The city of Shreveport, Louisiana, is a vibrant community with plenty of local businesses and amenities. The average cost of rent for a two bedroom apartment in the area is $1,070, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Shreveport is 93 compared to the national average of 100. This makes the city an attractive option for people looking to save money without sacrificing quality of life. Local companies in Shreveport include KSLA News 12, Boomerang Carwash & Oil Change, and Backstage Clothing Boutique. There are also plenty of amenity-rich establishments for visitors to enjoy such as Red River Brewing Company, Sci-Port Discovery Center & IMAX Dome Theatre, and The Remington Suite Hotel & Spa.
Shreveport (zip 71119) has an unemployment rate of 8.1%. The US average is 6.0%.
Shreveport (zip 71119) 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 71119)
- The Sales Tax Rate for Shreveport (zip 71119) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Shreveport (zip 71119) 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 71119)
- The average income of a Shreveport (zip 71119) resident is $29,311 a year. The US average is $28,555 a year.
- The Median household income of a Shreveport (zip 71119) resident is $43,548 a year. The US average is $69,021 a year.