South Rosemary, NC is a city located in North Carolina boasting a low cost of living and very competitive housing prices. The average rent for a two-bedroom apartment in the South Rosemary area is $830 as compared to the national average of $1,430. Moreover, the local grocery cost index is 93 versus 100 in the US. This demonstrates that South Rosemary is an attractive option for individuals looking to relocate to a financially viable area. South Rosemary is a great place to start or grow a business as it has various local companies such as Smith Manufacturing Company, which specializes in construction equipment supply; Long Meadow Farms Dairy, which produces organic milk products; Mason's Electronics Store which offers audio-video equipment; and many more businesses that contribute to the success of this region. Furthermore, with its low average rent price of $830 for two bedrooms, individuals will have more money available to spend on other needs or luxuries. All things considered, South Rosemary has plenty to offer both residents and businesses alike in terms of affordability and convenience.
South Rosemary has an unemployment rate of 6.9%. The US average is 6.0%.
South Rosemary has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for South Rosemary
- The Sales Tax Rate for South Rosemary is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Rosemary 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 South Rosemary
- The average income of a South Rosemary resident is $16,272 a year. The US average is $28,555 a year.
- The Median household income of a South Rosemary resident is $25,423 a year. The US average is $69,021 a year.