Spruce Pine, North Carolina is a wonderful town situated in the Blue Ridge Mountains. This small town offers its residents a laid-back atmosphere with plenty of outdoor activities from hiking to fishing and camping. The cost of living in Spruce Pine is slightly lower than the national average; for example, the average 2-bedroom rent in Spruce Pine is $1,370 while it’s $1,430 nationally. Moreover, grocery costs are also lower with a Grocery Cost Index of 98 versus 100 in the US. This makes Spruce Pine an economical option for those looking to reduce their cost of living without sacrificing a quality lifestyle.
There are many local businesses located within Spruce Pine that help make it such an enjoyable place to live, including Baxter's at The Crossroads Antiques and Home Decor which specializes in vintage items, and Conley's Grocery Store where you can find fresh produce, meats and dairy products. There is also the Mineral Museum where you can learn about this area's mining history as well as several other unique boutiques and cafes for visitors to explore.
Overall, Spruce Pine is an ideal place to call home due to its low cost of living combined with its many amenities. With its variety of activities and local businesses there’s something for everyone in this relaxed mountain town of North Carolina!
Spruce Pine has an unemployment rate of 5.3%. The US average is 6.0%.
Spruce Pine has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.
Tax Rates for Spruce Pine
- The Sales Tax Rate for Spruce Pine is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Spruce Pine 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 Spruce Pine
- The average income of a Spruce Pine resident is $18,321 a year. The US average is $28,555 a year.
- The Median household income of a Spruce Pine resident is $44,375 a year. The US average is $69,021 a year.