Cramerton, NC is a small town located in Gaston County. With a population of just over 8,000 people, it is a great place to find an affordable home. Two bedroom rents in Cramerton are only $1,130 compared to the US average of $1,430. Grocery costs in Cramerton are also very reasonable with an index score of 96 out of 100 compared to the US average.
The town has several local companies which contribute to the local economy such as Coca-Cola and Hellmann’s Mayonnaise facility; Arclin TFL and Construction Products; American & Efird; Hilflinger Machine Co Inc; and Piedmont Natural Gas Co Inc. The affordability of Cramerton makes it a desirable place to live for those looking for a small-town feel with easy access to major cities like Charlotte.
Cramerton has an unemployment rate of 5.0%. The US average is 6.0%.
Cramerton 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 44.7%, which is higher than the US average of 33.5%.
Tax Rates for Cramerton
- The Sales Tax Rate for Cramerton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cramerton 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 Cramerton
- The average income of a Cramerton resident is $32,475 a year. The US average is $28,555 a year.
- The Median household income of a Cramerton resident is $82,974 a year. The US average is $69,021 a year.