Highlands, NC is a small town located in Macon County and a popular tourist destination for its access to the Nantahala National Forest. It also offers a mild climate year-round and breathtaking views of nearby mountains. The cost of living in Highlands is lower than the US average. The current 2 bedroom rent in Highlands is $1,270 and the grocery cost index is 107 versus 100 in the US. This makes it an attractive option for those looking to save money while still enjoying all that this mountain town has to offer. Some of the local businesses that serve the area include Mountain Bistro & Bar, Rails End Beer Company, Western Carolina Regional Airport, and many other restaurants and bars as well as retail stores. With its low cost of living compared to other areas of the country, Highlands is an ideal spot for both tourists seeking adventure and those looking for a more permanent home.
Highlands has an unemployment rate of 4.2%. The US average is 6.0%.
Highlands has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Highlands
- The Sales Tax Rate for Highlands is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Highlands 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 Highlands
- The average income of a Highlands resident is $47,890 a year. The US average is $28,555 a year.
- The Median household income of a Highlands resident is $52,070 a year. The US average is $69,021 a year.