The average 2 Bedroom Rent in Sorrento, LA (zip code 70778) is $920 per month, which is 35% less than the national average of $1,430. Additionally, the Grocery Cost Index in Sorrento, LA is 98 compared to 100 for the US as a whole. This indicates that grocery prices in Sorrento are slightly lower than the national average. There are several local businesses located in and around 70778 Sorrento, LA such as Daiquiri Café, The Down Home Chef Eatery & Catering Co., Applebee's Neighborhood Grill & Bar, and Walmart Supercenter. All of these businesses provide quality services and products to their customers at competitive prices.
Sorrento (zip 70778) has an unemployment rate of 4.9%. The US average is 6.0%.
Sorrento (zip 70778) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Sorrento (zip 70778)
- The Sales Tax Rate for Sorrento (zip 70778) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Sorrento (zip 70778) 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 Sorrento (zip 70778)
- The average income of a Sorrento (zip 70778) resident is $39,538 a year. The US average is $37,638 a year.
- The Median household income of a Sorrento (zip 70778) resident is $96,585 a year. The US average is $69,021 a year.