Lincolnton, GA is a small town located in Lincoln County. It is home to several local companies such as Lincolnton Feed & Seed, Lincolnton Automotive Parts, and John's Automotive Repair. The cost of living in Lincolnton is relatively low compared to the US as evidenced by the 2 bedroom rent which is $790 compared to the US average of $1,430. Furthermore, the Grocery Cost Index is 96 compared to 100 in the US. This shows that Lincolnton has lower prices on everyday items than the national average.
Lincolnton has an unemployment rate of 3.9%. The US average is 6.0%.
Lincolnton has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.
Tax Rates for Lincolnton
- The Sales Tax Rate for Lincolnton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lincolnton is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lincolnton
- The average income of a Lincolnton resident is $20,859 a year. The US average is $37,638 a year.
- The Median household income of a Lincolnton resident is $35,299 a year. The US average is $69,021 a year.