Caroleen, NC Economy


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Caroleen, NC is a small town located in the heart of North Carolina. It has a population of just over 1,000 people, and is known for its lush scenery and family-friendly atmosphere. Two bedroom rent prices in Caroleen are considerably lower than the national average, making it an ideal location for those seeking an affordable place to live. Grocery prices in Caroleen are also lower than the national average index, allowing residents to save extra money each month.
Caroleen offers many unique local businesses and attractions that make this town stand out from others in the area. The Foothills Distillery is a popular destination for visitors looking for handcrafted spirits made with Carolinian grains and botanicals. Catawba Valley Brewing Company serves up craft beers made with locally sourced ingredients, and Harpethia Acres Farm provides fresh produce to residents throughout the summer months. Those looking to explore nature can take advantage of nearby Chimney Rock State Park which overlooks Lake Lure providing stunning views of the surrounding mountains.

Caroleen has an unemployment rate of 6.1%. The US average is 6.0%.

Caroleen has seen the job market decrease by -8.0% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Caroleen
- The Sales Tax Rate for Caroleen is -214,682,627,300.0%. The US average is 7.3%.
- The Income Tax Rate for Caroleen 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 Caroleen
- The average income of a Caroleen resident is $33,132 a year. The US average is $37,638 a year.
- The Median household income of a Caroleen resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCaroleen, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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