71118 Shreveport, LA is an excellent place to call home. With 2 bedroom rent being just $990 per month, it's a much more affordable option than the US average of $1,430. Additionally, grocery cost index in this area is 92 compared to the US average of 100. This makes food and other essential items even more accessible for residents to purchase. Local businesses like Brookshire's Grocery, Walmart Supercenter, Target, WoodSpring Suites, and Cypress Black Bayou Park are all located within 71118 Shreveport for residents to explore and enjoy.
Shreveport (zip 71118) has an unemployment rate of 8.1%. The US average is 6.0%.
Shreveport (zip 71118) 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 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Shreveport (zip 71118)
- The Sales Tax Rate for Shreveport (zip 71118) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Shreveport (zip 71118) 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 71118)
- The average income of a Shreveport (zip 71118) resident is $23,933 a year. The US average is $37,638 a year.
- The Median household income of a Shreveport (zip 71118) resident is $50,590 a year. The US average is $69,021 a year.