The Charlotte-Concord-Gastonia, NC Metro Area is a vibrant community with plenty of cultural and economic opportunities. The average rent for 2 bedrooms in the area is $1,250 which is slightly lower than the US average of $1,430. Furthermore, the Grocery Cost Index in this area is 97 versus 100 in the US. This makes it an attractive place to live as it offers more affordability than many other places in the country. Additionally, there are many major companies based here such as Bank of America, Lowe's Home Improvement, and Duke Energy Corporation. These companies offer a variety of job opportunities for local residents and provide stability to the area's economy.
Charlotte-Concord-Gastonia Metro Area has an unemployment rate of 4.6%. The US average is 6.0%.
Charlotte-Concord-Gastonia Metro Area has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 44.8%, which is higher than the US average of 33.5%.
Tax Rates for Charlotte-Concord-Gastonia Metro Area
- The Sales Tax Rate for Charlotte-Concord-Gastonia Metro Area is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Charlotte-Concord-Gastonia Metro Area 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 Charlotte-Concord-Gastonia Metro Area
- The average income of a Charlotte-Concord-Gastonia Metro Area resident is $28,403 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte-Concord-Gastonia Metro Area resident is $69,559 a year. The US average is $69,021 a year.