Zip 71037 (Red Chute, LA) Economy


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Located in Red Chute, Louisiana, 71037 is a town with an estimated population of 3,107 as of 2018. It has a 2 bedroom rent cost of $1,070, which is considerably lower than the US average of $1,430. Additionally, the Grocery Cost Index for this area is slightly lower than the US average at 95 versus 100.
When looking for housing and groceries in Red Chute, companies such as Whitetail Properties Real Estate LLC and CVS Pharmacy are great resources. With Whitetail Properties Real Estate LLC you can easily find affordable housing in Red Chute. CVS Pharmacy offers competitive prices on groceries to ensure that you get the most bang for your buck when shopping for food in Red Chute.

Red Chute (zip 71037) has an unemployment rate of 4.5%. The US average is 6.0%.

Red Chute (zip 71037) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Red Chute (zip 71037)
- The Sales Tax Rate for Red Chute (zip 71037) is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Red Chute (zip 71037) 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 Red Chute (zip 71037)
- The average income of a Red Chute (zip 71037) resident is $28,417 a year. The US average is $28,555 a year.
- The Median household income of a Red Chute (zip 71037) resident is $55,297 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRed Chute, LouisianaUnited States
  4.56
  -5.2%-6.2%
  21.6%33.5%
  8.7%6.2%
  6.0%4.6%
  $27,219$37,638
  $55,297$69,021
  $69,049$85,028
  Population by Occupation
  0.9%1.2%
  6.9%0.5%
  6.5%6.8%
  10.6%10.0%
  1.9%2.5%
  12.8%11.0%
  4.5%4.8%
  2.2%0.8%
  0.8%1.9%
  1.0%4.7%
  1.0%1.9%
  5.6%7.6%
  0.0%0.1%
  2.4%4.2%
  4.8%9.3%
  12.2%14.0%
  3.8%2.1%
  6.4%7.0%
  7.1%4.8%
  8.5%4.7%
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