Navassa, NC is an up-and-coming town situated in North Carolina. It has a variety of local businesses such as Navassa Grocery Store, Community Pharmacy and Printing Stars Inc that provide goods and services to meet the needs of its residents. The cost of living in Navassa is affordable compared to the US in general; for example, 2 bedroom rent is around $1,070 per month whereas the US average for a 2 bedroom rental is $1,430. Furthermore, the grocery cost index in Navassa is 99 versus 100 for the US on average. In short, Navassa provides a comfortable lifestyle at an economical price point.
Navassa has an unemployment rate of 5.8%. The US average is 6.0%.
Navassa has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Navassa
- The Sales Tax Rate for Navassa is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Navassa 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 Navassa
- The average income of a Navassa resident is $14,455 a year. The US average is $28,555 a year.
- The Median household income of a Navassa resident is $44,722 a year. The US average is $69,021 a year.