East Bend, NC is a small town located in northern Forsyth County boasting beautiful mountain views and thriving businesses. In East Bend, 2 bedroom rent is significantly lower than the US average at $830 and grocery costs are also lower compared to the nation as a whole with a Grocery Cost Index of 97 versus 100 in the US. The local economy is focused on small business with local companies such as Moore's Family Pharmacy, East Bend Hardware Store, and Wilkie's Fencing that offer goods and services to residents. There is also a strong manufacturing presence in town with companies such as Klopman International and Cone Mills Corporation producing textiles for national distribution. With its low cost of living, burgeoning business sector, and picturesque mountain views East Bend makes for an ideal small-town destination.
East Bend has an unemployment rate of 4.1%. The US average is 6.0%.
East Bend has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for East Bend
- The Sales Tax Rate for East Bend is 6.8%. The US average is 7.3%.
- The Income Tax Rate for East Bend 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 East Bend
- The average income of a East Bend resident is $20,907 a year. The US average is $28,555 a year.
- The Median household income of a East Bend resident is $73,929 a year. The US average is $69,021 a year.