Lumberton, NC is a small city located in Robeson County and is known for its affordability. The average two bedroom rental rate in Lumberton is $770 compared to the national average of $1,430. This makes it especially attractive to people looking for housing on a budget. In addition, the cost of groceries in Lumberton is lower than the national average with an index score of 93 compared to 100 in the US.
Local companies such as Lumbee Home Mortgage, SONOCO Protective Solutions, and The University of North Carolina at Pembroke are major employers for the area. Other businesses include BB&T, Stryker Corporation, Lowe’s Home Improvement Warehouse, Carquest Auto Parts, and more.
Lumberton has an unemployment rate of 6.8%. The US average is 6.0%.
Lumberton has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Lumberton
- The Sales Tax Rate for Lumberton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lumberton 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 Lumberton
- The average income of a Lumberton resident is $18,044 a year. The US average is $28,555 a year.
- The Median household income of a Lumberton resident is $38,514 a year. The US average is $69,021 a year.