Thomasville, NC is a lovely town located in the north of the state. It is known for its small-town charm and sense of community, offering residents a peaceful and relaxed atmosphere. The cost of living is quite low in Thomasville, with 2 bedroom rent being only $830 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Thomasville sits at 94 versus the US index of 100. This means that locals can save even more money on their food costs. \nThe town is home to many notable local businesses such as Thomasville Antique Mall, Carolina Brews & BBQ, K&W Cafeteria, Hot Spot Pizza & Subs and many more. With plenty of things to do including shopping at local stores or restaurants or going hiking around nearby lakes, it's easy to see why Thomasville has become such a popular destination for families looking for an affordable yet enjoyable place to live.
Thomasville has an unemployment rate of 5.4%. The US average is 6.0%.
Thomasville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Thomasville
- The Sales Tax Rate for Thomasville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thomasville 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 Thomasville
- The average income of a Thomasville resident is $18,012 a year. The US average is $28,555 a year.
- The Median household income of a Thomasville resident is $45,610 a year. The US average is $69,021 a year.