New Orleans, LA 70125 is a great place to call home. The two-bedroom rent in this area is $1,360 which is much less than the US average of $1,430. Groceries in this area are also relatively affordable with a grocery cost index of 103 compared to the national average of 100. With these lower costs of living, it's much easier to stay within budget in New Orleans, LA 70125. There are various local companies that can help residents stay on top of their budget such as TAB Financial Group LLC and BrightLine CPAs & Associates. These companies provide financial advice tailored to each individual client's needs so they can reach their financial goals faster and more easily.
New Orleans (zip 70125) has an unemployment rate of 11.0%. The US average is 6.0%.
New Orleans (zip 70125) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for New Orleans (zip 70125)
- The Sales Tax Rate for New Orleans (zip 70125) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for New Orleans (zip 70125) 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 New Orleans (zip 70125)
- The average income of a New Orleans (zip 70125) resident is $29,853 a year. The US average is $37,638 a year.
- The Median household income of a New Orleans (zip 70125) resident is $52,307 a year. The US average is $69,021 a year.