Boiling Spring Lakes, NC is an up-and-coming city with a small population of just over 3,000 people. The cost of living is lower than the US average with two bedroom rent being $1,030 compared to $1,430 across the country. Additionally, grocery costs are slightly higher than the US average at 103 versus 100.
This low cost of living allows residents to take advantage of what Boiling Spring Lakes has to offer such as the Boiling Spring Lakes Golf Course and the miles of trails for hiking and biking. The nearby beaches provide many summer activities such as kayaking and canoeing. Additionally, local businesses like Coastal Impressions and Country Bait & Tackle make it easy for residents to get whatever they need.
Boiling Spring Lakes has an unemployment rate of 5.8%. The US average is 6.0%.
Boiling Spring Lakes has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Boiling Spring Lakes
- The Sales Tax Rate for Boiling Spring Lakes is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Boiling Spring Lakes 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 Boiling Spring Lakes
- The average income of a Boiling Spring Lakes resident is $23,012 a year. The US average is $28,555 a year.
- The Median household income of a Boiling Spring Lakes resident is $53,956 a year. The US average is $69,021 a year.