Kernersville, NC is a beautiful town located in central North Carolina and is home to many companies including BB&T Bank, Tyson Foods, Hanesbrands Inc., and Unifi Inc. The cost of living in Kernersville is affordable - rent for a two-bedroom apartment averages around $1,000 compared to the US average of $1,430. Additionally, the grocery cost index in Kernersville is 96 versus 100 in the US. With its low cost of living and business opportunities, Kernersville has a lot to offer. There are numerous attractions within the city limits including historic districts, parks, golf courses and more. Residents and visitors alike enjoy spending time outdoors along with visiting local restaurants and shops. Kernersville is an ideal place to live or visit for those looking for an enjoyable atmosphere with plenty of activities available.
Kernersville has an unemployment rate of 4.6%. The US average is 6.0%.
Kernersville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Kernersville
- The Sales Tax Rate for Kernersville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Kernersville is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kernersville
- The average income of a Kernersville resident is $27,338 a year. The US average is $28,555 a year.
- The Median household income of a Kernersville resident is $60,718 a year. The US average is $69,021 a year.