Five Points, NC is a small town located in the outskirts of North Carolina. It is a great place to settle down and start a family due to its low living costs. The average two bedroom rent in Five Points is only $970 which is much lower than the US average of $1430. Additionally, grocery costs are also significantly lower in Five Points with an index of 96 compared to the national average of 100. The town provides many job opportunities at local companies such as Walmart, Home Depot and Lowe's. Overall, Five Points offers an affordable lifestyle for those looking for a quieter area to live.
Five Points has an unemployment rate of 6.2%. The US average is 6.0%.
Five Points has seen the job market decrease by -6.5% 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 Five Points
- The Sales Tax Rate for Five Points is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Five Points 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 Five Points
- The average income of a Five Points resident is $31,304 a year. The US average is $37,638 a year.
- The Median household income of a Five Points resident is $0 a year. The US average is $69,021 a year.