70450 Mount Hermon, LA is a small town with a population of 661. It's located in Washington Parish and is known for its small-town charm. The 2 Bedroom Rent in 70450 Mount Hermon, LA is $860, which is significantly lower than the US average 2 bedroom rent of $1,430. The grocery cost index in 70450 Mount Hermon, LA is also lower at 93 versus 100 in the US. This means that overall, the cost of living in this small town is much lower than other areas across the country.
Local businesses found in 70450 Mount Hermon, LA include churches, restaurants and convenience stores such as Mt. Hermon Grocery & Deli, G&C BBQ and Country Store, and The Mount Zion Missionary Baptist Church. There are also numerous beauty salons and barber shops scattered throughout town like The Hair Station Beauty Salon & Barber Shop and J&L Hair Care Salon too. These local companies contribute to making 70450 Mount Hermon, LA an attractive place to live due to the low cost of living combined with access to necessary amenities for everyday life.
Mount Hermon (zip 70450) has an unemployment rate of 6.8%. The US average is 6.0%.
Mount Hermon (zip 70450) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Mount Hermon (zip 70450)
- The Sales Tax Rate for Mount Hermon (zip 70450) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Mount Hermon (zip 70450) 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 Mount Hermon (zip 70450)
- The average income of a Mount Hermon (zip 70450) resident is $14,529 a year. The US average is $28,555 a year.
- The Median household income of a Mount Hermon (zip 70450) resident is $50,125 a year. The US average is $69,021 a year.