Cherokee, NC is a beautiful and affordable town located in the great Smoky Mountains. It is known for its breathtaking views, outdoor activities and friendly community. Rent for two bedroom apartments in Cherokee is $860, which is much lower than the national average of $1,430. Throughout Cherokee you'll find plenty of grocery stores offering products with an index of 95 compared to the US average of 100. Popular businesses that locals often frequent include Ingles Markets, Family Foodland Grocery Store, The Great Smokies Flea Market and Harrah's Cherokee Casino & Resort.
Cherokee has an unemployment rate of 4.4%. The US average is 6.0%.
Cherokee 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 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Cherokee
- The Sales Tax Rate for Cherokee is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cherokee 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 Cherokee
- The average income of a Cherokee resident is $12,900 a year. The US average is $28,555 a year.
- The Median household income of a Cherokee resident is $42,583 a year. The US average is $69,021 a year.