Rural Hall, NC is a small town with a population of 2,464 people located in Forsyth County. It is close to Winston-Salem which makes it a great place to live if you enjoy the amenities of a larger city but still prefer to stay in the country. The cost of living in this area is great compared to other places because two-bedroom rentals are only $980 while the US average for the same size unit is $1,430. Grocery costs here are also lower as Food Cost Index (FCI) for Rural Hall is 95 versus the US average FCI of 100.
Rural Hall has multiple local companies including an auto shop called Sykes Automotive Solutions, a cabinet company called K&J Cabinets LLC and Barbecue catering businesses like Brushy Mountain Catering & BBQ. There are also many farms that produce milk and eggs around Rural Hall. With its low cost of living and its diverse selection of local businesses, Rural Hall is truly an underrated gem that offers plenty to do and see.
Rural Hall has an unemployment rate of 4.6%. The US average is 6.0%.
Rural Hall 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 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Rural Hall
- The Sales Tax Rate for Rural Hall is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rural Hall 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 Rural Hall
- The average income of a Rural Hall resident is $25,253 a year. The US average is $28,555 a year.
- The Median household income of a Rural Hall resident is $60,208 a year. The US average is $69,021 a year.