Stoneville, NC is a small town located in Rockingham County with a population of around 8,500 people. It is known for its historical roots and vibrant culture. The cost of living in Stoneville is relatively low, with 2 bedroom rents costing $780 compared to the US average of $1,430. Additionally, the grocery cost index in Stoneville is 92 versus 100 in the US.
There are several local businesses that make up the backbone of the town’s economy. These include Pete’s Grocery Store which has been providing quality goods to residents since 1962, Stoneville Pharmacy which has been a vital part of maintaining community health and well-being since 1947, R&R Hardscapes which offers excellent landscaping services and products for outdoor entertainment and relaxation needs, as well as other locally owned businesses such as Stoneville Carpentry and Precision Auto Repair.
Stoneville has an unemployment rate of 5.4%. The US average is 6.0%.
Stoneville has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Stoneville
- The Sales Tax Rate for Stoneville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Stoneville 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 Stoneville
- The average income of a Stoneville resident is $19,155 a year. The US average is $28,555 a year.
- The Median household income of a Stoneville resident is $48,125 a year. The US average is $69,021 a year.