\nAquadale, NC is an idyllic small town located near the North Carolina coast with a population of just over 2,000. The cost of living in Aquadale is remarkably low compared to many larger cities across the nation. Rent for a two-bedroom apartment is about $820, which is much lower than the US average of $1,430. The grocery cost index in Aquadale versus the US average is 95, meaning food costs are slightly below average when compared to other towns and cities.
The area has seen rapid growth since 2010 due to its affordability and close proximity to larger cities such as Wilmington NC and Raleigh NC. There are many local businesses that contribute to Aquadale's flourishing economy including ABC Grocery Store, Smith Landscaping, Aquadale Medical Center and more. The city offers amenities such as parks, schools and shops that make it attractive for families wanting to relocate or invest in a home.
Overall, Aquadale proves itself to be an economical and convenient place for people looking for affordable rent or groceries while still having access to amenities comparable to major metropolitan areas.
Aquadale has an unemployment rate of 4.1%. The US average is 6.0%.
Aquadale 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 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Aquadale
- The Sales Tax Rate for Aquadale is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Aquadale 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 Aquadale
- The average income of a Aquadale resident is $24,583 a year. The US average is $28,555 a year.
- The Median household income of a Aquadale resident is $96,701 a year. The US average is $69,021 a year.