Zip 71103 (Shreveport, LA) Economy


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71103 Shreveport LA is a vibrant community with a plethora of opportunities for living and working. The average two-bedroom rental in the area is $920 which is significantly lower than the national average of $1,430. Furthermore, the grocery cost index in 71103 Shreveport LA is 88 as compared to 100 in the US; making it an affordable place to live.
The local companies in 71103 Shreveport LA include NuStar Energy LP, Bell Helicopter Textron Inc., ArkLaTex Cardiology Consultants, Leasing Solutions LLC., and KSLA-TV. NuStar Energy LP provides energy storage and transportation services while Bell Helicopter Textron Inc. manufactures aircraft for civil and military use. ArkLaTex Cardiology Consultants deal with diagnosis and treatment of heart diseases while Leasing Solutions LLC offer leasing services such as equipment leasing solutions for businesses. Lastly, KSLA-TV is a local television station that offers news coverage and entertainment programs to viewers in the area.

Shreveport (zip 71103) has an unemployment rate of 8.1%. The US average is 6.0%.

Shreveport (zip 71103) 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 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Shreveport (zip 71103)
- The Sales Tax Rate for Shreveport (zip 71103) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Shreveport (zip 71103) 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 Shreveport (zip 71103)
- The average income of a Shreveport (zip 71103) resident is $12,961 a year. The US average is $28,555 a year.
- The Median household income of a Shreveport (zip 71103) resident is $24,990 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShreveport, LouisianaUnited States
  8.16
  -5.2%-6.2%
  16.3%33.5%
  9.1%6.2%
  6.0%4.6%
  $41,457$37,638
  $24,990$69,021
  $39,375$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  9.7%6.8%
  5.0%10.0%
  1.6%2.5%
  11.8%11.0%
  10.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.3%4.7%
  0.5%1.9%
  2.7%7.6%
  0.0%0.1%
  9.2%4.2%
  6.8%9.3%
  21.7%14.0%
  4.8%2.1%
  5.2%7.0%
  5.7%4.8%
  1.9%4.7%
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