Zip 70723 (Union, LA) Economy


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Union is a small city located in Louisiana with an estimated population of 70723. It has an affordable cost of living with the average rent for a 2 bedroom apartment at $750 and grocery cost index of 95 as compared to 100 in the US. Union is home to different types of businesses including Manning's Appliance Repair, Stoffel Contractors LLC, Union Health Care Center and D'aquila Construction. All these companies provide quality services to the people of Union and its surrounding areas.

Union (zip 70723) has an unemployment rate of 9.0%. The US average is 6.0%.

Union (zip 70723) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.

Tax Rates for Union (zip 70723)
- The Sales Tax Rate for Union (zip 70723) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Union (zip 70723) 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 Union (zip 70723)
- The average income of a Union (zip 70723) resident is $16,570 a year. The US average is $28,555 a year.
- The Median household income of a Union (zip 70723) resident is $54,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion, LouisianaUnited States
  96
  -7.4%-6.2%
  21.5%33.5%
  8.0%6.2%
  6.0%4.6%
  $27,507$37,638
  $54,063$69,021
  $66,771$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  2.3%6.8%
  12.5%10.0%
  0.9%2.5%
  10.9%11.0%
  7.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.8%7.6%
  0.0%0.1%
  0.0%4.2%
  8.0%9.3%
  11.6%14.0%
  0.0%2.1%
  11.8%7.0%
  8.0%4.8%
  20.5%4.7%
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