Davidson, NC is a small town located in Mecklenburg County. With a population of 13,878 people, Davidson is a great place to live for those who want to be close to the city without being overwhelmed by it. The cost of living here is quite reasonable, with two-bedroom apartment rentals averaging $1,420 per month compared to the national average of $1,430. The local grocery cost index in Davidson is 103 compared to 100 in the US. There are many local businesses that make this town unique such as Big Al's BBQ Shack and Daylily Spa. Overall, Davidson is an affordable and convenient place to call home with lots of amenities and activities available to keep life interesting.
Davidson has an unemployment rate of 4.7%. The US average is 6.0%.
Davidson has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.
Tax Rates for Davidson
- The Sales Tax Rate for Davidson is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Davidson 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 Davidson
- The average income of a Davidson resident is $48,313 a year. The US average is $28,555 a year.
- The Median household income of a Davidson resident is $141,845 a year. The US average is $69,021 a year.