Boiling Springs, NC is a great place to live due to its affordable cost of living and great amenities. The average 2 bedroom rent in Boiling Springs, NC is only $740 per month which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Boiling Springs is 94 versus 100 in the US. This makes it easier for residents to purchase groceries at an affordable price. The city's economy consists of various companies such as Carolina West, TI Automotive, M&L Industries and Century Plastics Inc., all of which provide locals with job opportunities across different industries such as automotive and plastics manufacturing. Other businesses located in Boiling Springs are those within the service industry including restaurants, barbershops, and retail stores.
Boiling Springs has an unemployment rate of 5.1%. The US average is 6.0%.
Boiling Springs 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 Boiling Springs
- The Sales Tax Rate for Boiling Springs is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Boiling Springs 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 Springs
- The average income of a Boiling Springs resident is $22,047 a year. The US average is $28,555 a year.
- The Median household income of a Boiling Springs resident is $78,542 a year. The US average is $69,021 a year.