71474 Simpson, LA is a small town located in the heart of Louisiana. It has a population of 1,930 people according to the 2019 census data. The average 2 bedroom rent per month in this area is $860 which is significantly lower than the US average of $1,430. Furthermore, the cost of groceries here is also much lower – 91 as compared to 100 on an index basis.
The town offers many opportunities to its residents and local businesses. Some of these companies include SimpCo Metal Fabrication, which provides metal fabrication services to the local community; Nocona Shoe Company specializes in high quality leather footwear; Jims Supermarket offers grocery items at competitive prices; Johnson’s Auto Repair is a trusted car repair facility that can provide everything from oil changes to engine repairs; and Winns Diner serves up some of the best Southern cooking around.
Simpson (zip 71474) has an unemployment rate of 4.5%. The US average is 6.0%.
Simpson (zip 71474) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 7.7%, which is lower than the US average of 33.5%.
Tax Rates for Simpson (zip 71474)
- The Sales Tax Rate for Simpson (zip 71474) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Simpson (zip 71474) 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 Simpson (zip 71474)
- The average income of a Simpson (zip 71474) resident is $28,699 a year. The US average is $28,555 a year.
- The Median household income of a Simpson (zip 71474) resident is $72,321 a year. The US average is $69,021 a year.