Bakersville, NC is a small city located in northwestern North Carolina. It has an affordable cost of living, as evidenced by the 2 bedroom rent at $760 per month compared to the US average of $1,430. In addition, the Grocery Cost Index is only 97 compared to 100 for the US overall. Bakersville offers many amenities and local companies such as Baker's Coffee House, Smith Motors, and Baker's Bookstore. The town also has several parks and recreational activities for residents to enjoy such as biking trails in Hidden Valley Park and fishing spots along the banks of Silver Creek. With its low cost of living and variety of attractions, Bakersville is an ideal destination for those looking to relocate or take a vacation.
Bakersville has an unemployment rate of 5.3%. The US average is 6.0%.
Bakersville 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 Bakersville
- The Sales Tax Rate for Bakersville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bakersville 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 Bakersville
- The average income of a Bakersville resident is $12,087 a year. The US average is $28,555 a year.
- The Median household income of a Bakersville resident is $49,792 a year. The US average is $69,021 a year.