Tabor City, NC is a small town in North Carolina with a population of roughly 2,000 people. The median 2 bedroom rent in Tabor City is $770 whereas the same rent for the U.S. as a whole is $1,430, making it much more affordable to live there. Additionally, the Grocery Cost Index in Tabor City is 94 versus 100 in the US, making groceries relatively inexpensive too. Companies based in Tabor City include Harrison Poultry and Progressive Plywood Inc., both of which are major employers in the area. All-in-all, Tabor City provides an affordable living option with several local businesses providing employment opportunities for its residents.
Tabor City has an unemployment rate of 6.1%. The US average is 6.0%.
Tabor City has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Tabor City
- The Sales Tax Rate for Tabor City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tabor City 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 Tabor City
- The average income of a Tabor City resident is $18,059 a year. The US average is $28,555 a year.
- The Median household income of a Tabor City resident is $34,828 a year. The US average is $69,021 a year.