Hickory, NC is a great place to live with plenty of job opportunities and things to do. Popular employers in the area include Frye Regional Medical Center, Corning Optical Communications, ConvaTec Inc., and Patton Medical Devices. The cost of living is also lower than the national average - the median two-bedroom rent is $870 compared to $1,430 nationally while grocery costs are 96 on the index compared to 100 in the US. There are plenty of shopping malls, restaurants, parks, and other attractions throughout Hickory as well as nearby cities so there is always something to do and explore.
Hickory has an unemployment rate of 4.5%. The US average is 6.0%.
Hickory has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Hickory
- The Sales Tax Rate for Hickory is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hickory 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 Hickory
- The average income of a Hickory resident is $26,190 a year. The US average is $28,555 a year.
- The Median household income of a Hickory resident is $53,117 a year. The US average is $69,021 a year.