Marion, NC is a great place to live with a low cost of living. According to recent data, 2 bedroom rent in Marion costs only $770 compared to the US average of $1430. The grocery cost index in Marion is also lower than the national average, sitting at 95 versus 100 in the US. This makes it a great city for those who are looking for an affordable place to settle down.
The city is also home to many excellent companies such as Coor's Brewery, which offers its employees competitive compensation and benefits packages, including health insurance, paid time off and more. Another local staple is Slane’s Auto Parts which provides job security and opportunities for career growth. Finally, Penny Furniture provides employees with competitive salaries and great working environment.
Marion has an unemployment rate of 4.4%. The US average is 6.0%.
Marion has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $20,812 a year. The US average is $37,638 a year.
- The Median household income of a Marion resident is $41,580 a year. The US average is $69,021 a year.