Tobaccoville, NC is a small town with plenty of charm and hospitality. Rent for a 2 bedroom apartment is affordable at $1,000 compared to the US average of $1,430. The cost of groceries here is also lower than the US average at 95 index versus 100 in the US. This makes it ideal for those looking to save money while still enjoying all that Tobaccoville has to offer. \nThe local companies in Tobaccoville are diverse, ranging from manufacturing and industrial firms such as Universal Fibers Inc., Americhip Inc., and Ridgeview Knitting Mills Inc., to retail businesses like Kapp's Grocery Store and The General Store. There are also attractions like the Tobacco Farm Life Museum and the Muddy Creek Greenway Trail that provide historical insight into this town’s past as well as outdoor recreation opportunities for locals and visitors alike.
Tobaccoville has an unemployment rate of 4.6%. The US average is 6.0%.
Tobaccoville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Tobaccoville
- The Sales Tax Rate for Tobaccoville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tobaccoville 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 Tobaccoville
- The average income of a Tobaccoville resident is $25,582 a year. The US average is $28,555 a year.
- The Median household income of a Tobaccoville resident is $64,917 a year. The US average is $69,021 a year.