Polkton, NC is a small town located in North Carolina. It is well-known for its affordable cost of living with 2 bedroom rent being only $1,000 compared to the US average of $1,430. The Grocery Cost Index in Polkton compared to the national average is 93 versus 100 respectively. This makes it an ideal destination for those looking for an affordable and comfortable place to live.
Many people enjoy visiting Polkton thanks to some of its local attractions such as the National Paddleboat Museum, the James B White House Historic Site and their annual festivals including the Catfish Festival and Car Show. It also offers plenty of employment opportunities at companies such as Walmart Distribution Center, Belden Incorporated, Rockingham County Schools and C & H Foods.
Polkton has an unemployment rate of 5.9%. The US average is 6.0%.
Polkton has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Polkton
- The Sales Tax Rate for Polkton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Polkton 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 Polkton
- The average income of a Polkton resident is $6,693 a year. The US average is $28,555 a year.
- The Median household income of a Polkton resident is $52,656 a year. The US average is $69,021 a year.