Harmony, NC is a great place to live with its low living costs and convenient location. The median 2 bedroom rent in Harmony is $910, which is significantly lower than the national average of $1,430. Additionally, Harmony has a lower grocery cost index of 95 compared to 100 in the US. This makes it affordable for many people to live comfortably in the city. There are numerous local businesses that make up the economy in Harmony such as Harmony Market and Deli, Smith Automotive Services, Park Avenue Chiropractic Clinic, and Harmony Dental Care. All of these businesses provide services to locals and visitors alike creating an inviting atmosphere for people who want to move or visit this great little city.
Harmony has an unemployment rate of 4.4%. The US average is 6.0%.
Harmony has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Harmony
- The Sales Tax Rate for Harmony is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Harmony 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 Harmony
- The average income of a Harmony resident is $25,298 a year. The US average is $37,638 a year.
- The Median household income of a Harmony resident is $55,000 a year. The US average is $69,021 a year.