Cove Creek, NC is a small town located in North Carolina. It is known for its great outdoors with plenty of parks and recreation areas for residents to explore. It is also home to several local companies such as Cove Creek Marble and Granite, Western Financial Group, and JP Morgan Chase Bank. The cost of living in Cove Creek is quite affordable with 2 Bedroom Rent estimated at $1,030 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Cove Creek is 98 versus 100 in the US making it an attractive choice for those looking for a more budget-friendly lifestyle.
Cove Creek has an unemployment rate of 3.4%. The US average is 6.0%.
Cove Creek has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Cove Creek
- The Sales Tax Rate for Cove Creek is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cove Creek 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 Cove Creek
- The average income of a Cove Creek resident is $24,281 a year. The US average is $28,555 a year.
- The Median household income of a Cove Creek resident is $47,279 a year. The US average is $69,021 a year.