Lake Charles, LA is a great city to live in and offers a range of activities and amenities for its residents. The 2 bedroom rent in the area is $1,270 which is significantly lower than the US average of $1,430. This makes it more affordable to call Lake Charles home. Additionally, the grocery cost index in Lake Charles is 96 compared to the national average of 100.
The city boasts plenty of job opportunities with local companies such as Citgo Petroleum Corporation , Sasol North America Inc., and Westlake Chemical Corporation providing employment options within the area. With these employers and many others located here, there are plenty of job opportunities available in Lake Charles for those interested. Additionally, the cost of living in the area is much lower than that of other cities so even with all these amenities you can still save money while enjoying all that Lake Charles has to offer!
Lake Charles (zip 70605) has an unemployment rate of 8.7%. The US average is 6.0%.
Lake Charles (zip 70605) 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 54.2%, which is higher than the US average of 33.5%.
Tax Rates for Lake Charles (zip 70605)
- The Sales Tax Rate for Lake Charles (zip 70605) is 10.2%. The US average is 7.3%.
- The Income Tax Rate for Lake Charles (zip 70605) 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 70605)
- The average income of a Lake Charles (zip 70605) resident is $40,520 a year. The US average is $37,638 a year.
- The Median household income of a Lake Charles (zip 70605) resident is $81,404 a year. The US average is $69,021 a year.