Zip 70580 (Reddell, LA) Economy


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United States / Louisiana / No Metro Area / Evangeline County / Reddell / Reddell (zip 70580)
Reddell, Louisiana is a small town located in the state's Acadiana region. The cost of living for two bedroom rentals is significantly lower than the US average, at only $760. Grocery costs are also much lower than in the US, with a grocery cost index of 88 compared to the US index of 100. Reddell does have several local businesses that contribute to its economy. Notable businesses include Ruston Pecan Company, which offers locally-grown pecans; The Trading Post Market and Deli, which serves up tasty deli sandwiches; and La Chute Hogs Hunting Preserve, providing excellent hunting opportunities for visitors. Residents who live in Reddell enjoy an overall more affordable lifestyle than most large cities in the US.

Reddell (zip 70580) has an unemployment rate of 6.0%. The US average is 6.0%.

Reddell (zip 70580) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 14.7%, which is lower than the US average of 33.5%.

Tax Rates for Reddell (zip 70580)
- The Sales Tax Rate for Reddell (zip 70580) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Reddell (zip 70580) 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 Reddell (zip 70580)
- The average income of a Reddell (zip 70580) resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Reddell (zip 70580) resident is $50,452 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReddell, LouisianaUnited States
  66
  -2.8%-6.2%
  14.7%33.5%
  9.5%6.2%
  6.0%4.6%
  $33,196$37,638
  $50,452$69,021
Family Median Income 85028
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