Zip 70653 (Merryville, LA) Economy


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Living in 70653 Merryville, LA offers affordable rent for 2 bedroom apartments at $710 as compared to the US average of $1,430. Local companies such as Merryville Brick and Stone, Peterson Hardwood Flooring, and Carter's Auto Repair Shop are a few local businesses found in this city. The Grocery Cost Index in Merryville is 89 versus 100 in the US indicating that grocery items purchased here are more affordable than the national average. All these factors makes it an attractive option for anyone looking to saving money by living here with great amenities.

Merryville (zip 70653) has an unemployment rate of 4.4%. The US average is 6.0%.

Merryville (zip 70653) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.

Tax Rates for Merryville (zip 70653)
- The Sales Tax Rate for Merryville (zip 70653) is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Merryville (zip 70653) 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 Merryville (zip 70653)
- The average income of a Merryville (zip 70653) resident is $22,075 a year. The US average is $28,555 a year.
- The Median household income of a Merryville (zip 70653) resident is $56,190 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMerryville, LouisianaUnited States
  4.46
  -4.1%-6.2%
  16.1%33.5%
  9.2%6.2%
  6.0%4.6%
  $26,563$37,638
  $56,190$69,021
  $71,729$85,028
  Population by Occupation
  0.0%1.2%
  6.4%0.5%
  20.8%6.8%
  15.5%10.0%
  0.0%2.5%
  9.9%11.0%
  3.4%4.8%
  3.8%0.8%
  0.7%1.9%
  3.3%4.7%
  2.6%1.9%
  3.9%7.6%
  0.0%0.1%
  1.7%4.2%
  6.7%9.3%
  10.5%14.0%
  0.0%2.1%
  4.0%7.0%
  3.7%4.8%
  3.2%4.7%
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