Bostic, NC is a small town located in Rutherford County with an estimated population of 2,171. It has a friendly community with a low cost of living. The median two bedroom rent in Bostic is $800 per month which is substantially lower than the national average of $1,430 per month. In addition to this affordable housing it also offers a grocery cost index of 96 compared to the US average of 100. Businesses located in Bostic include Bostic Supply Company, Bostic Real Estate Agency and Bostic Pharmacy as well as many other local small businesses. Living in Bostic provides its residents with the convenience of nearby stores and restaurants while providing them with more affordable living costs than other cities across the country.
Bostic has an unemployment rate of 6.1%. The US average is 6.0%.
Bostic has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Bostic
- The Sales Tax Rate for Bostic is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bostic 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 Bostic
- The average income of a Bostic resident is $18,260 a year. The US average is $28,555 a year.
- The Median household income of a Bostic resident is $40,417 a year. The US average is $69,021 a year.