Pinehurst, NC is a great city located in the southern part of the United States. It is a vibrant and diverse city which offers a lot of opportunities to its residents. It has many local companies such as North Carolina National Bank, First Citizens Bank, and Womble Carlyle Sandridge & Rice LLP that offer employment opportunities. There are also plenty of shopping and dining options available for the residents here.
Though relatively smaller than most cities, Pinehurst still offers attractive pricing when it comes to rent and cost of groceries. A two-bedroom apartment can be rented for $1,490 per month in Pinehurst – that’s just slightly higher than the average cost for two-bedroom rentals across the US ($1,430). Similarly, Pinehurst’s Grocery Cost Index (GXI) is at 101 while it is at 100 nationally. This indicates that groceries costs 1% more in Pinehurst compared to other parts of the country. All in all, living in Pinehurst may be slightly pricier than some other cities but its affordability makes up for it; thus making it an ideal city for families looking for reasonable living costs without compromising quality and comfort.
Pinehurst has an unemployment rate of 4.2%. The US average is 6.0%.
Pinehurst has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Pinehurst
- The Sales Tax Rate for Pinehurst is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Pinehurst 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 Pinehurst
- The average income of a Pinehurst resident is $49,362 a year. The US average is $28,555 a year.
- The Median household income of a Pinehurst resident is $92,342 a year. The US average is $69,021 a year.