The city of Lake Arthur, LA (70549) is a small town located in the southwestern portion of the state with an estimated population of nearly 2,400 people. Despite its small size, the city offers plenty of amenities for its residents, including affordable housing options. The average two bedroom rental cost in this area is $700 per month, which is significantly cheaper than the national average of $1,430 per month. Grocery costs are also much lower than other areas in Louisiana with a grocery cost index of 89 compared to the US average of 100.
In terms of employment opportunities, there are several local businesses within the city that offer jobs and career advancement for Lake Arthur's residents. These include D&D Foods Inc., S & S Towing Services Inc., and FBC Investments LLC - all located within or nearby Lake Arthur. With excellent schools and a wide range of recreational activities available throughout the year, this city can provide a good quality life for families at an affordable price.
Lake Arthur (zip 70549) has an unemployment rate of 5.5%. The US average is 6.0%.
Lake Arthur (zip 70549) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Lake Arthur (zip 70549)
- The Sales Tax Rate for Lake Arthur (zip 70549) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Arthur (zip 70549) 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 Lake Arthur (zip 70549)
- The average income of a Lake Arthur (zip 70549) resident is $23,232 a year. The US average is $37,638 a year.
- The Median household income of a Lake Arthur (zip 70549) resident is $32,451 a year. The US average is $69,021 a year.