Grifton, NC is a small town located in North Carolina. It is home to several local businesses like Jones Brothers Produce, Smith's Home Improvement, and Turner Automotive Services. The cost of living in Grifton, NC is quite affordable, as evidenced by the fact that 2 bedroom rent prices are approximately $900 compared to the US average of $1,430. Additionally, Grocery Cost Index in Grifton is 94 versus 100 in the US which further indicates an overall lower cost of living.
Grifton has an unemployment rate of 4.6%. The US average is 6.0%.
Grifton has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Grifton
- The Sales Tax Rate for Grifton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grifton 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 Grifton
- The average income of a Grifton resident is $18,020 a year. The US average is $28,555 a year.
- The Median household income of a Grifton resident is $31,903 a year. The US average is $69,021 a year.