Zip 71055 (Minden, LA) Economy


Reviews



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Minden, Louisiana (zip code 71055) is a small town located in Webster Parish. It is a great place to live due to its relatively low cost of living. Rent for a two bedroom residence in this area is $730 compared to the US average of $1,430. Grocery costs are also notably lower with an index of 89 compared to 100 for the US as a whole. Local businesses include The Chamber of Commerce, Minden Meat Processing Co., and J&M Land Management LLC. These companies offer various services that support the local community and contribute to prosperous growth in the Minden area.

Minden (zip 71055) has an unemployment rate of 6.0%. The US average is 6.0%.

Minden (zip 71055) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 16.0%, which is lower than the US average of 33.5%.

Tax Rates for Minden (zip 71055)
- The Sales Tax Rate for Minden (zip 71055) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Minden (zip 71055) 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 Minden (zip 71055)
- The average income of a Minden (zip 71055) resident is $19,619 a year. The US average is $37,638 a year.
- The Median household income of a Minden (zip 71055) resident is $28,730 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMinden, LouisianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Minden
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Over 8 years ago

Where to begin. I have lived in Minden for 30 years. My husband was born and raised here. We want to move. The new mayor signed a contract with a large electric company  More

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