Locust, NC is a great place to live and work. It has an affordable rental rate of $920 for a two-bedroom apartment, compared to the national average of $1,430. Not only is rent affordable but so is the cost of groceries in Locust with an index score of 97 versus 100 in the US. Local businesses including Apex Seafood, House Of Pizza, and Sushi Man are popular among Locust residents. All three offer delicious food options at reasonable prices. Another great local business is Henley's Paint & Body Shop, where you can get your car fixed or repainted at great prices.
Locust has an unemployment rate of 4.1%. The US average is 6.0%.
Locust 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 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Locust
- The Sales Tax Rate for Locust is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Locust 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 Locust
- The average income of a Locust resident is $25,879 a year. The US average is $28,555 a year.
- The Median household income of a Locust resident is $54,617 a year. The US average is $69,021 a year.