Nashville, NC is a city located on the North Carolina coast. It is known for its beautiful beaches, vibrant culture, and diverse range of local businesses. Some popular companies in the area include Denim Group, Inc., BAE Systems Inc., and General Dynamics Corporation. The cost of living in Nashville is quite affordable compared to other cities in the United States. For example, rent prices for two-bedroom apartments are much lower than the national average of $1,430; the median rent price in Nashville being only $930. The grocery cost index is also lower than the US average with 96 versus 100 respectively. This makes living in Nashville an attractive option for those looking to save money while still enjoying many city amenities.
Nashville has an unemployment rate of 5.8%. The US average is 6.0%.
Nashville has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Nashville
- The Sales Tax Rate for Nashville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Nashville 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 Nashville
- The average income of a Nashville resident is $23,934 a year. The US average is $28,555 a year.
- The Median household income of a Nashville resident is $56,359 a year. The US average is $69,021 a year.