Buxton, NC is a small town located in Outer Banks of North Carolina, making it an ideal location for outdoor activities and relaxation. It has a lower cost of living compared to the US as illustrated by the average two-bedroom rent being $290 less than the average cost in the US. The grocery cost index is also lower than that of the US. Local businesses include Buxton Marine, OBXgear, and Buxton Village Books. All three are popular with locals and tourists alike for their unique offerings and friendly service.
Buxton has an unemployment rate of 7.5%. The US average is 6.0%.
Buxton has seen the job market decrease by -8.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Buxton
- The Sales Tax Rate for Buxton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Buxton 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 Buxton
- The average income of a Buxton resident is $32,614 a year. The US average is $37,638 a year.
- The Median household income of a Buxton resident is $66,472 a year. The US average is $69,021 a year.