Horse Shoe, NC Economy


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Horse Shoe, NC is a charming town just outside of Asheville, featuring an abundance of outdoor activities such as hiking and fishing. This small community offers 2 bedroom apartments at a reasonable rate of $1,310 compared to the US average of $1,430. The grocery cost index in Horse Shoe is 102 versus 100 in the US. There are several local companies located in Horse Shoe such as Thrive Chiropractic, Keystone Kitchen & Bath Design, Blue Ridge Landscapes, and Pine Country Store. These businesses provide services that range from chiropractic care to kitchen remodelling and landscaping to retail shopping for necessities.

Horse Shoe has an unemployment rate of 4.0%. The US average is 6.0%.

Horse Shoe has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.

Tax Rates for Horse Shoe
- The Sales Tax Rate for Horse Shoe is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Horse Shoe 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 Horse Shoe
- The average income of a Horse Shoe resident is $28,079 a year. The US average is $28,555 a year.
- The Median household income of a Horse Shoe resident is $62,460 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHorse Shoe, North CarolinaUnited States
  46
  -9.0%-6.2%
  40.6%33.5%
  6.8%6.2%
  5.3%4.6%
  $36,298$37,638
  $62,460$69,021
  $77,750$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  1.8%6.8%
  15.9%10.0%
  6.0%2.5%
  12.4%11.0%
  1.0%4.8%
  0.0%0.8%
  3.4%1.9%
  6.1%4.7%
  1.4%1.9%
  12.5%7.6%
  0.0%0.1%
  3.9%4.2%
  7.0%9.3%
  10.9%14.0%
  1.4%2.1%
  7.5%7.0%
  4.2%4.8%
  2.9%4.7%
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