Durham, NC County is known for its diverse population and vibrant culture. With a range of activities to enjoy, Durham is an ideal destination for those looking for an exciting getaway. The two bedroom rent in Durham is $1,320–slightly lower than the national average of $1,430. The county also boasts a lower grocery cost index than the US as a whole with an index of 99 versus 100. Residents and visitors alike benefit from local amenities such as Duke University, Durham Bulls Athletic Park, and North Carolina Museum of Life and Science. Popular companies with offices in Durham include CISCO Systems Inc., Blue Cross Blue Shield, GlaxoSmithKline plc, Fidelity Investments, IBM Corporation and Red Hat Inc. With so much to offer, it’s no wonder why so many are drawn to Durham!
Durham County has an unemployment rate of 4.0%. The US average is 6.0%.
Durham County has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Durham County
- The Sales Tax Rate for Durham County is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Durham County 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 Durham County
- The average income of a Durham County resident is $29,801 a year. The US average is $28,555 a year.
- The Median household income of a Durham County resident is $67,000 a year. The US average is $69,021 a year.