Zip 71277 (Spearsville, LA) Economy


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The small town of Spearsville, LA (71277) is a great place to live with an incredibly low cost of living. The average 2 bedroom rent in Spearsville is only $760, which is significantly lower than the US average 2 bedroom rent at $1,430. The Grocery Cost Index in Spearsville is also very low at 86 compared to 100 in the US. It’s no wonder that this small town has become increasingly popular for people looking to save money on rent and groceries.
Spearsville also features a number of local businesses such as Anderson Hardware Company, Divas Boutique & Salon, and Little Country Store that provide locals with all their shopping needs. Additionally, the community offers many outdoor activities including nearby Lake D'Arbonne State Park and a variety of local parks along the Ouachita River. With its low cost of living and ample amenities, it’s no surprise that Spearsville continues to be an attractive destination for people seeking affordable living while still having access to quality services.

Spearsville (zip 71277) has an unemployment rate of 5.6%. The US average is 6.0%.

Spearsville (zip 71277) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.

Tax Rates for Spearsville (zip 71277)
- The Sales Tax Rate for Spearsville (zip 71277) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Spearsville (zip 71277) 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 Spearsville (zip 71277)
- The average income of a Spearsville (zip 71277) resident is $14,817 a year. The US average is $28,555 a year.
- The Median household income of a Spearsville (zip 71277) resident is $31,146 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpearsville, LouisianaUnited States
  5.66
  -3.8%-6.2%
  21.1%33.5%
  9.5%6.2%
  6.0%4.6%
  $19,094$37,638
  $31,146$69,021
  $58,036$85,028
  Population by Occupation
  5.5%1.2%
  2.7%0.5%
  13.0%6.8%
  12.2%10.0%
  0.0%2.5%
  25.6%11.0%
  0.6%4.8%
  0.0%0.8%
  2.2%1.9%
  2.0%4.7%
  1.3%1.9%
  1.7%7.6%
  0.0%0.1%
  0.0%4.2%
  0.6%9.3%
  18.9%14.0%
  2.9%2.1%
  3.8%7.0%
  5.7%4.8%
  1.2%4.7%
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