Saxapahaw, NC is a small town located in Alamance County, North Carolina. It offers a quiet atmosphere with plenty of outdoor activities. Rent for a two bedroom apartment here is approximately $1,000 - which is quite affordable compared to the US average of $1,430. Additionally, the Grocery Cost Index in Saxapahaw is 96 versus 100 in the US, demonstrating that cost of living expenses here are below the national average.
The town of Saxapahaw offers a variety of local businesses such as Love & Carrots Farm Stand and Cafe, Treehouse Wine & Beer Bar, The Saxapahaw General Store, and Haw River Ballroom. There are also many parks located nearby with plenty of options for hiking and camping.
Saxapahaw has an unemployment rate of 4.5%. The US average is 6.0%.
Saxapahaw has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Saxapahaw
- The Sales Tax Rate for Saxapahaw is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Saxapahaw 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 Saxapahaw
- The average income of a Saxapahaw resident is $26,228 a year. The US average is $28,555 a year.
- The Median household income of a Saxapahaw resident is $47,792 a year. The US average is $69,021 a year.