Zip 70750 (Krotz Springs, LA) Economy


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70750 Krotz Springs, LA is an ideal location for those looking for a close-knit community. The 2 Bedroom Rent in this area is $870 significantly lower than the US average of $1,430. The Grocery Cost Index is also lower than the US average at 92 versus 100 in the US. The small town of Krotz Springs has several local companies and attractions that make it a great place to live. For instance, the nearby Pecan Island Wildlife Management Area provides outdoor activities like hunting, fishing and bird watching. There are also several restaurants like LaFleur’s Restaurant and Catfish Galley that offer home cooked meals. As for events, Krotz Springs hosts an annual Cajun Festival which celebrates creole culture with music and traditional Louisiana cuisine.

Krotz Springs (zip 70750) has an unemployment rate of 7.2%. The US average is 6.0%.

Krotz Springs (zip 70750) 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 13.2%, which is lower than the US average of 33.5%.

Tax Rates for Krotz Springs (zip 70750)
- The Sales Tax Rate for Krotz Springs (zip 70750) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Krotz Springs (zip 70750) 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 Krotz Springs (zip 70750)
- The average income of a Krotz Springs (zip 70750) resident is $20,362 a year. The US average is $28,555 a year.
- The Median household income of a Krotz Springs (zip 70750) resident is $28,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKrotz Springs, LouisianaUnited States
  7.26
  -2.2%-6.2%
  13.2%33.5%
  10.0%6.2%
  6.0%4.6%
  $22,947$37,638
  $28,571$69,021
  $28,681$85,028
  Population by Occupation
  6.7%1.2%
  2.3%0.5%
  24.9%6.8%
  12.8%10.0%
  3.2%2.5%
  5.5%11.0%
  0.0%4.8%
  5.5%0.8%
  0.0%1.9%
  2.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  13.0%14.0%
  13.3%2.1%
  2.9%7.0%
  0.0%4.8%
  7.5%4.7%
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