.8%
  8.6%4.7%
Health