Living in 71356 Morrow, LA has many advantages. The cost of living is more affordable than the US as a whole with an average 2 bedroom rent of $750 compared to $1,430 across the US. Grocery costs are also lower with an index rating of 93 versus 100 in the US. The area is home to companies such as Cheetah International LLC, Evergreen Health Care Center, and JLJ Oilfield Services Inc., making it easy to find employment nearby. With its low cost of living and convenient access to local businesses, 71356 Morrow offers an excellent quality of life for residents.
Morrow (zip 71356) has an unemployment rate of 7.2%. The US average is 6.0%.
Morrow (zip 71356) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.
Tax Rates for Morrow (zip 71356)
- The Sales Tax Rate for Morrow (zip 71356) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Morrow (zip 71356) 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 Morrow (zip 71356)
- The average income of a Morrow (zip 71356) resident is $13,350 a year. The US average is $37,638 a year.
- The Median household income of a Morrow (zip 71356) resident is $0 a year. The US average is $69,021 a year.