Creedmoor, NC is a small town located near the Research Triangle Park region of North Carolina. The town offers a lower cost of living than many other parts of the state with 2 bedroom rents being $1,160 compared to the US average of $1,430 and a grocery cost index of 97 versus 100 in the US.
The town is home to several local companies that provide employment opportunities including East Coast Ready Mix Concrete Products, Inc., Creedsmoor Telephone Company, Hanes Dental Arts PC and Cashwell Farms, LLC. In addition to these businesses there are also employment opportunities available at Durham Technical Community College and WakeMed Health & Hospitals.
Creedmoor has an unemployment rate of 3.8%. The US average is 6.0%.
Creedmoor has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Creedmoor
- The Sales Tax Rate for Creedmoor is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Creedmoor 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 Creedmoor
- The average income of a Creedmoor resident is $20,399 a year. The US average is $28,555 a year.
- The Median household income of a Creedmoor resident is $77,716 a year. The US average is $69,021 a year.