Sylva, NC Economy


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Sylva, NC is a beautiful mountain town located in western North Carolina. With its close proximity to the Great Smoky Mountains National Park and its vibrant downtown area, Sylva offers a variety of activities for both tourists and locals alike. The city boasts an affordable cost of living when compared nationally with 2-bedroom rent around $930/month and grocery cost index at 98 versus 100 nationally. Popular local companies include Jackson County Chamber of Commerce, Old Town Vista, Smith Auto Parts, and Smyth County Bank & Trust. Shopping, dining, outdoor recreation and family fun are just some of the things that makes Sylva such an attractive destination to visit or live in.

Sylva has an unemployment rate of 4.4%. The US average is 6.0%.

Sylva has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.

Tax Rates for Sylva
- The Sales Tax Rate for Sylva is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sylva 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 Sylva
- The average income of a Sylva resident is $19,320 a year. The US average is $28,555 a year.
- The Median household income of a Sylva resident is $38,881 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySylva, North CarolinaUnited States
  4.46
  -5.1%-6.2%
  38.2%33.5%
  7.0%6.2%
  5.3%4.6%
  $18,821$37,638
  $38,881$69,021
  $44,596$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.2%6.8%
  1.1%10.0%
  3.2%2.5%
  2.9%11.0%
  2.1%4.8%
  1.1%0.8%
  3.3%1.9%
  0.5%4.7%
  5.5%1.9%
  1.9%7.6%
  0.0%0.1%
  17.0%4.2%
  9.4%9.3%
  19.2%14.0%
  6.7%2.1%
  17.5%7.0%
  4.4%4.8%
  1.1%4.7%
Health
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