Lowesville, NC is a small town nestled in the foothills of North Carolina. It offers a quaint and charming atmosphere that appeals to families and singles alike. The cost of living in Lowesville is lower than the nation average with a two bedroom rent averaging $1,010 per month as compared to the national average of $1,430. Groceries are also cheaper here, with an index of 98 compared to 100 for the rest of the country.
Lowesville is home to several local businesses such as Lowesville Hardware which stocks all your home improvement needs, Custom Creations which creates custom furniture pieces with reclaimed wood pallets, and Farley’s Restaurant which serves up classic home cooking. These businesses offer locals employment opportunities and help keep their community alive and thriving.
Overall, Lowesville offers its residents a pleasant lifestyle at a fraction of the cost when compared to other areas throughout the United States. With its low housing costs, plentiful job opportunities, and traditional atmosphere this small town could be just what you're looking for when searching for an affordable place to call home.
Lowesville has an unemployment rate of 3.9%. The US average is 6.0%.
Lowesville has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.5%, which is higher than the US average of 33.5%.
Tax Rates for Lowesville
- The Sales Tax Rate for Lowesville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lowesville 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 Lowesville
- The average income of a Lowesville resident is $46,333 a year. The US average is $37,638 a year.
- The Median household income of a Lowesville resident is $110,761 a year. The US average is $69,021 a year.