Winnsboro, Louisiana (71295) is a small rural town situated in the northeast corner of Louisiana. It is home to just over 4,000 people and offers a quiet and laid back lifestyle. The average 2 bedroom rent in Winnsboro is $720 which is significantly lower than the national average of $1,430. This makes it an ideal location for those looking to stretch their budget or start their own businesses.
The grocery cost index in Winnsboro clocks in at 89 when compared to the national index of 100 making food costs quite affordable as well. There are many local businesses that call Winnsboro home including City Hall Pharmacy, B & H Pawn Shop, Legacy Medical Services, WL Animal Hospital & Grooming Salon and Best Western Hotel.
Winnsboro has plenty to offer residents no matter what stage of life they find themselves in with its great cost of living, variety of local businesses and peaceful atmosphere being some its strengths.
Winnsboro (zip 71295) has an unemployment rate of 6.4%. The US average is 6.0%.
Winnsboro (zip 71295) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Winnsboro (zip 71295)
- The Sales Tax Rate for Winnsboro (zip 71295) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Winnsboro (zip 71295) 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 Winnsboro (zip 71295)
- The average income of a Winnsboro (zip 71295) resident is $20,170 a year. The US average is $37,638 a year.
- The Median household income of a Winnsboro (zip 71295) resident is $37,764 a year. The US average is $69,021 a year.