Bayboro, NC is a small town located in the heart of North Carolina. It is known for its affordable housing costs, with two bedroom rent averaging at $900 compared to a national average of $1,430. This makes Bayboro an attractive choice for both families and young professionals alike. In addition to low housing costs, the cost of groceries is also relatively low, with a grocery cost index of 95 compared to the national average of 100.
The town has many local companies and attractions such as The Bayboro Harbor Marina & Yacht Club which provides access to charter boats, boat slips and more. Other attractions include Copperhead Island Park offering picnicking and hiking trails as well as The Neuse River Trail- perfect for running, biking or walking. For those looking for something unique there's Bobs Corn Maze- providing family friendly fun each Fall.
Bayboro has an unemployment rate of 4.2%. The US average is 6.0%.
Bayboro has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Bayboro
- The Sales Tax Rate for Bayboro is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bayboro 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 Bayboro
- The average income of a Bayboro resident is $10,085 a year. The US average is $28,555 a year.
- The Median household income of a Bayboro resident is $30,441 a year. The US average is $69,021 a year.