Etowah, NC is a small town located in Henderson County with a population of approximately 2,000 people. The town offers many amenities like banks, restaurants, a grocery store, and other shops that make living in Etowah convenient and enjoyable. The cost of living in Etowah is quite affordable, with rent for a two bedroom home coming in at $1,360 compared to the national average of $1,430. Additionally, the Grocery Cost Index for Etowah is 102 versus 100 nationally indicating overall affordability. In terms of employment opportunities there are several local companies such as Larson Manufacturing Plant and Etowah Valley Golf Club that provide sustainable jobs to the local community. All around it’s easy to see why so many people have chosen to call this small town home.
Etowah has an unemployment rate of 4.0%. The US average is 6.0%.
Etowah has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.
Tax Rates for Etowah
- The Sales Tax Rate for Etowah is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Etowah 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 Etowah
- The average income of a Etowah resident is $25,316 a year. The US average is $28,555 a year.
- The Median household income of a Etowah resident is $66,293 a year. The US average is $69,021 a year.