Hoffman, NC is a small town located in Richmond County. With a population of just over 400 people, it is a great place to live for those looking for a quiet, rural lifestyle. The average rent for 2 bedrooms in Hoffman is $690, significantly lower than the US average of $1,430. Additionally, the grocery cost index in Hoffman stands at 93 compared to 100 in the US, making groceries more affordable here. Local businesses include JM Automotive and Repair, Johnson's Food Mart, and Emerald Touch Dog Grooming. Whether you're looking for automotive services, groceries or pet care services - Hoffman has what you're looking for!
Hoffman has an unemployment rate of 6.7%. The US average is 6.0%.
Hoffman has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Hoffman
- The Sales Tax Rate for Hoffman is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hoffman 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 Hoffman
- The average income of a Hoffman resident is $16,145 a year. The US average is $28,555 a year.
- The Median household income of a Hoffman resident is $31,429 a year. The US average is $69,021 a year.