Shongaloo, Louisiana is an ideal place to live for those looking for lower costs of living. The average two-bedroom rent in Shongaloo is $720 compared to the US average of $1,430 which provides a much lower financial burden for those wanting to settle down in this area. Similarly, the grocery cost index in Shongaloo is 88 versus 100 in the US providing a 12% savings on food costs alone. For those working or wishing to start a business, local options are plentiful with companies such as Shongaloo Packing Company, Diamond B Choppers and Shongaloo Farmers Co-Op at your disposal. The overall cost of living in Shongaloo makes it an attractive destination for anyone looking to save money while maintaining a quality lifestyle.
Shongaloo (zip 71072) has an unemployment rate of 6.0%. The US average is 6.0%.
Shongaloo (zip 71072) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 16.0%, which is lower than the US average of 33.5%.
Tax Rates for Shongaloo (zip 71072)
- The Sales Tax Rate for Shongaloo (zip 71072) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Shongaloo (zip 71072) 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 Shongaloo (zip 71072)
- The average income of a Shongaloo (zip 71072) resident is $31,255 a year. The US average is $37,638 a year.
- The Median household income of a Shongaloo (zip 71072) resident is $53,359 a year. The US average is $69,021 a year.