Tallulah, LA is a charming city with a rich culture and strong sense of community. Home to around 7,500 people, the small city is growing in population due to its low unemployment rate and affordable housing market. A two bedroom apartment rental in Tallulah would cost an average of $740 per month, making it much more budget friendly than the US’s average monthly rent of $1,430 for a two bedroom. Additionally, the Grocery Cost Index for Tallulah is 86 compared to the US's 100, which indicates that food items are generally cheaper here than in other parts of the country.
The town is home to several major businesses such as Southern Steel Supply Co., Maxxam Industries Inc., KFC/Taco Bell Boppin' Boxes and B & L Electric Co. Each company offers various products or services ranging from steel fabrication to electric repairs; providing employment opportunities for residents that help contribute to the town's economy. With its diverse economy, affordability and tight-knit community atmosphere, it's easy to see why so many people choose Tallulah as their home.
Tallulah (zip 71282) has an unemployment rate of 6.8%. The US average is 6.0%.
Tallulah (zip 71282) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 11.4%, which is lower than the US average of 33.5%.
Tax Rates for Tallulah (zip 71282)
- The Sales Tax Rate for Tallulah (zip 71282) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Tallulah (zip 71282) 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 Tallulah (zip 71282)
- The average income of a Tallulah (zip 71282) resident is $17,016 a year. The US average is $37,638 a year.
- The Median household income of a Tallulah (zip 71282) resident is $37,279 a year. The US average is $69,021 a year.