Woodfin, NC is a small city located in the Blue Ridge Mountains with a population of about 2,300 people. The area is known for its scenic beauty and access to outdoor activities such as hiking, kayaking and camping. Living in Woodfin can be more costly than some other nearby cities though, as rent for a two-bedroom apartment averages $1,910 compared to the national average of $1,430. Grocery costs here are also higher than the US average with an index of 106 versus 100. Companies located in Woodfin include Quality Metals Inc., Sunburst Landscaping and Garden Solutions, and Crooked Creek Log Homes. Woodfin is an ideal location for those looking to enjoy nature while living in close proximity to Asheville and Black Mountain.
Woodfin has an unemployment rate of 4.3%. The US average is 6.0%.
Woodfin 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 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Woodfin
- The Sales Tax Rate for Woodfin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Woodfin 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 Woodfin
- The average income of a Woodfin resident is $22,637 a year. The US average is $28,555 a year.
- The Median household income of a Woodfin resident is $52,732 a year. The US average is $69,021 a year.