Randleman, NC is a great place to live. The city is known for its affordable housing and low cost of living compared to other cities in the US. On average, a two bedroom rental unit costs only $880 compared to $1,430 across the US. Groceries are also much cheaper in Randleman with an index score of 95 versus 100 for the entire country. Living in Randleman has many benefits; there are plenty of local businesses such as North State Bank, Randleman Fitness Center, and Homeplace Restaurant which all offer diverse services that benefit the community. Additionally, the cost of living is quite low compared to other places in America making it an ideal place for families or individuals looking for a comfortable place to live at an affordable price.
Randleman has an unemployment rate of 4.5%. The US average is 6.0%.
Randleman has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Randleman
- The Sales Tax Rate for Randleman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Randleman 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 Randleman
- The average income of a Randleman resident is $18,961 a year. The US average is $28,555 a year.
- The Median household income of a Randleman resident is $53,892 a year. The US average is $69,021 a year.