Salisbury, NC is an attractive mid-sized city located in the heart of North Carolina. This charming community is known for its historical landmarks, vibrant downtown area, and unique local businesses. Salisbury is home to companies like Freightliner Trucks, Corning Cable Systems, and Cheerwine. The cost of living in Salisbury is quite affordable compared to the national average, with 2 bedroom rentals averaging around $990 per month and a grocery cost index of 95. With plenty to offer both tourists and locals alike, it's no surprise that Salisbury has become a popular destination in recent years.
Salisbury has an unemployment rate of 6.9%. The US average is 6.0%.
Salisbury has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Salisbury
- The Sales Tax Rate for Salisbury is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Salisbury 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 Salisbury
- The average income of a Salisbury resident is $19,745 a year. The US average is $28,555 a year.
- The Median household income of a Salisbury resident is $44,656 a year. The US average is $69,021 a year.