Madisonville, Louisiana is a charming small town located in St. Tammany Parish. It has a population of approximately 7,000 people, and the median home price is $231,800. The cost of living in Madisonville is slightly higher than average for the United States, with two-bedroom rental costs at $1,560 compared to the US national average of $1,430. The grocery cost index in Madisonville is also slightly higher than the national average at 100 versus 100.
Madisonville is home to several businesses that make it an ideal place to live. Local stores include Brookshire’s Grocery Store where residents can purchase all their groceries and supplies; Village Cheese House which serves up delicious cheeses; Kingfish Boutique that offers stylish clothing choices; H&H Realty for real estate needs; and Dynasty Furniture that carries quality furniture and accessories.
Overall, Madisonville is a great place to live due to its close-knit community feel and reasonable cost of living despite being slightly higher than average for the United States. With plenty of local businesses to choose from and reasonably priced housing options available, Madisonville offers something for everyone.
Madisonville (zip 70447) has an unemployment rate of 4.4%. The US average is 6.0%.
Madisonville (zip 70447) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Madisonville (zip 70447)
- The Sales Tax Rate for Madisonville (zip 70447) is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Madisonville (zip 70447) 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 Madisonville (zip 70447)
- The average income of a Madisonville (zip 70447) resident is $42,344 a year. The US average is $37,638 a year.
- The Median household income of a Madisonville (zip 70447) resident is $117,363 a year. The US average is $69,021 a year.