Is Reserve, Louisiana a Good Place To Live? - Living In Reserve, LA
Is Reserve, Louisiana a good place to live?
Reserve is a city in Louisiana state in USA with a population of 8506 residents..
The poverty rate of Reserve is 25.7%, which is 84% higher than national average.
The typical household in Reserve earns $45988 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.9% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Reserve are struggling financially. Nearly one in every 1 in every 8 workers in Reserve is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Reserve, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Reserve remained 12.3%, which is 162% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Reserve, only 11% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in Reserve is 86, which is 14% lower than national average. Median home value in Reserve is $122800 , which is 47% lower than national average. While median income in Reserve remained $45988, which is 32% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Reserve, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Reserve remained 12.3%, which is 162% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Reserve, only 11% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in Reserve is 86, which is 14% lower than national average. Median home value in Reserve is $122800 , which is 47% lower than national average. While median income in Reserve remained $45988, which is 32% lower than national average.
Population
8506
Unemployment
12.3%
Poverty
25.7%
Overall Score
5
Median Home Cost
$122800
47%
NAT AVG.
Median Income
$45988
32%
NAT AVG.
Median Rent
$818
29%
NAT AVG.
Cost Of Living
86
14%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 8
People Earning < $10,000
1 in 9
People Earning < $50,000
58.9%
People with <= High School
1 in 1.7
People With Any Degree
1 in 6.3
Pros & Cons Overview
Jobs40%
Housing60%
Affordability70%
Safety70%
Amenities70%
Diversity85%
Education40%
Commute80%
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