Belwood, NC is a small city located in North Carolina. It is a great place for families and young professionals alike due to its lower than national average rent and affordability of living costs. 2 Bedroom Rent in Belwood, NC is $720 compared to the US average of $1,430. This makes it much more affordable for those looking for housing in the area. Additionally, the Grocery Cost Index in Belwood is 94 versus 100 in the US, making grocery items more accessible and easier on the wallet. The city is home to a number of local businesses such as Eastway Tire & Auto Repair, Belwood Child Care Center and The Village Pub & Grill. All these businesses make up part of what makes this city great for individuals looking for an affordable place to live that has all the necessary amenities they need close by.
Belwood has an unemployment rate of 5.1%. The US average is 6.0%.
Belwood has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Belwood
- The Sales Tax Rate for Belwood is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Belwood 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 Belwood
- The average income of a Belwood resident is $20,658 a year. The US average is $37,638 a year.
- The Median household income of a Belwood resident is $43,670 a year. The US average is $69,021 a year.