equestId":"ffde05aa-0354-464d-8bf8-64c188e9c87a","resource":"content","data":[{"id":"txt_707e76cb277e4502993672e0e90ad914","text":" that are located in Morven NC\n \nMorven, NC is a small town located in the southern part of the state. It has an affordable cost of living compared to other areas in the US, with 2 bedroom rent averaging at just $1,040 and a Grocery Cost Index of 91 against 100 nationally. All this makes it attractive for both residents and businesses alike. Local companies in Morven include Almond Tree Jewelers and Hogan's Diner, just two examples of the many small businesses situated within its borders. The town also plays host to events such as the Annual Morven Car Show which draws visitors from all around Carolina. In addition, it is closely located to Charlotte and other major cities such as Winston-Salem and Greensboro, making it an ideal place to live or do business.
Morven has an unemployment rate of 5.9%. The US average is 6.0%.
Morven has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Morven
- The Sales Tax Rate for Morven is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Morven 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 Morven
- The average income of a Morven resident is $11,541 a year. The US average is $28,555 a year.
- The Median household income of a Morven resident is $53,750 a year. The US average is $69,021 a year.