Davis, NC is a small town located in the heart of North Carolina, and offers an affordable cost of living. Rent for a two bedroom apartment is $990, which is significantly lower than the US average rent of $1,430. Additionally, the Grocery Cost Index in Davis is 96 compared to 100 in the US, making groceries more affordable here as well.
In terms of local companies, Davis has a few banks and restaurants as well as small shops such as food markets, hardware stores and gas stations. It also has access to larger cities that have bigger companies such as stores and malls.
As for activities in Davis, there are plenty of sights to visit such as parks and recreational areas like East Point Park or the Mason Farm Biological Reserve. There are also events such as local festivals and concerts held throughout the year. Additionally, there are opportunities for outdoor activities like camping or fishing at nearby lakes.
Davis has an unemployment rate of 4.0%. The US average is 6.0%.
Davis has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Davis
- The Sales Tax Rate for Davis is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Davis 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 Davis
- The average income of a Davis resident is $26,332 a year. The US average is $28,555 a year.
- The Median household income of a Davis resident is $63,750 a year. The US average is $69,021 a year.