Bolton, NC is a small town located in Columbus County and is known for its low cost of living relative to the US. The median 2 bedroom rent in Bolton, NC is $760 compared to the many cities in America which often have a median rent of over $1,000. Additionally, the grocery cost index in Bolton, NC is 94 compared to 100 in the US. This means that groceries are relatively less expensive here.
Local businesses in Bolton include D&D Pawn & Gun shop, Bolton Pharmacy, and R&R Automotive Services. Other popular spots around town include Choo Choo's Pizza and Subs as well as Captain's Galley Seafood Restaurant. These businesses offer goods and services necessary for locals to enjoy life in this small town.
Bolton has an unemployment rate of 6.1%. The US average is 6.0%.
Bolton has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Bolton
- The Sales Tax Rate for Bolton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bolton 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 Bolton
- The average income of a Bolton resident is $15,931 a year. The US average is $37,638 a year.
- The Median household income of a Bolton resident is $42,188 a year. The US average is $69,021 a year.