Hallsboro, North Carolina is an ideal location for those who are looking to cut costs without sacrificing too much in terms of quality of life. According to recent data, it has one of the most affordable rent costs in the country with a two bedroom apartment going for around $780 a month. Additionally, the cost of groceries is lower than average when compared to the rest of the country with an index of 94 versus 100.
The city is home to several businesses, including Carolina Coastal Landscaping Services, Hallsboro Auto Repair and Maintenance LLC, Hallsboro Stamping and Machine Company, and Red’s Bait & Tackle. All four companies have been a part of the local economy for decades and offer diverse services that contribute to the overall well-being and economic success of Hallboro's citizens.
Hallsboro has an unemployment rate of 6.1%. The US average is 6.0%.
Hallsboro has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Hallsboro
- The Sales Tax Rate for Hallsboro is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hallsboro 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 Hallsboro
- The average income of a Hallsboro resident is $25,161 a year. The US average is $28,555 a year.
- The Median household income of a Hallsboro resident is $58,814 a year. The US average is $69,021 a year.