Maxton, NC is a small town located in Richmond County. It is known for its rich history and southern charm. The cost of living in Maxton is significantly lower than the US average, with 2 bedroom rent costing $850, compared to $1,430 in the US. The grocery cost index in Maxton is 92 versus 100 in the US. This makes it an ideal place for people looking to move out of expensive cities while still enjoying all the amenities that comes with living in a small town. Popular companies that call Maxton home include Maxton Pharmacy, Ray’s Auto Parts and Wilkinsons Grocery Store. These businesses are just part of what make Maxton so attractive to many people looking for a traditional way of life without breaking the bank.
Maxton has an unemployment rate of 6.8%. The US average is 6.0%.
Maxton has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Maxton
- The Sales Tax Rate for Maxton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Maxton 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 Maxton
- The average income of a Maxton resident is $12,472 a year. The US average is $28,555 a year.
- The Median household income of a Maxton resident is $21,318 a year. The US average is $69,021 a year.