Falcon, NC is a small town in North Carolina with a vibrant culture. It is home to some great local businesses such as Falcon Florists and the Falcon Outlet Mall. The cost of living in this area is much lower than the rest of the country; the average rent for two bedroom apartments is $970 compared to $1,430 in the US, and grocery cost index is 94 compared to 100 nationally. As such, Falcon provides a more affordable option for those looking to live in North Carolina. Besides being economical, Falcon also has great attractions such as Mystery Hill - an amusement park filled with puzzles and mazes – as well as Lake James State Park which offers beautiful views and outdoor activities like swimming and boating. All in all, Falcon is a wonderful place to visit or even call home!
Falcon has an unemployment rate of 6.5%. The US average is 6.0%.
Falcon has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Falcon
- The Sales Tax Rate for Falcon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Falcon 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 Falcon
- The average income of a Falcon resident is $21,958 a year. The US average is $28,555 a year.
- The Median household income of a Falcon resident is $73,750 a year. The US average is $69,021 a year.