King, NC is a small city located in Stokes County. It has a population of around 5,200 people and is home to many local businesses such as Double J Ranch, Hidden Valley Farm and Wildcat Creek Winery. The cost of living in King is relatively low compared to the US; 2 bedroom rent averages $900 in King versus $1,430 across the United States. Grocery costs index of 96 for King versus 100 for the US overall. Despite its small size, King provides its residents with all the amenities they need while providing a unique quality of life in this quaint North Carolina town.
King has an unemployment rate of 4.2%. The US average is 6.0%.
King 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 32.4%, which is lower than the US average of 33.5%.
Tax Rates for King
- The Sales Tax Rate for King is 6.8%. The US average is 7.3%.
- The Income Tax Rate for King 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 King
- The average income of a King resident is $25,841 a year. The US average is $28,555 a year.
- The Median household income of a King resident is $59,286 a year. The US average is $69,021 a year.