JAARS, NC is a small town located in North Carolina. It is home to a number of local businesses including JAARS Inc., a non-profit research organization, and Airtech Services, an aviation maintenance company. The cost of living in JAARS, NC is higher than the national average according to certain economic indicators such as rent and grocery cost index. Rent for two bedroom apartments in JAARS, NC is about $1,510 while the US average for two bedroom apartments is $1,430. Similarly, the Grocery Cost Index in JAARS, NC stands at 104 versus 100 for the US average. Therefore, although it may not be financially feasible for everyone to move to or live in JAARS due to its higher cost of living compared to national averages, those who do choose to live there can take advantage of its unique job opportunities and small-town charm.
JAARS has an unemployment rate of 3.7%. The US average is 6.0%.
JAARS has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.
Tax Rates for JAARS
- The Sales Tax Rate for JAARS is 6.8%. The US average is 7.3%.
- The Income Tax Rate for JAARS 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 JAARS
- The average income of a JAARS resident is $20,061 a year. The US average is $28,555 a year.
- The Median household income of a JAARS resident is $55,457 a year. The US average is $69,021 a year.