Shallotte, NC is a charming town located near the coast of North Carolina. The city is known for its affordable rent, with two bedroom apartments costing $830 compared to the US average of $1,430. Shallotte also has a low cost of living with its Grocery Cost Index at 100, which is equivalent to the US average. This makes it easier for people to live and work there while still having enough money to enjoy the many attractions available in Shallotte. \nCompanies in Shallotte include Dollar General Corporation, Food Lion LLC and Walmart Stores. There are plenty of places to eat including Mellow Mushroom Pizza Bakers, Cracker Barrel Old Country Store and La Cabaña Mexican Restaurant. For those looking for higher education opportunities nearby there are Brunswick Community College and Cape Fear Community College.
Shallotte has an unemployment rate of 5.8%. The US average is 6.0%.
Shallotte has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Shallotte
- The Sales Tax Rate for Shallotte is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Shallotte 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 Shallotte
- The average income of a Shallotte resident is $23,649 a year. The US average is $28,555 a year.
- The Median household income of a Shallotte resident is $63,938 a year. The US average is $69,021 a year.