Tarboro, North Carolina is an attractive city for those looking for affordable living. Rent for a 2-bedroom apartment in Tarboro is much lower than the national average, at just $850 compared to $1,430. Additionally, the cost of groceries in Tarboro is 92 compared to 100 in the US. Popular local companies include RTI Surgical, Grady-White Boats Inc., and Edgecombe County Public Schools. All of these factors combine to make Tarboro an excellent choice for affordable living and access to great employers. In addition to these benefits, Tarboro offers plenty of other amenities such as parks and local events that make it a great place to live.
Tarboro has an unemployment rate of 7.5%. The US average is 6.0%.
Tarboro has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 15.2%, which is lower than the US average of 33.5%.
Tax Rates for Tarboro
- The Sales Tax Rate for Tarboro is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tarboro 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 Tarboro
- The average income of a Tarboro resident is $20,085 a year. The US average is $28,555 a year.
- The Median household income of a Tarboro resident is $41,281 a year. The US average is $69,021 a year.