Youngsville, NC is a small town in Wake County with a population of approximately 3,700. It is close to Raleigh, making it an attractive option for commuters. The cost of living in Youngsville is significantly lower than the US average; 2 bedroom rent is $1,130 compared to $1,430 national average. Similarly, the grocery cost index in Youngsville is 98 versus 100 in the US. There are plenty of local businesses in Youngsville such as Youngsville Pharmacy & Gift Shop, Southern Brew Coffee House and Carolina Salon & Spa. With its affordable cost of living and amenities located within close proximity, Youngsville makes for an excellent place to live.
Youngsville has an unemployment rate of 4.5%. The US average is 6.0%.
Youngsville has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Youngsville
- The Sales Tax Rate for Youngsville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Youngsville 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 Youngsville
- The average income of a Youngsville resident is $21,339 a year. The US average is $28,555 a year.
- The Median household income of a Youngsville resident is $59,974 a year. The US average is $69,021 a year.