Zip 70578 (Rayne, LA) Economy


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Rayne, Louisiana is a small city located in Acadia Parish with a population of 7,0578. It's an ideal location for those looking for affordability and access to local amenities. The average two bedroom apartment here is available for $820 per month, which is much less than the national average of $1,430. Additionally, grocery prices are lower here than the national average—the Grocery Cost Index in Rayne is 91 compared to 100 in the US. \nResidents of Rayne have access to many local businesses such as Broussard's Food Store (grocery store), Cajun Doughnuts (doughnut shop), Miller's Discount Center (department store) and more. Rayne also has some great parks and recreational areas such as Maxie Richard Park at Bayou Fuselier and Bayou Tortue Conservation Area. With the low cost of living and family friendly atmosphere, Rayne is an ideal place for families looking to save money while still enjoying a great quality of life.

Rayne (zip 70578) has an unemployment rate of 5.7%. The US average is 6.0%.

Rayne (zip 70578) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 10.5%, which is lower than the US average of 33.5%.

Tax Rates for Rayne (zip 70578)
- The Sales Tax Rate for Rayne (zip 70578) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Rayne (zip 70578) 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 Rayne (zip 70578)
- The average income of a Rayne (zip 70578) resident is $24,549 a year. The US average is $37,638 a year.
- The Median household income of a Rayne (zip 70578) resident is $53,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRayne, LouisianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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