Shelby, NC is a small city located in North Carolina. It has a population of around 20,000 people and provides its citizens with an affordable cost of living. The average rent for a two bedroom apartment in Shelby is $750 per month, which is significantly cheaper than the US average of $1,430 per month. Additionally, grocery costs in Shelby are relatively low with an index rating of 94 compared to the US average index rating of 100. There are several local companies in the area such as Cleveland County Hospital, Stanley Furniture Company, and John Deeres Landscapes that provide employment opportunities for residents. All in all, Shelby provides its citizens with an affordable cost of living along with local job opportunities that make it an attractive place to live.
Shelby has an unemployment rate of 5.1%. The US average is 6.0%.
Shelby has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Shelby
- The Sales Tax Rate for Shelby is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Shelby 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 Shelby
- The average income of a Shelby resident is $20,585 a year. The US average is $28,555 a year.
- The Median household income of a Shelby resident is $41,565 a year. The US average is $69,021 a year.