Cofield, NC is a small rural town located in the eastern part of North Carolina. The town offers many amenities and a relaxed pace of life to its residents. Rent for a two bedroom apartment in Cofield is $850, which is significantly lower than the U.S. average of $1,430. Additionally, the grocery cost index is 93 compared to 100 in the US, meaning groceries are slightly cheaper than average here. The town has several local businesses such as Cofield Tire Center, C&D Technologies Inc., and Hester Electric Company all providing essential services to locals.
Cofield has an unemployment rate of 5.3%. The US average is 6.0%.
Cofield has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Cofield
- The Sales Tax Rate for Cofield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cofield 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 Cofield
- The average income of a Cofield resident is $23,871 a year. The US average is $28,555 a year.
- The Median household income of a Cofield resident is $55,156 a year. The US average is $69,021 a year.