Lincolnton is a city located in North Carolina with a population of 10,541. Rent for a two bedroom apartment in Lincolnton is around $910 compared to the national average of $1,430. This makes it an affordable place to live. In addition, the Grocery Cost Index in Lincolnton is 95 versus 100 in the US making groceries more affordable as well. \nLiving in Lincolnton offers many benefits such as access to outdoor activities like hiking and biking on the nearby trails or canoeing down South Fork River. There are also plenty of local businesses such as New Beginnings Auto Sales LLC, Weave Realty Group Inc., and Stamey’s Barbecue which offer quality services and products to residents. The area has much to offer including topnotch schools for families that choose to settle there. All these factors make Lincolnton an attractive place to call home for individuals looking for affordability and convenience.
Lincolnton has an unemployment rate of 3.9%. The US average is 6.0%.
Lincolnton 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 41.5%, which is higher than the US average of 33.5%.
Tax Rates for Lincolnton
- The Sales Tax Rate for Lincolnton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lincolnton 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 Lincolnton
- The average income of a Lincolnton resident is $19,165 a year. The US average is $28,555 a year.
- The Median household income of a Lincolnton resident is $38,920 a year. The US average is $69,021 a year.