Catawba, NC is a great place to settle down and live. The cost of living is much lower than the US average; 2 bedroom rent is $860 compared to the US average of $1,430 and grocery costs are 96% compared to 100%. There are many big companies in the area including Duke Energy, Corning Incorporated, Gaston Memorial Hospital, Novant Health-Gaston Medical Center, and Parkdale Mills. Catawba is also home to many small businesses like Divine Design Interiors & Upholstery, C2 Real Estate Solutions LLC., Williams Moving Company Inc., and Catawba Valley Custom Woodwork. With its affordable prices and diverse job opportunities it’s no wonder so many people choose Catawba as their home.
Catawba has an unemployment rate of 4.5%. The US average is 6.0%.
Catawba 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 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Catawba
- The Sales Tax Rate for Catawba is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Catawba 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 Catawba
- The average income of a Catawba resident is $19,130 a year. The US average is $28,555 a year.
- The Median household income of a Catawba resident is $39,737 a year. The US average is $69,021 a year.