Morgan City, LA, with zip code 70380, is a city located in St. Mary Parish in Louisiana. It offers its residents a relatively low cost of living compared to the US average. Two bedroom rentals in Morgan City are available for $910 whereas the US average is $1,430. Additionally, the Grocery Cost Index in Morgan City is 94 while it averages 100 across the US. This makes groceries more affordable here than in many other parts of the country.
Local businesses that can be found in Morgan City include Whalen's Beverage Center, T-Bones Seafood and Steakhouse and Bo-Mac Contractors Inc., just to name a few. With its low cost of living and numerous local businesses to choose from, Morgan City can be an ideal place for those looking for affordability without having to sacrifice quality or convenience.
Morgan City (zip 70380) has an unemployment rate of 8.3%. The US average is 6.0%.
Morgan City (zip 70380) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 2.8%, which is lower than the US average of 33.5%.
Tax Rates for Morgan City (zip 70380)
- The Sales Tax Rate for Morgan City (zip 70380) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Morgan City (zip 70380) 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 Morgan City (zip 70380)
- The average income of a Morgan City (zip 70380) resident is $24,185 a year. The US average is $37,638 a year.
- The Median household income of a Morgan City (zip 70380) resident is $41,075 a year. The US average is $69,021 a year.