Taylorsville, NC is a small town located in Alexander County. Despite its small size, the city has much to offer to residents. The median rent for a two bedroom apartment is $790, which is significantly lower than the US average of $1,430. Additionally, the groceries cost index in Taylorsville is 96 compared to that of 100 in the US showing that groceries tend to be cheaper in Taylorsville as well. There are many local businesses such as Bumgarner's Hardware & Supply Co., Rhyne’s Tire and Auto Service and Tyson Valley Farms that provide employment opportunities and contribute to the local economy. Taylorsville offers an affordable lifestyle with plenty of shops and restaurants making it an ideal place to live.
Taylorsville has an unemployment rate of 3.9%. The US average is 6.0%.
Taylorsville has seen the job market increase by 1.5% 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 Taylorsville
- The Sales Tax Rate for Taylorsville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Taylorsville 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 Taylorsville
- The average income of a Taylorsville resident is $17,501 a year. The US average is $28,555 a year.
- The Median household income of a Taylorsville resident is $43,545 a year. The US average is $69,021 a year.