Gibson, NC is a small town in North Carolina that offers affordable living costs for its residents. The average 2 bedroom rent in Gibson is only $700, much less than the national average of $1430. In addition to lower rent prices, groceries and other goods are also significantly cheaper with the Grocery Cost Index in Gibson at 93 versus 100 for the US as a whole. This makes Gibson an attractive option for people looking to save money on living expenses. The town boasts a number of local businesses including Gibson Tire & Auto Service, Milligan Realty, and B&W Printing Co Inc. With its low cost of living and local amenities, Gibson is an ideal destination for those seeking a comfortable lifestyle at an affordable price.
Gibson has an unemployment rate of 8.9%. The US average is 6.0%.
Gibson has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Gibson
- The Sales Tax Rate for Gibson is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Gibson 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 Gibson
- The average income of a Gibson resident is $22,424 a year. The US average is $37,638 a year.
- The Median household income of a Gibson resident is $25,313 a year. The US average is $69,021 a year.