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Cost of living in New Roads, Louisiana
Is it expensive to live in New Roads, Louisiana? When calculating the cost of living in New Roads, Louisiana we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in New Roads, Louisiana is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Louisiana, while median household income in New Roads is $34,688 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Louisiana.
Taxes in New Roads, Louisiana
The sales tax rate in New Roads, Louisiana is 9.4%. Last year, the average property taxes paid was 0.3% New Roads, Louisiana.
Here is the table with the State Income Taxes in the state of Louisiana:
State Income Tax Brackets (Single):
| Income Bracket Threshold | Income Bracket Ceiling | Louisiana Income Tax Rate |
|---|---|---|
| $0 | $12,500 | 1.85% |
| $12,500 | $50,000 | 3.5% |
| $50,000 | $9,999,999 | 4.25% |
State Income Tax Brackets (Married):
| Income Bracket Threshold | Income Bracket Ceiling | Louisiana Income Tax Rate |
|---|---|---|
| $0 | $25,000 | 1.85% |
| $25,000 | $100,000 | 3.5% |
| $100,000 | $9,999,999 | 4.25% |
Housing costs in New Roads, Louisiana
In New Roads, Louisiana, 62.2% of the population owns their homes, while approximately 37.8% rent. The average cost of a single-family home in New Roads, Louisiana in 2021 is $147,358 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Louisiana. The average one-bedroom apartment cost is approximately $735 per month.
| Rental Size | Monthly Cost | Compared to Louisiana |
|---|---|---|
| 1 Bedroom | $735 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $870 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,110 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,355 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
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