Richfield, NC is a small town located in Central North Carolina. It is a great place to settle down and start a family due to its affordable housing costs of $950 per month for two bedroom dwellings compared to the US average of $1,430 monthly. Additionally, the cost of goods and services such as groceries in Richfield are 4 percent lower than what it would be in the US, making it an attractive option for those looking to relocate and save money. The town itself is home to several local companies such as Richfield Hardware Store, Stiles Family Farms, and Durden's Automotive Shop. With its low cost of living and friendly atmosphere, Richfield is an ideal location for individuals looking for an affordable place to call home.
Richfield has an unemployment rate of 4.1%. The US average is 6.0%.
Richfield has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Richfield
- The Sales Tax Rate for Richfield is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Richfield 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 Richfield
- The average income of a Richfield resident is $14,517 a year. The US average is $28,555 a year.
- The Median household income of a Richfield resident is $69,268 a year. The US average is $69,021 a year.