Avon, NC is a small town located in eastern North Carolina. It has a variety of local businesses ranging from grocery stores, restaurants, and retail shops. The cost of living in Avon is also quite reasonable with the average rent for two bedrooms being $1,380 compared to the national average of $1,430. The Grocery Cost Index in Avon is 101 versus 100 nationally meaning groceries tend to be slightly more expensive in Avon than other parts of the US. Some local companies that residents can shop at include Palmetto Grocery Store and Randolph's Hardware Emporium. All in all Avon offers a great quality of living at an affordable price.
Avon has an unemployment rate of 7.5%. The US average is 6.0%.
Avon has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Avon
- The Sales Tax Rate for Avon is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Avon 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 Avon
- The average income of a Avon resident is $38,235 a year. The US average is $28,555 a year.
- The Median household income of a Avon resident is $30,154 a year. The US average is $69,021 a year.