Zip 70601 (Lake Charles, LA) Economy


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Lake Charles, LA with zip code 70601 is home to a variety of local businesses that offer a wide range of services. The average two bedroom rental cost in the area is $1,000 compared to $1,430 nationally. Grocery costs in Lake Charles are also lower than the national average, with an index of 92 versus 100 in the US. Local businesses providing services to residents include Home Bank providing banking and lending products, Mardi Gras Lanes for family fun entertainment, or Savannah's Interiors providing custom interior design solutions. Beyond these options, many other businesses across industries serve the Lake Charles community as well.

Lake Charles (zip 70601) has an unemployment rate of 8.7%. The US average is 6.0%.

Lake Charles (zip 70601) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 54.2%, which is higher than the US average of 33.5%.

Tax Rates for Lake Charles (zip 70601)
- The Sales Tax Rate for Lake Charles (zip 70601) is 10.2%. The US average is 7.3%.
- The Income Tax Rate for Lake Charles (zip 70601) 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 Charles (zip 70601)
- The average income of a Lake Charles (zip 70601) resident is $19,392 a year. The US average is $28,555 a year.
- The Median household income of a Lake Charles (zip 70601) resident is $44,108 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Charles, LouisianaUnited States
  8.76
  -13.6%-6.2%
  54.2%33.5%
  10.2%6.2%
  6.0%4.6%
  $31,111$37,638
  $44,108$69,021
  $63,141$85,028
  Population by Occupation
  0.3%1.2%
  1.0%0.5%
  7.7%6.8%
  7.3%10.0%
  0.9%2.5%
  14.8%11.0%
  2.5%4.8%
  1.5%0.8%
  2.6%1.9%
  6.0%4.7%
  1.6%1.9%
  3.2%7.6%
  0.0%0.1%
  4.0%4.2%
  6.4%9.3%
  15.7%14.0%
  6.1%2.1%
  9.7%7.0%
  6.1%4.8%
  2.7%4.7%
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