Crossnore, NC is a small town located in the western region of North Carolina. It is known for its close-knit community and stunning views of the Blue Ridge Mountains. The area is home to several businesses including Crossnore Mills, a furniture manufacturer; Bush Farms, a popular local farm market; and Park Place Grocery, a family-owned grocery store. The cost of living in Crossnore is quite affordable compared to other areas in the state and nation with 2 bedroom rent costing $930 compared to the U.S. average of $1,430 as well as a grocery cost index at 99 versus 100 nationally. In addition to business and affordability, Crossnore also offers plenty of outdoor activities such as camping, fishing, hiking, biking and more along with historic sites like Moses H. Cone Memorial Park & Flat Top Manor or the Grandfather Mountain State Park.
Crossnore has an unemployment rate of 4.1%. The US average is 6.0%.
Crossnore has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Crossnore
- The Sales Tax Rate for Crossnore is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Crossnore 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 Crossnore
- The average income of a Crossnore resident is $15,031 a year. The US average is $37,638 a year.
- The Median household income of a Crossnore resident is $98,750 a year. The US average is $69,021 a year.