Efland, NC Economy


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Efland, NC is an ideal destination for those looking for a great quality of life at an affordable cost. Rent for two bedroom apartments in Efland averages at $1,090 while the US average is $1,430. Groceries also benefit from this lower cost of living with the Index score being 97 compared to the national average of 100. This makes it easy to live comfortably without breaking the bank. The area offers a wide array of amenities such as local shops and businesses including Coley's Furniture Outlet, Efland Farms Supply & Hardware Store, and Efland Carpenter Shop Inc. Residents can also enjoy plenty of outdoor activities like hiking trails and kayaking at nearby Jordan Lake. With its close proximity to larger cities like Durham as well as its own low cost of living, it's no wonder why so many people are drawn to Efland.

Efland has an unemployment rate of 3.2%. The US average is 6.0%.

Efland has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.

Tax Rates for Efland
- The Sales Tax Rate for Efland is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Efland 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 Efland
- The average income of a Efland resident is $21,817 a year. The US average is $28,555 a year.
- The Median household income of a Efland resident is $78,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEfland, North CarolinaUnited States
  3.26
  -5.6%-6.2%
  39.5%33.5%
  7.5%6.2%
  5.3%4.6%
  $29,280$37,638
  $78,083$69,021
  $79,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.5%6.8%
  16.7%10.0%
  15.3%2.5%
  0.0%11.0%
  6.8%4.8%
  0.0%0.8%
  0.0%1.9%
  4.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  13.8%9.3%
  19.0%14.0%
  0.0%2.1%
  4.3%7.0%
  0.0%4.8%
  15.1%4.7%
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