Sunbury, NC is a small town in North Carolina with a population of around 3,000 people. Located near the Virginia border, Sunbury is known for its low cost of living and friendly atmosphere. The average rent for a two bedroom apartment in Sunbury is only $800 compared to $1,430 nationally. In addition to affordable housing, many locals also benefit from the low Grocery Cost Index which is 96 compared to 100 nationally. The local economy has seen some growth over recent years with the development of businesses such as Smith Manufacturing, The Print House Company, and Goody's Bakery & Cafe. All three companies are examples of how Sunbury continues to take steps forward in economic growth while still maintaining its low cost of living for residents.
Sunbury has an unemployment rate of 4.0%. The US average is 6.0%.
Sunbury has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Sunbury
- The Sales Tax Rate for Sunbury is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sunbury 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 Sunbury
- The average income of a Sunbury resident is $24,701 a year. The US average is $28,555 a year.
- The Median household income of a Sunbury resident is $44,879 a year. The US average is $69,021 a year.