High Point, North Carolina is a great place to live for many reasons. It offers a variety of job opportunities at local companies including furniture makers, textiles, and aviation. The cost of living is also very affordable when compared to the national average. For example, rent for a 2-bedroom apartment in High Point averages around $1,060 per month, which is $370 less than the nationwide average of $1,430. Grocery costs are also much lower in High Point with an index score of 95 versus 100 on the U.S.. With such low prices and plenty of job opportunities, High Point makes for an excellent place to live!
High Point has an unemployment rate of 5.9%. The US average is 6.0%.
High Point has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for High Point
- The Sales Tax Rate for High Point is 6.8%. The US average is 7.3%.
- The Income Tax Rate for High Point 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 High Point
- The average income of a High Point resident is $23,077 a year. The US average is $28,555 a year.
- The Median household income of a High Point resident is $54,331 a year. The US average is $69,021 a year.