\nGlenville, NC is a small town located in the western part of North Carolina and has a population of around 8,000 people. The cost of living is relatively low compared to the national average thanks to affordable rent costs averaging $1,080 for 2-bedrooms. Grocery prices are also lower than many cities in the US with an index of 103 versus 100 in the US. The local economy is mainly driven by agriculture as well as some small businesses such as restaurants and retail stores like Walmart and Dollar General. Glenville also has several manufacturing companies such as Corning, ADF Foods and Unifrax. The town’s economy has seen steady growth over the last decade and continues to be self-sustaining with most jobs being provided locally.
Glenville has an unemployment rate of 4.4%. The US average is 6.0%.
Glenville has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Glenville
- The Sales Tax Rate for Glenville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Glenville 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 Glenville
- The average income of a Glenville resident is $19,117 a year. The US average is $28,555 a year.
- The Median household income of a Glenville resident is $58,250 a year. The US average is $69,021 a year.