Cornelius, NC is a great place to live with a variety of local businesses and attractions. The average two bedroom rent in Cornelius is slightly higher than the US average at $1,580 versus $1,430. Grocery costs are also slightly higher in Cornelius at an index of 101 compared to 100 for the US. Local businesses that serve the community include popular restaurants like Piedmont Social House and Stagioni; small retailers like Lebo's Shoes; and larger stores such as Lowe's Home Improvement. Overall, cost of living in Cornelius is slightly higher than the US average, but this small town offers many amenities that make it a desirable place to call home.
Cornelius has an unemployment rate of 3.2%. The US average is 6.0%.
Cornelius has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 45.3%, which is higher than the US average of 33.5%.
Tax Rates for Cornelius
- The Sales Tax Rate for Cornelius is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cornelius 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 Cornelius
- The average income of a Cornelius resident is $46,223 a year. The US average is $28,555 a year.
- The Median household income of a Cornelius resident is $95,147 a year. The US average is $69,021 a year.