Grantsboro, NC is a great place to live with plenty of options for affordable housing. The average two-bedroom rental cost in Grantsboro is $960 per month, compared to the US average of $1,430 per month. The cost of groceries in Grantsboro is lower as well, with an index of 96 compared to 100 in the US. The city is home to many businesses and organizations such as Riley's Automotive Repair, Lee Hardware & Supply Co., J&M Home Improvement Center, and Tri-County Tea Room & Bakery. Residents also enjoy access to a thriving arts scene and outdoor activities like hiking and fishing.
Grantsboro has an unemployment rate of 4.2%. The US average is 6.0%.
Grantsboro has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Grantsboro
- The Sales Tax Rate for Grantsboro is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Grantsboro 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 Grantsboro
- The average income of a Grantsboro resident is $18,111 a year. The US average is $28,555 a year.
- The Median household income of a Grantsboro resident is $52,917 a year. The US average is $69,021 a year.