Monroe, LA (zip code 71203) is an excellent place to consider for renting a 2 bedroom apartment. The average rent cost is $960, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Monroe is 92 versus 100 in the US. These make Monroe a great value for anyone looking for reasonable rental costs and affordable groceries. If you are looking to rent in Monroe, LA, some companies you can explore include Apartments at River Hollow, Park Place Apartments, Pinewood Terrace Apartments, and The Landing at Monroe. With all these options available to you in Monroe this city can be an excellent choice for renting your new home.
Monroe (zip 71203) has an unemployment rate of 7.8%. The US average is 6.0%.
Monroe (zip 71203) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Monroe (zip 71203)
- The Sales Tax Rate for Monroe (zip 71203) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Monroe (zip 71203) 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 Monroe (zip 71203)
- The average income of a Monroe (zip 71203) resident is $24,962 a year. The US average is $37,638 a year.
- The Median household income of a Monroe (zip 71203) resident is $40,388 a year. The US average is $69,021 a year.